Sat.Oct 14, 2023 - Fri.Oct 20, 2023

article thumbnail

Why Solar Power Stocks Flamed Out on Friday

The Motley Fool

Bad news that led to a massive sell-off in shares of solar power inverter manufacturer SolarEdge (NASDAQ: SEDG) also burned investors in related solar power stocks Friday. Through 11:35 a.m., solar power installers Sunrun (NASDAQ: RUN) , Sunnova Energy International (NYSE: NOVA) , and SunPower (NASDAQ: SPWR) were down 9.4%, 11.1%, and 13.4%, respectively.

Banks 264
article thumbnail

How sponsors can anticipate shocks affecting their portfolio companies

PE Hub

The key is to anticipate fallout quickly and accurately while clearly communicating any ramifications. The post How sponsors can anticipate shocks affecting their portfolio companies appeared first on PE Hub.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

What Else Might be Driving Sentiment?

The Big Picture

One of my favorite responsibilities as chief investment officer at Ritholtz Wealth Management is the quarterly conference call I do for our clients. I run through 30 charts in 30 minutes that explain where we are in the economic cycle, what markets are doing, and what it means to their portfolios. I like to finish with a thought-provoking, often “investing-adjacent” idea they might not have previously considered.

Education 140
article thumbnail

Stop Betting Against America

A Wealth of Common Sense

There’s this guy on Twitter, Paul Fairie, who does these threads using old newspaper clippings to show how the stuff we worry about today is the same stuff people have been worrying about for decades. There was one called a brief history of we are raising a generation of wimps. Every older generation thinks this (and will always think this…it’s called progress).

139
139
article thumbnail

A Famed Gymnast Is Crowdfunding to Pay Her Medical Bills. Here's How to Secure Affordable Health Insurance and Avoid That Fate

The Motley Fool

Image source: Getty Images In the 1980s, Mary Lou Retton was a household name. The star gymnast was a member of the U.S. Olympic team, and in 1984, she took home a gold medal for her performance in the all-around competition. You'd think someone in that position wouldn't have to worry about covering their bills in the event of a hospital stay. But Retton is 1 of 25.3 million Americans who unfortunately don't have health insurance.

article thumbnail

Providence Equity-backed KPA snaps up dealer compliance software firm ComplyNet

PE Hub

KPA is a provider of environmental health and safety and sales finance and insurance solutions. The post Providence Equity-backed KPA snaps up dealer compliance software firm ComplyNet appeared first on PE Hub.

Financing 223

More Trending

article thumbnail

AFFiNE Raises $8M in Pre-Series A Funding

FinSMEs

AFFiNe, a Singapore-based SaaS platform for creatives, raised $8M in Pre-Series A funding. The round, which brought the total amount raised to $40M, was led by Redpoint Ventures, Sinovation Ventures, and CGC Ventures, and followed by MiraclePlus (formerly Y Combinator China), with four investors participating. The company intends to use the funds to expand operations […] The post AFFiNE Raises $8M in Pre-Series A Funding appeared first on FinSMEs.

Funds 116
article thumbnail

Why Okta Stock Got Crushed Friday

The Motley Fool

Shares of Okta (NASDAQ: OKTA) slumped on Friday, losing as much as 13.9%. By the time the market closed, the stock was still down 11.64%. The catalyst that sent the cybersecurity specialist lower was reports that a hacker had -- once again -- infiltrated its system. How hackers gained access In an alert posted on its website, Okta revealed that an unidentified hacker (or group of hackers) had gained access to files "certain Okta customers" had uploaded to the company's support system.

article thumbnail

Hastings Equity expects to make add-on deals for utility consulting group Celerity

PE Hub

Hastings acquired Celerity Consulting Group in 2021 and added on Clear Path earlier in 2023. The post Hastings Equity expects to make add-on deals for utility consulting group Celerity appeared first on PE Hub.

article thumbnail

A Luxury Slowdown

The Reformed Broker

Join Downtown Josh Brown and Michael Batnick for another round of What Are Your Thoughts? On this week’s episode, Josh and Michael discuss the biggest topics in investing and finance, including: ►Earnings – “Average commercial and consumer loans were both down from the second quarter as higher rates and a slowing economy have weakened loan demand, and we’ve continued to take some credit tighteni.

Financing 115
article thumbnail

Skoon Energy Raises $5.6M in Series A Funding

FinSMEs

Skoon Energy, a Rotterdam, the Netherlands-based provider of an AI-powered software platform for clean mobile energy, raised $5.6M in Series A funding. The round was led by Blue Bear Capital, with participation from Graduate Entrepreneur Fund. The Series A round follows investments by Kees Koolen, early investor and CEO of Booking.com and former COO of […] The post Skoon Energy Raises $5.6M in Series A Funding appeared first on FinSMEs.

Funds 113
article thumbnail

1 AI Stock to Buy and Forget

The Motley Fool

One of the biggest trends in recent years is the proliferation of artificial intelligence (AI), creating new opportunities for savvy investors to ride on for the next few years. But not all opportunities are created equal, and the casualties of AI companies will be high. Thus, investors should be cautious with their investment choice in this area, focusing solely on companies best positioned to win in the long run.

article thumbnail

Stengel Hill Architecture secures investment from Godspeed

PE Hub

FMI Capital Advisors and Fultz Maddox Dickens PLC provided legal advice to SHA while Latham & Watkins LLP acted as legal advisor to Godspeed Capital. The post Stengel Hill Architecture secures investment from Godspeed appeared first on PE Hub.

Legal 213
article thumbnail

10 Friday AM Reads

The Big Picture

My end-of-week morning train WFH reads: • Austin’s office market is exploding. But no one is moving in. 6 million square feet of new office space will hit the market in the next few years — equivalent to 105 football fields. Between spaces completed since 2020 and what’s still in the pipeline, the office market will grow nearly 25 percent — the fastest rate on the continent.

Startups 103
article thumbnail

Upland Raises Additional $7M in Series A Funding Extension 

FinSMEs

Upland, a Palo Alto, CA-based provider of a web3 metaverse platform, raised additional $7M in Series A funding extension. The round, which brought the total amount to $25M, saw participation from EOS Network Ventures as a new investor, alongside participation from existing investors C3 Venture Capital, Animoca Brands, and angel investors. The company intends to […] The post Upland Raises Additional $7M in Series A Funding Extension appeared first on FinSMEs.

article thumbnail

Why Virgin Galactic Stock Dropped Friday Morning

The Motley Fool

Shares of Virgin Galactic (NYSE: SPCE) tumbled 2.9% through 10 a.m. ET on Friday after Truist cut its price target on the space tourism stock by two-thirds -- from $3 all the way down to just $1 a share. In a note this morning, The Fly described Truist's move as mere collateral damage from the bank's broader feeling that aerospace stocks are being stressed and that airplane production this year is looking about 7% weaker than predicted.

article thumbnail

Ardian’s Audiotonix eyes large add-ons; RedBird-backed Obra attracts Aquarian investment

PE Hub

Godspeed Capital invests in an architecture and interior design firm. The post Ardian’s Audiotonix eyes large add-ons; RedBird-backed Obra attracts Aquarian investment appeared first on PE Hub.

Investing 213
article thumbnail

AI, cybersecurity, space investor Shield Capital soars past debut fundraising goal

AltAssets

National security tech investor Shield Capital has skewered its target for its inaugural fundraise by reaching $186m at final close. The post AI, cybersecurity, space investor Shield Capital soars past debut fundraising goal first appeared on AltAssets Private Equity News.

Capital 100
article thumbnail

Jetson Closes $15M Seed Funding

FinSMEs

Jetson, a Palo Alto, CA-based aviation company focused on producing eVTOL, closed a $15M seed round in September 2023. Backers included rapper will.i.am, Board Director Mr. Luca Spada and Senior Board Advisor Mr. Rikard Steiber. Led by Stephan D’haene, CEO, and Tomasz Patan, CTO, Jetson is the producer of the Jetson ONE, a personal electric […] The post Jetson Closes $15M Seed Funding appeared first on FinSMEs.

Funds 112
article thumbnail

American Express (AXP) Q3 2023 Earnings Call Transcript

The Motley Fool

Image source: The Motley Fool. American Express (NYSE: AXP) Q3 2023 Earnings Call Oct 20, 2023 , 8:30 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Ladies and gentlemen, thank you for standing by. Welcome to the American Express Q3 2023 earnings call. At this time, all participants are in a listen-only mode.

article thumbnail

FVLCRUM snaps up tech systems integrator AITC

PE Hub

Womble Bond Dickinson served as legal counsel to FVLCRUM on the transaction. The post FVLCRUM snaps up tech systems integrator AITC appeared first on PE Hub.

Legal 227
article thumbnail

How to Up Your Golf Game in Retirement

Integrity Financial Planning

Golf is a rewarding and challenging activity that can be enjoyed by individuals of all ages, including retirees. It’s not just a game but an opportunity to stay physically active, mentally stimulated, and socially engaged. If you’re looking to get better scores out on the green, try out these key tips and strategies. Stretch and Get Loose First and foremost, prioritize your physical health.

article thumbnail

Cosmos Innovation Raises $19.7M in Funding

FinSMEs

Cosmos Innovation, a Singapore-based AI-first company building next-generation perovskite silicon tandem (PST) solar cell technology, raised $19.7m in Series A funding. The round was led by Xora Innovation, with participation from Innovation Endeavors, Two Sigma Ventures, DeepMind CEO Demis Hassabis, MIT professor Tomaso Poggio, a founder of computational neuroscience, Richard Socher, a natural language processing (NLP) researcher, CEO of You.com and managing […] The post Cosmos Innovation

Funds 109
article thumbnail

Tesla Earnings: 7 Metrics You Should See

The Motley Fool

Tesla (NASDAQ: TSLA) stock is down 3% in after-hours trading on Wednesday as of 6:13 p.m. ET, following the electric-vehicle (EV) pioneer's release of its third-quarter 2023 results. The stock's decline is largely attributable to the fact that the quarter's revenue and earnings both missed Wall Street's consensus estimates. The following is an overview of Tesla's third quarter, centered on seven key metrics. 1.

article thumbnail

PE-backed Mercer Advisors buys wealth management firm Kingfisher Capital

PE Hub

Based in Denver, Mercer Global Advisors is a wealth management firm. The post PE-backed Mercer Advisors buys wealth management firm Kingfisher Capital appeared first on PE Hub.

Capital 211
article thumbnail

Blackstone Reports Third Quarter 2023 Earnings Results

Blackstone News

NEW YORK – October 19, 2023 – To view the full report please click the following link – Blackstone’s Third Quarter 2023 results. Blackstone will host its third quarter 2023 investor conference call via public webcast on October 19, 2023 at 9:00 a.m. ET. To register and listen to the call, please use the following link here. For those unable to listen to the live broadcast, there will be a webcast replay on the Shareholders section of Blackstone’s website at [link] beginning about two hours after

article thumbnail

Roofr Raises $23.5M in Funding

FinSMEs

Roofr, a San Francisco, CA-based roofing technology startup, raised $23.5M in funding. The round was led by Vertical Venture Partners with participation from ABC Supply Co, Bullpen Capital, Interplay Ventures, i2BF, SVB, Ace & Company, MGFO, and Podemsky Ventures. The company intends to use the funds to accelerate the development and launch of roofing solutions, […] The post Roofr Raises $23.5M in Funding appeared first on FinSMEs.

Funds 109
article thumbnail

1 Excellent Retirement Savings Account You'll Wish You'd Opened Sooner

The Motley Fool

Are you one of the millions of U.S. residents doing some sort of side work to supplement your regular income? Or perhaps a "gig" job is your primary source of income. Maybe you're a contractor with just one customer. Nearly half of all Americans are doing something on the side to make extra money. And it's important to understand this alternative employment doesn't exclude you from retirement savings options that most conventional corporate employees have.

article thumbnail

Charlesbank scoops up Petra Funds, plus Capstone forecasts strong automotive aftermarket rebound

PE Hub

Private equity deals drop 40 percent for the first three quarters of the year. The post Charlesbank scoops up Petra Funds, plus Capstone forecasts strong automotive aftermarket rebound appeared first on PE Hub.

Funds 203
article thumbnail

The Worst Case Scenario For the Housing Market

A Wealth of Common Sense

People have been predicting a housing market crash ever since prices took off like a rocketship early in the pandemic. Housing is a bubble! Just wait for all of the Airbnb hosts that are forced to sell! Rising mortgage rates mean housing has to crash! It’s the big short all over again! Who knows maybe housing prices will fall or even crash eventually.

99
article thumbnail

Objective Raises $13M in Funding

FinSMEs

Objective, a San Francisco, CA-based provider of an outcome-driven search platform, Objective Search, raised $13M in funding. The round was led by Matrix with participation by Two Sigma Ventures and others. The company intends to use the funds to expand operations and its business reach. Led by CEO Pablo Mendes, Objective Search is a product […] The post Objective Raises $13M in Funding appeared first on FinSMEs.

Funds 109
article thumbnail

Why VinFast Auto Stock Plunged More Than 30% to an All-Time Low This Week

The Motley Fool

Shares of Vinfast Auto (NASDAQ: VFS) plunged this week and were trading 33.5% lower through 10:30 a.m. ET Friday, according to data provided by S&P Global Market Intelligence. The stock hit a peak of $93 per share on Aug. 28 -- just days after its initial public offering. Since then, though, VinFast has fallen off a cliff and hit an all-time low Friday.

article thumbnail

Hamilton Lane raises nearly $300m from national and NY small business credit funds

PE Hub

These funds will focus on providing loans to lower middle-market businesses with EBITDA ranging from $3 million to $25 million. The post Hamilton Lane raises nearly $300m from national and NY small business credit funds appeared first on PE Hub.

Funds 203
article thumbnail

Blackstone Announces Key Appointments in Asia to Support Private Wealth Solutions Expansion

Blackstone News

HONG KONG – October 18, 2023 – Blackstone (NYSE: BX) today announced that Ed Huang, Chief Operating Officer, Blackstone Private Equity Asia, has been promoted to Head of Private Wealth Solutions (PWS), APAC. Herbert Suen has been named Head of Southeast Asia, PWS, and Manali Parekh has been appointed Chief Operating Officer, PWS Asia. Joan Solotar, Head of Global Private Wealth Solutions, said, “Ed will be a great addition to the APAC team.