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Rocket Companies (RKT) Q3 2024 Earnings Call Transcript

The Motley Fool

Rocket Companies (NYSE: RKT) Q3 2024 Earnings Call Nov 12, 2024 , 4:30 p.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Thank you for standing by, and welcome to the Rocket Companies third quarter 2024 earnings conference call. Image source: The Motley Fool. You may begin.

Companies 241
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Ardian closes €3.2bn fund to drive growth in European mid-cap companies

Private Equity Insights

Ardian has already committed a third of the fund to eight transactions, including the acquisition of a majority stake in Diam, a provider of merchandising solutions for the beauty and luxury sector, and Vecos, a smart locker company. Source: Yahoo Finance Can’t stop reading?

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OpenAI appoints Adebayo Ogunlesi to board, highlighting AI infrastructure focus

Private Equity Insights

Ogunlesi will help the company secure the infrastructure needed to advance artificial intelligence development. The company warned that $175bn in global AI investment funds could flow to China-backed projects without action. OpenAI has added Adebayo Ogunlesi, CEO of Global Infrastructure Partners, to its board.

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Boeing's Big News Is Bigger News for These 3 Companies

The Motley Fool

Its commercial aerospace and defense businesses provide employment and a key end market for leading companies such as GE Aerospace (NYSE: GE) , RTX (NYSE: RTX) , and smaller but no less crucial suppliers like Hexcel (NYSE: HXL). When it comes to the commercial aircraft manufacturing industry, Boeing (NYSE: BA) is too big to trail.

Companies 246
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Upstart, Robinhood, and Opendoor Are All Spiking on Wednesday -- Here's Why They Could Go Even Higher

The Motley Fool

Lower interest rates are a tailwind, but for different reasons All three companies stand to benefit tremendously from lower interest rates, but for very different reasons. But one key point is that while Opendoor owns the properties, it is paying interest to finance them. Then youll want to hear this.

Financing 246
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Prediction: This Artificial Intelligence (AI) Software Company Could Be the Next Palantir

The Motley Fool

The company has not only accelerated its top line, but it's also been consistently expanding profit margins and has transitioned from a cash-burning operation to a profitable enterprise. Today, another company in this sector also merits a closer look: ServiceNow (NYSE: NOW). And on the surface, the company seems to be doing a good job.

Companies 246
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Why Electronic Arts Stock Just Crashed 17%

The Motley Fool

Heading into fiscal 2025, EA had told investors it would grow its "live services net bookings" -- that's the company's net revenue, plus any changes in deferred net revenue for online-enabled games -- in the mid-single digits this year. Finance estimates have Wall Street looking for $2.33 Is EA stock a sell?

Financing 246