Wed.Nov 13, 2024

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Warren Buffett Owns 1 Vanguard Index Fund That Could Soar by 150%, According to a Top Wall Street Analyst

The Motley Fool

Warren Buffett is the longtime CEO of Berkshire Hathaway , where he oversees a $295 billion portfolio of 45 publicly traded stocks and securities. His conglomerate also wholly owns an array of businesses, and has a $325 billion cash stockpile ready to be put to work when he and his lieutenants see worthwhile investing opportunities. Since Buffett took the helm in 1965, his investment decisions have propelled Berkshire Hathaway's stock to a compound annual return of 19.8% through 2023.

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Asterion and Telefónica sell Spanish data centre operator Nabiax to Aermont Capital

Private Equity Wire

Asterion Industrial Partners, a Spanish infrastructure investment firm, along with Telefónica, has agreed to sell Nabiax, a Spanish data centre operator, to European asset manager Aermont Capital, according to report by Reuters citing a joint statement released on Monday. Although the financial terms have not been disclosed, the report cites unnamed sources as suggesting that the deal values Nabiax at approximately €1bn ($1.07bn).

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Why Verizon Stock Inched Higher Today

The Motley Fool

Verizon Communications ' (NYSE: VZ) major news on Wednesday was entirely expected. Still, it helped push the company's stock into positive territory. Verizon's shares closed the trading session nearly 2% in response, providing a positive contrast to the flatlining S&P 500 index. Say hello to a shiny new asset In this month of high-profile elections, Verizon's news had to do with a shareholder vote.

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Transom Capital powers past hard cap for $675m Fund IV, more than double size of third fund

AltAssets

Mid-market PE house Transom Capital has more than doubled the size of its last fundraise through a $675m final close of its fourth flagship investment vehicle. The post Transom Capital powers past hard cap for $675m Fund IV, more than double size of third fund appeared first on AltAssets Private Equity News.

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This Is the Average Social Security Benefit for Age 69

The Motley Fool

The average person collecting a retired worker benefit from Social Security receives $1,905.31 a month, according to the 2024 Social Security Statistical Supplement. However, the average 69-year-old beneficiary gets $1,945.18 -- about $40 more per month than the average retired worker. This translates to $23,342 in annual inflation-protected retirement income for the typical 69-year-old.

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Thoma Bravo sells minority stake in Qlik to ADIA at $10bn valuation

Private Equity Wire

Software and technology-focused private equity firm Thoma Bravo has agreed to sell a Qlik minority stake to a subsidiary of the Abu Dhabi Investment Authority (ADIA), in a deal that values the data analytics company at $10bn. Thoma Bravo will retain majority ownership and plans an additional equity investment in the company. Since taking Qlik private in 2016, Thoma Bravo has overseen 14 acquisitions for the firm and increased its R&D efforts.

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AshGrove Capital Closes Fund II at €650m hard cap

Private Equity Wire

AshGrove Capital (AshGrove), an independent pan-European speciality lender, has held the final close of AshGrove Speciality Lending Fund II at its hard cap of €650m, surpassing its original target of €500m. This fund is more than 100% bigger than AshGrove’s €300m inaugural fund, making it the only independent European performing private credit fund to achieve such growth in recent years, according to Preqin data.

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3 Unstoppable Growth Stocks I'm Loading $25,000 Each Into by 2029

The Motley Fool

The stock market's history is filled with both tremendous successes and sobering failures when it comes to growth stocks. While many innovative companies have disappeared into obscurity since the 1920s, transformative businesses like Nvidia have turned early investors into millionaires by pioneering new technological frontiers. Today's emerging technology leaders could offer similar opportunities for patient investors willing to accept higher risks for potentially outsized returns.

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Top 5 Growth Hacks from XYPN's 2024 Annual Benchmarking Study

XY Planning Network

As XYPN celebrates its 10th anniversary, we're also marking the 8th edition of our Annual Benchmarking Study. What began as a way to understand the growth of fee-for-service advisory firms has now become an essential resource for advisors navigating this evolving space.

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1 Key Reason Palantir Stock Has the Potential to Be the "Next Nvidia Stock"

The Motley Fool

Nvidia (NASDAQ: NVDA) is a terrific artificial intelligence (AI) company and its stock is worth buying for many reasons. These include that it dominates the rapidly growing AI chip market and its CEO Jensen Huang has a stellar track record of staying ahead of the competition. That said, Nvidia's massive size will make achieving strong percentage growth in key metrics -- such as revenue, earnings, cash flows -- more and more challenging as time goes on.

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Forerunner Ventures hits ‘sweet spot’ with new $500m seed, Series A fund

AltAssets

Consumer-focused investment house Forerunner Ventures has pulled in $500m for a new early-stage fund - a figure it says is its "sweet spot" for the strategy. The post Forerunner Ventures hits ‘sweet spot’ with new $500m seed, Series A fund appeared first on AltAssets Private Equity News.

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Want Decades of Passive Income? 2 Stocks to Buy Now and Hold Forever.

The Motley Fool

A high yield alone isn't always a good indication of the attractiveness of an income investment. Very often, a high yield is a sign that Wall Street is worried about a company's future. This is why investors looking for decades of passive income need to step back and assess more than just dividend yield. Right now, Realty Income (NYSE: O) and Toronto-Dominion Bank (NYSE: TD) are both offering attractive yields.

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Foresight makes significant investment in Northern Ireland’s TES Group

Private Equity Wire

Foresight Group (Foresight), a leading regional private equity and infrastructure investment manager, has made a significant minority investment in Northern Ireland’s TES Group (TES), a manufacturer and distributor of high-performance power distribution and monitoring systems. TES was founded in 1999, by Brian Taylor, CEO, and Noel McCracken, Managing Director, to provide water and power technology engineering expertise, specialising in critical infrastructure markets.

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Billionaires Warren Buffett, Israel Englander, and Steven Cohen Are Piling Into Wall Street's Most-Popular Reverse Stock Split of 2024

The Motley Fool

Over the past two years, there hasn't been a hotter investment trend than the rise of artificial intelligence (AI). But in 2024, stock-split euphoria has played a very close second fiddle. A stock split is a tool publicly traded companies have at their disposal that allows them to superficially adjust their share price and outstanding share count by the same factor.

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PE industry sentiment shows green shoots of recovery, says survey

Private Equity Wire

While activities remain challenging, sentiment and activity amongst both private equity GPs and LPs are increasingly positive, according to a new report from industry body Invest Europe and global management consultancy Arthur D Little (ADL). Some 83% of GPs expect fundraising to stay the same or increase over the next 12 months – compared to 50% a year ago, matching investor optimism, with over 90% of LPs expecting higher capital commitments to private equity over the next three years.

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Palantir Stock vs. Super Micro Stock: Billionaire Israel Englander Buys 1 and Sells the Other.

The Motley Fool

Billionaire Israel Englander founded Millennium Management in 1989. The firm has since become the second most successful hedge fund in history (behind Ken Griffin's Citadel) in terms of net gains since inception, according to LCH Investments. That makes Englander a good source of inspiration for individual investors. In the second quarter, Englander sold 7.7 million shares of Palantir Technologies (NYSE: PLTR) , reducing his position by 59%.

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Goldman Sachs’ ex-Saudi Arabia CEO moves to Neuberger Berman as head of MENA, new markets

AltAssets

Asset management major Neuberger Berman has brought in Goldman Sachs' former Saudi Arabia CEO Khalid Albdah as its head of Middle East, North Africa and New Markets. The post Goldman Sachs’ ex-Saudi Arabia CEO moves to Neuberger Berman as head of MENA, new markets appeared first on AltAssets Private Equity News.

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Should You Buy Nvidia Stock Before Nov. 20? History Says This Will Happen.

The Motley Fool

On Nov. 20, the market will receive perhaps the most anticipated earnings release of this season: artificial intelligence (AI) juggernaut Nvidia 's (NASDAQ: NVDA) report for its fiscal 2025 third quarter. The company's current role in the tech world is so central that its report -- good or bad -- will have a sizable impact across the market. Some key questions loom and investors are eager to see if the numbers will match the hype.

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Aliph Capital appoints private capital veteran as Managing Director

Private Equity Wire

Aliph Capital (Aliph), the GCC’s first female-founded private equity fund manager which focuses on mid-market investment opportunities, has appointed private capital veteran Gaurav Wadhwa as a Managing Director. Wadhwa joins Aliph’s growing team of experienced private equity leaders, led by Founder and CEO Huda Al-Lawati. The Company is an ADGM domiciled alternative investment manager, which, according to a press statement, “employs an active approach focused on value creation and digital

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The Best High-Yield Dividend ETF to Invest $1,000 in Right Now

The Motley Fool

The Schwab US Dividend Equity ETF (NYSEMKT: SCHD) is a highly popular exchange traded fund (ETF) that has attracted around $63 billion in assets. One reason for that is the yield, which at 3.4% is nearly three times larger than the 1.2% you could collect from an S&P 500 index ETF. But there's much more to the story than just yield that makes the Schwab US Dividend Equity ETF a great place to invest $1,000 or more today.

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JP Morgan opens up PE strategy to Canadian accredited investors through iCapital tie-up

AltAssets

JP Morgan Asset Management is expanding access to its private markets strategy to Canadian accredited investors through a tie-up with iCapital Network Canada. The post JP Morgan opens up PE strategy to Canadian accredited investors through iCapital tie-up appeared first on AltAssets Private Equity News.

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Could This Promising Cryptocurrency Be a Millionaire Maker?

The Motley Fool

Year to date, Sui (CRYPTO: SUI) is up almost 300%, and now ranks among the top 15 cryptocurrencies in terms of market cap.Although it has attracted enormous attention from crypto insiders, it's still under the radar of most investors. And that presents an interesting opportunity, because Sui is the sort of promising young cryptocurrency that has real potential to become a millionaire maker.

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Just Eat Takeaway sells Grubhub at steep loss

Financial Times M&A

Amsterdam-based food delivery giant offloads unit to Wonder for $650mn after buying it for $7.

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Stratasys (SSYS) Q3 2024 Earnings Call Transcript

The Motley Fool

Image source: The Motley Fool. Stratasys (NASDAQ: SSYS) Q3 2024 Earnings Call Nov 13, 2024 , 8:30 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Greetings, and welcome to the Stratasys Q3 2024 earnings conference call and webcast. [Operator instructions] As a reminder, this conference is being recorded.

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Lunar Outpost Raises Series A Funding

FinSMEs

Lunar Outpost, a Golden, CO-based lunar surface mobility company, raised an undisclosed amount in Series A funding. The round was co-led by Type One Ventures and Industrious Ventures. Promus Ventures also participated. The company intends to use the funds to support its active programs, including its work with NASA’s Lunar Terrain Vehicle Services (LTVS) contract, the Australian Government to progress the […] The post Lunar Outpost Raises Series A Funding appeared first on FinSMEs.

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Cathie Wood Is Selling Tesla and Buying This "Magnificent Seven" Stock Instead

The Motley Fool

Over the last several years, Cathie Wood of Ark Invest has emerged as one of Wall Street's most intriguing personalities. Most portfolio managers emphasize concepts found in textbooks such as valuation multiples or intrinsic value. Wood is different. Ark Invest offers investors access to a host of exchange-traded funds (ETFs), the majority of which are comprised of emerging technology businesses.

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Navigating Inherited IRA Rules – Part 1, Ep #228

Financial Symmetry

An inherited IRA is essentially an IRA received by a beneficiary after the original owner passes away. Whether it’s a spouse, child, or another loved one, the key characteristic of an inherited IRA is that it transitions ownership upon death. … Continued The post Navigating Inherited IRA Rules – Part 1, Ep #228 appeared first on Financial Symmetry, Inc.

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Intel Stock Investors are Looking Forward to 2026 as a Potential Breakout Year

The Motley Fool

The foundry business is ramping up after years of expansion, research, and development investments. *Stock prices used were the afternoon prices of Nov. 10, 2024. The video was published on Nov. 12, 2024. Don’t miss this second chance at a potentially lucrative opportunity Ever feel like you missed the boat in buying the most successful stocks? Then you’ll want to hear this.

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At The Money Celebrates its First Anniversary

The Big Picture

Hard to believe a year ghas blown by that quickly, but it’s been that long (or short) since the first At the Money podcast dropped in 2023. With Masters in Business in its 10th year, the nice folks at Bloomberg asked if I had any ideas about any new shows. My initial response was, “Let me think about it.” I looked around to see what else was available and noticed a void.

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1 AI Stock May Be Worth More Than Apple, Microsoft, Amazon, and Tesla Combined by 2030, According to a Wall Street Analyst

The Motley Fool

Beth Kindig, technology analyst at the I/O Fund, thinks Nvidia (NASDAQ: NVDA) will ride the artificial intelligence (AI) boom to a $10 trillion valuation by 2030. Should that forecast prove correct, the semiconductor company would be worth more than what Apple , Microsoft , Amazon , and Tesla are currently worth combined. Kindig's prediction implies substantial upside for Nvidia shareholders.

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AI frenzy allows old school US telcos to dodge death

Financial Times M&A

Big Tech deals may have thrown a lifeline to regional telecoms company Lumen and its moribund peers

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Should You Buy Nvidia Stock Before Nov. 20?

The Motley Fool

Nvidia (NASDAQ: NVDA) is scheduled to report a critical financial update on Nov. 20, which could have enormous implications for stock market investors. *Stock prices used were the afternoon prices of Nov. 10, 2024. The video was published on Nov. 12, 2024. Should you invest $1,000 in Nvidia right now? Before you buy stock in Nvidia, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Nvidia wasn’t one of

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Robin AI Raises $25M in Funding

FinSMEs

Robin AI, a London, UK-based provider of legal AI for business, raised $25M in funding. The round was led by group of its customers and existing investors including Paypal Ventures, Willets (Michael Bloomberg’s family office) and Cambridge University. The company intends to use the funds to expand operations and its development efforts. Led by Richard […] The post Robin AI Raises $25M in Funding appeared first on FinSMEs.

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Does the Rejection of Top Marijuana Legalization Measures Doom the Pot Industry?

The Motley Fool

This past Election Day, all three recreational marijuana legalization ballot initiatives up for a vote failed to pass. That's quite a change from the success similar measures had in past election cycles. Investors sold out of North American weed stocks when the news hit. Clearly, many of them see a dark future ahead for such stocks. Could they be right?

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