Sat.Feb 03, 2024

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7 Can't-Miss Game-Day Essentials from Costco

The Motley Fool

Image source: Getty Images If you're a dedicated football fan -- and even if you're not -- celebrating the big game can be a big deal. That doesn't mean it has to be a big expense , however. And that's especially true if you're a Costco member. Costco always has great deals on everyday essentials, which is what makes it such a great personal finance choice any time of year.

Financing 264
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10 Weekend Reads

The Big Picture

The weekend is here! Pour yourself a mug of coffee, grab a seat by the fire, and get ready for our longer-form weekend reads: • So, you want to buy a sports team? Here’s how : Thinking about joining the likes of Ryan Reynolds, David Beckham, and (probably) Jeff Bezos in the mad scramble to land your own club? It’s suddenly the hottest pastime of the global super-rich – here’s how the game is played. ( GQ ) • Why Tim Cook Is Going All In on the Apple Vision Pro : Inside Apple Park, t

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3 Reasons to Buy DraftKings Stock Like There's No Tomorrow

The Motley Fool

Sports betting stock DraftKings (NASDAQ: DKNG) has been red-hot of late. Shares are up to the tune of 140% for the past 12 months after its wagering app was made available in several new U.S. states. Indeed, the rally's been so strong that some interested investors may be wary of stepping into a new DraftKings position now. Don't be. While this stock is apt to remain volatile in the foreseeable future, the bulk of that volatility is likely to remain bullish.

Legal 246
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KKR to Acquire Remaining 37% of Global Atlantic for $2.7 Billion in All-Cash Transaction

KKR

Closer Coordination and Alignment Expected to Further Accelerate Growth of Both KKR and Global Atlantic KKR Announces Other Strategic Initiatives to Benefit Shareholders KKR and Global Atlantic to Host a Conference Call at 10:00 a.m. EST NEW YORK & HAMILTON, Bermuda--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) and Global Atlantic Financial Group LLC (“Global Atlantic” or “GA”) today announced.

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Tips for Real Estate Investors

The Motley Fool

Dave Meyer is the VP of growth and analytics at BiggerPockets and the author of Start with Strategy: Craft Your Personal Real Estate Portfolio for Lasting Financial Freedom. Motley Fool host Deidre Woollard caught up with Meyer to discuss: Creating a vision for your investing plan. "The HGTV disease." Risk mitigation strategies for real estate investors.

Investors 246
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KKR, Hologic and Ajax Health Create New Platform to Accelerate Medical Device Innovation

KKR

Platform Will Focus on Technologies to Detect Lung Cancer, the Leading Cause of Cancer Deaths NEW YORK & MARLBOROUGH, Mass.--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced a new platform established with investments from KKR and Hologic, Inc. (Nasdaq: HOLX), a global leader in women’s health and medical technology innovator.

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KKR Expands DACH Presence With New Office In Zurich

KKR

Zurich, 7 December 2023 – KKR, a leading global investment firm, today announced the opening of a new office in Zurich, Switzerland, solidifying its presence in one of the world's most important institutional and wealth management centers. The KKR office opens with individuals representing KKR’s Global Client Solutions team and will also serve as a Swiss base for investment professionals covering the DACH region.

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Social Security: 2 Ways Washington Wants to Change Cost-of-Living Adjustments (COLAs)

The Motley Fool

Many retired Americans have struggled with rising prices in recent years. A survey by the Employee Benefit Research Institute found that 58% of retired workers worry they will have to make substantial spending cuts due to inflation. Naturally, rising prices have drawn attention to Social Security benefits, often the largest source of income in retirement.

Funds 246
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Ajax Health Establishes Cortex, a Comprehensive AFib Ablation Technology Company, with $90 Million Investment Led by KKR and Hellman & Friedman

KKR

MENLO PARK, Calif., Dec. 7, 2023 /PRNewswire/ -- Ajax Health announced today the formation and funding of Cortex, a medical technology company developing an integrated mapping and ablation solution suite for the treatment of atrial fibrillation (AFib), the most common heart rhythm disorder, affecting more than 30 million patients worldwide. Cortex has raised $90 million in funding commitments led by KKR and Hellman & Friedman (H&F) with participation by other investors including AI Life

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1 Super Semiconductor Stock (Besides Nvidia) to Buy Hand Over Fist in 2024

The Motley Fool

Nvidia (NASDAQ: NVDA) is the undisputed leader in artificial intelligence (AI) semiconductor hardware. Its H100 and upcoming H200 data-center graphics chips (GPUs) set the standard for processing AI workloads, giving the company a market share as high as 90% in 2023. But Advanced Micro Devices (NASDAQ: AMD) has emerged as a worthy competitor. Its new MI300 series of AI data center chips is now widely available, and some of the world's largest technology companies and leading AI developers are li

Returns 246
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KKR Appoints Dane E. Holmes as Chief Administrative Officer

KKR

NEW YORK--(BUSINESS WIRE)-- KKR today announced the appointment of Dane E. Holmes as Chief Administrative Officer (CAO), effective December 29, 2023. As CAO, he will join the firm’s leadership team and oversee and work with the existing leaders of a number of key functions, including KKR’s Human Capital, Communications, Marketing, Sustainability, and Citizenship teams.

Capital 40
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3 Bold Predictions for the Oil Market in 2024

The Motley Fool

Last year was a more challenging time for the oil patch than many expected. Crude oil prices cooled off from their war-driven spike in 2022. Lower oil prices weren't what most industry watchers expected when the year started. Last year's unexpected oil market shows just how hard it can be to predict what will happen next in the oil patch. However, that isn't going to stop a few Fool.com contributors from trying.

Bidding 246
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KKR Releases 2024 Global Macro Outlook

KKR

Henry McVey: Investors Should Approach Markets with a ‘Glass Half Full’ Lens NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today released its 2024 Global Macro Outlook by Henry McVey, CIO of KKR’s Balance Sheet and Head of Global Macro and Asset Allocation (GMAA).

Assets 40
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2 Stocks I'll Be Adding to My Retirement Account -- Even With the S&P 500 at an All-Time High

The Motley Fool

After the S&P 500 (SNPINDEX: ^GSPC) fell by over 19% in 2022, the stock market's most popular index has been on an impressive run since the beginning of 2023. It finished 2023 up by over 24%, and the momentum in 2024 has it at an all-time high. The S&P 500's performance has been great news, but it can also cause some investors to question if now's the right time to enter the market or add to their holdings.

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KKR acquires $7.2 Billion Portfolio of Prime Recreational Vehicle Loans

KKR

NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that funds and accounts managed by its credit business have led the purchase of a $7.2 billion portfolio of super-prime recreational vehicle (RV) loans from BMO Bank National Association, part of BMO Financial Group (“BMO”). Concurrently with the sale, BMO purchased approximately $6.4 billion of senior notes.

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Which Pot Stock Will Climb in 2024: Green Thumb Industries vs. Aurora Cannabis

The Motley Fool

Green Thumb Industries (OTC: GTBIF) and Aurora Cannabis (NASDAQ: ACB) are both popular cannabis stocks, but they compete in different markets and face different sets of challenges, so it's very likely that one will be a better investment than the other this year. But don't take that to mean it's a toss-up as to which has a better chance at performing well.

Legal 246
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ETCHE SELLS THE GALLIC PORTFOLIO, CONSISTING OF FIVE ASSETS IN THE LYON REGION

KKR

Paris, 18 December 2023 - Etche, KKR’s logistics real asset platform in France, has sold a portfolio of five assets located in the Lyon region, with a total area of approximately 29,000 square meters.

Assets 40
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5 Things to Put on Your 'Don't Buy' List for 2024

The Motley Fool

Image source: Getty Images Many of us have things we spend money on that we know we really shouldn't. Then there are those things that we spend money on without even thinking about it at all. Having more awareness of your personal finances is a big part of keeping them healthy, so it's wise to take stock of both types of purchases. And the ones that are causing trouble?

Financing 246
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KKR Announces Intra-Quarter Monetization Activity Update for the Fourth Quarter

KKR

NEW YORK--(BUSINESS WIRE)-- KKR today announced a monetization activity update for the period from October 1, 2023 to December 21, 2023. Based on information available to us as of today, with respect to the period through December 21, 2023, KKR has earned total realized performance income, including realized incentive fees, and total realized investment income in excess of $500 million.

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Best Stock to Buy Right Now: Costco vs. Carnival

The Motley Fool

Prior to the pandemic, Costco (NASDAQ: COST) and Carnival (NYSE: CCL) were both considered resilient blue chip stocks for long-term investors. Costco's warehouse stores generated steady sales growth through economic downturns, and it locked in its shoppers with sticky subscription plans. Carnival, one of the world's largest cruise ship operators, also generated stable sales from a diverse range of travelers and easily bounced back from multiple recessions.

Debt 246
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KKR Completes Acquisition of Remaining 37% of Global Atlantic

KKR

NEW YORK & HAMILTON, Bermuda--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) and The Global Atlantic Financial Group LLC (together with its subsidiaries, “Global Atlantic”) today announced the closing of the previously-announced transaction in which KKR is acquiring the remaining 37% of Global Atlantic, increasing KKR’s ownership to 100%. This press release features multimedia.

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Uber Stock Has Skyrocketed 111% in the Last Year: Is It Time to Buy?

The Motley Fool

After the market tanked in 2022, last year brought renewed optimism from investors, and this resulted in strong recoveries for many of the stocks that suffered most during the bear market. One such business is Uber Technologies (NYSE: UBER). The ride-hailing and delivery platform has seen its shares skyrocket 111% in the last 12 months. This return not only far outpaced the broader Nasdaq Composite index , but it also means Uber is now hitting fresh all-time highs.

Prospects 246
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KKR Launches New Digital Global Education Platform for Financial Advisors and Individual Investors

KKR

Platform to help fill the knowledge gap around the alternatives landscape, which has long served as a barrier to private markets investing NEW YORK--(BUSINESS WIRE)-- Today, KKR, a leading global investment firm, unveiled “KKR Alternatives Unlocked,” a digital platform designed to empower financial advisors and their clients to better understand the alternatives investing landscape.

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2 (More) Artificial Intelligence (AI) Growth Stocks Set to Hurtle Past Apple Into the $3 Trillion Club, According to 1 Wall Street Analyst

The Motley Fool

It wasn't all that long ago that Apple seemed invincible. The iPhone maker was the first publicly traded company in the U.S. to surpass a $1 trillion market cap and has continued to check off succeeding benchmarks seemingly with ease: the first to sail past $2 trillion and $3 trillion, respectively. Over the past year or so, however, competition for the crown has stiffened, and Apple has traded places numerous times with Microsoft (NASDAQ: MSFT) , which currently holds the market cap crown, with

Stakes 246
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KKR & Co. Inc. to Announce Fourth Quarter 2023 Results

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) announced today that it plans to release its financial results for the fourth quarter 2023 on Tuesday, February 6, 2024, before the opening of trading on the New York Stock Exchange. A conference call to discuss KKR’s financial results will be held on Tuesday, February 6, 2024 at 10:00 a.m. ET.

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How Much Would My Mortgage Be on a $200,000 Home?

The Motley Fool

Image source: Getty Images Given the ever-changing mortgage interest rates, we thought it would be interesting to find out how much the monthly mortgage payment would be on a $200,000 home. The precise amount would depend on the buyer's down payment, how much they pay for homeowners insurance, and the rate of property tax they're responsible for. To make it a bit clearer, we've broken our calculations down into tables.

Taxes 246
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KKR acquires two Multi-Family blocks at Wembley Park from Quintain

KKR

London, 22 January 2024 – KKR, a leading global investment firm, today announces the acquisition of two high-quality, purpose Build-to-Rent (BtR) multi-family buildings from Quintain, the developer and asset manager behind Wembley Park, for an undisclosed sum.

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Is the Stock of Tinder's Parent Company in Trouble?

The Motley Fool

Most people -- if not everyone, at this point -- have heard of online dating. Hundreds of millions of folks around the world use smartphone apps like Tinder, Bumble , and Hinge to connect with potential romantic partners. It is a global phenomenon, with these apps routinely being some of the most popular every year on mobile app stores. In fact, for heterosexual relationships, it's estimated that roughly 40% now begin online, with that number steadily rising.

Companies 246
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KKR Provides Global Accounts Receivable Facility to Weber LLC

KKR

NEW YORK--(BUSINESS WIRE)-- KKR today announced that its private credit funds and accounts have provided a non-recourse accounts receivable financing for Weber LLC (“Weber”), the global leader in outdoor cooking products, innovation, and technology, to support the company’s operations and strategic investments in long-term growth. The initial $200 million facility is collateralized by certain.

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Where Will Alphabet Stock Be in 1 Year?

The Motley Fool

Alphabet 's (NASDAQ: GOOG) (NASDAQ: GOOGL) stock price dropped nearly 8% on Jan. 31 after the tech giant posted its fourth-quarter report. Its revenue rose 13% year over year to $86.31 billion, which exceeded analysts' estimates by $1.04 billion. Its adjusted EPS grew 56% to $1.64 and also cleared the consensus forecast by four cents a share. Those headline numbers looked healthy, but a lot of growth had already been priced into Alphabet's shares before the release of its earnings report.

Returns 246
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Optio Investment Partners, Kennedy Lewis Investment Management and KKR announce multi-year financing agreement

KKR

Stockholm and London, 23 January, 2024 – Optio Investment Partners (“Optio”), an innovative credit platform, Kennedy Lewis Investment Management (“Kennedy Lewis”), a leading alternative credit manager, and KKR, a leading global investment firm, today announced a multi-year, multi-jurisdiction agreement. Under this agreement, Kennedy Lewis and KKR will provide asset-based funding to support the Optio Auto Evolution strategy, driving next generation auto financing.

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Will Nvidia Be a $2 Trillion Company in 2024?

The Motley Fool

Right now, only two U.S. companies have market caps greater than $2 trillion, Microsoft and Apple. As of Jan. 31, Nvidia (NASDAQ: NVDA) is the fifth-largest U.S. company (sixth-largest globally) with a $1.5 trillion market cap. So, for Nvidia to reach a $2 trillion valuation in 2024, it would need to grow 33% from its current stock price. Is this out of the question?

Companies 246
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KKR Closes US$6.4 Billion Asia Pacific Infrastructure Investors II Fund

KKR

Fund is largest pan-regional infrastructure fund to have been raised for Asia Pacific More than half of the Fund already invested or committed across ~10 investments HONG KONG--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced the final close of KKR Asia Pacific Infrastructure Investors II SCSp (the “Fund”), a US$6.4 billion fund focused on infrastructure-related.

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Where Will Micron Technology Stock Be in 3 Years?

The Motley Fool

A $1,000 investment made in Micron Technology (NASDAQ: MU) stock three years ago is worth just $1,140 right now, as shares of the memory specialist have underperformed the broader semiconductor sector by a big margin. Micron's 14% jump during this period has been eclipsed by the impressive 58% gain clocked by the PHLX Semiconductor Sector index. That isn't surprising, given that the chipmaker has struggled on account of an oversupply in the memory market, which led to a decline in its revenue an