Sat.Feb 10, 2024

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Planning to Work While Receiving Social Security? Here's a Must-Know

The Motley Fool

Social Security is a large part of the finances of tens of millions of retirees. Some depend on it for all or most of their retirement income, and some treat it as strictly supplemental income. Whatever the case, people have paid Social Security taxes for years, so it's well-earned. Regardless of the role Social Security benefits will have in your retirement finances, claiming benefits doesn't mean you have to quit working or earning money.

Financing 246
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10 Weekend Reads

The Big Picture

The weekend is here! Pour yourself a mug of coffee, grab a seat outside, and get ready for our longer-form weekend reads: • A Cycle of Misery: The Business of Building Commercial Aircraft : Making commercial aircraft (large jetliners purchased by commercial airlines) is in some ways like any other manufacturing industry. A company develops a product and tries to sell it for enough to cover the costs of developing and producing it.

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Warren Buffett's Occidental Petroleum Pick Suddenly Makes Even More Sense

The Motley Fool

Berkshire Hathaway 's (NYSE: BRK.A) (NYSE: BRK.B) 2022 re-entry into a position in oil giant Occidental Petroleum (NYSE: OXY) wasn't exactly expected. But investors didn't balk, either. Warren Buffett's owned plenty of energy stocks in the past, after all, and there's no denying the world remains dependent on crude oil. Buffett and his acolytes' decision to reopen an Occidental Petroleum trade -- and add to it in the meantime -- is looking increasingly brilliant.

Stakes 246
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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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4 Phenomenal Companies That Will Be Massive Winners, Regardless of Who Wins the Artificial Intelligence (AI) Arms Race

The Motley Fool

Investing in artificial intelligence (AI) can be overwhelming, as many companies benefit from this trend. Whether it's a company deploying AI to improve its business or one that makes AI software, there are a lot of opportunities. However, there are also hardware components of AI, and many of these companies will be winners regardless of what happens to individual companies.

Companies 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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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.

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Huntington Ingalls Plans to Buy Back $3.8 Billion of Its Shares. Should You Buy Too?

The Motley Fool

After a series of disconcerting earnings reports from defense majors Lockheed Martin , Northrop Grumman , and RTX Corporation in January, the Q4 earnings report from Huntington Ingalls (NYSE: HII) , released on Thursday last week, must have come as a relief. Q4 revenue at the military shipbuilder surged 13% year over year, hitting a new quarterly record of $3.2 billion -- and accelerating from, and nearly doubling, the company's full-year revenue growth rate of 7%.

Funds 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).

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1 Unstoppable Vanguard ETF That Turned $10,000 Into More Than $40,000 in the Last Decade

The Motley Fool

The S&P 500 gets most of the attention from the investment community, as it's the most widely followed market index. This gives investors a high-level view of how major U.S. stocks are performing. But there are other options out there that can provide more nuanced exposure and the potential for better returns. The Vanguard Growth ETF (NYSEMKT: VUG) is just one example.

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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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Where Will Microsoft Stock Be in 3 Years?

The Motley Fool

Microsoft (NASDAQ: MSFT) has rewarded investors handsomely in the past year with impressive gains of 55%. Even better, the tech giant's latest results indicate that it could sustain its impressive rally going forward. What's sparked this heightened investor enthusiasm? Microsoft has a solid growth driver in the form of artificial intelligence (AI) pushing it higher.

Investors 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.

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2 Reasons to Buy and Hold Ripple (XRP) With $10,000 Right Now, and 1 No-Brainer Reason to Avoid It

The Motley Fool

After a tumultuous 2022 that preceded a monster bounce-back year in 2023, it looks like cryptocurrencies are back in style among the investment community. The asset class's current market cap of over $1.6 trillion is about double its value at the end of 2022. While most of the attention goes to Bitcoin , primarily as a result of the recent approval of spot ETF products , there are some lesser-known digital assets performing well lately, too.

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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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3 Artificial Intelligence (AI) Stocks That Are Screaming Buys in February

The Motley Fool

Artificial intelligence (AI) stocks have overperformed the market since late 2022. As the technology is likely to change the life of the average consumer dramatically, investors have flocked to the stocks that seem to lead the charge, resulting in elevated valuations for many AI stocks. Nonetheless, the spotlight hasn't been equal. Knowing that, investors might want to consider these three stocks before the market becomes more aware of their AI prowess. 1.

Bidding 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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Here's Why British American Tobacco Stock Could Double

The Motley Fool

Shares of British American Tobacco (NYSE: BTI) are down about 33% since peaking in early 2022, and they're down nearly 60% from their all-time high. On the surface, this poor performance makes sense. While demand for tobacco products is strong in some geographic regions, tobacco usage in the U.S. is in a perpetual decline. The company expects global tobacco industry volumes to drop 3% this year, with the U.S. driving much of that decline.

Debt 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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3 AI Stocks That Wall Street Thinks Are Near Their Peaks

The Motley Fool

Investing in top artificial intelligence (AI) stocks has generally been very profitable for investors. But as these stocks rise in value, some have started to question whether their valuations are overpriced. Even if you're bullish on AI's long-term potential, the risk is that you may be paying too heavy of a premium on some of them. Three AI stocks that may be due for declines, according to Wall Street, are Palantir Technologies (NYSE: PLTR) , Meta Platforms (NASDAQ: META) , and Alphabet (NASDA

Assets 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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Visa: Buy, Sell, or Hold?

The Motley Fool

Unsurprisingly, a lot of attention these days goes to the "Magnificent Seven" stocks. They dominate market trends and are some of the most valuable enterprises on the face of the planet. And thanks to the artificial intelligence (AI) boom, many of these businesses are flying high. But investors shouldn't ignore areas of the stock market that get taken for granted.

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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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2 Growth Stocks to Buy Before They Soar 78% and 90%, According to Certain Wall Street Analysts

The Motley Fool

The S&P 500 increased 24% last year, and it has already advanced another 4% this year. Given all that growth, some stocks are likely trading at expensive valuations. But not all stocks. For instance, Wall Street analysts at Morgan Stanley and Jefferies Financial Group see sizeable buying opportunities in Snowflake (NYSE: SNOW) and Sea Limited (NYSE: SE).

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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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Prediction: Solana Will Reach $260 In 2025

The Motley Fool

In 2023, Solana (CRYPTO: SOL) was one of the best-performing cryptocurrencies, up more than 1,000% for the year at one point. While that performance might be impossible to top in 2024, there's reason to think that Solana still has plenty more upside from its current price of $100. In fact, Solana might now be on a trajectory to reclaim its all-time high of $260 by the end of 2025.

Financing 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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Better Artificial Intelligence (AI) Stock: Super Micro Computer vs. AMD

The Motley Fool

Artificial intelligence (AI) has turned out to be a solid catalyst for many stocks over the past year or so, which explains why shares of Super Micro Computer (NASDAQ: SMCI) and Advanced Micro Devices (NASDAQ: AMD) have shot up 607% and 101%, respectively, in the last 12 months. However, a closer look at the financial performances of these companies reveals big differences in the impact of AI on their businesses.

Prospects 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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Half of U.S. Renters Spend More Than 30% of Their Pay on Housing. Take These Steps if You're One of Them

The Motley Fool

Image source: Getty Images It's hardly a secret that housing is commonly the typical American's largest monthly expense. But with housing costs being elevated, a lot of people today are struggling financially. Data from the Joint Center for Housing Studies of Harvard University finds that half of U.S. renters were spending more than 30% of their income on housing as of 2022.

Funds 246
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ContourGlobal appoints Antonio Cammisecra as Chief Executive Officer

KKR

London, 5 February 2024 – ContourGlobal Ltd. (“ContourGlobal”), a developer, owner and operator of power generation assets around the world, today announces the appointment of Antonio Cammisecra as CEO, effective 2 February, 2024.

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Great News for Google Stock Investors!

The Motley Fool

Fool.com contributor Parkev Tatevosian discusses the catalysts that could propel Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) stock higher in the coming years. *Stock prices used were the afternoon prices of Feb. 8, 2024. The video was published on Feb. 10, 2024. Should you invest $1,000 in Alphabet right now? Before you buy stock in Alphabet, 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 Alphabet wasn’

Investors 246
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KKR & Co. Inc. Reports Fourth Quarter 2023 Results

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) today reported its fourth quarter 2023 results, which have been posted to the Investor Center section of KKR’s website at [link] This press release features multimedia. View the full release here: [link] A conference call to discuss KKR’s financial.

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Arm CEO Rene Haas Calls AI the "Most Profound Opportunity in Our Lifetimes." 1 Stock I'll Be Buying Hand Over Fist if He's Right.

The Motley Fool

There's no getting around the impact that artificial intelligence (AI) has had on the market trajectory over the past year or so. Some would even argue that the latest advances in AI helped spark the rally in 2023, lifting Wall Street from its bear market doldrums. Generative AI promises to unleash a wave of increased productivity, and stock market pundits are still debating how much it will ultimately be worth.

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