Sun.May 26, 2024

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Does Lam Research's $10 Billion Buyback Make Its Stock Worth Buying?

The Motley Fool

Lam Research (NASDAQ: LRCX) recently made two major announcements. First, it approved a 10-for-1 stock split , which should take place on Oct. 2. That will mark its third stock split following its 3-for-2 split in 1993 and 3-for-1 split in 2000. Second, Lam approved a $10 billion buyback plan with no termination date. CFO Doug Bettinger said the buyback would be consistent with its "plan to return 75% to 100% of free cash flow to stockholders" through dividends and buybacks.

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Abu Dhabi conglomerate embarks on flurry of mining deals

Financial Times M&A

Business owned by $240bn IHC broke into market last year with acquisition of a major Zambian copper mine

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Prediction: Bitcoin Will Reach $1 Million Because of This Little-Known Phenomenon

The Motley Fool

Day by day, Bitcoin 's (CRYPTO: BTC) unique characteristics, which make it unlike any other asset in the world, are becoming increasingly recognized and understood by investors. The recent approval of spot Bitcoin exchange-traded funds (ETFs) will amplify this understanding, as these ETFs simplify the process for investors to gain exposure to Bitcoin.

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How Latham & Watkins conquered the City of London

Financial Times M&A

US law firm is winning coveted mandates for blue-chip clients in Britain

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1 Small-Cap Artificial Intelligence (AI) Stock That Could Be a Monster Winner

The Motley Fool

Many investors seek small-cap stocks with the potential to dominate their niche, as their small size prevents them from being significantly owned by large firms. Additionally, because of their small size, investors will massively benefit if they see significant growth becasue they started from a small starting point. Combine small-cap potential with an explosive industry like artificial intelligence (AI), and you have a recipe for an investment that could be unbelievably profitable.

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MDRT ideas: Master connecting with prospects

Million Dollar Round Table (MDRT)

By Michael DePilla, MDRT In-Language Content Specialist How you communicate with prospects can make a difference in whether or not they become your clients. Try these ideas from MDRT members from around the world to better connect. Your legacy, your pick If you don’t have a will, the government is waiting to make one for you. I remind people that everything we have worked for all our lives will go to two of three places when we die: our family, our government or to charity.

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HoneyNaps Raises $11.6M in Series B Funding

FinSMEs

HoneyNaps, a Seoul, South Korea-based company which specializes in artificial intelligence (AI) sleep data analysis, raised $11.6M in funding. Backers included Korea Industrial Bank, Hi investment Partners and QUAD Investment Management. The company intends to use the funds to expand operations and its development efforts. HoneyNaps is a “Sleep-Tech” company that won FDA approval for its […] The post HoneyNaps Raises $11.6M in Series B Funding appeared first on FinSMEs.

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The AI Money Flow: Why You Can't Afford to Miss Stocks Like Nvidia and Snowflake

The Motley Fool

The artificial intelligence (AI) revolution is well underway. Kickstarted by OpenAI's ChatGPT introduction near the end of 2022, surging interest in generative AI and machine learning systems has rebalanced the stock market. Microsoft (NASDAQ: MSFT) and Nvidia (NASDAQ: NVDA) carry two of the three largest market caps these days, largely thanks to their direct involvement in OpenAI's generative AI innovation.

Education 246
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HTX Ventures Invests in Kelp DAO

FinSMEs

Kelp DAO, a provider of a re-pledge protocol based on EigenLayer, received an investment from HTX Ventures. The company has secured $9M in its latest round of strategic private sales. This funding will enable Kelp DAO to further develop its technology, expand its offerings, and refine its liquid restaking solutions. Led by Dheeraj Borra, Kelp DAO offers […] The post HTX Ventures Invests in Kelp DAO appeared first on FinSMEs.

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3 Reasons I Refuse to Spend Extra on a Business Class Ticket

The Motley Fool

Image source: Getty Images When my husband and I took a trip to Hawaii years back, we were initially tempted to upgrade our tickets to business class. After all, we were looking at a long flight, and we figured we'd be way more comfortable having the extra space. In the end, I talked my husband out of flying business class. And while he's traveled in business class many times over for work purposes, I've never taken a business class flight.

Taxes 246
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Eaton Acquires Exertherm

FinSMEs

Eaton (NYSE:ETN), a Dublin, Ireland-based intelligent power management company, acquired Exertherm, a Harpenden, UK-based-based provider of thermal monitoring solutions for electrical equipment. The amount of the deal was not disclosed. With the acquisition, Eaton will accelerate its expansion into continuous thermal monitoring, improving safety and reliability of critical electrical equipment in key markets like data […] The post Eaton Acquires Exertherm appeared first on FinSMEs.

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Could This "Magnificent Seven" Stock Become the First $10 Trillion Company by 2035?

The Motley Fool

Microsoft (NASDAQ: MSFT) hit a new all-time high on Tuesday in lockstep with a broader market rally. A few days earlier, during an event at the new Microsoft campus on May 20, the tech giant introduced a lineup of Windows personal computers (PCs) designed for artificial intelligence (AI). Dubbed Copilot + PC, the product offering includes Microsoft Surface and manufacturing partners Acer, ASUS, Dell Technologies , HP , Lenovo , and Samsung with prices starting at $999 and availability as early a

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10 Sunday Reads

The Big Picture

Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures: • Realtors Are in Crisis—and Home Buyers Could Be the Winners : A wave of lawsuits over fees paid to agents has put the giant trade association on the defense; ‘it got arrogant’ ( Wall Street Journal ) see also Powerful Realtor Group Agrees to Slash Commissions to Settle Lawsuits : The National Association of Realtors will pay $418 million in damages and will amend several rules that housing experts say wil

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Is It Too Late to Buy New York Community Bancorp Stock?

The Motley Fool

For most investors, New York Community Bancorp (NYSE: NYCB) is a stock that will be best avoided. The regional bank has had a rough year and that is reflected in the stock price, but it is well positioned for a turnaround, which may interest more aggressive investors. And since the stock trades some 70% below its 52-week highs, you aren't too late to buy it.

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SugarCRM Acquires sales-i

FinSMEs

SugarCRM, a San Francisco, CA-based provider of an intelligence-driven sales automation platform, acquired sales-i, a Solihull, England, UK-based provider of a revenue intelligence solution. The amount of the deal was not disclosed. With the acquisition, SugarCRM will improve business-to-business (B2B) sales performance by delivering AI-powered revenue intelligence that leverages the data of a business’s enterprise resource […] The post SugarCRM Acquires sales-i appeared first on Fin

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Surprise: You'll Never Guess the 20 Cheapest Cars to Own

The Motley Fool

Image source: Upsplash/The Motley Fool The past few years have seen skyrocketing prices for car insurance and many other products and services. But there's one big sign of hope on the horizon for shoppers: cars are getting cheaper in 2024. As of April 2024, according to Kelley Blue Book, new car prices were at their lowest levels in two years, and used car prices were down 4% from the previous year.

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LeadsOnline Acquires Nighthawk.Cloud

FinSMEs

LeadsOnline, a Plano, TX-based provider of data, technology, and intelligence tools for law enforcement agencies, acquired Nighthawk.Cloud, an Englewood, Colorado-based company which specializes in investigative data visualization and analysis. The amount of the deal was not disclosed. This combination brought Nighthawk’s analysis capabilities into the LeadsOnline suite of investigative solutions to enhance law enforcement’s ability […] The post LeadsOnline Acquires Nighthawk.Cloud appeare

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Got $1,000? Here Are 3 Magnificent High-Yield Dividend Stocks to Buy Right Now for a Potential Lifetime of Passive Income.

The Motley Fool

Investing in real estate is widely considered to be an excellent way to generate passive income. There are many ways to do it, even for those who don't have much money to start. One of the easiest is to invest in a real estate investment trust (REIT). These companies own income-producing real estate and pay a portion of that income to investors via dividends, making them extremely passive real estate investments.

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KKR & Co. Inc. Reports First Quarter 2024 Results

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) today reported its first quarter 2024 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 results.

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Meet Nvidia's Next Billion-Dollar Opportunity

The Motley Fool

Nvidia (NASDAQ: NVDA) has become the go-to destination for companies looking to build artificial intelligence (AI) programs. That's because the tech giant offers customers the basic element, the chip, to power the most crucial of AI tasks: the training and inferencing of large language models (LLMs), so those models then can go on to carry out complex tasks.

Returns 246
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Cotiviti Completes Recapitalization with KKR and Long-Standing Owner Veritas

KKR

SALT LAKE CITY--(BUSINESS WIRE)--Cotiviti, a leading healthcare data analytics and technology business, announced today the close of its business recapitalization with two premier firms, affiliates of its long-standing partner Veritas Capital (Veritas) and investment funds managed by KKR. KKR and Veritas are now co-sponsors with equal ownership stakes in Cotiviti.

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Cathie Wood Goes Bargain Hunting: 1 Stock She Just Bought

The Motley Fool

Cathie Wood has developed a strong following among investors for anticipating digital trends that accelerated early in the pandemic. The Ark Invest chief often takes a contrarian position on stocks, and the exchange-traded funds (ETFs) she manages tend to focus on companies that are creating and spreading disruptive technology. She has been a fan of e-commerce platform operator Shopify (NYSE: SHOP) for a long time, but over the past year, she has been cutting her ETFs' stakes in it.

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KKR to Acquire Healthium from Apax Funds

KKR

MUMBAI, India--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced the signing of definitive agreements under which funds managed by KKR will acquire Healthium Medtech Ltd. (“Healthium”), a leading Indian medical devices company, from an affiliate of Funds advised by Apax Partners LLP (“Apax”), a leading global private equity advisory firm.

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Forget Nvidia, Buy This Magnificent Healthcare Stock Instead

The Motley Fool

Nvidia (NASDAQ: NVDA) has been a great stock to own, and it could remain that way for long-term investors. However, the problem is that it's trading at nearly 40 times its future profits. At such a high valuation, it sets a high bar for the business and effectively prices in a lot of future growth already. It could make it difficult for the stock to continue to generate high returns.

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Healthcare Realty Trust Announces Strategic Joint Venture With KKR

KKR

NASHVILLE, Tenn., May 06, 2024 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE:HR) today announced that it has entered into a strategic joint venture (JV) relationship with KKR to jointly own and invest in quality medical outpatient buildings. Healthcare Realty expects to receive approximately $300 million in proceeds for the contribution of a seed portfolio to the JV and will partner with KKR to explore additional acquisitions, including the potential contribution of more Healthc

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Massive News for Boeing Stock Investors

The Motley Fool

Fool.com contributor Parkev Tatevosian evaluates the latest comments from Boeing (NYSE: BA) management. *Stock prices used were the afternoon prices of May 23, 2024. The video was published on May 25, 2024. Should you invest $1,000 in Boeing right now? Before you buy stock in Boeing, 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 Boeing wasn’t one of them.

Investors 246
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KKR and Marriott International to Launch Midscale Hospitality Segment in Japan with Four Points Express by Sheraton

KKR

Conversion of 14 hotels marks Marriott International’s debut of affordable midscale segment in Asia Pacific TOKYO--(BUSINESS WIRE)-- KKR, a leading global investment firm, and Marriott International, Inc.

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3 Sam's Club Membership Perks That Costco Doesn't Have

The Motley Fool

Image source: Getty Images Many shoppers rave about the deals they score at warehouse clubs. Investing in a Sam's Club or Costco membership could help you keep your spending in check while you stock up on groceries and everyday household goods. But if you're not yet a member of either club, you may be trying to decide which retailer is the better fit for you.

Finance 246
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KKR Acquires Nashville Logistics Property

KKR

NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that KKR has acquired a two-building Class A logistics property in the Nashville Airport submarket. Terms of the transaction were not disclosed. The two-building logistics property is strategically located adjacent to Nashville International Airport, with direct access to downtown Nashville and immediate.

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Want to Invest in Rental Properties, but Don't Have $100,000? Here's How to Start Collecting Passive Income from Real Estate for Less Than $100.

The Motley Fool

Investing in rental properties is one of the many ways to generate passive income. However, like everything else, this investment strategy has its benefits and drawbacks. A big negative is the large up-front investment needed to purchase a property and make it ready to rent. With the average home price in the country approaching $500,000, it can cost more than $100,000 to purchase a rental property when factoring in closing costs, down payment, repairs, and marketing costs.

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KKR to Present at the Bernstein 40th Annual Strategic Decisions Conference 2024

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) announced today that Joseph Y. Bae, Co-Chief Executive Officer, will present at the Bernstein 40th Annual Strategic Decisions Conference 2024 on Wednesday, May 29, 2024 at 3:30 PM ET. A live webcast of the presentation will be available on the Investor Center section of KKR’s website at [link] For those.

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Top 5 Little-Known Reasons Why Customers Buy From Small Businesses

The Motley Fool

Image source: The Motley Fool/Upsplash As a small business owner, you should spend lots of time thinking about your customers: who they are, what they need, and why they buy from you. Building stronger, deeper, more loyal customer relationships is the best way for small businesses to find a profitable niche and stay ahead of competition from big box retailers and corporations.

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KKR Provides $300 Million Corporate Credit Facility to Origis Energy

KKR

NEW YORK & MIAMI--(BUSINESS WIRE)-- KKR, a leading global investment firm and Origis Energy (“Origis”), a leading renewable energy and decarbonization solution platform, today announced that vehicles and accounts managed by KKR’s insurance business have provided a $300 million corporate financing facility to Origis. Proceeds from the facility will support the continued development and.

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Want to Be a Roth IRA Millionaire? 3 Tips All Retirees Should Know.

The Motley Fool

A Roth IRA can be an incredibly powerful tool for your retirement. Key benefits it can bring you include: Once in your Roth IRA, your money can grow tax free for the rest of your life. After you've reached age 59 and a half and have had your Roth IRA funded for at least five years, any withdrawals you make from your Roth IRA are completely tax free.

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