Tue.Nov 19, 2024

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Health Savings Accounts Are Even More Valuable for Women. Here's Why.

The Motley Fool

Image source: Getty Images The gender pay gap is an unfair fact of life in America's workplace, and getting paid less than men causes far-reaching consequences in many women's lives. When women get paid less, they have less money to invest for retirement or spend on everyday necessities. Lower-paid women might even miss out on lifesaving healthcare.

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Wynnchurch Sees the Light with Buy of Principal Industries

Private Equity Professional

Wynnchurch Capital has acquired Principal Industries , a provider of LED components and engineered assemblies. Principal Industries designs and manufactures LED products for signage and architectural branding illumination. The company’s product lineup includes LED modules, linear and edge lighting, power modules, drivers and controls, and custom-engineered assemblies for complex branding and lighting applications.

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Nvidia Stock Investors Got Great News From Elon Musk

The Motley Fool

Elon Musk's start-up could be spending $6 billion on Nvidia (NASDAQ: NVDA) technology. *Stock prices used were the afternoon prices of Nov. 14, 2024. The video was published on Nov. 16, 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.

Investors 246
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New Heritage Exits Midwest Corporate Foodservice Giant

Private Equity Professional

New Heritage Capital has finalized the sale of Continental Services , a Detroit-based corporate foodservice provider, to Morgan Street Holdings. New Heritage Capital acquired Continental Services in February 2017. Continental Services is one of the largest corporate foodservice providers in the Midwest and one of the largest Compass Group franchisees.

Capital 130
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Billionaire Stanley Druckenmiller Just Sold All of His Nvidia Shares and Bought This Rapidly Growing Artificial Intelligence Stock-Split Stock

The Motley Fool

Stanley Druckenmiller wowed investors year after year with his winning streak at the helm of Duquesne Capital Management. There, he scored an average annual return of 30% over 30 years -- and didn't post a single year of money losses. This top investor closed the fund in 2010 but has since continued investing through the Duquesne Family Office -- and one of his favored stocks in recent times has been artificial intelligence (AI) giant Nvidia (NASDAQ: NVDA).

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Artemis Expands Industrial Tech Holdings with Diamond Buy

Private Equity Professional

Artemis Capital Partners has acquired Diamond Antenna and Microwave Corporation (Diamond), a designer and manufacturer of radio frequency and electromechanical products. Diamond specializes in highly engineered rotary joints and rotating subsystems that facilitate the transfer of signals, power, and data between spinning and non-spinning machine components.

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Why Rocket Lab Stock Keeps Going Up

The Motley Fool

Continuing its recovery from last Thursday's sudden sell-off, Rocket Lab (NASDAQ: RKLB) stock rose for a third straight day in early Tuesday trading, tacking on 4.1% through 10:10 a.m. ET. You can thank CEO Sir Peter Beck for that. A well-timed Twitter post Late last night (our time -- I think it was a morning post in New Zealand ), the Rocket Lab CEO posted on X the observation that he's really happy that his company is now mass producing and shipping satellite parts (known as "reaction wheels"

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Got $5,000? These 5 High-Yield Dividend Stocks Could Turn It Into More than $330 of Annual Passive Income.

The Motley Fool

Soaring stock prices over the past year have driven down dividend yields. The S&P 500 (SNPINDEX: ^GSPC) currently yields 1.2%, its lowest level in 20 years. However, income-seeking investors still have some attractive options. For example, the following five high-yield dividend stocks could turn a $5,000 investment into more than $330 of annual passive income: Dividend Stock Investment Current Yield Annual Dividend Income Clearway Energy (NYSE: CWEN) (NYSE: CWEN.A) $1,000.00 6.13% $61.30 Ent

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Rapid Evolution: How the Growth of Strategic Capital is Fueling a New Approach to Value Creation

Private Equity Professional

rivate equity general partners (GPs) are incredibly busy, although M&A volume might suggest sponsors aren’t as active as they were in 2021 and 2022. Their focus, however, has been on efforts to accelerate and enhance value creation within their existing portfolios. The data bears this out. For one, the median hold period at exit continues to stretch longer, according to Pitchbook, and exceeded seven years based on exits completed in 2023.

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Why QuantumScape Stock Jumped Higher Today

The Motley Fool

QuantumScape (NYSE: QS) is working to revolutionize electric-vehicle (EV) battery technology. If its solid-state solution can be proven successful and able to be produced at scale, it could lead to a surge of interest in consumer EV demand. One Wall Street firm is acknowledging the company's progress and has raised its view of the stock. That led QuantumScape shares to surge today by as much as nearly 6%.

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OneChronos Raises $32M in Funding

FinSMEs

OneChronos, a NYC-based technology company leveraging advances in auction theory and computer science to optimize financial markets, raised $32M in funding. The round was led by Addition. The company intends to use the funds to accelerate its growth in existing markets and expansion into new ones. Led by CEO Kelly Littlepage, OneChronos applies combinatorial auctions […] The post OneChronos Raises $32M in Funding appeared first on FinSMEs.

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Lockheed Martin Just Lost a Multibillion-Dollar Deal -- but All Hope Is Not Lost

The Motley Fool

Do not say you were not warned. In June, I highlighted a change in the Pentagon's plans for its Space Based Infrared System (SBIRS) -- a set of massive five-ton early warning missile detection satellites circling the Earth in polar and geostationary orbits -- as posing a risk to the space businesses of both Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC).

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Ecore Secures Strategic Investment from General Atlantic’s BeyondNetZero Fund

FinSMEs

Ecore, a Lancaster, PA-based company which transforms reclaimed rubber materials into high-performance products that drive sustainability and reduce environmental impact, received a strategic investment from General Atlantic’s BeyondNetZero Fund. The amount of the deal was not disclosed. The company intends to use the funds to support continued organic and inorganic growth initiatives, strengthen core operational […] The post Ecore Secures Strategic Investment from General Atlantic’s

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Billionaire Michael Saylor's Company Just Bought This Popular Cryptocurrency

The Motley Fool

Bitcoin 's (CRYPTO: BTC) price has more than doubled this year and is currently hovering near its all-time high. Some investors might be wary of chasing that rally, but one of Bitcoin's biggest bulls -- MicroStrategy 's (NASDAQ: MSTR) billionaire Executive Chairman Michael Saylor -- isn't backing down. Under Saylor's direction, MicroStrategy bought its first $250 million of Bitcoin in 2020.

Companies 246
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Levanta Raises $20M in Series A Funding

FinSMEs

Levanta, a Seattle, WA-based provider of an affiliate marketing platform for Amazon sellers, raised $20M in Series A funding. The round was led by Volition Capital. The company intends to use the funds to: Co-founded by Ian Brodie (CEO), Rob Schab (Chief Marketplace Officer), and Spencer McKenney (Chief Technology Officer), Levanta is a provider of an affiliate marketing platform for […] The post Levanta Raises $20M in Series A Funding appeared first on FinSMEs.

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Where Will AbbVie Be in 5 Years?

The Motley Fool

Most pharmaceutical businesses are slow-moving by nature due to the lengthy amount of time it takes to develop a new medicine, and AbbVie (NYSE: ABBV) is no exception. Nonetheless, the next five years will likely see it growing faster than the last five years, and shareholders are apt to benefit. Here's where this company will be going, and where it's probably going to end up.

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minu Raises $30M in Series B Funding

FinSMEs

minu, a Mexico City, Mexico-based employee wellness platform provider, raised $30M in Series B funding. The round was led by Next Billion Capital Partners, Flourish Ventures, Promotora Impact Ventures, Endeavor Catalyst, Clocktower Technologies and Working Capital Fund. Existing investors QED Investors, FinTech Collective, Redwood Ventures, Salkantay and Nazca participatedin the round.

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Palantir Stock Is Up 250% in 2024 and May Be Headed to the Nasdaq-100. History Says This Could Happen Next.

The Motley Fool

Shares of Palantir Technologies (NYSE: PLTR) have advanced more than 250% year to date due to strong financial results. This was driven by strong demand for its artificial intelligence (AI) platform and excitement surrounding the company's addition to the S&P 500. Last week, Palantir announced plans to remove itself from the New York Stock Exchange and relist on the Nasdaq exchange, effective Nov. 26.

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PeLocal Raises $2M in Seed Funding

FinSMEs

PeLocal, a Mumbai, India-based payment solutions provider within Whatsapp, raised $2M in Seed funding. The round was led by Unicorn India Ventures. The company intends to use the funds to expand and enhance the platform and accelerate go-to-market strategies for rolling out large-scale projects. Founded in 2021 by CEO Vivekanand Tripathi, PeLocal empowers secure, end […] The post PeLocal Raises $2M in Seed Funding appeared first on FinSMEs.

Funds 104
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Think GE Aerospace Is Expensive? This Chart Might Change Your Mind.

The Motley Fool

GE Aerospace (NYSE: GE) trades at 33.6 times Wall Street estimates for 2025 earnings. That valuation might seem excessive, but it's crucial to note GE delivers an essential product (commercial airplane engines are its most important revenue generator) in a business with incredibly high barriers to entry, and GE is the leading player in it. Here's why the stock deserves a premium rating.

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MainePERS makes $200m alternatives commitment

Private Equity Wire

The Maine Public Employees Retirement System (MainePERS), based in Augusta, has approved two alternative investment commitments totalling up to $200m, according to a report by Pensions & Investments Online citing James Bennett, the Chief Investment Officer of the $20.2bn pension fund. At its meeting on 14 November, the MainePERS board greenlit two commitments, pending final due diligence, legal review, and negotiations: an allocation of up to $100m to the Garda Fixed Income Relative Value Op

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Every Nvidia Investor Should Keep an Eye on This Number

The Motley Fool

It's no secret that Nvidia (NASDAQ: NVDA) has surged during the ongoing artificial intelligence (AI) boom, which has customers clamoring for the company's graphics processing units (GPUs). That has led to soaring revenue in Nvidia's data center segment. In its fiscal 2025 second quarter, ended July 28, total revenue more than doubled year over year to $30 billion, and 88% of those sales came from its data center group.

Investors 246
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Baird hires new Director on global private equity team

Private Equity Wire

Baird Capital, the global private equity and venture capital arm of Baird, has appointed Daina Spedding as a Director with the firm’s Global Private Equity team based in London to focus on sourcing and driving PE investments globally. Spedding joins Baird Capital from BGF, where she was an investor and has been leading deal teams since 2019. In this role, she was responsible for deal sourcing and execution, coaching and mentoring more junior investors, alongside board roles in the investee

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Billionaire Israel Englander Dumped 90% of Millennium's Stake in Palantir in Favor of This Hypergrowth Electric-Vehicle (EV) Stock

The Motley Fool

Two of the most-important data releases of the fourth quarter occurred last week. While most investors were laser-focused on the October inflation report on Nov. 13, the deadline for institutional investors to file Form 13F on Nov. 14 was just as important. Following the end to every quarter, institutional investors with at least $100 million in assets under management (AUM) are required to file a 13F with the Securities and Exchange Commission.

Stakes 246
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Nordic Capital to acquire IP management solutions provider Anaqua from Astorg

Private Equity Wire

Nordic Capital, a private equity firm focused on investments in the healthcare, tech and payments, and financial services sectors, has entered into exclusive negotiations regarding the acquisition of Anaqua from private investment firm Astorg. Founded in 2004, Anaqua, is a provider of intellectual property (IP) management technology solutions serving brands and law firms around the world, including Nvidia, Honda, and IBM.

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Prediction: Nvidia Will Be the World's First $4 Trillion Company

The Motley Fool

As measured by market capitalization , there has never been a company worth $4 trillion, but Nvidia (NASDAQ: NVDA) is starting to close in. At the time of this writing, Nvidia was worth around $3.6 trillion. At that size, it only has to rise in value another 11% before it crosses this threshold. This is significant because second-place Apple (NASDAQ: AAPL) , which needs to rise 16% in value to beat Nvidia to the mark, was the first company to cross the $1 trillion, $2 trillion, and $3 trillion m

Companies 245
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Bain Capital brings second vintage of special situations vehicles to $9bn with new global fund close

AltAssets

Bain Capital has raised $5.7bn for its second global special situations fund, cementing its position as one of the biggest players in the strategy worldwide. The post Bain Capital brings second vintage of special situations vehicles to $9bn with new global fund close appeared first on AltAssets Private Equity News.

Capital 82
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The Best Stocks to Invest $1,000 In Right Now

The Motley Fool

Technology stocks, especially those with a key role in the hot growth area of artificial intelligence (AI), have led gains in today's bull market. The S&P 500 is heading for a 24% increase this year after rising in the double digits last year thanks to the momentum of these players. Investors have piled into these stocks as a way to get in early on a market that's set to soar throughout the decade -- today's $200 billion AI market is forecast to reach $1 trillion by 2030.

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Blackstone closing in on $8bn deal for Jersey Mike’s Subs

Private Equity Wire

Private equity giant Blackstone (NYSE: BX) is close to agreeing to the acquisition of Jersey Mike’s Subs in a deal that values the popular US sandwich chain at approximately $8bn, including debt, according to a report by the Wall Street Journal. The report cites an unnamed source familiar with the matter as revealing that an announcement could come as soon as this week.

Debt 66
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Which Costco Membership Should You Get in 2025?

The Motley Fool

Image source: Getty Images Costco offers two tiers of membership to choose from. You could pay $65 a year for a basic Gold Star membership, or upgrade to an Executive membership for $130 a year. The Executive membership gives you the benefit of 2% cash back on your purchases in exchange for the higher price. But it's important to make sure you intend to use your membership often enough to recoup the $65 upgrade fee at the very least.

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Ex-KCPB, GE Ventures execs raise $45m for debut Initiate Ventures fund

AltAssets

Initiate Ventures has closed its debut fund on $45m, aiming to co-found and invest in transformative companies at the intersection of healthcare, life sciences and technology. The post Ex-KCPB, GE Ventures execs raise $45m for debut Initiate Ventures fund appeared first on AltAssets Private Equity News.

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Medicare Open Enrollment Is Winding Down: 3 Moves to Make Before Dec. 7

The Motley Fool

The Medicare plan you sign up for each year will determine what benefits you're entitled to and what sort of costs you'll be looking at. And right now, you have an opportunity to put a new Medicare plan in place for 2025 during the program's fall open enrollment period. Although Medicare open enrollment kicked off more than a month ago, there are still a few weeks left to make changes to your coverage for 2025.

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Ardian sells stake in motorway operator Trados to Abertis

Private Equity Wire

Private investment house Ardian has sold its 49% stake in Autopista Trados 45 (Trados) to Abertis, an international motorway operator headquartered in Spain. Abertis was already the majority shareholder in Trados. Trados is a holding company which oversees investment in a 14.5km stretch of the M45 Madrid ring-road in Spain, which is managed through a concession agreement with the Autonomous Community of Madrid granted in 2019 and valid until 2029.

Stakes 76
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Why Is Plug Power Stock Crashing, and Is It a Buying Opportunity?

The Motley Fool

Plug Power 's (NASDAQ: PLUG) losses on the bottom line are mounting with headwinds persisting. *Stock prices used were the afternoon prices of Nov. 16, 2024. The video was published on Nov. 18, 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.

Returns 243
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ThoroughCare Raises $5M in Series A Funding

FinSMEs

ThoroughCare, a Pittsburgh, PA-based company which specializes in care coordination solutions, raised $5M in Series A funding. The round was led by Empactful Capital. The company intends to use the funds to accelerate its continued focus on product development, strategic account management, and expansion into new markets. Founded in 2013, ThoroughCare provides digital care coordination […] The post ThoroughCare Raises $5M in Series A Funding appeared first on FinSMEs.

Funds 69
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16 Things the U.S. Can Do to Fix Social Security

The Motley Fool

Social Security isn't exactly on the most secure financial footing, with the latest estimates calling for the program to deplete its reserves within a decade. However, the program can certainly be fixed, and in this video, Certified Financial Planner® Matt Frankel discusses 16 different strategies the U.S. could use to help ensure Social Security's survival.

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CVC Secondary Partners leads $500m continuation fund for Rubicon Technology Partners portfolio business Cin7

AltAssets

Rubicon Technology Partners has raised a $500m single-asset continuation fund to extend its investment in cloud-based inventory management software company Cin7. The post CVC Secondary Partners leads $500m continuation fund for Rubicon Technology Partners portfolio business Cin7 appeared first on AltAssets Private Equity News.