Sun.Aug 25, 2024

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Should You Buy Archer Aviation While It's Below $5?

The Motley Fool

Imagine a world where you can jump into a flying taxi and avoid the traffic gridlock below to reach your destination. Although this idea sounds like something out of science fiction, electric vertical takeoff and landing aircraft (eVTOL), also known as flying taxis, could be coming to a city near you. Flying taxis could change urban transportation as we know it, and Archer Aviation (NYSE: ACHR) is one company looking to make it a reality.

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Why People Don’t Save Enough For Retirement

A Wealth of Common Sense

Household net worth is at all-time highs. Housing prices are at all-time highs. The stock market is near all-time highs. But not everyone is feeling great about their finances. Here’s a look at average retirement balances by age along with the share of each cohort who feels like they’re on the right track for retirement: The good news is confidence tends to increase as you age.

Finance 142
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Immigration Is One of Social Security's Biggest Problems -- But Not for the Reason You Might Think

The Motley Fool

For most retirees, Social Security is more than just a program that delivers a check each month. This payout represents a vital source of income that's proved to be a necessity for our aging workforce. In each of the last 23 years, national pollster Gallup has surveyed retired Americans to gauge how reliant they are on the income they receive from Social Security.

Legal 246
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Top defence contractors set to rake in record cash after orders soar

Financial Times M&A

Industry could step up share buybacks as large M&A opportunities are limited, analysts say

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Why the Air Force Is Paying Boeing $2.6 Billion for Just 2 Airplanes

The Motley Fool

Boeing (NYSE: BA) might end up selling its defense unit -- but it's not out of the defense business yet. In a huge announcement that might give a clue to the company's future, the U.S. Air Force (USAF) confirmed last week that it has awarded Boeing $2.56 billion to build for it "two operationally representative prototype E-7A weapons systems." The contract was the single biggest award listed on the Department of Defense's daily contracts update Aug. 9 -- by a factor of four.

Returns 246
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Mining bosses issue M&A warning as forecasts of dealmaking boom mount

Financial Times M&A

Companies want commodities critical for clean energy such as copper that could drive deals

Companies 111

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Venture group G Squared raises $1bn to invest in discounted start-up shares

Financial Times M&A

Slowdown in public listings and takeovers means staff and investors are selling shares for cheap on secondary market

Investing 107
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1 Unstoppable Artificial Intelligence (AI) Stock Down 90% It's Time to Buy on the Dip

The Motley Fool

Upstart Holdings (NASDAQ: UPST) was a pandemic darling. Its stock came public in 2020 priced at $20, and it soared 20-fold to over $400 within just 10 months. Historically low interest rates drove a surge in demand for loans among consumers, which was great for the company's artificial intelligence (AI)-powered lending marketplace. Unfortunately, Upstart came unstuck when interest rates started to rise in 2022.

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7 tips for successful client events and seminars

Million Dollar Round Table (MDRT)

By Bryce Sanders With surprisingly little effort, there are many ways you can enhance your in-person seminars or speaking engagements. One of the advantages of training financial advisors for many years is people proudly share what has worked for them. Let us look at several of these ideas.

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Florida Residents Are Most Likely to Have Their Identity Stolen. See Where Your State Ranks

The Motley Fool

Image source: Getty Images Identity theft isn't just an inconvenience. It can be financially devastating and take years to fully recover. You could lose the money in your bank accounts , have difficulty applying for new credit, and you may even have creditors hounding you over unpaid bills you know nothing about. Identity thieves operate all over the world, but residents in some states are harder hit than others.

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CancerIQ Receives Revenue Based Financing From Decathlon Capital Partners

FinSMEs

CancerIQ, a Chicago, IL-based precision health platform that empowers healthcare providers to personalize cancer prevention and early detection for their patients, received a revenue based financing from Decathlon Capital Partners. The amount of the deal was not disclosed. The company intends to use the funds to invest in platform development, the introduction of new offerings, […] The post CancerIQ Receives Revenue Based Financing From Decathlon Capital Partners appeared first on FinSMEs.

Finance 69
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History Says This 7%-Yielding Stock Will Pay You a Bigger Dividend Next Year, Even If There's a Recession

The Motley Fool

There are growing concerns that the economy is barreling toward a recession. Higher interest rates are starting to impact economic growth, and many worry that if the Federal Reserve waits too long to cut rates, it could trigger a recession. While a recession could have a major impact on some companies, it likely won't affect Enbridge (NYSE: ENB) at all.

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Avionté Acquires AkkenCloud

FinSMEs

Avionté, a Bloomington, MN-based provider of enterprise staffing platforms acquired AkkenCloud, a Nashua, NH-based staffing software company. The amount of the deal was not disclosed. With the acquisition, Avionté will expand its offerings in the staffing software industry. AkkenCloud brings knowledge and understanding to Avionté’s platform, instrumental in designing a system that addresses the challenges […] The post Avionté Acquires AkkenCloud appeared first on FinSMEs.

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Prediction: This Will Be the Next Big Move for Ripple's XRP

The Motley Fool

XRP (CRYPTO: XRP) was supposed to skyrocket in value as soon as Ripple (the company behind the XRP token) resolved its long-running court battle with the SEC. But that simply hasn't happened. The news of a big Ripple win broke on Aug. 7, and since then, the price of XRP has increased from $0.50 to $0.60. ( Yawn. ) For the year, XRP is still down 2%.

Legal 246
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Botanical Solution Raises Additional $7.6M; Series A Extended to Over $23M

FinSMEs

Botanical Solution, a Santiago, Chile-based provider of a proprietary R&D platform for production of advanced botanical materials (ABM), raised additional $7.6M in funding. The round, which brought the total amount of Series A to $23M, saw participation from undisclosed investors. The company intends to use the funds to accelerate scalable commercial production of pharmaceutical grade […] The post Botanical Solution Raises Additional $7.6M; Series A Extended to Over $23M appeared first

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3 Surprising Facts About Getting Gas at Costco

The Motley Fool

Image source: Getty Images Costco is well-known for its cheap gas prices that help you keep more money in your bank account when you fill up your tank. But there's more to know about getting gas at the warehouse club beyond competitive prices. Here are three surprising things about Costco's gas stations that you may not be aware of that could help you make more informed choices each time you fuel up. 1.

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Vale Greg Bright, father of Australia’s financial trade press

Top 1000 Funds

Veteran journalist, publisher and entrepreneur Greg Bright has died aged 70. Bright was a founder of Conexus Financial, publisher of Investment Magazine, Professional Planner and Top1000funds.com. He also created and managed a range of other titles in a career spanning more than four decades.

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3 Ways for Medicare Enrollees to Save Big on Healthcare in Retirement

The Motley Fool

It's not exactly a secret that healthcare tends to be a huge expense for retirees. But as of 2023, Fidelity estimated that the average 65-year-old could expect to spend $157,500 on healthcare in retirement, even with Medicare coverage. Meanwhile, according to the Federal Reserve, the typical 65-year-old only has $200,000 in retirement savings. So, it's easy to see why healthcare in retirement has the potential to be such a huge burden.

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KKR and Teachers’ Venture Growth Lead US$140 Million Series E Round in Leading Japanese Cloud-Native Human Resources Software Platform SmartHR

KKR

TOKYO--(BUSINESS WIRE)-- KKR, a leading global investment firm, and Teachers’ Venture Growth (TVG), the late-stage venture and growth investment arm of Ontario Teachers’ Pension Plan, today announced the signing of definitive agreements under which KKR (on behalf of funds managed by it) and TVG will jointly lead a US$140 million (JPY 21.

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Generative AI Software Sales Could Soar 18,647% by 2032. 1 Unstoppable Artificial Intelligence (AI) Stock to Buy Before They Do

The Motley Fool

Most experts agree there's been a paradigm shift in technology thanks to the latest developments in artificial intelligence (AI). Recent advances in generative AI have paved the way for a multitude of new use cases, as these systems can generate original content, handle menial tasks, streamline time-consuming procedures, and automate processes -- all with a few simple keystrokes.

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KKR Acquires Controlling Stake in Baby Memorial Hospital, a Multi-Specialty Hospital Network in India

KKR

Transaction marks KKR’s latest investment in India’s healthcare sector Investment will support the build-out of a leading pan-India network of hospitals MUMBAI, India--(BUSINESS WIRE)-- KKR, a leading global investment firm, and Baby Memorial Hospital (‘BMH’), a leading regional multi-specialty hospital chain in India, today announced the signing of definitive agreements under which funds.

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These Prominent Billionaires Just Invested $700 Million in 2 Dow Jones Dividend Stocks

The Motley Fool

Bill Ackman of Pershing Square Holdings and Andreas Halvorsen of Viking Global Investors are two highly regarded billionaire-level investment managers. In the second quarter, their companies added new positions in two stocks that just happen to be members of the prestigious Dow Jones Industrial Average , an index that tracks 30 blue chip stocks. Ackman's firm reported a position worth $229 million in Nike (NYSE: NKE) , while Viking Global disclosed a $478 million investment in McDonald's (NYSE:

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Nasuni announces investment from Vista Equity Partners, KKR and TCV

KKR

BOSTON, July 9, 2024 /PRNewswire/ -- Nasuni, a leading enterprise data platform for modern hybrid cloud environments, today announced a strategic growth investment led by Vista Equity Partners, a global investment firm focused exclusively on enterprise software, data, and technology-enabled businesses.

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2 High-Yield Dividend ETFs to Buy to Generate Passive Income

The Motley Fool

There are simple and complex ways to generate income. If you buy exchange-traded funds (ETFs), you can hand off much of the work while still mixing simple and complex strategies as you look to build your income portfolio. On the "simple" side of the equation, a great option is Schwab U.S. Dividend Equity ETF (NYSEMKT: SCHD). On the "complex" side, you might consider covered-call writing Amplify CWP Enhanced Dividend Income ETF (NYSEMKT: DIVO).

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KKR & Co. Inc. to Announce Second Quarter 2024 Results

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) announced today that it plans to release its financial results for the second quarter 2024 on Wednesday, July 31, 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 Wednesday, July 31, 2024 at 10:00 a.m. ET.

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Mounjaro Scores Yet Another Win: Why Eli Lilly Is Still a Buy

The Motley Fool

To paraphrase a Shakespeare quote, bad news and misfortune tend to come in groups. But that may also apply to good news. Just ask Eli Lilly (NYSE: LLY) , a pharmaceutical company that has been flying on all cylinders. The drugmaker continues to impress investors with exceptional financial results, impressive regulatory wins, and exciting clinical progress.

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KKR and Palm Capital to Acquire Prime Last-Mile Logistics Asset in Denmark

KKR

Investment in freehold logistics asset with strong development potential and asset management initiatives in Greater Copenhagen STOCKHOLM--(BUSINESS WIRE)-- KKR, a leading global investment firm, and Palm Capital, the pan-European real estate private equity specialist today announced the acquisition of a prime last-mile logistics asset in Greater Copenhagen, Denmark, from Catena, the.

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This Is the Average Social Security Benefit for Age 65

The Motley Fool

Get ready -- in just 11 years, Social Security will be celebrating its 100th birthday! For now, we can celebrate that it has been around for 89 years, keeping millions of Americans out of poverty. Today, it supports more than 71 million Americans, with payments totaling nearly $1.5 trillion per year. You might wonder what the average benefit is for someone of an average retirement age.

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KKR Acquires Park 8Ninety, a 12 Building Class A Industrial Logistics Park in Houston, from Artis REIT

KKR

NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that KKR has completed the acquisition of Park 8Ninety, a 12 building industrial logistics park in Houston, Texas, from Artis Real Estate Investment Trust (“Artis REIT”) for approximately $234 million. The approximately 1.8 million square-foot (SF) master planned park was completed in phases between 2017 and.

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Should You Get on the Nvidia Stock Bandwagon? 3 Motley Fool Contributors Weigh In

The Motley Fool

Do you remember where you were during the great Nvidia (NASDAQ: NVDA) dip of 2024? Nvidia, arguably the flagship stock of the artificial intelligence (AI) market rally, was trading at all-time highs in mid-July. Then it quickly stumbled by 20% when markets briefly turned fearful in early August. Fast-forward a couple of weeks, and Nvidia is already trading back near its former highs.

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Carlyle and KKR Strategic Partnerships Agree to Acquire Approximately $10.1 Billion Prime Student Loan Portfolio from Discover Financial Services

KKR

NEW YORK--(BUSINESS WIRE)-- Global investment firms Carlyle (NASDAQ: CG) and KKR (NYSE: KKR) today announced that one or more strategic partnerships comprised of funds and accounts managed by Carlyle and KKR’s respective credit businesses have agreed to purchase an approximately $10.1 billion portfolio of prime student loans from Discover Financial Services (NYSE: DFS).

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1 Stock-Split ETF That Could Turn $500 Per Month Into $1 Million, With Nvidia's Help

The Motley Fool

BlackRock oversees more than $10 trillion in client money, making it the largest asset manager in the world. Around $3.3 trillion of that is parked in its iShares subsidiary, which operates over 1,400 exchange-traded funds (ETFs). The iShares Semiconductor ETF (NASDAQ: SOXX) is one of those funds, and it's generating significant returns for investors thanks to its large holdings in leading artificial intelligence (AI) chip stocks like Nvidia and Advanced Micro Devices.

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Trinseo Announces New Receivables Financing Facility from KKR

KKR

WAYNE, Pa. & NEW YORK--(BUSINESS WIRE)--Trinseo PLC (“Trinseo” or “the Company”)(NYSE: TSE), a specialty material solutions provider, today announced that a special purpose finance entity, Styron Receivables Funding Designated Activity Company, has entered into a $150 million non-recourse financing facility with credit funds and accounts managed by KKR, a leading global investment firm.

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

The Motley Fool

MercadoLibre (NASDAQ: MELI) has won over investors with its successes in a difficult environment for conducting business. Despite the challenges businesses can face in Latin America, MercadoLibre is succeeding in multiple areas, and its stock has bounced back from the 2022 bear market to set new record highs. Moreover, MercadoLibre is a business that backs what has become a fast-growth stock.

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