The Motley Fool

AUGUST 18, 2024

Artificial intelligence (AI) aficionado Nvidia (NASDAQ: NVDA) has generated incredible returns for shareholders of late, so much so that the chipmaker completed a 10-for-1 stock split in June to reset its soaring share price. Even so, the hedge fund managers listed below trimmed their positions in Nvidia during the second quarter while reinvesting profits in Broadcom (NASDAQ: AVGO) , another semiconductor company that recently completed a 10-for-1 stock split.

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A Wealth of Common Sense

AUGUST 18, 2024

After the Great Financial Crisis, everyone was trying to figure out how it would impact the coming wave of millennials entering adulthood. Millennials were getting blamed for killing everything — napkins, diamond rings, chain restaurants, motorcycles, bar soap and more. Sure, whatever. The one that never made sense to me was all the pundits predicting millennials would never buy a home or move out of big cities.

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The Motley Fool

AUGUST 18, 2024

Do you want to get richer in 2024? Of course you do. I've got a few stocks here that you might consider for your portfolio -- but I can't promise that they will surge in 2024. That's because it's impossible to know how a given stock, not to mention the entire stock market, will perform over relatively short periods. Market corrections and crashes can happen any time.

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Shareholders Stock Market Stock Market Financial Services 246

Financial Times M&A

AUGUST 18, 2024

Deal between convenience store groups would be biggest-ever unsolicited foreign bid for a Japanese company

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Bidding Companies 111

The Motley Fool

AUGUST 18, 2024

Over the last couple of years, the pharmaceutical industry has been taken over by glucagon-like peptide-1 (GLP-1) agonists. Even if you aren't familiar with that terminology, I'd wager that you're well aware of diabetes and obesity medications such as Ozempic, Wegovy, and Mounjaro -- which are all GLP-1 drugs. For now, Denmark-based Novo Nordisk (NYSE: NVO) dominates the GLP-1 market, thanks to its deep roster of treatments including Ozempic, Wegovy, Rybelsus, and Saxenda.

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Prospects Returns Investors Portfolios 246

FinSMEs

AUGUST 18, 2024

Re:Build Manufacturing, a Cambridge, MA-based company that manufactures technologically advanced products from concept through production at scale, reportedly raised $120m in funding. General Catalyst was the sole investor in the round. The company intends to use the funds to expand operations and its business reach. Re:Build ManufacturingRe:Build Manufacturing Led by Miles Arnone, Chief Executive Officer, Re:Build […] The post Re:Build Manufacturing Raises $120M in Funding appeared first

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Funds Investors Companies 88

FinSMEs

AUGUST 18, 2024

Eschatology Entertainment, a Nicosia, Cyprus-based gaming studio, raised €10.2m in funding. The round was led by KRAFTON, with participation from GEM Capital and The Games Fund. The company intends to use the funds to expand operations and its development efforts to launch upcoming games. Founded in 2022 by Fuad Kuliev, Dmytro Kostiukevych, Boris Nikolaev, and Viktor Antonov, […] The post Eschatology Entertainment Raises €10.2M in Funding appeared first on FinSMEs.

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Funds Capital Companies 69

The Motley Fool

AUGUST 18, 2024

You can't go a day without hearing or reading about Nvidia. The company powering the artificial intelligence (AI) revolution now has the third-largest market cap in the world at over $2.8 trillion. Investors are betting big on its continued growth, valuing the stock at a premium price-to-earnings ratio ( P/E ) of 63 at the moment. Optimism is high, but I think it is time to zig while others are zagging.

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Returns Investors Companies Portfolios 246

FinSMEs

AUGUST 18, 2024

WSPN, a Singapore-based provider of stablecoin infrastructure, raised $30M in Seed funding. The round was led by Folius Ventures and Foresight Venture, with participation from investors including Hash Global, Generative Ventures, RedPoint Capital, and a consortium of investment companies, exchanges and foundations. The company intends to use the fund to expand operations and its development […] The post WSPN Raises $30M in Seed Funding appeared first on FinSMEs.

Funds 64

Funds Capital Investors Companies 64

The Motley Fool

AUGUST 18, 2024

Starbucks made big news last week with its poaching of Chipotle Mexican Grill 's superstar CEO Brian Niccol. Starbucks stock shot up more than 20% after the announcement, and it was a shot of caffeine that the coffee king has been desperately needing. Investors have confidence in Niccol's ability to get Starbucks back to growth, but it's somewhat premature.

Securities and Exchange Commission (SEC) 246

Securities and Exchange Commission (SEC) Hedge Funds Asset Management Assets 246

FinSMEs

AUGUST 18, 2024

Koch Equity Development, the Wichita, KS-based investment and acquisition arm of Koch, Inc., announced an agreement to acquire iconectiv, LLC, a telecommunications solutions company, from Ericsson (NASDAQ: ERIC). The amount of the deal was not disclosed. With the acquisition, iconectiv will become a wholly-owned independent subsidiary of KED and will continue to be managed by iconectiv’s […] The post Koch Equity Development to Acquire iconectiv appeared first on FinSMEs.

Companies 64

Companies Investing 64

The Motley Fool

AUGUST 18, 2024

Apple (NASDAQ: AAPL) is one of Warren Buffett's favorite stocks; there's no secret about that. He has previously referred to it as "probably the best business I know in the world." And within Berkshire Hathaway 's portfolio, it normally accounts for a considerable percentage of the stock holdings. It's still in the top spot today, but the percentage has dropped significantly after Buffett recently sold a big chunk of Apple stock.

Stakes 246

Stakes Shareholders Taxes Prospects 246

FinSMEs

AUGUST 18, 2024

Stockholm, Sweden-based EQT Private Equity acquired AMCS, an Ireland-based supplier of cloud-based and AI-enabled planning, performance, safety and sustainability focused software for waste management, recycling and other resource-intensive industries. The amount of the deal was not disclosed. EQT Private Equity will invest from EQT X, its flagship private equity fund, and EQT Future, its impact-driven, […] The post EQT Private Equity to Acquire Majority Stake in AMCS appeared first on Fin

Stakes 64

Stakes Funds Investing 64

The Motley Fool

AUGUST 18, 2024

With well over 50 million recipients, Social Security retirement benefits are some of the most relied-on benefits the U.S. offers. The payments provide a financial safety net for retirees, with some depending on the benefits as their sole source of income. The amount of Social Security retirement benefits a person gets can change from year to year, sometimes in unexpected and unwanted ways.

Accounting 246

Accounting 246

FinSMEs

AUGUST 18, 2024

Eli Lilly and Company (NYSE: LLY), an Indianapolis, IN-based medicine company, acquired Morphic Holding, Inc. (NASDAQ: MORF), a biopharmaceutical company developing oral integrin therapies for treatment of serious chronic diseases. The amount of the deal was not disclosed. With the acquisition, Lilly will improve outcomes and expand options for people living with inflammatory bowel disease.

Companies 64

Companies 64

The Motley Fool

AUGUST 18, 2024

Rivian Automotive (NASDAQ: RIVN) recently released its second-quarter earnings update, and there were no real surprises. But it's likely we are in the calm before the storm for Rivian, and investors should start paying attention. That's because the electric vehicle (EV) start-up is getting ready to begin production next year on the R2 SUV, its first new model.

Returns 246

Returns Investors Portfolios Investing 246

Vistra

AUGUST 18, 2024

Singapore, 19 August 2024 – Vistra, a leading provider of essential business solutions that help organisations to invest and grow efficiently and compliantly across the world, is pleased to announce the appointment of…

Investing 52

Investing 52

The Motley Fool

AUGUST 18, 2024

Nvidia (NASDAQ: NVDA) stock has pulled back from its peak in June as the stock market seems to be debating the future of the AI boom. Some investors think the rally overheated as the new technology has yet to produce a "killer app" or make any major disruptions in the economy. There was evidence of this when Alphabet and Microsoft stocks both pulled back following their recent earnings reports as investors questioned the level of spending on AI infrastructure and wondered if those tech giants wo

Stock Market 246

Stock Market Stock Market Returns Investors 246

Africa Capital Digest

AUGUST 18, 2024

To read this article, you must be a paid subscription member. (Current members login here) [.] The post Advent International buys majority holding in South African software firm first appeared on Africa Capital Digest.

Capital 52

Capital 52

The Motley Fool

AUGUST 18, 2024

It's been over 100 years since investors began viewing the Dow Jones Industrial Average (DJINDICES: ^DJI) as an overall stock market barometer. However, despite its longevity, the index is deeply flawed. The Dow Jones Industrial Average is a price-weighted index. As a result, a 1% gain for a relatively small member like Goldman Sachs will move the index higher than a 2% gain for Apple.

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Conglomerates Portfolios Stock Market Stock Market 246

Africa Capital Digest

AUGUST 18, 2024

To read this article, you must be a paid subscription member. (Current members login here) [.] The post Existing investors back convertible note for Lucky ONE first appeared on Africa Capital Digest.

Investors 52

Investors Capital Debt 52

The Motley Fool

AUGUST 18, 2024

On Tuesday, July 16, 2024, the S&P 500 closed at a new all-time high of 5,667. In my opinion, that was it right there. The top is in; the benchmark index will not close above that level again in 2024. Here's why -- and what you can do about it. Image source: Getty Images. The economy is likely headed for a recession Recessions are inevitable -- and pretty frequent.

Investors 246

Investors Stock Market Stock Market Accounting 246

Africa Capital Digest

AUGUST 18, 2024

To read this article, you must be a paid subscription member. (Current members login here) [.] The post Bracewell opens Africa-focused office in Paris first appeared on Africa Capital Digest.

Capital 52

Capital 52

The Motley Fool

AUGUST 18, 2024

Companies that issue stock splits have become quite popular with investors over the last year. But it's important to understand what a stock split achieves and why companies issue them. The most common type of split is a forward stock split , where a company increases its total share count while reducing the share price. The aim is to make each share more affordable for investors, but it's not free money.

Debt 246

Debt Finance Financing Shareholders 246

Africa Capital Digest

AUGUST 18, 2024

To read this article, you must be a paid subscription member. (Current members login here) [.] The post Camco lands additional debt for Spark financing platform first appeared on Africa Capital Digest.

Debt 52

Debt Finance Financing Capital 52

The Motley Fool

AUGUST 18, 2024

One of Warren Buffett's largest and longest held investments is Coca-Cola (NYSE: KO). For some investors, knowing that Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) owns a stock is enough reason to buy it. But there's a major caveat here, because Buffett has owned Coca-Cola for a long time. So the question today is whether the drink giant can make you a millionaire from this point, not how well it has performed for Buffett's Berkshire Hathaway.

Returns 246

Returns Investors Companies Portfolios 246

KKR

AUGUST 18, 2024

Portfolio of 18 High-Quality, Class A Assets Concentrated in Coastal and Sunbelt Markets NEW YORK & CHARLOTTE, N.C.--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that KKR has acquired a portfolio of 18 multifamily assets from a closed-ended fund sponsored by Quarterra Multifamily, a premier multifamily real estate development and operating company, for approximately.

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Portfolios Assets Investment Firms Funds 40

The Motley Fool

AUGUST 18, 2024

The Nasdaq Composite , which tracks the performance of the more than 3,000 stocks listed on its exchange, has been a wild ride so far this year. After climbing as much as 24% by early July, the widely followed index fell into correction territory earlier this month, down 13% from its high before trimming its losses last week. This downturn had some investors wondering whether the market's bull run had come to an end.

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Banks Investment Banks Investment Banking Returns 246

KKR

AUGUST 18, 2024

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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Investment Firms Funds Companies Investing 40

The Motley Fool

AUGUST 18, 2024

While there has been a lot of excitement surrounding the launch of Nvidia 's (NASDAQ: NVDA) latest chips based on its new Blackwell architecture, both customers and investors apparently will need to wait a bit longer. According to reports, the shipment of the chips will be delayed, although by how long remains to be seen. Given the strong demand that was expected for the chips, let's take a closer look at the issue and the impact it may have on the stock.

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Investors Prospects Returns Companies 246

KKR

AUGUST 18, 2024

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.

Stakes 40

Stakes Investment Firms Funds Investing 40

The Motley Fool

AUGUST 18, 2024

Famed growth investor Cathie Wood loves to invest in disruptive tech stocks, and investors love to see what's on her investing plate. Sometimes, it's her tried-and-true picks like Tesla and Teladoc Health , and sometimes it's an under-the-radar initial public offering (IPO) stock like Tempus AI. One stock you don't usually see in Ark Invest's picks is Amazon (NASDAQ: AMZN).

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Initial Public Offering Exchange-Traded Funds Returns Investors 245

KKR

AUGUST 18, 2024

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.

Investing 40

Investing Investment Firms 40

The Motley Fool

AUGUST 18, 2024

Concerns about the economy have led to many e-commerce stocks struggling this year. Shares of Shopify (NYSE: SHOP) , Wayfair , and Etsy are all down more than 10% in just the past six months. Even the mighty Amazon has barely managed to stay in the green during that stretch. Investors are fearing the worst about a possible economic slowdown next year.

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Returns Investors Companies Portfolios 245