Sat.Nov 16, 2024

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Cathie Wood Is Selling Tesla and Buying This Other EV Stock That's Under $5. Should You Follow Her Lead?

The Motley Fool

As the CEO of Ark Invest, Cathie Wood has made a name for herself thanks to her strong conviction in exciting technologies and high-profile investments in emerging companies looking to disrupt the status quo. Wood was an earlier supporter of electric vehicle (EV) manufacturer Tesla (NASDAQ: TSLA) , often touting the prospects of autonomous driving and the role artificial intelligence (AI) could play in the company's roadmap before it was fashionable.

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American luxury deal’s collapse leaves Michael Kors in limbo

Financial Times M&A

Fashion brand’s $8.

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1 High-Flying Growth Stock to Buy and Hold Forever

The Motley Fool

Long-term investors shouldn't buy shares in a company because of performance in a single quarter. However, quarterly updates sometimes contain revealing clues about a corporation's investment thesis and long-term prospects. Let's look at Amazon (NASDAQ: AMZN) , the e-commerce giant that recently reported strong third-quarter results. The company's shares jumped on the news, and with good reason.

Prospects 246
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Trading assets at US banks cross $1tn for first time since financial crisis

Financial Times - Banking

Much of the increase has been in equities but exposure to structured credit has been growing as well

Banks 71
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Billionaire Investor Masayoshi Son Is Already $130 Billion Deep in AI Stocks. Now He Thinks Nvidia Is Undervalued.

The Motley Fool

If you're looking for a growth stock investor to follow, it's hard to find one more prolific than Masayoshi Son, the CEO and largest shareholder in Softbank (OTC: SFTBF), a massive diversified holding company based in Japan. Among Son's best-known investments are Alibaba , Yahoo, Uber , DoorDash , WeWork, and Arm Holdings (NASDAQ: ARM) , in which Softbank owns roughly a 90% stake.

Investors 246
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Consortium of KKR and the Skip Essential Infrastructure Fund to acquire Majority Stake in Queensland Airports

KKR

SYDNEY--(BUSINESS WIRE)-- KKR, a leading global investment firm, and the Skip Essential Infrastructure Fund, today announced the signing of definitive agreements under which a consortium of KKR (on behalf of funds managed by it) and the Skip Essential Infrastructure Fund (the ‘Consortium’) will acquire a 74.25% stake in Queensland Airports Limited (‘Queensland Airports’) from The.

Stakes 40
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Turning 60 to 63 in 2025? This Big 401(k) Change Could Set You Up With Loads More Retirement Income.

The Motley Fool

There's a benefit to saving for retirement in a 401(k) over an IRA. With a 401(k), you get the ability to contribute a much larger sum each year. And if you're lucky, a workplace match could put more money into your retirement plan. The contribution limits for 401(k) plans can change from one year to the next. Currently, 401(k)s max out at $23,000 for workers under 50 and $30,500 for those 50 and older, thanks to a $7,500 catch-up.

Taxes 246

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Where Will Nvidia Stock Be in 1 Year?

The Motley Fool

All eyes are on Nvidia 's (NASDAQ: NVDA) upcoming earnings. On Nov. 20, the investing world will get a chance to hear directly from the executive team at the heart of the artificial intelligence (AI) boom. There are some critical questions I hope will be answered, like how recent events at Supermicro will affect the company's ability to ship its newest Blackwell chips on time and keep up with demand.

Capital 246
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Powin Secures $200 Million in Debt Capital From KKR to Bolster Growth and Innovation in Energy Storage

KKR

PORTLAND, Ore.--(BUSINESS WIRE)--Powin, a global leader in battery energy storage solutions, announced today that it has successfully secured a revolving credit facility of up to $200 million primarily from insurance accounts managed by KKR, a leading global investment firm.

Debt 40
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3 Major 401(k) Changes Coming in 2025

The Motley Fool

The 401(k) is a go-to account for workers to build their retirement savings, and the IRS has just announced updates that could shake things up in 2025. On Nov. 1, the 2025 contribution limits were unveiled -- and they are bigger than ever. Plus, there are a few other significant changes on the horizon that you'll want to keep on your radar as the new year approaches.

Taxes 246
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Peregrine Closes on Debt Financing from KKR

KKR

BOULDER, Colo. and NEW YORK , Oct. 2, 2024 /PRNewswire/ -- Peregrine Energy Solutions LLC ("Peregrine"), an integrated multi-technology clean energy platform with a focus on utility-scale energy storage, and KKR, a leading global investment firm, today announced that Peregrine has closed on a credit facility from insurance accounts managed by KKR that can provide financing for up to $250 million in assets.

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Nvidia Has 65% of Its Portfolio Invested in 1 Brilliant Artificial Intelligence (AI) Stock

The Motley Fool

Nvidia (NASDAQ: NVDA) first disclosed a stake in fellow semiconductor company Arm Holdings (NASDAQ: ARM) in the fourth quarter of 2023. The position was valued at $147 million at the time, but a recently filed Form 13F shows the position is now worth more than $280 million and accounts for about 65% of Nvidia's $433 million stock portfolio. To be clear, Nvidia has not added to its stake this year.

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KKR Acquires Leading Near-Airport Parking Provider, The Parking Spot, from Green Courte Partners

KKR

NEW YORK & CHICAGO--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that KKR has acquired The Parking Spot (“TPS” or the “Company”), the nation’s leading owner and operator of near-airport parking properties, from an affiliate of Green Courte Partners, LLC, a private equity real estate investment firm. Financial terms of the transaction were not disclosed.

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Here's One Way You Should Never Use Your Debit Card

The Motley Fool

Image source: Getty Images Debit cards are one of the marvels of the modern banking industry. If you want to access the cash in your checking account, you don't have to visit an ATM to take out cash or dig through your purse or pocket to find a pen so you can write a check. Instead, you can tap or swipe and pay for a purchase instantly -- with no risk of going into credit card debt.

Banks 246
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KKR & Co. Inc. to Announce Third 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 third quarter 2024 on Thursday, October 24, 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 Thursday, October 24, 2024 at 10:00 a.m.

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Nvidia, Meta, Apple, and Microsoft Could Help This Magnificent ETF Turn $250,000 Into $1 Million

The Motley Fool

Artificial intelligence (AI) might be the most revolutionary technology in a generation. Depending on which Wall Street forecast you rely upon, it could add between $7 trillion and $200 trillion to the global economy over the next decade. Some companies are already reaping the rewards. Nvidia , for example, has added a staggering $3.2 trillion to its market capitalization in the last two years alone.

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KKR Acquires Portfolio of Four Industrial Warehouses Serving the Central Florida Market

KKR

NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that KKR has acquired a portfolio of four Class A industrial warehouses serving the greater Central Florida market, including Orlando and Tampa. This press release features multimedia. View the full release here: [link] Business Wire) The four industrial.

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These 3 Passive-Income ETFs Are a Retiree's Best Friend

The Motley Fool

Most people don't want to spend much time managing their retirement portfolio once they've stopped working. After all, you've made it! This is the period in your life when it's time to relax. It is essential to know the tools available to help you build a diversified nest egg that will meet your needs without having to watch it 24/7. That's where exchange-traded funds (ETFs) can help.

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KKR Invests in Enilive to Accelerate Sustainable Mobility and the Energy Transition

KKR

LONDON & MILAN--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced the signing of an agreement under which KKR will acquire a 25% stake in Enilive, Eni’s mobility transformation company dedicated to biorefining, biomethane production, smart mobility solutions, and providing services to support people on the move. Closing of the transaction is subject to customary.

Stakes 40
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My Favorite Electric Vehicle (EV) Stock to Buy Before Nov. 30

The Motley Fool

Electric vehicle (EV) stocks used to be market darlings. In 2021, several major EV makers went public. The valuations then were dazzling. A lot has changed since 2021. Valuations have come crashing down to Earth. So if you've been looking to add significant growth potential to your portfolio, now looks like your time to strike. For investors looking to maximize their upside potential, there's one EV stock that sticks out. 3 reasons I love this EV stock Most car buyers still haven't heard of Rivi

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KKR & Co. Inc. Reports Third Quarter 2024 Results

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) today reported its third 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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The Best Warren Buffett Stocks to Buy With $300 Right Now

The Motley Fool

Warren Buffett's holding company, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) , is one of the largest companies in the world. Investors follow the buys and sells for its equity portfolio, which typically owns around 45 stocks and is worth nearly $294 billion right now. Buffett didn't get there by chasing growth stocks. He leans heavily toward value stocks , with an emphasis on financial stocks and dividend payers, although there's an occasional growth stock, too.

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CVC joins KKR in the acquisition of Superstruct Entertainment

KKR

London, October 28, 2024 – KKR and CVC, two leading global investment firms, today announce that CVC has invested alongside KKR to support Superstruct Entertainment (“Superstruct”) in its next phase of development as one of the world’s premier live entertainment groups.

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Meet the Only Vanguard ETF That Has Turned $10,000 Into $93,000 Since 2010

The Motley Fool

Vanguard markets 86 exchange-traded funds (ETFs). You can buy Vanguard bond and stock ETFs of nearly any flavor. Thirty Vanguard ETFs have delivered year-to-date returns of at least 20%. But that's not too hard to do, with stocks and bonds soaring. What's more important is how these funds have performed over the longer term. If you're looking for the best of the best, one member of the Vanguard family is worthy of the prize.

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KKR and Energy Capital Partners Announce $50 Billion Strategic Partnership to Support AI Growth Through Investments in Data Centers and Power Generation

KKR

Strategic partnership with available capital and scale ready to meet the urgent need to fund data center, power, and grid infrastructure in the U.S. and globally Scaling of AI and cloud infrastructure in the U.S. expected to cost at least $1 trillion by 2030 NEW YORK & SUMMIT, N.J.--(BUSINESS WIRE)-- KKR, a leading global investment firm, and Energy Capital Partners (“ECP”), the largest.

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3 Signs You Should Avoid Shopping at Amazon at All Costs

The Motley Fool

Image source: Getty Images While this article covers some of the reasons to stop ordering from Amazon, I feel a confession is in order. The subject only came up because I'm working on this issue myself. My Amazon shopping has become so habitual that I recently decided to dedicate the month of January to making no Amazon purchases. By the time February rolls around, I'll be ready to debrief, but in the meantime, here are three signs that it may be time for you to take a break with me. 1.

Financing 246
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Birch Creek Closes $150m Credit Facility with KKR

KKR

ST. LOUIS, Oct. 31, 2024 /PRNewswire/ -- Birch Creek Energy, LLC ("Birch Creek"), a utility scale solar and storage developer and independent power producer, and KKR, a leading global investment firm, today announced that Birch Creek has closed on a $150 million credit facility within KKR's High-Grade Asset-Based Finance (ABF) strategy via insurance accounts managed by KKR.

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OpenAI Has a Warning for Nvidia. Is the AI Bubble Bursting?

The Motley Fool

It hasn't even been two years since OpenAI changed the world by launching ChatGPT, but already there are signs that the technology could be hitting a ceiling. OpenAI's latest model, Orion, was designed to replace GPT and be a significant step beyond it, but the model has not hit the company's performance targets. While it's an improvement on OpenAI's GPT models, it's not the leap that the company had hoped it would be, and evidence is now piling up that artificial general intelligence (AGI) migh

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KKR Appoints Georgia Rankin as Executive Advisor

KKR

LONDON--(BUSINESS WIRE)-- Global investment firm KKR announced today the engagement of Georgia Rankin as Executive Advisor to the firm. Ms. Rankin will work closely with KKR’s European Private Equity team to bring innovation and best-in-class executive talent management to the firm’s portfolio companies and future prospective investments. She will focus on building long-term relationships with.

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Where Will Visa Stock Be in 3 Years?

The Motley Fool

This might be an opportune time to buy Visa (NYSE: V) stock. The credit card giant is an all-weather stock because it does well when the economy does, which is most of the time. The market continues to hit new highs since the election, and that bodes well for Visa and its shareholders. Can Visa keep it up? Let's consider where investors can expect it to be in three years.

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eRESI Secures Additional Investment from KKR

KKR

NEW YORK & CHARLOTTE, N.C.

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

The Motley Fool

Are you looking for a new stock pick to capitalize on the market's newfound strength? Consider stepping into a stake in Shopify (NYSE: SHOP). It's a right place/right time kind of prospect. something all investors were reminded of Tuesday. Fortunately, it's not too late to jump in. What's Shopify? On the off-chance you're reading this and don't know, Shopify helps businesses of all sizes establish and operate an e-commerce presence.

Stakes 245
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KKR and Dragoneer Complete Acquisition of Instructure

KKR

SALT LAKE CITY, Nov. 13, 2024 /PRNewswire/ -- Instructure Holdings, Inc. ("Instructure"), a leading learning ecosystem, today announced the close of its acquisition by investment funds managed by KKR, a leading global investment firm, and Dragoneer, a growth-oriented investor, for $23.60 per share in an all-cash transaction valued at an enterprise value of approximately $4.8 billion.

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Meet the Stock-Split Stock That Soared by 11,210% Over the Past 15 Years. Now, It's Poised to Join Nvidia, Apple, Microsoft, Amazon, Alphabet, Meta, and Tesla in the $1 Trillion Club by 2026

The Motley Fool

Technological advances over the past 20 years have been nothing short of profound, and nowhere is that progress more evident than in the sizes of the world's largest companies. Two decades ago, General Electric and ExxonMobil were the world's largest companies by market cap , clocking in at $319 billion and $283 billion, respectively. Now, the list of the largest companies is dominated by businesses at the cutting edge of technology.

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Consortium of KKR and the Skip Essential Infrastructure Fund to acquire Majority Stake in Queensland Airports

KKR

SYDNEY--(BUSINESS WIRE)-- KKR, a leading global investment firm, and the Skip Essential Infrastructure Fund, today announced the signing of definitive agreements under which a consortium of KKR (on behalf of funds managed by it) and the Skip Essential Infrastructure Fund (the ‘Consortium’) will acquire a 74.25% stake in Queensland Airports Limited (‘Queensland Airports’) from The.

Stakes 40
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Is Plug Power Stock a Buy?

The Motley Fool

Plug Power (NASDAQ: PLUG) has been a high-profile renewable energy company for more than a decade, hoping to transform how we use energy by making hydrogen fuel more available and cost-effective. As big as the hydrogen opportunity is, however, the ride for investors has been volatile. Losses have grown despite improving revenue, and hopes for future profitability have been pushed off again and again.

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KKR to Sell GeoStabilization International to Leonard Green & Partners

KKR

All 900+ GSI Employee Owners to Earn Cash Payouts, with Longest Tenured Hourly Employees Each Receiving Over $325,000 in Proceeds DENVER & NEW YORK--(BUSINESS WIRE)-- KKR today announced an agreement to sell GeoStabilization International (“GSI” or the “Company”) to Leonard Green & Partners, L.P. (“LGP”). GSI is a leading provider of geohazard mitigation solutions and roadway safety services.