The Motley Fool

AUGUST 23, 2024

As we entered the last weeks of summer, the crypto market began to heat up as if it was mid-July. Numerous news developments and trends that have powered rallies in digital coins and tokens in the past started to boost the market again. As a result, many were rising at comfortable, double-digit rates over the course of this week. There was plenty of variety in that surge, too, data compiled by S&P Global Market Intelligence reveal.

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Assets Returns Investors Portfolios 246

A Wealth of Common Sense

AUGUST 23, 2024

In December 2020 I wrote a short history of chasing the best performing funds. At the time, Cathie Wood’s ARK Innovation fund was on fire, absolutely destroying the market: Wood quickly became one of the most famous fund managers alive. She was in the headlines every day. Her stock picks and pronouncements about the future were reported by every financial media publication in the country.

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The Motley Fool

AUGUST 23, 2024

On Wall Street, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) CEO Warren Buffett is truly in a class of his own. Without using fancy software or trading algorithms, the Oracle of Omaha has, over nearly six decades, nearly doubled up the annualized total return, including dividends paid, of the benchmark S&P 500. On an aggregate return basis, we're talking about Berkshire's Class A shares (BRK.A) increasing in value by roughly 5,387,100% under Buffett's watch.

Portfolios 246

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Private Equity Professional

AUGUST 23, 2024

QualiTech , a provider of plant nutrition, animal nutrition, and food ingredients, and a portfolio company of MidOcean Partners , has acquired Ellison Bakery , a portfolio company of Tilia Holdings. Fort Wayne, Indiana-headquartered Ellison Bakery is a maker of baked ingredients such as mix-ins, cookie components, and snack inclusions (e.g., chocolate chip pieces, brownie pieces, and pie crust pieces).

Leveraging 130

Leveraging Capital Funds Business Services 130

The Motley Fool

AUGUST 23, 2024

Nvidia (NASDAQ: NVDA) has been one of the biggest beneficiaries of the booming spending on artificial intelligence (AI) development. Its graphics processing units ( GPUs) are a key piece of infrastructure for training and running large language models , the backbone of generative AI. Big tech companies like Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) and Meta Platforms (NASDAQ: META) are spending billions of dollars to get their hands on as many Nvidia GPUs as possible right now.

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FinSMEs

AUGUST 23, 2024

Openwater, a Newark, CA-based provider of a healthcare platform, raised $100M in total funding. Backers included Plum Alley Ventures, Khosla Ventures, BOLD Capital Partners, Esther Dyson, Peter Gabriel, among others. The company intends to use the funds to expand operations and its business reach. Founded by CEO Mary Lou Jepsen, Openwater develops medical technology integrating […] The post Openwater Raises $100M in Total Funding appeared first on FinSMEs.

Funds 110

Funds Capital Companies 110

Financial Times: Moral Money

AUGUST 23, 2024

New chief executive Hein Schumacher is reshaping the business and cutting jobs

Investors 109

Investors 109

The Motley Fool

AUGUST 23, 2024

After a spectacular performance in 2023 and a roaring start to 2024, the capital markets have started to cool down as of late. Naturally, the recent selling activity can be attributed to a variety of factors including mixed job data, the Federal Reserve's monetary policy outlook, and of course the upcoming presidential election. During times like these investors may opt to exit more growth-oriented opportunities and seek safer, steadier positions.

Exchange-Traded Funds 246

Exchange-Traded Funds Banks Capital Business Development Companies 246

Dear Mr. Market

AUGUST 23, 2024

Dear Mr. Market: Budgeting apps play a vital role in helping us keep track of our spending, save for future goals, and maintain control over our financial health. With the retirement of Mint, many are left wondering which tool to turn to next to stay on top of their financial game. The sun has set on Mint, and for many of us, it feels like a beloved companion has gone away.

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Education Due Diligence Financing Finance 108

The Motley Fool

AUGUST 23, 2024

The stock market hasn't rewarded Micron Technology (NASDAQ: MU) enough for the outstanding growth that it has been delivering in 2024, which is evident from the 26% jump in the shares of the memory specialist so far this year. It is also worth noting that Micron stock has retreated nearly 30% since hitting a 52-week high two months ago. However, this is good news for savvy investors looking to add a company that's well on its way to capitalizing on the fast-growing adoption of artificial intelli

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Prospects Stock Market Stock Market Returns 246

Financial Times M&A

AUGUST 23, 2024

Groups look for ways to take part in deal for Japanese convenience store company

Private Equity Firms 103

Private Equity Firms Private Equity Firms Bidding Companies 103

The Motley Fool

AUGUST 23, 2024

Two artificial intelligence (AI) stocks have led the S&P 500 (SNPINDEX: ^GSPC) higher this year. Semiconductor company Nvidia (NASDAQ: NVDA) and server manufacturer Super Micro Computer (NASDAQ: SMCI) have see their share prices surge 159% and 119%, respectively. Both companies recently announced 10-for-1 stock splits to make shares more affordable.

Banks 246

Banks Returns Investors Accounting 246

Financial Times: Moral Money

AUGUST 23, 2024

It could get an assist from a recent offshore oil discovery

Financing 100

Financing Finance 100

The Motley Fool

AUGUST 23, 2024

Are you looking for some new stock picks that will start paying off sooner than later? Finding good choices can be particularly tough in the current environment. Not only are stocks' near-term performances difficult to predict, but we're starting to see a few economic red flags like rising unemployment and a recently uninverted yield curve. There is a small handful of stocks, however, that could be notably higher by the end of this year.

Consulting 246

Consulting Consultants Returns Investors 246

Private Equity Professional

AUGUST 23, 2024

Gridiron Capital has expanded its team with the hiring of Marcus Meyer as managing director, capital markets. Gridiron created this new in-house capital markets function to improve and expand its financing capabilities and to expand its relationships with senior and mezzanine lenders. “We have known Marcus for many years and are excited to have him join our team at Gridiron Capital,” said Tom Burger , a co-founder and managing partner at Gridiron.

Capital 100

Capital Enterprise Values Financing Finance 100

The Motley Fool

AUGUST 23, 2024

In July, more than 51.2 million retired workers brought home an average check of $1,919.40 from Social Security. This program, which was signed into law in August 1935 and doled out its first retired-worker check in January 1940, is vital to the financial well-being of most aging Americans. For 23 consecutive years, national pollster Gallup has questioned retirees about their reliance on the income they receive from America's top retirement program.

Accounting 246

Accounting 246

Private Equity Professional

AUGUST 23, 2024

Brown Gibbons Lang & Company (BGL) has hired Seth Rosenfield as a new managing director. Mr. Rosenfield has more than 25 years of experience as an investment banker in the information services, business media, and marketing technology and services sectors. In his new position, Mr. Rosenfield will co-lead BGL’s new technology and information services practice – which is part of the firm’s services vertical – alongside Managing Director Brandon Dobell.

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Mergers and Acquisitions Investment Banks Investment Banking Professional Services 100

The Motley Fool

AUGUST 23, 2024

Despite historically hot trends like artificial intelligence (AI) dominating headlines on Wall Street, it's stock-split euphoria that's played an equally impressive role in sending the broader market higher in 2024. Put simply, a stock split is a tool publicly traded companies can lean on to adjust their share price and outstanding share count by the same factor.

Companies 246

Companies Initial Public Offering Exchange-Traded Funds Stock Exchanges 246

Private Equity Wire

AUGUST 23, 2024

A consortium of private credit lenders, led by Blue Owl Capital and Ares Management, has taken control of Pluralsight, wiping out $4bn that Vista Equity Partners and its co-investors have invested in the company since acquiring it three years ago, according to a report by Bloomberg. The deal for the troubled software company comes after months of intense negotiations.

Investors 98

Investors Asset Management Debt Stakes 98

The Motley Fool

AUGUST 23, 2024

There is so much to love about dividends, the cash payments investors receive when a company shares its profits with them. Dividends help shareholders realize an investment return without having to sell the stock. You can reinvest the cash or do whatever else you want. A large enough dividend portfolio can grow into a wealth machine, pumping out thousands of dollars in annual passive income.

Exchange-Traded Funds 246

Exchange-Traded Funds Portfolios Shareholders Returns 246

AltAssets

AUGUST 23, 2024

Genomics and precision health investment specialist Illumina Ventures is back in the fundraising market eyeing up to $300m for its latest vehicle. The post Illumina Ventures returns to fundraising with eyes on $300m appeared first on AltAssets Private Equity News.

Returns 97

Returns Investing Buyout Funds 97

The Motley Fool

AUGUST 23, 2024

CrowdStrike (NASDAQ: CRWD) stock had a difficult summer, slipping badly since an automatic software update it pushed to its clients caused millions of computers to crash. With the stock down by around 30% from its highs, investors may wonder if they should take this opportunity to open a position. The company's fiscal second-quarter report right around the corner on Aug. 28, so the clock is also ticking for investors to buy the stock before a major news announcement.

Investors 246

Investors Companies Returns Investing 246

Private Equity Wire

AUGUST 23, 2024

SFW Capital Partners, a New York-based private equity firm focused on the industrial and life sciences technology sectors, has sold US materials science producer Micromeritics Instrument Corporation to Spectris for $630m. The sale includes deferred consideration of up to $53m based on agreed financial performance metrics in 2024 and 2025. Micromeritics, headquartered in Norcross, GA, provides analytical instrumentation for particle and material characterisation, specialising in the measurement

Capital 97

Capital Private Equity Firms Private Equity Firms Companies 97

The Motley Fool

AUGUST 23, 2024

Nvidia 's stock split earlier this year was followed up by a period of strong valuation gains for the company, and the artificial intelligence (AI) leader is far from the first to benefit from post-split momentum. While stock splits don't do anything to change the fundamentals of a business, there are reasons why investors like them. By breaking its share count down into a larger number of shares, a company makes its stock potentially more accessible and attractive to a wider range of investors.

Companies 246

Companies Shareholders Investors Returns 246

Private Equity Wire

AUGUST 23, 2024

Global asset manager Unigestion has added Nick Kavanagh as Principal, Satsheel Redkar as Vice President and Jin Young Kim as Associate to its global secondaries team. Kavanagh is based in London and the latter two are based in New York. Kavanagh focuses on sourcing, structuring and executing mid-market secondary transactions. He started his secondaries career at Pantheon Ventures and previously worked for Hamilton Lane for almost seven years, most recently as Principal.

Consulting 97

Consulting Consultants Asset Management Assets 97

The Motley Fool

AUGUST 23, 2024

Investors who have not looked at Realty Income (NYSE: O) in the last few weeks may be surprised to see it at a 52-week high. Despite a growing, stable revenue stream from high-profile clients, the company suffered from a high-interest-rate environment that has pressured its bottom line. Now, with the prospect of lower interest rates, investors have bid the stock higher by almost 15% since the beginning of July.

Mergers and Acquisitions 246

Mergers and Acquisitions Bidding Prospects Depreciation 246

Private Equity Wire

AUGUST 23, 2024

Global private investment firm Carlyle Group is to acquire Worldpac, the wholesale distribution business of North American automotive aftermarket parts provider, Advance Auto Parts, in an all-cash $1.5bn deal, which is expected to complete by the end of the year. The sale of Worldpac is part of Advance Auto Parts’ strategy to simplify its enterprise structure and focus more sharply on its core “blended box” business model.

Leveraging 97

Leveraging Taxes Investment Firms Capital 97

The Motley Fool

AUGUST 23, 2024

Shares of Cava Group (NYSE: CAVA) were soaring today after the fast-casual restaurant chain delivered another strong earnings report with impressive growth on the top and bottom lines. As of 9:51 a.m. ET, Cava stock was up 14.1% on the news. Image source: Cava. Cava shines again Cava said that comparable sales surged 14.4% in the period, driven by 9.5% traffic growth.

Earnings Before Interest 246

Earnings Before Interest Amortization Depreciation Leveraging 246

Private Equity Wire

AUGUST 23, 2024

Investment management provider Allvue Systems has launched new fundraising software aimed at streamlining the fundraising lifecycle and operational efficiency of private equity and private credit funds. The new software complements Allvue’s existing investor relations solutions and is aimed at firms of all sizes and their prospective LPs. Allvue’s fundraising solution features fundraising portal and fundraising pipeline modules.

Prospects 96

Prospects Funds Investors Investing 96

The Motley Fool

AUGUST 23, 2024

Enterprise Products Partners (NYSE: EPD) is an elite dividend stock. The master limited partnership (MLP) has increased its cash distribution to investors for 26 straight years , including by 5% over the past year. That payout currently yields over 7%, well above the S&P 500's sub-1.5% average. The MLP should have plenty of fuel to continue increasing its big-time payout in the future.

Assets 246

Assets Leveraging Prospects Taxes 246

Private Equity Wire

AUGUST 23, 2024

Alternative asset management firm Obra Capital has secured new funded and unfunded credit facilities, the proceeds of which were used to retire the firm’s existing publicly syndicated debt and provide growth capital to the Obra platform. Investors in the facility consist of existing and new lenders, with equity investors including RedBird Capital Partners and Aquarian Holdings.

Capital 75

Capital Asset Management Financing Finance 75

The Motley Fool

AUGUST 23, 2024

Image source: Getty Images Americans owe a total of $1.14 trillion in credit card debt, according to the Federal Reserve Bank of New York. That's a lot of money, particularly when you consider that credit card interest can run to 20% or 25% (and sometimes even higher). Those high APRs make it all too easy for credit card debt to become unmanageable.

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Debt Banks Financing Finance 246

The Big Picture

AUGUST 23, 2024

This week, we speak with Ricky Sandler , the chief investment officer and the founder of Eminence Capital. Today, Eminence is a $7B global investment management organization. Sandler came to prominence as a savvy long/short investor and Eminence continues to successfully run several different Long/Short portfolios. Prior to launching Eminence, Ricky was co-founder and co-general partner of Fusion Capital Management, LLC.

Capital 69

Capital Assets Hedge Funds Portfolios 69

The Motley Fool

AUGUST 23, 2024

Image source: Getty Images Retirees often don't need to borrow money or pass credit checks anymore. By the time you retire, you could already have some quality credit cards , a home you've paid off, and enough in your retirement accounts to live comfortably. Taking all that into consideration, your credit score might not seem too important. But it's still wise to maintain a good credit score, because there are ways it could impact your life. 1.

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