Sat.Sep 14, 2024

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NuScale Power Is Great. Here's Why You Shouldn't Buy It.

The Motley Fool

NuScale Power (NYSE: SMR) is at the leading edge of the nuclear power sector. It is doing great things and making important progress toward its goal of mass-producing small-scale modular nuclear reactors. In a world increasingly looking toward carbon-free energy sources, it is positioning itself well for a bright future. But it won't be a good fit for every investor.

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Axel Springer and KKR near deal on $13.5bn break-up

Financial Times M&A

Agreement to be discussed next week could cement Mathias Döpfner’s control over media outlets Politico and Bild

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2 Artificial Intelligence (AI) Stocks to Buy Before They Soar 98% and 1,040%, According to Certain Wall Street Analysts (Hint: Not Nvidia)

The Motley Fool

Semiconductor company Nvidia has led the S&P 500 higher this year amid mounting interest in artificial intelligence (AI). But we are still in the early stages of the AI boom, and certain Wall Street analysts are pounding the table on alternative investments. For example: Gil Luria at DA Davidson expects SoundHound AI (NASDAQ: SOUN) to reach $9.50 per share in the next 12 months.

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10 Weekend Reads

The Big Picture

The weekend is here! Pour yourself a mug of coffee, grab a seat outside, and get ready for our longer-form weekend reads: • Breaking Down OnlyFans’ Stunning Economics : In 2024, OnlyFans generated $6.3 billion in gross revenues, up from $300 million five years earlier. Though OnlyFans is based around subscriptions, over 60% over consumer spending is now via transactions (and unlike say, Candy Crush, these are not micro transactions but instead add-on purchases that can cost dozens of dollars or

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The CEO of Nvidia Just Sold $78 Million Worth of His Company's Stock. Here's What Investors Need to Know.

The Motley Fool

Nvidia (NASDAQ: NVDA) stock sent investors on a wild ride so far in 2024. It was trading at a stock split-adjusted price of around $48 at the start of the year. The price got as high as $140.76 at one point in mid-June, then plunged to $99 by early August before recovering enough to trade around $130 a share by mid-August. It then fell 21% over a few weeks to trade around $103 in early September before recovering somewhat this past week, and it now trades around $118.

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Eyecare company Bausch + Lomb explores sale to end messy spin-off

Financial Times M&A

Contact lens supplier is looking for buyers to separate from indebted parent company

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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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The 2025 Social Security Cost-of-Living Adjustment (COLA) Is Almost Official. Here's How Much Retirement Benefits Could Increase Next Year

The Motley Fool

The Bureau of Labor Statistics (BLS) just released the second of three data points that will determine how much more retirees will receive in Social Security retirement benefits next year. The annual Social Security cost-of-living adjustment , or COLA, is an important feature of the program. Many retirees rely on the annual bump in benefits to help make ends meet and keep up with the rising costs of everyday life.

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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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First-Look Stocks: Is This Space Start-Up Set to Skyrocket?

The Motley Fool

In this video, Motley Fool contributors Jason Hall and Tyler Crowe take a first look at Intuitive Machines (NASDAQ: LUNR) and share their insights about the prospects for the small space start-up stock. *Stock prices used were from the morning of Sept. 10, 2024. The video was published on Sept. 14, 2024. Should you invest $1,000 in Intuitive Machines right now?

Prospects 246
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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 Headline Number from This Artificial Intelligence (AI) Giant's Latest Report Could Mislead Investors

The Motley Fool

When dissecting the state of a public company, you can't often rely on the headline figures alone. Frequently, there's more to the story than just revenue growth or profit margins -- there's a story behind each metric. Case in point, consider Broadcom 's (NASDAQ: AVGO) latest report. The company certainly wasn't trying to be misleading, but the headline number that it trumpets -- that its revenue rose 47% year over year to $13.1 billion -- doesn't tell the full story of what's going on.

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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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The 2025 Social Security COLA Could Be Lower Than Expected – Here's Why

The Motley Fool

The Social Security cost-of-living adjustment, or COLA, is based on third-quarter inflation data. We just got a look at the numbers from August, and here's what they tell us about the raise Social Security beneficiaries will receive in 2025. The $ 22,924 Social Security bonus most retirees completely overlook If you're like most Americans, you're a few years (or more) behind on your retirement savings.

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KKR to Acquire Janney Montgomery Scott from Penn Mutual

KKR

NEW YORK & PHILADELPHIA--(BUSINESS WIRE)-- KKR, a leading global investment firm and The Penn Mutual Life Insurance Company (“Penn Mutual”) today announced the signing of a definitive agreement under which investment funds managed by KKR will acquire Janney Montgomery Scott LLC (“Janney” or the “Company”). This press release features multimedia.

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Adobe Stock Drops on Disappointing Guidance. Wasn't Artificial Intelligence (AI) Supposed to Boost Its Business?

The Motley Fool

In this video, I will go over Adobe 's (NASDAQ: ADBE) third-quarter earnings report. Check out the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were from the trading day of Sept. 12, 2024. The video was published on Sept. 12, 2024. Should you invest $1,000 in Adobe right now? Before you buy stock in Adobe, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors

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T-Mobile and KKR Announce Joint Venture to Acquire Metronet and Offer Leading Fiber Solution to More U.S. Consumers

KKR

BELLEVUE, Wash. & NEW YORK & EVANSVILLE, Ind.--(BUSINESS WIRE)--T-Mobile (NASDAQ: TMUS), America's 5G leader and fastest-growing fixed wireless broadband provider, today announced it has entered into a definitive agreement to establish a joint venture (JV) with leading global investment firm KKR (NYSE: KKR) that will acquire Metronet including its broadband infrastructure, rapidly growing residential fiber business operations and existing customers.

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Prediction: Here's What the Average 30-Year Mortgage Rate Will Be in 2025

The Motley Fool

Image source: Getty Images Mortgage rates have fallen quite a bit since the late-2023 peak. According to the latest data from the Mortgage Bankers Association, the average interest rate on a 30-year fixed-rate mortgage is now 6.29%. However, with the Federal Reserve widely expected to gradually cut the federal funds rate through at least the end of 2025, there's a solid probability that prospective home buyers will get a chance to buy with even lower mortgage rates in the near future.

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KKR Acquires Marmic Fire & Safety

KKR

All Employees to Become Owners in the Company JOPLIN, Mo. & NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that investment funds managed by KKR have acquired Marmic Fire & Safety (“Marmic” or the “Company”), a leading provider of regulation-mandated fire equipment inspection, testing and maintenance services, from HGGC.

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Should You Buy NuScale Power While It's Below $10?

The Motley Fool

Energy demand is set to explode over the next few decades, driven by growing populations, developing emerging market economies, and the widespread integration of artificial intelligence. In response to carbon reduction goals, companies are undertaking intriguing projects to address the escalating energy demand. Small modular reactors (SMRs) are an exciting technological advancement in nuclear power generation that could revolutionize how we use nuclear energy.

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Instructure to be Acquired by KKR for $4.8 Billion

KKR

SALT LAKE CITY, July 25, 2024 /PRNewswire/ -- Instructure Holdings, Inc. (NYSE: INST) ("Instructure"), a leading learning ecosystem, today announced that it has entered into a definitive agreement to be acquired by investment funds managed by KKR, a leading global investment firm, for $23.60 per share in an all-cash transaction valued at an enterprise value of approximately $4.8 billion.

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Interest Rates May Do Something Not Seen Since 2020. A Big Move in the Stock Market Usually Follows.

The Motley Fool

Federal Reserve officials will meet on Sept. 17 and Sept. 18 to review economic data and adjust monetary policy as necessary. The market expects the committee to cut the benchmark federal funds rate for the first time since 2020, setting in motion a sequence of events that will lower other interest rates and encourage economic growth. Policymakers will most likely start with a quarter-percentage-point cut.

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Avantus Announces Completion of Acquisition by KKR and Closing of $522 Million Development Facility

KKR

KKR’s majority equity investment and arrangement of a new development facility to accelerate the deployment of Avantus’ pipeline, including some of the nation’s largest solar and energy storage projects NEW YORK--(BUSINESS WIRE)-- Today, Avantus, a premier U.S. developer of utility-scale solar and solar-plus-storage projects, and KKR, a leading global investment firm, announced the completion.

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Starbucks' Turnaround Plan Is Here. Is the Coffee Stock a Buy?

The Motley Fool

New Starbucks (NASDAQ: SBUX) CEO Brian Niccol got about the warmest welcome in stock-market history when he was named the coffee giant's new chief in August. Shares of Starbucks jumped 24% when Niccol's hiring was announced a month ago, adding roughly $20 billion to the company's market cap. It's rare to see that kind of value added by just a CEO appointment.

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KKR & Co. Inc. Reports Second Quarter 2024 Results

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) today reported its second 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.

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Should You Retire in Minnesota?

The Motley Fool

Many people, as they approach retirement , wonder whether they should relocate. There are upsides to the idea, as you might shrink your housing, tax, and other expenses. But on the other hand, you may end up far from loved ones. Still, it's worth at least considering, and you might want to think of Minnesota as your destination. That's right, Minnesota -- not Florida or Arizona.

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KKR to acquire majority position in FGS Global to support long-term growth; FGS to become standalone communications and public affairs consultancy

KKR

NEW YORK & LONDON--(BUSINESS WIRE)-- KKR today announced the acquisition of WPP’s full equity position in FGS Global (“FGS” or the “Company”), the preeminent global communications and public affairs consultancy. The proposed transaction is supported by FGS management, builds on KKR’s initial minority investment in July 2023, and values FGS at US $1.7 billion.

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3 Incredibly Cheap Dividend Stocks With Yields Up to 7%!

The Motley Fool

The S&P 500 index is offering a teeny-tiny dividend yield of just 1.2% today. In comparison to that, Portland General Electric 's (NYSE: POR) 4.1% yield looks huge. Brookfield Renewable Partners ' (NYSE: BEP) 5.8% is even more impressive. And Enterprise Product Partners' (NYSE: EPD) 7.2% is downright massive! All of these yields are also above average compared to the industries in which they operate, suggesting the stocks are cheaply priced today.

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KKR Acquires Portfolio of Six Class A Industrial Warehouses Across the U.S.

KKR

NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that KKR has acquired a portfolio of six well-located, Class A industrial logistics properties in major U.S. Gateway and Sunbelt markets for approximately $377 million. The six modern industrial properties possess an average vintage of 2014 and feature 35-foot average clear heights.

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1 Top Stock Down 30% That Could Turn Out to Be a Smart Buy Right Now

The Motley Fool

This has been a forgettable year for Zscaler (NASDAQ: ZS) investors so far: Shares of the cybersecurity specialist have lost 30% of their value year to date, and things went from bad to worse for the company following the release of its fiscal 2024 fourth-quarter results on Sept. 3. Though it delivered better-than-expected numbers, Zscaler's stock plunged by 17% the day after that quarterly report as management's guidance for the current quarter and the new fiscal year were well below expectatio

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KKR Completes Acquisition of Varsity Brands from Bain Capital and Charlesbank

KKR

New investment supports Varsity Brands’ growth strategy and mission to serve sports teams, schools, and student-athletes DALLAS & NEW YORK--(BUSINESS WIRE)-- Varsity Brands (the “Company”), a leader in team sports, athletics and spirit, and KKR, a leading global investment firm, today announced the completion of the acquisition of Varsity Brands by KKR from Bain Capital and Charlesbank.

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3 Reasons to Avoid Shopping at Aldi at All Costs

The Motley Fool

Image source: Getty Images Of the various expenses in your budget , groceries are probably a big one. So if you're looking for ways to save money on food shopping, you may be inclined to turn to Aldi. Aldi is known for its low prices on the groceries and household essentials it stocks. Because of this, you may be eager to start shopping there more often.

Finance 243
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KKR receives all regulatory approvals for the voluntary public tender offer for all outstanding shares of OHB SE

KKR

27 August 2024 – Orchid Lux HoldCo S.à r.l. (“Bidder”), a holding company controlled by investment funds, vehicles and/or accounts advised and managed by various subsidiaries of Kohlberg Kravis Roberts & Co. L.P. (“KKR”), today announced the receipt of the last outstanding regulatory approval for the voluntary public tender offer for the shares (ISIN: DE0005936124) of OHB SE (“OHB”).

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1 Unstoppable Stock That Could Join Nvidia, Microsoft, Apple, Amazon, Alphabet, and Meta in the $1 Trillion Club

The Motley Fool

The U.S. economy has a history of producing the world's most valuable companies. United States Steel became the first-ever $1 billion company in 1901, and 117 years later, Apple became the first company in the world to surpass a $1 trillion valuation. Apple is now worth over $3 trillion, but since 2018, tech giants Nvidia , Microsoft , Amazon , Meta Platforms , and Alphabet have joined it in the trillion-dollar club.

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