Fri.Oct 04, 2024

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3 Reasons to Buy Nvidia Stock Before October 7

The Motley Fool

It's no secret that Artificial Intelligence (AI) stocks have dominated the market for the last few years. With firms like PwC -- one of the "big four" accounting firms -- making claims that AI could add $15.7 trillion to the global economy by 2030 -- the hype makes sense. The revolution's poster child, Nvidia (NASDAQ: NVDA) , saw its stock skyrocket nearly 1000% from late 2022 to today, but the last few months have not been as kind.

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One Whale of a Deal: Bessemer Buys W Services Group

Private Equity Professional

Bessemer Investors has acquired W Services Group , a provider of multi-site maintenance services. W Services Group , founded in 2009 by CEO Matthew Whelan and headquartered in Hauppauge, New York, specializes in vendor-managed facility maintenance services across North America. The company offers a wide array of services, including commercial janitorial, floor care, exterior maintenance, construction services, emergency response, bio hazard clean-up, snow removal and dehumidification, catering t

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How Much Will Microsoft Pay Out in Dividends in 2025?

The Motley Fool

Most investors are drooling over Microsoft 's (NASDAQ: MSFT) jaw-dropping growth story. And let's be honest: With the company's $3 trillion market cap , it's hard not to. But a lesser-known perk to keep an eye on is its consistent dividend rewards to shareholders. Microsoft declared its first dividend for shareholders in 2003 and has been treating shareholders to consistent dividend increases for nearly two decades.

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Shenandoah Switches Sponsors

Private Equity Professional

KLH Capital has sold Shenandoah Industrial Solutions , a provider of infrastructure services for stormwater and sanitary systems, to GenNx360 Capital. Shenandoah specializes in inspecting, cleaning, and rehabilitating stormwater and sanitary infrastructure through trenchless methods that minimize disruption. These services, mandated by environmental regulations, are essential for both public and private sectors that require consistent maintenance of their stormwater and sewage systems.

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3 Reasons to Seriously Consider Using a Living Trust to Pass an Inheritance to Your Family

The Motley Fool

This article is intended for educational purposes only and is not legal advice. For guidance on your personal situation, please contact a lawyer. There are many important steps you can take in the course of your estate planning to set your loved ones up financially upon your passing. One big step is to put a life insurance policy in place so that the people who depend on you financially aren't left in the lurch.

Legal 246
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“$500 is basically free these days”

A Wealth of Common Sense

Housing can be a good investment. Anyone who bought a home before the pandemic can attest to that. The gains this cycle have been spectacular. But housing is also a form of consumption. You not only have property taxes and homeowners insurance but ongoing maintenance, lawn care, wear & tear, renovations, decorations, furniture, etc. I was reminded of this when we had a minor roof leak issue this week.

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Apollo eyes 2025 flagship fund to boost AUM to $1.5tn

AltAssets

Apollo Global Management is planning the roll-out of a flagship fund likely to open next year to boost its overall assets under management to $1.5trn by 2029. According to Buyout Insider, this AUM boost will be driven by ‘dramatically’ scaling its private equity business. To date, Apollo’s private equity AUM totals $135bn and is expected […] The post Apollo eyes 2025 flagship fund to boost AUM to $1.5tn appeared first on AltAssets Private Equity News.

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5 Brilliant Reasons Why Amazon Will Crush the Market

The Motley Fool

Amazon (NASDAQ: AMZN) has been one of the best-performing stocks in the market, no matter which timeframe you look at. It has risen 47% over the past year, 115% in the last five years, and 1,060% in the past decade -- easily outperforming the market (measured by the S&P 500 ) over that timeframe. But none of that matters now, as you can't travel back in time to invest in Amazon earlier.

Debt 246
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Summit Partners closes Fund XII on $9.5bn after just 5 months in market

AltAssets

Growth equity investment giant Summit Partners has closed its twelfth flagship US growth equity fund with a capital pool of $9.5bn, after just five months in the market. The new vehicle, Summit Partners Growth Equity Fund XII, launched its fundraising campaign in late April 2024 and comes just three years after its predecessor. Summit Partners […] The post Summit Partners closes Fund XII on $9.5bn after just 5 months in market appeared first on AltAssets Private Equity News.

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Massive News for Nvidia Stock and Microsoft Stock Investors

The Motley Fool

Nvidia (NASDAQ: NVDA) and Microsoft (NASDAQ: MSFT) are now investors in OpenAI, the creator of ChatGPT. *Stock prices used were the afternoon prices of Oct. 1, 2024. The video was published on Oct. 3, 2024. Should you invest $1,000 in Nvidia right now? Before you buy stock in Nvidia, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Nvidia wasn’t one of them.

Investors 246
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Shipping levy: Small islands vs ‘suit boys’

Financial Times: Moral Money

Industry leaders and country negotiators clash in London over how to place a cost on maritime emissions

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1 Important Conversation to Have With Your Spouse Before Retirement

The Motley Fool

Retirement planning is one of the most important financial exercises you'll do with your spouse. Some aspects of your plan, such as saving and investments, have well-documented blueprints for success. However, there are some essential aspects of budgeting that you have to determine yourself. It's important to have a conversation with your spouse to set lifestyle expectations so that you can create goals and track your progress along the way.

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Kian Promotes Three

Private Equity Professional

Kian Capital Partners has announced the promotions of Carter Fields to vice president and Thomas Bullock and Doyle Silvia to senior associate. Mr. Fields joined the Kian team as an associate in 2019 after working as an analyst at Wells Fargo Securities in its industrial coverage group. He was promoted to senior associate in January 2023. In his new role as vice president, Mr.

Debt 100
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1 Spectacular ETF That Can Help You Capitalize on the Artificial Intelligence (AI) Boom

The Motley Fool

The internet boom culminated in a spectacular bust during the early 2000s, and it taught investors that it's difficult to pick winners and losers during a technological revolution. Many companies fail to survive once the dust settles, and only some manage to thrive. It's also difficult to predict what the economic landscape will look like in the years ahead.

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Blue Ridge Partners welcomes Pat Donegan as senior managing director

AltAssets

Blue Ridge Partners has appointed industry veteran Pat Donegan as its Senior Managing Director. With over 25 years of leadership experience, Donegan has a proven track record in helping private equity firms and their portfolio companies enhance sales, operations, and overall business growth. His expertise lies in refining go-to-market strategies using a data-driven approach, resulting […] The post Blue Ridge Partners welcomes Pat Donegan as senior managing director appeared first on AltAss

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3 Top Artificial Intelligence (AI) Stocks Ready for a Bull Run

The Motley Fool

The rapid expansion of artificial intelligence (AI) lit a blazing fire under many tech stocks. The biggest winners so far are foundational companies like Nvidia (NASDAQ: NVDA) and Microsoft. Nvidia supplies the high-end data center GPUs for processing complex AI tasks, while Microsoft owns a major stake in ChatGPT's creator OpenAI. Over the past five years, Nvidia's stock soared 2,590% as companies scrambled to upgrade their servers with its new GPUs.

Stakes 246
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Activate eyes another $500m from fund to ride climate fundraising wave

AltAssets

Activate Capital, a growth and venture investor in climate technologies, has revealed it is targeting $500m for its third fund. According to Venture Capital Journal, this Fund comes just two years after the closure of its second raise on the same amount. The PE firm is being supported in the fundraising push by TAG Advisors […] The post Activate eyes another $500m from fund to ride climate fundraising wave appeared first on AltAssets Private Equity News.

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Better Artificial Intelligence (AI) Stock: Palantir vs. Nvidia

The Motley Fool

Two of the most popular artificial intelligence (AI) investments right now are Nvidia (NASDAQ: NVDA) and Palantir (NYSE: PLTR). These companies represent opposite ends of the AI investment spectrum, with Nvidia on the hardware side and Palantir on the software side. These two have dominated their respective industries, but which is the better investment choice between them?

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Blackstone aims to pull in at least $10bn in new Asia-focused PE fund

AltAssets

Blackstone has begun raising its third Asia private equity fund with the aim to raise at least $10bn, Reuters has revealed based on source information. According to the source, the new buyout fund will predominantly focus on India with the highest percentage of capital allocated there. Despite its focus on Asia the claimed source stated […] The post Blackstone aims to pull in at least $10bn in new Asia-focused PE fund appeared first on AltAssets Private Equity News.

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Meet the Newest Stock-Split Stock in the S&P 500. It Soared 12,870% Since Its IPO, and Wall Street Says It's Still a Buy Right Now.

The Motley Fool

The S&P 500 is the most widely followed stock market index in the U.S. and consists of the 500 largest publicly traded companies in the country. Given the scope of its membership, it is considered by many investors to be the most dependable gauge of overall stock market performance. To be included in the S&P 500, a company must meet the following criteria: Be based in the U.S.

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Summit Partners closes Fund XII on $9.5bn after just 5 months in market

AltAssets

Growth equity investment giant Summit Partners has closed its twelfth flagship US growth equity fund with a capital pool of $9.5bn, after just five months in the market. The new vehicle, Summit Partners Growth Equity Fund XII, launched its fundraising campaign in late April 2024 and comes just three years after its predecessor. Summit Partners […] The post Summit Partners closes Fund XII on $9.5bn after just 5 months in market appeared first on AltAssets Private Equity News.

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Here's How Much Costco Executive Members Would Have to Spend to Max Out Their Cash Back Rewards

The Motley Fool

Image source: Getty Images Earning 2% cash back on the majority of your shopping is one of the best benefits of a Costco Executive membership. Many households will quickly earn enough rewards to cover the Executive membership fee and more. If you combine those rewards with a Costco credit card , you'll really be cooking with gas. There's a limit to how many Executive rewards you can rack up -- Costco caps the total at $1,250 a year.

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ATL Partners adds Lead for Value Creation to Executive Board

Private Equity Wire

ATL Partners (ATL) has added to its Executive Board with the appointment of Ted Sisko as the Lead for Value Creation, with a focus on coordinating and enhancing value creation initiatives with ATL’s portfolio companies, and operating executives. Sisko has over 25 years of senior leadership experience at some of the world’s premier private equity and management consulting firms and as well as expertise across the aerospace, transportation, and logistics sectors.

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Billionaire Peter Thiel Just Sold $1 Billion of Palantir Stock. Should You Cash Out, Too?

The Motley Fool

Peter Thiel is best known as one of the co-founders of PayPal and an early investor in Meta Platforms , then known as Facebook. After leaving PayPal, he co-founded another company, Palantir Technologies (NYSE: PLTR) , where he serves as chairman. Thiel sold over $1 billion worth of Palantir stock over the last few days of September and the first day of October, according to Securities and Exchange Commission ( SEC ) filings.

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LGT holds final close of Crown Global Secondaries VI above target at more than $7bn

Private Equity Wire

LGT Capital Partners has held the final close of its latest flagship secondaries fund, Crown Global Secondaries VI (CGS VI), at over $7bn in total capital commitments exceeding the original target size of $6bn. Drawing on the firm’s successful investment strategy for previous secondary funds, CGS VI aims to build a broadly diversified portfolio of private equity assets, acquired through limited partnership interests and complex fund solutions.

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Want a Little More Income Out of ExxonMobil Stock? Don't Outsmart Yourself.

The Motley Fool

One of ExxonMobil 's (NYSE: XOM) defining features is its dividend -- specifically, the company's ability to increase the dividend year in and year out for 42 consecutive years despite the inherent volatility of the energy sector. But for some investors, the 3.2% dividend yield might not be compelling enough to make the integrated energy giant a buy.

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Deal Roundup: Intera Partners backs Halon, Turnspire acquires GHP Group

AltAssets

Intera Partners has invested in Halon Security, a global leader in email infrastructure software based in Sweden. This new investment will help to enable Halon to accelerate its global expansion and continue leading innovation in carrier-grade email solutions. An affiliate of Turnspire has acquired GHP Group, a leading designer and supplier of consumer outdoor living […] The post Deal Roundup: Intera Partners backs Halon, Turnspire acquires GHP Group appeared first on AltAssets Private Equ

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Could Palantir Stock Help You Become a Millionaire?

The Motley Fool

When it comes to growth potential, Palantir (NYSE: PLTR) attracted increased attention in recent months. The generative AI capabilities of its Artificial Intelligence Platform, better known as AIP, delivered massive productivity gains to customers. Indeed, some of that benefit should accrue to shareholders. The question is whether that gain is sufficient to deliver a 100-fold gain that might help smaller investors, an amount that could turn a $10,000 investment into $1 million or more.

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Sidley adds PE finance team in London

Private Equity Wire

Law fim Sidley Austin LLP has named the private equity finance team of Jay Sadanandan, Sam Hamilton, Fergus O’Domhnaill, Joe Kimberling, and Ben Wright as partners in the firm’s Global Finance practice in London. The group joins Sidley from Latham & Watkins, with Sadanandan and Hamilton serving as Global Co-Heads of the firm’s Leveraged Finance practice.

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2 Magnificent Stocks That Turned $20,000 Into $4.5 Million in 10 Years

The Motley Fool

The great thing about investing is you don't need to start with a big fortune to eventually build a portfolio worth a life-changing amount of money. It is challenging, of course, to find in advance the big growth stocks that can generate those kinds of transformational returns. But the one key ingredient that is usually necessary is patience: Significant gains don't often come quickly.

Stakes 246
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PE-backed K2 Insurance refinances private credit debt with $500m leveraged loan

Private Equity Wire

K2 Insurance Services has joined the growing list of companies looking to reduce borrowing costs by swapping private credit debt for leveraged loans by initiating $500m refinancing deal, according to a report by Bloomberg. The report cites unnamed sources familiar with the matter as confirming that the deal, led by JPMorgan Chase & Co, aims to replace the existing privately placed debt and fund a dividend payout.

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Warren Buffett Has a $277 Billion Treasure Chest -- and This Is the 1 Stock I'd Guarantee He Purchased in the 3rd Quarter

The Motley Fool

For almost 60 years, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) CEO Warren Buffett has left professional and everyday investors in awe. Without the aid of fancy trading algorithms or specialized software, the "Oracle of Omaha" has consistently located plain-as-day value and absolutely crushed the benchmark S&P 500 in the return column. The greater than 5,500,000% cumulative gain in Berkshire Hathaway's Class A shares (BRK.A) since Buffett became CEO has earned him quite the following.

Stakes 246
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Blackstone targeting $10bn for new Asia-focused PE fund

Private Equity Wire

Global private investment giant Blackstone Inc has launched a new Asia-focused private equity (PE) fund – its third Asia-buyout fund – with a fundraising target of at least $10bn, according to a report by Reuters. The report cites unnamed sources familiar with the matter as revealing that while the majority of capital will be earmarked for investments in India, China, will not be a focus market for the new fund.

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Up More Than 540% in Just 3 Months, Can Lumen Technologies Stock Still Go Higher?

The Motley Fool

One stock that looked like it was dead in the water last year was Lumen Technologies (NYSE: LUMN). The telecom company had a lot of debt, suspended its dividend, its financials looked awful, and the stock had been in free fall. It looked like an incredibly risky investment to own. Although those problems remain, as with anything these days, artificial intelligence (AI) and any related news can prove to be transformative for a stock -- even a risky one.

Debt 246