Sat.Oct 12, 2024

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2025's Social Security COLA Has a Huge Silver Lining for Retirees

The Motley Fool

For months, there's been speculation about Social Security's 2025 cost-of-living adjustment (COLA). And at long last, seniors have an answer. On Oct. 10, the Social Security Administration announced that benefits would be rising by 2.5% in the new year. That's in line with recent projections. But it might also read like a disappointment compared to recent COLAs.

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10 Weekend Reads

The Big Picture

The weekend is here! Pour yourself a mug of Los Brasiles coffee, grab a seat outside, and get ready for our longer-form weekend reads: • Mossad’s pager operation: Inside Israel’s penetration of Hezbollah : New details emerge of Israel’s elaborate plan to sabotage Hezbollah communications devices to kill or maim thousands of its operatives. ( Washington Post ) • How to win a Nobel prize : What subjects have past winners studied?

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Trending Sources

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The Newest Artificial Intelligence Stock Has Arrived -- and It Claims to Make Chips That Are 20x Faster Than Nvidia

The Motley Fool

The artificial intelligence chipmaker Nvidia (NASDAQ: NVDA) has amassed close to a $3.2 trillion market cap, making it one of the world's largest chipmakers. It now consumes more than 6% of the broader benchmark S&P 500 index. Over the last five years, Nvidia has grown annual revenue by 458% and the stock is up an incredible 2,009%. Given the potential for AI to disrupt life as we know it, it's understandable that investors are so excited about the stock.

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3i searches for next ‘gem’ as short seller circles

Financial Times M&A

The UK’s oldest buyout group has become heavily dependent on Dutch retailer Action that makes up two-thirds of its portfolio by value

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1 Growth Stock Down 95% to Buy Right Now

The Motley Fool

Like bargains? Most people do, particularly when the bargain in question is a stock. Why pay more when paying less gives you more bang for your investment buck? Growth investors who don't mind taking on more risk in exchange for more potential reward should take a look at Opendoor Technologies (NASDAQ: OPEN). Shares are down 95% from their all-time high, and while that decline occurred for understandable reasons, the sellers have arguably overshot their target.

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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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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 Magnificent Dividend Stocks That I'm "Never" Selling

The Motley Fool

As a long-term dividend-focused investor, I face the very real risk that I end up falling in love with a stock. That could lead me to miss important cues if (or perhaps when) a company's business falters. However, I've sold great companies before (one is on this list) and regretted it, which is why I'm planning to never sell Realty Income (NYSE: O) , Procter & Gamble (NYSE: PG) , and Hormel Foods (NYSE: HRL).

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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 Artificial Intelligence (AI) Stock-Split Stock Set to Join Nvidia, Apple, Microsoft, Amazon, Alphabet, and Meta in the $1 Trillion Club

The Motley Fool

Each of the six publicly traded companies with a market capitalization exceeding $1 trillion has played a significant role in the advancement and development of artificial intelligence (AI). Four of them have split their stocks in the last five years. It might not be long before another AI stock-split stock joins the ranks. Broadcom (NASDAQ: AVGO) has emerged as a key supplier of AI data-center chip designs, complementing its other semiconductor designs and enterprise-software business.

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KKR to Present at the Barclays Global Financial Services Conference

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) announced today that Raj Agrawal, Partner and Global Head of Infrastructure, will present at the Barclays Global Financial Services Conference on Monday, September 9, 2024 at 9:45 AM ET. A live webcast of the presentation will be available on the Investor Center section of KKR’s website at [link] For.

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Will Lower Rates Turn AGNC Investment Into a Great Income Stock?

The Motley Fool

AGNC Investment (NASDAQ: AGNC) looks like an income stock, but it doesn't actually behave like one. Or at least not one that most dividend-focused investors will want to own. And while falling interest rates will likely be a net benefit to the business, the improving environment won't be enough to turn this roughly 14% ultra-high-yield stock into one that a dividend investor will want to buy.

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KKR-Mirastar Acquires Portfolio of Five Prime Logistics assets across the UK from PLP

KKR

London, 3 September 2024 – KKR and Mirastar, KKR Real Estate’s industrial and logistics platform in Europe, have completed the off-market acquisition of a prime UK logistics portfolio from PLP, totalling 890,364 square feet across five assets. The portfolio is currently 80% let, with a weighted average lease term to break of 10 years. The assets provide best-in-class specifications, including BREEAM Very Good certifications and EPC A+ ratings.

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Energy Transfer: Buy, Sell, or Hold

The Motley Fool

Energy Transfer (NYSE: ET) stock has had a solid run recently. The stock has risen by over 17% this year and has about doubled since the end of 2021. Given that solid performance, investors may be wondering if the stock is a buy, sell, or hold at this point. Let's take a look at each case. The buy case for Energy Transfer There are a number of facets to the bull case for Energy Transfer.

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Axel Springer Announces New Corporate Structure to Unlock Future Growth Potential

KKR

Berlin, September 19, 2024 – Axel Springer SE (“Axel Springer”) today announced a strategic decision to create a new corporate structure for the company, with a goal to create a focused media company and separately held classifieds businesses. The new corporate structure is designed to position all businesses for optimal future growth potential and success in their respective markets.

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3 Stocks That Could Double Over the Next 2 Years

The Motley Fool

Sometimes Wall Street is slow to award companies the valuation they deserve based on positive trends happening in the business. Investors who buy reasonably valued stocks ahead of sharp increases in their earnings can see substantial gains on their investment. To aid your search, a group of Motley Fool contributors recently selected three stocks they believe can double in value, or get close to it, within two years.

Debt 245
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KKR Closes $4.6 Billion Ascendant Fund

KKR

The Fund is the first of its kind at KKR, targeting the large and fragmented North American middle market KKR to support implementation of broad-based employee ownership and engagement programs in all control investments in the Fund NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced the final closing of KKR Ascendant Fund SCSP (“Ascendant” or the “Fund”), a $4.6.

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Want Decades of Passive Income? Buy This Index Fund and Hold It Forever

The Motley Fool

While some investors enjoy the process of investing in individual stocks, it's not for everyone. You may not have time to research each company or can't stand the potential volatility. However, investing is still one of the best ways to accumulate wealth. Luckily, there are many ways to invest, some of which require very little work while generating passive income.

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KKR Announces Intra-Quarter Monetization Activity Update for the Third Quarter

KKR

NEW YORK--(BUSINESS WIRE)-- KKR today announced income from monetization activity in excess of $535 million with respect to the period from July 1, 2024 through September 23, 2024 based on information available as of today. In its Asset Management segment, KKR has earned total realized performance income and realized investment income in excess of $450 million.

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You Won't Believe What Billionaire Investor Chamath Palihapitiya Just Said About Palantir

The Motley Fool

Beyond the giants of big tech, one company that has emerged as a rising star in the artificial intelligence (AI) market is data analytics specialist Palantir Technologies (NYSE: PLTR). Its shares have gained about 140% year to date as they approach a new all-time high. Bringing AI systems to the world of enterprise software has been a winning move for Palantir.

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KKR Releases “An Alternative Perspective: Past, Present, and Future”

KKR

New Report Highlights the Private Alternatives Sector’s Expansion Beyond Private Equity and Potential for Future Growth NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today released “An Alternative Perspective: Past, Present, and Future,” a new Insights piece by Henry McVey, CIO of KKR’s Balance Sheet and Head of Global Macro and Asset Allocation (GMAA).

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Social Security 2025 COLA: Here's Exactly How Much Retirees Are Getting

The Motley Fool

Now that September's inflation data has been revealed, the Social Security Administration has officially announced the 2025 cost-of-living adjustment, or COLA. In this video, Matt Frankel, CFP®, discusses exactly how much it is and what it means to the millions of Social Security recipients in the United States. 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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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.

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Should You Retire in Vermont?

The Motley Fool

If you're thinking of relocating in retirement , you might want to consider Vermont as a possible destination -- because it has a lot of what many people love. For example, if you love the great outdoors, you'll enjoy the vivid four seasons in Vermont, replete with opportunities to hike, camp, fish, kayak, ski, and more. (Even if you just love driving through picturesque small towns and stopping for ice cream, you'll be good.

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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.

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Warren Buffett and Cathie Wood Agree: This Growth Stock Is a Buy

The Motley Fool

Warren Buffett and Cathie Wood typically don't agree on much when it comes to assembling a portfolio. Only rarely have they owned the same company. But there's one growth stock that both of these investors love -- Latin American fintech Nu Holdings (NYSE: NU) -- so much so that they have invested nearly $1.5 billion combined into the business. And yet many investors have never heard of this company.

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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.

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Billionaires Are Deciding to Sell This Popular Cryptocurrency

The Motley Fool

The good news for Ethereum (CRYPTO: ETH) investors is that the world's second-most-popular cryptocurrency is still up a modest 6% for the year. The bad news, though, is that the price of Ethereum is down nearly 25% over the past three months. Moreover, Ethereum is significantly underperforming Bitcoin (CRYPTO: BTC) , which is up 50% for the year. As a result, billionaire fund managers appear to be selling off their positions in Ethereum, signaling that a recovery may not be happening anytime soo

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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.

Debt 40
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Could Shopify Be a Millionaire-Maker Stock?

The Motley Fool

Shopify (NYSE: SHOP) stock is down 51% from its all-time highs back in 2021. But after encountering some obstacles on its upward trajectory, it looks like it's back in action. It has tremendous growth drivers and a powerful e-commerce platform , and it's finally profitable again. Does Shopify stock have what it takes to turn investors into millionaires?

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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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2 Magnificent Stocks to Buy That Are Near 52-Week Lows

The Motley Fool

While some companies are still riding bull market tailwinds, others are struggling to adapt to shifting consumer sentiment. When share prices are down, current and prospective investors should examine the business behind those movements to determine whether the sell-off is warranted. Ultimately, the right stocks for your portfolio will depend on numerous factors, including your risk tolerance level, investment interests, and long-term investment goals.

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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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2 Biotech Stocks That Are Screaming Buys This Month

The Motley Fool

CRISPR Therapeutics (NASDAQ: CRSP) and Moderna (NASDAQ: MRNA) have much in common. They're both innovative biotechs working in relatively newer niches of this booming industry. However, they've moved in the wrong direction this year. CRISPR's shares are down by 27% year to date, and Moderna's are down by 41%. Regardless of their performances so far in 2024, both stocks are worth investing in this month.

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