Sat.Mar 16, 2024

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Nvidia Just Dropped Great News for Super Micro Computer Stock

The Motley Fool

Share prices of Super Micro Computer (NASDAQ: SMCI) took off in the past year, gaining 1,180% as of this writing, and a big reason behind the stock's red-hot surge is the booming demand for Nvidia 's (NASDAQ: NVDA) artificial intelligence (AI) graphics cards. Supermicro's modular server rack-scale systems are being used to mount AI-related graphics cards from Nvidia , as well as other chipmakers.

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Why the UK watchdog is eyeing the big business of pets and vets

Financial Times M&A

Private equity has piled into a lucrative industry that is consolidating fast

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Dollar Tree to Close 1,000 Stores. Watch Out for Bargains

The Motley Fool

Image source: The Motley Fool/Upsplash Dollar Tree's decision to close almost 1,000 Family Dollar stores is somewhat of a mixed bag for consumers. On one hand, it could mean fewer affordable shopping options for people who have come to rely on their local Family Dollar. On the other, everything-must-go sales will push Family Dollar's already low prices even lower.

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10 Weekend Reads

The Big Picture

The weekend is here! Pour yourself a mug of coffee, grab a seat by the fire, and get ready for our longer-form weekend reads: • How a Physics Whiz Made a Fortune Betting on Nature’s Catastrophes : John Seo used his scientific knowledge to develop a winning formula for trading catastrophe bonds — a market that’s booming thanks to climate change and inflation. ( Bloomberg Green ) • How neuroscience can help you make tough decisions – with no regrets : Most people are too risk-averse when it

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U.S. Oil Companies Produced More Oil Than any Country in History Last Year. Here Are 3 Top Oil Stocks to Buy Now

The Motley Fool

The U.S. produced 12.9 million barrels of oil per day (BPD) last year. That was the most crude oil produced by any country in history (and well ahead of rivals Russia, with 10.1 million BPD, and Saudi Arabia's 9.7 million BPD). It shattered the country's previous record of 12.3 million BPD in 2019. The country's output also reached a record high of 13.3 million BPD in December.

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KKR acquires two Multi-Family blocks at Wembley Park from Quintain

KKR

London, 22 January 2024 – KKR, a leading global investment firm, today announces the acquisition of two high-quality, purpose Build-to-Rent (BtR) multi-family buildings from Quintain, the developer and asset manager behind Wembley Park, for an undisclosed sum.

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KKR Provides Global Accounts Receivable Facility to Weber LLC

KKR

NEW YORK--(BUSINESS WIRE)-- KKR today announced that its private credit funds and accounts have provided a non-recourse accounts receivable financing for Weber LLC (“Weber”), the global leader in outdoor cooking products, innovation, and technology, to support the company’s operations and strategic investments in long-term growth. The initial $200 million facility is collateralized by certain.

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3 Top Dividend Stocks to Buy Right Now

The Motley Fool

The major market indexes have surged to new highs as growth stocks take the spotlight once again. However, many investors like to have some passive income to get by when the inevitable dip occurs. Here's why three Motley Fool contributors believe PepsiCo (NASDAQ: PEP) , Williams-Sonoma (NYSE: WSM) , and Starbucks (NASDAQ: SBUX) are great dividend stocks to buy right now.

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Optio Investment Partners, Kennedy Lewis Investment Management and KKR announce multi-year financing agreement

KKR

Stockholm and London, 23 January, 2024 – Optio Investment Partners (“Optio”), an innovative credit platform, Kennedy Lewis Investment Management (“Kennedy Lewis”), a leading alternative credit manager, and KKR, a leading global investment firm, today announced a multi-year, multi-jurisdiction agreement. Under this agreement, Kennedy Lewis and KKR will provide asset-based funding to support the Optio Auto Evolution strategy, driving next generation auto financing.

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Is It Too Late to Buy CRISPR Therapeutics Stock?

The Motley Fool

CRISPR Therapeutics (NASDAQ: CRSP) is gaining in prominence. The gene-editing specialist has made tremendous clinical and regulatory progress since its 2016 initial public offering, leading to market-beating returns even if it hasn't always been smooth sailing. And there may yet be plenty of upside left for the company. Gene editing could help revolutionize how we treat many challenging conditions -- and the frontrunners in the field will likely be well-rewarded.

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KKR Closes US$6.4 Billion Asia Pacific Infrastructure Investors II Fund

KKR

Fund is largest pan-regional infrastructure fund to have been raised for Asia Pacific More than half of the Fund already invested or committed across ~10 investments HONG KONG--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced the final close of KKR Asia Pacific Infrastructure Investors II SCSp (the “Fund”), a US$6.4 billion fund focused on infrastructure-related.

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The Ultimate Cryptocurrency to Buy With $1,000 Today

The Motley Fool

There are thousands of cryptocurrencies in circulation today. And while they all appear alluring and parade the possibility of creating life-changing wealth, the reality is that an investment in Bitcoin (CRYPTO: BTC) remains the most simple and straightforward strategy to gain exposure to the burgeoning asset class. This pick won't win any points for originality, but the data and its near-spotless track record speaks for itself.

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ContourGlobal appoints Antonio Cammisecra as Chief Executive Officer

KKR

London, 5 February 2024 – ContourGlobal Ltd. (“ContourGlobal”), a developer, owner and operator of power generation assets around the world, today announces the appointment of Antonio Cammisecra as CEO, effective 2 February, 2024.

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Jensen Huang Just Said "Humanoid Robotics Should Be Right Around the Corner." Here's How Nvidia Could Benefit.

The Motley Fool

When it comes to artificial intelligence (AI), applications in machine learning, large language models, and compute networking garner most of the attention. But what investors may not realize is that use cases packaged around AI are evolving in real time. One area that is getting particular interest is robotics. Indeed, companies such as Amazon and Alibaba have implemented robotics throughout their warehouses for years, creating efficiencies as it relates to packaging and logistics.

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KKR & Co. Inc. Reports Fourth Quarter 2023 Results

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) today reported its fourth quarter 2023 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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Could BigBear.ai Become the Next Palantir?

The Motley Fool

When BigBear.ai (NYSE: BBAI) went public by merging with a special purpose acquisition company (SPAC) in December 2021, it bore a striking resemblance to Palantir Technologies (NYSE: PLTR) , which went public through a direct listing in September 2020. Both analytics companies helped government and enterprise customers aggregate data from disparate sources to make smarter decisions.

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KKR to Present at the Bank of America Securities Financial Services Conference 2024

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) announced today that Robert H. Lewin, Chief Financial Officer, will present at the Bank of America Securities Financial Services Conference 2024 on Wednesday, February 21, 2024 at 10:30AM 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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3 Signs Retiring at Age 62 Isn't a Smart Move for You

The Motley Fool

Age 62 is the earliest age you can sign up for Social Security. Because of this, you may be thinking of filing for benefits as early as possible and bringing your career to a close. But retiring at age 62 carries some risk -- whether you claim Social Security at that age or not. Here are a few signs that 62 is not a great age for you to retire. Image source: Getty Images. 1.

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KKR’s Henry McVey Says Leading Family Offices Plan to Allocate More to Alternatives in 2024

KKR

New Asset Allocation Report Based on Proprietary Survey Highlights the Growth Ambitions of Family Offices NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today released “Loud and Clear,” a new Insights piece by Henry McVey, CIO of KKR’s Balance Sheet and Head of Global Macro and Asset Allocation (GMAA). Based on a proprietary survey of more than 75 Chief Investment Officers.

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5 SPDR ETFs That Could Help You Retire a Millionaire

The Motley Fool

There are countless exchange-traded funds (ETFs) to choose from. You can invest in everything from bitcoin to pet care. Yet for my money, some of the best ETFs out there are the SPDR ETFs, run by S&P Global. Let's have a look at five of my favorites, which could help investors grow their nest eggs to a cool $1 million -- or more. Image source: Getty Images.

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KKR Leads Financing for Clarience Technologies’ Acquisition of Safe Fleet

KKR

NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that it served as Lead Arranger, Administrative Agent, and investor on a debt financing for Clarience Technologies’ Acquisition of Safe Fleet. KKR invested in the transaction through its credit vehicles and accounts. KKR Capital Markets acted as Left Lead Arranger and Joint Bookrunner on the transaction.

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Will Oracle Be a Trillion-Dollar Stock by 2030?

The Motley Fool

Oracle (NYSE: ORCL) was once considered a slow-growth tech giant, but its stock has rallied more than 140% over the past five years and recently hit an all-time high. That rally lifted its market cap to about $350 billion -- but it's still a lot smaller than trillion-dollar leaders Microsoft (NASDAQ: MSFT) , Apple , Amazon (NASDAQ: AMZN) , and Alphabet.

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KKR to Acquire Broadcom’s End-User Computing Division

KKR

MENLO PARK, Calif.--(BUSINESS WIRE)-- KKR today announced the signing of a definitive agreement with Broadcom Inc. (NASDAQ: AVGO) to acquire its End-User Computing Division (the “EUC Division”) in a transaction valued at approximately $4 billion. Upon closing of the transaction, the EUC Division will become a standalone company, with greater access to growth capital and a dedicated strategic.

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3 Things You Need to Know From Virgin Galactic's Earnings Call

The Motley Fool

Space tourism company Virgin Galactic (NYSE: SPCE) reported full-year 2023 earnings at the end of February. This closed out a "record" year for spaceflight, in which the company flew its VSS Unity spaceplane seven times, and tripled its annual revenue. And what did this mean for the company's multi-year history of losing money and burning cash? Losses increased by $2 million, and cash burn grew by 24%, to $492.5 million.

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KKR Appoints Ruchir Swarup as Chief Information Officer

KKR

NEW YORK--(BUSINESS WIRE)-- KKR today announced the appointment of Ruchir Swarup as a Partner and Chief Information Officer, effective immediately. In this role, Mr. Swarup will be responsible for driving KKR’s technology strategy and vision. Based in New York, Mr. Swarup will lead the firm’s efforts to embrace new technologies and scale existing technology to create efficiencies and reduce.

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This Artificial Intelligence (AI) Company Has Returned Nearly 5,830% in Just Five Years and Is Headed for the S&P 500. Is It Too Late to Buy?

The Motley Fool

Perhaps the biggest business powering the markets right now is artificial intelligence (AI). It seems that every software developer is eager to cash in on AI euphoria, and technology stocks are reaping the benefits. As the S&P 500 and Nasdaq Composite trade at record levels, my eyes have been on one stock in particular. The best part? It's not in the "Magnificent Seven.

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HarbourView Equity Partners Secures Close to $500 Million in Debt Financing from KKR and Other Investors to Expand Music Investment Opportunities

KKR

NEWARK, N.J.--(BUSINESS WIRE)--HarbourView Equity Partners (HarbourView), an industry-leading alternative asset management company focused on investment opportunities in the sports, media and entertainment space, has secured approximately $500 million in debt financing through a private securitization backed by its diversified catalog of music royalties.

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What's the Best Way to Invest in Stocks Without Any Experience? Start With This ETF.

The Motley Fool

Are you looking to make your foray into the stock market but don't know where to start? Maybe you're nervous or even a little intimidated by its apparent complexity? Don't sweat it. Seriously. It's not nearly as complicated as it seems at first. Making your very first stock pick doesn't have to be a nerve-racking ordeal, either. In fact, the best first pick for any first-time investor is an exceedingly simple one -- just plug into the overall market by stepping into the SPDR S&P 500 ETF Trus

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KKR to invest in Encavis AG to accelerate the Company’s long-term growth

KKR

KKR announces the signing of an Investment Agreement with Encavis as part of a takeover offer. The Management Board and the Supervisory Board of Encavis are fully supportive of the strategic partnership and intend to recommend that all shareholders accept the offer.

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Could AMD Become the Next Nvidia?

The Motley Fool

Nvidia 's (NASDAQ: NVDA) stock price nearly quadrupled over the past 12 months as its clients ramped up their orders for its high-end data center graphics processing units (GPUs) to help them take on complex artificial intelligence (AI) tasks. The soaring popularity of generative AI platforms like OpenAI's ChatGPT caused the market's demand for new GPUs to outstrip its available supply, and analysts expect the chipmaker's revenue to surge 81% in fiscal 2025 (which ends in January 2025).

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KKR to support Ottobock with capital solution

KKR

London and Frankfurt, 15 March, 2024 – KKR, a leading global investment firm, announces today that a consortium of investors, co-led by KKR, has agreed to provide a €1.1 billion financing solution to support the future growth of Ottobock (the “Company”), a global market leader in prosthetics. The financing will also support existing majority shareholder Professor Hans Georg Näder and the Näder Family’s buy back of EQT’s shareholding in the business.

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Should You Take Social Security at 62 or 70? Here's What Research Says

The Motley Fool

Social Security benefits are vital to the finances of tens of millions of U.S. seniors. In fact, more than 40% of baby boomers say their monthly checks will be their primary source of retirement income, according to a 2023 report from the Transamerica Center for Retirement Studies. When it comes to maximizing the size of your monthly Social Security checks, the age at which you begin taking them is one of the most important factors.

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KKR acquires two Multi-Family blocks at Wembley Park from Quintain

KKR

London, 22 January 2024 – KKR, a leading global investment firm, today announces the acquisition of two high-quality, purpose Build-to-Rent (BtR) multi-family buildings from Quintain, the developer and asset manager behind Wembley Park, for an undisclosed sum.

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3 Unstoppable Technology Stocks to Take You From Next to Nothing to $500,000 and Beyond

The Motley Fool

Finding quality stocks to buy isn't too terribly tough for most investors. Finding stocks that could turn practically nothing into half a million bucks within one lifetime, however, does have its challenges. Potential candidates are likely to be found within the tech sector, since technology is ultimately at the heart of most major sociocultural advancements.