Wed.Oct 16, 2024

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Warren Buffett Owns 2 Index Funds That Could Soar 158%, According to a Top Wall Street Analyst

The Motley Fool

Warren Buffett has served as the CEO of Berkshire Hathaway since 1965. He oversees a portfolio of 45 publicly traded stocks and securities worth $316 billion, plus a $277 billion cash pile and several private, wholly owned businesses. Under Buffett's leadership, Berkshire stock has delivered a compound annual return of 19.8% over the last 59 years, which could have turned an investment of $1,000 into more than $42 million.

Funds 246
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STS Aviation Group Switches Sponsors

Private Equity Professional

Greenbriar Equity Group has completed the sale of STS Aviation Group to H.I.G. Capital. STS Aviation Group provides nose-to-tail maintenance, repair, and overhaul (MRO) services, aircraft base and line maintenance, aircraft parts sales and distribution, aircraft repairs and modifications, aerospace engineering services, and workforce and staffing management.

Buyout 130
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Social Security's 2025 Cost-of-Living Adjustment (COLA) Comes With Bad News and Worse News for Retirees

The Motley Fool

Many retired workers are struggling with rising prices. Gallup reports that a record number of Americans cited inflation as a source of financial hardship in 2024, and a recent survey from the Employee Benefit Research Institute found that over half of retirees worry they will need to make substantial spending cuts to keep up with inflation. Consequently, Social Security's 2025 cost-of-living adjustment (COLA) has become a focal point for many seniors.

Education 246
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Acquisitive Precinmac Purchased by Centerbridge

Private Equity Professional

Precinmac , a manufacturer of high-complexity precision parts, has agreed to be acquired by Centerbridge Partners. Precinmac manufactures precision components and assemblies used in aerospace, defense, space, semiconductor, and industrial markets. The company’s capabilities include precision milling and turning, multi-axis machining, molding and grinding, close tolerance fabrication, and complex geometries.

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Why NuScale Power Stock Soared to an All-Time High Today

The Motley Fool

Shares of NuScale Power (NYSE: SMR) , a nuclear energy company that makes small modular reactors (SMRs), were soaring Wednesday on reports that Amazon (NASDAQ: AMZN) is interested in using that type of reactor to meet the energy needs of its data centers. NuScale surge also seemed to be getting enhanced by a short squeeze, as a significant percentage of the company's stock is sold short.

Bidding 246
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Uber explored possible bid for Expedia in ‘super app’ growth push

Financial Times M&A

Buying the travel website would be the ride-hailing group’s biggest deal as it looks to diversify

Bidding 107
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Why Cameco, Denison Mines, and Energy Fuels Stocks All Popped on Wednesday

The Motley Fool

Uranium mining stocks surged higher on Wednesday, with industry bellwether Cameco (NYSE: CCJ) rising 8.2% through 2:11 p.m. ET, Denison Mines (NYSEMKT: DNN) doing even better with a 14.7% gain, and smaller Energy Fuels (NYSEMKT: UUUU) performing best of all -- up 17%. Investors are betting on a resurgence in demand for nuclear energy, and their optimism is not without reason as tech giants like Microsoft (NASDAQ: MSFT) , Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) , and Amazon.com (NASDAQ: AMZN) are

Prospects 246

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Is a Living Trust Really the Best Way 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. Figuring out who will inherit your assets after your passing can be a tricky and emotional process. But it's important to go through those motions so you can be assured that your wishes will be carried out.

Legal 246
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‘It’s boom time’: Renewable growth is faster in the global south than in rich countries

Financial Times: Moral Money

Energy consultancy RMI says emerging economies could overtake rich nations

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Warren Buffett Is Buying Shares of This Legal Monopoly Hand Over Fist

The Motley Fool

When billionaire Warren Buffett speaks, Wall Street tends to pay very close attention. In his nearly six decades as CEO of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) , he's overseen close to a 5,600,000% cumulative return in his company's Class A shares (BRK.A). Few money managers have been able to consistently outpace the benchmark S&P 500 (SNPINDEX: ^GSPC) quite like Buffett.

Legal 246
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Morgan Stanley third-quarter profits rise 32% to $3.2bn

Financial Times - Banking

Figures beat estimates as investment banking recovers

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Billionaire Steven Cohen Sold 87% of Point72's Stake in Nvidia and Is Piling Into This Supercharged Stock-Split Stock

The Motley Fool

Investors are never at a loss for data on Wall Street. With thousands of publicly traded companies reporting their operating results every three months, and economic data rolling out with regularity, it can be easy for something important to slip through the cracks. On Aug. 14, arguably the most important data dump of the entire third quarter occurred -- and there's a possibility you missed it.

Stakes 246
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Grant Thornton: Profit Forecast Remains Steady Amid Shaky Economic Outlook

Private Equity Professional

A new survey from Grant Thornton reveals that despite a significant drop in confidence, chief financial officers (CFOs) still anticipate profit growth. Grant Thornton’s Q3 2024 CFO survey engaged more than 230 senior finance leaders and found that 79% expect growth in net profits over the next 12 months — a 10-quarter high for the survey. However, the percentage expecting growth over 20% fell amid ongoing economic and political volatility.

Financing 100
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3 Artificial Intelligence (AI) Stocks That Could Make You a Millionaire

The Motley Fool

Nvidia (NASDAQ: NVDA) minted a lot of millionaires during the past decade as the growth of the artificial intelligence (AI) market generated fierce tailwinds for the GPU maker's data center business. But with a market capitalization of $3.3 trillion, it could be tough for Nvidia to deliver more millionaire-making gains over the next few years. Nvidia is still a solid investment, but investors seeking millionaire-making gains should probably focus on smaller companies that still have plenty of ro

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Mill Point Closes Oversubscribed Fund III

Private Equity Professional

Mill Point Capital has successfully closed Mill Point Capital Partners III LP with approximately $1.7 billion in total capital commitments. Fund III, which was raised in less than five months, was oversubscribed and closed at its hard cap. The limited partners in Fund III include endowments, foundations, government and corporate pension plans, insurance companies, family offices, and funds of funds.

Funds 100
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Should You Buy Meta Stock Before Oct. 30?

The Motley Fool

The social media giant is adding hundreds of millions of new users while increasing engagement from the existing user base. *Stock prices used were the afternoon prices of Oct. 14, 2024. The video was published on Oct. 15, 2024. Don’t miss this second chance at a potentially lucrative opportunity Ever feel like you missed the boat in buying the most successful stocks?

Returns 246
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Advent International prepares takeover bid for Tate & Lyle

Financial Times M&A

Shares in UK ingredients group jump

Bidding 90
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Warren Buffett Sent Wall Street a $93 Billion Warning. History Says the Stock Market Will Do This Next

The Motley Fool

Warren Buffett took control of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) in 1965, and its Class A share price has since increased 5,500,000%. Meanwhile, the S&P 500 (SNPINDEX: ^GSPC) has returned 38,400%. Inspired by that outperformance, many investors carefully track the stocks Buffett buys and sells using the Forms 13F filed quarterly by Berkshire.

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Palladio Partners restructures top team after sudden death of co-founder Michael Rieder

AltAssets

Real assets-focused investor Palladio Partners has restructured its executive team in the wake of the sudden death of co-founder Michael Rieder earlier this month. The post Palladio Partners restructures top team after sudden death of co-founder Michael Rieder appeared first on AltAssets Private Equity News.

Assets 88
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Eli Lilly vs. Novo Nordisk: Which Weight Loss Stock is The Better Opportunity Over The Next 10 Years?

The Motley Fool

Glucagon-like peptide-1 (GLP-1) agonists have taken the healthcare world by storm, emerging as mainstream treatments for patients with diabetes or obesity. Some of these medications include Novo Nordisk 's (NYSE: NVO) Ozempic, Wegovy, Rybelsus, and Saxenda, and Eli Lilly 's (NYSE: LLY) Mounjaro and Zepbound. Below, I'll dig into which pharmaceutical stock I think is the better buy for the long run.

Prospects 246
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BHP chief sparks fresh Anglo bid speculation after South Africa trip

Financial Times M&A

Mike Henry and miner’s M&A executive met with government officials as standstill period expires next month

Bidding 85
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Cryptocurrencies Are the Future of Investing, According to Charles Schwab's Latest Survey. Here's What That Means for Savvy Investors.

The Motley Fool

Cryptocurrency has long been regarded as a speculative asset class with an uncertain future, often viewed with skepticism by traditional investors. However, as the industry evolves and more data emerges, it's becoming increasingly clear that the tides are changing, and crypto isn't going anywhere anytime soon. No longer just fringe assets discussed in niche circles, cryptocurrencies are becoming a cornerstone of modern portfolios.

Investors 246
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Deal Roundup: Platinum-backed Ingram Micro eyes $5.4bn valuation through IPO, General Atlantic buys into Bridgepoint’s Kyriba

AltAssets

Platinum Equity-backed IT distribution specialist Ingram Micro is eyeing a valuation of up to $5.42bn through a return to the public markets. The post Deal Roundup: Platinum-backed Ingram Micro eyes $5.4bn valuation through IPO, General Atlantic buys into Bridgepoint’s Kyriba appeared first on AltAssets Private Equity News.

Returns 85
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The Numbers Make It Abundantly Clear: This Is 1 Elite-Dividend Stock

The Motley Fool

Enterprise Products Partners (NYSE: EPD) is in the upper echelon of dividend stocks. It stands out for the attractiveness of its dividend and the financial metrics backing its payout. It's on such a sound financial foundation that investors can rely on its high-yielding distribution payments. Here's a closer look at how the master limited partnership (MLP) stands out among the dividend elite.

Capital 246
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Vista Credit Partners provides insurtech Zinnia with $300m in strategic financing

Private Equity Wire

Zinnia, a life and annuity (L&A) insurance technology company, has secured $300m in financing from Vista Credit Partners, the private credit subsidiary of Vista Equity Partners focused on the enterprise software, data, and technology markets. The new financing will be used to accelerate Zinnia’s go-to-market strategy. Zinnia delivers end-to-end solutions that power over 50% of the digital annuity volume in the US.

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Prediction: This Will Be Wall Street's First $5 Trillion Stock

The Motley Fool

There are six publicly traded companies with trillion-dollar valuations. With a market cap of roughly $1.9 trillion, Amazon (NASDAQ: AMZN) is the fifth-most-valuable company in the world, trailing peers including Apple , Microsoft , Nvidia , and Alphabet. For now, Apple, Microsoft, and Nvidia are steadily in the lead as each boasts a market cap in excess of $3 trillion.

Prospects 246
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The problem with 360-degree performance reviews

Financial Times - Banking

Investment banks’ favourite employee evaluation tool is easily gamed and frequently undermined

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Better Semiconductor Stock: AMD vs. Intel

The Motley Fool

Many semiconductor stocks have enjoyed price gains over the past year thanks to soaring interest in artificial intelligence (AI). Thousands of leading-edge logic chips are required to operate an AI system, resulting in a surge in demand for advanced semiconductors. Two of the largest semiconductor companies in the world, based on market cap , are Advanced Micro Devices (NASDAQ: AMD) and Intel (NASDAQ: INTC).

Buyout 246
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HSBC Asset Management set to launch new private equity fund next month

AltAssets

HSBC Asset Management is prepping for the launch of its latest Vision Private Equity fund, which is expected to start being marketed to LPs next month. The post HSBC Asset Management set to launch new private equity fund next month appeared first on AltAssets Private Equity News.

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Why I Keep Buying These 14 Incredible Growth Stocks

The Motley Fool

Investing in individual growth stocks can be a rollercoaster ride, but the potential rewards can be substantial. Since the 2008 financial crisis, numerous growth stocks have significantly outperformed passive index funds. Some standout performers have even delivered returns exceeding 1,000% in less than five years. Nvidia (NASDAQ: NVDA) , the chipmaker at the heart of the artificial intelligence (AI) revolution, exemplifies this potential, turning a $10,000 investment into nearly $300,000 over t

Prospects 246
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Forbion powers to €2bn across new life science-focused fund pair, just a year after closing predecessor vehicles

AltAssets

Life sciences-focused venture capital major Forbion has raised more than €2bn across a pair of new funds targeting VC and growth dealmaking. The post Forbion powers to €2bn across new life science-focused fund pair, just a year after closing predecessor vehicles appeared first on AltAssets Private Equity News.

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The Best Space Stock to Invest $500 in Right Now

The Motley Fool

Many space-oriented companies went public by merging with special purpose acquisition companies ( SPACs ) in 2021. That process was simpler and faster than filing a traditional IPO, but it also allowed companies to set ambitious long-term projections, which attracted a lot of speculative investors. Unfortunately, most space-oriented SPACs went bankrupt, attracted regulatory crackdowns, pivoted toward other industries, or went private again.

Investing 246
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Apollo CEO predicts convergence of public and private markets

Private Equity Wire

Marc Rowan, CEO at Apollo Global Management, one of the world’s largest private capital providers, foresees a growing convergence between public and private markets, with private capital increasingly attracting competition from Wall Street, according to a report by Bloomberg. Speaking at the CAIS Alternative Investment Summit in Beverly Hills, Rowan emphasised that Apollo will maintain discipline as it continues to expand its assets under management.

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How Should a Beginner Invest in Stocks? 1 Simple Investment for a Lifetime of Security.

The Motley Fool

Investing can be intimidating at first. There are countless products to choose from, and many people lack formal financial education. Nevertheless, it's never been more important to save and invest. So, let's examine a straightforward way to get started and see why the decision to invest is so critical. Image source: Getty Images. Why bother investing?

Investing 246
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At The Money: Our Complicated Relationship With Cash

The Big Picture

At The Money: Our Complicated Relationship With Cash with Dr. Daniel Crosby (October 16, 2024) How can we improve our relationship with money and earning, investing and spending? Full transcript below. ~~~ About this week’s guest: Dr. Daniel Crosby is the Chief Behavioral Officer at Orion Advisor Solutions, where he helps financial advisors apply behavioral science in their practice.

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Why I'm Considering Leaning Heavily Into Pfizer

The Motley Fool

High-yield dividend stocks have long been a cornerstone of wealth-building strategies for savvy investors. Typically offering yields above 3%, these companies have consistently outperformed the S&P 500 over extended time frames when dividends are diligently reinvested. This outperformance stems from the powerful combination of accelerated compounding and the tendency for high-yield stocks to be temporarily undervalued.

Debt 246
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Stone Point to acquire majority stake in $117bn Kestra Holdings

Private Equity Wire

Private equity firm Stone Point Capital has agreed a deal to acquire a majority stake in Kestra Holdings, an independent broker-dealer with $117 billion in assets under management, buying out Warburg Pincus’s stake in the business. Kestra’s other private equity investor, Oak Hill Capital, will retain its minority stake. While the specific financial details were not disclosed, the transaction is expected to close in the first quarter of 2025.

Stakes 74