Fri.Oct 13, 2023

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2 Spectacular ETFs That Can Future Proof Your Portfolio in an AI-Driven World

The Motley Fool

Artificial intelligence (AI) could have a greater impact on society and the economy than the internet or the smartphone. It's still early days, but the technology has already showcased its ability to answer almost any question posed by users, and it can also generate text, photos, videos, and computer code on demand. Those capabilities could drive a productivity boom for businesses that could be worth a whopping $200 trillion to the global economy by 2030, according to Cathie Wood's Ark Investme

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ShoreView Industries to take tools manufacturer P&F private

PE Hub

According to terms of the deal, shareholders will receive $13 per share. The post ShoreView Industries to take tools manufacturer P&F private appeared first on PE Hub.

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Down 68%, Is It Time to Buy Pinterest Stock?

The Motley Fool

Shares of Pinterest (NYSE: PINS) have fallen 68% from the previous peak, but the image-based social media app is reporting much better growth than a year ago. Accelerating revenue growth and prospects for an improving advertising market have pushed the stock up 17% this year, but Pinterest is not out of the woods yet. Its strategy to launch shoppable ads on its platform puts it in more direct competition with Meta Platforms ' Instagram, but Pinterest has one advantage that could drive more growt

Prospects 246
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Prudent Growth Partners buys Mississippi shopping mall Indian River

PE Hub

The purchase price was $7.6 million. The post Prudent Growth Partners buys Mississippi shopping mall Indian River appeared first on PE Hub.

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4 Little-Known Perks of IRAs

The Motley Fool

Image source: Getty Images Many workers rely on their employers to provide them with a savings plan for retirement. But not every company sponsors a 401(k) plan. So if you don't have access to one, you may be thinking of opening an individual retirement account (IRA) instead. As of 2020, only about 18% of Americans had an IRA, reports the U.S. Census.

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Talent: the next gold rush in sports investing

PE Hub

Thanks to the athletes and Gen Z fans, new forms of connectivity are growing the value base of sports – it’s the cusp of a new era. The post Talent: the next gold rush in sports investing appeared first on PE Hub.

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Citation Capital shares details on debut deal for Nature’s Garden owner; EV attracts PE

PE Hub

Citation discusses acquisition of healthy snacks maker Cibo Vita. The post Citation Capital shares details on debut deal for Nature’s Garden owner; EV attracts PE appeared first on PE Hub.

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This One Thing Can Hugely Impact Your Retirement. Here's How to Prepare

The Motley Fool

Image source: Getty Images When it comes to retirement planning, there are many different factors people try to plan for, including how much to save, how long retirement will last, and what things you want to do in retirement. But one thing that some people overlook, which can significantly impact their retirement, is their health. Here's why your healthcare -- and all the expenses that come along with it -- should be a factor in your overall retirement planning strategy.

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Time for trail mix? Citation’s debut deal features healthy snacks

PE Hub

Citation founder Tiffany Hagge: 'Cibo Vita is a hybrid between an industrial manufacturer and a staple [consumer packaged goods] company.' The post Time for trail mix? Citation’s debut deal features healthy snacks appeared first on PE Hub.

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Wells Fargo (WFC) Q3 2023 Earnings Call Transcript

The Motley Fool

Image source: The Motley Fool. Wells Fargo (NYSE: WFC) Q3 2023 Earnings Call Oct 13, 2023 , 10:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Welcome and thank you for joining the Wells Fargo third quarter 2023 earnings conference call. [Operator instructions] Please note that today's call is being recorded.

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Arlington-backed Stellant to acquire Comtech’s power systems tech product line for $40m

PE Hub

The transaction is expected to close by the end of October 2023. The post Arlington-backed Stellant to acquire Comtech’s power systems tech product line for $40m appeared first on PE Hub.

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Down 42%, This Travel Stock Looks Like a Screaming Buy

The Motley Fool

Airbnb (NASDAQ: ABNB) stock has drifted lower in recent weeks on concerns about headwinds on consumer spending and rising interest rates. But the sell-off is starting to look like a great buying opportunity. The travel stock is now down 42% from its peak in 2021 after it shot out of the gate in its initial public offering in late 2020. With the stock now as affordable as it's been in at least four months, let's take a look at three reasons to buy.

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Crestview-backed OneMagnify taps Bright as chief transformation officer

PE Hub

OneMagnify is a provider of technology and analytics-driven digital performance marketing solutions. The post Crestview-backed OneMagnify taps Bright as chief transformation officer appeared first on PE Hub.

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Cathie Wood Thinks This Streaming Stock Will Jump 747%. Is She Right?

The Motley Fool

Ark Invest CEO Cathie Wood is known for making bold stock calls. In 2018, she predicted Tesla would hit $4,000 a share, which seemed far-fetched at the time, but that prediction came true as Tesla reached that price on a split-adjusted basis in 2021. Tesla is the biggest holding in Ark Invest's flagship Ark Innovation ETF (NYSEMKT: ARKK) , but Wood also has high expectations for the next-biggest holding in the fund, Roku (NASDAQ: ROKU).

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PE-backed WellSky picks up post-acute care services platform Corridor

PE Hub

The seller was HealthEdge Investment Partners. The post PE-backed WellSky picks up post-acute care services platform Corridor appeared first on PE Hub.

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Is Microsoft a Buy?

The Motley Fool

Sometimes, great investment opportunities are right under your nose. Consider the case of Microsoft (NASDAQ: MSFT) over the last five years. A simple $10,000 investment made five years ago would have grown to more than $32,600 today. That's a compound annual growth rate (CAGR) of 26.7% -- far better than the S&P 500 's 11.2% CAGR over the same period.

Prospects 245
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Turnspire Capital-backed Daniel Measurement & Control appoints Morris as CEO

PE Hub

Mark Sponseller, who has served as Interim CEO of Daniel, will resume his previous role as chief financial officer. The post Turnspire Capital-backed Daniel Measurement & Control appoints Morris as CEO appeared first on PE Hub.

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Here's How to Keep Your Pet Healthy Without Breaking the Bank

The Motley Fool

Image source: Getty Images We sure love our pets. Not counting optional expenses, like potty training supplies, microchipping, and behavioral training, the annual cost of raising a dog averages between $700 and $1,000. According to Pettable, cat owners can expect to pay between $500 and $1,000 per year to keep their furry baby in kibble. If you're fortunate enough to have a healthy pet, your out-of-pocket cost will be on the lower end of the scale.

Banks 245
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The Worst Bond Bear Market in History

A Wealth of Common Sense

In 1950 long-term U.S. government bonds yielded a little more than 2%. By the end of that decade they would hit 4.5%. Yields jumped to 6.9% by the end of the 1960s and 10.1% by the end of the inflationary 1970s. Then they skyrocketed in the early-1980s, going from just over 10% at the end of 1979 to nearly 15% by the fall of 1981. In a little over 30 years, bond yields went from 2% to 15%.

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Don't Waste Your Money: The 6 Worst Holiday Gifts, According to Recipients (and How to Avoid the Same Mistakes)

The Motley Fool

Image source: Getty Images As someone who left social media years ago, I've never looked back. Still, on occasion, I wade into a Reddit forum to get an idea of what people are saying about important world events, like "Most Horrible NFL Quarterback Ever," or "Why Hotdogs Are Better Than Hamburgers." Today, I've taken a dive into the "Worst Christmas Gift You've Ever Received" threads, and some of what they said made sense. 1.

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The next phase of ESG and Moral Money

Financial Times: Moral Money

Also in today’s newsletter, an environmental battle goes to France’s supreme court

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ExxonMobil: Buy, Sell, or Hold?

The Motley Fool

The world is in the midst of a major transition, with rapid growth in the demand for clean energy sources. ExxonMobil (NYSE: XOM) is firmly entrenched in the older, dirtier world of carbon fuels. Although it has dipped its toes into clean energy, the recent merger agreement with Pioneer Natural Resources (NYSE: PXD) should cement in investors' minds that Exxon is an oil company.

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National Association of Realtors Is Imploding

The Big Picture

My buddy Jonathan Miller does not hesitate to call out the weasels who represent those who work in his industry: NAR Proves That Trade Groups Aren’t Infallible With an appalling culture of secrecy maintained by wildly overpaid executives (I believe their CEO is paid close to $3 million per year), NAR seems to be imploding right now. These three prominent real estate firms are backing away from the management cesspool that has severely damaged the National Association of Realtors (NAR) brand.

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Better Growth Stock: Nvidia vs. Super Micro Computer

The Motley Fool

Nvidia (NASDAQ: NVDA) and Super Micro Computer (NASDAQ: SMCI) have been top performers on the stock market in 2023, delivering outstanding gains of 210% and 253%, respectively, as of this writing. These growth stocks have taken off this year thanks to one common catalyst -- artificial intelligence (AI). While Nvidia has turned out to be a pioneer in AI chips thanks to its graphics processing units (GPUs), which are being deployed in servers to train large language models (LLMs), Super Micro is a

Prospects 243
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Microsoft closes $75bn Activision deal after UK regulator’s approval

Financial Times M&A

Competition and Markets Authority’s decision came after several twists and turns

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1 Artificial Intelligence (AI) Stock to Buy Before It Soars 150%, According to Wall Street

The Motley Fool

Audio and speech recognition company SoundHound AI (NASDAQ: SOUN) has been clobbered on the stock market ever since it went public in April 2022 after its merger with a special purpose acquisition company (SPAC). SoundHound AI stock has crashed a whopping 87% since going public. The company's impressive growth and its artificial intelligence (AI) credentials haven't been enough to give the stock a boost, which may seem a bit surprising as AI stocks have been in hot demand this year.

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Data Masters Raises €200K; €950K in Total

FinSMEs

Data Masters Srl, a Bari, Italy-based startup that develops and markets online training programs and educational materials in the fields of data science, artificial intelligence and machine learning, raised €200k in funding. Primo Ventures SGR Spa is participating through its Primo Digital, Primo Digital Parallel Italia and Primo Digital Parallel Sud Italia funds.

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Why JD.com Was Down on Friday

The Motley Fool

What happened Shares of JD.com (NASDAQ: JD) were down 3.8% as of 11:25 a.m. ET on Friday after several analysts updated their outlook for the company. Morgan Stanley analysts downgraded the stock and lowered their price target to $33 from $55. The firm believes weak consumer spending could impact JD.com's growth for longer than investors expect. So what JD.com was a high-growth business through 2021, but in the last few years, COVID-related disruptions have hurt China's economy.

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Bon Vivant Raises $15.8M in Seed Funding

FinSMEs

Bon Vivant, a Lyon, France-based company that uses precision fermentation to produce real dairy products, raised $15.8m in seed funding. The round was co-led by Sofinnova Partners and Sparkfood, with participation from Captech Santé, Alliance for Impact, High Flyers Capital, Kima Ventures, Founders Future, and Picus Capital. The company intends to use the funds to continue to expand operations and […] The post Bon Vivant Raises $15.8M in Seed Funding appeared first on FinSMEs.

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Are You Saving Enough Money? These High-Yield Accounts Could Help You Get There

The Motley Fool

Image source: Getty Images There's no universal rule of thumb when it comes to how much you should have in savings accounts. Most financial planners suggest an emergency fund equal to six months' worth of expenses, but there's also non-emergency savings to consider as well. However, the average American doesn't have nearly this much in emergency savings.

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Allen & Overy and Shearman partners vote through merger

Financial Times M&A

Tie-up between ‘magic circle’ law firm and US rival creates $3.

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Why Renewable Energy Stocks Jumped This Week

The Motley Fool

What Renewable energy stocks had a nice recovery this week -- particularly those involved in installing or financing solar projects -- after months of downward pressure. According to data provided by S&P Global Market Intelligence , shares of Hannon Armstrong (NYSE: HASI) jumped as much as 18.2% this week, Sunrun (NASDAQ: RUN) was up by as much as 15.3%, and Sunnova Energy (NYSE: NOVA) popped by as much as 16.6%.

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Incline closes sixth fund above target at $1.9bn

Private Equity Wire

Incline Equity Partners (Incline), a private equity firm focused on investments across the middle market, has held the final close of Incline Equity Partners VI, with more than $1.9bn aggregate capital commitments, significantly surpassing its initial fundraising target. The fundraising includes participation by the the firm’s GPs and employees of more than $120m, representing a commitment of over 6%.

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Why Cryptocurrencies Dropped Like a Rock This Week

The Motley Fool

What happened Cryptocurrencies have had a bad week in general, as the industry's worst side gets unending media attention. Sam Bankman-Fried's trial is putting both crypto and its most infamous person in the spotlight -- and a lot of investors and lawmakers are saying they don't want any part of it. While most tokens are down, there are four leading the market's losses.

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