Sun.Nov 10, 2024

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New Space Force Program Boosts America's Smallest NewSpace Companies

The Motley Fool

Attention, space investors! By now you've almost certainly heard about the Proliferated Warfighter Space Architecture (PWSA), the U.S. Space Force's multibillion-dollar effort to build a constellation of Low Earth Orbit satellites to detect missile launches and relay the information back to U.S. missile defense for a response. But have you heard about HALO?

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Asset managers face growing scrutiny over sustainability claims

Financial Times: Moral Money

Many funds have changed their labelling as rules are tightened to prevent greenwashing

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Social Security Benefit Cuts May Be Coming Soon. Here's How to Plan for Them.

The Motley Fool

Social Security has faced the possibility of benefit cuts in the past, but to date, they've never happened. However, just because lawmakers have managed to prevent Social Security cuts in the past doesn't mean they're guaranteed to save the program from that fate, given its current financial crisis. Image source: Getty Images. In the coming years, Social Security expects to owe more in scheduled benefits than it collects in payroll tax revenue as baby boomers stage a massive exodus from the work

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Abu Dhabi sovereign wealth fund buys stake in US software company

Financial Times M&A

Deal with Thoma Bravo to invest in Qlik shows growing role of Middle East investors

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13 States That Won't Tax Your Social Security, 401(k), IRA, or Pension Income

The Motley Fool

Benjamin Franklin once wrote, "[I]n this world, nothing can be said to be certain, except death and taxes." However, old Ben wasn't entirely correct -- at least not for retirement income. If you're retired, you may or may not have to pay state taxes on your retirement income. Here are 13 states that won't tax your Social Security, 401(k) , individual retirement account (IRA) , or pension income.

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Investor trio launch new $250mln Africa startup fund

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post Investor trio launch new $250mln Africa startup fund first appeared on Africa Capital Digest.

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Guess What Beat Rotisserie Chicken to Become Costco's Best-Selling Product

The Motley Fool

Image source: Getty Images Costco's $5 rotisserie chicken is definitely one of its most iconic deals. It's right up there with maximizing purchase rewards as a solid way to save money at Costco. (We can get two to three family dinners out of one chicken in our house.) But as famous as it may be, it's not actually Costco's best-selling product. No, the item with that distinction is somehow even more mundane than chicken.

Financing 246

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GM Overtakes Ford in 1 Key Metric. Does That Makes the Stock a Buy?

The Motley Fool

The automotive industry may be undergoing the most exciting evolution in its history with the advancements of driverless vehicle technology, vehicle-as-a-service, and electric vehicles (EVs) taking over the road from their gasoline-powered predecessors. When it comes to one key metric, General Motors (NYSE: GM) just overtook Ford Motor Company (NYSE: F) and did so pretty significantly.

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AgDevCo backs Kenyan agribusiness with debt

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post AgDevCo backs Kenyan agribusiness with debt first appeared on Africa Capital Digest.

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Should You Buy Nvidia Stock After It Notched 200% Gains in 2024? Wall Street Is Providing a Nearly Unanimous Answer.

The Motley Fool

Another week, another new all-time high for Nvidia (NASDAQ: NVDA). The stock climbed to record-setting territory again on Thursday after setting a new watermark on Wednesday. Over the past couple of years, the stock has regularly hit new heights, fueled by the roaring adoption of artificial intelligence (AI). In 2024 alone, Nvidia is up 200% (as of this writing) and appears poised to vault higher.

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Coquis joins A.P. Moller Capital to head IR and fundraising

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post Coquis joins A.P. Moller Capital to head IR and fundraising first appeared on Africa Capital Digest.

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The Smartest Vanguard ETF to Buy With $500 Right Now

The Motley Fool

In my view, Vanguard remains the exchange-traded fund (ETF) king. The company offers a long list of great funds covering a wide selection of categories, nearly all of which have very low expense ratios -- keeping more money in your pocket. But with so many ETFs to choose from, how do you know which one is right for you? No matter what your investing style is, there's one Vanguard ETF that everyone will love.

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Centana Growth Partners Acquires Majority Stake in First Connect Insurance Services

FinSMEs

Centana Growth Partners, a NYC-based and Palo Alto, CA-based growth equity firm specializing in the financial services ecosystem, acquired a majority stake in First Connect Insurance Services, an Austin, TX-based provider of an insurtech platform, formerly an indirect wholly-owned subsidiary of Hippo Holdings Inc. (NYSE: HIPO). The initial investment, exceeding $60M, was led by Centana with […] The post Centana Growth Partners Acquires Majority Stake in First Connect Insurance Services app

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This 6%-Yielding Dividend Stock Is a No-Brainer Buy for Income

The Motley Fool

Enbridge (NYSE: ENB) has one of the best track records of paying dividends in the energy sector. The Canadian pipeline and utility operator has paid dividends for over 69 years, and e ven better, it has increased its payment annually for the past 29 years. The energy company currently offers a dividend yield of more than 6%, which is very attractive compared to other income options.

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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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Did Your Medicare Advantage Plan Go Away for 2025? Don't Panic -- Do This Instead.

The Motley Fool

If you're enrolled in a Medicare Advantage plan, generally, at some point in September or October, you'll receive a notice from your plan administrator informing you of changes to your coverage for the upcoming year. Those changes could relate to your out-of-pocket costs or the scope of the coverage you're entitled to. You may also learn that some of the providers you see on a regular basis are going out of network or that new providers are being added.

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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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9 Things You Need to Know Before Locking in Your Medicare Coverage

The Motley Fool

The holiday season is ahead of us, and the season of summer is well behind us, but we're smack dab in the middle of another exciting season: Medicare open enrollment season! From Oct. 15 to Dec. 7, those eligible for Medicare are permitted to switch from one Medicare plan to another. Here are some things you should know before you take any action during Medicare open enrollment.

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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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2 Vanguard Funds That Both Growth and Dividend Investors Can Buy and Hold Forever

The Motley Fool

One way to incentivize yourself to invest for the long term is to hold income-generating investments in your portfolio. That way, you can ensure you're collecting a steady stream of cash over the years, even without having to sell your investments. Exchange-traded funds (ETFs) can provide you with many excellent options for the long term, and you don't have to feel locked in and focus strictly on growth stocks or just dividend stocks.

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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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Meet the Unstoppable Growth Stock That Just Hit a New All-Time High but Is Still an Unqualified Buy, According to Wall Street

The Motley Fool

The bull market that has captivated Wall Street is just entering its third year, turning in its best performance since 2011. It pushed the Dow Jones Industrial Average , S&P 500 , and Nasdaq Composite to record heights earlier this week. One of the factors fueling this record run is recent advances in artificial intelligence (AI). The technology, which first burst on the scene in early 2023, is unlike anything that came before.

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BBVA forms a Strategic Partnership with KKR, investing $200 million in its Global Climate Strategy

KKR

NEW YORK – September, 27th, 2024 – BBVA and leading global investment firm KKR have formed a new strategic partnership to support the decarbonization of the real economy.

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Warren Buffett Cuts His Stake in Apple (Again)

The Motley Fool

Berkshire Hathaway 's (NYSE: BRK.A) (NYSE: BRK.B) cash pile reached a record level in the third quarter. The company, run by investor Warren Buffett, keeps trimming its equity portfolio and is now sitting on close to $325 billion in cash on its balance sheet. While this does not necessarily mean Buffett is making a directional call on the stock market, the Oracle of Omaha is being more cautious with his investments today as the market shoots up to all-time highs.

Stakes 245
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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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3 Top Artificial Intelligence Stocks to Buy in November

The Motley Fool

Nearly every technology company touts its artificial intelligence credentials these days. I don't blame them, considering AI is a valuable addition to many software and services. But just because tons of companies are quickly integrating AI into their offerings, it doesn't mean they're top AI stocks. Instead, you should look for leaders who are knee-deep in this segment and setting the pace in the AI race.

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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.

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1 Growing Biotech Stock to Buy Today With $1,000 and Hold for 5 Years or More

The Motley Fool

If you're willing to be patient, biotech stocks can offer significant upside, even if you only invest a relatively small amount, like $1,000. In that vein, Madrigal Pharmaceuticals (NASDAQ: MDGL) has a lot to offer. Between its recently launched new drug and being the first in its market, it has a long runway for growth. Here's why it's worth an investment today, provided that you're willing to hold on to your shares for at least a few years.

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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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5 Smart Reasons to Get a Second Credit Card

The Motley Fool

Image source: Getty Images If you have a one-card wallet, you're not alone. About one-third (30%) of Americans carry one credit card, according to a recent survey by Motley Fool Money. Only using a single credit card has its perks. It's certainly the simplest, easiest option. But a second credit card isn't too hard to manage, and there are some big financial benefits to getting one.

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KKR & Co. Inc. to Announce Third Quarter 2024 Results

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) announced today that it plans to release its financial results for the third quarter 2024 on Thursday, October 24, 2024, before the opening of trading on the New York Stock Exchange. A conference call to discuss KKR’s financial results will be held on Thursday, October 24, 2024 at 10:00 a.m.

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3 Things to Know About Buying Gift Cards at Costco

The Motley Fool

Image source: Getty Images A lot of people join Costco so they can fill up their cars on the cheap and save money on products like groceries and paper towels. But one of the best -- and less obvious -- deals at Costco is the store's selection of gift cards. If you've never purchased a gift card from Costco before, here are three important things to know. 1.

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KKR Acquires Portfolio of Four Industrial Warehouses Serving the Central Florida Market

KKR

NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that KKR has acquired a portfolio of four Class A industrial warehouses serving the greater Central Florida market, including Orlando and Tampa. This press release features multimedia. View the full release here: [link] Business Wire) The four industrial.

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Better Artificial Intelligence Stock: Palantir vs. Microsoft

The Motley Fool

Palantir Technologies (NYSE: PLTR) and Microsoft (NASDAQ: MSFT) have both profited from the rapid expansion of the artificial intelligence (AI) market. Palantir aggregates large amounts of data from disparate sources to help its clients make faster decisions, and it's streamlining that process with generative AI tools. Microsoft owns the world's largest PC operating system (Windows), the leading productivity software suite (Office), and the second largest cloud infrastructure platform (Azure).

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KKR Invests in Enilive to Accelerate Sustainable Mobility and the Energy Transition

KKR

LONDON & MILAN--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced the signing of an agreement under which KKR will acquire a 25% stake in Enilive, Eni’s mobility transformation company dedicated to biorefining, biomethane production, smart mobility solutions, and providing services to support people on the move. Closing of the transaction is subject to customary.

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Get Ready for These Thanksgiving Day Exclusive Specials From Costco.com

The Motley Fool

Image source: Getty Images One of the best perks of being a Costco member is getting a deals book with a complete heads-up about Costco's sales. I got the holiday season version of this book not that long ago, and I was surprised to see that there was a whole page dedicated to some really amazing deals that are only available on Costco.com on Thanksgiving Day.

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KKR & Co. Inc. Reports Third Quarter 2024 Results

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) today reported its third quarter 2024 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 results.