Sat.Jul 06, 2024

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Billionaire Bill Gates Has 68% of His Foundation's $46 Billion Portfolio Invested in 3 Phenomenal Stocks

The Motley Fool

Bill Gates is one of the best-known billionaires in the world. The Microsoft (NASDAQ: MSFT) founder became the first centibillionaire in 1999, decades before anyone else reached that level of wealth. He's still worth well over $100 billion today despite giving away billions to charitable causes and nonprofits over the past 25 years. Most of his donations go to the Bill & Melinda Gates Foundation, which aims to enhance healthcare and reduce poverty around the world.

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‘50 Shades of Beige’: Meet Britain’s New Prime Minister

The Big Picture

Source: New York Times The NYT: The final votes in Britain’s parliamentary elections are still being counted, but one thing is crystal clear: After 14 years in power, the Conservative Party is out. More than that: It’s been thoroughly punished by the British public, reduced to barely 120 seats, the party’s worst result in its history. Several prominent figures — including former Prime Minister Liz Truss — lost their seats.

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Nvidia Stock Risk Analysis (Part 2)

The Motley Fool

Fool.com contributor Parkev Tatevosian evaluates the risks facing Nvidia (NASDAQ: NVDA) stock investors. *Stock prices used were the afternoon prices of July 3, 2024. The video was published on July 5, 2024. Should you invest $1,000 in Nvidia right now? Before you buy stock in Nvidia, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Nvidia wasn’t one of them.

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Talk Your Book: Why We Don’t Build Enough Houses

A Wealth of Common Sense

We are joined by Coby Lefkowitz, Partner at Backyard to discuss the Real Estate Development Market, and dive into why housing has become a crisis. See here for more thoughts from Coby! On today’s show, we discuss: Why homebuilders have built less homes coming out of the GFC Why building houses has become harder and harder How Minneapolis and Austin got housing development right Using Paris as an urban planning exam.

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Costco Is Up 32% in 2024: Could the Stock-Split Candidate Hit $1,000 per Share by the End of the Year?

The Motley Fool

Large- and megacap stocks have performed well in 2024. Retail giant Costco (NASDAQ: COST) hasn't missed the party with the stock up 32% year to date. Its chain of membership warehouse clubs is gaining market share in the United States and putting up strong growth across its in-person and e-commerce operations, impressing investors. At $863 per share as of this writing, it could be a future stock-split candidate.

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KKR to Present at the Morgan Stanley US Financials, Payments & CRE 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 Morgan Stanley US Financials, Payments & CRE Conference 2024 on Monday, June 10, 2024 at 9:30 AM ET. A live webcast of the presentation will be available on the Investor Center section of KKR’s website at [link] For those.

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KKR to Acquire Majority Ownership in Agiloft

KKR

Existing investor FTV Capital to invest additional capital in the Company NEW YORK & REDWOOD CITY, Calif.--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that a fund managed by KKR has entered into an agreement to acquire a majority stake in Agiloft (“the Company”), a trusted global leader in data-first contract lifecycle management (“CLM”).

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3 Great Reasons to Hold Off Retirement Until Age 70

The Motley Fool

As of 2022, the average retirement age among Americans was 61, according to a Gallup poll. And it's common for people to leave the workforce in their early or mid-60s. If that's always been your plan, then you may not love the idea of working until 70 -- at least at first. But here are a few good reasons to consider extending your career until your 70 th birthday.

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Emera Completes Transaction to Transfer Equity Interest in Labrador Island Link

KKR

HALIFAX, Nova Scotia--(BUSINESS WIRE)--Emera Inc. (“Emera”) (TSX:EMA) today announced the previously announced transaction where KKR would acquire Emera’s indirect minority equity interest in the Labrador Island Link (LIL), has closed effective today.

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Where Will Nvidia Stock Be in 5 Years?

The Motley Fool

Nvidia (NASDAQ: NVDA) has done a lot over the past five years. Five years ago, it was nearing the bottom of a cycle thanks to a collapse in the cryptocurrency market. Now, it's reaching new highs as its graphics processing units (GPUs) are in high demand for creating artificial intelligence (AI) models. While it would have been nearly impossible to predict all of the places Nvidia has gone over the past five years, I'm going to speculate on where it could go in the next five years.

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The Indo-Pacific Partnership for Prosperity, Global Infrastructure Partners and KKR Lead Creation of Coalition to Mobilize Infrastructure Investment in the Indo-Pacific Region

KKR

SINGAPORE – June 6, 2024 – Today the Indo-Pacific Partnership for Prosperity (IP3), Global Infrastructure Partners (GIP), and KKR announced the formation of a new coalition to catalyze infrastructure investment in the emerging market partner economies of the Indo-Pacific Economic Framework (IPEF). GIP and KKR will serve as co-chairs of the new initiative.

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Beyond Nvidia: AI Could Fuel High-Powered Growth for These Underappreciated Stocks.

The Motley Fool

Nvidia has been one of the primary beneficiaries of the artificial intelligence (AI) megatrend. Its chips have been in high demand, which is powering tremendous revenue and earnings growth for the semiconductor company. It has made Nvidia one of the most highly valued companies in the world. However, Nvidia isn't the only company benefiting from the AI boom.

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Quick Quack Announces Strategic Investment by KKR

KKR

NEW YORK & ROSEVILLE, Calif.--(BUSINESS WIRE)-- KKR, a leading global investment firm and Quick Quack Car Wash (“Quick Quack” or the “Company”) today announced that investment funds managed by KKR have made a significant minority investment in the Company. This press release features multimedia. View the full release here: [link] Quick Quack’s.

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3 Little-Known Perks of a Costco Executive Membership

The Motley Fool

Image source: Getty Images As everyday prices continue to rise, more shoppers are looking for ways to trim their spending. One option is joining a Costco warehouse club to shop for the best deals. But you must pay a membership fee to have the privilege of shopping here. The retailer has two membership types: a Gold Star membership and the pricier Executive membership, which offers more benefits like 2% back on most purchases.

Financing 246
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KKR-Mirastar enter prime logistics market in Germany

KKR

Frankfurt am Main, 14 June 2024 – KKR and Mirastar, KKR Real Estate’s industrial and logistics platform in Europe, have acquired a high-quality logistics property in Hanover, Lower Saxony. This off-market transaction is KKR and Mirastar’s first industrial and logistics acquisition in Germany, as well as the first for KKR’s European Core+ Real Estate strategy in this market.

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How to Start a Business for Under $100

The Motley Fool

Image source: The Motley Fool/Upsplash Launching a business on a budget might sound like a tall order. But you can get the ball rolling for just $100 or less. This guide will walk you through the steps to turn your small investment into a potentially lucrative venture. Step 1: Brainstorm and research (Cost: $0) Every great business starts with a great idea.

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ST Telemedia Global Data Centres Raises S$1.75 Billion from KKR-Led Consortium with Singtel

KKR

Transaction marks Southeast Asia’s largest digital infrastructure investment in 2024 SINGAPORE--(BUSINESS WIRE)-- ST Telemedia Global Data Centres (‘STT GDC’ or the ‘Company’), a leading data centre colocation services provider, KKR, a leading global investment firm, and Singtel, Asia’s leading communications technology group, today jointly announced the signing of definitive agreements under.

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Forget the "Magnificent Seven." What About the Incredible Eight?

The Motley Fool

The "Magnificent Seven" was a phrase coined by CNBC's Jim Cramer to group the most dominant stocks in the market. The seven stocks are: Microsoft Apple Nvidia Alphabet Amazon Meta Platforms Tesla While this is a solid list, I believe it leaves out one incredibly important business. In fact, if this company didn't exist, these seven companies wouldn't look the same.

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KKR Releases 2024 Mid-Year Global Macro Outlook

KKR

Henry McVey: Investors Who Prioritize Diversification This Cycle Will Be Best Prepared When Opportunity Knocks NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today released its 2024 mid-year global macro outlook by Henry McVey, CIO of KKR’s Balance Sheet and Head of Global Macro and Asset Allocation (GMAA). In “Opportunity Knocks,” McVey and his team explain why they.

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Should You Open a 5-Year CD in July 2024?

The Motley Fool

Image source: The Motley Fool/Upsplash If you're thinking about opening a CD this July, you're probably in good company. A lot of people are opening CDs to take advantage of today's competitive rates. You may be inclined to open a 6- or 12-month CD this July while rates are up. But have you considered a 5-year, or 60-month, CD? You might think that a CD like that doesn't make sense for a couple of reasons.

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

KKR

NEW YORK--(BUSINESS WIRE)-- KKR today announced a monetization activity update for the period from April 1, 2024 to June 20, 2024. Based on information available to us as of today, with respect to the period through June 20, 2024, KKR has earned total realized performance income, including realized incentive fees, and total realized investment income in excess of $500 million.

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Have $500,000 to Spend in Retirement? Here's What You Can Budget per Year

The Motley Fool

Image source: The Motley Fool/Upsplash If you're like many of us, you may be unsure whether you're saving enough for retirement. After all, no one knows for certain how much money they'll need throughout their golden years. That said, if it looks like you're going into retirement with $500,000 put away, you can make certain assumptions about how much money you can budget for each year.

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KKR to Acquire Pan-European Live Entertainment Group Superstruct from Providence Equity Partners

KKR

Investment supports Superstruct’s ambition to become a global leader in music festivals and live events LONDON--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announces the acquisition of Superstruct Entertainment (“Superstruct” or the “Company”), from Providence Equity Partners (“Providence”), a premier private equity firm specializing in growth-oriented investments in media,

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Amazon Is Now the Best-Performing Stock in the Dow Jones Industrial Average In 2024. Is It a Buy Around Its All-Time High?

The Motley Fool

Amazon (NASDAQ: AMZN) joined the Dow Jones Industrial Average in late February -- giving the traditionally stodgy, income-oriented index more exposure to growth. Amazon has continued its torrid run since 2023. As of June 27, it is the best-performing stock in the index. Here's why Amazon continues to climb higher and whether the growth stock is worth buying around its all-time high.

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KKR Acquires $2.1 Billion Multifamily Portfolio from Quarterra

KKR

Portfolio of 18 High-Quality, Class A Assets Concentrated in Coastal and Sunbelt Markets NEW YORK & CHARLOTTE, N.C.--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that KKR has acquired a portfolio of 18 multifamily assets from a closed-ended fund sponsored by Quarterra Multifamily, a premier multifamily real estate development and operating company, for approximately.

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Best Stock Split Stock to Buy: Nvidia vs. Broadcom vs. Chipotle

The Motley Fool

Fool.com contributor Parkev Tatevosian compares Nvidia (NASDAQ: NVDA) , Broadcom (NASDAQ: AVGO) , and Chipotle (NYSE: CMG) to determine the best stock split stock to buy now. *Stock prices used were the afternoon prices of July 3, 2024. The video was published on July 5, 2024. Should you invest $1,000 in Nvidia right now? Before you buy stock in Nvidia, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and

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KKR and Teachers’ Venture Growth Lead US$140 Million Series E Round in Leading Japanese Cloud-Native Human Resources Software Platform SmartHR

KKR

TOKYO--(BUSINESS WIRE)-- KKR, a leading global investment firm, and Teachers’ Venture Growth (TVG), the late-stage venture and growth investment arm of Ontario Teachers’ Pension Plan, today announced the signing of definitive agreements under which KKR (on behalf of funds managed by it) and TVG will jointly lead a US$140 million (JPY 21.

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Is It Better to Collect Social Security at 62 or 66? A Comprehensive Analysis Offers a Clear-Cut Answer.

The Motley Fool

In May, the more than 51 million retired workers who received a Social Security check took home an average of $1,916.63, which works out to about $23,000 on an annualized basis. While Social Security income isn't going to make anyone rich, it is responsible for lifting the financial fortunes of seniors more than any other social program. An analysis from the Center on Budget and Policy Priorities found that 22.7 million beneficiaries -- 16.5 million of whom were adults aged 65 and over -- were r

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KKR Acquires Controlling Stake in Baby Memorial Hospital, a Multi-Specialty Hospital Network in India

KKR

Transaction marks KKR’s latest investment in India’s healthcare sector Investment will support the build-out of a leading pan-India network of hospitals MUMBAI, India--(BUSINESS WIRE)-- KKR, a leading global investment firm, and Baby Memorial Hospital (‘BMH’), a leading regional multi-specialty hospital chain in India, today announced the signing of definitive agreements under which funds.

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3 Reliable Dividend Stocks With Yields Above 5% You Can Buy With $100 in July

The Motley Fool

The benchmark S&P 500 index keeps breaking new records thanks in large part to a handful of stocks at the top. Luckily for income-seeking investors, there are some highly reliable dividend stocks out there that haven't been swept up in the excitement. Shares of Pfizer (NYSE: PFE) , Ares Capital (NASDAQ: ARCC) , and Bristol Myers Squibb (NYSE: BMY) are reasonably valued, with an average dividend yield of about 7% at recent prices.

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KKR to Present at the Morgan Stanley US Financials, Payments & CRE 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 Morgan Stanley US Financials, Payments & CRE Conference 2024 on Monday, June 10, 2024 at 9:30 AM ET. A live webcast of the presentation will be available on the Investor Center section of KKR’s website at [link] For those.

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Lumber Prices Are Crashing! What Does That Mean for Home Depot Stock Investors?

The Motley Fool

Fool.com contributor Parkev Tatevosian discusses how changing lumber prices could influence Home Depot 's (NYSE: HD) profits. *Stock prices used were the afternoon prices of July 2, 2024. The video was published on July 4, 2024. Should you invest $1,000 in Home Depot right now? Before you buy stock in Home Depot, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Home Depot wasn’t one of them.

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KKR to Acquire Majority Ownership in Agiloft

KKR

Existing investor FTV Capital to invest additional capital in the Company NEW YORK & REDWOOD CITY, Calif.--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that a fund managed by KKR has entered into an agreement to acquire a majority stake in Agiloft (“the Company”), a trusted global leader in data-first contract lifecycle management (“CLM”).

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The Ultimate Growth Stock to Buy With $1,000 Right Now

The Motley Fool

It's understandable if investors believe that to achieve outsize returns, it's necessary to find under-the-radar businesses that can grow rapidly. But this just isn't true. Compelling investment ideas could be hiding in plain sight. There's one fantastic company whose shares have catapulted 1,090% higher in the past decade. This enterprise is currently valued at greater than $2 trillion, but I believe it still deserves a closer look.

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