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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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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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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‘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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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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10 Weekend Reads

The Big Picture

The weekend is here! Pour yourself a mug of coffee, grab a seat outside, and get ready for our longer-form weekend reads: • These people still believe in democracy (little d) and are working to keep it. On this July 4th holiday, America’s system of democracy is under threat. These people are working to keep it alive and well. ( USA Today ) • The Fried Chicken Sandwich Wars Are More Cutthroat Than Ever Before : Here’s why everyone from fast-casual chains to chefs at Michelin-starred resta

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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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5 Reasons to Buy Nike Stock Like There's No Tomorrow

The Motley Fool

Sports apparel giant Nike (NYSE: NKE) is one of the world's most recognizable brands. However, the stock has fallen to multi-year lows after a rough earnings report, and naysayers are coming out of the woodwork to proclaim that Nike no longer has enough brand appeal to retain its apparel and footwear crown. Is that true? I don't think so. Time will ultimately reveal the truth, but there is plenty of evidence that Nike stock will eventually be back in a big way.

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Labrador Island Link Welcomes New Investor

KKR

KKR to acquire Emera’s equity interest in critical clean energy transmission project.

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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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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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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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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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3 Reasons I Will Never Put Money Into a CD

The Motley Fool

Image source: Upsplash/The Motley Fool Here at The Ascent, we write a lot about different financial products. We explore high-yield savings accounts, credit cards, brokerage accounts, and yes, certificates of deposit. If I've learned nothing else from all of this exploration, it's that I'm the last person on earth who should have a CD. Here are three good reasons why. 1.

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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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Is Cisco Stock a Buy?

The Motley Fool

The emergence of artificial intelligence (AI) has fueled a transformative growth cycle within the technology sector. There's a lot of enthusiasm for next-generation AI applications that have the potential to revolutionize various industries. Unfortunately, Cisco Systems (NASDAQ: CSCO) has been on the outside looking in thus far, not yet capitalizing on these high-level trends.

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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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Here's What the Average Couple on Social Security Is Earning in 2024

The Motley Fool

Married couples typically have greater retirement expenses than single adults because they have to cover two people. That's twice as many groceries, twice the healthcare bills, and twice the goals you'll have to budget for. But they also have an advantage when it comes to Social Security benefits. As long as at least one partner worked long enough to qualify, the couple will receive two monthly checks.

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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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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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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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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.

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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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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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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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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 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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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 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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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 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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Statistics Say This Is the Best Age to Claim Social Security

The Motley Fool

When's the best age to begin collecting Social Security retirement benefits? That's a question the Social Security Administration (SSA) is asked frequently. The agency's answer: "There's not a single 'best age' for everyone and, ultimately, it's your choice." This response is correct. However, if you want to maximize how much money you receive from Social Security, there is an optimal answer for most Americans.

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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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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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