Wed.Oct 23, 2024

article thumbnail

More Retirees Will Owe Taxes on Social Security Benefits in 2025. Here's Why.

The Motley Fool

In 2025, more retirees are going to have to give the IRS a cut of their retirement benefits. While this is likely to be a huge disappointment for seniors who rely on Social Security to make ends meet, there's nothing most retirees can do to stop the change that's coming. Here's why a growing number of retirees are going to have an IRS bill to pay on their Social Security next year.

Taxes 246
article thumbnail

Can BlackRock land private credit’s ‘big whale’ HPS?

Financial Times M&A

After years of preparation, the pioneering alternatives firm is on the verge of a deal or IPO

110
110
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Billionaire Warren Buffett Sold 56% of Berkshire's Stake in Apple and Is Piling Into Wall Street's Most Prominent Reverse Stock Split of 2024

The Motley Fool

There's arguably not a billionaire money manager that garners more attention on Wall Street than Berkshire Hathaway 's (NYSE: BRK.A) (NYSE: BRK.B) chief, Warren Buffett. The accurately dubbed "Oracle of Omaha" has led his company's Class A shares (BRK.A) to a mouthwatering aggregate return of more than 5,600,000% since he became CEO almost six decades ago.

article thumbnail

Ex-PayPal Ventures trio seal $184m for new fintech, e-commerce-focused Infinity Ventures vehicle

AltAssets

Infinity Ventures, the early-stage investor launched three years ago by a trio of former PayPal Ventures execs, has beaten its Fund II target through a $184m final close. The post Ex-PayPal Ventures trio seal $184m for new fintech, e-commerce-focused Infinity Ventures vehicle appeared first on AltAssets Private Equity News.

Funds 85
article thumbnail

Here's Why GE Aerospace Stock Recovered Today

The Motley Fool

GE Aerospace (NYSE: GE) stock rose more than 4% by 11 a.m. ET on Wednesday as investors took advantage of the post-earnings dip in the stock on Tuesday and bought in. Here's why. GE Aerospace's mixed earnings The company's report contained some negatives, such as the expectation reduction for LEAP engines. A GE Aerospace joint venture with Safran manufactures the LEAP , the sole engine option on the Boeing 737 MAX and an option on the Airbus A320 neo family of airplanes.

Returns 246
article thumbnail

France’s Wendel to acquire private capital specialist Monroe Capital in $1.13bn deal

Private Equity Wire

French investment firm Wendel is to acquire a 75% stake in US asset management company Monroe Capital (MRCC.O) for $1.13bn in a move aimed at strengthening the firm’s presence in the growing private credit market, and boosting its asset management business, according to a report by Reuters. The acquisition will boost Wendel’s exposure to high-performing asset classes, providing the company with recurring cash flows and targeting double-digit shareholder returns.

article thumbnail

Prediction: Billionaires Will Buy This Cryptocurrency That Could Soar 23,900%, According to Wealth Manager Jake Claver

The Motley Fool

The Ripple cross-border payment system is gaining momentum these days. That's good news for investors in Ripple's XRP (CRYPTO: XRP) token, which could soar to new heights if the tightly related payment network really takes off. Ripple's market momentum After a long spell of very low trading volume, followed by volatile action amid recent courtroom wins , XRP's average market volume has settled at a historically high level.

More Trending

article thumbnail

It's Getting Harder to Qualify for Social Security Benefits in Retirement. Here's the Reason Why

The Motley Fool

One of the biggest Social Security myths out there is that everyone is entitled to a monthly benefit once they reach a certain age. But that's not how the program works. Generally speaking, the way to get Social Security benefits in retirement is to earn them by working and paying into the program. There can be exceptions for people who don't work but are eligible for spousal benefits or survivors benefits.

Taxes 246
article thumbnail

Abu Dhabi sovereign investor Mubadala Capital collects $3.1bn for latest private equity fund

AltAssets

Abu Dhabi sovereign investment arm Mubadala Capital has closed its fourth private equity fund on $3.1bn, soaring past its initial $2bn target. The post Abu Dhabi sovereign investor Mubadala Capital collects $3.1bn for latest private equity fund appeared first on AltAssets Private Equity News.

Capital 85
article thumbnail

Why Amazon Stock Withered on Wednesday

The Motley Fool

News that Amazon (NASDAQ: AMZN) is apparently retreating from a potentially lucrative business sent the company's share price down on Wednesday. It closed the trading day nearly 3% lower, a notably worse performance than the 1% decline of the bellwether S&P 500 index. Few tomorrows left for Amazon Today? Just before market close Tuesday, CNBC published an article stating that Amazon is closing its Amazon Today service.

Returns 246
article thumbnail

Stifel seals federal approval for aerospace, manufacturing-focused SBIC fund

AltAssets

Investment bank Stifel has gained US federal approval for an SBIC fund focused on backing small and medium-sized American manufacturers in the aerospace and defense industries. The post Stifel seals federal approval for aerospace, manufacturing-focused SBIC fund appeared first on AltAssets Private Equity News.

Funds 78
article thumbnail

1 Top Cryptocurrency to Buy Before It Soars 720%, According to Investment Firm VanEck

The Motley Fool

As we head into 2025, Ethereum (CRYPTO: ETH) continues to lag behind other top cryptocurrencies. For the year, Ethereum is up only 17%, well off the pace set by Bitcoin (CRYPTO: BTC) , which is now up 60%. Of perhaps even more concern, top Ethereum rival Solana (CRYPTO: SOL) is also up 60%. That being said, there's still a good case for buying Ethereum now, as long as you're willing to take a long-term outlook.

article thumbnail

Acrew Capital clears $700m for latest fundraise targeting data, fintech, health startups

AltAssets

VC investor Acrew Capital has raised more than $700m across its latest family of funds targeting deals in the data and security, fintech and health sectors. The post Acrew Capital clears $700m for latest fundraise targeting data, fintech, health startups appeared first on AltAssets Private Equity News.

article thumbnail

Save $150 on This 10-Foot Animated Alien at Costco Now

The Motley Fool

Image source: Getty Images I've never been much of a holiday decor person -- part of that is owed to the fact that until very recently, I was a renter and wasn't necessarily able or allowed to put up decorations outside my home. But now I have a mortgage -- and a front lawn of my very own. And thanks to my colleague Kristi Waterworth, a few weeks ago I learned that Costco sells Halloween animatronics, including a 10-foot tall alien that talks and plays spooky music.

Financing 246
article thumbnail

CityFleet to buy Addison Lee in £269mn deal

Financial Times M&A

Purchase by Singaporean-owned group is third change of ownership in just over a decade for UK private hire taxi firm

76
article thumbnail

Will Nvidia Be the First Stock to Reach $10 Trillion?

The Motley Fool

Nvidia (NASDAQ: NVDA) stock is soaring again. The artificial intelligence (AI) chip leader reached a new all-time high on Thursday, fueled by a strong third-quarter earnings report from close partner Taiwan Semiconductor Manufacturing and enthusiasm around its new Blackwell platform, which is reportedly sold out for the next year. Nvidia CEO Jensen Huang even said recently that demand for the new chips was "insane.

Capital 246
article thumbnail

LP demands are behind PE firms making sustainability, diversity strides

AltAssets

The private equity industry's "notable" progress in sustainability and diversity is being driven by limited partner demands, new research from Boston Consulting Group shows. The post LP demands are behind PE firms making sustainability, diversity strides appeared first on AltAssets Private Equity News.

article thumbnail

3 Best Tech Stocks to Buy in October

The Motley Fool

It's been a fantastic year on Wall Street. The S&P 500 , Nasdaq Composite , and Dow Jones Industrial Average are up 24%, 24%, and 17%, respectively. So, let's take a look at the three best tech stocks that investors should consider buying in October. Image source: Getty Images. PayPal Holdings For those in search of an affordable tech stock to buy in October, consider PayPal Holdings (NASDAQ: PYPL).

article thumbnail

Animal Spirits: The Envy of the World

A Wealth of Common Sense

Today’s Animal Spirits is brought to you by YCharts and CME Group: See here for 20% off your initial YCharts professional subscription See here for more information on adding futures to your portfolio with CME Group See here to subscribe to our new show, The Unlock! On today’s show, we discuss: Come work with us at the Philly office! The American economy has left other rich countries in the dust What&#82.

article thumbnail

Tesla (TSLA) Q3 2024 Earnings Call Transcript

The Motley Fool

Image source: The Motley Fool. Tesla (NASDAQ: TSLA) Q3 2024 Earnings Call Oct 23, 2024 , 5:30 p.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Travis Axelrod -- Head of Investor Relations Good afternoon, everyone, and welcome to Tesla's third quarter 2024 Q&A webcast. My name is Travis Axelrod, head of investor relations, and I'm joined today by Elon Musk, Vaibhav Taneja, and a number of other executives.

Investors 246
article thumbnail

Beyond the Forgivable Loan: The Evolution of Advisor Transition Deal Structures

Diamond Consultants

Competition and an expanded landscape of options have resulted in additional deal structures for transitioning advisors. Advisors are a lucky lot: They have many ways to monetize their life’s work and take advantage of new opportunities for growth, both in the short and long term. The transition deal is one way that advisors can financially de-risk a move through what is traditionally known as a forgivable loan—a note that typically binds the advisor to the firm for a given length of time.

article thumbnail

AGNC Investment Sees a Big Change Ahead. Here's What That Could Mean for its Nearly 14%-Yielding Dividend.

The Motley Fool

AGNC Investment (NASDAQ: AGNC) is a leader in investing in the Agency residential mortgage-backed securities (MBS) market (i.e., MBS protected from credit losses by government agencies like Fannie Mae). The company has a massive MBS portfolio (over $71.8 billion). It also has extensive experience navigating the MBS market and can tell when changes are in the air.

Investing 246
article thumbnail

EnCap closes $5.25bn fund with additional $1.2bn for co-investments

Private Equity Wire

EnCap Investments has successfully closed its latest fund, EnCap Energy Capital Fund XII, at its hard cap of $5.25bn, along with an additional $1.2bn earmarked for co-investments, according to a report by Pensions & Investments Online. The report cites a company spokesperson as confirming that Fund XII has already made investments in 12 companies, 10 of which are led by teams that EnCap has previously supported.

Funds 72
article thumbnail

Stock-Split Watch: Is TSMC Next?

The Motley Fool

Many of the world's largest tech companies routinely split their stocks as their share prices rise. Splits don't make a stock fundamentally cheaper, since they simply cut its existing shares into smaller slices which trade at lower prices. So instead of buying a whole pizza for $20, you're simply getting a quarter of a slice for $5. Yet stock splits still attract a lot of attention from smaller investors who aren't willing to pay hundreds or thousands of dollars for a single share of a hot stock

article thumbnail

Genstar acquires majority stake in tech protection specialist Likewize

Private Equity Wire

Genstar Capital (Genstar) has acquired a majority stake in Likewize, a global provider of tech protection and support services, having first invested in the business back in March 2023. Senior management and Brightstar Capital Partners (Brightstar) remain as minority investors. Founded in 1997 and headquartered in Dallas, TX, Likewize serves many of the world’s biggest brands, including telecommunications companies, financial institutions, and retailers, protecting millions of customers from tec

Stakes 71
article thumbnail

These Magnificent Dividend Stocks Have Made Investors a Lot Richer Over the Past 20 Years

The Motley Fool

Real estate investment trusts (REITs) can be very enriching investments, especially over the long term. REITs have historically outperformed stocks over periods of more than 20 years. A big driver of those above-average returns is their growing dividends. Several REITs stand out for enriching returns over the past two decades: AMT Total Return Level data by YCharts To look at those returns through a different lens, these REITs have grown a $10,000 investment made 20 years ago into between $162,5

Investors 246
article thumbnail

Global regulators flag valuation risks in booming private credit market

Private Equity Wire

Top financial regulators are raising alarms over valuation risks in the fast-growing private credit sector, questioning whether lenders are concealing troubled loans and expressing concerns about the increasing involvement of insurance companies, according to a report by Bloomberg. The report quotes Andrew Dean, Co-Chief of the Division of Enforcement Asset Management at the US Securities and Exchange Commission (SEC), as saying during a Bloomberg regulatory forum in New York on Tuesday, that: “

article thumbnail

Cathie Wood Says Software Is the Next Big AI Opportunity -- 1 Super Stock You'll Regret Not Buying If She's Right

The Motley Fool

Ark Investment Management operates a portfolio of exchange-traded funds (ETFs) focused on innovative technology stocks. Its founder and chief investment officer, Cathie Wood, thinks software companies could be the next big opportunity in the artificial intelligence (AI) industry. In fact, she predicts they will eventually generate $8 in revenue for every $1 spent on chips from suppliers like Nvidia.

article thumbnail

Deal Roundup: Carlyle pulls out of Thyssenkrupp marine arm bidding, Wendel buys Monroe Capital

AltAssets

Private equity giant Carlyle has pulled out of bidding for Thyssenkrupp's marine systems division - a deal expected to value the arm at about €1.6bn. The post Deal Roundup: Carlyle pulls out of Thyssenkrupp marine arm bidding, Wendel buys Monroe Capital appeared first on AltAssets Private Equity News.

Bidding 66
article thumbnail

1 Growth Stock Down 84% to Buy Right Now

The Motley Fool

Roku (NASDAQ: ROKU) was once one of the best-performing stocks out there. Since the company's initial public offering in September 2017 to July 2021, shares skyrocketed by 1,940%. That gain easily outpaced the broader Nasdaq Composite index by a wide margin. It's been a totally different story since that all-time record was reached. A combination of slower growth and weaker investor sentiment helps explain why shares currently trade 84% off that peak price.

article thumbnail

Mubadala closes fund IV at $3.1bn, surpassing initial target by over $1bn

Private Equity Wire

Mubadala Capital, the wholly owned alternative asset management subsidiary of Mubadala Investment Company, has closed its fourth private equity fund, MIC Capital Partners IV (Fund IV), securing total commitments of $3.1bn, and surpassing its initial target of $2bn. Investors included new and existing Limited Partners, including US pension funds, university endowments, insurance plans, sovereign wealth funds, other asset managers, and family offices across key markets in North America, Europe, th

article thumbnail

Did Microsoft Stock Crush the Competition With Its New Artificial Intelligence Products?

The Motley Fool

In today's video, I discuss recent updates affecting Microsoft (NASDAQ: MSFT). To learn more, check out the short video, consider subscribing, and click the special offer link below. *Stock prices used were the pre-market prices of Oct. 22, 2024. The video was published on Oct. 22, 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 244
article thumbnail

Sixth Street makes $500m Merchant investment as part of $750m capital raise

Private Equity Wire

Private equity firm Sixth Street Partners has agreed to invest $500m in Merchant Investment Management, as part of a $750m capital raise for the New York-based RIA minority investor, according to a report by CityWire. The report cites unnamed sources familiar with the deal as confirming that Sixth Street, known for its stakes in companies like Spotify and the San Antonio Spurs, has joined a consortium of investors backing Merchant, though the other participants have not been identified.

Capital 65
article thumbnail

Why Spirit Airlines Stock Is Flying High Today

The Motley Fool

Merger talks between Frontier Group Holdings (NASDAQ: ULCC) and Spirit Airlines (NYSE: SAVE) are reportedly heating up again, and investors are excited about the possibility. Shares of Spirit soared as much as 50% at the open on Wednesday and traded up about 40% as of 11 a.m. ET. Third time's the charm? The future of Spirit Airlines has been up in the air for some time now.

Bidding 244
article thumbnail

At the Money: Building a Bond Ladder

The Big Picture

 At The Money: BlackRock on Building a Bond Ladder (October 23, 2024) Full transcript below. ~~~ About this week’s guest: Karen Veraa is a Fixed Income Product Strategist within BlackRock’s Global Fixed Income Group focusing on iShares fixed-income ETFs. She supports iShares clients, generates content on fixed-income markets and ETFs, develops new fixed-income iShares ETF strategies, and partners with the iShares team on product delivery.

article thumbnail

Where Will Nvidia Stock Be in 5 Years?

The Motley Fool

With shares up by 2,800% since 2019, Nvidia (NASDAQ: NVDA) demonstrates the life-changing potential of long-term investing. An investor who purchased just $1,000 worth of the stock back then would have $28,000 today. That said, past performance is no guarantee of future returns. Let's dig deeper to see if the iconic chipmaker still has millionaire-maker potential over the next five years and beyond.

article thumbnail

BoE seeking better tools to monitor buyout giants and hedge funds

Private Equity Wire

The Bank of England (BoE) is intensifying its efforts to closely monitor risks in the non-bank financial sector, which includes private equity firms, hedge funds, and asset managers, according to a report by Institutional Investor. Amid growing concerns over potential vulnerabilities in these institutions, BOE Governor Andrew Bailey highlighted the need for enhanced regulatory tools to better track the sector’s risk exposure.