Wed.Nov 06, 2024

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Warren Buffett's $166 Billion Warning to Wall Street Has Become Deafening

The Motley Fool

For decades, no money manager has been more closely followed by investors than Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) CEO Warren Buffett. Since ascending to the CEO chair in the mid-1960s, the "Oracle of Omaha," as he's now known, has overseen a cumulative return in his company's Class A shares (BRK.A) that's approaching 5,500,000%! Riding Buffett's coattails by mirroring his investing activity at Berkshire Hathaway has been a successful investment strategy for a long time.

Banks 246
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Unlocking the transformative power of private markets

Private Equity Wire

With the Private Capital Summit Europe 2025 just three months away, Aftab Bose, Private Equity Wire’s Head of Content, outlines why next year’s flagship European event is a ‘must-attend’ for GPs and LPs alike… What is the aim of the Private Capital Summit Europe 2025? Private markets are transforming the world. Look at the role they’re playing in tech advancement, the green transition, sports, music and entertainment, and other critical sectors and economies worldwide.

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1 Top Cryptocurrency to Buy Before It Soars 18,600%, According to Billionaire Michael Saylor of MicroStrategy

The Motley Fool

Are you worried it's too late to buy Bitcoin (CRYPTO: BTC) ? Although the pace of some of the cryptocurrency's previous run-ups may be difficult to match, there is still plenty of room for it to grow. But just how much? If you believe Michael Saylor, the outspoken chief of MicroStrategy (NASDAQ: MSTR) , the answer is a whole lot. Known for his bold and fearless Bitcoin advocacy, Saylor isn't shy about setting high price targets.

Assets 246
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Blackstone Real Estate to Take Retail Opportunity Investments Private for $4 Billion

Blackstone News

The post Blackstone Real Estate to Take Retail Opportunity Investments Private for $4 Billion appeared first on Blackstone.

Investing 105
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Get Pumped: 2025 Roth IRA Income Limits Are Rising

The Motley Fool

The IRS just released the 2025 contribution and income limits for retirement accounts, including Roth IRAs. While it might be a bummer that Roth IRA contribution limits aren't increasing, the good news is that income limits are moving up. This change means you might have a better chance of qualifying to make direct contributions to a Roth IRA in 2025.

Taxes 246
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KKR secures 35% Fuji Soft stake following initial tender offer stage

Private Equity Wire

Global private equity firm KKR has acquired a 35% stake in Japan-based software developer Fuji Soft after completing the first stage of its two-part buyout tender offer, Fuji Soft announced on Wednesday, according to a report by Reuters. The report cites an unnamed source familiar with the matter as revealing that KKR’s newly acquired stake now gives it enough voting power to potentially block a competing offer from rival private investment firm Bain Capital, which in October proposed a hi

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Akin adds Partner to PE transactions practice

Private Equity Wire

Akin has expanded its PE capabilities with the appointment of Elina Alperovich as a private equity Transactions Partner based in the firm’s New York office. Alperovich joins from Apollo Global Management where she served as Transaction Counsel. Alperovich has extensive experience advising private equity sponsors and their portfolio companies on a broad range of transactions, including mergers and acquisitions, leveraged buyouts, minority and growth investments, joint ventures, carve-outs a

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As NJOY Powers Altria's Growth, Is It Time to Buy the Stock?

The Motley Fool

With a forward dividend yield of 7.5%, it's no secret what attracts most investors to Altria Group (NYSE: MO). The company is a dividend darling, having increased its payout every year since 2009. While revenue growth has been a struggle for the company in recent years, it is looking to change that with its NJOY business. This has helped the stock to a 35% gain in price since the start of the year, on top of its nice dividend payout.

Taxes 246
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Katten adds Partner to private credit practice in New York

Private Equity Wire

Full service law firm Katten has appointed Maximilien Pucci-Sisti Maisonrouge as a Partner in the firm’s private credit practice in New York, where he will work on complex transactions and provide key guidance on various deal types. Maisonrouge’s experience includes work on unitranche, first- and second-lien credit facilities, investment-grade, middle-market, and large-cap financings as well as cross-border and domestic acquisition financings, and debt restructuring transactions.

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Could This Move by Nvidia Protect It From Super Micro Computer's Woes?

The Motley Fool

Super Micro Computer (NASDAQ: SMCI) and Nvidia (NASDAQ: NVDA) have both been winners during this artificial intelligence (AI) boom. Nvidia makes graphics processing units (GPUs) and other related products and services, while Super Micro Computer, also known as Supermicro, incorporates GPUs -- those of Nvidia and other chip designers -- into its server systems for data centers.

Funds 246
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HPS leads £800m Ocorian credit deal

Private Equity Wire

HPS Investment Partners is leading the provision of an £800m ($1bn) private credit package for Ocorian, a Jersey-based investment management firm backed by private equity firm Inflexion, according to a report by Bloomberg. The report cites unnamed sources familiar with the matter as confirming that Apollo Global Management, Carlyle Group, and Goldman Sachs Asset Management are also participating in the financing deal, which aims to refinance Ocorian’s existing unitranche loan from Ares Ma

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AppLovin (APP) Q3 2024 Earnings Call Transcript

The Motley Fool

Image source: The Motley Fool. AppLovin (NASDAQ: APP) Q3 2024 Earnings Call Nov 06, 2024 , 5:00 p.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: David Hsiao -- Head of Investor Relations Welcome to AppLovin's earnings call for the third quarter ended September 30th, 2024. I'm David Hsiao, head of investor relations.

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Ex-Coller, CVC, Tikeahau IR exec Ajjour to head up CC Capital fundraising efforts

AltAssets

New York private equity firm CC Capital has brought in former Coller Capital, CVC and Tikehau Capital investor relations specialist Rabeeh Ajjour as head of fundraising and IR. The post Ex-Coller, CVC, Tikeahau IR exec Ajjour to head up CC Capital fundraising efforts appeared first on AltAssets Private Equity News.

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Fastly (FSLY) Q3 2024 Earnings Call Transcript

The Motley Fool

Image source: The Motley Fool. Fastly (NYSE: FSLY) Q3 2024 Earnings Call Nov 06, 2024 , 4:30 p.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good afternoon. My name is Tamika, and I will be your conference operator today. At this time, I would like to welcome everyone to the Fastly third quarter 2024 earnings conference call.

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NewVest picks up $180m for second private equity index fund

AltAssets

Private markets index fund manager NewVest has raised $180m for its sophomore PE fund - making it more than 30% larger than its debut vehicle in the strategy. The post NewVest picks up $180m for second private equity index fund appeared first on AltAssets Private Equity News.

Funds 93
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Want the Max $5,108 Social Security Benefit? Here's the Salary You Need.

The Motley Fool

The average Social Security retirement benefit was $1,921.56 in September. While that might be a nice supplement to your retirement savings, it's hardly enough for most retirees to live on. That's especially true when you consider the rapidly rising costs of healthcare and housing. But if you earn enough during your career, you could receive a lot more from Social Security when you retire.

Taxes 246
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Riverside to exit HTBA investment

Private Equity Wire

The Riverside Company (Riverside), a private investment firm focused on the smaller end of the middle market, is to sell HealthTech BioActives (HTBA) to Miura Partners, a private equity firm that invests in Southern Europe. HTBA is a science-based specialist in the manufacturing and commercialisation of citrus flavonoids and active forms of vitamin B12 for the pharmaceutical, nutraceutical, food and beverage, and animal nutrition sectors and sells to customers in more than 60 countries around th

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Elections Pass, Stocks March On

The Motley Fool

Investors spent most of 2024 shrugging off macro geopolitical fears -- energy, climate change, conflicts in Ukraine and the Middle East -- that could potentially have disrupted market returns. Instead, the narratives driving the markets have been much more focused on AI, resilient growth, and lower interest rates, with seemingly little worry about who sits in the White House.

Returns 246
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Apollo beats expectations with 12% Q3 profit surge

Private Equity Wire

Apollo Global Management reported a 12% rise in third-quarter profit on Tuesday, outperforming Wall Street expectations as it secured more assets and originated record levels of debt and other capital, according to a report by Reuters. The alternative asset manager posted an adjusted net income of $1.13bn, or $1.85 per share, for the quarter ending 30 September, surpassing analysts’ forecast of $1.72 per share, according to LSEG data.

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1 Top Cryptocurrency to Buy Before It Soars 18,600%, According to Michael Saylor

The Motley Fool

Bitcoin (CRYPTO: BTC) is undoubtedly one of the best financial assets anyone could've owned in the past decade, turning tiny amounts of capital into huge sums of wealth. But there is still huge upside, at least based on the perspective of an expert in the field. According to billionaire tech executive Michael Saylor, who founded software company MicroStrategy , the world's top cryptocurrency could soar 18,600% from its current price of $69,300 (as of the evening on Oct. 31) to $13 million in 204

Assets 246
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Florida SBA said to commit more than $200m to PE, credit funds – ICG picks up lion’s share

AltAssets

Pension giant the Florida State Board of Administration has reportedly made more than $200m of new private equity and credit fund commitments. The post Florida SBA said to commit more than $200m to PE, credit funds – ICG picks up lion’s share appeared first on AltAssets Private Equity News.

Funds 90
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Should You Buy Palantir Stock After Its 170% Gain in 2024? Wall Street Has a Clear Answer for Investors

The Motley Fool

Palantir Technologies (NYSE: PLTR) has seen its share price surge 170% since January as investors have become increasingly confident in the company's artificial intelligence (AI) software. That makes Palantir the third-best performing stock in the S&P 500 (SNPINDEX: ^GSPC) year to date. Only Vistra and Nvidia have been more rewarding investments. However, Wall Street is overwhelming bearish where Palantir is concerned.

Investors 246
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Carrefour seeks way out of strategic impasse

Financial Times M&A

Retailer’s CEO Alexandre Bompard is examining range of options including disposals as share price lags peers

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2 Dividend Stocks to Double Up On Right Now

The Motley Fool

Many investors love receiving dividends. They can provide a source of regular income, and historically, dividend-growing stocks have produced total returns that outperformed the S&P 500. Naturally, stock selection matters. You want to pick companies that not only have relatively high dividend yield s but also those with a history of increasing payouts.

Returns 244
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Deal Roundup: Abry, BHMS completed Innovisk trade sale, Aterian acquires Outlook Group

AltAssets

Abry Partners and BHMS Investments have completed the sale of insurance managing general agent specialist Innovisk to trade buyer Ryan Specialty. The post Deal Roundup: Abry, BHMS completed Innovisk trade sale, Aterian acquires Outlook Group appeared first on AltAssets Private Equity News.

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Why Renewable Energy Stocks Plunged Today

The Motley Fool

While most of the stock market is on the rise, the renewable energy industry is taking it on the chin in trading today. Not only is there speculation that subsidies could be cut back, but higher interest rates may lower the opportunity for renewable energy projects. Three of the biggest movers were First Solar (NASDAQ: FSLR) falling as much as 19.7%, Fluence Energy (NASDAQ: FLNC) falling 18.8%, and Brookfield Renewable Partners (NYSE: BEP) down 9.5%.

Taxes 244
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How an iterative strategy shapes success at Baylor university endowment

Top 1000 Funds

David Morehead, chief investment officer of Baylor University endowment in Texas explains why he's concerned about too much diversification and why the rewards of interest rate cuts will be most keenly felt in small cap equities.

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Want Free Money? Look No Further Than These Passive Income Streams

The Motley Fool

Image source: The Motley Fool/Upsplash There's no dream as universal as winning it big in the lottery -- the appeal of free money is a draw like a moth to a porch light on a summer night. But your odds of winning the lottery are astronomically small. Maybe we need to set our sights a bit lower and aim for some free money you can actually get started earning today, with what you already have, and with no element of chance involved whatsoever.

Startups 244
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Silver Lake and Shore Capital deal creates large chain of US petcare clinics

Financial Times M&A

Merger of Southern Veterinary and Mission Veterinary sets up group valued at $8.

Capital 62
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Why Progressive Stock Was a Winner on Wednesday

The Motley Fool

Progressive (NYSE: PGR) , the insurance company perhaps best known for its quirky TV ads, had a fine Wednesday on the stock market. On news of an analyst's latest bullish take on its prospects, the insurer's stock enjoyed a more than 4% rise across the Hump Day trading session. That gain outpaced that of the S&P 500 index, which had a relatively bullish day with a 2.5% rise.

Prospects 242
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1inch appoints a new Chief Compliance Officer

FinSMEs

Dubai, UAE, 6th November 2024, FinanceWire The post 1inch appoints a new Chief Compliance Officer appeared first on FinSMEs.

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Is Nvidia Headed to $200 in 2025?

The Motley Fool

Nvidia (NASDAQ: NVDA) has been one of the best stocks to own over the past two years, returning 239% in 2023, 169% so far in 2024, and over 800% since the start of 2023. That's quite the run, and many investors might wonder if year three of its run will also be profitable. While the stock doubling or tripling isn't likely to occur, a modest gain, like crossing the $200 price per share mark, may be in the cards.

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Warburg AI Raises $250K in Seed Funding

FinSMEs

Warburg AI, a Sharjah, UAE-based artificial intelligence company working across forex and cryptocurrency markets, raised $250K in Seed funding. The backers were undisclosed. The company intends to use the funds to expand operations and its product development efforts. Founded in 2024 by Ben Pfeffer, Lancelot De Briey and Madiyar Ismagulov, Warburg AI specializes in developing […] The post Warburg AI Raises $250K in Seed Funding appeared first on FinSMEs.

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Eli Lilly Posts a Huge Earnings Miss. Should Investors Be Worried?

The Motley Fool

If you're investing in a stock with a high valuation , you know that expectations are going to be high when it's time for the company to report earnings. Any miss compared to analyst estimates or underwhelming guidance can quickly lead to a sell-off, analyst downgrades, and a much different outlook for the stock as a whole. Healthcare giant Eli Lilly (NYSE: LLY) has been trading at an inflated valuation for some time thanks to excitement around its diabetes and weight loss treatments, Mounjaro a

Investors 234