The Motley Fool

NOVEMBER 7, 2024

Over the last two years, there's not been a hotter trend on Wall Street than the rise of artificial intelligence (AI). In Sizing the Prize , the analysts at PwC predict AI will lift worldwide gross domestic product by $15.7 trillion come 2030. The overwhelming potential for artificial intelligence to infiltrate almost every sector and industry of the global economy isn't lost on Wall Street analysts or its top money managers.

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Financial Times M&A

NOVEMBER 7, 2024

Berkshire Hathaway has investors asking questions after filling its coffers by unwinding its most profitable trade

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Investors 111

The Motley Fool

NOVEMBER 7, 2024

It's quite reasonable to be suddenly interested in semiconductor stocks if you've been following business news. After all, semiconductor darling Nvidia (NASDAQ: NVDA) was recently up 226% over the past year and has averaged gains of 75% annually over the past decade. Who wouldn't dream of enjoying such outsized returns? Well, you might still invest in Nvidia, and many see a great future for the company , but its shares have arguably gotten ahead of themselves to some degree and don't appear to b

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Exchange-Traded Funds Prospects Funds Returns 246

Financial Times M&A

NOVEMBER 7, 2024

The US election and elevation of the Tesla boss could lead to big deal fees.

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The Motley Fool

NOVEMBER 7, 2024

Warren Buffett's conglomerate Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) reported third quarter results last Friday, with somewhat surprising news. Berkshire continued to sell down its largest equity holdings Apple (NASDAQ: AAPL) and Bank of America (NYSE: BAC) in significant fashion. Berkshire sold another 25% or so of its Apple stock, bringing total year-to-date sales to 600 million shares, or around two-thirds of its stake since the beginning of the year.

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Banks Conglomerates Stakes Taxes 246

FinSMEs

NOVEMBER 7, 2024

NitroVolt, a Søborg, Denmark-based startup developing green ammonia for farmers, raised €3.5M in Seed funding. Backers included BackingMinds, EIFO, EQT Foundation, Satgana, and DivisionM. The company intends to use the funds to build the first on-site container-sized demonstration unit, producing green ammonia from air, water, and clean electricity.

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Funds Startups Companies 110

Financial Times M&A

NOVEMBER 7, 2024

Two groups explore strategic partnership as world’s largest asset manager seeks to expand in fast-growing alternatives

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Stakes Asset Management Assets 109

The Motley Fool

NOVEMBER 7, 2024

Vanguard is making many investors happy these days. Forty-two of the 86 exchange-traded funds (ETFs) managed by the company have delivered double-digit total year-to-date returns. Sixteen Vanguard ETFs claim total returns of at least 20%. What's the best-performing Vanguard ETF of 2024 so far? Top contenders You might be surprised by some of the top contenders in Vanguard's family of ETFs.

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Exchange-Traded Funds Returns Portfolios Funds 246

Financial Times M&A

NOVEMBER 7, 2024

Predators will struggle to money from the UK luxury group with revenues forecast to be down 20%

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The Motley Fool

NOVEMBER 7, 2024

Stodgy tobacco stock Altria Group (NYSE: MO) , most known for selling Marlboro cigarettes in the U.S. and paying hefty dividends to its shareholders, has sprung to life this year. The stock has returned over 34% year to date, good enough to outpace the S&P 500 , even when excluding dividends. It's a pleasant gift to investors, who also enjoy a whopping 7.5% dividend yield from Altria.

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Accounting Shareholders Returns Investors 246

FinSMEs

NOVEMBER 7, 2024

Corgea, a San Francisco, CA-based cybersecurity startup providing an AI-powered security platform, raised $2.6M in Seed funding. The round was led by Shorooq Partners, with participation from investors Y Combinator (YC), Propeller, Decacorn Capital, Unbound Ventures, and various angels such as Jawed Karim (co-founder of Youtube & Y Ventures) and Sam Kassoumeh (Co-founder of SecurityScoreCard). […] The post Corgea Raises $2.6M in Seed Funding appeared first on FinSMEs.

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Startups Funds Capital Investors 104

The Motley Fool

NOVEMBER 7, 2024

Social Security is an important source of income for most retired Americans, but benefits vary greatly across the 50 states. For instance, the median-monthly payout for New Jersey residents exceeds the median-monthly payout for Mississippi residents by more than $420, and the annual discrepancy tops $5,100. However, the Social Security Administration (SSA) does not consider state of residence when calculating retired-worker benefits, at least not directly.

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AltAssets

NOVEMBER 7, 2024

Primo Health, a newly-launched private equity fund focused on small and medium-sized healthcare companies in Italy, has hit a $64m first close. The post EIF, Fondo Italiano d’Investimento backing helps Primo Capital healthcare fund to $64m first close appeared first on AltAssets Private Equity News.

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Capital Funds Companies Buyout 97

The Motley Fool

NOVEMBER 7, 2024

Investors are getting excited about SoFi Technologies (NASDAQ: SOFI) stock again. The fintech superstar lost market confidence earlier this year as its lending business came under pressure from interest rates, but it has continued to gain traction as a real alternative to the big, traditional banks. Chief Executive Officer Anthony Noto is confident that SoFi will become one of the 10 biggest banks in the country.

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Financial Services Banks Accounting Returns 246

Private Equity Wire

NOVEMBER 7, 2024

BlackRock is preparing to launch a private credit loan fund which is aiming to raise up to $1.3bn to distribute to existing investors, according to a report by Bloomberg, citing sources familiar with the plan. The transaction, which is being arranged by Jefferies Financial Group, will consist of approximately 300 first-lien loan positions and represents one of the largest private credit transfers into a continuation fund, Bloomberg’s sources said.

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Funds Bidding Stakes Capital 95

The Motley Fool

NOVEMBER 7, 2024

Whether you realize it or not, this is a big week for the ageless Dow Jones Industrial Average (DJINDICES: ^DJI). Following the close of trading today, Nov. 7, a new era will begin for the Dow, with two market-leading businesses joining the index, and two longtime stalwarts being shown the door. On Friday, Nov. 1, the committee that oversees additions and subtractions to this 30-component index announced that struggling semiconductor stock Intel , which has been in the Dow Jones for the last 25

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Prospects Companies Returns Investors 246

Private Equity Wire

NOVEMBER 7, 2024

Sullivan Street Partners, a UK-based mid-market buy-out specialist, has exited its investment in Tivoli with a sale to the Nurture Group, a provider of grounds maintenance, interior and exterior plant displays, winter gritting and green solutions for the corporate sector. Headquartered in Cheshire, Tivoli services both public and private sectors across the UK, completing projects in grounds and winter maintenance, arboriculture, as well as interior plants and floristry.

Companies 98

Companies Assets Portfolios Investing 98

The Motley Fool

NOVEMBER 7, 2024

The good news for crypto investors is that Bitcoin (CRYPTO: BTC) is up 65% for the year. At its current price of $70,000, it is now within striking distance of its all-time high of $73,750 from earlier this year. The bad news, though, is that the cryptocurrency has largely underperformed expectations this year and has struggled to break through the $70,000 mark for several months now.

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Exchange-Traded Funds Assets Investors Returns 246

AltAssets

NOVEMBER 7, 2024

GHO Capital Partners and Ampersand Capital Partners have agreed to buy biologics CDMO Avid Biosciences in a $1.1bn deal. The post Deal Roundup: GHO, Ampersand seal $1.1bn Avid Biosciences deal, Mutares makes 15th acquisition of 2024 appeared first on AltAssets Private Equity News.

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Capital Buyout Funds Investing 95

The Motley Fool

NOVEMBER 7, 2024

Are you looking to beef up your portfolio's exposure to dividend-paying holdings? Now's certainly the right time to do so. Not only will the Federal Reserve's expected interest rate cuts over the next couple of years drag dividend yields lower, it will do so by inflating prices of dividend stocks themselves. By stepping in now, you'll lock in above-average yields on any new dividend names before they catch the brewing bullish tailwind.

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Banks Prospects Shareholders Funds 246

Private Equity Wire

NOVEMBER 7, 2024

EQT, a private investment firm with €246bn in total assets under management, has made a SKR15.3bn (€1.3bn) take-private offer for Stockholm-listed industrial component distributor OEM International, according to a report by PE Hub. Key OEM stakeholders have backed the offer by agreeing to sell about 75% of their shares, which equates to around 72.5% of the company’s total voting rights and approximately 25.7% of its share capital.

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Mergers and Acquisitions Bidding Leveraging Shareholders 96

The Motley Fool

NOVEMBER 7, 2024

Image source: The Motley Fool. Redfin (NASDAQ: RDFN) Q3 2024 Earnings Call Nov 07, 2024 , 4:30 p.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good day, ladies and gentlemen and welcome to the Redfin Corporation Quarter 3 2024 earnings conference call. All lines have been placed on a listen-only mode and the floor will be open for questions and comments following the presentation.

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Amortization Bidding Funds Investors 246

Private Equity Wire

NOVEMBER 7, 2024

Bowmark Capital, a £2bn UK-based private equity firm focussed on investments in technology, data, and services companies, has promoted Tom Shelford, head of the firm’s Software practice to Managing Partner. Shelford joined Bowmark in 2008, becoming a partner in 2014 and a member of the Investment Committee and Executive Board in 2016. He has played a key role in the firm’s development over the past 16 years, and has been responsible for a number of successful investments.

Private Equity Firms 90

Private Equity Firms Private Equity Firms Finance Financing 90

The Motley Fool

NOVEMBER 7, 2024

MPLX (NYSE: MPLX) has been a very steady grower over the years. It has invested heavily in organic expansion projects and acquisitions to grow its midstream footprint. These investments have paid big dividends for investors over the years. The master limited partnership (MLP) has increased its distribution every year since it came public in 2012. The MLP has plenty of fuel to continue growing its high yield of nearly 8.5% in the coming years.

Leveraging 245

Leveraging Taxes Returns Portfolios 245

AltAssets

NOVEMBER 7, 2024

David Blitzer, the head of Blackstone's $37bn Tactical Opportunities unit targeting non-traditional PE and debt deals, is stepping back from day-to-day management of the business arm. The post Blackstone’s Blitzer to stop day-to-day management of $37bn Tactical Opportunities arm appeared first on AltAssets Private Equity News.

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Debt Buyout Funds Investing 95

The Motley Fool

NOVEMBER 7, 2024

Millions of seniors today rely on Social Security to make ends meet. For some people, those monthly benefits are their primary source of income. Others have only those benefits to turn to for money in retirement, so it stands to reason that Social Security's annual cost-of-living adjustments, or COLAs, are important to beneficiaries. The purpose of Social Security COLAs is to help ensure that beneficiaries don't lose buying power over time.

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Financing Finance 245

AltAssets

NOVEMBER 7, 2024

Energy and manufacturing-focused Pelican Energy Partners has soared past its target for a new fund targeting nuclear services companies, reaching $450m at final close. The post Pelican Energy Partners picks up $450m for nuclear services fund, well above $300m target appeared first on AltAssets Private Equity News.

Funds 80

Funds Companies Buyout Investing 80

The Motley Fool

NOVEMBER 7, 2024

It wasn't too long ago that the investment community couldn't get enough of FAANG stocks. Yeah, remember those? But over the last couple of years, financial acronyms have reshuffled and now the apparent new favorites are the "Magnificent Seven" -- a club that includes Microsoft , Alphabet , Amazon (NASDAQ: AMZN) , Apple , Nvidia , Meta Platforms , and Tesla.

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Prospects Returns Capital Companies 245

Financial Times - Banking

NOVEMBER 7, 2024

More bonuses will go to those who move client assets into investments, and less to those who sell new loans

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Assets Investing 78

The Motley Fool

NOVEMBER 7, 2024

Image source: The Motley Fool. The Trade Desk (NASDAQ: TTD) Q3 2024 Earnings Call Nov 07, 2024 , 5:00 p.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Greetings. Welcome to the Trade Desk third quarter 2024 earnings conference call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation.

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Capital Companies Taxes Bidding 245

Financial Times M&A

NOVEMBER 7, 2024

French football club has assumed it will receive up to €40mn from owner’s sale of Crystal Palace stake

Stakes 78

Stakes Funds 78

The Motley Fool

NOVEMBER 7, 2024

Image source: The Motley Fool. Magnite (NASDAQ: MGNI) Q3 2024 Earnings Call Nov 07, 2024 , 4:30 p.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good day, and welcome to Magnite's third quarter 2024 earnings call. All participants will be in a listen-only mode. [Operator instructions] Please note this event is being recorded.

Bidding 245

Bidding Leveraging Capital Companies 245

AltAssets

NOVEMBER 7, 2024

Lower mid-market private debt manager Beechbrook has raised more than £150m for the first close of its UK SME Credit IV fund, including separately managed accounts. The post Beechbrook bring in over £150m for SME credit fund first close, eyes up to £250m appeared first on AltAssets Private Equity News.

Funds 93

Funds Debt Accounting Buyout 93

The Motley Fool

NOVEMBER 7, 2024

Shares of SoundHound AI (NASDAQ: SOUN) started Thursday's trading with a modest gain and kept climbing nearly all day long. When the closing bell rang, the stock had jumped 22.1% higher. Meme stock frenzy The company had no news to report today. It's earnings season, but SoundHound AI will publish its third-quarter results next Tuesday. The company didn't file any documents with the Securities and Exchange Commission (SEC) today, nor did it send out any press releases.

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Securities and Exchange Commission (SEC) Prospects Returns Portfolios 245