Tue.Nov 05, 2024

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Karyopharm Therapeutics (KPTI) Q3 2024 Earnings Call Transcript

The Motley Fool

Image source: The Motley Fool. Karyopharm Therapeutics (NASDAQ: KPTI) Q3 2024 Earnings Call Nov 05, 2024 , 8:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good morning. My name is Jenny, and I will be your conference operator today. At this time, I would like to welcome everyone to Karyopharm Therapeutics third quarter 2024 financial results conference call.

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Shamrock Capital raises $1.6bn for sixth PE flagship fund and inaugural small cap fund

Private Equity Wire

Shamrock Capital (Shamrock), an LA-based investment firm specialising in the media, entertainment, and communications sectors, has held the final closing of Shamrock Capital Growth Fund VI (Growth VI) and Shamrock Capital Clover Fund I (Clover I), with a combined $1.6bn in capital commitments. After launching the fundraise in Q1, Growth VI was quickly oversubscribed, ultimately surpassing its hard cap of $1.25bn, while Clover I also significantly surpassed its target, raising approximately $320m

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NXP Semiconductors (NXPI) Q3 2024 Earnings Call Transcript

The Motley Fool

Image source: The Motley Fool. NXP Semiconductors (NASDAQ: NXPI) Q3 2024 Earnings Call Nov 05, 2024 , 8:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Jeff Palmer -- Senior Vice President, Investor Relations Hello, everyone. This is Jeff Palmer from NXP. Thank you, and welcome to the NXP Semiconductors third quarter earnings call.

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Capital Dynamics seals $1.1bn secondaries fund close, 40% more than predecessor fund

AltAssets

Asset manager Capital Dynamics has raised about $1.1bn for its sixth flagship secondaries fund - a 40% jump compared to its last fund in the strategy. The post Capital Dynamics seals $1.1bn secondaries fund close, 40% more than predecessor fund appeared first on AltAssets Private Equity News.

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Target Just Dropped These 5 Incredible Deals

The Motley Fool

Image source: Getty Images The holiday season is quickly approaching, and many retailers have reduced the prices of popular gift items to help make the upcoming gift-giving season more affordable. Target is one such retailer that offers early holiday deals that could help you save money. Want to get a head start on your shopping list? Here are a few fantastic deals that just dropped at Target.

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Astorg expands Portfolio Performance team with two senior hires

Private Equity Wire

Astorg is expanding its Portfolio Performance team with two senior hires based in London – Keith Beattie as Partner to oversee the portfolio Operations team and Markus Nagel as Managing Director to the Operational Finance practice. Beattie will report to Benjamin Cordonnier, Head of Portfolio Performance and Partner, Business Services while Nagle will report to Beattie.

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Why Palantir Stock Was Soaring Today

The Motley Fool

Shares of Palantir (NYSE: PLTR) were soaring today after the artificial intelligence (AI)-focused software stock posted better-than-expected results in its third-quarter earnings report last night, as revenue growth accelerated for the fifth quarter in a row. It posted strong margin expansion as well. As of 10:02 a.m. ET, the stock was up 20.3% on the news.

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Could Alphabet (Google) Stock Help You Retire a Millionaire?

The Motley Fool

Google's years-long run as the world's dominant internet search engine has turned Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) into a technology juggernaut worth over $2 trillion today. The stock has returned over 6,700% since its initial public offering (IPO) about 20 years ago, easily outpacing the S&P 500 's 680%. Companies grow up, mature, and then slow down.

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Dealmaking teams are getting larger as private equity matures

Private Equity Info

Private equity firms differ substantially in size as measured by factors like fund size, assets under management, or the number of portfolio companies, employees, or dealmakers. For the latter category, we define a dealmaker as an investment professional with the title of Vice President or higher, which excludes junior staff and support roles.

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2 Artificial Intelligence (AI) Stocks That Could Go Parabolic

The Motley Fool

Artificial intelligence (AI) stocks are some areas in the market where investors are looking for stocks that could go parabolic -- a status given to a stock because its price chart looks like a parabola, quickly increasing on the price axis in a relatively short time. I've identified two companies that could achieve this status: SoundHound AI (NASDAQ: SOUN) and Snowflake (NYSE: SNOW).

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Ellipsis Labs Raises $21M Led By Haun Ventures

FinSMEs

Ellipsis Labs, a NYC-based verifiable finance company, raised $21M in funding. The round was led by Haun Ventures, with participation from existing investors Electric Capital, Anatoly Yakovenko, and Paradigm. The company intends to use the funds to hire engineers and accelerate the development of the blockchain purpose-built for verifiable finance. Ellipsis Labs builds applications and infrastructure […] The post Ellipsis Labs Raises $21M Led By Haun Ventures appeared first on FinSMEs.

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5 New Brands Are Coming to Kohl's Stores

The Motley Fool

Image source: Getty Images Now that the holiday season is right around the corner, it's time to start making your lists, checking them twice, and searching for deals on the products you want to scoop up this month. November is a great time to shop for holiday gifts, since retailers tend to run sales for the bulk of the month. And Kohl's is no exception.

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Shamrock Capitals soars to $1.6bn for latest flasghip vehicle, debut smaller-cap fund

AltAssets

Media, entertainment and communications-focused private equity house Shamrock Capital has scored $1.6bn across a pair of new fundraises. The post Shamrock Capitals soars to $1.6bn for latest flasghip vehicle, debut smaller-cap fund appeared first on AltAssets Private Equity News.

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1 Unstoppable Vanguard ETF That Could Turn $1,000 Into $143,000 or More With Next to No Effort

The Motley Fool

We're now just over two years into the current bull market, and as prices continue to surge, investing now can be a fantastic way to generate long-term wealth. Exchange-traded funds (ETFs) can be a lower-effort way to get involved in the stock market. Buying just one share of an ETF can give you a stake in hundreds of stocks at once, without all the effort of researching dozens of different companies like you would by investing in individual stocks.

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Jambo and Lif3 Partner to Make Crypto Payments Accessible to Millions of Users in Emerging Markets

FinSMEs

Abu Dhabi, United Arab Emirates, 5th November 2024, Chainwire The post Jambo and Lif3 Partner to Make Crypto Payments Accessible to Millions of Users in Emerging Markets appeared first on FinSMEs.

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Warren Buffett Is Selling Apple and Bank of America, but Here Are 3 Stocks He Plans to Hold Forever

The Motley Fool

Warren Buffett hasn't seen a lot to like in the stock market recently. The chairman of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) has sold more stock than he bought in his company's equity portfolio for eight consecutive quarters. That includes selling shares in some of its most profitable positions. He started taking shares of Berkshire's huge Apple position off the table at the end of last year, selling more than two-thirds of its stake during the past four quarters.

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Silver Lake and Bain Capital eye multi-billion dollar stake in Intel’s Altera unit

Private Equity Wire

Private equity buyout giants Silver Lake and Bain Capital are expected to bid for a minority stake in Intel’s Altera unit, the tech major’s programmable chips business acquired for nearly $17bn in 2015, according to a report by Reuters. The report cites unnamed sources familiar with the matter as highlighting that Intel recently initiated a process to divest part of Altera and establish it as a standalone entity, with initial bids from interested buyers anticipated in the coming weeks.

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2 Ways the Dow Jones Industrial Average Will Change Forever on Friday

The Motley Fool

For more than 128 years, the iconic Dow Jones Industrial Average (DJINDICES: ^DJI) has served as a barometer of Wall Street's health. Over that time, it's evolved from an index that contained a dozen (mostly) industrial stocks to one that now houses 30 diverse, multinational businesses. Since its official inception on May 26, 1896, the Dow Jones has seen no shortage of changes.

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Dealmakers will celebrate the demise of Biden’s bold experiment

Financial Times M&A

Corporate and Wall Street power brokers will be happy to close the book on an era of regulatory activism

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5 Top Stocks to Buy in November

The Motley Fool

2024 has been another excellent year for major indexes like the S&P 500 (SNPINDEX: ^GSPC) -- which is up 20% year to date. Some investors may want to ride the rally higher by targeting today's leading names, whereas others may be looking for better bargains or passive income opportunities. Microsoft (NASDAQ: MSFT) , Coca-Cola (NYSE: KO) , and Roku (NASDAQ: ROKU) just sold off after reporting earnings.

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Trillion-dollar private credit Fomo

Financial Times M&A

Plus, Germany’s major industries are in crisis and police raid private equity group CVC over French football league deal

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Want to Shop at Costco for the Holidays? Here's How to Do It Without a Membership

The Motley Fool

Image source: Upsplash/The Motley Fool The holiday season will be here before we know it. In the coming weeks, you may find yourself hitting a series of stores in an effort to avoid last-minute holiday shopping. Costco is one store it pays to check out for holiday gifts, decorations, and more. Not only is the store known for its everyday low prices, but Costco already has holiday sales running so you can get a jump start on tackling your list.

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Earthodic Raises $6M in Seed Funding

FinSMEs

Earthodic, a Geebung, Queensland, Australia-based bio-packaging startup, raised $6m in Seed funding. The round was led by FTW Ventures, with participation from Circulate Capital, the Queensland Investment Corporation (QIC), UniQuest Fund, Significant Capital Ventures, Branch Venture Group, RedStick Ventures, Tenacious Ventures and Investible, Closed Loop Partners, and other US-based angel investors.

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1 Unstoppable Stock Down 72% to Buy Hand Over Fist, According to Wall Street

The Motley Fool

E-commerce websites, sports betting apps, and even stock trading platforms constantly feed real-time data to their users to create live experiences. That requires a specialized technology called data streaming, and Confluent (NASDAQ: CFLT) is an industry-leading provider. Demand for data streaming is only going to grow over time, especially as more businesses adopt artificial intelligence (AI), which is a brand-new opportunity for the industry.

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Dash0 Raises $9.5M in Seed Financing

FinSMEs

Dash0, a Solingen, Germany-based provider of an opentelemetry-native observability tool, raised $9.5M in Seed funding. The round was led by Accel, with participation from Dig Ventures and angel investors including Guy Podjarny (co-founder, Snyk) and Guillermo Rauch (CEO, Vercel). The company intends to use the funds to accelerate product development and scale its sales and […] The post Dash0 Raises $9.5M in Seed Financing appeared first on FinSMEs.

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Statistics Say: This Is the Best Age to Claim Social Security

The Motley Fool

Social Security keeps tens of millions of older Americans above the poverty line. It's likely to provide critical income to you, too, when you're retired. It's important, then, to make savvy decisions regarding Social Security -- such as when to claim your benefits. Here's a look at the best age for most people to do so -- and why you might want to claim your benefits earlier.

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Workgrounds Raises $2.6M in Funding

FinSMEs

Workgrounds, a New York based startup that automates the process of booking and managing hotel room blocks for companies, raised $2.6m in pre-seed funding. Backers included Oceans Ventures, Hannah Grey, Volo Ventures, and deftly.vc. The company intends to use the funds to expand operations and its development efforts. Co-founded by Nikhil Sethi and Garrett Ullom, Workgrounds is […] The post Workgrounds Raises $2.6M in Funding appeared first on FinSMEs.

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This Unstoppable 6.5%-Yielding Dividend Stock Continues to Supercharge Its Growth Engine

The Motley Fool

Enbridge (NYSE: ENB) has been unstoppable over the years. The Canadian pipeline and utility operator has increased its dividend annually for nearly three decades. Fueling that unstoppable growth has been its ability to continue expanding its operations and cash flow by growing its energy infrastructure platforms. The energy company has secured several new sources of growth this year.

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Workorb Raises Seed Funding

FinSMEs

Workorb, a Toronto, Canada-based startup helping companies in the Architecture, Engineering, and Construction (AEC) industries to leverage their project data, raised an undisclosed amount in Seed funding. The round was led by Metavallon VC and Freedom of Innovation Ventures (by Sang Kyun Cha, founder of SAP Hana). The company intends to use the funds to expand sales […] The post Workorb Raises Seed Funding appeared first on FinSMEs.

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A Once-in-a-Decade Opportunity: 1 Super S&P 500 Stock Down 40% to Buy After Its Recent Pullback

The Motley Fool

While the debate over whether it's better to pay for high-quality or high-growth businesses will never end, the easiest solution is to find stocks offering both. One company that fits this best-of-both-worlds billing is Idexx Laboratories (NASDAQ: IDXX) , offering leading pet healthcare diagnostics operations. Delivering annualized revenue and free-cash-flow growth of 10% and 25%, respectively, over the past decade, the company's razor-and-blade model has turned it into a steady compounder.

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Chemonics Acquires Luvent Consulting

FinSMEs

Chemonics International, a Washington, DC-based sustainable development company, announced its acquisition of Luvent Consulting, a Berlin, Germany-based company specialising in sustainable development solutions. The amount of the deal was not disclosed. This strategic partnership signals Chemonics’ commitment to expanding its presence in Europe and beyond.

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ExxonMobil is 1 of Less Than 4% of S&P 500 Members to Achieve This Rare Feat

The Motley Fool

The oil industry has had its share of ups and downs over the decades. Crude prices have varied wildly over the years. They even briefly went negative during the pandemic, only to spike into the triple digits after Russia invaded Ukraine. That stomach-turning volatility has made it difficult for many oil companies to maintain their dividends over the years, let alone continue increasing their payouts.

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Advania UK Closes Acquisition of CCS Media 

FinSMEs

Advania UK, a London, UK-based Microsoft Partner and part of the multi-billion Advania group, announced it has completed its acquisition of CCS Media, a Chesterfield, UK-based progressive IT solutions provider operating across the UK. The amount of the deal was not disclosed. The acquisition will unite Advania with CCS Media, creatinf a £1.4bn+ Microsoft-driven powerhouse of over […] The post Advania UK Closes Acquisition of CCS Media appeared first on FinSMEs.

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Microsoft Stock Just Had Its Worst Day in Two Years. Is It a Buy Now?

The Motley Fool

Microsoft (NASDAQ: MSFT) fell 6.1% on Thursday, its worst session since Oct. 26, 2022, when the tech giant slipped 7.7%. Even after gaining 1% on Friday, Microsoft is up less than 8% year to date (YTD), heavily underperforming the S&P 500 's 20.1% YTD gain. Here's why Microsoft's stellar results weren't enough to impress investors but why the growth stock could still be worth buying.

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Endeavor Raises $7M in Seed Funding

FinSMEs

Endeavor, a San Francisco, CA-based provider of an enterprise AI platform for manufacturing companies, raised $7m in seed funding. The round was led by Craft Ventures with participation from Heartland Ventures, Contrary Capital, and BoxGroup. The company intends to use the funds to expand operations and its business reach. Led by Sahitya Senapathy, founder and CEO, […] The post Endeavor Raises $7M in Seed Funding appeared first on FinSMEs.

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Coupang (CPNG) Q3 2024 Earnings Call Transcript

The Motley Fool

Image source: The Motley Fool. Coupang (NYSE: CPNG) Q3 2024 Earnings Call Nov 05, 2024 , 5:30 p.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Hello, everyone. My name is Krista, and I will be your conference operator today. At this time, I would like to welcome everyone to the Coupang 2024 third-quarter earnings conference call.

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Radical Forge Raises £2.6M in Funding

FinSMEs

Radical Forge, a Middlesbrough, UK-based games studio, raised £2.6M in funding. The round was led by NPIF II – Mercia Equity Finance, which is managed by Mercia Ventures as part of the Northern Powerhouse Investment Fund II (NPIF II). The company intends to use the funds to expand its team with the creation of 15 jobs, take […] The post Radical Forge Raises £2.6M in Funding appeared first on FinSMEs.

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