Sat.Jan 27, 2024

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History Suggests the Nasdaq Will Soar in 2024: 2 Brilliant Artificial Intelligence (AI) Growth Stocks to Buy Before It Does

The Motley Fool

After a year of spectacular gains, the stock market seems to be taking a breather to kick off the new year. Investors are justifiably cautious after the Nasdaq Composite (NASDAQINDEX: ^IXIC) notched gains of 43% last year. Given those stellar gains, investors are left to wonder if the current rally still has legs -- and history can help provide some guidance.

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Switzerland’s Holcim plans separation of US cement business

Financial Times M&A

Deal could be announced in days and the North American operations eventually listed

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3 Common Mistakes to Avoid in Gig Working and How to Succeed in 2024

The Motley Fool

Image source: Getty Images Gig work is becoming more and more common as the cost of living rises and Americans want more flexibility with their employment situation. According to Statista, there are 57.3 million freelance workers in this country -- and many of them aren't full-time freelancers, but people who do some gig work alongside another job. If you're hoping to join the gig economy yourself this year, welcome to the fold.

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ObjectiveHealth Receives Strategic Growth Investment from Vitruvian Partners

FinSMEs

ObjectiveHealth, a Nashville, TN-based integrated specialty research network and technology company, received a strategic growth investment from Vitruvian Partners. The amount of the deal was not disclosed. The company intends to use the funds to expand its operations and continue its growth. Led by CEO Colleen Hoke, ObjectiveHealth is an integrated research provider, partnering with physicians […] The post ObjectiveHealth Receives Strategic Growth Investment from Vitruvian Partners appear

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7 Stocks Ready for Dividend Hikes in 2024

The Motley Fool

Many companies have a long history of increasing their dividends. A few of them have already boosted their payouts in 2024. Many more will likely do so in the coming months. Here are seven stocks primed to hike their payouts by around 10% in 2024. Broadcom Broadcom (NASDAQ: AVGO) has done a phenomenal job growing its dividend since initiating the payment in its 2011 fiscal year: AVGO Dividend data by YCharts The semiconductor and software company most recently hiked its payout by 14% last Decemb

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Thentia Raises $38M in Series B Extension Funding

FinSMEs

Thentia, an Oklahoma City, OK-based company which specializes in regulatory technology, raised $38M in Series B extension. The round was led by First Ascent Ventures, Spring Mountain Capital, BDC Capital, and Espresso Capital. The company intends to use the funds to scale operations, propel accelerated growth, invest in artificial intelligence, and enhance its ability to meet the needs […] The post Thentia Raises $38M in Series B Extension Funding appeared first on FinSMEs.

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JPMorgan reshuffle sparks fresh bets in Dimon succession sweepstakes

Financial Times - Banking

Jennifer Piepszak cements her status as a leading contender but the CEO is not leaving anytime soon

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Here's the Average Social Security Benefit at Ages 62 and 67

The Motley Fool

There's arguably no social program more vital to the financial well-being of our nation's seniors than Social Security. Every year, Social Security pulls more than 21.7 million people out of poverty, including close to 15.4 million adults aged 65 and over. What's more, up to 90% of the retirees that national pollster Gallup has been surveying annually for more than two decades have noted that they rely on their monthly Social Security check to cover at least some portion of their expenses.

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Aleph.im launches Twentysix Cloud: An enhanced marketplace for Decentralized Cloud Computing

FinSMEs

Paris, France, January 26th, 2024, Chainwire Twentysix Cloud is an all-in-one, decentralized cloud marketplace, powered by aleph.im’s Decentralized Physical Infrastructure Network (DePIN). This launch marks a significant step in bridging decentralized cloud solutions with the growing demand for computing resources. Aleph.im announces the launch of its innovative hub.

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Social Security Divorce Benefits: 3 Things All Divorced Spouses Should Know

The Motley Fool

Saving for retirement is tough, and Social Security can go a long way toward making ends meet -- especially if your nest egg isn't as robust as you'd hoped. Retirement benefits are the most common type of Social Security, but they're not the only form of benefits available. If you've ever been married, you could potentially qualify for spousal or divorce benefits.

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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: • Why Walmart pays its truck drivers 6 figures : Walmart’s stores are bare-bones — but their truckers’ pay stubs aren’t. ( Freight Waves ) • How a Lucky Break Fueled Eli Lilly’s $600 Billion Weight-Loss Empire : The company’s new obesity shot, Zepbound, is expected to be the bestselling drug of all time. ( Businessweek ) • Welcome to 2034: What the world co

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5 Secrets of 401(k) Millionaires

The Motley Fool

Becoming a millionaire is right up there with owning a home as part of the American dream. Unfortunately, it's a dream too few people realize. Less than 9% of Americans have a net worth of at least $1 million. However, if you wish to join the ranks of those millionaire Americans, a retirement account such as a 401(k) plan can be the most straightforward path to success.

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PC Capital exits Rancho Los Molinos

Private Capital Investment in Latin America

PC Capital exited Rancho los Molinos, a Mexico-based distributor of vegetable seeds, soils and gardening products, to a group of investors led by Exitus Control.

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Is Ford's Big EV Move a Red Flag for Rivian?

The Motley Fool

More and more signs point toward a future where the roads are filled with electric vehicles (EVs), but the U.S. is heading to that future a little slower than some investors hoped. Reports indicate that the sales growth in EVs slowed this past year and the prices of EVs are dropping too. While Rivian (NASDAQ: RIVN) has so far been immune to weakening demand, we're seeing it nearly everywhere else.

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KKR Acquires Potter Global Technologies

KKR

All Employees to Become Owners in the Company ST LOUIS, Mo. & NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that investment funds managed by KKR have acquired Potter Global Technologies (“Potter” or the “Company”), a leading manufacturer of fire and life safety equipment, from Gryphon Investors. KKR plans to support the Company in its continued growth.

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1 Top Cryptocurrency to Buy Before It Soars More Than 3,000%, According to This Wall Street CEO

The Motley Fool

In the wake of the landmark approval of 11 Bitcoin exchange-traded funds (ETFs), Cathie Wood , chief executive officer of Ark Invest, once again made headlines with her ambitious price target for Bitcoin (CRYPTO: BTC). Doubling down on her claim that Bitcoin could soar to a price of $1.5 million by 2030, Wood emphasized in an interview with CNBC that the approval of the ETFs only increases the chances of the cryptocurrency reaching her lofty estimates.

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KKR to Acquire Remaining 37% of Global Atlantic for $2.7 Billion in All-Cash Transaction

KKR

Closer Coordination and Alignment Expected to Further Accelerate Growth of Both KKR and Global Atlantic KKR Announces Other Strategic Initiatives to Benefit Shareholders KKR and Global Atlantic to Host a Conference Call at 10:00 a.m. EST NEW YORK & HAMILTON, Bermuda--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) and Global Atlantic Financial Group LLC (“Global Atlantic” or “GA”) today announced.

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Where Will Tesla's Stock Price Be in 2 Years?

The Motley Fool

Fool.com contributor Parkev Tatevosian looks at Tesla 's (NASDAQ: TSLA) prospects and gives his prediction on where he thinks the stock price will be in 2025. *Stock prices used were the afternoon prices of Jan. 25, 2024. The video was published on Jan. 27, 2024. Where to invest $1,000 right now When our analyst team has a stock tip, it can pay to listen.

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KKR, Hologic and Ajax Health Create New Platform to Accelerate Medical Device Innovation

KKR

Platform Will Focus on Technologies to Detect Lung Cancer, the Leading Cause of Cancer Deaths NEW YORK & MARLBOROUGH, Mass.--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced a new platform established with investments from KKR and Hologic, Inc. (Nasdaq: HOLX), a global leader in women’s health and medical technology innovator.

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3 Top Growth Stocks to Buy Hand Over Fist in February

The Motley Fool

The S&P 500 index is up 21% over the past year and has already set several new all-time highs in 2024. While the market overall is growing well of late, some individual growth stocks are still trading at low valuations that could set the stage for big returns over the next few years. Let's find out why three Motley Fool contributors believe Toast (NYSE: TOST) , Walt Disney (NYSE: DIS) , and Coupang (NYSE: CPNG) are due for a rally in the new year.

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KKR Expands DACH Presence With New Office In Zurich

KKR

Zurich, 7 December 2023 – KKR, a leading global investment firm, today announced the opening of a new office in Zurich, Switzerland, solidifying its presence in one of the world's most important institutional and wealth management centers. The KKR office opens with individuals representing KKR’s Global Client Solutions team and will also serve as a Swiss base for investment professionals covering the DACH region.

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Stock Market Curveball: Apple, IBM, and Netflix Just Split Their Stocks, but It's Not What You Think

The Motley Fool

I subscribe to a plethora of stock market information services. It comes with the job, you know. Earlier this week, several of these tools sent me a whole lot of news announcements, nearly buzzing that phone out of my pocket. I was in for an eye-opening discovery. A flood of buzzing surprises According to these unexpected notifications, Netflix (NASDAQ: NFLX) just split its stock.

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Ajax Health Establishes Cortex, a Comprehensive AFib Ablation Technology Company, with $90 Million Investment Led by KKR and Hellman & Friedman

KKR

MENLO PARK, Calif., Dec. 7, 2023 /PRNewswire/ -- Ajax Health announced today the formation and funding of Cortex, a medical technology company developing an integrated mapping and ablation solution suite for the treatment of atrial fibrillation (AFib), the most common heart rhythm disorder, affecting more than 30 million patients worldwide. Cortex has raised $90 million in funding commitments led by KKR and Hellman & Friedman (H&F) with participation by other investors including AI Life

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How to Grow a $1,000 Emergency Fund Into $3,000 in 2024

The Motley Fool

Image source: Getty Images You need money available in an emergency fund at all times. You never know when you might lose a job, get stuck with a huge medical bill, or face a car repair your regular paycheck can't cover. Recent SecureSave data finds that 63% of Americans can't cover an unplanned $500 expense by dipping into their savings. So if you have a cool $1,000 sitting in your savings account , consider yourself to be in better shape than the typical U.S. adult.

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KKR Appoints Dane E. Holmes as Chief Administrative Officer

KKR

NEW YORK--(BUSINESS WIRE)-- KKR today announced the appointment of Dane E. Holmes as Chief Administrative Officer (CAO), effective December 29, 2023. As CAO, he will join the firm’s leadership team and oversee and work with the existing leaders of a number of key functions, including KKR’s Human Capital, Communications, Marketing, Sustainability, and Citizenship teams.

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Where Will Amazon's Stock Price Be in 2 Years?

The Motley Fool

Fool.com contributor Parkev Tatevosian forecasts where he thinks Amazon 's (NASDAQ: AMZN) stock price will be in 2025. *Stock prices used were the afternoon prices of Jan. 25, 2024. The video was published on Jan. 27, 2024. Should you invest $1,000 in Amazon right now? Before you buy stock in Amazon, 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 Amazon wasn't one of them.

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KKR Releases 2024 Global Macro Outlook

KKR

Henry McVey: Investors Should Approach Markets with a ‘Glass Half Full’ Lens NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today released its 2024 Global Macro Outlook by Henry McVey, CIO of KKR’s Balance Sheet and Head of Global Macro and Asset Allocation (GMAA).

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Should You Finally Stop Paying for Cable in 2024?

The Motley Fool

Image source: Getty Images One of the personal finance goals my husband and I set for 2024 was to try to reduce our spending on things that didn't make sense to pay for. And cable was an easy expense category to target in that regard. My family has had cable for years, and I can say with all honesty that the only thing I ever really use it for is the sports access.

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KKR acquires $7.2 Billion Portfolio of Prime Recreational Vehicle Loans

KKR

NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that funds and accounts managed by its credit business have led the purchase of a $7.2 billion portfolio of super-prime recreational vehicle (RV) loans from BMO Bank National Association, part of BMO Financial Group (“BMO”). Concurrently with the sale, BMO purchased approximately $6.4 billion of senior notes.

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My Top-5 AI Growth Stocks to Buy Hand Over Fist for 2024

The Motley Fool

The S&P 500 recently reached a new record high, signaling a bull market is here, and that means it's a fantastic time to bet on growth. Bull markets tend to favor growth stocks, and history shows us these times of market gains last longer than bear markets -- on average almost three years versus nine months. So there's reason right now to load up on stocks that may excel in this sort of environment and benefit from the momentum.

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ETCHE SELLS THE GALLIC PORTFOLIO, CONSISTING OF FIVE ASSETS IN THE LYON REGION

KKR

Paris, 18 December 2023 - Etche, KKR’s logistics real asset platform in France, has sold a portfolio of five assets located in the Lyon region, with a total area of approximately 29,000 square meters.

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2 Cryptocurrencies to Buy Hand Over Fist in January

The Motley Fool

The recent pullback in the crypto market could be the perfect opportunity to buy the dip in undervalued cryptos. But which ones? Two cryptos on my radar right now are Bitcoin (CRYPTO: BTC) and Solana (CRYPTO: SOL). Both started off the year with tremendous momentum, but are now trading a steep discount from where they were just a month ago. Let's take a closer look at the case for buying them now. 1.

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KKR Announces Intra-Quarter Monetization Activity Update for the Fourth Quarter

KKR

NEW YORK--(BUSINESS WIRE)-- KKR today announced a monetization activity update for the period from October 1, 2023 to December 21, 2023. Based on information available to us as of today, with respect to the period through December 21, 2023, 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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3 Social Security Strategies for Married Couples to Consider

The Motley Fool

Being married in retirement can be a challenge when you're both used to holding down jobs. Suddenly, there's a lot more togetherness -- and a lot of free time on both of your hands. On the plus side, you may be less likely to get bored in retirement if you have a partner to spend some of your downtime with. And being married can also be advantageous from a Social Security perspective -- especially if both you and your spouse will each be entitled to a monthly benefit based on your respective wor

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