Sat.Dec 02, 2023

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Tesla May Have Just Made Its Checkmate Move Against the Competition

The Motley Fool

One of the most closely followed stocks on Wall Street is Tesla (NASDAQ: TSLA). The electric vehicle (EV) pioneer has earned a market-leading position in the automobile industry thanks to relentless innovation and a loyal customer base. Moreover, the influence Tesla has within the auto industry cannot be understated. Over the last several years, the EV space has welcomed a plethora of new entrants such as Rivian Automotive , Polestar , Lucid Group , and more.

Investors 246
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MiB: Michael Fisch, American Securities

The Big Picture

This week, we speak with Michael Fisch , CEO and co-founder of American Securities , a $27-billion dollar private equity firm. He is a managing member of the general partners of the American Securities Partners’ series of private equity funds and a member of the investment committee of AS Birch Grove. He was previously a partner in two private equity funds, a consultant in the Paris office of Bain & Co., and worked in the mergers and acquisitions department of Goldman Sachs.

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The S&P 500 Just Did Something It Has Only Done 10 Times Before. History Says the Stock Market Will Do This Next

The Motley Fool

The S&P 500 (SNPINDEX: ^GSPC) is up 18% in 2023, but the gains have been far from linear. Instead, the stock market has been a rollercoaster of ups and downs as investor sentiment has whipsawed in response to various signals. The benchmark index shot higher in the first half of the year, rebounding from bear market lows amid signs of economic resilience, better-than-expected earnings, and enthusiasm surrounding artificial intelligence.

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Lassie Raises €23M in Series B Funding

FinSMEs

Lassie, a Stockholm, Sweden-based provider of a pet health insurance and a mobile app, raised €23m in Series B funding. The round was led by Balderton Capital with participation from Felix Capital, Inventure, Passion Capital and Philian. The company, which has now raised a total of €36.5m, intends to use the funds to expand operations, […] The post Lassie Raises €23M in Series B Funding appeared first on FinSMEs.

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Should You Take Social Security at Age 62, 65, 67, or 70? A Broad-Based Study Offers a Clear Answer

The Motley Fool

In October, the nearly 50 million retired workers who received a Social Security check brought home an average payout of $1,843.96. Though this represents a relatively modest monthly benefit, it's nevertheless responsible for pulling more than 15 million adults aged 65 and over out of poverty each year. Given how reliant current retired workers are on their monthly Social Security benefit to cover their expenses, it makes sense for future generations to optimize what they'll receive from America

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KKR & Co. Inc. to Announce Third Quarter 2023 Results

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) announced today that it plans to release its financial results for the third quarter 2023 on Tuesday, November 7, 2023, before the opening of trading on the New York Stock Exchange. A conference call to discuss KKR’s financial results will be held on Tuesday, November 7, 2023 at 10:00 a.m. ET.

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CIRCOR International Announces Completion of Acquisition by KKR and Welcomes Dan Daniel as Board Chair

KKR

NEW YORK & BURLINGTON, Mass.--(BUSINESS WIRE)--CIRCOR International, Inc. (“CIRCOR” or the “Company”), one of the world’s leading providers of mission critical flow control products and services for the Industrial and Aerospace & Defense markets, today announced the successful completion of its acquisition by investment affiliates of KKR for $56.00 per share.

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These Streaming Stocks Are Doomed for 1 Reason

The Motley Fool

Streaming TV is a tough business, and there won't be a dozen winners when the market shakes out. Investors need to consider who will likely win and who will be left behind in their investments. In this video, Travis Hoium covers the winners, but it's the losers that are the focus, with companies losing hundreds of millions of dollars with no easy way out.

Returns 246
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KKR Closes Third Tech Growth Fund at Nearly $3 Billion

KKR

Latest Fund Represents KKR’s Largest Commitment to the Technology Growth Equity Sector NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced the final close of KKR Next Generation Technology Growth Fund III (“NGT III” or the “Fund”), an approximately $3 billion fund focused on investing in leading growth technology companies across North America, Europe and Israel.

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3 Artificial Intelligence (AI) Stocks to Buy With $1,000 and Hold for 10 Years

The Motley Fool

Investors will likely remember 2023 as the year artificial intelligence (AI) hit its stride. While tech giants have utilized the technology for years, investors turned back to these stocks when they saw the power of OpenAI's ChatGPT. AI looks poised to advance the world's technology over the next 10 years and beyond. Many companies with footholds in the space should sustain their AI-inspired share price gains over the long term, and Nvidia (NASDAQ: NVDA) , Palantir (NYSE: PLTR) , and Alphabet (N

Debt 246
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KKR announces initial result of the voluntary public takeover offer for OHB SE – Additional acceptance period to run until 3 November

KKR

20 October 2023 - Orchid Lux HoldCo S.à r.l. (“Bidder”), a holding company controlled by investment funds, vehicles and/or accounts advised and managed by various subsidiaries of Kohlberg Kravis Roberts & Co. L.P. (“KKR”), today announced the result of the voluntary public takeover offer for the shares (ISIN: DE0005936124) of OHB SE (“OHB”) at the end of the acceptance period.

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A 401(k) Is a Great Resource for Retirement, but It's Overrated

The Motley Fool

When people think about retirement savings, the 401(k) plan seems to be the first thing that pops into their heads. For decades, it has been the go-to retirement account, used by millions to help secure their financial future. The 401(k) is a cornerstone of retirement planning -- it's tax-friendly, hands-off, and convenient. Despite how revered the 401(k) seems to be, crowning it the ultimate one-stop shop retirement account might be a stretch.

Taxes 246
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KKR to Invest in Precipart to Accelerate Growth

KKR

KKR to support organic and inorganic growth to enhance Precipart’s leadership position as a provider of highly engineered precision components NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, announced today that it has agreed to invest in Precipart (the “Company”), a leading contract manufacturer of precision components for the medical device and aerospace industries.

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A Bull Market Is Coming: 1 Monster Growth Stock Up 375% in 5 Years to Buy Now and Hold Forever

The Motley Fool

The S&P 500 returned an average of 285% during the last five bull markets, and the next one is drawing closer. The index is just five percentage points away from a record high, the most conservative signifier of a new bull market. Investors hoping to benefit should be buying stocks today, and Shopify (NYSE: SHOP) is worth consideration. The e-commerce software company saw its share price rise 375% over the last five years, and the next bull market could send the stock much higher.

Prospects 246
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Clinisupplies Acquires Aquaflush TAI Portfolio to Continue Building a Leading Chronic Care Organisation

KKR

LONDON--(BUSINESS WIRE)-- Clinisupplies Limited (“Clinisupplies”), a leading manufacturer and supplier of continence care consumables, today announced the acquisition of the Aquaflush transanal irrigation (“TAI”) business from Renew Medical Inc. and Renew Medical UK Limited, a US and UK manufacturer of continence products (together “Renew”). The acquisition of the Aquaflush TAI range will.

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Adding $5,000 to These 2 Top Stocks Could Make You Richer in 2024 (and Beyond)

The Motley Fool

There are lots of different ways to invest in the stock market, but one of the best approaches is to add to your winners. Rather than taking profits early, it's a much better move to feed your best-performing stock, as winners tend to keep winning in the stock market. Adding $5,000 to some of your top stocks could be a genius move, as that's not an unaffordable amount of money, but it's still enough to make a difference over the long run as it compounds.

Assets 246
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KKR to Invest $400 Million in Leading Neutral Subsea Telecommunications Cable Services Provider OMS Group

KKR

Transaction builds on KKR’s strong momentum in Southeast Asia digital infrastructure SINGAPORE--(BUSINESS WIRE)-- KKR, a leading global investment firm, and the parent company of OMS Group (or the “Company”), a leading telecom infrastructure company and provider of subsea cable services, today announced the signing of definitive agreements under which KKR will commit $400 million in a tailored.

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Is Eli Lilly a Better Stock to Buy and Hold Over the Next 10 Years Than Novo Nordisk?

The Motley Fool

It's rare for a prescription drug to become part of the cultural landscape. However, that's exactly what has happened with Ozempic. Hollywood celebrities and social media have put the GLP-1 agonist in the spotlight. Novo Nordisk (NYSE: NVO) has no complaints. Thanks largely to the tremendous success of Ozempic and its sibling Wegovy, shares of the Danish biopharmaceutical company have soared.

Companies 246
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KKR Announces Completion of Acquisition of Simon & Schuster from Paramount

KKR

NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced the successful completion of the previously announced acquisition of Simon & Schuster from Paramount Global (NASDAQ: PARA, PARAA) in a $1.62 billion all-cash transaction. With the closing of the deal, Simon & Schuster is now a standalone private company, and the only independent major trade publisher in the U.S.

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1 Monster Artificial Intelligence (AI) Stock to Buy Now That Could Go Parabolic

The Motley Fool

As 2023 draws to a close, investors might be wondering which companies have the best prospects heading into next year. Among tech stocks, it's hard to ignore the "Magnificent Seven:" Apple , Microsoft , Alphabet , Nvidia , Tesla , Amazon , and Meta Platforms. Each of these companies is at the forefront of artificial intelligence (AI) and is dominating industry sectors such as cloud computing and semiconductors.

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KKR & Co. Inc. Reports Third Quarter 2023 Results

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) today reported its third quarter 2023 results, which have been posted to the Investor Center section of KKR’s website at [link] This press release features multimedia. View the full release here: [link] A conference call to discuss KKR’s financial results.

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Is Advanced Micro Devices the Next Breakout AI Stock to Buy?

The Motley Fool

Wall Street is bullish on Advanced Micro Devices (NASDAQ: AMD) as it releases a batch of new graphics processing units (GPUs) that are designed to support artificial intelligence (AI). This burgeoning opportunity has sent shares of Nvidia up 230% in 2023, and investors are hopeful that AMD stock, which has nearly doubled this year, will perform similarly in 2024.

Investors 246
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KKR announces final result of the voluntary public takeover offer for all outstanding shares of OHB SE

KKR

8 November 2023 - Orchid Lux HoldCo S.à r.l. (“Bidder”), a holding company controlled by investment funds, vehicles and/or accounts advised and managed by various subsidiaries of Kohlberg Kravis Roberts & Co. L.P. (“KKR”), today announced the final result of the voluntary public takeover offer to shareholders of OHB SE (ISIN: DE0005936124, “OHB”).

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Intel Scores a Manufacturing Win With Ericsson Networking Chips

The Motley Fool

Chip giant Intel (NASDAQ: INTC) is investing billions of dollars in building its own foundry business. The real payoff won't come until 2025 at the earliest when its Intel 18A process node, expected by Intel to be the best in the industry, enters full-scale production. In addition to the Intel 18A process, the company's foundry arm advertises the cost-effective Intel 16 process for chips that don't need cutting-edge manufacturing tech, as well as the upcoming Intel 3 process.

Companies 246
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KKR supports InVivo in the global expansion of Malteries Soufflet

KKR

KKR continues to scale its strategic partnership with InVivo and Malteries Soufflet by more than doubling its investment as Malteries Soufflet acquires United Malt, creating the world’s largest maltster

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Want Decades of Passive Income? 2 Stocks to Buy Now

The Motley Fool

When you are looking at passive income stocks, you have to balance yield against other factors or you risk getting caught up in a dividend cut. In fact, lower-yielding investments with strong dividend growth histories are often the better option if you tend to think in decades when you buy a stock. That's why dividend investors will like real estate investment trust (REIT) industry bellwethers like AvalonBay (NYSE: AVB) and Prologis (NYSE: PLD) despite their more moderate yields.

Debt 246
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KKR Releases “A New Foundation for Global Wealth: Rebuilding Portfolios for the New Regime”

KKR

New KKR Report Focuses on Role of Private Markets in Individual Investor Portfolios NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced the release of “A New Foundation for Global Wealth: Rebuilding Portfolios for the New Regime” by Paula Campbell Roberts, Chief Investment Strategist for Private Wealth. This is the first release in Investing for Wealth, a planned.

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2 Dividend Stocks to Buy and Hold Forever

The Motley Fool

Over long periods, dividend stocks tend to outperform their non-dividend-paying counterparts. There are likely several reasons for this, one of which is that sustaining a dividend program requires a solid underlying business. So corporations that are able to consistently pay dividends and raise their payouts tend to have other things going their way.

Assets 246
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KKR to Present at the Goldman Sachs 2023 US Financial Services Conference

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) announced today that Scott C. Nuttall, Co-Chief Executive Officer, will present at the Goldman Sachs 2023 US Financial Services Conference on Wednesday, December 6, 2023 at 8:40AM ET. A live webcast of the presentation will be available on the Investor Center section of KKR’s website at [link] For those.

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1 Unstoppable Artificial Intelligence (AI) Growth Stock Billionaires Are Buying Hand Over Fist

The Motley Fool

Shares of e-commerce and cloud computing behemoth Amazon (NASDAQ: AMZN) have gained by 76% so far in 2023 -- a remarkable recovery after losing nearly half of their value in 2022. (The stock is down about 8% over three years but up 75% if you stretch the look-back to five years.) The company's recent quarterly results (for the three months ending Sept. 30) were stellar, with revenue and earnings handily surpassing consensus estimates.

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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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Better Stock to Buy: PayPal Stock vs. Block Stock

The Motley Fool

Fool.com contributor Parkev Tatevosian compares PayPal (NASDAQ: PYPL) stock with Block (NYSE: SQ) stock to determine which he prefers at current valuations. *Stock prices used were the afternoon prices of Nov. 29, 2023. The video was published on Dec. 1, 2023. 10 stocks we like better than PayPal When our analyst team has a stock tip, it can pay to listen.

Returns 246
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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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Social Security's Day of Reckoning Is Getting Closer. Here's What Retirees Need to Know.

The Motley Fool

Millions of seniors today collect a monthly benefit from Social Security. And for many, that benefit serves as their primary source of income. Some seniors, in fact, can only pay their bills because they're eligible for Social Security, and without those benefits, they'd essentially be unable to get by. But Social Security is facing a major financial shortfall that could impact the program's ability to pay benefits in a serious way.

Taxes 246