Fri.May 17, 2024

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This Ridiculously Cheap Warren Buffett Stock Could Make You Richer

The Motley Fool

Like bargains? Most people do. Whether you're talking about groceries, airplane tickets, or automobiles, the lower the price, the better the buy. Bargain prices aren't limited to physical goods though. Stocks can be bargains as well. Billionaire investor Warren Buffett largely became a billionaire, in fact, by buying value stocks as a means of maximizing the long-term bang he gets for his investment buck.

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EQT’s Sinding Says Buyout Firms Hunt for New Ways to Exit

Private Equity Insights

A growing number of private equity giants are considering new ways of exiting their portfolio companies — from private IPOs to selling their stakes to rivals – as they hunt for ways to return cash to investors, according to one of Europe’s largest buyout firms. Some private equity firms are under pressure from their limited partners to consider these novel options, EQT AB Chief Executive Officer Christian Sinding said at the Qatar Economic Forum.

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Are Retirees Ready for a 21% Cut to Social Security Benefits? Here's Exactly When It Could Happen.

The Motley Fool

Social Security benefits help millions of seniors to afford necessities, especially as far too many people don't have enough retirement savings. Unfortunately, these benefits don't do a great job of providing for all of the financial needs of retirees. That's because most people need to replace around 70% to 80% of pre-retirement income at a minimum when retiring, while Social Security benefits typically replace only about 40% of what you were earning before you retired.

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Oak Hill leads $1bn private credit package for Vista’s Model N deal

Private Equity Insights

Oak Hill Advisors is leading a group of private credit lenders in discussions to provide about $1bn of debt to support Vista Equity Partners’ acquisition of revenue management solutions business Model N, according to a report by Bloomberg. Vista Equity Partners revealed its plan to take Model N private in an all-cash transaction valued at about $1.25bn on 8 April.

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Want $2,000 in Annual Dividends? Invest $30,000 in These 3 Stocks

The Motley Fool

If you've got money sitting in the bank that you can afford to invest in the stock market today, targeting dividend stocks can be a great move to make right now. Many investors have been putting money into bonds and high-yielding assets which are less risky than stocks. But with interest rates potentially coming down later this year, that could push the pendulum back in the other direction; dividend stocks could soon be hot buys again.

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KKR to take UK’s IQGeo private in $396m deal

Private Equity Insights

Private equity firm KKR will take UK’s IQGeo Group private in a 316 million pounds ($396.04 million) deal, the companies said on Tuesday, sending shares in the geospatial software provider soaring 16%. Geologist Bidco Limited, wholly owned by funds advised by KKR, will pay 480 pence in cash for each IQGeo share. The offer price represents a premium of 19% to the stock’s last close.

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Focus Group founders dial up £800m sale to private equity firm Hg

Private Equity Insights

The founders of a business telecoms and IT services provider are on the brink of toasting a nine-figure windfall after entering advanced talks to sell it to one of Britain’s leading private equity firms. Sky News has learnt that Focus Group is close to signing a deal to sell a majority stake to Hg Capital, the investor known for its successful bets on software and technology companies.

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Is PayPal a Millionaire Maker?

The Motley Fool

PayPal (NASDAQ: PYPL) was a huge winner after it was spun off from eBay in July 2015. From that point up until its peak price in July 2021, the shares skyrocketed 740% as the company rapidly expanded. But slower revenue and user gains, coupled with a general wariness of growth-oriented and tech-focused businesses, have sent the fintech stock cratering.

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US fund Warburg to buy Shriram Housing Finance

Private Equity Insights

India’s Shriram Finance said on Monday it will sell its entire stake in affordable housing finance unit Shriram Housing Finance to U.S. private equity firm Warburg Pincus in a deal valued at $554.59m. Warburg Pincus, through its affiliate Mango Crest Investment, will now fully own the unit in a market that is seeing a boom in demand for housing loans.

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Huge Artificial Intelligence (AI) News for 3 Tech Companies This Week -- None of Which Are Named Nvidia

The Motley Fool

When people think of artificial intelligence (AI), they gravitate to graphics processing unit (GPU) chip leader Nvidia (NASDAQ: NVDA) -- and rightly so. Nvidia currently has a huge lead making the chips needed for today's most advanced AI applications. But AI benefits will offer growth opportunities for lots of tech companies that haven't seen their stocks run as far and fast as Nvidia.

Companies 246
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EBRD and Credo Bank support MSMEs in Georgia

Private Equity Insights

The European Bank for Reconstruction and Development (EBRD) is providing a financing package to Credo Bank to support the development of micro, small and medium-sized enterprises (MSMEs) in Georgia. The EBRD will provide a loan of up to US$ 10m to on-lend to local businesses, improve their access to finance and help them increase their competitiveness, including in economically less-developed regions of the country.

Banks 130
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Rivian Is Making Significant Progress Toward Profitability

The Motley Fool

Fool.com contributor Parkev Tatevosian discusses Rivian 's (NASDAQ: RIVN) steps toward profitability. *Stock prices used were the afternoon prices of May 15, 2024. The video was published on May 17, 2024. Should you invest $1,000 in Rivian Automotive right now? Before you buy stock in Rivian Automotive, 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 Rivian Automotive wasn’t one of them.

Returns 246
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Eurazeo’s private debt AUM grows by 11% to €7.4bn

Private Equity Insights

Eurazeo saw its private debt assets under management (AUM) rise by 11 per cent year-on-year to €7.4bn (£6.4bn) in its latest annual results, meaning that the asset class now makes up 21 per cent of the European investment manager’s portfolio. The Paris-headquartered firm reported that fee-paying private debt AUM rose by 10 per cent year-on-year to €5.76bn in the 12 months to 31 March 2024.

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Why Cracker Barrel Stock Dropped Like a Rock Today

The Motley Fool

Shares of restaurant chain Cracker Barrel Old Country Store (NASDAQ: CBRL) dropped like a rock on Friday after the company provided a business update and slashed its dividend. As of noon ET today, Cracker Barrel stock was down a disheartening 13% and now trades at its lowest price in 12 years. Bad news for dividend investors On the surface, it would seem like business is fine for Cracker Barrel.

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Blackstone-led consortium bids Haldiram Snacks at $8.5 billion

Private Equity Insights

A consortium including Blackstone Singapore state fund GIC and Abu Dhabi Investment Authority (ADIA) is in talks with India’s Haldiram’s for a majority stake in its snacks business at a valuation of up to $8.5bn, two sources with direct knowledge said. Haldiram’s, a household name in India, has more than 150 restaurants selling local food, sweets and western cuisine.

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Warren Buffett Has Spent More Buying This Stock Than He Did With Apple, Chevron, Coca-Cola, American Express, and Occidental Petroleum, Combined!

The Motley Fool

When Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) CEO Warren Buffett speaks, professional and everyday investors pay close attention. That's because the "Oracle of Omaha," as he's come to be known, has handily outpaced the benchmark S&P 500 in the return column over nearly six decades. Whereas the S&P 500 has produced an impressive total return, including dividends, of around 34,200% since the mid-1960s, Buffett has overseen an aggregate return in his company's Class A shares (BRK.A) t

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Apollo and Sony to reconsider $26bn Paramount deal

Private Equity Insights

Paramount Global was heading for a rocky start to trading today CNBC reported overnight that Sony Pictures is reconsidering its bid for the business. Stories last week were that Sony and private equity group Apollo planned to sell Paramount’s streaming services and TV channels if their US$26 billion joint bid goes ahead. Sony would become Paramount’s majority shareholder and would run its operations and Apollo would have a minority stake.

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This Is My Favorite Retirement Savings Account, and It's Not Even Close

The Motley Fool

From 401(k) plans to 403(b) plans, there is a long list of retirement savings accounts you can potentially tap. But there's one in particular that I believe can be the best option for many people. It requires a little extra work, but the long-term benefits will be tremendous. If you can, use this one powerful retirement savings account My favorite retirement savings account is a Roth 401(k).

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CoreWeave Secures $7.5 Billion Debt Financing Facility led by Blackstone and Magnetar

Blackstone News

Reinforces CoreWeave’s market position as the AI hyperscaler Builds on CoreWeave’s significant momentum, evidenced by over $12 billion raised from equity and debt investors over the last 12 months Historic financing builds on the Company’s recently announced $1.1 billion Series C and $2.3 billion debt raise in 2023 Investment represents one of the largest private financings in history New funding will be used to support the market’s unprecedented demand for CoreWeave’s specialized AI cloud infra

Debt 135
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Is CRISPR Therapeutics Stock a Buy?

The Motley Fool

CRISPR Therapeutics (NASDAQ: CRSP) is a star in the gene-editing therapy niche. The company made tremendous progress over the past few years, culminating in its first regulatory approval -- for Casgevy, a therapy for the rare blood diseases transfusion-dependent beta-thalassemia and sickle cell disease. Though that was an important milestone for the biotech, CRISPR Therapeutics remains unprofitable, and it is unlikely to launch another product in the next couple of years.

Returns 246
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Gambler’s Fallacy in the Stock Market

A Wealth of Common Sense

These are the trailing total returns for the U.S. stock market1 over various time frames: Year to date: +11% One year: +30% Five years: +94% Ten years: +223% Fifteen years: +679% Not bad considering we’ve had two bear markets in the past four years. If you put $10,000 into the U.S. stock market five years ago, your money has essentially doubled: Now look at the returns by year: 2019: +31% 2020: +21% 2021: +26% 2022.

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Alibaba Stock Is Beaten Down Now, but It Could 10X

The Motley Fool

When Alibaba Group (NYSE: BABA) went public at $68 per share on Sept. 18, 2014, it raised $25 billion and became the largest initial public offering (IPO) in U.S. history. At the time, the bulls were impressed by the Chinese e-commerce and cloud leader's rapid growth rates. On Oct. 27, 2020, Alibaba's stock reached its record high of $312.87. That was a near five-bagger gain for its initial investors, and many analysts were convinced its stock could go even higher over the next few years.

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Brightstar Capital agrees $1.1bn PlayAGS take-private deal

Private Equity Insights

PlayAGS will be acquired by affiliates of private equity firm Brightstar Capital Partners, with the deal valued at $1.10bn. The company’s board has approved the acquisition and recommended shareholders also vote in favour of the proposed deal. Brightstar invests in industrial, manufacturing and services businesses. Under the agreement, PlayAGS shareholders will receive $12.50 per share in cash.

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The Best Reason to Take Social Security Long Before Age 70

The Motley Fool

As retirement nears, you're likely to find yourself faced with some very tough decisions. Where should you live during your senior years? Should you own a home or rent one? And how should you invest your savings? Another big choice you'll need to make is when to sign up for Social Security. In that regard, you have multiple options. You're allowed to file for Social Security at any point starting at age 62.

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Kudos Raises $10.2M in Series A Funding

FinSMEs

Kudos, a Los Angeles, CA-based provider of a AI-powered smart wallet service that automatically oprimize consumer rewards and benefits on purchase, raised $10.2M in Series a funding. The round was led by QED Investors with participation from Patron, The Points Guy founder Brian Kelly, Samsung Next, SV Angel, Precursor Ventures, The Mini Fund, Newtype Ventures, […] The post Kudos Raises $10.2M in Series A Funding appeared first on FinSMEs.

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3 Stocks That May Have to Wait Until 2025 to Win

The Motley Fool

This year began with nothing but hope for shareholders of Realty Income (NYSE: O) , Tesla (NASDAQ: TSLA) and Opendoor Technologies (NASDAQ: OPEN). Reality hasn't been as kind. All three stocks are trading lower in 2024. The bullish arguments haven't been entirely silenced; they have been deferred instead of denied. Let's take a closer look at how these three high-profile laggards can turn their downticks into upticks in 2025. 1.

Financing 246
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Atraverse Medical Raises $12.5M in Seed Funding

FinSMEs

Atraverse Medical, a San Diego, CA-based medical device company, raised $12.5M in Seed funding. This financing included investment from physicians, reputable venture investors, and successful medtech entrepreneurs. The company intends to use the funds to expand its research and development efforts as well as early commercialization initiatives. Led by CEO John Slump, Atraverse Medical announced […] The post Atraverse Medical Raises $12.5M in Seed Funding appeared first on FinSMEs.

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Is 3M Spinoff Solventum a Buy? (And What It Means for 3M Investors)

The Motley Fool

It's always interesting when a new company comes to market and doubly interesting when it's a spinoff. In reality, two new companies came out of the spinoff of Solventum (NYSE: SOLV) and 3M (NYSE: MMM) -- a newly created healthcare company and an industrial conglomerate without a healthcare business. Introducing Solventum Solventum is a healthcare company operating in four segments and serving end markets that management believes have a market size of at least $93 billion and are growing at a ra

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Turbine Receives Investment from Accenture

FinSMEs

Turbine, a Budapest, Hungary-based predictive simulation company that is building a platform for interpreting human biology, received an investment from Accenture (NYSE: ACN), through Accenture Ventures. The amount of the deal was not disclosed. The company intends to use the funds to further extend its capabilities to global biopharma companies that can benefit from its ability […] The post Turbine Receives Investment from Accenture appeared first on FinSMEs.

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3 Little-Known Perks of Owning an EV Over a Hybrid

The Motley Fool

Image source: Getty Images If you're shopping for a new car in 2024, you might be interested in comparing the benefits of electric vehicles (EVs) vs. hybrid cars. Electric vehicles have been hyped and criticized recently, with some people feeling that EVs are overpriced or too hard to charge. Other people might have heard of EV tax credits, but feel skeptical that they can actually qualify.

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Aleph Zero Launches Alephoria: Exciting Airdrops, Tournaments, and Rewards Await Users

FinSMEs

Zug, Switzerland, May 17th, 2024, Chainwire Alephoria invites web3 users to the Aleph Zero ecosystem with an interactive initiative of campaigns as projects launch Aleph Zero–the privacy-oriented layer 1 blockchain–is gearing up for a surge of new users with its Alephoria campaign. Newcomers can look forward to airdrops and other promotional activities as they join […] The post Aleph Zero Launches Alephoria: Exciting Airdrops, Tournaments, and Rewards Await Users appeared first on FinSMEs.

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Forget Nvidia, This Is the Only AI Stock You Need

The Motley Fool

Nvidia (NASDAQ: NVDA) is the biggest name in artificial intelligence, but the future of AI includes a lot of products Nvidia won't be involved with. In this video, Travis Hoium shows why Taiwan Semiconductor Manufacturing (NYSE: TSM) may be a better bet long term. *Stock prices used were end-of-day prices of May 15, 2024. The video was published on May 16, 2024.

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Gridiron loses three dealmakers

Private Equity Wire

Private equity firm Gridiron Capital has informed investors of the impending departure of Senior Managing Director Will Hausberg and Managing Directors Brad Skaf and Doug Rosenstein, according to a report by Bloomberg. The report cites unnamed people with knowledge of the matter in confirming that the trio are set to explore other opportunities, including potentially starting a new firm.

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Nvidia and Reddit Stock Investors Just Got Spectacular Artificial Intelligence (AI) Updates

The Motley Fool

In today's video, I discuss recent updates impacting Nvidia (NASDAQ: NVDA) and Reddit (NYSE: RDDT). Check out the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were the after-market prices of May 16, 2024. The video was published on May 16, 2024. Should you invest $1,000 in Nvidia right now?

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