Wed.Jun 05, 2024

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Are Billionaires Loading Up on Nvidia Ahead of Its 10-for-1 Stock Split?

The Motley Fool

Money attracts money. It's not surprising, therefore, that some of the world's wealthiest investors own positions in Nvidia (NASDAQ: NVDA). The company is making money hand over fist thanks to the skyrocketing demand for its artificial intelligence (AI) chips. Nvidia will conduct a 10-for-1 stock split after the close of trading on Friday, so its shares will begin trading at a much lower price on Monday.

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Wynnchurch Carves Hydraulic Technologies from SPX FLOW

Private Equity Professional

Wynnchurch Capital has acquired Hydraulic Technologies from SPX FLOW, a portfolio company of Lone Star Funds. Hydraulic Technologies (HT) designs, engineers and manufactures high-pressure hydraulic tools and equipment used for maintenance, repair, and operational functions across a range of industries including infrastructure, manufacturing, and rail.

Capital 100
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Nvidia Hits a $3 Trillion Market Cap Ahead of Its 10-for-1 Stock Split. Here's What's Next for Investors.

The Motley Fool

Nvidia (NASDAQ: NVDA) stock made headlines Wednesday by becoming just the third U.S. public company to cross the $3 trillion market cap threshold. In January 2022, Apple was the first to achieve that notable feat, followed by Microsoft in January 2024. A growing chorus of investors believes that Nvidia will inevitably take the market cap crown from Microsoft at some point in the near future.

Investors 246
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Sound Growth Closes Fund I

Private Equity Professional

Sound Growth Partners (SGP) has held an oversubscribed and hard cap closing of its inaugural fund with $275 million in capital commitments, including anticipated leverage from the SBA. SGP was founded in October 2023 by its managing partners Kyle Largent and Peter Roushdy, and its partners David Glazer and Travis Steele. All four founders are… This content is for members only.

Funds 100
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Intel's Secret Weapon in the AI Wars: Low Prices

The Motley Fool

Nvidia (NASDAQ: NVDA) currently dominates the market for artificial intelligence ( AI ) accelerators, with a market share that some estimates put above 90%. The company's AI chips are expensive, but customers have been willing to pay up to participate in the AI revolution. Intel (NASDAQ: INTC) will launch the third generation of its Gaudi AI accelerators later this year.

Prospects 246
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Trivest Acquires Yummy to Begin Pool Services Consolidation

Private Equity Professional

Trivest Partners has acquired Yummy Pools, a provider of pool maintenance services. Yummy’s residential and commercial services include weekly and bi-weekly pool cleaning, maintenance, repair, and inspections. Atlanta-headquartered Yummy was co-founded in 2022 by CEO Casey Graham and Renee Weber and has grown through the acquisition of several local pool service and maintenance businesses.

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Aterian Closes Buy of CDMO Platform

Private Equity Professional

Aterian Investment Partners has closed its April-announced acquisition of Contract Pharmaceuticals Limited (CPL), a contract development and manufacturing organization (CDMO) specializing in non-sterile liquid and semi-solid dosage forms. CPL’s services include development, manufacturing, packaging, and testing of non-sterile liquid and semi-solid pharmaceutical prescription and regulated over-the-counter products.

Investing 100
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How My Car Insurance Saved Me $350 After a Freak Accident

The Motley Fool

Image source: Upsplash/The Motley Fool It all happened on a beautiful spring day, much like this one, in a town just like the one you probably live in. I was driving along, just minding my own business, when the back passenger window of my car literally exploded into the car. Because of my car insurance, I didn't have to pay a dime to have it taken care of, and I had a ridiculous amount of support in the process.

Companies 246
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Sixfold Raises $15M in Series A Funding

FinSMEs

Sixfold, a NYC-based company empowering underwriters with a generative AI solution for end-to-end risk analysis, raised $15M in Series A funding. The round was led by Salesforce Ventures, with participation from Scale Venture Partners and all previous investors including Bessemer Venture Partners and Crystal Venture Partners. The company intends to use the funds to continue […] The post Sixfold Raises $15M in Series A Funding appeared first on FinSMEs.

Funds 116
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Why Semiconductor Stocks Broadcom, Arm Holdings, and Lam Research Rallied Today

The Motley Fool

Shares of most semiconductor stocks including sector leaders Broadcom (NASDAQ: AVGO) , Arm Holdings (NASDAQ: ARM) , and Lam Research (NASDAQ: LRCX) were rallying today, with these three up 5.2%, 5.3%, and 4.6%, respectively, as of 12:50 p.m. ET on Wednesday. These three chip leaders are players within the artificial intelligence (AI) race, and their stocks have seen solid price appreciation in 2024.

Bidding 246
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Signapse Closes £2M Seed Funding Round

FinSMEs

Signapse, a Guildford, UK-based Generative AI Sign Language translation software company, closed a new seed funding round of £2M with £1.5M from investors and £500k from Innovate UK. The round was led by Soulmates Ventures and Deeptech Seed Fund, with participation from other investors, including the Royal Association for Deaf people, Empirical Ventures, CEAS Investments, […] The post Signapse Closes £2M Seed Funding Round appeared first on FinSMEs.

Funds 111
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Up 43% to 133%, Is It Too Late to Buy These 3 Stocks?

The Motley Fool

It's said that timing is everything. Many investors might apply this logic to the stock market. It's true that a well-timed investment can create millionaires, and poorly-timed investments can wreck fortunes. However, the quality of the investment is more important than timing. A high-quality investment could continue strong growth and even outperform for years to come.

Assets 246
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Nibiru EVM to Transform Ethereum Capabilities for Tomorrow’s Web3

FinSMEs

Tortola, British Virgin Islands, 5th June 2024, Chainwire The post Nibiru EVM to Transform Ethereum Capabilities for Tomorrow’s Web3 appeared first on FinSMEs.

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1 Magnificent Stock Down 78% to Buy Hand Over Fist

The Motley Fool

When it comes to corporate computer security, 93% of security operations centers within companies still rely on manual, human-led processes, according to Palo Alto Networks (NASDAQ: PANW). Unfortunately, humans aren't equipped to deal with the high volume of cyberthreats faced by modern organizations, which means 23% of security alerts are left uninvestigated.

Returns 246
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Deal Roundup: Nordic sells Sunrise to Platinum Equity, OpenGate backs Fiven

AltAssets

Nordic Capital has agreed to sell Sunrise Medical, a specialist in assistive mobility solutions, to fellow private equity investor Platinum Equity. Sunrise’s revenue has almost doubled to €636m since Nordic’s buyout in 2015, with improved profitability, the firm said. The acquisition is expected to be completed in Q3 2024, subject to customary regulatory approvals.

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This 7.5%-Yielding Dividend Stock Is Another Step Closer to Securing a Once-in-a-Generation Investment Opportunity

The Motley Fool

Enbridge (NYSE: ENB) made a bold strike last year. The Canadian pipeline and utility company agreed to acquire three natural gas utilities from Dominion for $14 billion. Enbridge's CEO Greg Ebel stated at the time of the deal, "Adding natural gas utilities of this scale and quality, at a historically attractive multiple, is a once-in-a-generation opportunity.

Investing 246
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LGT raises new $3bn direct secondaries fund, almost double size of predecessor

AltAssets

LGT Capital Partners has hauled in $3bn for the final close of its latest direct secondaries fund, almost double the size of its predecessor in the strategy. The post LGT raises new $3bn direct secondaries fund, almost double size of predecessor first appeared on AltAssets Private Equity News.

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Billionaire Bill Gates Has 66% of His Portfolio Invested in 3 Brilliant Stocks

The Motley Fool

The Bill and Melinda Gates (BMG) Foundation Trust generated a 47% return during the three-year period that ended in March, while the S&P 500 (SNPINDEX: ^GSPC) returned a less impressive 32%. As of the first quarter, the BMG Foundation Trust had 66% of its assets invested in just three stocks. Microsoft (NASDAQ: MSFT) accounted for 34% of the portfolio.

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Long-time deal-by-deal investor MFG Partners seals almost $300m to close debut fundraise

AltAssets

MFG Partners, a long-time deal-by-deal shop that invests in founder and family-owned industrial businesses, has raised almost $300m for the final close of its debut fund. The post Long-time deal-by-deal investor MFG Partners seals almost $300m to close debut fundraise first appeared on AltAssets Private Equity News.

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A Bull Market Is Here. 3 Reasons to Buy Amazon Like There's No Tomorrow.

The Motley Fool

The S&P 500 confirmed its presence in bull territory earlier this year by reaching a record high -- and just recently, it's shown its strength by roaring to yet another high. This momentum isn't over if history is a guide. That's because bull markets of the past have lasted considerably longer than bear markets -- nearly nine years versus 1.4, according to First Trust data.

Returns 246
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UK investor Epiris promotes investor relations head Pothier to partner in wake of £1bn-plus fund close

AltAssets

UK private equity house Epiris has promoted investor relations head Kathryn Pothier to partner in the wake of the firm's £1bn-plus Fund III close earlier this year. The post UK investor Epiris promotes investor relations head Pothier to partner in wake of £1bn-plus fund close first appeared on AltAssets Private Equity News.

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Here Are 5 Things Smart Investors Should Know About Nvidia's 10-for-1 Stock Split

The Motley Fool

There is arguably no hotter name in artificial intelligence (AI) than Nvidia (NASDAQ: NVDA). From specials on 60 Minutes , talking heads on financial news programming, and headlines all over the Internet, Nvidia is everywhere. There is so much being covered about the company that it's hard to keep up. One recent update from Nvidia is the company's upcoming 10-for-1 stock split.

Investors 246
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Sound Growth Partners closes Fund I at $275m hard cap

Private Equity Wire

Seattle-based private equity firm Sound Growth Partners (SGP) has closed its oversubscribed inaugural buyout fund at its hard cap after securing $275m in capital commitments, including anticipated leverage. The fund will invest in niche market leaders in the lower middle market using the firm’s One-Stop Buyout approach, providing all the capital necessary to close a transaction.

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Here Are My Top Artificial Intelligence (AI) Stocks to Buy Right Now

The Motley Fool

Artificial intelligence (AI) is still a massive theme in the market. The market has only gotten a taste of what this technology can offer, and the results have already been promising. If investors haven't aligned some part of their portfolio to this technology, it's not too late. There are plenty of great AI stocks that can be phenomenal investments and purchased at a fair price, providing exposure to one of the most promising technological revolutions since the internet.

Prospects 245
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Animal Spirits: The Consumer is Slowing Down

A Wealth of Common Sense

Today’s Animal Spirits is brought to you by YCharts and CME Group: See here for 20% off (new customers only) and for more info on the transition analysis tool. See here for more information on CME Group’s valuable educational materials and trading tools and learn more about what adding futures can do for you. On today’s show, we discuss: 200 years of market concentration Wall Street’s favorite r.

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3 No-Brainer Stocks to Buy With $200 Right Now

The Motley Fool

Over the past 17 months, the bulls have been in charge on Wall Street. Following the 2022 bear market, we've witnessed the iconic Dow Jones Industrial Average , benchmark S&P 500 , and growth-fueled Nasdaq Composite all power to record-closing highs. While some investors might be uneasy putting their money to work with these three major stock indexes trading so close to their all-time highs, history shows that patience pays off handsomely on Wall Street.

Banks 245
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Bracewell adds energy and infrastructure PE lawyer 

Private Equity Wire

Law firm Bracewell has added energy and infrastructure-focused private equity lawyer François Feuillat as a partner in its London office. Feuillat has joined Bracewell from global law firm Reed Smith, representing private funds on transactions in the renewable energy, conventional power, oil and gas, and mining sectors. According to a press statement, Feuillat has over 25 years of experience advising private funds on M&A transactions in the energy sector, particularly for energy transition

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Chewy Reported Nearly $3 Billion in Revenue Last Quarter. But This 1 Thing Is Limiting Profit.

The Motley Fool

Chewy 's (NYSE: CHWY) revenue has soared over the past few years, thanks to the e-commerce company's popularity with pet parents. The company sells almost everything they need, from food and toys for their furry friends to medication and pet insurance. Recently, Chewy even expanded its e-commerce shop into Canada, another promising market, and launched its first veterinary clinics in the U.S.

Returns 244
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M^0 Raises $35M in Series A Funding

FinSMEs

M^0, a Zug, Switzerland-based decentralized infrastructure layer for the issuance of cryptodollar assets, raised $35M in Series A funding. The round was led by Bain Capital Crypto. Other investors included Galaxy Ventures, Wintermute Ventures, GSR, Caladan and SCB 10X. The company intends to use the funds to expand operations and its development efforts.

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I Wouldn't Touch This Stock With a 10-Foot Pole -- Here's What I'd Buy Instead

The Motley Fool

Altria (NYSE: MO) is often considered a stable dividend investment for conservative investors. It's the largest tobacco company in America, it generates stable earnings growth, it's raised its dividend every year since it spun off Philip Morris International in 2008, and it pays a high forward yield of 8.5%. Altria's high yield might look tempting as the potential for interest rate cuts makes CDs, T-bills, and other fixed-income investments look less attractive.

Taxes 244
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Luminate Capital Partners promotes MD to partner 

Private Equity Wire

Luminate Capital Partners, a San Francisco-based private equity firm focused on enterprise software companies, has promoted Lucy Li to Partner. In her new role, Li will oversee portfolio performance. Li joined Luminate in 2022 and most recently served as Managing Director of Strategic Finance. Prior to Luminate, she worked in finance and business planning at Meta; private equity investing at Genstar Capital; and investment banking at JPMorgan.

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Why Nvidia Stock Blasted to a $3 Trillion Market Cap on Wednesday

The Motley Fool

Shares of Nvidia (NASDAQ: NVDA) surged higher (again) on Wednesday, jumping as much as 5.2%. At the end of the day, the stock was still up 5.2%, putting its market cap above $3 trillion for the first time. Several developments in the field of artificial intelligence (AI) helped fuel the stock's relentless rise. The poster child for AI As the leading provider of graphics processing units (GPUs) used in artificial intelligence (AI), it seems any bit of positive news in the space can be a catalyst

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Investors pull cash from ESG funds as performance lags

Financial Times: Moral Money

Sustainably focused equity funds suffer net $40bn of outflows in 2024, the first sustained exodus

Funds 111
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Learn What Happens When You Leave a Lot of Money in Your Savings Account

The Motley Fool

Image source: The Motley Fool/Upsplash It's good to have a healthy amount of money in your savings account. Everyone needs money for emergencies, for starters. You'll probably also want to have cash set aside for big future expenses -- a summer getaway, a down payment on a home, things like that. Believe it or not, some people leave too much money in their savings account.