Mon.Dec 18, 2023

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Should You Get Auto Insurance From Tesla?

The Motley Fool

Image source: Getty Images Teslas are appealing options for environmentally-conscious drivers and those who like to keep up with the latest tech, but they have a big drawback: those insurance premiums. The cars contain a lot of rare components that are costly to replace, and there aren't a lot of repair shops that know how to do the work. Some traditional insurance companies charge Tesla owners an arm and a leg for coverage, so the idea of getting a more affordable policy from Tesla itself seems

Companies 264
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Bluestone invests in Magnifi creator VideoVerse

PE Hub

In connection with this investment, Bluestone’s Sharma will join VideoVerse’s board of directors. The post Bluestone invests in Magnifi creator VideoVerse appeared first on PE Hub.

Investing 216
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Etsy Is at Risk of Becoming the Next eBay

The Motley Fool

Online auction site eBay (NASDAQ: EBAY) was one of the earliest e-commerce players, founded in 1995. eBay grew rapidly for years, but its fortunes eventually diverged from the rest of the e-commerce industry. While Amazon continued to rack up ever-increasing sales, eBay's revenue has barely budged since the company spun off PayPal in 2015. eBay is a profitable company, but less merchandise is moving through its platform today compared to 2015.

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Clearlake Capital and Insight Partners to take software firm Alteryx private for $4.4bn

PE Hub

According to the terms of the deal, Alteryx stockholders will receive $48.25 per share in cash for each share they own. The post Clearlake Capital and Insight Partners to take software firm Alteryx private for $4.4bn appeared first on PE Hub.

Capital 214
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The Unfortunate Truth About Claiming Social Security at Age 67

The Motley Fool

There are a lot of factors that go into the decision of when to start claiming Social Security. Practically every claiming age has its plusses and minuses. Claim as soon as possible -- age 62 for most -- to receive your monthly benefit for longer. Wait as long as possible -- age 70 or later -- to get the biggest check. Many find waiting until full retirement age to be a solid compromise.

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Audax invests in tire retailer Dobbs

PE Hub

Capstone Partners acted as financial advisor to Dobbs on the transaction, while Stifel acted as financial advisor to Audax. The post Audax invests in tire retailer Dobbs appeared first on PE Hub.

Investing 214

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Ardian buys Peruvian hydropower company

PE Hub

The sellers are BTG Pactual, Patria Investments and GMR Holding B.V. The post Ardian buys Peruvian hydropower company appeared first on PE Hub.

Companies 209
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Bad News. Amazon Satellite Internet Could Be Nearly 3 Years Away

The Motley Fool

On Dec. 1, 2023, Amazon.com (NASDAQ: AMZN) made a surprising announcement. After refusing to patronize SpaceX rockets for more than a year -- awarding multibillion-dollar satellite launch contracts to essentially every space company in the market but SpaceX -- Amazon reversed course two weeks ago and awarded SpaceX three (of more than 90) contracts to launch Amazon Project Kuiper internet satellites atop SpaceX Falcon 9 rockets.

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Penfund closes C$70m sub debt investment in OMERS’ CBI Health

PE Hub

CBI Health Group is a Toronto-based provider of community health care services. The post Penfund closes C$70m sub debt investment in OMERS’ CBI Health appeared first on PE Hub.

Debt 209
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Getting Married? You Can Set Up a Costco Gift Registry

The Motley Fool

Image source: Getty Images Many people are used to shopping at Costco for things like groceries and paper products. But if you've ever wandered the aisles of your local warehouse club store, you've no doubt noticed that Costco stocks a wide range of products, from kitchen gadgets to furniture pieces to towels. Plus, if you go to Costco.com, the selection there is even broader.

Financing 246
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OpenGate Capital sells chemical manufacturer Verdant to Samyang Group for $250 million

PE Hub

Samyang Holdings is the holding company of Samyang Group, a Korean heritage global conglomerate that was founded in 1924. The post OpenGate Capital sells chemical manufacturer Verdant to Samyang Group for $250 million appeared first on PE Hub.

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3 Costly Mistakes That Young Investors Make

The Motley Fool

Image source: Getty Images Getting started with investing while you're young is one of the best financial decisions you can make. When you start early, your money has more time to grow. That can make a massive difference in your finances. To give you an example, let's say you start investing $500 per month at age 25. If you get an 8% annual return, then after 40 years when you turn 65, you'll have $1.55 million.

Investors 246
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Soundcore exits roofing service provider Roofing Corp

PE Hub

The buyer was FirstService Corporation. The post Soundcore exits roofing service provider Roofing Corp appeared first on PE Hub.

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4 Reasons I Think Super Micro Computer Should Be in Everyone's Portfolio

The Motley Fool

You may think that this year's outperformance from artificial intelligence stocks means they're due for a correction, or at least relative underperformance in 2024. But I think you would be wrong. With the introduction of OpenAI's ChatGPT chatbot just one year ago, we are still just at the beginning of the AI age. For long-term investors, getting in at the relatively early stages of powerful secular long-term trends at reasonable valuations can lead to astounding long-term returns.

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TG Natural Resources to acquire Quantum Capital-backed Rockcliff Energy for $2.7bn

PE Hub

Rockcliff Energy is an upstream natural gas company focused on developing the East Texas Haynesville shale. The post TG Natural Resources to acquire Quantum Capital-backed Rockcliff Energy for $2.7bn appeared first on PE Hub.

Capital 205
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3 Stock-Split Stocks With 51% to 128% Upside in 2024, According to Select Wall Street Analysts

The Motley Fool

Investing on Wall Street can sometimes feel like a roller-coaster ride. Over the past four years, the stock market's three major indexes have vacillated between bear and bull markets with each passing year. Although volatility is inherent on Wall Street, wild swings often encourage investors to seek out the safety of companies that offer a history of outperformance.

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AEI promotes Compton, Konert and Nemo to managing partner

PE Hub

Compton and Konert joined AEI in 2014 while Nemo came on board in 2016. The post AEI promotes Compton, Konert and Nemo to managing partner appeared first on PE Hub.

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Gen Z Investors: 2 Top Tech Stocks to Buy Now

The Motley Fool

In some ways, the idea of buying different stocks according to the generation you belong to might seem silly. After all, a winner on the stock market is a winner, but there are some key differences between the way generations invest. The most important one is their time horizon. Younger investors naturally have a longer time horizon than older investors, which generally manifests itself in greater risk tolerance.

Investors 246
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KKR leads acquisition of $7.2bn portfolio of prime RV loans from BMO

PE Hub

Concurrently with the sale, BMO purchased approximately $6.4 billion of senior notes collateralized by the sold loans. The post KKR leads acquisition of $7.2bn portfolio of prime RV loans from BMO appeared first on PE Hub.

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What Is the Best S&P 500 ETF to Buy?

The Motley Fool

Most investors fail to beat the S&P 500 over the long term, even with the help of sophisticated tools and strategies. That's why a lot of people choose to invest in exchange-traded funds (ETFs) that track the performance of this widely followed index. Several ETFs aim to replicate the S&P 500 , but some of the most popular ones are the SPDR S&P 500 ETF Trust (NYSEMKT: SPY) , the SPDR Portfolio S&P 500 ETF (NYSEMKT: SPLG) , the iShares Core S&P 500 ETF (NYSEMKT: IVV) , and the Vanguard 500 In

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Regimen-backed Plastifab Industries acquires MoldPro

PE Hub

Based in Montreal, Plastifab is a manufacturer of extruded thermoplastic products for a wide range of industrial and commercial end-uses. The post Regimen-backed Plastifab Industries acquires MoldPro appeared first on PE Hub.

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2 Potential AI Stock-Split Stocks to Keep an Eye On in the New Year

The Motley Fool

2023 has been the year of artificial intelligence (AI) stocks. The launch of OpenAI's ChatGPT in late 2022 set off a new race to harness generative AI technologies, which some tech CEOs think could be as transformative as the internet has been over the past three decades. Stock splits, meanwhile, continue to get attention from investors after nearly every big tech stock split its shares in 2021 and 2022, including Tesla , Apple , Alphabet , Amazon , Nvidia (NASDAQ: NVDA) , and Shopify.

Returns 246
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EQT to buy manufacturer Zeus Company

PE Hub

The seller is the Tourville family. The post EQT to buy manufacturer Zeus Company appeared first on PE Hub.

Companies 197
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Everyone Is Talking About This Stock. Is It a Good Long-Term Option?

The Motley Fool

Nvidia (NASDAQ: NVDA) is one of the market's most talked-about stocks. The chipmaker's shares soared 1,220% over the past five years as it evolved from a maker of gaming graphics processing units (GPUs) into the gatekeeper of the booming artificial intelligence (AI) market. Nvidia achieved that evolution by developing high-end GPUs for accelerating AI tasks at data centers.

Returns 246
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Kinzie Capital-backed GT Golf scoops up golf accessories provider ProActive

PE Hub

GT Golf is a wholesale golf distributor. The post Kinzie Capital-backed GT Golf scoops up golf accessories provider ProActive appeared first on PE Hub.

Capital 197
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Forget Hot Dogs and Rotisserie Chickens: This Is Costco's New Hot Product

The Motley Fool

Benjamin Franklin wrote, "Nothing is certain except death and taxes." But warehouse-style retail chain Costco Wholesale (NASDAQ: COST) is making a strong case for two more certainties. Costco's combo meal for a hot dog and a soda costs $1.50, and its rotisserie chicken costs $4.99. These prices haven't changed since 1984 and 2009, respectively, even though inflation has sent the price of everything else soaring during this time.

Taxes 246
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Gemini Investors-backed Conditioned Air snaps up HVAC service firm A/C Designs

PE Hub

Conditioned Air is a provider of residential HVAC services and new construction services provider in Southwest Florida. The post Gemini Investors-backed Conditioned Air snaps up HVAC service firm A/C Designs appeared first on PE Hub.

Investors 195
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5 of the Best Money Moves to Make Before 2024

The Motley Fool

Image source: Getty Images As we wind down 2023, I'm reminded of last December when inflation was stubbornly high and many economists were predicting a recession. It's safe to say that recession never came -- thanks to strong job growth -- and inflation now looks as if it's losing momentum as we approach 2024. Who knows what the new year will bring, but with the Federal Reserve pulling off an unthinkable stunt (cooling off red-hot inflation without tanking the economy), the 2024 outlook is a lit

Taxes 246
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65 Equity Partners takes minority stake in specialty appliances provider FSI

PE Hub

FSI is the controlling company of the Summit Appliance and Accucold brands. The post 65 Equity Partners takes minority stake in specialty appliances provider FSI appeared first on PE Hub.

Stakes 194
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Warren Buffett Has Gained Over $196 Billion From Only 4 Stocks

The Motley Fool

When Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) CEO Warren Buffett speaks, investors of all walks pay attention. That's because the Oracle of Omaha has been running circles around Wall Street's major indexes for more than a half-century. Since taking the reins at Berkshire, Buffett has doubled the annualized total return, including dividends, of the benchmark S&P 500 (19.8% vs. 9.9%), as of the end of 2022.

Debt 246
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Cerberus snaps up home equity financing firm Spring EQ

PE Hub

Spring EQ founder and CEO Jerry Schiano will continue to lead the company. The post Cerberus snaps up home equity financing firm Spring EQ appeared first on PE Hub.

Financing 191
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Coinbase Stock in 2024: Boom or Bust?

The Motley Fool

Coinbase (NASDAQ: COIN) has been one of the best-performing stocks in 2023. As of Dec. 15, shares are up a whopping 320%. The business is posting solid financial results amid a bull market for digital assets. As we look toward the new year, will this top cryptocurrency stock continue to boom for investors? Or will it be a huge disappointment? Let's take a look at both sides of the argument for Coinbase.

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Transom Capital acquires flooring products provider Galleher

PE Hub

Kirkland & Ellis LLP served as legal advisor to Transom Capital and PNC Bank provided the debt financing for the transaction. The post Transom Capital acquires flooring products provider Galleher appeared first on PE Hub.

Capital 190
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Study: $56.6 Billion Was Spent on Video Games in 2022. Here Are 3 Gaming Stocks on the Rise.

The Motley Fool

Playing video games has become a mainstream form of entertainment for millions of Americans. Players in the U.S. spent $56 billion on games in 2022, according to the NPD Group, and the figure is much larger when considering worldwide markets. Industry specialist Newzoo estimates that the global revenue from games will be $184 billion in 2023. The industry has been growing for the last 50 years.