Fri.May 03, 2024

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Amazon's About to Spend a Lot More. Here's Why That Makes the Stock an Even Better Buy.

The Motley Fool

Amazon (NASDAQ: AMZN) has been one of the hottest mega-cap stocks on the market. Its shares have soared nearly 20% year to date and are up more than 70% over the last 12 months. The company revealed in its first-quarter update on Tuesday that it plans to increase capital expenditures in the coming quarters. Does this increased spending diminish Amazon's prospects?

Prospects 246
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The New Normal in Housing Prices

A Wealth of Common Sense

The season 3 finale of Lost was one of the most mind-blowing episodes of television I’ve ever watched. It completely broke the mold of the show from flashbacks to flashforwards. We have to go back is a line that’s etched into my memory for good: Subscribe to The Compound so you never miss an episode. Further Reading: Who is Buying a House in This Market?

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Here's What Happens When You Tip With a Credit Card

The Motley Fool

Image source: Getty Images While I'm not a big fan of tipping culture in general, I have to acknowledge the reality around me, so I always try to tip fairly when I'm out. But one conversation I've had with a few folks over the years isn't so much about how much to tip as to what method to give that tip. Specifically, is it better to tip with your credit card as part of your bill, or should you use cash to tip?

Taxes 246
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Blackstone to buy Preferred Apartment Communities in $5.8bn deal

Private Equity Insights

Preferred Apartment Communities Inc said on Wednesday a Blackstone Inc unit would buy it in a $5.8 billion deal, as the world’s biggest alternate asset manager ramps up investments in the red-hot U.S. housing sector. Blackstone Real Estate Income Trust’s (BREIT) all-cash offer of $25 per share is nearly 40% higher than Preferred Apartment’s stock close on Feb. 9, a day before media reports on the company exploring strategic options including a sale.

Bidding 130
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Billionaires Are Selling Nvidia Stock and Buying 2 Red-Hot Artificial Intelligence (AI) Stocks Instead

The Motley Fool

For many investors, Nvidia is the quintessential artificial intelligence (AI) stock. Its graphics processing units power many of the most advanced AI systems, and the company holds over 80% market share in AI processors. In short, from a semiconductor perspective, Nvidia is almost single-handedly enabling the AI boom. That drove shares 239% higher in 2023.

Stakes 246
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Carlyle Group Acquires Four Self-Storage Properties for $110m

Private Equity Insights

Private equity firm The Carlyle Group has expanded its real estate portfolio with the acquisition of four self-storage facilities in the outer boroughs of New York City. The facilities, located in Queens and Brooklyn, were purchased for a total of $110.4 million from Safe N Lock Self Storage, which developed them between 2018 and 2020. The properties are currently managed by Life Storage.

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Advent Explores Deal to Take Over Oman’s OQ Chemicals

Private Equity Insights

Advent International is in talks with Oman about a potential move to inject fresh capital into OQ Chemicals in exchange for a majority stake in the company, people familiar with the matter said. The private equity firm is proposing to provide as much as $250 million of new equity into OQ Chemicals, according to the people, who asked not to be identified discussing confidential information.

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1 Unstoppable Stock That Could Join Microsoft, Apple, Nvidia, Alphabet, Amazon, and Meta in the $1 Trillion Club

The Motley Fool

Artificial intelligence (AI) has become all the rage since early 2023, so it's easy to forget that these sophisticated algorithms have been around in some form or another for decades, helping early adopters become some of the world's most valuable companies. Microsoft tops the list at $2.9 trillion, having wrested the crown from Apple , which clocks in at No. 2 at $2.6 trillion.

Returns 246
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Sycamore vies to take Nordstrom private

Private Equity Insights

Sycamore Partners is one of the buyout equity firms that have expressed interest in taking U.S. department store Nordstrom private, according to people familiar with the matter. Nordstrom said last month that CEO Erik Nordstrom and his brother Pete, the company’s president, were exploring options to take the retailer private, confirming a Reuters report that had been published in March.

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Should You Buy Palantir Technologies Stock Before Monday?

The Motley Fool

Palantir Technologies (NYSE: PLTR) , one of the forerunners of modern artificial intelligence (AI), is scheduled to report the results of its fiscal 2024 first quarter (ended March 31) after market close on Monday. Wall Street will be waiting with bated breath to review its performance -- and with good reason. The stock has surged roughly 250% since the beginning of last year, driven higher by Palantir's improving financial results and the profit potential resulting from generative AI.

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SumUp raises €1.5bn from private credit lenders led by Goldman

Private Equity Insights

Sycamore Partners is one of the buyout equity firms that have expressed interest in taking U.S. department store Nordstrom private, according to people familiar with the matter. Nordstrom said last month that CEO Erik Nordstrom and his brother Pete, the company’s president, were exploring options to take the retailer private, confirming a Reuters report that had been published in March.

Buyout 130
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Is Ripple (XRP) a Millionaire Maker?

The Motley Fool

XRP (CRYPTO: XRP) , the native cryptocurrency of the Ripple payment protocol network, reached its all-time high of $3.84 on Jan. 4, 2018. That represented a whopping gain of nearly 40,000% over the previous 12 months. But today, XRP trades at about $0.50. Like many smaller altcoins, XRP lost its luster as rising interest rates chilled the cryptocurrency market.

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L Catterton buys majority stake in beauty brand KIKO

Private Equity Insights

L Catterton has announced that it has entered into a definitive agreement to acquire a majority stake in Kiko Milano from the Percassi Family for an undisclosed sum. The Italian founders will retain a significant stake in the make-up brand. In 2023, Kiko recorded net revenue of approximately €800 million and nearly 20 percent year-over-year growth. Through this partnership with L Catterton, the brand hopes to accelerate its global expansion.

Stakes 130
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52% of Warren Buffett's $372 Billion Portfolio Is Invested in These 2 Magnificent Stocks

The Motley Fool

If you've ever wondering why more than 40,000 people flock to Berkshire Hathaway 's (NYSE: BRK.A) (NYSE: BRK.B) annual shareholder meeting each year, look no further than the track record of longtime CEO Warren Buffett. Since the affably named "Oracle of Omaha" became CEO in the mid-1960s, he's overseen a greater-than 4,900,000% aggregate return in his company's Class A shares (BRK.A).

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Quadrant Private Equity acquires $500m worth of Shares in Canva

Private Equity Insights

Sydney investment firm Quadrant Private Equity is now a Canva shareholder after acquiring a hefty $500 million slice of the design giant, including more than $100 million worth of shares from VC fund Blackbird. That represents about 1.2% of the company’s stock. The deal comes after $2.4 billion worth of Canva shares changed hands earlier this year amid $3.6 billion in demand, as tech company prepares to list publicly in 2026.

Startups 130
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3 Vanguard ETFs to Buy If You're Looking for Reliable Passive Income

The Motley Fool

Vanguard exchange-traded funds (ETFs) are excellent ways to get low-cost exposure to a variety of stocks. And while investors may be familiar with one of the more well-known Vanguard funds like the Vanguard S&P 500 ETF , Vanguard Growth ETF , or the Vanguard Value ETF , there may be even better funds out there for generating reliable passive income With expense ratios of 0.10% or less, here's why the Vanguard High-Dividend Yield ETF (NYSEMKT: VYM) , Vanguard Dividend Appreciation ETF (NYSEMK

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Austria’s Immofinanz sells logistics portfolio to Blackstone

Private Equity Insights

Austrian property group Immofinanz signed a contract to sell its logistics portfolio to U.S. private equity group Blackstone, the company said on Monday as it switches focus to its retail and office business in western Europe. The Austrian firm, whose results have been weighed down by its exposure to Russia, said in August it would concentrate on office and retail properties and sell its 1 million-square-metre logistics portfolio.

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3 Dividend Growth Stocks that Just Raised Their Payouts

The Motley Fool

Dividend stocks that raise their payouts can often make for great long-term investments. As their payouts rise, investors collect more dividend income. Dividend increases can also give you some important insights into how well a company is doing. If it's a strong and healthy increase, that may be a good sign the business is doing well and anticipating much more growth.

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ECP Is in Advanced Talks to Acquire Atlantica Sustainable

Private Equity Insights

Energy Capital Partners is in advanced talks to acquire Atlantica Sustainable Infrastructure Plc, an owner of renewable power assets, according to people with knowledge of the matter. The private equity firm has been negotiating terms of a deal to buy UK-based Atlantica, the people said, asking not to be identified because the information is private.

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The 4 Safest Places for Retirees to Put Their Money

The Motley Fool

Image source: Getty Images For most of your career, you focus on growing your retirement savings. Retirement itself is a big adjustment, because at that point, your new goal is making that money last. This is one of the top concerns for U.S. retirees -- 40% worry that they'll outlive their retirement savings, according to a survey by Clever. And about 1 in 5 (19%) say that their savings have already run out.

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Volta Raises $4.1M in Seed Funding

FinSMEs

Volta, a Las Vegas, NV-based digital asset company providing Volta Circuit, a multi-signature, non-custodial platform, raised $4.1M in Seed funding. The round wad led by Fika Ventures and Haven Ventures, alongside support from Soma Capital, Dispersion Capital, and Uphonest Capital. The company intends to use the funds to support the launch of its infrastructure technology that expands access and control […] The post Volta Raises $4.1M in Seed Funding appeared first on FinSMEs.

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SoFi Plunged 10% Following Its Earnings. Here Are 3 Things Investors Need to Know.

The Motley Fool

On Monday, SoFi (NASDAQ: SOFI) reported earnings, beating analysts' estimates and raising its annual earnings guidance. However, that didn't stop the stock from falling over 10% after its announcement. The fintech's quarterly growth was solid, but there were concerns about the slowing growth rate along with a disappointing forecast for the second quarter.

Investors 245
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Lamini Raises $25M in Funding

FinSMEs

Lamini, a Palo Alto, CA-based startup that is building a platform to help enterprises deploy generative AI applications, raised $25m in seed and Series A funding. Backers included including Amplify Partners (led Series A), First Round Capital (led Seed), Andrew Ng, Andrej Karpathy, Bernard Arnault, Pierre Lamond, Sarah Guo, Dylan Field, Lip-Bu Tan, Drew Houston, AMD Ventures, and others.

Funds 114
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4 Little-Known Tools That Can Make or Break Your Small Business

The Motley Fool

Image source: Getty Images As a small business owner, it can be hard to keep all the plates spinning. Time and money are limited, and you'll often need to be an expert in everything from public relations to accounting to stay on top of it all. The good news is that there's a smorgasbord of apps and software that can ease the pressure. While it's great to find new tools, it's often better to choose well-known providers for the cornerstones of your company, such as accounting and customer manageme

Banks 245
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“X” Marks the Spot at HighVista

Private Equity Professional

HighVista Strategies has held a final and oversubscribed closing of HighVista Private Equity X LP with $675 million of capital commitments. In addition to several new limited partners, Fund X was backed by a group of longstanding investors, including pension funds, endowments, foundations, and family offices. Like all its earlier funds, Fund X invests in… This content is for members only.

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2 Tech Stocks You Can Buy and Hold for the Next Decade

The Motley Fool

The tech industry is typically a popular hunting ground for great stock ideas. The combination of new, innovative ideas, high growth, and exciting prospects makes these stocks appealing to investors. What often comes along with these characteristics is volatility and high valuations, so it's best to approach buying these stocks with a long-term holding period in mind.

Prospects 245
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Goldner Hawn Beats Target on Fund VIII

Private Equity Professional

Goldner Hawn has held an above target close of its eighth investment fund with $364 million in capital commitments. Limited partners in Fund VIII include financial institutions, foundations, state pension plans, insurance companies, as well as family offices and high net worth individuals. Minneapolis-headquartered Goldner Hawn is led by partners Jason Brass, Chad Cornell, Joe… This content is for members only.

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Social Security's 2025 COLA May Not Disappoint as Much as Expected. Here's Why.

The Motley Fool

At the start of 2024, seniors on Social Security saw their monthly benefits rise 3.2% And while that cost-of-living adjustment, or COLA, paled in comparison to the enormous 8.7% raise recipients got the year before, it was still a fairly generous boost. Next year, however, Social Security beneficiaries may be looking at a smaller raise. And at first, that might seem like a bad thing.

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SK Sells Foremark to Crown’s CC Industries

Private Equity Professional

SK Capital Partners has closed its sale of Foremark Performance Chemicals to CC Industries. Foremark is a producer of patented and proprietary natural gas sweeteners, various chemical building blocks including formalin, and slow-release fertilizers. The company’s natural gas sweeteners are used to remove undesirable compounds, particularly hydrogen sulfide (H2S) and carbon dioxide (CO2), from natural… This content is for members only.

Capital 100
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Why Carvana Stock Zoomed 44% Higher This Week

The Motley Fool

Shares of Carvana (NYSE: CVNA) rose more than 44% this week, according to data from S&P Global Market Intelligence. The online used car marketplace reported surprisingly strong earnings for the first quarter of 2024, showing growth and profitability that was lacking in recent years. As of Friday, May 3, Carvana stock is up 129% this year, significantly outpacing the broad S&P 500 index.

Debt 244
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KLH Continues the Build of Thorpe Specialty Services

Private Equity Professional

Thorpe Specialty Services, a portfolio company of KLH Capital, has acquired Walburn Industrial Services. KLH acquired Thorpe Specialty Services from the CapStreet Group in September 2022. Thorpe provides refractory, corrosion, scaffolding, and insulation services to North American-based companies that utilize assets that operate in high-temperature, high-abrasive, and highly corrosive environments.

Assets 100
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3 Tax Hits Retirees Need to Watch Out For

The Motley Fool

It's hard to get out of paying taxes in general. But many people assume that once they start retirement, they'll be able to magically avoid owing the IRS money. Unfortunately, that line of thinking could lead to a world of financial upheaval for you. That's because many common forms of retirement income are indeed subject to taxes. Here are three specific tax hits you might incur -- and what to do about them.

Taxes 244
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CVC Credit closes Cordatus XXXI at more than €440m

Private Equity Wire

CVC Credit, the €40bn global credit management business of CVC Capital Partners, has closed Cordatus XXXI, its fourth new Collateralised Loan Obligation (CLO) this year, at more than €440m (c$475m). The new vehicle, which was tightly priced despite broader market volatility, brings CVC’s aggregate value of newly priced CLOs in 2024 to c€1.8bn (c$2.0bn).

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3 Dow Stocks That Are No-Brainer Buys in May

The Motley Fool

For nearly 128 years, the iconic Dow Jones Industrial Average (DJINDICES: ^DJI) has served as one of the premier barometers of Wall Street's health. Since its official debut on May 26, 1896, it's evolved from a 12-component index that catered heavily to industrial stocks into a 30-stock index packed with diverse, time-tested, multinational businesses.

Debt 244