Fri.Mar 29, 2024

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1 Unstoppable Cryptocurrency With 5,300% Upside by 2030, According to Cathie Wood

The Motley Fool

Cathie Wood is the head of Ark Investment Management, which operates 14 exchange-traded funds (ETFs) focused on technological innovations. They include everything from artificial intelligence (AI) to electric vehicles to cryptocurrency. Ark is extremely bullish on the world's largest cryptocurrency, Bitcoin (CRYPTO: BTC). The firm's official research implies the coin could deliver a gain of 2,000% by 2030, but Wood herself just came out with a new price target that points to a potential upside o

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How Bad is Credit Card Usage in America?

A Wealth of Common Sense

I got a new credit card this week. What can I say? I’m a sucker for a good sign-up bonus and the free bags on American flights will basically pay for the annual fee. A new card always comes with a lot of paperwork. They have all sorts of numbers to run by you, along with plenty of fine print. As a personal finance junkie, I always like to thumb through this stuff.

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Here's the Average Social Security Benefit at Ages 62, 67, and 70

The Motley Fool

For a majority of retirees, Social Security provides an indispensable source of income. A recent update from the Center on Budget and Policy Priorities found that the guaranteed monthly payouts provided by America's top retirement program pull 22.7 million people above the federal poverty line each year, 16.5 million of which are aged 65 and over. Furthermore, 22 years of annual surveys by national pollster Gallup have shown that 80% to 90% of retirees consistently rely on their monthly Social S

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Montagu agrees $700m deal for JM’s medical device components business

Private Equity Insights

Mid-market private equity firm Montagu Private Equity (Montagu) has agreed a deal to acquire Johnson Matthey’s (JM) Medical Device Components business (MDC) for a cash consideration of $700m (£550m) on a cash-free, debt-free basis. The MDC business produces components for medical device manufacturers globally with a focus on precious metal alloys and nitinol, serving a global customer base from manufacturing sites in the USA (San Diego), Mexico (Mexicali), and Australia (Tullamarine).

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Even Costco Gas Is Expensive in This State

The Motley Fool

Image source: Getty Images Finding a good deal at the pump is more important than ever to many Americans as they grapple with stubborn inflation. And in California, even Costco members may feel pain at the pump. The average price of Costco gas from three California locations (Los Angeles, San Francisco, and San Diego) is about $4.45 per gallon, compared to $3.46 nationally.

Financing 246
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Insurer Centene to sell UK unit to UAE’s PureHealth in $1.2b deal

Private Equity Insights

Centene said on Monday it will sell British hospital operator Circle Health Group to United Arab Emirates-based PureHealth for about $1.2 billion including debt, as the U.S. health insurer refocuses on its core business. The acquisition will help PureHealth, which is the UAE’s largest healthcare provider, enter the UK market in a deal that it said has the potential to deliver wide-ranging benefits to the healthcare ecosystems of both countries. “These benefits include the expansion o

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Mubadala Investment Company Acquires 100% of KELIX Bio in Full Ownership Deal

Private Equity Insights

Mubadala supporting UAE’s vision to become a global leader in the life sciences sector. The acquisition of KELIX bio will reinforce the UAE’s biopharma ecosystem and increase Mubadala’s presence regionally and globally. The sold stake represents the full ownership of Development Partners International (DPI), an investment firm focused on Africa; British International Investment (BII), the UK’s development finance institution; and the European Bank for Reconstruction and Development (EBRD) in KEL

Companies 130
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5 Lies the 1% Want You to Believe About Wealth

The Motley Fool

Image source: Getty Images The wealthiest 1% of Americans have gotten a lot wealthier in the past few decades, while many other Americans struggle with higher prices for groceries and car insurance. Money is power, and the richest Americans have often manipulated the public conversation about wealth in ways that serve their best interests. Let's look at a few big myths about wealth that the top 1% want you to keep believing. 1.

Taxes 246
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Blackstone to invest US$25bn in India PE assets over five years

Private Equity Insights

BLACKSTONE plans to assemble a US$25 billion portfolio of Indian private equity assets over the next five years, reflecting the South Asian country’s increasing allure to global investors. The New York-based firm also intends to add 20 investment professionals to its asset management business in India and double its office space in Nariman Point in downtown Mumbai, according to its head of private equity in Asia, Amit Dixit.

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2 No-Brainer Artificial Intelligence (AI) Stocks (not Named Nvidia) to Buy Right Now

The Motley Fool

The AI bull market is here. Stocks are back at all-time highs, thanks largely to a new boom in artificial intelligence (AI). The launch of ChatGPT has set off a race to be a leader in what top CEOs and major investors think will be the next transformative technology, generative AI. Nvidia , which sells the graphics processing unit (GPU) components that are the backbone of the advanced computing systems required for AI, has been the biggest winner so far.

Returns 246
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Amazon Spends $2.75bn on AI Startup Anthropic in its Largest Venture Investment 

Private Equity Insights

Amazon is spending billions more to back an artificial intelligence startup as it looks for an edge in the new technology arms race. It would spend another $2.75 billion backing Anthropic, adding to its initial $1.25 billion check. Amazon is making its largest outside investment in its three-decade history as it looks to gain an edge in the artificial intelligence race.

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3 Ways You Can Protect Yourself From Social Security Cuts

The Motley Fool

Social Security is not on the verge of going bankrupt. You may have heard rumors to the contrary, but it's important not to buy into them. That said, Social Security isn't in the best place financially, either. In the coming years, the program expects to owe more in benefits than it collects in revenue. Social Security can tap its trust funds to keep up with its financial obligations for a period of time.

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Advent International and CVC Capital Eye Partner in Pet Food Acquisition for €2bn

Private Equity Insights

Private equity firms Advent International and CVC Capital are teaming up to launch a joint bid to acquire Partner in Pet Food (PPF), a European animal food brand owned by Cinven, which is seeking around €2bn for the business, according to a report by The Financial Times. The report cites people familiar with the matter as confirming the joint approach with talks between the parties said to be ongoing, There is no certainty at this stage that a deal will be reached, according to the FT’s sources.

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Warren Buffett Is Raking In $4.36 Billion in Annual Dividend Income From These 5 Stocks

The Motley Fool

For nearly 60 years, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) CEO Warren Buffett has been dazzling professional and everyday investors with outsize investment returns. Whereas the benchmark S&P 500 has gained more than 34,000%, including dividends paid, since the Oracle of Omaha became CEO, Berkshire Hathaway's Class A shares have appreciated by more than 5,000,000%.

Banks 246
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Mayfair Capital Partners sells outdoor furniture co POLYWOOD

Private Equity Insights

Mayfair Capital Partners (Mayfair), the private investment division of Oxford Financial Group (Oxford) has sold outdoor furniture specialist POLYWOOD to an investor group led by Arsenal Capital Partners (Arsenal), in partnership with BayPine. Financial terms of the transaction have not been disclosed. Headquartered in Syracuse, Indiana, POLYWOOD produces high-density polyethylene (HDPE) outdoor living products including rocking and occasional chairs, benches, swings, dining sets, and deep seatin

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1 Incredible Growth Stock to Buy Before Its Market Cap Jumps 67%

The Motley Fool

Share prices of Micron Technology (NASDAQ: MU) took off big time following the company's fiscal 2024 second-quarter results (for the three months ended Feb. 29), which were released on March 20. The stock rose over 14% in a single session thanks to outstanding growth in revenue and earnings. Micron's metrics crushed Wall Street expectations, and its guidance was strong enough to confirm the company's turnaround has finally arrived.

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Home Depot acquires SRS Distribution in $18bn purchase

Private Equity Insights

Home Depot hopes to gain more professional customers who work on larger projects through the acquisition of SRS Distribution, which supplies roofers and other contractors. Home Depot announced Thursday it is buying a roofing distributor in a massive $18 billion deal that signals the home-improvement retailer’s intent to attract more business from contractors and construction companies.

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Could Oracle Become the Next Microsoft?

The Motley Fool

Microsoft 's (NASDAQ: MSFT) stock surged nearly 1,000% over the past decade and turned it into the world's most valuable company, with a market cap of $3.2 trillion. That massive growth spurt was driven by the expansion of its mobile, cloud, and AI ecosystems under Satya Nadella, who became the company's CEO in 2014. Microsoft is still one of the market's top AI stocks , but investors are probably already looking for the next tech stock that could replicate those gains over the next decade.

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Golding raises nearly €280m for latest secondaries fund

Private Equity Insights

Golding Capital Partners has raised nearly €280m for its latest secondaries fund with the vehicle on track to attract more capital commitments than the firm’s inaugural secondaries fund, according to a report by Secondaries Investor. The report cites a statement issued by Golding as confirming that Golding Secondaries 2022 is expected to reach its €500m target, having held a first close at €172m in August last year.

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If Nvidia's Unbelievable Growth Continues, These Undervalued Stocks Will Skyrocket

The Motley Fool

Nvidia 's (NASDAQ: NVDA) data center business is growing like crazy as the interest in artificial intelligence (AI) increases. But investors seem to be overlooking the biggest opportunity, no matter who wins in AI: energy. In this video, Travis Hoium shows how much AI could change energy demand and who would benefit in the long term. *Stock prices used were end-of-day prices of March 28, 2024.

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TPG to halve China allocation of new $5bn Asia fund

Private Equity Insights

TPG Inc is to cut the China investment allocation of its eighth Asia buyout fund, which is set to close with around $5bn in total capital commitments, by about 50% compared with previous funds focused on the region, according to a report by Bloomberg. The report cites an unnamed person familiar with the matter as confirming the change which will see the investment firm to put about 10% of its Asia VIII pool in China, down from around 25% of invested capital in previous funds.

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You Can Do Better Than the Dow Jones. Buy This ETF Instead.

The Motley Fool

The arguments for simply buying and holding a basket of blue chip stocks like those in the Dow Jones Industrial Average (DJINDICES: ^DJI) are solid to be sure. This group of stocks is inherently well diversified, for instance, in addition to being market stalwarts. Standard & Poor's also regularly updates the Dow's 30 stocks. Perhaps best of all, a long-term investment in an instrument like the SPDR Dow Jones Industrial Average ETF Trust (NYSEMKT: DIA) is simple, and it doesn't require any r

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How EBITDA multiples relate to valuation

Private Equity Info

People often speak of M&A transaction valuations in multiples of EBITDA because EBITDA is a proxy for cash flow, and cash flow is the fundamental driving force of business valuation — expected future cash flow, that is.

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2 Ultra-High-Yield Real Estate Stocks to Buy Hand Over Fist, and 1 to Avoid

The Motley Fool

Real estate can be a great spot to score a big-time income stream. Many real estate investment trusts (REITs) offer ultra-high dividend yields. That enables income-focused investors to generate a lot more income from every dollar they invest. Realty Income (NYSE: O) and Vici Properties (NYSE: VICI) currently offer dividend yields approaching 6%, which is several times above the S&P 500 's 1.3% dividend yield.

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Finding the best investment banker to represent your company

Private Equity Info

On occasion, corporate CEOs ask if we can help find the best investment bank to represent them in either a capital raise, recapitalization or exit.

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Is Costco Wholesale Planning a Stock Split? 1 Thing Management Might Be Waiting For

The Motley Fool

Stock splits often happen when a stock's price gets high enough that management feels inclined to lower it to make it more accessible to a wider pool of investors. If a stock is trading at hundreds or thousands of dollars, investors who aren't able to buy fractional shares may not be able to own the stock. But with stock splits, companies can reduce their share prices, thus making them a useful tool for that purpose.

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Displaying integrity helps close M&A deals

Private Equity Info

Learn how displaying integrity in M&A deals can be more valuable than transaction details, as seen in this successful acquisition contract negotiation.

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Should Intel and AMD Stock Investors Be Worried About Potential China Ban?

The Motley Fool

In today's video, I discuss recent updates affecting Advanced Micro Devices (NASDAQ: AMD) and Intel (NASDAQ: INTC). 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 March 27, 2024. The video was published on March 29, 2024. Should you invest $1,000 in Advanced Micro Devices right now?

Investors 246
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Float Raises $10M in Series A Funding

FinSMEs

Float Health, a San Francisco, CA-based marketplace moving care that doesn’t need a hospital to the home, raised $10m in Series A funding. The round was led by Canvas Ventures, whose General Partner Mike Ghaffary has joined Float’s board, with participation from Wave Capital, Y Combinator, Burst Capital, and Also Capital, as well as Max Mullen, Co-founder of Instacart, Andrew Bartynski, […] The post Float Raises $10M in Series A Funding appeared first on FinSMEs.

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Nvidia Continues to Dominate the Artificial Intelligence (AI) Market, but This Semiconductor Company Believes It's a Great Alternative

The Motley Fool

In today's video, I discuss recent updates affecting Nvidia (NASDAQ: NVDA). 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 March 27, 2024. The video was published on March 27, 2024. Should you invest $1,000 in Nvidia right now? Before you buy stock in Nvidia, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to b

Companies 246
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Why the renewables market does not work

Financial Times: Moral Money

A new book argues that the low cost of green energy is not always an asset

Assets 111
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Nike Doesn't Hold a Candle to Lululemon, Except in 1 Key Area

The Motley Fool

With $51.6 billion in trailing-12-month sales and an iconic, globally recognized brand, Nike (NYSE: NKE) is certainly familiar to most investors. Its dominance in the sports apparel and footwear market is unmatched. But the industry is characterized by intense competition. Businesses are trying to satisfy the constantly changing tastes and preferences of consumers across the world.

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Cyvl.ai Raises $6M in Funding

FinSMEs

Cyvl.ai, a Somerville, MA-based company which specializes in enterprise AI solutions for transportation infrastructure, raised $6M in funding. The round was led by Companyon Ventures, with participation from Argon Ventures, AeroX Ventures, and Alumni Ventures, and existing investors MassVentures, Launch Capital, RiverPark Ventures, Launchpad Venture Group, and Hub Angels.

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2 Artificial Intelligence (AI) Stocks to Buy With $200 Right Now and Hold for Decades

The Motley Fool

Artificial intelligence (AI) is rapidly permeating all aspects of our daily lives, changing the way we work and live. With AI-driven solutions helping businesses gain a competitive edge by improving productivity and driving cost efficiencies, the technology has also emerged as a major investment theme. Investors do not need boatloads of cash to venture into AI stocks.