Thu.Feb 01, 2024

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Why Super Micro Computer Stock Rocketed to New Highs This Week

The Motley Fool

Week to date, shares of Super Micro Computer (NASDAQ: SMCI) were up 23% through Thursday's market close, according to data provided by S&P Global Market Intelligence. The demand for artificial intelligence (AI)-driven computing is driving accelerating revenue growth and profits for this leading supplier of rack-scale solutions for data centers. Despite the stock's massive run over the last year, the company is seeing market share gains for its products and raised full-year revenue guidance.

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Charlesbank invests in investment advisors’ financial partner Rise Growth Partners

PE Hub

With capital from Charlesbank and Rise management, Rise will seek to acquire significant minority stakes in select RIA firms. The post Charlesbank invests in investment advisors’ financial partner Rise Growth Partners appeared first on PE Hub.

Investing 217
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Where Will Walt Disney Stock Be in 3 Years?

The Motley Fool

"Always in motion is the future" -- according to Star War 's Yoda. That's especially true in the stock market, where today's winners may be tomorrow's has-beens -- or the other way around. It's never easy to predict what any particular industry or company will look like several years ahead. Before you know it, the most accurate forecast may be undone by a global health crisis, a busted mortgage lending system, or a game-changing artificial intelligence (AI) tool.

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New State Capital-backed PAX snaps up Cram Roofing

PE Hub

Based in Millersville Maryland, PAX is a provider of roofing and exterior services. The post New State Capital-backed PAX snaps up Cram Roofing appeared first on PE Hub.

Capital 216
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I Have Yet to Make Travel Plans for 2024. Here's Why I'm Already Saving for Trips

The Motley Fool

Image source: Getty Images Travel is a big passion of mine. When budgeting how to spend my money, I ensure some of my income goes toward travel. While I always pay necessary expenses like my mortgage , car insurance, and utilities first, some of my money gets set aside for fun. I traveled a lot last fall and winter, so I'm hanging close to home for the next few months to rest and relax.

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CenterSquare Investment Management taps Van Beelen as COO

PE Hub

In this role, she will be responsible for driving operational excellence and innovation throughout the firm. The post CenterSquare Investment Management taps Van Beelen as COO appeared first on PE Hub.

Investing 215

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Bansk Group buys beef jerky provider No Man’s Land Foods

PE Hub

No Man's Land Foods will continue to be led by CEO Pete Dillingham, President Clint Beagley, and the existing leadership team. The post Bansk Group buys beef jerky provider No Man’s Land Foods appeared first on PE Hub.

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Why Lucid's Days May Be Numbered

The Motley Fool

Shares of Lucid (NASDAQ: LCID) jumped earlier this week, but that masked some major problems for the automaker. In this video, Travis Hoium covers the company's financials and liquidity and considers why a premium EV company is facing real long-term challenges. *Stock prices used were end-of-day prices of Jan. 29, 2024. The video was published on Jan. 30, 2024.

Returns 246
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Metalmark-backed MM OS Holdings to sell minority stake in Octomera to Orgenesis

PE Hub

Orgenesis is a global biotech firm. The post Metalmark-backed MM OS Holdings to sell minority stake in Octomera to Orgenesis appeared first on PE Hub.

Stakes 205
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Intel's Foundry Business Has $10 Billion Locked In

The Motley Fool

The biggest shift in Intel 's (NASDAQ: INTC) strategy over the past few years under CEO Pat Gelsinger has been opening up its manufacturing operations to third parties. This isn't the first time Intel has attempted to build its own foundry business -- it tried and failed for about five years ending in 2018, although that effort was much narrower than what it's now aiming to accomplish.

Returns 246
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Granite Creek-backed Salem One scoops up printing and graphics firm iTek

PE Hub

Salem One is a provider of print-based corporate communication solutions. The post Granite Creek-backed Salem One scoops up printing and graphics firm iTek appeared first on PE Hub.

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People Think Visa Is the Largest Credit Card Company in the World. But Another One Makes Much, Much More Revenue.

The Motley Fool

More people have a Visa (NYSE: V) credit card than any other credit card in the world. It powers 4.3 billion cards globally, a number equal to more than half the world's population. It processed more than $15 trillion in payments over the trailing 12 months, and it works with more than 14,500 financial institutions worldwide. You might think it's unbeatable, and in certain ways, it is.

Companies 246
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GTCR completes buyout of payments technology provider Worldpay from FIS

PE Hub

The deal puts Worldpay at a valuation of $18.5 billion. The post GTCR completes buyout of payments technology provider Worldpay from FIS appeared first on PE Hub.

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Prediction: These Could Be the Best-Performing Cannabis Stocks Through 2030

The Motley Fool

Don't look now, but oft-maligned cannabis stocks aren't doing too badly these days. More than a few are seeing their stocks approach one-year highs, thanks to optimism about impending legalization and improving fundamentals. Even after several rounds of consolidation in the industry, there are still plenty of weed stocks to consider. Among that bunch, I think the two companies that can go the distance and produce sector-beating returns for their shareholders over the next few years are Green Thu

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Arsenal Capital taps Marquis as president

PE Hub

In this newly created role, Marquis will chair the firm’s management committee and continue to lead Arsenal’s strategic human capital and culture-building responsibilities. The post Arsenal Capital taps Marquis as president appeared first on PE Hub.

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Oil Stocks Aren't Going to Be Disrupted Anytime Soon. Here's Why You Can Buy.

The Motley Fool

If you pay even cursory attention to the news, you know that solar and wind power are increasingly important power sources. You probably also know that carbon fuels like oil and natural gas aren't held in high regard because of the emissions they produce. Kinder Morgan (NYSE: KMI) points out that these dynamics are unlikely to spell the end of oil anytime soon.

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Silver Lake-backed Blackhawk Network to buy B2B gift rewards firm Tango Card

PE Hub

Blackhawk Network is a payments provider. The post Silver Lake-backed Blackhawk Network to buy B2B gift rewards firm Tango Card appeared first on PE Hub.

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Is the Worst Over for Pfizer?

The Motley Fool

Pfizer (NYSE: PFE) celebrates its 175th anniversary this year, so the pharma giant has a long history. But the drugmaker actually jumped into the global spotlight not long ago when it launched its blockbuster coronavirus vaccine, Comirnaty, followed by top-selling COVID treatment Paxlovid. These two products helped Pfizer reach a record $100 billion in annual revenue in 2022.

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Francisco Partners completes buyout of The Weather Company from IBM

PE Hub

The Weather Company will continue to be led by CEO Sheri Bachstein. The post Francisco Partners completes buyout of The Weather Company from IBM appeared first on PE Hub.

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Nvidia Stock Just Got Amazing Artificial Intelligence (AI) News From These Trillion-Dollar Tech Giants

The Motley Fool

In today's video, I discuss the 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 Jan. 31, 2024. The video was published on Jan. 31, 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

Returns 246
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OEP sells IT services firm CDI

PE Hub

AHEAD is a provider of digital platforms for data, AI, infrastructure, and software development. The post OEP sells IT services firm CDI appeared first on PE Hub.

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3 Daycare Hacks: Cutting Costs Without Cutting Corners

The Motley Fool

Image source: Getty Images If the cost of daycare is upending your personal finances in a big way, you're not alone. Care.com data shows that in 2023, the average weekly cost of daycare for an infant was $321. Ouch. If you're drowning in daycare bills, you may be inclined to move your child to a different center with fewer amenities. But do you really have it in you to make that switch?

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Gibson joins Comvest as managing director

PE Hub

In this role, Gibson is responsible for originating, structuring and managing debt investments for Comvest Credit Partners, Comvest’s direct lending investment platform. The post Gibson joins Comvest as managing director appeared first on PE Hub.

Debt 180
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SoFi Stock Plummets After Skyrocketing 20% on Monday. What Happened?

The Motley Fool

In this video, I will explain why SoFi Technologies (NASDAQ: SOFI) stock is back to where it was before it reported its first profitable quarter and excellent long-term guidance, which saw the stock soar 20% in a day. *Stock prices used were from the trading day of Jan. 31, 2024. The video was published on Feb. 1, 2024. Should you invest $1,000 in SoFi Technologies right now?

Returns 246
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Charlesbank Capital’s David Katz: RIAs offer compelling risk-adjusted returns

PE Hub

Rise said it will focus on acquiring stakes in high-growth RIAs with assets under management ranging from $1bn to more than $5bn. The post Charlesbank Capital’s David Katz: RIAs offer compelling risk-adjusted returns appeared first on PE Hub.

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Citadel CEO Ken Griffin Just Revealed His Honest Thoughts on the U.S. Economy Right Now. 1 Stock I'll Be Buying Hand Over Fist if He's Right.

The Motley Fool

Citadel is one of the best-known hedge funds in the world. And with $56 billion in invested capital, it's also one of the biggest. Therefore, one would expect founder Ken Griffin to be well-informed about the economy. And indeed, Griffin just shared some of his thoughts on the subject in an interview with CNBC. Griffin observes that the U.S. economy is growing, the job market is holding up better than expected, and inflation is coming down.

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Mainsail Partners-backed Instinct Science acquires vet education company VetMedux

PE Hub

Instinct Science is a provider of veterinary practice management software. The post Mainsail Partners-backed Instinct Science acquires vet education company VetMedux appeared first on PE Hub.

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3 Growth Stocks That Have Raised Their Dividends for the Past 14+ Years

The Motley Fool

Some of the best dividend stocks don't have the best yields -- yet. And that's because their businesses are still experiencing some strong growth and they have to set some cash aside to help fund those growth opportunities. Even though their yields may not be terribly high, three dividend stocks that can make for excellent long-term dividend plays are UnitedHealth Group (NYSE: UNH) , Visa (NYSE: V) , and Costco Wholesale (NASDAQ: COST).

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The Parking Spot snags $750m debt financing from Carlyle

PE Hub

The Parking Spot is a portfolio company of Green Courte Partners. The post The Parking Spot snags $750m debt financing from Carlyle appeared first on PE Hub.

Debt 169
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Will 2024 Be the Year of the First Multibillion-Dollar AI Crypto Token?

The Motley Fool

For investors, artificial intelligence (AI) was one of the top crypto narratives of 2023. The sudden arrival of ChatGPT out of seemingly nowhere had everyone talking about artificial intelligence and the emergence of new AI crypto tokens. Yet, if you look at a list of the top AI crypto tokens right now, it's slim pickings. Only a handful rank among the top 200 cryptocurrencies by market cap, and only two have market caps north of $1 billion.

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GTCR closes Worldpay megadeal; tech investor superstar Chip Schorr expected to start PE firm

PE Hub

OEP's Schorr leaves the firm and is expected to launch a new private equity firm. The post GTCR closes Worldpay megadeal; tech investor superstar Chip Schorr expected to start PE firm appeared first on PE Hub.

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Forget Nvidia: These 2 Supercharged Growth Stocks Offer More Tantalizing Upside in 2024

The Motley Fool

Wall Street turned in a banner performance in 2023. When the curtain closed, the Dow Jones Industrial Average had managed to hit multiple record highs, while the S&P 500 and Nasdaq Composite shot higher by 24% and 43%, respectively. A fresh bull market has emerged, and growth stocks are to thank for it. Although the " Magnificent Seven " have collectively taken credit for the outperformance of the S&P 500 and Nasdaq Composite since the start of 2023, no megacap growth stock has stood out mor

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How Much is That $70,000 Truck Costing You?

A Wealth of Common Sense

A reader asks: I work in the construction industry and I’m always trying to spread a little financial literacy to my coworkers. Whenever I see a young guy getting ready to drop $70k on a new pickup I try to show them what that money could become if they invested in index funds instead. I like to call it “sequence of spending risk” Of course this rarely works so I thought having the experts comment could.

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My Top Dividend Stock to Buy for Passive Income Investors

The Motley Fool

Fool.com contributor Parkev Tatevosian reveals his top dividend stock to buy in February for passive income investors. *Stock prices used were the afternoon prices of Jan. 30, 2024. The video was published on Feb. 1, 2024. Should you invest $1,000 in Visa right now? Before you buy stock in Visa, 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 Visa wasn't one of them.

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