Thu.Dec 19, 2024

article thumbnail

Lennar (LEN) Q4 2024 Earnings Call Transcript

The Motley Fool

Image source: The Motley Fool. Lennar (NYSE: LEN) Q4 2024 Earnings Call Dec 19, 2024 , 11:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Welcome to Lennar's fourth-quarter earnings conference call. At this time, all participants are in a listen-only mode. After the presentation, we will conduct a question-and-answer session.

Debt 242
article thumbnail

Broadcom chief Hock Tan says AI spending frenzy to continue until end of decade

Financial Times M&A

CEO said Big Tech groups are investing full tilt as US chipmaker soars to more than $1tn valuation

Investing 109
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Billionaire Stanley Druckenmiller Sold 95% of Duquesne's Stake in Palantir and Is Piling Into This Trillion-Dollar Artificial Intelligence (AI) Stock Instead

The Motley Fool

The fourth quarter has been packed with important data releases. In November, investors received hundreds of earnings reports from Wall Street's most-influential businesses, the much-anticipated election results , and numerous economic data releases that offer clues as to the steps the nation's central bank might take next. But perhaps the most relevant data dump of them all came on Nov. 14.

Stakes 246
article thumbnail

General Atlantic-backed DLocal explores sale

Private Equity Wire

DLocal, the Latin American payments provider backed by private equity firm General Atlantic as its largest shareholder, is exploring strategic options, including a potential sale, according to a report by Reuters citing sources familiar with the matter. The Montevideo, Uruguay-based company, which has a market value of approximately $3.6bn, has engaged Morgan Stanley to evaluate acquisition interest.

article thumbnail

Nvidia vs. Broadcom: Which Is the Better AI Chip Stock to Own in 2025?

The Motley Fool

When it came to artificial intelligence (AI) infrastructure in 2024, Nvidia (NASDAQ: NVDA) reigned supreme. However, Broadcom (NASDAQ: AVGO) will be looking to challenge the chipmaker in 2025. Both stocks have had strong runs in 2024, with Nvidia's stock up over 170% year to date as of this writing and Broadcom up around 107%. Let's consider which semiconductor stock looks like the better buy heading into 2025.

Prospects 246
article thumbnail

Colbeck Capital names Head of Business Development

Private Equity Wire

Colbeck Capital Management, a middle-market private credit firm, has appointed Gregory Budetti as Head of Business Development, overseeing strategic capital formation initiatives and develop investment solutions. According to a press release, he will be working closely with Managing Partners Jason Beckman and Jason Colodne. Budetti brings over a decade of experience in business development, investor relations, and capital raising.

Capital 98
article thumbnail

Spousal Social Security Benefits: 4 Things All Retired Couples Should Know

The Motley Fool

Many people view Social Security as a plan that forces individuals to save for their retirement. That view is mostly correct. Employers must contribute to the retirement savings of their workers, too. There's also a twist to Social Security that allows spouses to claim benefits based on their husbands' or wives' benefits. How do these spousal Social Security benefits work?

Legal 246

More Trending

article thumbnail

Where Will Archer Aviation Be in 1 Year?

The Motley Fool

Archer Aviation (NYSE: ACHR) has captured the imagination of investors recently as the company has inched closer to commercial launch. But what should we expect in the next year? Travis Hoium explains where investors should see progress in this video. *Stock prices used were end-of-day prices of Dec. 16, 2024. The video was published on Dec. 17, 2024.

Returns 245
article thumbnail

Harbour Teams with Velocity Labs to Launch Instant Stablecoin Payment Between EU Banks and Polkadot

FinSMEs

London, UK, 19th December 2024, Chainwire The post Harbour Teams with Velocity Labs to Launch Instant Stablecoin Payment Between EU Banks and Polkadot appeared first on FinSMEs.

Banks 98
article thumbnail

AMD's Stock Is Trading Near Its 52-Week Low. Is Now the Time to Buy?

The Motley Fool

Amid all the hype about the tech sector and artificial intelligence (AI) this year, one stock that has surprisingly not done well is Advanced Micro Devices (NASDAQ: AMD) , aka AMD. As of Monday, shares of the chipmaker were down 15% year to date. It's now near its 52-week low, despite its long-term potential. Could this be a great time to invest in AMD stock?

Investors 241
article thumbnail

MidOcean Partners’s CLO equity fund surpasses $300m target

Private Equity Wire

MidOcean Partners has closed its inaugural MidOcean CLO Equity Fund I with $304m in capital commitments, surpassing its $300m target, having received support from both existing clients and new investors. According to Business Wire, The New York-based alternative asset manager, specialising in middle-market private equity, alternative credit, and structured capital, aims to generate attractive risk-adjusted returns by investing in CLO equity.

Funds 96
article thumbnail

Here's Billionaire Investor Bill Ackman's Favorite Artificial Intelligence (AI) Stock -- and Why It's a No-Brainer Buy for 2025

The Motley Fool

Bill Ackman is outspoken. He's passionate. And he's one of the wealthiest people in the world, with a net worth of over $9 billion. Ackman doesn't talk much about artificial intelligence (AI), but that doesn't mean he isn't interested in profiting from the game-changing technology. Here's Ackman's favorite AI stock -- and why it's a no-brainer buy for 2025.

article thumbnail

Decart Raises $32M in Series A Funding

FinSMEs

Decart, a San Francisco, CA-based AI research lab, raised $32M in Series A funding. The round was led by Benchmark, with participation from existing investors Sequoia Capital and Zeev Ventures. The company intends to use the funds to grow its team of experts. Led by CEO Dean Leitersdorf, Decart has built an AI infrastructure platform […] The post Decart Raises $32M in Series A Funding appeared first on FinSMEs.

Funds 98
article thumbnail

3 Top Tech Stocks That Could Make You a Millionaire

The Motley Fool

It's easy to assume that a millionaire-making stock is a rags-to-riches story, a lottery ticket-style investment that hit it big. Sure, those stories exist, but the reality is that investors are most likely to get rich on a stock slowly. To create riches, investors need to buy into successful companies that have proven they can grow, have a lot of room to keep growing, and are profitable enough to share profits with investors via dividends and buying back stock.

article thumbnail

What are the bumps in the road to a Honda-Nissan merger?

Financial Times M&A

Deal terms, Renaults position, differing cultures and a possible rival bidder could all upset plans for a combination

96
article thumbnail

Investing in These 2 Top Growth Stocks Would Be a Brilliant Move

The Motley Fool

Growth stocks are back in style these days. Several well-known ones are crushing the market while riding the wave of the artificial intelligence revolution (AI). However, plenty of growth-oriented companies outside of AI are worth investing in. Industries such as e-commerce and fintech have terrific prospects, too, and the leaders in these spaces could deliver outsize returns over the long run.

Investing 189
article thumbnail

Fuji Soft backs Bain in PE bidding war

Private Equity Wire

Japanese IT company Fuji Soft’s founding family has reaffirmed its support for a takeover proposal by private equity firm Bain Capital, despite opposition from Fuji Soft’s board, according to a report by Reuters citing a jointly released statement with Bain. In a bidding war with rival private equity giant KKR, Bain raised its offer to JPY9,600 per share last week, a 1.6% premium over KKR’s JPY9,451 bid, and became hostile after Fuji Soft’s board rejected the offer in fav

Bidding 96
article thumbnail

Billionaire Israel Englander Sells Apple Stock and Buys an Index Fund That Could Soar 180%, According to a Wall Street Analyst

The Motley Fool

Israel Englander is the CEO of Millennium Management, the second most profitable hedge fund in history as measured by net gains since inception, according to LCH Investment. In total, Millennium owns more than 6,000 stocks, index funds, and options, but Englander downsized one of his largest positions in the third quarter. Specifically, he sold 11.5 million shares of Apple (NASDAQ: AAPL) , reducing his stake by 90%.

article thumbnail

Bain Capital eyes Sizzling Platter deal

Private Equity Wire

Bain Capital is in negotiations to acquire Sizzling Platter, a company that operates several restaurant franchises including Little Caesars and Jersey Mike’s, for over $1bn, including debt, according to a report by Reuters. The report cites unnamed sources as revealing that Utah-headquartered Sizzling Platter, which is owned by CapitalSpring, and also manages franchises such as Dunkin’, Wingstop, and Jamba, has reportedly been working with investment bankers from UBS and Deutsche Ban

Capital 97
article thumbnail

The Stock Market Just Did Something It Last Did in 1978. History Says This Will Happen Next.

The Motley Fool

The Dow Jones Industrial Average (DJINDICES: ^DJI) , one of three major U.S. stock market indexes, had declined in nine straight trading sessions as of Tuesday, Dec. 17. The last time the Dow Jones strung together a losing streak that long was February 1978. Specifically, the index fell more than 4% during the nine trading days that ended on Feb. 22, 1978.

article thumbnail

Aterian Investment Partners promotes Mark Lecher to Allentown CEO

AltAssets

Private equity firm Aterian Investment Partners has promoted Mark Lecher to the role of CEO of its portfolio business Allentown. Prior to taking the role, Lecher had served as CFO for the Allentown enterprise. He holds over 30 years of experience across a wide berth of executive level roles, including as CEO, president, COO and […] The post Aterian Investment Partners promotes Mark Lecher to Allentown CEO appeared first on AltAssets Private Equity News.

article thumbnail

Why SoundHound AI Stock Is Plummeting Today

The Motley Fool

SoundHound AI (NASDAQ: SOUN) stock is seeing big sell-offs in Thursday's trading. The company's share price was down 12.3% as of 11:30 a.m. ET. Meanwhile, the S&P 500 index was up 0.6%, and the Nasdaq Composite index was up 0.7%. Despite being down big as of this writing, SoundHound AI stock actually started the day with big gains. The conversational artificial intelligence ( AI ) specialist's share price had been up as much as 14.1% earlier in the session.

Returns 183
article thumbnail

Lens Closes $31M Funding

FinSMEs

Lens, a provider of an Ethereum network empowering social and finance, raised $31M in funding. The round was led by Lightspeed Faction. Additional participants included Avail, Circle, Consensys, DFG, Fabric Ventures, Foresight Ventures, Superscript, Re7, and Wintermute Ventures, as well as angel investors Rune Christensen, Aleksander Larsen, Anurag Arjun, Alex Gluchowski, Anton Bukov, Spencer Noon, […] The post Lens Closes $31M Funding appeared first on FinSMEs.

article thumbnail

CarMax (KMX) Q3 2025 Earnings Call Transcript

The Motley Fool

Image source: The Motley Fool. CarMax (NYSE: KMX) Q3 2025 Earnings Call Dec 19, 2024 , 9:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Ladies and gentlemen, thank you for standing by. Welcome to the third-quarter fiscal year 2025 CarMax earnings release conference call. [Operator instructions] Please be advised that today's conference is being recorded.

article thumbnail

777 Partners passes on Italian football club

Private Equity Wire

US private equity firm 777 Partners has transferred ownership of Italy’s oldest football club, Genoa, to Romanian businessman Dan Sucu, but will retain a minority shareholding, according to a report by Reuters. Sucu now controls 77% after underwriting a capital hike of around 45m ($42m). Genoa is reportedly hopeful that Sucu, who also owns 90% of Romanian side Rapid Bucharest, will bring financial stability following a period of uncertainty under 777 Partners.

article thumbnail

2 Artificial Intelligence (AI) Stocks That Could Make You a Millionaire

The Motley Fool

Artificial intelligence (AI) has been one of the hottest trends in the technology sector over the past couple of years, and that's not surprising as this disruptive technology has been positively impacting multiple companies across several industries. McKinsey and Company pointed out last year that generative AI has the potential to add between $2.6 trillion and $4.4 trillion to the global economy by boosting productivity in sectors such as banking, retail, marketing, and factory automation.

article thumbnail

Riverside smells potential with Essential Compositions deal

Private Equity Wire

Global investment firm The Riverside Company has acquired a controlling stake in Spain’s Essential Compositions, a fast-growing developer and manufacturer of fragrances, through an affiliated European investment fund. According to a press release, this marks Riversides sixth investment in the European ingredients market, with previous deals including Capol, MEC3, E&A Scheer, Euromed, and HTBA.

Legal 91
article thumbnail

Waymo Is Going to Japan

The Motley Fool

Alphabet 's (NASDAQ: GOOG) (NASDAQ: GOOGL) Waymo is taking its first step into international markets by going to Tokyo. This is a big part of the business finally scaling, which Travis Hoium covers in this video. *Stock prices used were end-of-day prices of Dec. 17, 2024. The video was published on Dec. 19, 2024. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now.

Returns 130
article thumbnail

Gen II appoints Head of Business Development, Europe

Private Equity Wire

Gen II has appointed Paul Spendiff as its new Head of Business Development, Europe, as the private capital fund administrator continues to focus on the evolution of its transatlantic services capabilities in support of its clients growth ambitions. Working closely with the Gen II senior leadership team, Spendiff will be responsible for leading the ongoing growth and development of the business across its European jurisdictions.

article thumbnail

This 4%-Yielding Dividend Stock Is a Top Buy for Income and Upside in 2025 and Beyond

The Motley Fool

Brookfield Infrastructure (NYSE: BIPC) (NYSE: BIP) offers investors the best of both worlds. The global infrastructure operator pays a very attractive dividend (more than 4% yield). On top of that, it's growing briskly (more than 10% annually). Those dual catalysts should enable the infrastructure stock to continue producing strong total returns in 2025 and beyond.

Prospects 130
article thumbnail

FedEx to spin off freight unit

Financial Times M&A

Division could be worth more than $30bn, analysts say

76
article thumbnail

The Ultimate Guide to Investing in Bitcoin for Maximum Returns

The Motley Fool

Bitcoin (CRYPTO: BTC) continues to prove that it's one of the best financial assets to own. Its price has skyrocketed 145% in 2024 (as of the Dec. 18). And in the past five years, it has climbed a whopping 1,300%. As of this writing, the world's oldest and most valuable cryptocurrency trades at about $103,000, with its market cap now above the $2 trillion mark.

Returns 130
article thumbnail

Soho House shares surge on takeover offer

Financial Times M&A

Approach follows years of stock price struggles for the members club

75
article thumbnail

Opinion: Why I Think the Recent Fears Surrounding Nvidia Are Overblown

The Motley Fool

In today's video, I discuss recent updates impacting Nvidia (NASDAQ: NVDA). To learn more, check out the short video, consider subscribing, and click the special offer link below. *Stock prices used were the after-market prices of Dec. 17, 2024. The video was published on Dec. 17, 2024. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day.

Returns 130
article thumbnail

Marinade Finance Makes Strategic Investment in SuperSol

FinSMEs

Dubai, United Arab Emirates, 19th December 2024, Chainwire The post Marinade Finance Makes Strategic Investment in SuperSol appeared first on FinSMEs.

Finance 59
article thumbnail

Why Altimmune Was Such a Robustly Healthy Stock on Thursday

The Motley Fool

Altimmune (NASDAQ: ALT) had some encouraging news to share with the world as the trading week drew near a close on Thursday. The biotech announced that it will soon ascend to an important, specialized stock index; investors greeted this news by trading the company's stock up by more than 3% on the day. This provided quite a marked contrast to the general trend for stocks, as the S&P 500 index dipped marginally across the session.

Returns 100
article thumbnail

Antin Infrastructure Partners concludes Flagship Fund V

AltAssets

Antin Infrastructure Partners, an infrastructure investment firm, has closed its fifth flagship fund above target at 10.2 billion ($10.7 billion). According to Antin, the new fund is anticipated to be the biggest infrastructure fund to reach a final closing globally in 2024. The size of the fund represents an increase of over 50% from its […] The post Antin Infrastructure Partners concludes Flagship Fund V appeared first on AltAssets Private Equity News.

Funds 52