Thu.Dec 19, 2024

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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.

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Acurast Unveils Processor Lite for iOS: Empowering iPhone Users to Join the DePIN Cloud Rebellion Secured by Polkadot

FinSMEs

Zug, Switzerland, 19th December 2024, Chainwire The post Acurast Unveils Processor Lite for iOS: Empowering iPhone Users to Join the DePIN Cloud Rebellion Secured by Polkadot appeared first on FinSMEs.

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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.

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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

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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 130
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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

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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.

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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.

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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.

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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
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Soho House shares surge on takeover offer

Financial Times M&A

Approach follows years of stock price struggles for the members club

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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.

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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

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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 130
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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.

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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 130
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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.

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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?

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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.

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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.

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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

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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
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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.

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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.

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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.

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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.

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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.

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Why Aehr Test Systems Rocketed Higher This Week

The Motley Fool

Shares of Aehr Test Systems (NASDAQ: AEHR) rallied 14.5% this week, according to data from S&P Global Market Intelligence. This week's move was all the more notable since the market sold off hard in the wake of the Federal Reserve's rate decision and 2025 guidance on Wednesday. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day.

Returns 100
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Ottimo Pharma Raises Over $140M

FinSMEs

Ottimo Pharma, a NYC-based private biotech company, raised over $140M in funding. The round was led by OrbiMed, Avoro Capital, Samsara BioCapital. Other investors included RTW Investments, Decheng Capital, Janus Henderson Investors, J.P. Morgan Life Sciences Private Capital, Invus, and founding investor Medicxi. In connection with the financing Peter Thompson (OrbiMed), Mark Chin (Avoro Capital), and Srini Akkaraju (Samsara BioCapital) will […] The post Ottimo Pharma Raises Over $140M appe

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Why Investors Were Eager to Climb Aboard American Express Today

The Motley Fool

Storied credit card giant American Express (NYSE: AXP) rode the express train to profit on Thursday. On news of several analyst price target increases, the company's stock zoomed almost 2% higher on the day. That was more than good enough to top the S&P 500 (SNPINDEX: ^GSPC) , which slumped by nearly 0.1%. A trio of price target lifts What helped was that not one, not two, but three analysts upped their fair value assessments of AmEx stock.

Investors 100
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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 59
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Why BigBear.ai Stock Is Sinking Today

The Motley Fool

The stock of BigBear.ai (NYSE: BBAI) is losing ground in Thursday's trading. The company's share price was down 4.8% as of noon ET today, while the S&P 500 index was up 0.5%, and the Nasdaq Composite index was up 0.7%. BigBear stock had been up as much as 18.5% to start the day's trading thanks to an announcement of a new government contract. But investors are weighing macroeconomic risks and pivoting away from speculative stocks, and recent filings with the Securities and Exchange Commissio

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Apollo Care Receives Growth Equity Investment from Flexpoint Ford

FinSMEs

Apollo Care, a Chicago, IL-based provider of patient access and analytics solutions, received a growth equity investment from Flexpoint Ford. The amount of the deal was not disclosed. Under the terms of the investment, Flexpoint Ford will take a minority ownership stake in Apollo Care, andJonathan OkaandElliot Lauzenwill join the company’s Board of Directors.

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Why Lam Research Fell Today

The Motley Fool

Shares of semiconductor equipment supplier Lam Research (NASDAQ: LRCX) lost ground Thursday morning, and were trading down 4.7% as of 12:25 p.m. ET. This is notable as Lam is missing out on the rebound many stocks are experiencing following Wednesday's market rout. Lam's decline was set off by the tepid outlook that one of its key customers delivered Wednesday afternoon.

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