Fri.Dec 06, 2024

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Billionaire Steven Cohen Sold Point72's Entire Stake in Supermicro and Is Piling Into This Game-Changing Artificial Intelligence (AI) Stock Instead

The Motley Fool

In November, Wall Street and investors were privy to a flood of important data releases. Election Day, monthly economic data reports, and earnings season -- the six-week period each quarter where a majority of S&P 500 companies announce their operating results -- make it easy for a meaningful announcement to go unnoticed. For example, investors may have been so swamped by other news events that they completely missed the Nov. 14 deadline to file Form 13F with the Securities and Exchange Comm

Stakes 245
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Observer sale to Tortoise to proceed after late-night agreement

Financial Times M&A

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If I Could Only Make One Move to Improve My Finances in 2025, This Would Be It

The Motley Fool

Image source: Getty Images One of the most common New Year's resolutions people set is to improve their finances. It's a worthwhile goal, but it's easier said than done. A lot of people struggle because the lifestyle changes required may be too much to keep up with. It can also be challenging when you're working with such a vague goal in the first place.

Financing 246
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EQT launches energy transition infrastructure strategy with acquisition of ju:niz Energy

Private Equity Wire

Private equity giant EQT is establishing a new energy transition fund under its EQT Infrastructure division, kickstarting the initiative with the acquisition of German battery storage company ju:niz Energy. According to a press statement, EQT Transition Infrastructure “will seek to scale businesses that help enable the transition across industries to clean energy and a more resource-efficient, circular economy” Investing in North America, Europe, and Asia Pacific, the fund, led by Ja

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It's True: These 13 States Don't Tax Retirement Income

The Motley Fool

Many retirees fear taxes, and for good reason. Taxes tend to go up regularly, after all, and these folks are often living on fixed or at least limited incomes. Some retirees are so concerned about taxes in retirement that they consider relocating. If you're worried about your future tax bills in retirement, learn more about the taxes you'll face where you live, and factor that information into your retirement planning.

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Crédit Agricole lifts stake in Italy’s Banco BPM in blow to UniCredit bid

Financial Times M&A

Bidding 98

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Anaxi Labs and Carnegie Mellon University’s CyLab Unveil a Breakthrough Proof System

FinSMEs

Pittsburgh, United states, 6th December 2024, Chainwire The post Anaxi Labs and Carnegie Mellon Universitys CyLab Unveil a Breakthrough Proof System appeared first on FinSMEs.

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Is Your Job Costing You More on Car Insurance? Some Occupations Can Raise Rates

The Motley Fool

Image source: Upsplash/The Motley Fool Car insurance companies use a ton of information to determine how much you'll pay each month. While most of the factors are pretty obvious -- like your accident record, age, and the type of car you drive -- less obvious factors can also impact your car insurance rates. Did you know your job can impact how much you pay each month?

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LPs favour GPs who outsource waterfall calculations

Private Equity Wire

A recent study by CSC, a global administration and outsourcing solutions provider for alternative asset managers, reveals a growing trend among private capital firms to outsource distribution waterfall modelling and calculations to third-party specialists. The report, Distribution Waterfalls 2024: Transparency, Technology, Trust, surveyed 200 general partners (GPs) and 200 limited partners (LPs) across North America, Europe, and Asia-Pacific.

Legal 93
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Why BigBear.ai Stock Is Skyrocketing Again Today

The Motley Fool

BigBear.ai (NYSE: BBAI) stock is seeing another day of huge gains in Friday's trading. The company's share price was up 20% as of 12:15 p.m. ET and had been up as much as 26.9% earlier in the daily session. While there does not appear to be any direct, business-specific news that's pushing BigBear.ai stock higher today, the company's share price may is climbing in conjunction with the news that Palantir Technologies (NASDAQ: PLTR) has formed a new partnership with Booz Allen Hamilton to accelera

Returns 189
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Private credit’s wave of consolidation points to a toppy market

Financial Times M&A

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Why Lululemon Stock Shot Up Today

The Motley Fool

Shares of apparel company Lululemon Athletica (NASDAQ: LULU) shot up on Friday after the company provided a solid financial report for its third quarter of 2024 and raised its full-year guidance. As of 3 p.m. ET, Lululemon stock was up 16%. Lululemon's growth and profits were higher than estimates It's been a good earnings season for apparel stocks , generally speaking, but I don't wish to take anything from Lululemon.

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General Atlantic agrees $1bn deal to acquire UK-Based Learning Technologies Group

Private Equity Wire

US private equity giant General Atlantic has agreed to acquire Learning Technologies Group (LTG) for 802.4m ($1bn), reflecting growing corporate demand for training solutions as companies adapt to artificial intelligence, according to a report by Reuters. Under the agreement, LTG shareholders will receive 100 pence per share in cash, representing a 34% premium to the stock’s closing price on September 26, the day before General Atlantic’s interest was disclosed.

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Banks Are Closing Local Branches. Here’s What That Means for You

The Motley Fool

Image source: The Motley Fool/Upsplash Some of the largest banks in the country have been closing their consumer bank branches by the dozens. Over 1,000 branches were closed this year alone by the likes of U.S. Bank, Chase, Wells Fargo, and Bank of America. Closing branches mean customers now have to drive farther and farther to reach in-person banking services.

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HIG Capital closes $1bn Bayside Loan Opportunity Fund VII

Private Equity Wire

HIG Bayside Capital, the special situations credit affiliate of $55bn global alternative investment firm HIG Capital (HIG), has held the final closing of HIG Bayside Loan Opportunity Fund VII with $1bn of aggregate capital commitments. The new fund continues the firm’s strategy of investing in special situation credit opportunities in the European middle market.

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4 Ways to Build a Credit Score Without a Credit Card

The Motley Fool

Image source: The Motley Fool/Upsplash Using credit cards is one of the easiest ways to build a credit score, but it's not the only way. And depending on your needs and financial situation, credit cards might not be the right fit for you. Here are a few other options for building credit -- and information about one type of credit card you may want to consider. 1.

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Vodafone’s black forest addiction

Financial Times M&A

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4 Ways to Tell a Balance Transfer Card Is a Bad Idea

The Motley Fool

Image source: Getty Images If you have credit card debt you're struggling to pay off, chances are you're tired of seeing those interest charges month after month. A balance transfer card can help by letting you move your balances over and enjoy a period of 0% APR. If you can manage to get your debt paid off during this period, you'll be golden. But a balance transfer card isn't right for everyone and every financial situation.

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How Aviva won Direct Line in eight days

Financial Times M&A

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This Simple Move Saved Me $175 on Car Insurance in 2024

The Motley Fool

Image source: Getty Images Car insurance is an essential expense that drivers should prioritize. The rates drivers pay for insurance coverage vary depending on factors such as car make and model, age, driving history, location, and policy coverage details. But there are opportunities to save money on car insurance costs. One way drivers can trim this cost is by changing their billing method.

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Dealmaker Ian Hannam sues Barrick Gold over role in Randgold merger

Financial Times M&A

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3 Actions That Could Help You Boost Your Credit Score

The Motley Fool

Image source: Getty Images The dreaded credit score. Unfortunately, Americans need to pay attention to their credit scores if they want to be financially healthy. While you don't need to obsess over yours, knowing where it stands and taking actions that help you improve it can be a significant win for your wallet. The good news is that improving your credit is possible, and it's never too late to make positive changes.

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EQT and GIC acquire majority stake in UK’s Calisen for $5bn

Private Equity Wire

European private equity giant EQT and Singapores sovereign wealth fund GIC have agreed to acquire a majority stake in UK-based smart metering company Calisen in a deal valued at $5bn, according to a report by the Financial Times. The transaction involves purchasing shares from current owners BlackRock, Goldman Sachs, and Abu Dhabis Mubadala Investment Company, which took Calisen private in 2020 shortly after its initial public offering.

Stakes 80
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Why Dollar General Stock Popped 4.5% Friday Morning

The Motley Fool

Dollar General (NYSE: DG) stock traded sideways after the company reported third-quarter earnings on Thursday, but it's taking a nice leg upward Friday morning. The dollar store chain earned $0.89 per share in Q3, a nickel short of the $0.94 Wall Street forecast for it, but edged out sales forecasts with $10.2 billion in Q3 revenue. As of 10:20 a.m.

Banks 130
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Aristocrat Leisure shares fall as gaming unit CEO joins Apollo Global venture

Private Equity Wire

Shares of Aristocrat Leisure dropped nearly 3% on Friday after the company announced the resignation of Hector Fernandez, CEO of its gaming division, Aristocrat Gaming, to join alternative investment firm Apollo Global Management’s new gaming venture as CEO, according to a report by Reuters. Aristocrat’s stock fell as much as 2.9% to AUD67.72 during early trading, marking its steepest decline since 25 September, compared to a modest 0.3% dip in the broader ASX 200 index The report ci

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Here's Why Asana Stock Absolutely Skyrocketed Today

The Motley Fool

Shares of enterprise software company Asana (NYSE: ASAN) absolutely skyrocketed on Friday after it reported financial results for its fiscal third quarter of 2025 -- results that had the investing world feeling quite optimistic about its future. As of 9:50 a.m. ET, Asana stock was up about 40% and hitting 52-week highs. Could better growth be just around the corner?

Returns 130
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Investing shift has “broken traditional VC model”, Fly Ventures says as it closes €80m Fund III

AltAssets

Early-stage European investor Fly Ventures has struck an 80m final close for its third fund, well above the 53m it gathered for its 2020 predecessor vehicle. The post Investing shift has “broken traditional VC model”, Fly Ventures says as it closes 80m Fund III appeared first on AltAssets Private Equity News.

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2 Big Reasons a Roku Buyout Isn't Happening Anytime Soon

The Motley Fool

This has been a good week to own Roku (NASDAQ: ROKU) , but owning it may not be good for long. Shares of the top dog in smart TV operating systems have soared 19% through the first four trading days of the week. A pair of analyst moves have spurred the rally. The first pop came on Monday, after Michael Morris at Guggenheim proposed a purely hypothetical scenario in which The Trade Desk (NASDAQ: TTD) would acquire Roku after the programmatic advertising leader developed its own operating system f

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Long-time Hellman & Friedman investment colleagues seal over $600m for debut Valeas institutional fundraise

AltAssets

San Francisco private equity firm Valeas has closed its debut institional fund on more than $600m, doubling its assets under management. The post Long-time Hellman & Friedman investment colleagues seal over $600m for debut Valeas institutional fundraise appeared first on AltAssets Private Equity News.

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Here's Why Ulta Beauty Stock Popped Today

The Motley Fool

Shares of cosmetics retailer Ulta Beauty (NASDAQ: ULTA) popped on Friday after its financial results for the third quarter of 2024 came in above investors' expectations. Expectations were quite low and so now investors are rethinking things. And that's why Ulta Beauty stock was up about 9% as of 11:25 a.m. ET. Ulta Beauty outperformed low expectations When an investor as great as Warren Buffett sells your stock, it tends to kill any buzz the market might have otherwise had.

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Nua Surgical Raises €6.5M in Series A Financing

FinSMEs

Nua Surgical, a Galway, Ireland based medical device company innovating in maternal health, raised 6.5m in Series A financing. The round was led by EQT Life Sciences with participation from new investors Kidron Capital and the Texas Medical Center (TMC) Venture Fund and existing investors including Enterprise Ireland and business veterans from Ireland and the US.

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Why This Under-the-Radar Winning Stock Jumped Early Friday

The Motley Fool

Stock market followers often take interest in names that jump as much as 10% in a single session. It's even more intriguing to find that the stock has more than tripled year to date. That's the case with one lesser-known industrial stock today. Argan (NYSE: AGX) shares popped nearly 10% after it released fiscal 2025 third-quarter earnings for the period ended Oct. 31.

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Huron Acquires AXIA Consulting

FinSMEs

Huron (NASDAQ: HURN), a Chicago, IL-based professional services firm, acquired AXIA Consulting, a Columbus, OH-based provider of supply chain-focused consulting and technology solutions. The amount of the deal was not disclosed. It is expected that the significant majority of AXIAs revenue will be included in the Commercial Segment. The acquisition will enhance Hurons supply chain […] The post Huron Acquires AXIA Consulting appeared first on FinSMEs.

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This Billionaire Just Took a Huge Stake in an Undervalued Artificial Intelligence (AI) Stock

The Motley Fool

Finding undervalued artificial intelligence (AI) stocks isn't easy. There is a lot of fluff in this space, as investors are excited about how game-changing this technology can be. However, there is one stock that I'd consider undervalued in this arena: Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) , the parent company of Google. I'm not the only one who thinks that, either.

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