Sat.Nov 09, 2024

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NextEra Energy CEO Says NuScale Energy's Business Model Isn't Worthwhile

The Motley Fool

NuScale Power (NYSE: SMR) is an upstart looking to be at the forefront of what could be a massive overhaul of the nuclear power industry. That's the hope, anyway. However, at least one notable utility industry veteran doesn't think NuScale Power's approach to nuclear energy will work out as well as investors seem to hope right now, given the stock's rapid ascent of late (the stock is up 400% in a year!).

Capital 246
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Conflixis Raises $4.2M in Seed Funding

FinSMEs

Conflixis, Inc., a Dallas, TX-based data and risk intelligence company, raised $4.2m in seed funding. The round was co-led by Lerer Hippeau and Origin Ventures, with participation from mark vc, Springtime Ventures, and continued support from early investor Crētiv Capital. The company intends to use the funds to accelerate the platform’s growth by expanding its […] The post Conflixis Raises $4.2M in Seed Funding appeared first on FinSMEs.

Funds 59
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The Secret to How ExxonMobil Has Transformed Into a Much More Profitable Energy Company

The Motley Fool

ExxonMobil (NYSE: XOM) has come a long way over the last five years. The oil behemoth has transformed into a much more profitable company. It delivered industry-leading profitability during the third quarter, enabling it to provide its shareholders with industry-leading cash returns. On its third-quarter conference call, CEO Darren Woods shared the secrets to the company's success and explained how it has become the most profitable company in the oil patch.

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Parker Raises $20M in Series B Funding

FinSMEs

Parker, a NYC-based provider of an e-commerce financial platform, raised $20M in Series B funding. The round was led by Valar Ventures with participation from Y Combinator. The company intends to use the new capital to consolidate its market presence. Founded by Yacine Sibous and Milan Ray, Parker is a financial platform for eCommerce businesses. […] The post Parker Raises $20M in Series B Funding appeared first on FinSMEs.

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Here's the Average Social Security Benefit at Ages 62, 65, and 70

The Motley Fool

For an overwhelming majority of retirees, Social Security provides more than just a check. America's top retirement program represents the financial foundation that helps those who can no longer provide for themselves to make ends meet. Over the last 23 years, Gallup has conducted annual surveys to gauge the reliance of retirees on the Social Security income they receive.

Taxes 246
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UnifyApps Raises $20M in Series A Funding

FinSMEs

UnifyApps, a NYC-baseed Unified Enterprise AI Agent platform, closed a $20m Series A funding round. The round was led by ICONIQ Growth, with participation from existing investors including Elevation Capital. ICONIQ Growth General Partner Matt Jacobson has joined UnifyApps’ board of directors as part of the new funding. The company, which has raised $31m in […] The post UnifyApps Raises $20M in Series A Funding appeared first on FinSMEs.

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CVC seeks €700mn for its Italian pharma outsourcer Genetic

Financial Times M&A

Private equity group hires advisers from Rothschild to help it sell majority stake

Stakes 63
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Super Micro Computer Stock Has Dropped 60% on Troubling News. Here's What You Need to Know After the Company's Latest Update.

The Motley Fool

Super Micro Computer (NASDAQ: SMCI) started the year off as a star of the artificial intelligence (AI) market. The equipment maker has been around for more than 30 years, selling servers and rack scale solutions, but it truly saw earnings take off with the AI boom. In recent quarters, Supermicro has reported triple-digit increases in revenue and soaring demand for its products.

Companies 246
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KKR Announces Intra-Quarter Monetization Activity Update for the Third Quarter

KKR

NEW YORK--(BUSINESS WIRE)-- KKR today announced income from monetization activity in excess of $535 million with respect to the period from July 1, 2024 through September 23, 2024 based on information available as of today. In its Asset Management segment, KKR has earned total realized performance income and realized investment income in excess of $450 million.

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2 Big 401(k) Changes Coming in 2025

The Motley Fool

On Nov. 1, the IRS rolled out some updates to retirement plans, including 401(k)s, that kick in next year. If you have access to a 401(k), now's the time to roll up your sleeves and dive into the details to help you plan ahead. Here's a look at two key 401(k) changes to keep on your radar as you plan for 2025. If you're close to retirement, one of these changes could be especially beneficial, depending on your financial situation.

Financing 246
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KKR Releases “An Alternative Perspective: Past, Present, and Future”

KKR

New Report Highlights the Private Alternatives Sector’s Expansion Beyond Private Equity and Potential for Future Growth NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today released “An Alternative Perspective: Past, Present, and Future,” a new Insights piece by Henry McVey, CIO of KKR’s Balance Sheet and Head of Global Macro and Asset Allocation (GMAA).

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Palantir Stock vs. Microsoft Stock: Wall Street Says Only 1 Will Head Higher From Here

The Motley Fool

Enterprises are spending heavily on artificial intelligence (AI)-powered software to drive automation and efficiency, and use data to make smarter and faster decisions. And that trend may be just getting started. The enterprise AI market could grow at an annual rate of 37.6% between 2025 and 2030, according to analysis from Grand View Research. Two companies poised to see years of growth ahead in the enterprise-software space are Palantir Technologies (NYSE: PLTR) and Microsoft (NASDAQ: MSFT).

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Consortium of KKR and the Skip Essential Infrastructure Fund to acquire Majority Stake in Queensland Airports

KKR

SYDNEY--(BUSINESS WIRE)-- KKR, a leading global investment firm, and the Skip Essential Infrastructure Fund, today announced the signing of definitive agreements under which a consortium of KKR (on behalf of funds managed by it) and the Skip Essential Infrastructure Fund (the ‘Consortium’) will acquire a 74.25% stake in Queensland Airports Limited (‘Queensland Airports’) from The.

Stakes 40
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Are You One of the 67 Million Americans Eligible for Medicare? Why You Should Review Your Benefits Before It's Too Late.

The Motley Fool

When you sign up for Medicare, you get to customize your coverage to a degree by choosing your own Part D drug plan. You might also decide to sign up for a Medicare Advantage plan to take the place of original Medicare. And if so, that Advantage plan will generally offer coverage for prescriptions as well. You may be inclined to think of your specific Medicare plan as something to set and forget.

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KKR to Sell GeoStabilization International to Leonard Green & Partners

KKR

All 900+ GSI Employee Owners to Earn Cash Payouts, with Longest Tenured Hourly Employees Each Receiving Over $325,000 in Proceeds DENVER & NEW YORK--(BUSINESS WIRE)-- KKR today announced an agreement to sell GeoStabilization International (“GSI” or the “Company”) to Leonard Green & Partners, L.P. (“LGP”). GSI is a leading provider of geohazard mitigation solutions and roadway safety services.

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As Celsius Sales Plunge, Will the Stock Be Able to Mount a Comeback?

The Motley Fool

After hitting a share price of nearly $100 earlier this year, Celsius (NASDAQ: CELH) is trading at just $30 as of this writing. On Nov. 6, the energy drink company reported a big drop in sales in Q3. Despite the recent sell-off, Celsius stock has been a huge winner in the past five years. The question on many investors' minds now is whether the stock can regain its lost momentum.

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Powin Secures $200 Million in Debt Capital From KKR to Bolster Growth and Innovation in Energy Storage

KKR

PORTLAND, Ore.--(BUSINESS WIRE)--Powin, a global leader in battery energy storage solutions, announced today that it has successfully secured a revolving credit facility of up to $200 million primarily from insurance accounts managed by KKR, a leading global investment firm.

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Warning: Warren Buffett Keeps Selling His Favorite Stock for a Surprising Reason

The Motley Fool

Warren Buffett is a big believer in long-term investing. In fact, many of his largest positions have been in his portfolio for decades. And while he and his lieutenants regularly adjust the publicly traded portfolio at Berkshire Hathaway , there's a lot less turnover than most professionally managed funds. So when Buffett and company start to heavily sell one of Berkshire's biggest investments of all time, every investor should pay attention.

Stakes 246
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Peregrine Closes on Debt Financing from KKR

KKR

BOULDER, Colo. and NEW YORK , Oct. 2, 2024 /PRNewswire/ -- Peregrine Energy Solutions LLC ("Peregrine"), an integrated multi-technology clean energy platform with a focus on utility-scale energy storage, and KKR, a leading global investment firm, today announced that Peregrine has closed on a credit facility from insurance accounts managed by KKR that can provide financing for up to $250 million in assets.

Debt 40
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Will Meta Platforms Enact a Stock Split in 2025?

The Motley Fool

Companies that enact stock splits are usually top performers. The reason is fairly simple: You only get a lofty stock price by performing well. Historically, companies choose to split their stock when they believe the price reached levels at which investors may be dissuaded from buying it due to a perceived high price. One company that has never split its stock but may consider doing so in 2025 is Meta Platforms (NASDAQ: META) , formerly known as Facebook.

Returns 245
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KKR Acquires Leading Near-Airport Parking Provider, The Parking Spot, from Green Courte Partners

KKR

NEW YORK & CHICAGO--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that KKR has acquired The Parking Spot (“TPS” or the “Company”), the nation’s leading owner and operator of near-airport parking properties, from an affiliate of Green Courte Partners, LLC, a private equity real estate investment firm. Financial terms of the transaction were not disclosed.

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One Big Reason You Should Buy Gas at Costco Instead of Sam's Club

The Motley Fool

Image source: Getty Images It's an argument that's as old as the hills: Assuming you can only pick one, should you shop at Costco or Sam's Club? On the one hand, Costco offers more services than Sam's Club, including car and home insurance. On the other hand, Sam's Club's basic membership is cheaper than Costco ($50 vs. $65) and it offers curbside pickup and a more robust mobile app.

Financing 245
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KKR & Co. Inc. to Announce Third Quarter 2024 Results

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) announced today that it plans to release its financial results for the third quarter 2024 on Thursday, October 24, 2024, before the opening of trading on the New York Stock Exchange. A conference call to discuss KKR’s financial results will be held on Thursday, October 24, 2024 at 10:00 a.m.

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Want $10 Million in Retirement? 1 Simple ETF to Buy and Hold for Decades.

The Motley Fool

Most of us would love to have $10 million stashed away when we retire. Yet most of us will never get there. In fact, most of us will get nowhere close. But that doesn't mean attaining a $10 million nest egg is out of the question. You'll have to remain incredibly disciplined, but if you follow the investing tricks below, you'll only need one exchange-traded fund (ETF) to get you to that magic mark.

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KKR Acquires Portfolio of Four Industrial Warehouses Serving the Central Florida Market

KKR

NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that KKR has acquired a portfolio of four Class A industrial warehouses serving the greater Central Florida market, including Orlando and Tampa. This press release features multimedia. View the full release here: [link] Business Wire) The four industrial.

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Intel Stock Hasn't Been This Cheap in 10 Years. Is It a Buy?

The Motley Fool

Intel (NASDAQ: INTC) stock delivered decent returns from 2010 through 2020, but over the last five years, its shares have been a lousy investment. The stock started to rebound in 2023 before plunging 54% in 2024. The share price is trading at the lowest level since 2013. Anytime a blue chip stock like Intel, a member of the Dow Jones Industrial Average , falls to multiyear lows, it can be easy to declare the stock "cheap" and buy it hoping for a big rebound.

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KKR Invests in Enilive to Accelerate Sustainable Mobility and the Energy Transition

KKR

LONDON & MILAN--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced the signing of an agreement under which KKR will acquire a 25% stake in Enilive, Eni’s mobility transformation company dedicated to biorefining, biomethane production, smart mobility solutions, and providing services to support people on the move. Closing of the transaction is subject to customary.

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1 High-Yield Dividend ETF to Buy to Generate Passive Income

The Motley Fool

Many sources of passive income require some level of activity, like managing a rental property or portfolio of stocks. Others are as passive as they come. You just sit back and watch the passive income flow into your account. Exchange-traded funds (ETFs) offer a much more hands-off approach to generating passive income. One great option is the JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ: JEPQ).

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KKR & Co. Inc. Reports Third Quarter 2024 Results

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) today reported its third quarter 2024 results, which have been posted to the Investor Center section of KKR’s website at [link] This press release features multimedia. View the full release here: [link] A conference call to discuss KKR’s financial results.

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Social Security Benefits Get a 2.5% COLA in 2025. Here's Exactly When to Expect Your Extra Money.

The Motley Fool

For much of the summer, there was a lot of speculation about 2025's Social Security cost-of-living adjustment (COLA). Seniors on Social Security were hoping for a large raise to follow the 3.2% COLA that arrived at the start of 2024. But unfortunately, next year's COLA won't be quite as substantial. Because of cooling inflation, Social Security benefits are only going to receive a 2.5% raise in 2025.

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CVC joins KKR in the acquisition of Superstruct Entertainment

KKR

London, October 28, 2024 – KKR and CVC, two leading global investment firms, today announce that CVC has invested alongside KKR to support Superstruct Entertainment (“Superstruct”) in its next phase of development as one of the world’s premier live entertainment groups.

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Cathie Wood Can't Stop Buying Archer Aviation Stock. Should You Invest While It's Still Below $5?

The Motley Fool

Cathie Wood of Ark Invest is best known for her high conviction in emerging themes, disrupting sectors such as technology or life sciences. While Wood has earned her share of media coverage, I'll admit that sometimes I find her investment takes to be somewhat far-fetched. Recently, I noticed that Ark Invest has added a significant chunk to its position in electric takeoff and landing company Archer Aviatio n (NYSE: ACHR).

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KKR and Energy Capital Partners Announce $50 Billion Strategic Partnership to Support AI Growth Through Investments in Data Centers and Power Generation

KKR

Strategic partnership with available capital and scale ready to meet the urgent need to fund data center, power, and grid infrastructure in the U.S. and globally Scaling of AI and cloud infrastructure in the U.S. expected to cost at least $1 trillion by 2030 NEW YORK & SUMMIT, N.J.--(BUSINESS WIRE)-- KKR, a leading global investment firm, and Energy Capital Partners (“ECP”), the largest.

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2 Undervalued Tech Stocks to Buy in November

The Motley Fool

The S&P 500 has soared 67% from the bottom of 2022's bear market. Those gains have pushed the valuations for many stocks to inflated levels, but there are still some good deals to be found, even in the tech sector. Buying growing companies that are benefiting from tailwinds in their respective markets can lead to substantial gains, especially if you buy them at a reasonable price.

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