Sat.May 04, 2024

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Where Will SoFi Stock Be in 1 Year?

The Motley Fool

There aren't too many deals on the market today. Tech stocks with massive potential trade at high multiples, and investors have to wonder whether those stocks are worth their current asking prices. At the same time, there are plenty of value stocks trading at low prices but offering lower growth potential. Smart investors seek out those rare opportunities where high-growth stocks are trading at dirt-cheap valuations.

Banks 246
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Asda’s owners piled on £1.5bn of liabilities to fund petrol station deal

Financial Times M&A

Issa brothers and private equity firm TDR used property sale and leasebacks as well as borrowing against ground rents

Insiders

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Should You Take Social Security at Age 62, 67, or 70? A Comprehensive Study Offers a Transparent Answer

The Motley Fool

In March, the average retired worker brought home $1,913.31 from Social Security. While this might not sound like much, the guaranteed payments provided by America's top retirement program have ensured the financial well-being of our nation's retirees for more than 80 years. A recently updated analysis from the Center on Budget and Policy Priorities estimates the poverty rate for seniors aged 65 and above would be nearly 39% if Social Security didn't exist.

Education 246
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10 Weekend Reads

The Big Picture

The weekend is here! Pour yourself a mug of coffee, grab a seat outside, and get ready for our longer-form weekend reads: • The Most Important Skill of the Future is Being ‘Indistractable’ How the difference between traction and distraction could transform your productivity. ( Nir and Far ) • this is a teenager : In 1998, a researcher named Vincent Felitti published a paper that drastically changeed the way we think about these kids and childhood.

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Social Security COLA Prediction 2025: 3 Things to Know Right Now

The Motley Fool

Social Security benefits can go a long way in retirement, and most beneficiaries look forward to getting a raise each year via the cost-of-living adjustment (COLA). Each October, the Social Security Administration (SSA) announces the COLA for the upcoming year. The COLA for 2024 was 3.2%, meaning beneficiaries received a 3.2% boost in benefits starting in January.

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How Goldman grew up: 25 years since Wall Street’s elite firm went public

Financial Times - Banking

Lloyd Blankfein, Hank Paulson, David Solomon and others on what has changed since its seminal listing in 1999

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KKR to invest in Encavis AG to accelerate the Company’s long-term growth

KKR

KKR announces the signing of an Investment Agreement with Encavis as part of a takeover offer. The Management Board and the Supervisory Board of Encavis are fully supportive of the strategic partnership and intend to recommend that all shareholders accept the offer.

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Where Will Nvidia Stock Be in 5 Years?

The Motley Fool

Nvidia (NASDAQ: NVDA) stock has crushed the broader market handsomely over the past five years with eye-popping gains of more than 1,800% -- which is significantly higher than the S&P 500 index's gains of 71% -- and a big reason behind the chip giant's terrific surge is its dominant position in the artificial intelligence (AI) chip market. However, can Nvidia sustain its AI-driven growth for the next five years and deliver more gains to investors?

Returns 246
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KKR to support Ottobock with capital solution

KKR

London and Frankfurt, 15 March, 2024 – KKR, a leading global investment firm, announces today that a consortium of investors, co-led by KKR, has agreed to provide a €1.1 billion financing solution to support the future growth of Ottobock (the “Company”), a global market leader in prosthetics. The financing will also support existing majority shareholder Professor Hans Georg Näder and the Näder Family’s buy back of EQT’s shareholding in the business.

Capital 40
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1 Magnificent S&P 500 Dividend Stock Down 35% to Buy and Hold Forever

The Motley Fool

Although most Americans may regularly set foot in one of its buildings, they likely know little of Realty Income (NYSE: O) or its investment case. The real estate investment trust (REIT) owns about 15,500 single-tenant properties on net leases, meaning the tenant covers the maintenance, tax, and insurance costs. Moreover, the S&P 500 stock bills itself as the "monthly dividend company" since shareholders receive 12 payouts per year.

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KKR Invests in Avantus to Support Renewable Energy Deployment in the United States

KKR

Transaction Marks First U.S. Investment from KKR’s Global Climate Strategy NEW YORK--(BUSINESS WIRE)-- Today, KKR, a leading global investment firm, announced the signing of a definitive agreement pursuant to which investment funds and accounts managed by KKR agreed to acquire a majority stake in Avantus, a premier U.S. developer of large utility-scale solar and solar-plus-storage projects.

Stakes 40
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Warren Buffett Discusses Apple, Cash, Insurance, Artificial Intelligence (AI), and More at Berkshire Hathaway's Annual Meeting

The Motley Fool

Tens of thousands of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) investors flocked to Omaha this past week for the annual tradition of listening to Warren Buffett muse over the conglomerate's business, financial markets, and over 93 years of wisdom on life. But this year's meeting felt different. Longtime vice chairman Charlie Munger passed away in late November.

Taxes 246
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KKR Announces Intra-Quarter Monetization Activity Update for the First Quarter

KKR

NEW YORK--(BUSINESS WIRE)-- KKR today announced a monetization activity update for the period from January 1, 2024 to March 21, 2024. Based on information available to us as of today, with respect to the period through March 21, 2024, KKR has earned total realized performance income, including realized incentive fees, and total realized investment income in excess of $350 million.

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1 Wall Street Analyst Thinks Super Micro Computer Stock Is Going to $1,000. Is It a Buy?

The Motley Fool

Super Micro Computer (NASDAQ: SMCI) , commonly called Supermicro, has been one of the biggest beneficiaries of the artificial intelligence (AI) revolution. Heading into the company's earnings report, the stock had gained more than 700% over the preceding year, so expectations were high. Despite stellar results, investors wanted more, and the stock slumped 14% in a single day.

Returns 246
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KKR & Co. Inc. Announces 2024 Investor Day

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) will hold an investor day for the investment community on Wednesday, April 10, 2024 with remarks from 8:00 am to 1:00 pm EDT. The day will feature presentations by KKR’s business leaders. A live webcast as well as related presentation materials will be available to all interested parties through the Investor Center section of KKR’s website.

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Elon Musk Just Met With Chinese Regulators. Here's Why That's Important.

The Motley Fool

Tesla (NASDAQ: TSLA) CEO Elon Musk has perfected the art of making headlines. Just a few weeks ago, Musk took to social media to tease a big update for this summer regarding the company's autonomous driving technology. Well, investors didn't have to wait too long for Musk to drop more breadcrumbs. More recently, Musk posted on social media that he'd met with a series of regulators in China.

Investors 246
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Weave Living and KKR Establish Urban Living Strategic Partnership in South Korea

KKR

The venture will target to build an initial portfolio of c.1,200 units primarily in Seoul SEOUL, South Korea--(BUSINESS WIRE)-- WEAVE LIVING (“Weave”), Asia Pacific’s preeminent living sector specialist, and KKR, a leading global investment firm, today announced the establishment of a strategic partnership to invest in rental housing assets in South Korea, with a focus on Seoul.

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Is Advanced Micro Devices Stock Going to $230? 1 Wall Street Analyst Thinks So

The Motley Fool

Shares of Advanced Micro Devices (NASDAQ: AMD) have sold off following the company's first-quarter earnings announcement on April 30. The company's revenue was consistent with expectations, but investors were looking for a stronger outlook for the data center business. KeyBanc analyst John Vinh lowered his price target on the shares from $270 to $230.

Capital 246
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SunFire Announces Investment from KKR

KKR

NEW YORK--(BUSINESS WIRE)-- SunFireMatrix, Inc. (“SunFire” or the “Company”), a leading software and tech-enabled services platform serving the insurance distribution and health plan markets, announced today that it has been acquired by funds managed by KKR, a leading global investment firm. Funds managed by Stone Point Capital LLC, the Company’s previous majority owner, will continue to be a.

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Ready to Invest in Artificial Intelligence in 2024? 2 Stocks to Buy and Hold for Decades (Hint: They're Not Nvidia)

The Motley Fool

Artificial intelligence (AI) is probably the most talked-about investment area right now -- and for good reason. The AI market is expected to expand at a double-digit compound annual growth rate over the next few years to reach more than $1 trillion by 2030. That means many companies -- and those who invest in them -- may benefit. On top of this, AI is generating excitement because it offers concrete examples of how it could save companies time and money.

Investing 246
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Guesty Raises $130M to Accelerate Global Expansion

KKR

New York, NY, April 10, 2024 - Guesty, the leading property management software platform for the short-term rental (“STR”) and hospitality industry, today announced a $130M Series F funding round led by leading global investment firm KKR.

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Top 3 Smart Ideas to End the Gender Pay Gap

The Motley Fool

Image source: Getty Images The gender pay gap is a longstanding, frustrating, and unfair part of everyday life in the American economy -- but is there anything that can be done to fix it? As of 2022, according to Pew Research, women in the U.S. earned about $0.82 for every dollar earned by men. Men are often more likely than women to get higher paying corporate jobs; only about 10% of Fortune 500 CEOs are women.

Banks 246
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KKR & Co. Inc. to Announce First 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 first quarter 2024 on Wednesday, May 1, 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 Wednesday, May 1, 2024 at 10:00 a.m. ET. The conference call may be accessed by dialing (877).

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Meet the Newest Artificial Intelligence (AI) Stock in the S&P 500. It Soared 1,700% in 2 Years, and Wall Street Says the Stock Is Still a Buy

The Motley Fool

The S&P 500 (SNPINDEX: ^GSPC) is the most popular benchmark for the U.S. stock market. The index includes 500 large-cap companies, currently defined as companies worth at least $18 billion, and it covers about 80% of domestic equities by market capitalization. To be considered for inclusion, a company must also be profitable, and its stock must be sufficiently liquid.

Banks 246
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KKR and Impilo Announce Strategic Partnership Together With Management in Rare Disease Platform Immedica Pharma

KKR

STOCKHOLM & LONDON--(BUSINESS WIRE)-- Investment funds managed by KKR, a leading global investment firm, have agreed to acquire Immedica Pharma, a pharmaceutical company headquartered in Stockholm, Sweden, focused on the commercialization of medicines for rare diseases and specialty care products. Existing owner, Nordic healthcare investment firm Impilo, will reinvest to become an equal owner.

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Top 4 Reasons Why Marriage Can Be Good for Your Money

The Motley Fool

Image source: Getty Images Despite high divorce rates and dozens of bad sitcoms about bickering married couples, there is strong evidence that marriage can be good for your money. Married couples tend to have more money than unmarried people, even non-married couples who live together. But is marriage the reason people have more money? A big debate in America in recent years has focused on the question of whether marriage makes people richer, or if richer people are more likely to get (and stay)

Taxes 246
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Acceptance period for KKR’s voluntary public takeover offer for ENCAVIS AG commences

KKR

24 April 2024 – Elbe BidCo AG (the “Bidder”), a holding company controlled by investment funds, vehicles and accounts advised and managed by Kohlberg Kravis Roberts & Co. L.P. and its affiliates (collectively, “KKR”), today published the offer document for its voluntary public takeover offer (the “Takeover Offer”) for the shares (ISIN: DE0006095003) of ENCAVIS AG (“Encavis”) following the approval by the German Federal Financial Supervisory Authority (“BaFin”).

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Great News for Nio Stock Investors

The Motley Fool

Fool.com contributor Parkev Tatevosian discusses what the latest news could mean for Nio (NYSE: NIO) stock investors. *Stock prices used were the afternoon prices of May 1, 2024. The video was published on May 3, 2024. Should you invest $1,000 in Nio right now? Before you buy stock in Nio, 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 Nio wasn’t one of them.

Investors 246
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KKR to Acquire $1.64 Billion Student Housing Portfolio from BREIT

KKR

NEW YORK--(BUSINESS WIRE)-- KKR and Blackstone Real Estate Income Trust, Inc. (“BREIT”) today announced a definitive agreement for funds managed by KKR to acquire a portfolio of 19 purpose-built student housing properties from BREIT for approximately $1.64 billion. The over 10,000-bed portfolio is comprised of 19 purpose-built, premium student housing assets anchored to 14 leading four-year.

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Social Security Has a Big Financial Problem. Here's What Lawmakers Might Do About It

The Motley Fool

If you're someone who's worried that Social Security won't be around to pay you benefits during retirement, you're not alone. Many people fear that the program's financial woes will affect their future finances for the worse. So let's start with the good news, which is that Social Security is not in danger of going away completely. The program gets the bulk of its funding from payroll tax revenue.

Taxes 246
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European Value-for-Money Optical Platform nexeye to be Acquired by KKR from 3i, Accelerating its Strategic Growth Ambitions

KKR

Gorinchem (NL) / London (UK), 25 April 2024 – nexeye (the “Company” or “Group”) today announced that a definitive agreement has been signed whereby investment funds and accounts managed by KKR agreed to acquire the Company from investment firm 3i Group plc.

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Here's the 1 Stock Warren Buffett Thinks Should Outperform the S&P 500 Without as Much Downside

The Motley Fool

Warren Buffett has an incredible track record of outperforming the S&P 500. At the start of every Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) annual report, he shares the annual returns of Berkshire Hathaway compared to the S&P 500 (with dividends included) for every year dating back to 1965, the year he took control of the business. The results are nothing short of remarkable.

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MEDIAWAN ANNOUNCES COMBINATION WITH LEONINE, ONE OF THE LARGEST INDEPENDENT STUDIOS IN THE GERMAN-SPEAKING MARKET

KKR

Paris and Munich, April 28th, 2024 - Mediawan and Leonine Studios ("Leonine") today announced the signing of a definitive agreement for Leonine to combine forces with Mediawan in an all-stock transaction. The combination will foster even closer collaboration between the businesses and establish Mediawan as a premier studio with a global presence across 13 countries, 85 labels, a catalogue of ~30,000 hours of premium content and revenue exceeding €1 billion.

Stakes 40
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Annaly Capital Management's Total Return Won't Pay the Bills

The Motley Fool

The most attractive feature of real estate investment trust (REIT) Annaly Capital Management (NYSE: NLY) is its humongous 13.7% dividend yield. That's why most investors will want to buy it, given that the average yield on the S&P 500 Index is about 1.3% and the average REIT is yielding only about 4%, using Vanguard Real Estate ETF (NYSEMKT: VNQ) as a proxy.

Returns 246