Sun.Nov 03, 2024

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This Data Center Stock Could Go Parabolic Following Nvidia's Blackwell Launch

The Motley Fool

Believe it or not, Nvidia was once a company primarily focused on the gaming market. But over the last two years, the company has emerged as the world's preeminent AI operation. How did that happen? Well, one of Nvidia's core products is an advanced chipset known as a graphics processing unit ( GPU ). GPUs are a critical piece of infrastructure in developing generative AI, and they've become a business worth tens of billions of dollars for Nvidia.

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1999 vs. 2024

A Wealth of Common Sense

It’s been a good year in the stock market. Through the close on Friday, the U.S. stock market is up 20% in 2024. The Russell 3000 Index is a good approximation of the total U.S. stock market. The index now has a little less than 2,700 stocks. Out of 2,670 stocks, 101 are up 100% or more this year (3.8% of the total). Thirteen stocks are up 300% or more, five are up 500% or greater and there is one stock in the one c.

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The Stock Market Is Doing Something It Hasn't Done in Over a Half-Century, and It Could Signal a Big Move in 2025

The Motley Fool

The S&P 500 (SNPINDEX: ^GSPC) soared to new highs in recent weeks as the bull market has barreled into its third year. But not every stock has participated equally in the rally. Over the past few years, big tech stocks have had an outsize impact on the value of the S&P 500. Innovations and investments in artificial intelligence (AI) have been a major factor over the last two years, favoring the biggest companies with cash to spend.

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Learn, connect and evolve: The power of MDRT book clubs

Million Dollar Round Table (MDRT)

By Irene Stolte, ChFC, CLTC If you’d like to discover new ideas and build connections, MDRT book clubs offer both. You will meet other MDRT members as you discuss takeaways from favorite business books, including how what you read changed your view of your life, personally and professionally. Here is a list of my favorite books read by MDRT book clubs: “The Go-Giver: A Little Story About a Powerful Business Idea” by Bob Burg and John David Mann This business parable is about a go-getter named Jo

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3 New Required Minimum Distribution (RMD) Rules Everyone Must Know Before the End of 2024

The Motley Fool

One of the biggest benefits of saving in traditional retirement accounts like a 401(k) or IRA is the upfront tax break you receive. You won't owe any income taxes on contributions in the year you make them. That can give you extra cash now, enabling you to save more for retirement. But you can't defer those income taxes forever. Eventually, Uncle Sam wants his cut.

Taxes 246
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Shell fights to win approval for sale of Nigerian onshore business

Financial Times M&A

Energy major and prospective buyer in lobbying drive to overcome regulator’s objections to $1.

Prospects 106

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AgDevCo in Debt Deal with West African Fish Farmer

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post AgDevCo in Debt Deal with West African Fish Farmer first appeared on Africa Capital Digest.

Debt 52
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Does Billionaire Ken Griffin Know Something Wall Street Doesn't? The Citadel CEO Dumps $993 Million in Nvidia Stock

The Motley Fool

Nvidia (NASDAQ: NVDA) is the hottest stock on Wall Street. For the last few years, it hit the headlines as it dominated the artificial intelligence (AI) chip supply, controlling roughly 90% of the incredibly lucrative market. As its earnings shot through the roof, so too did its stock price. It's up more than 1,000% since late 2022. The semiconductor giant is a favorite not just of retail investors, but of funds across Wall Street.

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GuarantCo Hires Chalila to Lead Sub-Saharan African Portfolio

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post GuarantCo Hires Chalila to Lead Sub-Saharan African Portfolio first appeared on Africa Capital Digest.

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Build a $4,600 Monthly Passive Income Stream in Under a Year in 4 Steps

The Motley Fool

Image source: Getty Images Passive income comes in different flavors, from investments that generate regular payments to low-maintenance small businesses. What they have in common is that you can make money without actively working. The idea is that once you've done the groundwork, it will take minimal effort to maintain. The challenge is that you have to invest money, time, or both to get your income streams up and running.

Banks 246
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Axel Springer Announces New Corporate Structure to Unlock Future Growth Potential

KKR

Berlin, September 19, 2024 – Axel Springer SE (“Axel Springer”) today announced a strategic decision to create a new corporate structure for the company, with a goal to create a focused media company and separately held classifieds businesses. The new corporate structure is designed to position all businesses for optimal future growth potential and success in their respective markets.

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You'll Never Believe What Taiwan Semiconductor's CEO Just Said About Artificial Intelligence (AI) Chip Demand

The Motley Fool

Taiwan Semiconductor Manufacturing (NYSE: TSM) is the world's largest chip foundry company. Without it, much of the technology we see today wouldn't exist in the same capacity, and it could be argued that it is one of the world's most important companies. Recently, the company reported outstanding quarterly earnings, and the CEO said something unbelievable in the quarterly conference call.

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KKR Closes $4.6 Billion Ascendant Fund

KKR

The Fund is the first of its kind at KKR, targeting the large and fragmented North American middle market KKR to support implementation of broad-based employee ownership and engagement programs in all control investments in the Fund NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced the final closing of KKR Ascendant Fund SCSP (“Ascendant” or the “Fund”), a $4.6.

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2 Sensational Growth Stocks to Buy at a Discount

The Motley Fool

The ongoing bull market has affected different businesses to varying degrees. While some stocks have been propelled upward by positive investor sentiment, others have experienced a more tepid response. Ultimately, investors should evaluate the business behind the stock price to determine whether or not it merits an investment. Stock price only tells you so much, and sometimes, a great company can present itself at a discount or valuation that begs a second look.

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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 Stocks That Could Double Within 3 Years

The Motley Fool

Wall Street doesn't always get it right. Companies with excellent growth prospects can be significantly undervalued, leading to stellar returns for patient investors. What follows are two stocks that could double your money in just a few years. 1. Opendoor Technologies Opendoor Technologies (NASDAQ: OPEN) is disrupting the homebuying process. Its digital platform removes the friction and hassle of buying a home, and while it has experienced growth in recent years, the stock has fallen over a wea

Prospects 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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AMD Stock Slides. Are There Cracks in the AI Infrastructure Story?

The Motley Fool

When it comes to chips for artificial intelligence (AI) , Advanced Micro Devices (NASDAQ: AMD) continues to play second fiddle to leader Nvidia. However, it still benefits from the overall AI infrastructure build-out, as customers look to at least keep Nvidia (NASDAQ: NVDA) honest by getting some of their chips elsewhere. While AMD put up strong AI-related growth, investors nonetheless sold off the stock.

Debt 246
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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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Should You Buy Rivian If Shares Fall Below $10?

The Motley Fool

Rivian (NASDAQ: RIVN) stock has significant upside potential. But you wouldn't know that by looking at its recent trajectory. In 2024 alone, Rivian shares have lost roughly half their value and are dangerously close to falling below $10 per share. If you're willing to take on extra risk for the chance to make 1,000% or more in profits, this looks like your chance.

Capital 246
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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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Got $1,000? This 7%-Yielding Dividend Stock Could Turn It Into a Lucrative Monthly Passive Income Stream.

The Motley Fool

There are lots of ways to make passive income. An easy way for beginners is to invest in high-quality dividend-paying stocks. EPR Properties (NYSE: EPR) stands out among dividend stocks as a great option for those desiring passive income. The real estate investment trust ( REIT ) pays a monthly dividend , as opposed to the standard quarterly payout, and offers a very attractive dividend yield of more than 7%.

Education 245
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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.

Debt 40
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Sorry, Stock Market Bears: Alphabet Just Showed Why This Top Index Fund Is Still a Buy

The Motley Fool

Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) officially kicked off big tech earnings on Tuesday, and the Google parent had a banner report to share. Alphabet smashed estimates in the third quarter as overall revenue rose 15% to $88.3 billion, ahead of expectations at $86.3 billion and accelerating from the second quarter. Growth was solid virtually across the board as Google advertising revenue, which is primarily made up of search, was up 10.4%, while its cloud business revenue rose 35% to $11.3 bil

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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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Looking for Reliability? This 6.5%-Yielding Dividend Stock Has Been a Model for Dependability Over the Decades.

The Motley Fool

There is no sure thing in investing. However, Enbridge (NYSE: ENB) has been a very safe bet over the decades. The Canadian pipeline and utility company has paid dividends for more than 69 years, including increasing its payout for the last 29 straight years. Meanwhile, the company is on track to achieve its financial guidance for the 19th year in a row.

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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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1 Magnificent S&P 500 Dividend Stock Down 53% to Buy and Hold Forever

The Motley Fool

Are you looking for a true "set it and forget it" kind of dividend stock? They're out there. Although not exactly common, there are names you can buy and hold forever without the need for constant monitoring. One of the best bets among these names right now is British American Tobacco (NYSE: BTI) , while its forward-looking dividend yield stands at an impressive 8.8%.

Prospects 243
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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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Should You Forget Bitcoin and Buy XRP Instead?

The Motley Fool

Bitcoin 's (CRYPTO: BTC) price has doubled during the past 12 months. Several catalysts drove the world's top cryptocurrency higher: The approvals of the first Bitcoin spot price exchange-traded funds (ETFs) in January, its halving in April which cut its mining rewards in half, the Federal Reserve's long-awaited interest rate cut in September, and its growing adoption as a recognized currency in countries like El Salvador and the Central African Republic.

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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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2 Fantastic Dividend Stocks to Buy Right Now for Income and Growth

The Motley Fool

Dividend stocks can be fantastic investments. The best ones supply a growing stream of passive income and steady stock price appreciation as they increase their earnings. Those two drivers often enable dividend stocks to deliver above-average total returns. There are many great dividend stocks. Mid-America Apartment Communities (NYSE: MAA) and Invitation Homes (NYSE: INVH) stand out as excellent ones to buy right now for those seeking income and growth.

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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.

Stakes 40
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$4,000 Invested in Nvidia a Decade Ago Would Have Made You a Millionaire Today

The Motley Fool

Nvidia (NASDAQ: NVDA) is on one of the greatest runs investors have seen over the past few years. However, its dominance has been going on for much longer than that. Nvidia and its market-leading GPUs (graphics processing units) have given investors nearly unparalleled performance over the past decade. You're likely a millionaire if you invested a fairly reasonable amount of money in its stock a decade ago and never sold.

Investing 241