Sat.Jul 06, 2024 - Fri.Jul 12, 2024

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Norwest raises over $1.4bn across two funds

Private Equity Wire

Norwest Capital Advisors (Norwest Capital) has held the final close of Norwest Equity Partners XI and Norwest Mezzanine Partners V with approximately $1.0bn and $400m of of total capital commitments, respectively. The funds, which will focus on investments in middle market buyout and mezzanine opportunities, attracted several large institutional investors as limited partners.

Buyout 98
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The Social Security Cost-of-Living Adjustment (COLA) Forecast for 2025 Was Just Updated. The Outlook for Retirees Remains Grim.

The Motley Fool

The Social Security program undergoes several important changes each year to keep benefits aligned with prices and wages, but the cost-of-living adjustment (COLA) is the most anticipated. COLAs are supposed to reimburse Social Security recipients for the buying power that benefits lost in the prior year. However, whether COLAs are truly serving that purpose is questionable.

Education 246
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CD&R, Permira Nearing $2.4bn Buyout Offer for Exclusive Networks

Private Equity Insights

An investor group backed by Clayton Dubilier & Rice and Permira has made a non-binding offer to take French cybersecurity company Exclusive Networks SA private at a value of about €2.2 billion ($2.4 billion). Investors would get €24 a share under the terms of the deal being discussed, Exclusive Networks said in a statement Tuesday, confirming an earlier Bloomberg News report.

Buyout 234
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The Stock Market Never Changes

A Wealth of Common Sense

Charley Ellis wrote a great book about the index fund revolution back in 2016. One of my favorite parts of the book is where Ellis looks at how Wall Street has changed in the past 50 years: MBAs were uncommon. PhDs were never seen. Commissions still averaged 40 cents a share. All trading was paper based. Messengers with huge black boxes on wheels, filled with stock and bond certificates, scurried from broker to broker tr.

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Why Hasn’t the California Globe Retracted Its Story?

The Big Picture

@TBPInvictus here If you’re tired of California-minimum-wage-and-its-impact-on-limited-service-restaurant-employment stories, I understand. Leave this page immediately. I’m tired of it, too, but some stories are so factually challenged that they demand a response. So, allow me to address a hot mess of a story that appeared recently in the California Globe.

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Why Intel Stock Popped on Friday

The Motley Fool

Intel (NASDAQ: INTC) stock gained 2.5% through 10 a.m. ET Friday on positive comments about the computer hardware titan's progress building a computer software business. As Reuters reports, Intel chief technology officer Greg Lavender painted a positive picture of Intel's software prospects, saying the company is on course for $1 billion in software sales through 2027.

Prospects 246

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Why Don’t We Build More Housing?

A Wealth of Common Sense

I’ve been writing about the housing market for years now. It fascinates me to no end because housing is one of the most important decisions from a personal and financial perspective. In recent years, much of my focus has been on how broken the residential housing market is. Higher prices and mortgage rates have driven housing affordability to levels we’ve never seen before in the United States.

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Why QuantumScape Stock Skyrocketed More Than 50% This Week

The Motley Fool

It's been a monster week for QuantumScape (NYSE: QS). The stock, which was down 22% this year until July 10, is now up 15% year to date as of this writing thanks to a massive development that sent it skyrocketing on Thursday. Shares of the electric vehicle (EV) battery start-up were trading 57% higher for the week through 11 a.m. ET Friday. QuantumScape's deal with Volkswagen is a huge milestone QuantumScape is building solid-state lithium-metal batteries for EVs and is yet to start commercial p

Returns 246
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Why Archer Aviation Stock Is Flying Higher Today

The Motley Fool

Archer Aviation (NYSE: ACHR) has a deal with Southwest Airlines (NYSE: LUV) to develop air taxi networks in California. It is a big sign of confidence in the "flying car" start-up and investors are excited about the development, sending Archer shares up 11% as of 11:30 a.m. ET. Take an air taxi to the airport! Archer is one of several companies working to develop electric vertical takeoff and landing (eVTOL) aircraft for commercial use. eVTOLs take off and land like helicopters, meaning they can

Returns 246
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1 Stock-Split ETF That Could Turn $500 Per Month Into $1 Million, With Nvidia's Help

The Motley Fool

The artificial intelligence (AI) industry is still very young, but investors have already observed its incredible potential to create value. Nvidia , for example, added $2.8 trillion to its market capitalization since the start of 2023 alone. However, AI is evolving quickly, and picking the winners and losers over the long term won't be easy. Buying an exchange-traded fund (ETF) can be a great solution to that challenge for most investors.

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Has Tesla's Highly Anticipated Robotaxi Event Been Delayed? It's Not Clear. But That's OK. No Matter When It Happens, Here Are 3 Things Smart Investors Should Know.

The Motley Fool

The markets have been roaring as of late. Both the Nasdaq Composite and S&P 500 indexes are trading near all-time highs as investor optimism continues to soar. One stock that has enjoyed some new life is Tesla (NASDAQ: TSLA). From Jan. 1 to June 30, Tesla stock posted a decline of 20%. However, from July 1 through July 10, shares of Tesla soared by 25%.

Investors 246
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Why SoundHound AI Stock Skyrocketed This Week

The Motley Fool

SoundHound AI (NASDAQ: SOUN) stock surged higher in this week's trading. The company's share price closed out this week up 48% from last Friday's market close, according to data from S&P Global Market Intelligence. Automaker Stellantis expanded its integration of SoundHound's voice-based artificial intelligence ( AI ) technologies in Europe this week.

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46% of Warren Buffett's $410 Billion Portfolio Is Invested in 4 Artificial Intelligence (AI) Stocks

The Motley Fool

When it comes to Wall Street investing greats, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) CEO Warren Buffett is on a pedestal of his own. Since taking the reins at Berkshire in 1965, he's overseen a cumulative return in his company's Class A shares (BRK.A) of 5,028,429%, as of the closing bell on July 10. On an annualized basis, the "Oracle of Omaha" has practically doubled up the total return, including dividends paid, of the benchmark S&P 500 since the mid-1960s.

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5 Small Business Ideas to Start This Summer

The Motley Fool

Image source: Getty Images Starting a business can be the first step toward becoming your own boss, paying off debt, or finding more cash to put in your investment account. But figuring out what type of business to start can be overwhelming. For starters, there are so many different options. Plus, a lot of business ideas sound good but also require a large investment in start-up costs.

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The Ultimate Cryptocurrency to Buy With $1,000 This Summer

The Motley Fool

After a strong start to 2024, the crypto market suddenly fell by nearly 20% last month. While it is still well within bull market territory, the recent correction can present a compelling opportunity for investors looking to bolster their exposure. However, not every crypto is cut from the same cloth. Just because there is a widespread correction doesn't mean just any cryptocurrency is worth your hard-earned money.

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Broadcom's 10-for-1 Stock Split Is Imminent: 10 Things You Need to Know

The Motley Fool

Although all eyes seem to be focused on anything and everything having to do with artificial intelligence (AI), one of Wall Street's hottest trends right now is companies enacting stock splits. A stock split is an event that allows a publicly traded company to change its outstanding share count and share price by the same magnitude. Since 2024 began, nearly a dozen high-profile, time-tested businesses have announced and/or completed a stock split.

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What AMD, Nvidia, and TSM Stock Investors Should Know About Recent Semiconductor Updates

The Motley Fool

In today's video, I discuss recent updates impacting Nvidia (NASDAQ: NVDA) and other semiconductor companies. Check out the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were the after-market prices of July 9, 2024. The video was published on July 9, 2024. Should you invest $1,000 in Nvidia right now?

Investors 246
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2 Artificial Intelligence (AI) Stocks to Buy Hand Over Fist Before They Soar by More Than 100%, According to Consensus Wall Street Estimates

The Motley Fool

Since the launch of OpenAI's famous chatbot ChatGPT, artificial intelligence (AI) seems to have taken the world by storm. AI technologies are being increasingly adopted across a host of industries including automotive, healthcare, finance, and retail to improve operational efficiencies, productivity, decision-making, and overall customer experience.

Capital 246
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A Once-in-a-Decade Opportunity: 2 Magnificent S&P 500 Dividend Stocks Down 47% and 59% to Buy in the Second Half of 2024

The Motley Fool

Since the turn of the century, Nike (NYSE: NKE) and Pool Corporation (NASDAQ: POOL) have delivered market-trouncing total returns of 1,560% and 7,790%, respectively. However, these traditionally robust businesses have seen their share prices decline 47% and 59% over the last few years. Facing an array of shorter-term macroeconomic issues, such as softer consumer spending, persistent inflation , and higher interest rates , these stocks have seen the market dismiss their longer-term potential.

Prospects 246
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Costco Just Did Something It Hasn't Done in 7 Years. Here's How It Could Boost the Stock.

The Motley Fool

It's been the top question from the analyst community for some time already. But on July 10, warehouse-style retail chain Costco Wholesale (NASDAQ: COST) finally made a highly anticipated announcement: Membership fees are going up, starting on Sept. 1. In May, Costco's new CFO Gary Millerchip pointed out that it's historically raised prices for its memberships every five years.

Returns 246
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Broadcom's Stock Split Happens Today. Here's What it Means for You.

The Motley Fool

At today's stock market close, Broadcom (NASDAQ: AVGO) will make a move to slash its high-flying share price. The technology giant will complete a 10-for-1 stock split, lowering the price of its stock from more than $1,700 to about $170. The stock will start trading at the new price as of the market open on Monday. Broadcom shares have soared nearly 100% in the past year as demand from artificial intelligence (AI) customers picked up -- in the recent quarter alone AI revenue surged 280% to $3.1

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SoundHound AI's Shares Jump 24.2% After Big Auto Integration

The Motley Fool

Shares of SoundHound AI (NASDAQ: SOUN) jumped as much as 24.2% in trading on Wednesday after the company announced a major integration with Stellantis brands. Models will be built with the SoundHound Chat AI voice assistant built in, and some capabilities will even be compatible with previously released models. Shares held most of their gains and are up 22.2% in trading as of 3 p.m.

Bidding 246
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The Retirement Saver's Credit Is Worth Up to $2,000 in 2024. Do You Qualify?

The Motley Fool

Planning for retirement can often take a backseat when you're juggling everyday expenses. However, if you can set aside some money in a retirement plan this year, the government will reward you with a tax credit if your income falls below a certain threshold. For 2024, you may be eligible for a Saver's Credit worth up to $2,000 when you contribute to a qualified retirement savings plan such as a 401(k) or Roth IRA.

Taxes 246
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How Nvidia Stock Soared 150% in the First Half of 2024 -- and Why the Next Leg Up Could Come in August

The Motley Fool

Nvidia (NASDAQ: NVDA) stock skyrocketed 150% in the first half of 2024. (Shares are up 165% through July 9.) That performance clinched the artificial intelligence (AI) chip leader the silver medal for best performers on the S&P 500 index. The gold medal went to Super Micro Computer , a server specialist that's also benefiting from surging adoption of AI.

Returns 246
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Where Will Intel Stock Be in 5 Years?

The Motley Fool

Shares of chip giant Intel (NASDAQ: INTC) have been stuck in the doldrums for the past few years. The company has been losing market share to rival AMD , and its multi-year plan to become one of the world's largest foundries is still in its early stages and has yet to pay off financially. Throw in a deep downturn in the PC market that wrecked the company's profit, and it's not surprising that Intel stock has taken a beating.

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Great News for SoundHound AI Stock Investors

The Motley Fool

Fool.com contributor Parkev Tatevosian discusses what the news could mean for SoundHound AI (NASDAQ: SOUN) stock investors. *Stock prices used were the afternoon prices of July 9, 2024. The video was published on July 11, 2024. Should you invest $1,000 in SoundHound AI right now? Before you buy stock in SoundHound AI, 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 SoundHound AI wasn’t one of them.

Investors 246
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Shiba Inu Beat Bitcoin in the First Half of 2024, but Can It Reach $1?

The Motley Fool

The combined market capitalization of all cryptocurrencies peaked at $2.9 trillion in 2021 before plummeting by 72% in 2022 to just $826 billion, on the back of several high-profile failures across the industry. Sentiment has since improved as regulators clamped down on bad actors, and also thanks to the approval of exchange-traded funds (ETFs) for Bitcoin (CRYPTO: BTC) , which added some legitimacy to the crypto industry.

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Forget Nvidia: These 2 Artificial Intelligence (AI) Stocks Are Expected to More Than Double Investor's Money, According to Select Wall Street Analysts

The Motley Fool

When the internet started to become mainstream three decades ago, the growth arc for businesses in America and around the globe completely changed. After decades of patiently waiting, Wall Street and investors have identified what they believe is the next breakthrough innovation that's going to alter the growth trajectory for corporate America: artificial intelligence (AI).

Investors 246
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Instead of Buying the Dip on Stock-Split Stocks Like Nvidia and Broadcom, Consider These 3 Semiconductor Stocks

The Motley Fool

Stock market juggernauts Nvidia and Broadcom have pulled back slightly from their all-time highs, but their market capitalizations are still up enormously this year on investor excitement over artificial intelligence (AI). Nvidia completed its latest stock split in June while Broadcom is scheduled to split its stock 10-for-1 on July 15. Those two are helping lead the tech sector to new heights, but they aren't alone.

Investors 246
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Prediction: These Will Be 2 of the Most Valuable Artificial Intelligence (AI) Stocks by 2034

The Motley Fool

Microsoft , Apple , and Nvidia are the world's three most-valuable companies, and they are the only ones in history to surpass $3 trillion in market capitalization. They will probably continue to grow long into the future, especially if artificial intelligence (AI) lives up to expectations. The global economy generated $105 trillion in output last year, but Wall Street thinks AI could significantly boost that figure: Goldman Sachs believes AI will create $7 trillion worth of economic activity wi

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How Much Berkshire Hathaway Stock Does the Gates Foundation Own?

The Motley Fool

Judging by the disclosed holdings in the Gates Foundation (formerly called the Bill and Melinda Gates Foundation Trust), one would think that billionaire Bill Gates is a big fan of Warren Buffett. According to its latest 13F filing , the foundation run by Gates owns a huge amount of Buffett's holding company, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B).

Stakes 246
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1 AI Stock to Focus On for the Rest of 2024. Spoiler Alert: It's Not Nvidia or Palantir.

The Motley Fool

This will be a big year for artificial intelligence (AI). Rapid improvements in technologies like machine learning algorithms, natural language processing, and AI chips make AI systems more capable, efficient, and versatile. Unsurprisingly, a growing number of new AI-driven applications and services -- such as ChatGPT -- are debuting in the market. Investors, understandably, are rushing to get on board the AI trend by investing in companies like Nvidia and Palantir.

Capital 246
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Here's the Top Reason to Buy Broadcom Stock Before Its 10-for-1 Stock Split on July 12

The Motley Fool

Many investors could be kicking themselves for not buying shares of Broadcom (NASDAQ: AVGO) before now. Since October 2022, the share price of the semiconductor and software company has nearly quadrupled. Broadcom stock is up over 50% so far this year. And a potential catalyst is imminent. Here's the top reason to buy Broadcom stock before its 10-for-1 stock split after the market close on July 12.

Banks 246
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Brookfield Renewable Just Made a Game-Changing Move. Here's What You Need to Know.

The Motley Fool

Brookfield Renewable (NYSE: BEPC) (NYSE: BEP) is no stranger to making acquisitions. The leading global renewable energy producer has made several over the past couple of years. Those deals have the company on track to generate meaningful earnings growth again in 2024. The company just made another game-changing move. It's buying French renewable energy developer Neoen in a $6.5 billion deal.