Sat.Aug 03, 2024 - Fri.Aug 09, 2024

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Private credit firms mull $1bn AirTrunk buyout loan

Private Equity Wire

Private credit funds are currently in discussions to provide at least AUD1.5bn ($978m) in junior debt to support a potential buyout of Australian data centre operator AirTrunk, according to a report by Bloomberg citing unnamed sources sources familiar with the negotiations. These loans from direct lenders would complement an existing AUD7bn financing offer from banks, the sources said.

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Warren Buffett's Latest $345 Million Buy Brings His Total Investment in This Stock to Almost $78 Billion in 6 Years

The Motley Fool

For nearly six decades, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) CEO Warren Buffett has been dazzling Wall Street with his investing prowess. Since taking over the role as Berkshire's chief in the mid-1960s, the aptly named "Oracle of Omaha" has overseen a cumulative return in his company's Class A shares (BRK.A) of greater than 5,180,000%, and has practically doubled up the average annual total return, including dividends, of the benchmark S&P 500.

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Smaller deals are back on the rise, but driven by caution

Private Equity Info

Private equity firms are investing in smaller deals and exercising caution with larger deals, according to new data from Private Equity Info ’s M&A research database.

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This is Normal

A Wealth of Common Sense

Boy that escalated quickly. Markets sold off in a hurry this week. The S&P 500 is down almost 6% from the recent highs. The Nasdaq 100 is in an 11% drawdown. After an extremely calm year, the past week or so has finally seen some volatility in the stock market. Here’s the thing — it’s what happened before this that was not normal: This really cool chart came out a couple of weeks ago (via Sherwood).

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stabble Raises $2.5M in Funding

FinSMEs

stabble, a Dubai, UAE-based provider of a Solana-based protocol established to minimize financial loss by reducing operational costs, raised $2.5M in a combined pre-seed, seed, and private funding round. The round was led by Masterblox with participation from Dynamic Labs, Founder Heads, Spicy Capital, DuckDAO, Marshland Capital, and ZEMU VC. The company intends to use the funds for product development, marketing, security […] The post stabble Raises $2.5M in Funding appeared first on FinS

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No Surprise: This Ultra-High-Yielding Dividend Stock Cuts Its Payout Again

The Motley Fool

Medical Properties Trust (NYSE: MPW) has offered a double-digit dividend yield for over a year. That big yield was a sign that the market didn't believe the real estate investment trust (REIT) would be able to maintain its dividend level, even after cutting it by nearly 50% last August. The market's skepticism proved to be correct. The healthcare REIT is indeed reducing its dividend again.

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Warren Buffett Just Cut Half of Berkshire Hathaway's Stake in Apple. Why?

The Motley Fool

Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) CEO Warren Buffett once referred in 2020 to Apple (NASDAQ: AAPL) as Berkshire's third business, following its insurance arm and the BNSF railroad. However, that may not be the case for much longer. The Buffett-led conglomerate unwound a large chunk of its stake in the iPhone maker in the second quarter, the company revealed in its recent earnings report.

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Why Ford Could Revive 2 High-Volume Vehicles, and Soon

The Motley Fool

The automotive industry is evolving rapidly, and it's forcing companies like Ford Motor Company (NYSE: F) to adapt on the fly. Just six years ago former Ford CEO, Jim Hackett, made an announcement that Ford would cease all passenger car production in North America other than the prized Mustang. Six years ago it made sense for the folks at the Blue Oval to focus almost entirely on SUVs and trucks, which brought in majority of profits, and leave the low-margin passenger car business to competitors

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Prediction: This Weight Loss Stock Will Be Acquired Within the Next Year

The Motley Fool

One of the biggest movements in the pharmaceutical industry right now is developing medications for weight loss. Glucagon-like peptide-1 (GLP-1) agonists such as Ozempic, Wegovy, Rybelsus, Saxenda, Mounjaro, and Zepbound are transforming how diabetes and obesity are treated. What's amazing is that all of the medications listed above are manufactured by just two companies: Novo Nordisk (NYSE: NVO) and Eli Lilly (NYSE: LLY).

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1 Magnificent S&P 500 Dividend Stock Down 28% to Buy and Hold Forever

The Motley Fool

The Hershey Company (NYSE: HSY) makes many of the candy brands you'll find in every convenience store, but historically high cocoa prices are taking a toll on the business. Cocoa prices have nearly tripled since 2022, making it more costly to make candy, which is hurting Hershey's bottom line. Hershey expects full-year earnings to be flat this year, and the weak outlook for growth has caused the stock to fall 28% from previous highs.

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Comcast and Charter Lost Another 269,000 Broadband Customers Last Quarter. Where On Earth Are They Going?

The Motley Fool

The cable television industry's cord-cutting conundrum is nothing new. People have been steadily canceling their cable service since 2013, in fact. Cable companies have largely been offsetting this customer attrition by growing the very business that's slowly killing cable TV. That's high-speed internet -- or broadband -- which makes it possible to pipe other sources of video entertainment into your home.

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Mortgage Rates Just Plunged to Their Lowest Level in More Than a Year. Is Now the Time to Buy?

The Motley Fool

Image source: Getty Images If you've been tracking mortgage rates in the hopes of seeing them fall, here's some good news. The average rate on a 30-year mortgage recently dropped from 6.73% to 6.47%. That's the lowest rate since May 2023. But does this recent plunge in mortgage rates mean you should rush into homeownership before the summer wraps up?

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3 Unexpected Reasons 62 Is the Best Age to Claim Social Security

The Motley Fool

You have a choice of when to claim Social Security, and 62 is the youngest age at which benefits become available. However, you'll most likely hear experts tell you not to start your checks at 62 because doing so can substantially reduce your benefits. While it is true that getting checks at 62 means each payment will be a lot smaller, there are actually some surprising reasons why getting your benefits started ASAP could be the right move.

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Where Will Palantir Be in 5 Years?

The Motley Fool

Palantir Technologies (NYSE: PLTR) has become one of the premier artificial intelligence (AI) software companies thanks to its long history in the field. While some companies have only started integrating AI features within the past few years, Palantir has been doing so since its founding in 2003. Many investors are bullish on Palantir, and the stock has been bid up as a result.

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Here's What Super Micro Computer's 10-for-1 Stock Split Means for Investors

The Motley Fool

Fool.com contributor Parkev Tatevosian explains what the Super Micro Computer (NASDAQ: SMCI) stock split could mean for investors. *Stock prices used were the afternoon prices of Aug. 6, 2024. The video was published on Aug. 8, 2024. Should you invest $1,000 in Super Micro Computer right now? Before you buy stock in Super Micro Computer, 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 Super Micro Com

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Do You Qualify for Spousal Social Security Benefits? 3 Things to Know Before Applying

The Motley Fool

Spousal Social Security benefits sound pretty straightforward: You marry a qualifying worker, sign up for benefits, and receive monthly checks. This is all true, but it leaves out a few important details that retired couples and those nearing retirement need to know. Here are three key rules to keep in mind when planning your retirement budget and applying for spousal Social Security benefits.

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Warren Buffett's Berkshire Hathaway Just Dumped Half Its Stake in Apple Stock. What Investors Need to Know

The Motley Fool

Companies that make coin by holding stock in publicly traded businesses buy and sell for their portfolios constantly, and very few make waves when they do so. Rockstar investor Warren Buffett is a major exception. When Buffett and his crew buy or sell a title, the move creates waves on the stock exchange. That goes double for their latest action -- a massive reduction in the Apple (NASDAQ: AAPL) position held in the bulging equity portfolio of Buffett's investment vehicle, Berkshire Hathaway (NY

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1 Unstoppable Stock That Could Join Apple, Microsoft, Nvidia, Alphabet, Amazon, and Meta in the $1 Trillion Club

The Motley Fool

One of the clear and present trends driving the market since early last year is that of artificial intelligence (AI). Investors need only review the list of the world's most valuable companies to see this paradigm shift on full display. Indeed, seven of the top 10 are major players in the race to adopt generative AI, with others climbing the ranks at a breathtaking pace.

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The Trade Desk (TTD) Q2 2024 Earnings Call Transcript

The Motley Fool

Image source: The Motley Fool. The Trade Desk (NASDAQ: TTD) Q2 2024 Earnings Call Aug 08, 2024 , 5:00 p.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Greetings. Welcome to The Trade Desk second quarter 2024 earnings conference call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation.

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Nasdaq Stock Market Sell-Off: 3 Stocks to Put on Your Buy List

The Motley Fool

The stock market's jitters are spreading quickly. Just a few weeks after major market indexes peaked, stocks are plunging with the Nasdaq Composite (NASDAQINDEX: ^IXIC) already having entered a correction (a decline of more than 10% from a recent peak). Stocks fell sharply for the third straight day on Monday as investors wrestled with downbeat economic data and a shock in Japan after the Nikkei fell double-digits as the Bank of Japan surprised investors with a rate hike.

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3 Stocks That Could Help You Get Richer in 2024

The Motley Fool

On Aug. 5, global stock markets crashed for a variety of reasons, including a weakening U.S. economy, geopolitical tensions, and a complicated investing issue called the " yen carry trade." In short, there's a lot of leverage in the investing world. And as certain things deteriorate, investors are forced to sell their stocks, which drives prices down.

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Coca-Cola Is a Rock-Solid Dow Dividend Stock, but So Is This Dividend King That Plans to Pay $10 Billion in Dividends Over the Next Year.

The Motley Fool

It's been a volatile week or so for Procter & Gamble (NYSE: PG) , which fell up to 6% in response to its fourth-quarter fiscal 2024 results, only to make up those losses and rise to near an all-time high. It's a lesson in why knee-jerk reactions to quarterly earnings can be misleading. Here's a breakdown of where P&G stands, what it expects from fiscal 2025, and why the dividend stock is worth buying now.

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Social Security Benefits Get a Cost-of-Living Adjustment (COLA) in 2025. But There Is a Big Problem for Retirees.

The Motley Fool

Many Americans lack confidence in their ability to live comfortably through retirement. In fact, a 2023 survey from the Employee Benefit Research Institute (EBRI) found that confidence decreased more significantly last year than at any point since the Great Recession in 2008. Craig Copeland, director of Wealth Benefits Research at EBRI, attributed the problem to "the current economic climate, in particular inflation.

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Prediction: These 3 Changes Are Coming to Social Security in 2025

The Motley Fool

The Social Security Act was signed into law in August of 1935. Regular ongoing monthly benefits started going out in early 1940. Since then, Social Security has served as a steady source of retirement income for millions of older Americans. But even though the program has been around for more than 80 years, its rules can change on an annual basis. In fact, even though the Social Security Administration has not yet announced any official changes for 2025, there's reason to believe a shake-up is r

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3 Soaring Stocks to Hold for the Next 20 Years

The Motley Fool

Things can happen fast on Wall Street. Investors recently switched lanes from inflation concerns to outright recession fears after a stream of weak economic data followed the Federal Open Market Committee's (FOMC) decision to hold interest rates steady until September. While nobody knows what the market or the economy will do in the future, volatility returned to the markets and could make things a bit bumpy over the coming months.

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Billionaires Are Selling Nvidia and Buying These 2 Superb Artificial Intelligence (AI) Stocks Instead

The Motley Fool

Nvidia (NASDAQ: NVDA) has been one of the best-performing stocks over the past couple of years, literally adding trillions of dollars in value to its shareholder's portfolios. Several big hedge fund managers were among those investors who made a lot of money by investing early in Nvidia. But now they're starting to take their chips off the table and place bets in a couple of other incredible artificial intelligence (AI) stocks.

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Missed Out on Nvidia? Buy AMD Stock Instead.

The Motley Fool

Nvidia (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD) have enjoyed contrasting fortunes on the stock market in 2024 so far. While one of these semiconductor stocks delivered stellar gains, the other has not received much love on Wall Street. Nvidia stock is up more than 116% in 2024, while AMD has underperformed the PHLX Semiconductor Sector index by a wide margin.

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Where Will Nvidia Stock Be in 5 Years?

The Motley Fool

Over the last 18 months or so the capital markets have kicked into a new gear thanks in large part to the technology sector's interest in artificial intelligence (AI). Among AI's hottest opportunities are the " Magnificent Seven " -- a moniker used to collectively describe mega cap tech businesses Microsoft , Meta , Apple , Tesla , Amazon , Alphabet , and Nvidia (NASDAQ: NVDA).

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1 Magnificent Artificial Intelligence (AI) Stock to Buy Hand Over Fist in August

The Motley Fool

Lemonade (NYSE: LMND) is a $1.5 billion insurance technology company. It operates in five markets: renters' insurance, homeowners' insurance, life insurance, pet insurance, and car insurance -- and it's on a mission to disrupt the industry by using artificial intelligence (AI) across its entire organization. Lemonade's AI chatbots can autonomously write quotes for customers in under 90 seconds and pay claims in just three minutes without human intervention, eliminating many of the lengthy phone

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Here's My Top AI Stock to Buy in August

The Motley Fool

Let's be honest. After the stunning launch of OpenAI's ChatGPT in late 2022, the generative artificial intelligence (AI) industry has been more hype than substance. While hardware makers like Nvidia or Advanced Micro Devices have made tons of money selling the chips needed to run and train these complex algorithms, there have been conspicuously fewer profits on the consumer-facing software side of the opportunity.

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Study Shows: White Americans Have up to 6 Times More Money in the Bank Than Minorities

The Motley Fool

Image source: The Motley Fool/Upsplash Have you ever wondered what it's like to be someone else? How your life might be different if you'd been born to different circumstances, or with a different culture entirely? If you're a white American, being born as a minority would have given you a very different life, indeed, including entirely different financial circumstances.

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Why Beyond Meat Stock Is Sizzling Today

The Motley Fool

Plant-based meat maker Beyond Meat 's (NASDAQ: BYND) second-quarter numbers were anything but good. One of them was better than expected, however, and that was good enough for investors today. Data from S&P Global Market Intelligence indicates that as of 3:30 p.m. ET Thursday Beyond Meat shares are up 24.6%. The question is, does this move mark the beginning of a prolonged recovery?

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Where Will Nvidia Stock Be in 1 Year?

The Motley Fool

Nvidia (NASDAQ: NVDA) has been one of the top stocks on the market in the past year, delivering outstanding gains of 142% to investors as of this writing, but a closer look at this semiconductor giant's recent stock price action suggests that its stunning rally may have finally come to a halt. Shares of Nvidia hit a 52-week high on June 20. However, the stock has pulled back by 22% since then.

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You Won't Believe How Much the Average 64-Year-Old Has in the Bank. How Do You Compare?

The Motley Fool

Image source: Getty Images When you're in your 60s, you may be retired or nearing retirement. You need to have your financial ducks in a row as you reach this age since your paychecks will soon stop if they haven't already. So, how much does the typical 64-year-old have in their savings account ? The numbers aren't pretty. Here's the average balance for a 64-year-old.

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