Sat.Nov 09, 2024 - Fri.Nov 15, 2024

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Disney Stock Is Roaring Back to Life

The Motley Fool

Shares of Walt Disney (NYSE: DIS) opened sharply higher on Thursday, following better-than-expected financial results earlier in the day. The 8% pop at market open finds the media giant's stock trading at its highest level in more than six months. I argued at the start of this trading week that a strong fiscal fourth-quarter report could send Disney shares back above $100 for the first time in months.

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Vance Street Buys Prince Sterilization Services

Private Equity Professional

Vance Street Capital has acquired Prince Sterilization Services , a provider of contract medical device sterilization services. This acquisition marks Vance Street’s second Fund IV platform and its 15th investment in the life sciences and medical sector. Prince offers a range of sterilization services, including steam, dry heat, vaporized hydrogen peroxide (VHP), depyrogenation (the removal of fever-causing substances), and water for injection (WFI) rinsing.

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UK PE firms anticipating 2025 deal surge

Private Equity Wire

Private equity firms are forecasting a substantial rise in UK deal activity in 2025, with 84% expecting to execute between five and ten deals, according to a report by Reuters citing a survey by Deutsche Numis published on Tuesday. This represents a significant shift from last year, when only 12% of private equity firms reported they were “highly likely” to pursue bolt-on acquisitions for existing portfolio companies.

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Roial Group eyes “ignored” Denver metro market with new $150m fund

AltAssets

Real estate private equity investor Roial Group has set its sights on long-ignored urban Denver metro markets with a new $150m fund. The post Roial Group eyes “ignored” Denver metro market with new $150m fund appeared first on AltAssets Private Equity News.

Funds 97
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Tremor International (TRMR) Q3 2024 Earnings Call Transcript

The Motley Fool

Image source: The Motley Fool. Tremor International (NASDAQ: TRMR) Q3 2024 Earnings Call Nov 15, 2024 , 9:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Thank you for standing by. My name is Janine, and I will be your conference operator for today. Welcome to Nexxen's third quarter earnings call.

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Branford Buys Testek from Odyssey

Private Equity Professional

Branford Castle Partners has acquired Testek Solutions , a manufacturer of aviation component testing equipment, from Odyssey Investment Partners. Testek Solutions designs and manufactures specialized testing equipment for military and commercial aviation components, offering products for testing aircraft hydraulic, power generation, fuel, pneumatic, and avionics systems.

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Mayfair makes first CTO appointment

Private Equity Wire

Mayfair Equity Partners (Mayfair), a dedicated consumer and technology investor with over £2bn in assets under management, has appointed Josko Grljevic to the newly created role of Chief Technology Officer (CTO) based in London. As CTO, Grljevic will focus on scaling Mayfair’s internal technological capabilities and data analytics with responsibility for introducing innovative solutions across the firm.

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Better Artificial Intelligence (AI) Stock: Nvidia vs. Micron Technology

The Motley Fool

The semiconductor industry is expected to generate $611 billion in revenue this year as per World Semiconductor Trade Statistics (WSTS), which would be a jump of 16% from last year's levels, and the good part is that the growth is set to continue in 2025 as well with an estimated increase of 12.5% in revenue next year. Artificial intelligence (AI) has turned out to be one of the key reasons behind the healthy growth of the semiconductor industry.

Prospects 246
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Godspeed Speeds to Fund III Close

Private Equity Professional

Godspeed Capital Management has finalized an oversubscribed, hard-cap close of Godspeed Capital Fund III LP with $675 million in capital commitments. Godspeed initiated and completed fundraising within two months. Limited partners in Fund III include both new and existing institutional investors, such as endowments, foundations, health systems, public pension plans, family offices, fund of funds, advisors, and consultants.

Funds 100
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Triton Partners acquires 10% Evotec stake ahead off potential takeover

Private Equity Wire

Shares of Germany’s Evotec SE rose by up to 16.2% on Monday after news that private equity firm Triton Partners has acquired a substantial stake in the drug discovery and development specialist ahead of a potential takeover bid for the company, according to a report by Bloomberg. The report cites a SEC filing as revealing that Triton has built a 9.9% stake through multiple open-market transactions, and is now assessing the possibility of acquiring the whole business, according to unnamed sources

Stakes 96
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Deal Roundup: General Atlantic, Stripes back Vuori at $5.5bn valuation, Asterion to sell Nabiax to Aermont

AltAssets

General Atlantic and Stripes have led an $825m investment in athletic clothing and activewear specialist Vuori, valuing the brand at $5.5bn. The post Deal Roundup: General Atlantic, Stripes back Vuori at $5.5bn valuation, Asterion to sell Nabiax to Aermont appeared first on AltAssets Private Equity News.

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Billionaire Ken Griffin of Citadel Is Piling Into Palantir and Broadcom and Selling Shares of Wall Street's Artificial Intelligence (AI) Darling

The Motley Fool

Though there's no shortage of information on Wall Street, perhaps no data release has more bearing than the quarterly filing of Form 13Fs. A 13F is a required filing with the Securities and Exchange Commission for institutional investors with at least $100 million in assets under management. It's a tool that allows investors to see which stocks Wall Street's smartest money managers have been buying and selling.

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How wine tasting and clubs can get you into high-net-worth circles

Million Dollar Round Table (MDRT)

By Bryce Sanders You are a financial advisor in the United States, an insurance agent in Asia or an estate planner in Canada. You want new clients, ideally within the high-net-worth community. You want to rub shoulders and socialize. How are you going to do that? There are several ways. You could join a yacht club. You’ll need a yacht. Join that very exclusive country club.

Prospects 102
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KKR and Dragoneer complete $4.8bn take-private of edtech firm Instructure

Private Equity Wire

Global investment firms KKR and Dragoneer Investment Group have completed their acquisition of Instructure Holdings, a provider of education technology including the Canvas learning management platform, in a deal valued at approximately $4.8bn. The transaction, priced at $23.60 per share, was executed as an all-cash deal. As a result, Instructure has been delisted from the New York Stock Exchange.

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Founderful shrugs off tricky VC fundraising market to hit $140m Fund II close, first since rebrand from Wingman Ventures

AltAssets

Zurich-based venture capital firm Founderful has hit a $140m final close for its oversubscribed second fund, nine months after rebranding from Wingman Ventures. The post Founderful shrugs off tricky VC fundraising market to hit $140m Fund II close, first since rebrand from Wingman Ventures appeared first on AltAssets Private Equity News.

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Rocket Companies (RKT) Q3 2024 Earnings Call Transcript

The Motley Fool

Image source: The Motley Fool. Rocket Companies (NYSE: RKT) Q3 2024 Earnings Call Nov 12, 2024 , 4:30 p.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Thank you for standing by, and welcome to the Rocket Companies third quarter 2024 earnings conference call. All lines have been placed on mute to prevent any background noise.

Companies 241
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Snap! Mobile Receives $23M in Growth Equity Investment from Runway Growth Capital

FinSMEs

Snap! Mobile, a Seattle, WA-based provider of a fundraising platform for schools and organizations, received $23M in growth equity investment from Runway Growth Capital. The company intends to allocate the amount to expand its digital platform and empower more organizations to raise critical funds for high school athletics and other extracurricular activities.

Capital 58
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HighPost Capital makes significant Front Row investment

Private Equity Wire

HighPost Capital, a PE firm focused on the consumer, sports, media, and technology sectors, has partnered with Charlesbank Capital Partners to invest in Front Row Group, an ecommerce agency providing outsourced marketplace management services. Founded in 2012 by Matt and Alex Beer, Front Row Group serves established and emerging brands in the beauty, health & wellness, and CPG sectors.

Capital 97
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Forerunner Ventures hits ‘sweet spot’ with new $500m seed, Series A fund

AltAssets

Consumer-focused investment house Forerunner Ventures has pulled in $500m for a new early-stage fund - a figure it says is its "sweet spot" for the strategy. The post Forerunner Ventures hits ‘sweet spot’ with new $500m seed, Series A fund appeared first on AltAssets Private Equity News.

Funds 98
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This Cryptocurrency May Be Down 73%, but It Has Explosive Long-Term Potential

The Motley Fool

During the previous crypto bull market rally, Chainlink (CRYPTO: LINK) became an overnight sensation. From January 2020 to May 2021, Chainlink soared in value from $2 to $52. At that time, investors thought the cryptocurrency had the potential to disrupt the traditional financial system, thanks to its innovative blockchain technology. That was then, this is now.

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New Space Force Program Boosts America's Smallest NewSpace Companies

The Motley Fool

Attention, space investors! By now you've almost certainly heard about the Proliferated Warfighter Space Architecture (PWSA), the U.S. Space Force's multibillion-dollar effort to build a constellation of Low Earth Orbit satellites to detect missile launches and relay the information back to U.S. missile defense for a response. But have you heard about HALO?

Companies 244
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Better Artificial Intelligence Stock: Palantir vs. Microsoft

The Motley Fool

Palantir Technologies (NYSE: PLTR) and Microsoft (NASDAQ: MSFT) have both profited from the rapid expansion of the artificial intelligence (AI) market. Palantir aggregates large amounts of data from disparate sources to help its clients make faster decisions, and it's streamlining that process with generative AI tools. Microsoft owns the world's largest PC operating system (Windows), the leading productivity software suite (Office), and the second largest cloud infrastructure platform (Azure).

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Meta and Palantir Join Forces in Defense Tech Artificial Intelligence (AI). Which Stock Is the Better Buy?

The Motley Fool

It's no secret that over the last couple of years investors have become increasingly curious about the prospects artificial intelligence (AI) presents. With that said, I've found a lot of the discussion around AI to be largely redundant. Software companies are touting how AI-powered services can yield higher productivity levels in the workplace, while hardware and infrastructure players essentially hold the keys to the AI car through the power of data centers and semiconductor chips.

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Home Depot (HD) Q3 2024 Earnings Call Transcript

The Motley Fool

Image source: The Motley Fool. Home Depot (NYSE: HD) Q3 2024 Earnings Call Nov 12, 2024 , 9:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Greetings, and welcome to The Home Depot third-quarter 2024 earnings conference call. [Operator instructions] As a reminder, this conference is being recorded.

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Zeta Global (ZETA) Q3 2024 Earnings Call Transcript

The Motley Fool

Image source: The Motley Fool. Zeta Global (NYSE: ZETA) Q3 2024 Earnings Call Nov 11, 2024 , 4:30 p.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Greetings, and welcome to the Zeta 3Q '24 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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Mosaic (MOS) Q3 2024 Earnings Call Transcript

The Motley Fool

Image source: The Motley Fool. Mosaic (NYSE: MOS) Q3 2024 Earnings Call Nov 12, 2024 , 11:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good morning, everyone, and welcome to The Mosaic Company's third-quarter 2024 earnings conference call. At this time, all participants have been placed in a listen-only mode.

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Sea Limited (SE) Q3 2024 Earnings Call Transcript

The Motley Fool

Image source: The Motley Fool. Sea Limited (NYSE: SE) Q3 2024 Earnings Call Nov 12, 2024 , 7:30 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good morning and good evening to all, and welcome to the Sea Limited third-quarter 2024 results conference call. [Operator instructions] And finally, I'd like to advise all participants that this call is being recorded.

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Why Block Stock Jumped Today

The Motley Fool

Shares of fintech company Block (NYSE: SQ) rose today after Piper Sandler analyst Arvind Ramnani assumed coverage of the stock, with an overweight rating and price target of $83, according to reports. Block's stock made gains early in the day and was up by 11.9%, as of 3:34 p.m. ET. Impressive businesses tapping into large markets Ramnani mentioned in his investor note that Block has been adept at creating new businesses, including its crypto business, as well as tapping into large fintech marke

Returns 130
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10 Kirkland Products Every Costco Member Should Try in November 2024

The Motley Fool

Image source: Getty Images Costco's private label products, called Kirkland Signature, have made store brands cool in a way I never could have imagined when I was growing up. Costco doesn't have a fun cartoon mascot like the popular breakfast cereals of my childhood. But Costco's Kirkland Signature private label brand has created its own special mystique.

Finance 246
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Billionaire Steve Cohen Is Selling This Hot Artificial Intelligence (AI) Stock

The Motley Fool

Artificial intelligence (AI) investing has been a major theme in the markets in 2023 and 2024, and will likely be a trend in 2025 as well. One of the top AI stocks that many investors have piled into is Broadcom (NASDAQ: AVGO). The stock is up around 60% this year, making it a top performer in the market. However, not every investor is confident that Broadcom can continue its run.

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Meet the Supercharged Growth Stock Headed to $4 Trillion Over the Coming 12 to 18 Months, According to 1 Wall Street Analyst (Hint: Not Nvidia)

The Motley Fool

Artificial intelligence (AI) went viral early last year, and arguably, no company has benefited more than Nvidia (NASDAQ: NVDA). The company's graphics processing units (GPUs) have become the go-to for powering generative AI. Thanks to five consecutive quarters of triple-digit revenue and profit growth, Nvidia stock has been on fire, up more than 900% (as of this writing) in less than two years.

Prospects 246
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The Fed Just Cut Interest Rates. Is Now a Good Time to Buy a Car?

The Motley Fool

Image source: Getty Images In September, the Federal Reserve lowered its benchmark interest rate by half a percentage point. That was then followed by a quarter-point rate cut in November. The bad news about the Fed's rate cuts is that they could lead to a drop in savings account and CD rates. So if you have money to put into a CD in particular, you may want to open one today.

Debt 246
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3 Must-Know Facts About Costco Gas Stations That Might Surprise You

The Motley Fool

Image source: Getty Images If you're a Costco member or thinking of becoming one, you're probably already aware that the warehouse club has great deals on gas. In fact, the savings on fuel is one reason why many people join Costco in the first place. Although you may be aware that Costco's gas is cheap, you may not know a few other details about fueling up at your warehouse club.

Finance 246
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Era of private credit outperformance over PE may be ending, says State Street

Private Equity Wire

Private credit returns have recently outpaced private equity, as shown by State Street data from the second quarter, but this advantage may soon wane with the Federal Reserve’s shift toward easing monetary policy, according to a report by Bloomberg. The report cites Nan Zhang, head of product implementation and alternative investment research at State Street, as noting that “private debt, especially floating-rate debt, typically benefits from rising interest rates,” and expects that private debt

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3 Little-Known Perks of Buying CDs

The Motley Fool

Image source: The Motley Fool/Upsplash With interest rates dropping, certificates of deposit (CDs) can be a smart way to freeze them before they get too low. With some CD rates currently north of 4.00%, the headliner perk on today's top-paying CDs is undoubtedly APY, APY, and APY. But don't let earning interest obscure some of the lesser-known benefits of buying CDs.

Banks 246
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Shopify Shares Surge on Growth Outlook. Is It Too Late to Buy the Stock?

The Motley Fool

It's been a roller-coaster ride for Shopify (NYSE: SHOP) shares this year, but since the summer, the stock has been on the ascent. After the e-commerce company delivered a strong third-quarter report Tuesday and offered upbeat guidance, its stock hit a new 52-week high. However, the stock is still far below the all-time peak it hit in 2021. With Shopify stock trading up more than 40% year to date as of this writing, it's natural to wonder whether it's too late to buy the stock.

Prospects 246
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3 Major Black Friday Pitfalls to Avoid

The Motley Fool

Image source: Getty Images If you're getting increasingly psyched for Black Friday by the day, you're not alone. At this point, the big event is only a couple of weeks away. So you may be finalizing your shopping list now in the hopes of taking advantage. A good 36% of Americans plan to shop this Black Friday, according to YouGov. And chances are, you'll find a host of specials running that day both online and in stores.

Finance 246