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Why MicroStrategy Stock Tanked by 11% on Thursday

The Motley Fool

Short the stock now, says investment firm Kerrisdale Capital, an investment firm based in New York City, published a report lambasting MicroStrategy while recommending that investors go long on Bitcoin. As a result, MicroStrategy's share price fell at a double-digit rate, closing more than 11% lower.

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This Billionaire Predicted the Nvidia Stock Rally. Now He's Making a Prediction Elsewhere With an Investment That's Already Jumped 13% in the Last Month.

The Motley Fool

And he was able to pad his numbers with an extremely timely investment in Nvidia (NASDAQ: NVDA). In the fourth quarter of 2022, Druckenmiller bought over 580,000 shares of Nvidia for his investment firm Duquesne Family Office. That means the company is valued at just 9 times its profits.

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Orion sells further minority stake in Sweetwater Royalties at $1.9bn valuation

Private Equity Insights

Orion Resource Partners, a global investment firm specialising in metals and materials, has sold an 8% minority interest in Sweetwater Royalties, a private industrial minerals royalty company, to a Canadian pension fund for $100m.

Stakes 130
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Cathie Wood Says This Stock Is the Biggest AI Play, and It Could Soar 716% to a $6 Trillion Valuation by 2027

The Motley Fool

But I'm going to explain why Wood -- and her investment firm Ark Investment Management -- predicts autonomous self-driving software is on track to become Tesla's most lucrative opportunity. With that in mind, Wood says Tesla (NASDAQ: TSLA) is currently the biggest AI play out there.

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EQT strikes a $733m deal to acquire South Korean waste treatment platform

Private Equity Insights

Swedish investment firm EQT (EQTAB.ST) said on Friday it has agreed to acquire KJ Environment and affiliated companies from Seoul-based investment firm Genesis Private Equity to establish a waste treatment platform in South Korea. EQT said it is making the acquisition via its sixth infrastructure fund.

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Actis sells BTE Renewables to Engie and Meridiam for $1bn

Private Equity Insights

London-based private equity firm Actis is to sell its 100% stake in the African green energy platform BTE Renewables to the utility company Engie and investment firm Meridiam for an enterprise value of $1bn.

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Brookfield Asset Management Unit Closes $8.2bn Sale of Westinghouse

Private Equity Insights

The total enterprise value of the deal is $7.9bn, which was adjusted for working capital balances at the close and resulted in a final enterprise value of $8.2bn. Brookfield Business Partners closed the sale of 49% of nuclear technology services company Westinghouse Electric Co. Westinghouse, however, has $3.8