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A New Kind Of GP Stake Deal: Billionaire-Backed Nile Capital Takes Minority Stake In VC Firm Wilshire Lane Capital

Emerging property technology-focused venture capital firm Wilshire Lane Capital is selling a minority stake to Nile Capital, a firm dedicated to capitalizing diverse-led investment firms. Nile Capital itself is backed by José E. Feliciano and Kwanza Jones through their SUPERCHARGED Initiative.

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57 minutes ago

Further Upside For SunPower Stock After 5% Rise Last Week?

SunPower Corporation stock has seen a strong rise of 5% over the past week and currently trades at around $22 per share. The stock rally was driven by the jump in the broader indices, supported by strong Q2 ’21 earnings reported at the start of August. SunPower reported revenues of $309 million...
1 hour ago

Hyatt Stock Looks Undervalued

The shares of Hyatt Hotels are currently trading at 20% below the pre-pandemic level observed in February 2020. Due to mandatory closures and a steep decline in leisure travel demand, the company reported $736 million of operating cash burn in 2020 and $58 million for H1 2021...
Sep 6, 2021

Lockheed Martin Stock A Value?

After dropping to lows of $321 in Q1, the shares of Lockheed Martin reached the highs of $394 in Q2 – registering a growth of 22%. The declines in January were largely associated with concerns of production breaks from the pandemic. As the company’s fundamentals are backed by a huge order backlog...