Billionaire family offices bet on drones, nuclear energy in August

Billionaire family offices bet on drones, nuclear energy in August

Key Points Billionaire family offices inked high-profile investments in an otherwise slow month for deal-making, according to Fintrx. Four billionaires’ private investment firms joined an $863 million fundraise for a nuclear fusion startup. Peter Thiel, a longtime investor in defense tech, backed a German drone maker as other high-net-worth investors flock to the sector. A…

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Chili’s parent Brinker International could jump more than 30%, Evercore ISI says

Chili’s parent Brinker International could jump more than 30%, Evercore ISI says

Chili’s parent Brinker International has a lengthy growth runway ahead, according to Evercore ISI. Analyst David Palmer upgraded the casual dining restaurant company to outperform from in line and lifted his price target by $20 to $210. That suggests roughly 32% potential upside for the stock, which has gained 20.2% this year. Palmer’s new rating…

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