Elon Musk says a lot of things. Much of what he says is just vile bigotry or outright lies, but you can’t deny that he is a man of many words. On Saturday evening, he hopped on Twitter to say more words, this time about his plan to send a crewed space flight to Mars. … Read more
WASHINGTON: In a country already on edge, the assassination attempt on former President Donald Trump has enraged his supporters, paused the Democratic campaign and raised fears of further political violence in the run-up to November’s election. Trump’s Republican allies painted him as a hero on Saturday, seizing on the image of him with his ear … Read more
Bill Ackman, Pershing Square Capital Management CEO, speaking at the Delivering Alpha conference in New York City on Sept. 28, 2023. Adam Jeffery | CNBC Billionaire investor Bill Ackman is selling a 10% stake in Pershing Square, aiming to eventually take his investment firm public. Ackman’s firm is raising $1.05 billion in a funding round, … Read more
Bill Ackman, CEO of Pershing Square Capital Management, speaks during an interview for an episode of “The David Rubenstein Show: Peer-to-Peer Conversations,” in New York on Nov. 28, 2023. Jeenah Moon | Bloomberg | Getty Images Hedge fund executive and billionaire Bill Ackman has signaled to associates that he is likely to support Donald Trump … Read more
Founder and CEO of Masimo, Joe Kiani addresses a press conference in Bangalore on January 2, 2017. Manjunath Kiran | Afp | Getty Images Billionaire Masimo founder Joe Kiani, best known for his successful legal fight against Apple and his friendship with President Joe Biden, has borrowed against half of his $660 million stake in … Read more
Here are the most important news items that investors need to start their trading day: 1. Earnings juice A stronger-than-expected earnings season is driving U.S. stocks to new highs. The broad-based S&P 500 index rose about 0.8% on Wednesday, settling just below 5,000 to notch a record close. The Nasdaq Composite and Dow Jones Industrial … Read more
Bill Ackman, Pershing Square Capital Management CEO, speaking at the Delivering Alpha conference in New York City on Sept. 28, 2023. Adam Jeffery | CNBC Pershing Square’s Bill Ackman is set to offer a new investment vehicle listed on the New York Stock Exchange, aiming to leverage his following among Main Street investors. The hedge fund … Read more
Bill Ackman, founder and CEO of Pershing Square Capital Management. Adam Jeffery | CNBC Hedge fund billionaire Bill Ackman and his wife Neri Oxman are buying a nearly 5% stake in the Tel Aviv Stock Exchange, the exchange reported in a press release Wednesday. The announcement came as the Israeli bourse announced the pricing of … Read more
Mark Cuban says smart businesses embrace diversity, equity and inclusion. That’s a stance at odds with some recent high-profile skepticism of the organizational framework from fellow billionaires Elon Musk and Bill Ackman. “Let me help you out and give my thoughts on DEI,” Cuban told Musk on X, formerly known as Twitter, on Wednesday. “Good … Read more
