Topline Shares of Silicon Valley Bank Financial Group were halted after plunging further in pre-market Friday, following measures it took to shore up its financial position Thursday, prompting some ve...
Tag: Bill Ackman
Silicon Valley Bank Shares Drop 64% In Pre-Market As VC Funds Tell Firms To Withdraw Funds
Topline Shares of Silicon Valley Bank Financial Group plunged further in pre-market Friday, after it took measures to shore up its financial position Thursday, prompting some venture capital funds to ...
Hedge Fund Billionaire Bill Ackman Empathizes With Fallen FTX Chief Sam Bankman-Fried
Topline Hedge fund billionaire Bill Ackman appeared to defend Sam Bankman-Fried from fierce criticism on Thursday as the fallen crypto mogul fights criminal charges following the dramatic collapse of ...
Explorer, The Concentrated Coffee Brand Offering Four Caffeine Levels, Raises $2.5 Million To Elevate At-Home Coffee Drinking Experience
Coffee concentrate brand Explorer raises $2.5 million in a seed round. Explorer Brooklyn-based coffee concentrate startup Explorer, founded by mountaineer and former Bain & Company consultant Caso...
Bill Ackman’s Pershing Square Buys Up More Howard Hughes Stock
These disclosures are from 13Ds filed with the Securities and Exchange Commission. 13Ds are filed within 10 days of an entity’s attaining more than 5% in any class of a company’s securities. Subsequen...
Ackman’s Pershing Square Loads Up On Howard Hughes Following Tender Offer
Summary The investment was boosted by 11.46%. The firm issued a tender offer in October for the real estate company’s stock. Billionaire investor Bill Ackman (Trades, Portfolio) disclosed last w...
Bill Ackman says crypto is ‘here to say,’ but highlights a curious use case
Billionaire investor and hedge fund manager Bill Ackman is bullish on cryptocurrency, even after the collapse of one of the world’s largest crypto exchanges. “I was initially a crypto skeptic, b...
Bill Ackman blasts Visa, saying it has the power to pressure Pornhub to remove child pornography
Bill Ackman, founder and CEO of Pershing Square Capital Management. Adam Jeffery | CNBC Billionaire hedge fund manager Bill Ackman is taking a vocal stance against Visa, saying the credit card giant h...
Billionaire Investor Bill Ackman Says The Fed Isn’t Doing Its Job Fighting ‘Runaway’ Inflation
Topline The Federal Reserve isn’t doing its job fighting runaway inflation—and unless the central bank tightens monetary policy and raises interest rates “more aggressively,” the ongoing stock market ...
Bill Ackman says a more aggressive Fed or market collapse are the only ways to stop this inflation
Billionaire hedge fund manager Bill Ackman said raging inflation will only dissipate if the Federal Reserve acts more aggressively or the market sell-off turns into a full-on collapse. “There is...
Musk Lashes Out At ESG As The Brand Starts To Lose Its Luster
BEIJING, CHINA – OCTOBER 23: (CHINA OUT) Elon Musk, Chairman, CEO and Product Architect of Tesla … [+] Motors, addresses a press conference to declare that the Tesla Motors releases v7.0 S...
Bill Ackman Cancels Netflix, Taking $400 Million Loss As Shares Tank
Netflix revealed it lost subscribers for the first time in a decade. Getty Images Summary Netflix NFLX revealed it lost subscribers for the first time in a decade. The investor sold all 3.1 million sh...
United Airlines, AT&T, Tesla and more
A United Airlines Holdings Inc. Boeing 777-200 aircraft on the tarmac at San Francisco International Airport (SFO) in San Francisco, California, U.S., on Thursday, Oct. 15, 2020. David Paul Morris | B...
Bill Ackman Goes All Aboard On Canadian Pacific Railway
Summary The activist investor’s previous investment in the company resulted in a management overhaul. Canadian Pacific recently acquired Kansas City Southern. Billionaire investor Bill Ackman (T...
Bill Ackman Takes Stake In Netflix Following Sell-Off
Summary The 3.1 million-share stake is valued at around $1.1 billion. Netflix’s stock has fallen over 40% since its November high. Guru attracted to company’s pipeline and scale. Seeking t...
McDonald’s, Blackstone, Netflix and others
Check out the companies making headlines before the bell: Comcast (CMCSA) – The NBCUniversal and CNBC parent earned an adjusted 77 cents per share for the fourth quarter, 4 cents above estimates, with...