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 ...

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...

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...

Pershing Square Hedge Fund Purchases 3.1 Million Netflix Shares Following Streamer’s Massive Stock Drop

Topline William Ackman, founder and CEO of the hedge fund management company Pershing Square Capital Management, announced Tuesday that the company purchased 3.1 million shares of Netflix following th...