Who is Bill Ackman, the man who could broker peace between Elon Musk and Donald Trump?Bill Ackman asked Elon Musk and Donald Trump to stop fighting. Musk agreed with him. This happened after Trump and Musk got into a heated f...
06 Jun, 2025, 06.08 PM IST
US President Donald Trump’s billionaire supporter urges him to delay tariffs amid fears of ‘economic nuclear winter’Billionaire hedge fund manager Bill Ackman has cautioned US President Donald Trump that his broad new tariffs would cause an ‘economic nucl...
07 Apr, 2025, 07.10 PM IST
Nike shares jump as Ackman's return sparks turnaround hopesNike shares increased by nearly 4% with investor optimism over billionaire William Ackman's renewed stake of 0.19%. Ackman, who has a histo...
16 Aug, 2024, 07.54 AM IST
Ackman launches cheaper hedge fund aimed at wider investor poolBillionaire hedge fund manager William Ackman is launching a new investment portfolio in the U.S., according to a regulatory filing which s...
08 Feb, 2024, 08.17 AM IST
Investor Ackman backs bid by dissidents for Harvard board seatsThe development represents a new challenge to the board, whose 30 members are typically nominated by the university's alumni association. A...
10 Jan, 2024, 09.27 AM IST
William Ackman's Pershing Square unveils new stake in AlphabetAccording to the filing, Ackman's hedge fund Pershing Square Capital Management owned 8.1 million class C shares and 2.2 million shares cla...
16 May, 2023, 09.02 AM IST
Palihapitiya to wind down two blank-check firms as choppy markets deter valuationsSocial Capital Hedosophia Holdings Corp IV and Social Capital Hedosophia Holdings Corp VI will return the funds raised to shareholders, Pal...
20 Sep, 2022, 07.06 PM IST
Some hedge funds face steep losses after betting on hot sectorsThe broader S&P 500 index ended around flat for May, with the Nasdaq index down 2%. However, during the month the S&P fell so far it nearly...
03 Jun, 2022, 08.05 AM IST
HCL profit jumps 226% yoy in Q4; HealthifyMe eyes IPODays after its larger rivals TCS and Infosys announced their results for the Jan-March quarter, HCL Tech posted a consolidated net profit o...
21 Apr, 2022, 08.33 PM IST
Ackman gives up on Netflix, taking $400 million loss as shares tumbleAckman's hedge fund Pershing Square Capital Management made an abrupt U-turn, selling the 3.1 million shares it had bought just three month...
21 Apr, 2022, 04.17 PM IST
Bill Ackman gives up on Netflix, taking $400 mn loss as shares tumble"While Netflix's business is fundamentally simple to understand, in light of recent events, we have lost confidence in our ability to predi...
21 Apr, 2022, 07.18 AM IST
Ackman's fund likely feeling the Netflix pain as shares plungeBefore Netflix's January outlook its stock had been trading around $500. Indeed, its shares had been dropping for months and Ackman called ...
20 Apr, 2022, 08.30 AM IST
Ackman seeks SPAC relaunch to fix lawsuit's 'harm'The lawsuit, filed by former US Securities and Exchange Commissioner Robert Jackson and others on behalf of a Tontine shareholder, argues t...
20 Aug, 2021, 04.03 PM IST
European stocks trade steady ahead US jobs data; airlines slideThe pan-European STOXX 600 index was up 0.1 per cent, trading just below its record high hit earlier this week. It was on track to record a...
04 Jun, 2021, 02.41 PM IST
Airbnb sets stage for blockbuster market debut, looks at Nasdaq listingEarlier this month, Reuters reported the company was aiming to raise $3 billion in its IPO, which could give it a valuation of more than $3...
27 Oct, 2020, 10.29 PM IST
Valeant says CEO Michael Pearson to step down, names William Ackman to boardValeant Pharmaceuticals International Inc said on Monday that Chief Executive Michael Pearson will step down and that the company appointed...
21 Mar, 2016, 07.39 PM IST
- William Ackman's fund buys stake in Kraft
Pershing Square Capital Management LP, a hedge fund run by activist investor William Ackman, has purchased a roughly 2 percent stake in Kra...
16 Jan, 2010, 04.30 AM IST