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Icahn Enterprises' Bloodbath Continues: Stock Plummets 21% To 14-Year Low, 60% Dip Since Hindenburg's Ponzi Claims
Thursday, May 25, 2023 - 4:23pm | 497Read More...Icahn Enterprises L.P. (NASDAQ: IEP), the holding company owned by billionaire investor Carl Icahn, experienced another bloodbath on Thursday, plummeting 21% after dropping by 13% the day before, and on track for the worst session of its history. This comes after Icahn's...
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Bill Ackman Thinks Rival Icahn's Firm Still Overvalued After Hindenburg Report: 'Reminds Me Somewhat Of Archegos'
Thursday, May 25, 2023 - 5:38am | 691Read More...Pershing Square Capital Management founder and CEO Bill Ackman weighed in on billionaire Carl Icahn and his company following the release of a short report by Hindenburg Research. Ackman commented that there were some interesting takeaways from the situation that...
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Fintech Focus For June 25, 2021
Thursday, June 24, 2021 - 4:24pm | 2854Read More...Quote To Start The Day: “Success is not final; failure is not fatal: It is the courage to continue that counts.” Source: Winston S. Churchill One Big Thing In Fintech: Eric Adams, the current front-runner in the 2021 New York City mayoral election in the Democratic primary, appears to...
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Fintech Focus For May 17, 2021
Sunday, May 16, 2021 - 8:38pm | 1714Read More...Quote To Start The Day: “Spring is the time of plans and projects.” Source: Leo Tolstoy One Big Thing In Fintech: Crypto is here to stay — this point is no longer up for debate. It is creating real-world benefits for businesses and consumers alike — benefits like faster,...
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Credit Suisse Falls Again After Bank Says Archegos Losses Will Spill Into Q2
Thursday, April 22, 2021 - 10:28am | 421Read More...Credit Suisse Group AG (NYSE: CS) shares traded lower by another 3.7% on Thursday morning after the company reported a $275 million net loss in the first quarter and said losses from its exposure to hedge fund Archegos Capital will spill into the second quarter. What Happened? Credit Suisse...
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Fintech Focus For April 9, 2021
Thursday, April 8, 2021 - 5:54pm | 2020Read More...Quote To Start The Day: We don't abandon our pursuits because we despair of ever perfecting them. Source: Epictetus One Big Thing In Fintech: To stay competitive, financial institutions must take a page from SaaS providers by embedding much needed financial services functionality into their...
