Bill Ackman

Billionaire hedge fund manager Bill Ackman is advocating for Fannie Mae (OTC:FNMA) and Freddie Mac (OTC:FMCC) to exit federal conservatorship, a status they've held since the 2008 financial crisis, arguing it would benefit the U.S. housing finance system. What Happened: In a detailed post on X,...

New ETF filings from VistaShares reveal plans to launch funds that track the top trades of Bill Ackman and Michael Burry, expanding on the firm’s existing ETFs tied to Warren Buffett‘s investments. What Happened: VistaShares may not be a household name for ETFs yet, but that could soon...

Billionaire investor Mark Cuban offers his take on why inflation hasn’t spiked to the extent that it was expected by leading economists, in response to the “Liberation Day” tariffs imposed by President Donald Trump What Happened: On Sunday, in a post on X, Cuban said that...

Bill Ackman, a prominent hedge fund manager, once shared a remarkable story of a New York City taxi driver who turned a $50,000 investment into nearly a $3 million retirement fund. What Happened: Ackman, the CEO of Pershing Square Capital Management, recounted the story in episode 413 of...

Billionaire investor Bill Ackman's hedge fund, Pershing Square Capital Management, established a new position in Amazon.com, Inc. (NASDAQ:AMZN) after the stock dropped more than 30% earlier this year.  The Details: Pershing Square chief investment officer Ryan Israel told analysts on a call...

Wall Street's billionaire brigade hit turbulence in the first quarter of 2025. From Warren Buffett to George Soros, even the most iconic names couldn't dodge the drawdowns as markets rotated and profit-taking weighed down performance. Buffett's Berkshire Hathaway Inc (NYSE:BRK) (NYSE:BRK) saw a -2....

Editor’s Note: This article has been updated to reflect that Pershing Square converted its Nike stock into call options, maintaining exposure Bill Ackman could have a new love for the automotive sector with a new investment made in the first quarter and an added position to a stake from the...

The crisis at UnitedHealth Group Inc. (NYSE:UNH) continues to deepen, with a new criminal investigation by federal authorities, following the abrupt departure of its CEO, and a steep decline in stock prices. What Happened: UnitedHealth is reportedly under criminal investigation by the U.S....

Billionaire hedge-fund boss Bill Ackman hailed Sen. Ted Cruz's proposal to give every newborn American a $1,000 investment account, posting on X: "I have been a fan of this idea for years. It is great to see it finally happening." What Happened: Ackman's praise followed Cruz's CNBC clip touting the...

Howard Hughes Holdings (NYSE:HHH) surged 2.78% during Wednesday pre-market, after non-Executive Director, Bill Ackman, stepped down from the Board of Directors of Universal Music Group N.V. (OTC:UMGNF). The decision comes in light of new obligations towards Howard Hughes that Ackman has undertaken...

President Donald Trump defended Qatar’s offer of a Boeing Co. (NYSE:BA) 747-8 jumbo jet reportedly valued at $400 million, dismissing critics and declaring that “only a fool would not accept this gift on behalf of our Country.” What Happened: Former Republican presidential...

Hertz Global Holdings Inc (NASDAQ:HTZ) reported financial results for the first quarter after the market close on Monday. Here’s a rundown of the report. Q1 Revenue: $1.81 billion, versus estimates of $2 billion Q1 Adjusted Loss: $1.12, versus estimates of 97 cents Total revenue declined...

Billionaire investor and the CEO of Pershing Square, Bill Ackman, flagged the contribution of various subsidies to the mounting U.S. debt and appreciated President Donald Trump for proposing an order to cut the drug prices, quoting his earlier suggestion. What Happened: In an X post, Ackman...

Billionaire investor Bill Ackman opened up about the most painful chapter of his career—the collapse of his $4 billion investment in Valeant Pharmaceuticals. In a candid interview, he explained how the disaster nearly wrecked his firm, his finances, and his personal life. What Happened: "We were...

On Tuesday, billionaire investor Bill Ackman suggested that Donald Trump implement a gradual, escalating China tariff strategy to encourage fair trade negotiations and help U.S. companies adjust without triggering sudden economic disruption. What Happened: Taking to X, formerly Twitter, Ackman laid...