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Bill Ackman's $900M Boost Could Lift Howard Hughes Stock Above Key Technical Barrier Ahead Of Q1 Earnings
Tuesday, May 6, 2025 - 8:24am | 591Billionaire investor Bill Ackman isn't just writing a $900 million check to Howard Hughes Holdings Inc (NYSE:HHH) – he's rewriting the script. In a move that caught Wall Street's eye, Pershing Square, backed mainly by Ackman himself, is investing in Howard Hughes at $100 a share – a 48...
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Bill Ackman Says Inflation Has 'Largely Been Wrung Out,' Pushes For Temporary Pause On China Tariffs To Shield US Businesses
Tuesday, May 6, 2025 - 12:14am | 509Billionaire investor Bill Ackman believes inflation has largely been “wrung out of the economy” and predicts global economic conflicts could resolve within six to nine months, while advocating for a temporary pause on China tariffs to protect U.S. businesses. What Happened: The Pershing...
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Bill Ackman Aims To Mimic Buffett, Berkshire Blueprint With $900M Howard Hughes Bet
Monday, May 5, 2025 - 12:11pm | 645Pershing Square's Bill Ackman wants to turn Howard Hughes Holdings Inc (NYSE:HHH) into a “modern-day Berkshire Hathaway.” “[When] I came into this business, the first book I read was Ben Graham’s ‘[The] Intelligent Investor.’ The next thing I read was basically...
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Warren Buffett And Charlie Munger's Timeless Wisdom Draws Bill Ackman's Praise: 'This Is A Great Book'
Monday, May 5, 2025 - 6:59am | 586Billionaire investor Bill Ackman has endorsed “Buffett & Munger Unscripted,” a compilation of decades of investment wisdom, calling it “a great book” on social media on Sunday. What Happened: The Pershing Square Capital Management CEO’s praise comes as Warren...
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Bill Ackman Missed Out On $3.4 Billion Payday By Selling Netflix Stock Before The Boom: NFLX Now Seen As A Recession Play
Saturday, April 26, 2025 - 3:27am | 710Hedge fund billionaire Bill Ackman's decision to sell his Netflix Inc. (NASDAQ:NFLX) shares during a rough patch in 2022 has become one of the most high-profile missed opportunities today. What Happened: In January 2022, Ackman revealed that his hedge fund, Pershing Square Capital Management, had...
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Craig Shapiro Takes A Dig At Donald Trump: 'Trump 2.0 Same As 1.0' After Administration Hints At A Deal With China
Wednesday, April 23, 2025 - 4:56am | 877Economist Craig Shapiro has taken a jibe at President Donald Trump after the administration hinted at a deal with China amid the ongoing market turmoil. He suggested that Trump was caving on all his promises and proposed policies. What Happened: Shapiro, a macro strategist at the Bears Trap Reports...
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Bill Ackman Praises Treasury Secretary Scott Bessent As 'Steady Hand' Ahead Of World Bank-IMF Spring Meetings
Wednesday, April 23, 2025 - 2:22am | 618Billionaire investor Bill Ackman, CEO of Pershing Square Capital Management, commended Treasury Secretary Scott Bessent on Tuesday as markets struggle with trade policy uncertainty. What Happened: Bessent, “is a steady hand on the wheel guiding us on a windy road that will get our country...
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Ackman Bets Big on Hertz as Tariff Tailwinds Boost Fleet Value: 'Investing Is Risky, There Are No Guarantees of a Successful Outcome'
Saturday, April 19, 2025 - 2:01pm | 641Bill Ackman‘s hedge fund Pershing Square Capital Management has acquired a significant stake in Hertz Global Holdings Inc. (NYSE:HTZ). What Happened: The stake, which includes both share ownership and total return swaps, has been built up since the end of last year. Ackman is of...
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Hertz CEO Encouraged By Bill Ackman's Major Investment: 'We Should All Feel Encouraged'
Saturday, April 19, 2025 - 4:27am | 530Hertz Global Holdings Inc. (NASDAQ:HTZ) CEO Gil West expressed optimism following Bill Ackman‘s significant investment in the company. What Happened: Ackman’s firm, Pershing Square Capital Management, revealed a substantial stake in Hertz, boosting the...
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Billionare Investor Bill Ackman Posts Hertz Investment Thesis, Proposes AV Fleet Partnership With Uber
Thursday, April 17, 2025 - 4:39pm | 520Billionaire hedge fund manager Bill Ackman posted his investment thesis for Hertz Global Holdings, Inc. (NYSE:HTZ) on Thursday, one day after disclosing his fund, Pershing Square, had built a sizable stake in the car rental company. The Details: Ackman confirmed a previous CNBC report that...
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Hertz Stock Accelerates Into The Close, Shares Continue To Move Higher After Hours: Here's Why
Wednesday, April 16, 2025 - 5:08pm | 452Hertz Global Holdings Inc (NASDAQ:HTZ) shares picked up momentum heading into Wednesday’s close and have continued to move higher in after-hours trading. Here’s a look at what’s going on. What To Know: Hertz shares surged Wednesday morning after Bill Ackman's Pershing Square...
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Hertz Stock Zooms 25% Pre-Market, Bill Ackman's Pershing Square Makes $46.5M Bet
Wednesday, April 16, 2025 - 10:26am | 569Hertz Global Holdings Inc (NASDAQ:HTZ) stock floored the gas pedal Wednesday morning, soaring over 25% in pre-market trading after hedge fund billionaire Bill Ackman threw his weight behind the embattled car rental firm. Ackman's Pershing Square Capital Management disclosed a fresh stake of 12.7...
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Hertz Global Stock Soars After Pershing Square Hops In Passenger Seat: What's Going On?
Wednesday, April 16, 2025 - 9:25am | 546Hertz Global Holdings Inc (NASDAQ:HTZ) shares are soaring in early trading Wednesday after Pershing Square Capital Management reported a significant stake in the company. What Happened: Bill Ackman’s Pershing Square filed an amended 13F with the SEC on Wednesday, showing that the firm...
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Trump's Tariff Pause Stirs Markets, Goldman Sachs Reverses Recession Call, And More: This Week In Economy
Sunday, April 13, 2025 - 6:00am | 625The past week was a rollercoaster ride for the financial markets, with President Donald Trump’s trade decisions taking center stage. Wall Street saw a significant bounce back from session lows following Trump’s optimistic remarks about a potential China deal. The President’s...
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Bill Ackman Blames 'Forced Selling' By Leveraged Traders For Market Chaos: Investors Are 'Reading Too Much Into Short-Term Market Movements'
Friday, April 11, 2025 - 8:22am | 660Billionaire investor Bill Ackman has attributed the recent dramatic volatility across rates, currencies, and equities to “forced selling” by highly leveraged market participants, rather than fundamental economic shifts. What Happened: In an X post, Ackman argued that investors and...