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Buffett, Ackman, Icahn Take A Beating As Billionaires Weather Q1 Chaos
Monday, May 19, 2025 - 12:14pm | 420Wall 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....
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Icahn Ramps Up Bets On Genes And Jets: Illumina Stake Jumps 450%, JetBlue Holding Grow 90%
Friday, May 16, 2025 - 11:28am | 492Carl Icahn is making bold moves from the lab to the tarmac. According to his latest 13F filing for the quarter ended March 31, the billionaire activist investor significantly boosted his holdings in Illumina Inc. (NASDAQ:ILMN) and JetBlue Airways Corp. (NASDAQ:JBLU) – a striking bet on both...
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CVR Energy Q1 Earnings On Deck: Carl Icahn Loads Up While Wall Street Waits
Monday, April 28, 2025 - 12:00pm | 524CVR Energy, Inc. (NYSE:CVI) is set to report its first-quarter earnings Monday after the bell, and Wall Street is bracing for a loss of $0.89 per share on revenue of $1.31 billion. The stock is down a rough 43.78% over the past year but has been showing signs of resilience lately, falling just 0.85...
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Carl Icahn Loads Up CVR Energy Stock, Drops $27 Million On Bullish April Binge
Wednesday, April 16, 2025 - 12:51pm | 380Billionaire investor Carl Icahn just reminded Wall Street who the original energy bull is. In a series of filings this month, the legendary activist investor disclosed a buying spree in CVR Energy, Inc. (NYSE:CVI) – snapping up more than 1.5 million shares worth over $27 million throughout...
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Hedge Fund Shake-Up: Tiger, Appaloosa, Soros Outperform Buffett, Icahn, Ackman
Wednesday, February 19, 2025 - 11:43am | 537Wall Street's most elite hedge funds had a clear pecking order in the fourth quarter of 2024, and it wasn't the usual suspects leading the pack. Tiger Global Management LLC, Appaloosa LP, and Soros Fund Management LLC pulled ahead, outpacing investing legends like Warren Buffett's Berkshire...
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Carl Icahn Bets Big On CVR While Slashing IEP Dividend In Half
Friday, November 8, 2024 - 2:59am | 570Carl Icahn, the renowned billionaire investor, is planning to increase his firm’s stake in CVR Energy, Inc. (NYSE:CVI) while significantly reducing its dividend payout. What Happened: Icahn Enterprises (NASDAQ:IEP), the investment firm controlled by Icahn, is proposing to increase its stake...
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Billionaire Investor Carl Icahn, Southwest Gas Amend Cooperation Agreement
Tuesday, October 15, 2024 - 6:07pm | 511According to SEC filings, Southwest Gas Holdings, Inc. (NYSE:SWX) and activist investor Carl Icahn have entered into an amended and restated cooperation agreement. The Details: The updated cooperation agreement provides for participation by the Icahn designees, Andrew W. Evans, Henry P....
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Icahn Enterprises Stock Continues To Climb: What's Going On?
Tuesday, September 17, 2024 - 9:27am | 451Icahn Enterprises L.P. (NASDAQ:IEP) shares continue to trade higher Tuesday after rising more than 14% on Monday after the company announced the dismissal of a class action lawsuit. What Happened: Icahn Enterprises announced that U.S. District Court Judge K. Michael Moore found on Sept....
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Carl Icahn Once Said, 'The Boards In This Country Are Not Doing The Job, And That's Why You Have The Trouble On Wall Street'
Thursday, August 22, 2024 - 1:30pm | 748In 2009, Carl Icahn, a famous billionaire investor, strongly criticized corporate boards of directors and their lack of oversight of CEOs, blaming them for many of Wall Street’s financial troubles. “The trouble with the country is that we don’t have accountability. The...
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Carl Icahn Settles SEC Charges For Failing To Disclose Billions In Loans Backed By Icahn Enterprises Stock
Monday, August 19, 2024 - 10:56am | 597The U.S. Securities and Exchange Commission announced Monday that it settled charges against billionaire activist investor Carl Icahn and his publicly traded company Icahn Enterprises L.P. (NASDAQ:IEP) after regulators alleged that he failed to disclose billions worth of personal loans pledged...
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Carl Icahn Builds 'Sizable' Position In Caesars Entertainment
Friday, May 31, 2024 - 2:04pm | 441Caesars Entertainment, Inc. (NASDAQ:CZR) shares are trading higher Friday after reports indicate activist-investor Carl Icahn has amassed a sizable stake in the company. The Details: According to a Bloomberg report citing sources familiar with the matter, Icahn owns a "sizable position" in...
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Dell CEO Invokes Winston Churchill's Words To Describe His Fight With Activist Investor: 'If You're Going Through Hell, Keep Going'
Thursday, March 28, 2024 - 10:01am | 706Dell Technologies Inc. (NYSE:DELL) CEO Michael Dell's story has been that of adapting to an ever-evolving personal computing industry. While he has reinvented Dell, it hasn't been an easy task. Michael Dell, the CEO of Dell Technologies Inc. (NYSE:DELL), has been at the helm of the company for 40...
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US Stocks Ease As Oil Price Spikes To 10-Month High, Dollar Gains: What's Driving Markets Tuesday?
Tuesday, September 5, 2023 - 1:42pm | 1004The U.S. stock market resumed trading Tuesday following the Labor Day holiday, and investor confidence appears subdued due to concerns stemming from a significant surge in oil prices resulting from the announcement of prolonged production cuts by Russia and Saudi Arabia. The major U.S. stock...
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Billionaire Investor Carl Icahn's Wealth In Free-Fall As His Company's Stock Nosedives
Friday, August 4, 2023 - 3:55pm | 621On Friday, Carl Icahn Enterprises (NASDAQ:IEP) experienced a historic 24% drop, its most severe single-day decline, following the announcement of a 50% cut in its quarterly distribution from $2 to $1. Short Seller Accusations Impact Carl Icahn’s Fortune Owned by legendary investor Carl Icahn...
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The Top 5 Billionaire Wealth Gainers And Losers So Far In 2023, Including Elon Musk, Larry Ellison, Gautam Adani
Wednesday, July 12, 2023 - 10:08pm | 999The global economic landscape is shaped by a select few people who possess immense wealth and influence. Their remarkable success stories inspire awe and fascination as they have amassed fortunes that transcend imagination. From tech moguls to retail tycoons, their achievements have propelled...