Valuation concerns probably pushed Ackman and his firm to sell some shares last year. Macro headwinds are negatively impacting this business, but investors should focus on the long term.

As Tesla gears up to launch its much-hyped robotaxi service in June 2025, billionaire investor Bill Ackman is betting on a different AI-driven opportunity that could outshine Elon Musk's vision.

Take Bill Ackman, for example. The hedge fund manager's net worth is around $9 billion. He has 100% of his Pershing Square Capital Management's $12.7 billion portfolio invested in only 11 stocks.

24/7 Wall St. Insights: Ailing car rental company Hertz got a big boost from billionaire investor Bill Ackman disclosing a 20% stake in HTZ stock. Ackman put a $30 per share price target on HTZ by ...

"Real Time" host Bill Maher suggested those who voted for ... "Let's talk about what it is for the other side, for the MAGA people, because I think they're disappointed, even though they may ...

Bill Ackman said a fear of looking weak is preventing the US and China from cutting tariffs. The billionaire hedge fund manager said tariffs should fall to "more reasonable levels" of 10% to 20%.

Trump fanboy and comedian Bill Maher used this week’s tragic passing of late Pope Francis to launch a brutal comedic assault on the Trump administration Friday night. “Pope Francis was the first pope ...

In 2001, state lawmakers with bipartisan support passed House Bill 1403 — the Texas DREAM Act — which made access to higher education easier for thousands of students without legal status if ...

Bill Ackman, the billionaire hedge fund titan behind Pershing Square Capital Management, is in contract to sell one of his two Upper West Side apartments at 211 Central Park West, last listed at a ...

He brought back a red MAGA hat he bought from Trump Tower in New York. "The Make America Great Again hat, to me, that just represents making the country that that man Donald Trump loves and is ...

PARTNERS. A VOTE TONIGHT ADVANCES A BILL THAT SEEKS TO DEFINE MALE AND FEMALE IN NEBRASKA LAW, AND ALSO LIMIT ACCESS TO BATHROOMS, LOCKER ROOMS AND SPORTS TEAMS. BASED ON THAT CRITERIA.