Bill Ackman, Pershing Square Capital Management CEO, speaking at the Delivering Alpha conference in NYC on Sept. 28th, 2023. Adam Jeffery | CNBC Hedge fund manager Bill Ackman is looking…
New Jeep vehicles sit on a Dodge Chrysler-Jeep Ram dealership’s lot on October 03, 2023 in Miami, Florida. Joe Raedle | Getty Images News | Getty Images DETROIT – The…
Warren Buffett surprised many investors by downsizing one of his longest held and largest positions — Bank of America . Here’s what could have driven the sale by the Oracle…
People walk past the New York Stock Exchange Wednesday, April 3, 2024 in New York. Peter Morgan | AP Company: Solventum (SOLV) Business: Solventum, formerly known as 3M Health Care,…
For the first time a luxury brand is an Olympic sponsor. And it’s not just one brand, it’s the empire of LVMH. “We tried to find a way with the…
Gross domestic product in the second quarter was expected to show a 2.1% annualized increase.
Check out the companies making headlines in premarket trading. Alphabet — Shares of the Google parent-company slipped nearly 4% before the opening bell. Advertising revenue in Alphabet’s YouTube segment undershot…
Check out the companies making headlines before the bell: Spotify Technology — The music streaming stock surged 13% after Spotify Technology posted second quarter earnings that topped estimates. Gross margin…
Check out the companies making headlines before the bell: CrowdStrike — The cybersecurity stock dropped 4% after Guggenheim downgraded CrowdStrike to neutral from buy, saying the company is unlikely to…
A Boeing 787 Dreamliner sits on the tarmac at Boeing Field in Seattle, Washington. Robert Sorbo | Reuters Boeing expects delayed suppliers to catch up on parts that have slowed…
