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The Latest Breaking News from Bill Ackman

Bill Ackman's Bet on Beleaguered Hertz is Up 90% as Stock Jumps 35% After First Profits in Two Years

Bill Ackman's Pershing Square has bought over 15.2 million Hertz shares since Q4 2024, with profits exceeding 90% after the company reports its first profits in two years.

International Business Times UK

From Jamie Dimon to Bill Ackman, Wall Street's billionaires are now changing their tune and offering to help Zohran Mamdani

Over $22 million was spent by billionaires to prevent the democratic socialist from becoming mayor-elect, estimates say.

Fortune

Zohran Mamdani's Historic Victory Earns Him Congratulations From Bill Ackman, Bernie Sanders — Trump Wasn't 'On The Ballot,' Says President

President Donald Trump blamed GOP losses on his absence from the ballot and the drag of a prolonged federal shutdown as Democrats notched a string of high-profile wins on Tuesday, as Zohran Mamdani captured the New York City mayoralty, Abigail Spanberger (D-Va.) won Virginia's governorship and Mikie Sherrill flipped New…

Benzinga

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Bill Ackman's Hertz Stake Is Starting To Look Like His Next Chipotle Moment

When billionaire Bill Ackman quietly built a $104 million position in Hertz Global Holdings Inc. (NASDAQ:HTZ) this summer, few noticed. It was a small 0.76% slice of Pershing Square Capital's portfolio — easy to miss next to his billion-dollar stakes in Chipotle Mexican Grill Inc (NYSE:CMG) and Hilton Hotels Corp…

Benzinga

Bill Ackman's Top Pick Uber On Radar As Investors Eye $49 Billion Gross Bookings Target In Q3

Uber Technologies Inc. (NYSE:UBER) is in the spotlight as it prepares to report its third-quarter 2025 earnings before the opening bell on Tuesday, with investors closely watching whether the company can meet the aggressive financial targets set by its leadership.

Benzinga

Trump Endorses Andrew Cuomo For Mayor, Warns Of 'Total Economic And Social Disaster' If Zohran Mamdani Wins

President Donald Trump endorsed former New York Gov. Andrew Cuomo for mayor, warning that the city would face collapse if Democratic socialist Zohran Mamdani wins.

Benzinga

It’s clear why Zohran Mamdani is leading in the New York mayoral race

There’s a clarity about Mamdani’s message that stands in sharp contrast to most Democratic politicians

The Guardian - US

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Bill Ackman's Google Trade Is Crushing It—Up $1.3 Billion And Climbing

Legendary investor Bill Ackman has bet big on Alphabet Inc (NASDAQ:GOOG)(NASDAQ:GOOGL) over the last two years, with a stake unveiled in 2023. The initial stake and increased position size in the Google parent have paid off nicely for Ackman since the end of the second quarter.

Benzinga

Candace Owens calls out Trump for apparently ignoring the investigation into Charlie Kirk’s death

MAGA influencer Candace Owens has made a rare criticism of President Donald Trump’s administration, arguing the “full story” will never be revealed on Charlie Kirk’s death

The Independent UK

Meet the billionaires spending over six figures to stop Zohran Mamdani from becoming New York's next mayor, from Michael Bloomberg to Bill Ackman

A reported 26 billionaires and rich families have spent at least $100,000 to support independent candidate Andrew Cuomo.

Fortune

Nvidia, Alphabet, Meta, Microsoft Are 'Big Winners' With Rising Earnings Revisions, Says Gary Black Ahead Of Earnings

As the tech world braces for a flurry of earnings reports from the Magnificent 7 companies this week, market expert Gary Black has identified Nvidia Corp., Alphabet Inc., Meta Platforms Inc., and Microsoft Corp. as the clear “big winners” based on rising year-to-date earnings revisions.

Benzinga

Kevin O'Leary Warns Young Entrepreneurs: 'If All You Do Is Sit And Worry And You Don't Start, You'll Never Get There'

Investor and Shark Tank star Kevin O'Leary is urging young entrepreneurs to ditch fear and embrace failure, saying real founders take risks even when the economy looks uncertain.

Benzinga

Is Candace Owens 'Secretly' Working With Erika Kirk? Theory Claims They're Hiding Truth About Charlie's Death

Is Candace Owens secretly working with Erika Kirk? Explore the shocking theory claiming they're hiding the truth about Charlie Kirk's death, despite public rebukes.

International Business Times UK

The racism and Islamophobia behind many of the attacks on Zohran Mamdani

Critics of the Democratic nominee for NYC mayor have called him everything from ‘jihadist candidate’ to ‘terrorist sympathizer’

The Guardian - US

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Benzinga

Nancy Pelosi, Bill Ackman Align On These 2 Stocks – Here's What They Know

Two of the most well-known figures whose trades are tracked by Wall Street are former Speaker of the House Nancy Pelosi (D-Calif.) and Pershing Square Capital Management CEO Bill Ackman. When it comes to stocks owned by the two figures, they have two in common, including one of the top-performing…

Reason

Is Republican Nominee Curtis Sliwa a Spoiler in NYC?

Desperate New York influencers try to shame the longtime local activist out of the mayoral race, so that a disgraced former governor can again lose to Zohran Mamdani

Axios

Trump treats Bill Ackman, Steve Wynn and other big donors to White House dinner

The dinner illustrates how Trump rewards mega-donors who are aligned with his political agenda and interests.

Benzinga

Bill Ackman Says Mamdani Would 'Destroy The City' If Elected, But Trump Has The Country's Back

Pershing Square‘s Bill Ackman believes New York City will face wide-ranging consequences if Democratic mayoral candidate Zohran Mamdani wins the election, but he’s still optimistic on America as a whole under President Donald Trump.

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Benzinga

Trump May Finally Take Freddie And Fannie Public, Says Bill Pulte: No Limit To 'What They Could Be Worth' With $7 Trillion In Assets

President Donald Trump is evaluating plans to take mortgage giants Federal National Mortgage Association (OTC:FNMA), or Fannie Mae, and Federal Home Loan Mortgage Corp (OTC:FMCC), or Freddie Mac, according to Bill Pulte, the Director of the Federal Housing Finance Agency.

Fortune

Billionaire Bill Ackman says he doesn’t like ‘wasting money’—he’ll even drive elsewhere for cheaper garages, despite once owning a parking company

Pershing Square Capital founder Bill Ackman, worth $8.4 billion, turns off every light and gets upset at wasting money on the little things. Warren Buffett and Lucy Guo agree they hate blowing cash on unnecessary luxuries.

International Business Times UK

'Best Time to Get Rich Is During Chaos!': Why Kevin O'Leary Says Trump's Trade Turmoil Is a Goldmine

Kevin O'Leary believes President Donald Trump's tariffs are a headache, but some of America's greatest businesses were founded during major recessions, trade wars, and even a real-estate meltdown.

Benzinga

Bill Ackman Reportedly Donates $1 Million To Super PAC Opposing Zohran Mamdani's NYC Mayoral Run

Bill Ackman, a billionaire hedge fund investor and an ally of President Donald Trump, has reportedly made a significant donation to a super PAC opposing the mayoral campaign of Zohran Mamdani, a Democratic socialist.

Benzinga

Zohran Mamdani Walks Back 'Wicked And Corrupt' Police Remarks, Apologizes To NYPD As Mayoral Race Heats Up

New York City mayoral candidate Zohran Mamdani publicly apologized to the New York City Police Department this week, marking a sharp reversal from his earlier calls to defund and dismantle the department during the 2020 protests over police brutality.

Benzinga

Bill Ackman's Amazon Bet Is Bleeding—Down $25 Million Since Q2

Pershing Square Capital Management CEO Bill Ackman increased his bets on two Magnificent 7 stocks in the second quarter, taking a new stake in one and raising his holdings in another.

Benzinga

NYC Mayor Eric Adams Creates America's First-Ever Municipal Office For Crypto And Blockchain

New York City Mayor Eric Adams launched the country’s first city-level office of cryptocurrencies and blockchains on Tuesday.

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