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The Latest Breaking News from Pershing Square

Top hedge funds make record $67bn in profits for 2023

Profits boom at top 20 funds including TCI, Citadel, Viking and Pershing Square thanks to rebound in stock markets

The Guardian - UK

Bill Ackman blasts Harvard diversity policy in 4,000 word essay

The Pershing Square CEO, himself a Havard alumnus, posted a 4,000 missive on X in which he called for overhaul of university’s board

The Independent UK

With Harvard’s Gay gone, billionaire speculator Bill Ackman shifts crosshairs to MIT president—and DEI

The activist investor behind the Pershing Square hedge fund blames diversity, equity, and inclusion policies for the spread of anti-Semitism on college campuses.

Fortune

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X struggling to win advertisers back after Elon Musk’s profane outburst

X plans to cater to small and medium-sized businesses as big advertisers pull their dollars

The Guardian - US

‘Humanity is on a rapid path to oblivion’: Billionaire investor Bill Ackman urges Mark Zuckerberg and Elon Musk to stop amplifying hate for dollars

The Pershing Square hedge fund manager warns social media has been amplifying hate for years to boost engagement and keep users scrolling through their sites.

Fortune

Hedge fund billionaire Bill Ackman lays down his investing ‘commandments’

“We want to buy the best businesses in the world.”

Fortune

Bill Ackman Says ‘Huge Loss’ If This Wall Street Titan Does Not Run In 2024 Presidential Race

Pershing Square founder Bill Ackman made headlines recently for supporting a debate between Democratic Presidential primary candidate Robert F

Zenger

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Ackman Supports Supreme Court Decision On Student Loan Forgiveness

Pershing Square founder calls for recalculating loan balances and improving borrower disclosures.

Zenger

Bill Ackman says Carl Icahn's investment firm is giving him Archegos vibes

Personal loans secured against the value of Icahn's ownership in his own investment firm could prove highly unstable, the Pershing Square founder warns.

Fortune

Pershing Square's Bill Ackman Weighs In Following Scorching Inflation Data

Consumer price inflation data set a new 40-year high in June, according to the U.S. Labor Department.

Benzinga

US hedge fund billionaire sells Netflix stake at huge loss

Bill Ackman’s Pershing Square fund dumps 7% stake for $400m loss after streaming service’s value plunges

The Guardian - UK

Bill Ackman Exits Netflix Stock After $400M Loss

Bill Ackman’s Pershing Square Capital Management exited its position in Netflix (NASDAQ: NFLX) on Wednesday, the billionaire hedge fund manager told shareholders in a letter.

Benzinga

Bill Ackman Is The Latest High-Profile Short Seller To Abandon Bearish Bets

On Tuesday, hedge fund investor and Pershing Square Holdings Ltd (OTC: PSHZF) CEO Bill Ackman told investors he will no longer be participating in activist short selling campaigns.

Benzinga

Why Netflix Shares Are Rising Today

Netflix Inc (NASDAQ: NFLX) is trading higher Thursday morning after Pershing Square's Bill Ackman announced he bought more than 3.1 million shares of the streaming giant, making Pershing Square a top-20 shareholder in the company.

Benzinga

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news in one place.

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Benzinga

Bill Ackman Buys Large Netflix Stake: Here's Why He's Bullish

Hedge fund investor and Pershing Square Capital Management CEO Bill Ackman announced a new large purchase Wednesday, causing a bump in the share price of streaming giant Netflix Inc (NASDAQ: NFLX).

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