Bill Ackman

Hertz Global Holdings Inc (NASDAQ:HTZ) stock floored the gas pedal Wednesday morning, soaring over 25% in pre-market trading after hedge fund billionaire Bill Ackman threw his weight behind the embattled car rental firm. Ackman's Pershing Square Capital Management disclosed a fresh stake of 12.7...

Hertz Global Holdings Inc (NASDAQ:HTZ) shares are soaring in early trading Wednesday after Pershing Square Capital Management reported a significant stake in the company. What Happened: Bill Ackman’s Pershing Square filed an amended 13F with the SEC on Wednesday, showing that the firm...

The past week was a rollercoaster ride for the financial markets, with President Donald Trump’s trade decisions taking center stage. Wall Street saw a significant bounce back from session lows following Trump’s optimistic remarks about a potential China deal. The President’s...

Billionaire investor Bill Ackman has attributed the recent dramatic volatility across rates, currencies, and equities to “forced selling” by highly leveraged market participants, rather than fundamental economic shifts. What Happened: In an X post, Ackman argued that investors and...

Renowned economist Peter Schiff has delivered a scathing assessment of President Donald Trump‘s recent tariff policy, comparing the rollout and the subsequent pause to the catastrophic failure of the 1937 Hindenburg airship disaster. What Happened: In a post on X post, Schiff argued that...

Hedge fund titan Bill Ackman’s Pershing Square Holdings, a closed-end fund listed on the London Stock Exchange, is down 14% year-to-date, owing to tariff-related market volatility. The losses, however, have only been calculated through April 8th, and don’t include the massive rally on...

President Donald Trump's surprise 90-day pause on his aggressive tariff plan, announced Wednesday via social media, sparked immediate reactions from major business and economic figures. Here’s what they said. Bill Ackman Billionaire hedge fund manager Bill Ackman, in a post on X, wrote, "This...

Billionaire investor Bill Ackman and CEO of Pershing Square Capital Management on Wednesday praised President Donald Trump's decision to place a 90-day pause on tariffs for countries that have not retaliated against U.S. trade measures. The president also hiked tariffs on China to 125%, effective...

Andrew Beal, the billionaire founder and owner of Beal Financial Corporation, has publicly supported President Donald Trump‘s contentious tariff policies, despite the resulting upheaval in the financial markets. What Happened: Beal, in an exclusive interview with MarketWatch on Monday,...

Billionaire Investor Bill Ackman has criticized Commerce Secretary Howard Lutnick of having a conflict of interest and being “indifferent” toward the stock market selloff induced by the introduction of tariffs because of the latter’s fund, Cantor Fitzgerald LP’s exposure to...

Billionaire investor Bill Ackman and CEO of Pershing Square Capital Management, warned Sunday that President Donald Trump‘s sweeping tariff policies are damaging market confidence during a historic global selloff. What Happened: “To state the obvious, it does not help our country’...

CNBC host Jim Cramer made a series of posts on X over the weekend warning of another ‘Black Monday’ when the markets reopen on April 7th, in response to the tariffs imposed by the Trump administration. What Happened: The former hedge fund manager drew parallels between the current...

Bill Ackman, a prominent investor, expressed concerns over the U.S. tariff policies in a social media post on Sunday. Ackman highlighted the potential economic repercussions of escalating tariffs under President Donald Trump. What Happened: He said on X that while the nation supports the...

Ross Gerber, the president and CEO of Gerber Kawasaki Wealth & Investment Management and chess champion, Gary Kasparov, have publicly criticized Bill Ackman for his defense of President Donald Trump‘s trade war strategies. What Happened: On Thursday, Gerber responded to a post on X by...

As global markets shed $2 trillion in value following President Donald Trump‘s sweeping reciprocal tariffs, billionaire investor Bill Ackman offered pointed advice to foreign leaders. What Happened: “My advice to foreign leaders is that if you have not already reached out to President...