Browsing: Investors
Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together
Staying at one company for decades was once a badge of honor. But as layoffs have become more common and…
SpaceX’s blockbuster IPO did more than turn Elon Musk’s rocket company into one of the world’s most valuable businesses. Investors…
LVMH CEO Bernard Arnault reveals he owned nearly 20% of Netflix, but cashed out too early
Bernard Arnault has made a series of successful buy-ins that have catapulted his wealth to new heights, including the likes…
SpaceX is quietly building an AI compute business that may become key to its eye-popping valuation
Under pressure by analysts to justify its eye-popping valuation, SpaceX is diversifying beyond rockets and satellites to a seemingly innocuous…
Red Lobster shareholders allege its endless shrimp disaster was a plot to squeeze it for profits
Red Lobsters’ infamous $20 “Ultimate Endless Shrimp” promotion nearly sank the restaurant chain, now shareholders are alleging the promotion was…
A handful of billionaires own the Knicks. A few private equity firms own slices of the rest of the league.…
Bank of America told investors to “take profits” on June 5, and many of them did. Savita Subramanian’s strategy team…
Wall Street dumped nearly $1 trillion in tech stocks by midday—then bought peanut butter and paint
Today, the Nasdaq Composite looked like a V: down more than 4% by lunchtime, closing off just 1%. Nobody knows…
The S&P 500 dropped 1.7% after careening between an early gain of 1% and a loss of 2.3%, sinking further…
On Friday, the Nasdaq had its worst session in a year. By Monday it all seemed like a bad dream.…












