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REVEALED: 18 | Vintage Vibes

Morning Brief: Top Financial Stories Dominating on Wednesday, June 15

Reuters Warner Bros Discovery To Undergo Major Global Ad Sales Team Restructuring

Benzinga

Ahead of FOMC Decision, Bill Ackman Has This Advice For The Fed

Hedge fund investor and Pershing Square Capital Management CEO Bill Ackman has a word of advice for the U.S. Federal Reserve, which is due to announce its interest rate decision on Wednesday after a two-day meeting of its monetary policy arm.

Benzinga

Why Bill Ackman's Got A Bone To Pick With The Fed

One hedge fund manager took to Twitter Inc (NYSE: TWTR) on Tuesday to express serious inflation concerns and the potential consequences of inaction.

Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

Was Terra (LUNA) A Pyramid Scheme? Here's What Bill Ackman Says

The collapse of cryptocurrency Terra has been one of the most talked-about topics in the crypto world over the past few weeks. A famous hedge fund manager weighed in with his take on the situation and offered up a harsh comparison.

Benzinga

Netflix cuts 150 US jobs after subscriber fall and share price slump

Streaming platform admits that slowing revenue growth led to decision

Evening Standard

Investors should take a cautious approach to THG takeover talk

The retailer continues to make the simple business of selling stuff online sound complicated

The Guardian - UK

Morning Brief: Top Financial Stories Dominating on Thursday, April 21

CNBC Ford Unveils Lincoln Star Electric SUV Concept

Benzinga

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Hedge fund boss Bill Ackman takes £300 million hit dumping Netflix stake

Film streaming company had said it lost 200,000 subscribers in the first three months of the year

Evening Standard

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

Here's How Much Reed Hastings, Bill Ackman And Baillie Gifford Lost On The Netflix Plunge

Netflix Inc (NASDAQ: NFLX) subscriber base had been steadily increasing for more than a decade, until the company announced first-quarter earnings on Tuesday, revealin

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

How To Get Rich When The Stock Market Drops

Volatility in global financial markets triggered by the conflict in Ukraine has investors concerned about a potential U.S. recession in 2022. The SPDR S&P 500 ETF Trust (NYSE: SPY) is down more than 10% year-to-date, while WTI crude oil prices have risen to 13-year highs.

Benzinga

Bill Ackman Wants Biden To Do More In Fight Against Russia; Says It's Time To Show 'What America Stands For'

Hedge fund manager Bill Ackman took to Twitter Inc (NYSE: TWTR) Monday morning to share his advice for President Joe Biden on what could be done to respond to the Russian invasion of Ukraine.

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).

Fortune

Have Activist Investors Finally Lost Their Luster?

Trust is the foundation of American capitalism. Many activist investors have damaged that faith.

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