Bill Ackman

Chipotle Mexican Grill Inc (NYSE:CMG) officially named Scott Boatwright as its permanent CEO, months after Brian Niccol's exit to Starbucks Corp (NASDAQ:SBUX). Boatwright, who joined Chipotle in 2017 and has served as interim CEO since August, is now tasked with taking the burrito giant to new...

Editor’s note: This story has been updated with additional comments tweeted by Bill Ackman. Billionaires are lining up to serve in President-elect Donald Trump‘s incoming administration, especially those eager to cut federal assistance programs. Bill Ackman is one of them. On Friday...

Pershing Square’s Bill Ackman has formally endorsed former President Donald Trump for the 2024 U.S. presidential election. His reasons largely center around national security. What To Know: Ackman has historically been a Democratic political donor. He said Wednesday on CNBC’s...

This week was a whirlwind of financial news, with billionaires clashing over political policies, renowned investors offering advice to world leaders, and economists warning against potential economic pitfalls. Let’s dive into the top stories that made headlines. Mark Cuban And Bill Ackman...

Hedge fund manager Bill Ackman and Shark Tank fame Mark Cuban find themselves in the opposite camps regarding their political allegiance. The two discussed Democratic presidential candidate Kamala Harris’ policy proposal regarding tax concessions to startups, in an exchange on X on Sunday....

Billionaire Bill Ackman detailed 33 reasons for endorsing Donald Trump over Kamala Harris, citing policy failures and concerns with the Biden/Harris administration. What Happened: Ackman, the founder and CEO of Pershing Square Capital Management, in a lengthy X post, detailed his reasons for...

“Shark Tank” fame billionaire Mark Cuban recently slammed hedge fund manager and founder of Pershing Square Capital Management Bill Ackman’s views on the candidacy of Kamala Harris. What Happened: Cuban responded to a post by Bill Ackman, which criticized Harris’s candidacy...

Recent comments by prominent figures have sparked debate over Vice President Kamala Harris‘s social media activity and public engagement. Bill Ackman, CEO of Pershing Square Capital Management, raised questions about Harris’s involvement in her own X posts during the recent presidential...

Bill Ackman, the visionary leader of Pershing Square Capital Management, is making headlines in the financial world with a potential strategic shift from a U.S. closed-end fund IPO to the potential launch of a Pershing Square Exchange-Traded Fund (ETF). The development was reported by Bloomberg...

Vice President Kamala Harris stirred up the hornet’s nest by hinting at a potential tax on unrealized capital gains and hedge-fund manager Bill Ackman on Wednesday joined the debate with his view on the same. What Happened: Ackman was responding to independent journalist Lee Fang’s...

The recent surge in retail investors has led to more people managing their own investments in stocks, ETFs, and options. But if given the choice to entrust their life savings to a well-known investor or billionaire, here’s who they would choose. What Happened: A hypothetical question proposed...

Billionaire hedge fund manager Bill Ackman strategically reduced his stake in Chipotle Mexican Grill Inc. (NYSE:CMG) just before the restaurant chain's recent stock selloff and CEO departure. Ackman’s move comes at a critical juncture, suggesting his knowledge of Chipotle’s business...

On Wednesday, the major U.S. indices closed positively, with the Dow Jones Industrial Average rising 0.6% to 40,008.39 and the S&P 500 gaining 0.4% to 5,455.21. The Nasdaq also inched up by 0.03% to 17,192.60. These are the top stocks that gained the attention of retail traders and investors...

Elon Musk, the owner of X, reported a massive DDOS attack on his social media platform ahead of a much-anticipated live conversation with former President Donald Trump. What Happened: On Monday, Musk tweeted about the cyber attack, stating, “There appears to be a massive DDOS attack on...

Restaurant Brands International Inc. (NYSE:QSR), a key holding in Bill Ackman's Pershing Square Capital portfolio, reported a mixed bag of results for its second quarter. Ackman's Pershing Square Capital, which owns 8.5% of Restaurant Brands, has the stock as its third-largest holding. The stock...