(Bloomberg) — Elon Musk vehemently denounced the “deceptive” media reports accusing him of antisemitism, delivering his most forceful rebuttal yet after endorsing antisemitic material in a post on X that incited outrage and drove away advertisers such as Apple Inc. The controversy erupted last week when the billionaire Tesla Inc. CEO and X-owner sided with …
(Bloomberg) — In a controversial turn of events, hedge fund manager Bill Ackman has come to the defense of Elon Musk as major advertisers pull ads from the social media site X due to alleged antisemitic commentary. Most Read from Bloomberg Elon Musk faced backlash after endorsing a post that made derogatory comments about the …
I despise the phenomenon of CEO virtue-signaling. It often feels insincere and leads to negative consequences. However, under the current circumstances, with Israel facing potential annihilation following a horrific terrorist attack, it may be a suitable time for such displays, even if they are performative. In an odd twist, corporate America has been unusually reserved …
Pershing Square’s Bill Ackman expressed concerns about the economy on Monday, suggesting that it has begun to slow down due to aggressive rate hikes. Ackman stated on CNBC’s “Squawk Box” that “[T]he Fed is probably done. I think the economy is starting to slow. The level of real interest rates is high enough to slow …
Billionaire investor Bill Ackman expressed his interest in a potential transaction with X, which was previously known as Twitter, in an interview with the Wall Street Journal. Ackman’s Pershing Square SPARC Holdings Ltd, an affiliate of Pershing Square Tontine Holdings Ltd, has received regulatory approval from US regulators to pursue business combinations with privately-held companies. …
Billionaire hedge fund manager Bill Ackman believes long-term Treasury yields can soar even higher in the short run due to persistent inflation. “I wouldn’t be surprised to see 30-year rates surpass the 5% mark, and we may see the 10-year approach 5% as well,” he revealed during an interview at the CNBC Delivering Alpha Investor …
Vivek Ramaswamy’s Asset Management Fund Surpasses $1 Billion in Assets Republican Presidential Candidate Vivek Ramaswamy’s “Anti-Woke” Asset Management Fund Reaches $1 Billion in Assets Vivek Ramaswamy, a Republican presidential candidate, has achieved a significant milestone with his asset management fund. The Ohio-based firm, Strive, has surpassed $1 billion in assets under management. Strive differentiates itself …
Bill Ackman, founder and CEO of Pershing Square Capital Management. Adam Jeffery | CNBC Billionaire hedge fund chief Bill Ackman made a donation of $3,300 to Democrat and anti-vaccine presidential candidate Robert F. Kennedy Jr.’s campaign during the second quarter, as per a Federal Election Commission filing. Ackman’s donation came shortly after he publicly supported …
Bill Ackman, the CEO of Pershing Square Capital and a prominent hedge fund chief, made headlines in 2021 when he criticized the delay in Covid vaccinations for older Americans, calling it “genocide.” However, his recent Twitter activity has raised concerns among his colleagues on Wall Street. Ackman has been sharing and endorsing the anti-vaccine views …