Home Strategy Business Bill Ackman claims firm made $2.6bn betting on coronavirus outbreak

Bill Ackman claims firm made $2.6bn betting on coronavirus outbreak

The hedge fund manager Bill Ackman has claimed his firm made $2.6bn (£2.2bn) betting that the coronavirus outbreak would cause a market crash, barely a week after warning that hell is coming for US companies.
Ackman took advantage of bond market turmoil to m…
Read More

Must Read

How to Sell Your Promissory Note

Because it's a form of investment people buy mortgage notes. The notice is similar to a bond there's absolutely no security necessary for...

AMD stock upgraded at Susquehanna after earnings

Susquehanna analyst Christopher Rolland upgraded shares of Advanced Micro Devices Inc. AMD, -1.97% to positive from neutral on Wednesday, following the chip company's better-than-expected earni…

GM shares jump 3.8% premarket after car maker posts smaller-than-expected loss, revenue beat

General Motors Co. shares GM, +2.45% rose 3.8% in premarket trade Wednesday, after the car maker posted a smaller-than-expected loss for the second quarter and sales that topped estimates. The …

Here are five value-stock picks that set up your portfolio for a pandemic recovery

If you really want to call yourself a contrarian investor, its time for a hard look at what hasnt worked so far this year value stocks and dividend stocks.Value stocks have greatly underperformed gro…

Big Tech’s investments raise fear of the invest-and-copy

Big Tech’s investments raise fear of the invest-and-copy