Bill Ackman

Wall Street is wary of Mamdani as mayor, but ready to cooperate

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Wall Street is wary of Mamdani as mayor, but ready to cooperate

Anirban Sen, Suzanne McGee and Lananh Nguyen NEW YORK (Reuters) – Wall Street and the financial industry are deeply concerned about front-runner Zohran Mamdani becoming mayor of New York, but many expect him to downsize as he prepares to run alongside him. Mamdani’s policies include a variety of taxes on New York’s wealthiest people, a … Read more

“Time in stock,” says Bill Ackman, who pulled the Amazon Stock (Amzn) trigger (amzn)

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“Time in stock,” says Bill Ackman, who pulled the Amazon Stock (Amzn) trigger (amzn)

Bill Ackman again accumulates waves-it Pershing Square Capital Management just made the bold bet Amazon (Amzn), increasing almost $ 1 billion in quarter in quarter. The BlockBuster step occurs at a time when Amazon is under pressure from tariffs, AWS growth and fierce AIA competition-Audit, stretching up to a year. The aggressive performance of Ackman … Read more