Ackman’s Pershing Square USA says IPO is still happening, despite NYSE delay notice The timeline for the initial public offering of billionaire investor Bill Ackman’s new investment fund Pershing Square USA appeared to get a bit hazier on Friday, according to the New York Stock Exchange — though the fund claimed it was ...
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S&P 500’s turbulent week ends with stocks rallying after inflation report U.S. stocks rebounded Friday after a turbulent week for the S&P 500.
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Why CrowdStrike is likely shielded from billions in customer losses caused by its outage The outage is believed to have caused $5.4 billion in losses for big enterprises — but various factors help insulate the cybersecurity company.
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Some of the most popular trades of 2024 are coming undone after reaching ‘stupid’ levels The selloff in U.S. semiconductor and megacap stocks has sucked up most of investors’ attention over the past couple of weeks. But they aren’t the only momentum trades that have stopped working.
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Why Charter’s stock had its best day on record after its earnings report Charter lost fewer internet subscribers than expected in the second quarter, though subscriber losses in its video business were steeper than what analysts were modeling.
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3M’s stock has its best day on record as upbeat outlook underscores fresh start The maker of Post-it Notes, Scotch tape and Command strips beat second-quarter earnings expectations and raised its full-year outlook.
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Why Zelle scams worry lawmakers so much — and how they could hurt you Victims of Zelle fraud are entitled to more reimbursement than they’re getting, lawmakers say.
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2-year Treasury yield ends at more than 5-month low after PCE inflation data U.S. government debt rallied on Friday, pushing yields broadly lower, after the Federal Reserve’s preferred inflation gauge left expectations in place for the first interest-rate cut to arrive in September.
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Paris Olympics offer a reset for sponsors after years of troubled games The Paris Summer Olympics could mark a reset for major sponsors after years of games held against the backdrop of geopolitical issues and the COVID-19 pandemic, according to branding expert Jim Andrews.
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Oil falls for the week on Gaza cease-fire hopes, economic weakness in China Oil settled lower on Friday and ended at a loss for the week, with prices weighed down by expectations of a Gaza cease-fire deal that would ease global supply concerns.
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