- Investor's Business Daily
Pershing Square Portfolio: Bill Ackman Bets On Six High-Quality Stocks
A dive inside the Pershing Square portfolio shows Bill Ackman making a highly concentrated bet on six stocks, with simple and straightforward businesses like hotels and restaurant chains such as Chipotle Mexican Grill among the top holdings. Only one of the six holdings is a technology stock — Google-parent Alphabet. Ackman, the head of the Pershing Square hedge fund, picked up Google stock in the first quarter of 2023, when shares had fallen to a two-year low, staying true to his image as more of a value investor than many of his peers.
- Bloomberg
Modi Vows to Retain Power Even as Party Loses India Majority
(Bloomberg) -- Narendra Modi vowed to continue as India’s prime minister even after his party lost its majority in parliament, forcing him to rely on allies to form a government for the first time since he stormed to power a decade ago. Most Read from BloombergModi Vows to Retain Power Even as Party Loses India MajorityShort Sellers in Danger of Extinction After Crushing Stock GainsBonds Rally as Traders Reload Fed Bets After Data: Markets WrapMnuchin Chases Wall Street Glory With His War Chest
- Zacks
Workday (WDAY), Google Team Up to Develop AI Native Application
Workday (WDAY) integrates Google Cloud's Vertex AI and Gemini models to support enterprises with customized AI-powered application development for business-specific requirements.
