Stake

Money

Hertz Stock Soars as Billionaire Bill Ackman’s Pershing Square Discloses Stake

Key Takeaways Hertz shares soared 56% Wednesday after billionaire Bill Ackman’s investment firm disclosed a sizable stake in the struggling…

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Money

HP Enterprise Stock Jumps as Activist Elliott Builds $1.5B Stake

Key Takeaways Hewlett Packard Enterprise shares surged Tuesday after Bloomberg reported activist investor Elliott Investment Management built a $1.5 billion stake in…

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Tech

FTC v. Meta Trial: The Future of Instagram and WhatsApp Is at Stake

The US Federal Trade Commission’s trial against Meta begins in Washington, DC on Monday, as the tech giant fights to…

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Sports

What’s at stake in the West? Biggest matchups, storylines for NBA playoffs

We’re now in the last days of the 2024-25 NBA regular season, and teams across the league are preparing for…

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TV-Film

News Corp Takes DAZN Stake as Foxtel Sale Closes

News Corp has completed the sale of Australian media company Foxtel Group to DAZN Group, the companies said on Wednesday.…

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Money

WR Berkley Stock Surges to Record High as Japan’s MSI Plans to Take 15% Stake

Key Takeaways Shares of W.R. Berkley Corp. set a new record high Friday after the insurance firm said a Japanese…

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Money

Wynn Resorts Stock Rises as Billionaire Investor Tilman Fertitta Increases Stake

Key Takeaways Shares of Wynn Resorts advanced Tuesday as billionaire and top stakeholder Tilman Fertitta purchased more shares. A security…

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Money

Intel Stock Jumps as TSMC Eyes Foundry Stake With Nvidia, Others, Report Says

KEY TAKEAWAYS Shares of Intel are jumping more than 7% in premarket trading Wednesday following a report that TSMC has…

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Money

R.I.P. CFPB? What’s At Stake If the Watchdog Agency Goes Dark

Stalled lawsuits. Halted supervision and oversight. Suspended workforce. The Consumer Financial Protection Bureau is in the midst of a complete…

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Sports

College football’s credibility at stake as Big Ten, SEC aim to tighten stranglehold on playoff access

Even before Knute Rockne began breaking out the forward pass as a secret weapon, college football’s biggest advantage was its…

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