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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 still moving ahead with the offering.

Sat Jul 27, 2024 02:59
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.

Sat Jul 27, 2024 02:29
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.

Sat Jul 27, 2024 00:30
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.

Sat Jul 27, 2024 00:30
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.

Sat Jul 27, 2024 00:01
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.

Sat Jul 27, 2024 00:01

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