Instead of critiquing the passive trend, Ackman hopes to capitalize on it. “High levels of passive flows increase the importance of index inclusion,” Ackman said, adding that “Pershing Square is ...

Billionaire Bill Ackman, the CEO of Pershing Square Capital Management, is known for investing in cash-flowing consumer ...

Uber has set its gross bookings forecast between $42.0 billion and $43.5 billion for the current quarter. Analyst expectations were closer to the higher end of that range. The company also projects ...

Tariffs on steel and aluminum could raise the price of new cars by $2,000, and erode the profits of U.S.-based auto makers.

Billionaire Bill Ackman is the CEO of Pershing Square Capital Management, a hedge fund that returned 191% in the last five ...

Many business executives were thrilled at the prospect of a pro-growth administration when Donald Trump won the presidential ...

Uber Technologies is enjoying strong gross bookings growth, with mobility and delivery both rising 18% from last year. The ...

Uber's robust business model, scale, and network effects provide a competitive edge. Read why I upgrade UBER stock from buy ...

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Find insight on Uber, Porsche, WeRide, Maersk, U.S. tariffs and more in the latest Market Talks covering Auto and Transport.

Shares of ride sharing and on-demand delivery platform Uber (NYSE:UBER) jumped 9.5% in the afternoon session after famous ...

Shares of the ride-sharing giant Uber Technologies (NYSE: UBER) rose nearly 9%, as of 12:38 p.m. ET today, after billionaire ...