Uber Stock Surges as Ackman’s Pershing Square Builds $2 Billion Stake in Ride-Hailing Company
Uber Technologies stock is trading at a “massive discount,” Bill Ackman said Friday as he revealed that his hedge fund had ...
Dow Jones Industrial Average backslides on NFP Friday as consumer sentiment falls
The Dow Jones shed 300 points after US NFP figures missed the mark. US consumer inflation fears rose, while their outlook deteriorated. US President Donald Trump puts tariffs back on the board. The ...
Prairie Operating Co. Shares Slide on Stock Offering, Major Acquisition
Prairie Operating Co. shares declined after the oil and gas company announced a $602.75 million acquisition and a stock offering which would provide proceeds toward the deal. The stock was down 25%, ...
Treasury yields rise after consumer inflation sentiment darkens, January wages surge
U.S. Treasury yield was higher as investors assessed consumers' elevated inflation expectations and a pickup in January wage growth.
Trump could stick it to Wall Street and Silicon Valley with this tax proposal
President Trump reignited a longstanding debate over a key tax provision that benefits venture, private-equity and hedge-fund managers after announcing his intention to close the so-called ...
U.S. stock market falls Friday afternoon as Treasury yields climb
The U.S. stock market was trading lower early afternoon Friday, with all three major indexes down as Treasurys yields climbed following the jobs report and a survey on consumer sentiment. The Dow ...