Author: franperez66q@protonmail.com
Bill Ackman, chief executive officer of Pershing Square Capital Management LP, center, during the company’s initial public offering (IPO) on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, April 29, 2026. Michael Nagle | Bloomberg | Getty ImagesBill Ackman’s hedge fund Pershing Square will disclose a new position in Microsoft later in the day, the billionaire investor said on Friday, arguing that the tech giant sits at a “highly compelling valuation”.Ackman’s new closed-end fund Pershing Square USA, which debuted on the NYSE last month, has also recently made Microsoft a core holding, he…
Exclusive-Schroders to exit wholly-owned China fund management unit, sources say Source link
A zero-day exploit circulating online allows people with physical access to a Windows 11 system to bypass default BitLocker protections and gain complete access to an encrypted drive within seconds. The exploit, named YellowKey, was published earlier this week by a researcher who goes by the alias Nightmare-Eclipse. It reliably bypasses default Windows 11 deployments of BitLocker, the full-volume encryption protection Microsoft provides to make disk contents off-limits to anyone without the decryption key, which is stored in a secured piece of hardware known as a trusted platform module (TPM). BitLocker is a mandatory protection for many organizations, including those…
“Overall, UK politics is a mess, there are already signs that foreign buyers are ditching the gilt market. If there is a major rout in the pound and/or gilts in the coming days, prospective candidates may need to assess whether now was a wise time to make a move against the PM,” she said. Source link
The national flags of the United States and China hang in front of the portrait of late communist leader Mao Zedong at Tiananmen Gate in Beijing on May 15, 2026. Brendan Smialowski | Afp | Getty ImagesBEIJING — U.S. President Donald Trump’s closely watched visit to China this week has gone a long way toward strengthening a fragile trade truce with Beijing and stabilizing the bilateral relationship.While the visit was delayed by more than a month due to the Iran war, Trump’s two-day summit with Chinese President Xi Jinping wrapped up Friday with plans for another meeting this fall. Here’s…
BofA questions whether US economy faces stagflation or reflation Source link
Andrew Feldman, co-founder and chief executive officer of Cerebras Systems Inc., holds the Wafer Scale Engine 3 AI chip during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, US, on Thursday, May 14, 2026. Bloomberg | Bloomberg | Getty ImagesThe tech billionaires club has two new members after Cerebras’ blockbuster IPO lifted the chipmaker’s market cap close to $100 billion. Roughly a decade after starting Cerebras, Andrew Feldman, the company’s CEO, and technology chief Sean Lie, own stakes worth $3.2 billion and $1.7 billion, respectively. Cerebras shares soared 68% in their Nasdaq debut on Thursday,…
Josh Simons explains why he sacrificed his seat to help Andy Burnham bid to be prime minister. Source link
Defense stocks have struggled since the Iran war began after several years of solid gains, but Citi analysts say they are “reluctant” to buy the dip — even though they expect revenues to strengthen in the second half. The iShares U.S. Aerospace & Defense ETF (ITA), for example, has dropped about 10% since the start of March, when the Middle East conflict began following the joint U.S.-Israeli strike on the Islamic Republic. The S & P 500 added 8.6% over the same period. In a note published on Thursday, Citi reiterated earlier analysis of “unusual pressure” linked to a “combination…
European shares slip as inflation worries keep investors on edge Source link