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Apple fell further on Thursday, losing about $176 billion since the start of the year, after Piper Sandler became the second brokerage this week to downgrade the stock on worries of tepid demand for its products, including the iPhone.
Hedge Fund and Insider Trading News: Christopher Hohn, Dan Sundheim, Mario Gabelli, David Tepper, Intel Corporation (INTC), Stamps.com Inc (STMP), and More A billionaire hedge-fund manager is bankrolling an unprecedented campaign to force dozens of the world’s largest companies to publish carbon-emission reduction plans and put them up for shareholder vote. Frustrated by the pace at which corporations are cutting emissions, Christopher Hohn is backing a global effort to speed things up. He is working with nonprofit groups and investor organizations to get at least 100 of the companies in th...