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Top News In தொடர்கிறது சதுரம் மூலதனம் Today - Breaking & Trending Today

DAILY DOSE: March 15, 2021

DAILY DOSE: March 15, 2021
Posted on 03/15/2021
1. Billionaire hedge fund investor Bill Ackman said he donated his entire stake in Coupang, worth more than US$ 1 billion, to charity following the South Korean e-commerce company’s IPO last week. Ackman runs the Pershing Square Capital Management. Ackman invested his personal money in Coupang.
2. Tesla, Inc. has officially given CEO Elon Musk the title of “Technoking of Tesla” in a new regulatory filing. Musk will retain his position as chief executive officer, Tesla said. Zach Kirkhorn, the company’s chief financial officer, has also been given a new title: “Master of Coin.”
3. In a recent TV interview, White House Council of Economic Advisers Chair Rouse says there is a small risk of inflation after the COVID relief plan, but will be watching. ....

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5 Cyclical Companies Popular Among Gurus

5 Cyclical Companies Popular Among Gurus
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Reddit Is Convinced It Knows Bill Ackman's SPAC Target. Ackman Is Paying Attention.

Reddit Is Convinced It Knows Bill Ackman's SPAC Target. Ackman Is Paying Attention.
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Hedge Fund and Insider Trading News: Leon Cooperman, Thomas Sandell, Marc Lasry, Mario Gabelli, Agree Realty Corporation (ADC), Abbvie Inc (ABBV), and More

Hedge Fund and Insider Trading News: Leon Cooperman, Thomas Sandell, Marc Lasry, Mario Gabelli, Agree Realty Corporation (ADC), Abbvie Inc (ABBV), and More
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Real Estate Embraces SPACs to Take Proptech Startups Public

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From left: Fifth Wall’s Brendan Wallace, Tishman Speyer’s Rob Speyer, Social Capital’s Chamath Palihapitiya, Cantor Fitzgerald’s Howard Lutnick, Pershing Square Capital’s Bill Ackman and Opendoor’s Eric Wu
When Fifth Wall Ventures decided to jump into the SPAC market in January, it targeted a raise of $250 million to take a startup public.
Within three weeks, it upsized the offering twice before the new blank-check firm closed its $345 million IPO on Feb. 9. “There was a lot of public demand,” a euphoric-looking Brendan Wallace, the venture firm’s co-founder, said during a video call after the IPO. ....

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