Key Words: ‘An unmatched business model’: Why Bill Ackman’s Pershing Square spent $1 billion on Alphabet stock

A selloff in Alphabet shares fueled by AI fears offered Bill Ackman’s Pershing Square Capital Management an “attractive” entry point into the stock.

Previous post : 3M’s stock falls toward 10-year low after Dutch minister holds company liable for PFAS damage
Next post : Yellen says she’s worried about ‘substantial financial-market distress’ even when there’s a debt-ceiling deal