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News 2026-08-06 19:38 UTC

Uber Stock Is a ‘No Brainer’ for Bill Ackman After Its 2026 Selloff

Bill Ackman added a position in Uber Technologies (NYSE: UBER ) to the Pershing Square Capital Management investment fund (NYSE: PSUS ) in the first quarter of 2025. With Uber remaining one of the largest positions for the hedge fund, Ackman couldn’t help but agree with a recent social media post about the stock lookin

News 2026-07-06 13:02 UTC

Bill Ackman's Hertz Bet Faces a New Test as HTZ Flashes a Death Cross

Hertz Global Holdings Inc. (NASDAQ: HTZ ) has already lost nearly 60% of its value this year. Now, the chart is delivering another blow. The car-rental company’s stock has flashed a Death Cross —a bearish technical signal that appears when the 50-day moving average falls below the 200-day moving average. For many trade