Bill Ackman, CEO of Pershing Square Capital Management, speaking at the Delivering Alpha conference in New York City on Sept. 28, 2023.Adam Jeffery | CNBCHedge fund manager Bill Ackman is looking to raise $2 billion in the initial public offering of Pershing Square USA, with 40 million shares priced at...
Category: Investing
Top Wall Street analysts suggest these dividend stocks for enhanced returns
The U.S. stock market has been volatile as of late, as traders grapple with earnings season and the upcoming elections, but dividend-paying stocks may help investors smooth out the ride in their portfolios.Investors seeking solid dividend payers can rely on top-ranked Wall Street analysts, who make recommendations after thoroughly analyzing...
Spot ether ETFs are set to trade Tuesday. Here’s what it means for the Ethereum blockchain
Nurphoto | Nurphoto | Getty ImagesSpot ether exchange traded funds are set to begin trading on Tuesday. Crypto enthusiasts are hopeful it will broaden the investor base for Ethereum, a blockchain technology many argue has a far wider use case than bitcoin. These ETFs will invest directly in ether, which is the...
NextEra considers restarting Iowa nuclear plant amid rising demand for carbon-free energy
Pavlo Gonchar | SOPA Images | Lightrocket | Getty ImagesNextEra Energy is considering restarting a nuclear plant in Iowa as demand for carbon-free energy grows amid a historic surge in electricity consumption.The Duane Arnold Energy Center in Palo, Iowa ceased operations in 2020 after 45 years of service. NextEra CEO...
IMF sees ‘bumps’ in path to lower inflation
The International Monetary Fund warned Tuesday that upside risks to inflation have increased, calling into question the prospect of multiple Federal Reserve interest rate cuts this year. In its latest World Economic Outlook update, the IMF said "the momentum on global disinflation is slowing, signaling bumps along the path." The rise...