Latest Updates Around The World
US stocks fell on Monday, with heavyweight technology stocks leading the declines as uncertainty over tariffs grew after President Donald Trump announced a new 15% tariff following a Supreme Court ruling that struck down his broader levies.The Supreme Court in a 6-3 ruling on Friday overturned most of the tariffs Trump imposed last year, ruling […]
Billionaire investor Bill Ackman has told clients that his hedge fund, Pershing Square Capital Management, bought shares in Meta Platforms late last year, betting that the tech company would benefit from the rapid adoption of artificial intelligence, according to information from Reuters.Ackman and his investment team, which returned 21% last year, also announced that the […]
Retail investors bought software and technology stocks after last week’s heavy sell-off, largely brushing aside concerns that advances in artificial intelligence models could upend parts of the sector.Net inflows into BlackRock’s iShares Expanded Tech-Software Sector exchange-traded fund reached a record $176 million over a rolling one-month period as of Monday’s close, according to data compiled […]
