Bill Ackman’s $64 billion Universal Music play is part of his strategy to become the next Warren Buffett
Billionaire investor Bill Ackman’s hedge fund, Pershing Square Capital, is planning to buy Universal Music Group (UMG), the world’s largest music company, which represents artists including Taylor Swift, Bad Bunny, Bob Dylan, and the Beatles.
The $64 billion pitch announced Tuesday is Ackman’s latest move to turn Pershing into a “modern-day” Berkshire Hathaway and make Ackman the next Warren Buffett.
Read MoreDow futures jump 600 points, oil tumbles after Trump suspends Iran attack for two weeks: Live updates
Traders work on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York City on April 7, 2026.
Charly Triballeau | Afp | Getty Images
U.S. stock futures jumped after President Donald Trump said he was suspending Iran attacks for two weeks just ahead of his 8 p.m.
Dow futures jump over 400 points on hopes of last minute Iran deal; Oil prices fall
Futures on Wall Street have surged after the close of regular trading on Tuesday, April 7, local time, on hopes of a last minute deal or extension of the deadline given by US President Donald Trump, before the US attacks civilian infrastructure in Iran.
The Dow futures surged as much as 400 points,
Read MoreWhy Better Home & Finance Holding Stock Trounced the Market on Tuesday
Better Home & Finance Holding (BETR +12.12%) continues to accumulate financial resources for its core activity, and investors were there for it on Tuesday. They collectively lifted the stock’s price by over 11% that trading session, which easily beat the essentially flat trajectory of the bellwether S&P 500 index.
» Read more about: Why Better Home & Finance Holding Stock Trounced the Market on Tuesday »
Read MoreUS Stock Market Live Updates | Dow, Nasdaq futures fall on US-Iran ceasefire uncertainty; inflation in focus
US Stock Market Live Updates | US stock futures slipped on Thursday, giving up part of the previous session’s sharp gains, as investors tracked developments around the fragile US-Iran ceasefire and rising oil prices.
Futures linked to the S&P 500 and Nasdaq 100 fell 0.3% and 0.2%, respectively, while Dow Jones Industrial Average futures dropped 175 points,
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The Burst
Cyber Woes Crushed This Stock But Growth Story Still Intact
HealthEquity (NASDAQ:HQY) is a fintech company that acts as an administrator of health savings accounts. It’s the largest HSA custodian in the United States and has seen its stock price move rapidly upward over the last five years as these plans became more popular.
That run, however, has abruptly reversed in recent weeks.
» Read more about: Cyber Woes Crushed This Stock But Growth Story Still Intact »
Read MoreThe Ivy
Why Lyft Might Be The Highest Potential Stock Now
In the world of rideshare investing, Uber tends to get all the attention. And with autonomous driving hype swirling around Tesla, it’s easy to overlook the other major U.S. player in the space. But if you’re willing to dig deeper, Lyft (NASDAQ: LYFT) might just be one of the market’s most overlooked opportunities.
Key Points
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Lyft targets the $59.2B U.S.
» Read more about: Why Lyft Might Be The Highest Potential Stock Now »
Read MoreThe Spotlight
Did Bearish Bets Hint At Trump Assassination Plot?
In the realm of conspiracy theories, one that ranks higher than others because of actual data available is the bearish put option bets on airlines prior to 9/11. This article in particular revealed a deep dive into what happened to the stock options of airline stocks just before the 9-11 attacks in 2001.
» Read more about: Did Bearish Bets Hint At Trump Assassination Plot? »