Category: Investor

Analysis: Elite investors accessing Trump briefings is everything that’s wrong with the stock market

At the time, Trump was assuring Americans on Twitter that the coronavirus was “very much under control” and claiming the stock market was “starting to look very good to me!”

Word of private uncertainties held by US officials quickly spread to elite investors via a hedge fund consultant, the Times reported. That intel gave these traders a crucial leg up on common investors, allowing them to make timely bets that stocks would drop.

“Short everything” was the reaction of one major investor briefed on the memo from the hedge fund consultant, the Times said.

Elizabeth Warren slams Disney for laying off thousands of workers after awarding fat executive pay packages
By March 11, the S&P 500
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Billionaire investor Bill Ackman offers new hints on possible targets for his record-breaking SPAC


  • Pershing Square Tontine is looking at employee-owned and family-controlled businesses as potential targets for a merger, Bill Ackman said in an interview with investor Whitney Tilson.
  • The billionaire investor previously indicated his special-purpose acquisition company, or SPAC, was eyeing “mature unicorns” and “high-quality, venture-backed businesses” as takeover targets.
  • Ackman added that he limited the size of his blank-check firm to avoid shrinking the pool of merger candidates.
  • The SPAC aims to take a minority stake in a company worth between $10 billion to $15 billion, the billionaire investor said.
  • Visit the Business Insider homepage for more stories
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Activist investor to Disney: Double streaming content budget

Walt Disney Co. has already made a high-stakes bet to transform itself into a streaming video giant with Disney+. Now, with the COVID-19 pandemic still ravaging the entertainment industry, one of the most prominent activist investors is telling the company to double down.

Daniel Loeb, founder of hedge fund Third Point, wrote in a Wednesday letter to Disney Chief Executive Bob Chapek that the Burbank-based entertainment colossus should permanently cancel its annual dividend and funnel the savings to its streaming efforts.

By suspending its $3-billion dividend, Disney could “more than double” its budget for producing and acquiring content for its

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Premarket stocks: Investors are still in the dark as Trump returns to the White House

What’s happening: Trump, who remains heavily medicated, is still infected with the coronavirus. However, his physician Dr. Sean Conley said it had been 72 hours since Trump’s last fever and that his oxygen levels were normal, insisting that the president met the criteria to be discharged.

Optimism about Trump’s condition, along with stimulus hopes, drove a sharp recovery in stocks on Monday. The S&P 500 finished 1.8% higher, while the Nasdaq Composite gained 2.3%.

Yet tons of variables remain, preventing the momentum from spilling over into another trading session.

Investors don’t have great information to work with. Conley — who … Read more

The News Investors Should Be Watching

Today, the headlines were dominated by two stories. The first was that President Trump has tested positive for the novel coronavirus. This news, which has been credited with knocking down the markets, generated the most interest—and the most fear. The second story was that job growth continues to slow. Although this news will have a bigger impact over time, it has generated much less attention. Is this a classic example of what makes the headlines versus what really matters? Let’s take a closer look.

Markets React to Presidential Matters

Let’s start with the president. This news could

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