Bill Ackman - Truenewj

The Gates Foundation sold all of its Microsoft shares. Bill Ackman is taking stock. What is Wall Street missing?

amefika3 weeks ago05 mins

The Bill & Melinda Gates Foundation Trust revealed Friday that it sold its last 7.7 million shares of Microsoft (NASDAQ:MSFT) during the first quarter, an outflow of approximately $3.2 billion that ends a decades-long position in the company Gates co-founded (1). That morning a very different story had already been revealed. Hours before Gates’ filing…

‘This is a mistake, President’: Bill Ackman responds to Trump’s call for a one-year 10% cap on credit card interest

amefika5 months ago02 mins

Bill Ackman said President Donald Trump’s call to impose a one-year cap on credit card interest was a “mistake.” The hedge fund billionaire said a rate cap could lead to millions of people having their credit cards cancelled. Trump on Friday called for a 10% cap on credit card interest for one year. Bill Ackman…