Key Points
- Bill Ackman urged investors to look past macro fears and lean into what he sees as deeply discounted opportunities.
- His bullish stance comes at a time when markets have been rattled by rising energy prices and sticky inflation concerns.
Bill Ackman says it’s one of the best times in a long time to buy quality stocks
Finance
White House discussing currency swap line with United Arab Emirates
Key Points The White House is considering a financial lifeline to the United Arab Emirates as the U.S. war with Iran wreaks havoc on the Gulf state’s economy, a White House official told CNBC. Such a move would provide liquidity in dollars to the oil-rich UAE, but could be politically tenuous for the administration as […]
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Finance
Stocks making the biggest moves midday: UnitedHealth, Pitney Bowes, Apple, Amazon & more
Check out the companies making the biggest moves midday: Valmont Industries — The agricultural product and infrastructure rallied 12% on better-than-expected results for the first quarter. The company cited strong demand in its North America utility business for the beat. It also hiked the lower end of its full-year earnings guidance. Pitney Bowes — The […]
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Finance
Stocks making the biggest moves premarket: Amazon, Apple, GE Aerospace, UnitedHealth & more
Check out the companies making headlines before the bell: UnitedHealth — Shares popped more than 6% after UnitedHealth reported first-quarter earnings and revenue that beat analyst expectations. The company earned $7.23 per share, adjusted, on revenue of $11.72 billion. Analysts expected a profit of $6.57 per share on revenue of $109.57 billion. UnitedHealth also hiked […]
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