Bill Ackman sells Netflix stake after post-earnings plunge

Bill Ackman sells Netflix stake after post-earnings plunge



Ackman on Jan. 26 announced he purchased more than 3.1 million shares of Netflix, making him a top-20 shareholder.



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Treasury yields are little changed as investors await Fed decision
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Treasury yields are little changed as investors await Fed decision

Federal Reserve Board Chairman Jerome Powell speaks during a news conference following the Federal Open Market Committee meeting, at the Federal Reserve in Washington, DC, on June 14, 2023. Mandel Ngan | AFP | Getty Images U.S. Treasury yields were little changed on Wednesday as investors awaited the outcome of what could be Jerome Powell’s […]

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UK’s biggest drugmakers see surprise profit bump, even as pharma grapples with U.S. policies
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UK’s biggest drugmakers see surprise profit bump, even as pharma grapples with U.S. policies

AstraZeneca and GSK, the U.K.’s second and ninth most valuable companies, both saw first-quarter profits beat expectations early Wednesday. Source

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Oil prices extend multi-day rally as Trump issues new threat to Iran; Brent tops 4 per barrel
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Oil prices extend multi-day rally as Trump issues new threat to Iran; Brent tops $114 per barrel

Oil tankers and gas tankers were affected by the closure of the Strait of Hormuz, leading to a global energy crisis stemming from the war in the Middle East. Photos For You | Moment | Getty Images Oil prices advanced again on Wednesday as traders balanced the United Arab Emirates’ shock departure from OPEC with […]

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