Bill Ackman allegedly commits $2 billion to Meta stock, representing 10% of Pershing Square's portfolio as Mark Zuckerberg pivots from the Metaverse to AI superintelligence.
The U.S. economy added jobs at a modest pace to start the year, as the Labor Department reported that employers hired 130,000 workers in January 2026, above expectations.
Bill Ackman’s Pershing Square revealed a stake in Meta on Wednesday.“We believe Meta’s current share price underappreciates the company’s long-term upside potential from AI and represents a deeply discounted valuation for one of the world’s greatest busines...
The U.S. added 130,000 jobs in January but gained far fewer jobs than initially reported in 2025, according to data released Wednesday by the Bureau of Labor Statistics (BLS). The January employment report showed the labor market booming last month, with th...