Wednesday, February 11, 2026 at 9:34 PM
Bill Ackman's hedge fund, Pershing Square, has invested approximately $2 billion in Meta Platforms, anticipating significant benefits from artificial intelligence, while also exiting its position in Hilton Worldwide.
Plus, Amazon’s big bills
When considered as a percentage of GDP, the projected spending of four tech giants for 2026 rivals the most momentous capital efforts in U.S. history, as shown in these charts.
In Warren Buffett’s last quarter as CEO, his company further trimmed its holdings in the iPhone maker.
The president’s son has joined a deal to take the Israeli company Xtend public.
