Stocks
Bill Ackman’s fund IPO goes bust on day 1, drops nearly 20% — but first day flops don’t always mean long-term failures
Despite the IPO's horrific first-day performance, Ackman is confident that "it's going to be a very good long-term ride" for his new shareholders.
NYU professor Gary Marcus calls Big Tech's $700 billion AI spending spree the 'greatest capital misallocation in history'
Big Tech is pouring hundreds of billions into artificial intelligence, driving record growth—but raising fresh concerns about whether the payoff will justify the cost.
Goldman Sachs warns S&P 500's record highs are built on 'froth' — and a sell-off could hit your portfolio next
Price might be outpacing value as investors allow FOMO to guide their purchases.
