Paul Singer's Elliott Management bets against Nvidia after calling it a 'bubble' and saying AI is 'overhyped'
Elliott Management had "at least $600 million in downside exposure" to Nvidia stock at the end of December, one analyst said.
Harvard Business Review16h
When Activist Investors Ask for Board Seats
Activist investors are making frequent demands for board seats—and having more success in gaining them. To deal with this, ...
BP Weighs Sale of $10 Billion Castrol Lubricants Unit, Bloomberg News Reports
(Reuters) - Oil major BP is considering a potential sale of its lubricants business, Castrol, which could be worth about $10 ...
DAL, UAL, or LUV: Which Airline Stock Is Wall Street’s Best Pick?
The recently reported quarterly results of major airlines reflected strong travel demand despite a hike in airfares. Moreover, lower jet fuel ...
Electrek7h
Rivian’s (RIVN) $6.6 billion loan for its new Georgia EV plant in jeopardy
Rivian’s (RIVN) $6.6 billion federal loan to build its new EV manufacturing plant in Georgia faces uncertainty after President ...
Southwest Airlines’ First Major Job Cut in 53 Years Is Set to Reduce 15% Staff
Southwest Airlines (LUV) is about to implement its first-ever major job cut in 53 years, reducing 15% of its corporate staff.
Bumble (BMBL) Q4 2024 Earnings Call Transcript
Operator Hello, and welcome to the Bumble fourth quarter 2024 earnings conference call. My name is Elliot, and I'll be coordinating your call today. [Operator instructions] I would now like to hand ...