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Bill Ackman buys Netflix again four years after exit, says it has won the streaming wars

Ackman’s Pershing Square Capital Management disclosed a new position in Netflix in its semiannual report.

Published 14 August 2026
Categorised as Finance News

‘Big Short’ investor Steve Eisman sees an Achilles heel in the AI boom

Steve Eisman is warning that the artificial intelligence boom has become increasingly dependent on the fortunes of just two companies: OpenAI and Anthropic.

Published 14 August 2026
Categorised as Finance News

Monterey Car Week auctions could hit a record $500 million, with help from younger buyers

A new generation of millennials and Gen Zers is taking over the collecting market from baby boomers and bidding up modern supercars at Monterey Car Week.

Published 14 August 2026
Categorised as Finance News

Iran looks to ramp up economic alliance with BRICS nations as war with U.S. drags on

Iran’s central bank chief said Thursday that the country is set to join the BRICS New Development Bank.

Published 14 August 2026
Categorised as Finance News

Wholesale prices were flat in July, below expectations for 0.2% increase

The producer price index was expected to increase by 0.2% in July, according to the Dow Jones consensus.

Published 13 August 2026
Categorised as Finance News

The Iran war risks bringing the G7’s fastest-growing economy to a halt

The U.K. economy is showing further signs of a long-awaited rebound, but the picture is complicated by the fallout from the Iran war and high energy prices.

Published 13 August 2026
Categorised as Finance News

Stocks making the biggest moves premarket: Tapestry, Yeti, Bullish, StubHub, Cerebras & more

These are the stocks posting the largest moves in the premarket.

Published 13 August 2026
Categorised as Finance News

This Chinese firm has topped Micron and Kioxia in shipments of crucial NAND memory chips

Counterpoint Research looked at the NAND segment of memory chips, which is benefitting along with the larger DRAM segment from artificial intelligence demand.

Published 13 August 2026
Categorised as Finance News

Stocks making the biggest moves after hours: Cisco, Jack in the Box, Cerebras, StubHub & more

These are the stocks posting the largest moves after the bell.

Published 13 August 2026
Categorised as Finance News

U.S. budget deficit surged in July to highest level since March 2021

Beyond the big single-month jump, the collective red ink over the 10 months of the fiscal year rose to nearly $1.8 trillion, surpassing the same period in 2025.

Published 13 August 2026
Categorised as Finance News

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Recent Posts

  • Bill Ackman buys Netflix again four years after exit, says it has won the streaming wars
  • ‘Big Short’ investor Steve Eisman sees an Achilles heel in the AI boom
  • Monterey Car Week auctions could hit a record $500 million, with help from younger buyers
  • Iran looks to ramp up economic alliance with BRICS nations as war with U.S. drags on
  • Wholesale prices were flat in July, below expectations for 0.2% increase

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