Bill Ackman's hedge fund reveals big stake in Meta - 'one of the clearest beneficiaries of AI integration'
Pershing Square invested about 10% of its capital (~$2 billion) in Meta, betting Meta is a major long-term beneficiary of AI and that its capex will pay off.
Ackman proposes three-step plan for Fannie Mae and Freddie Mac
Pershing Square urges reforms before any public sale of Fannie Mae and Freddie Mac, including lower capital requirements, PSPA changes, regulatory clarity, and leadership incentives.