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.
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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 Is a Symbol of the British Boardroom Disease
The UK oil major faces activist pressure to retreat from a disappointing energy-transition strategy. But recent failures are ...
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 ...
Southwest Airlines is slashing 15% of its corporate workforce, its first major layoffs in 53 years
Southwest Airlines is eliminating 1,750 jobs, or 15% of its corporate workforce, in the first major layoffs in the company's ...