Bill Ackman reveals stake in Meta, says it has ‘deeply discounted valuation’

Bill Ackman, founder and CEO of Pershing Square Capital Management, attends the Milken Conference 2025 in Beverly Hills, California, U.S., May 6, 2025. Mike Blake | Reuters Bill Ackman’s Pershing Square revealed a sizable stake in Meta on Wednesday. “We believe Meta’s current share price underappreciates the company’s long-term upside potential from AI and represents…

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Asia markets mostly rise as investors shrug off weak U.S. retail sales, assess China inflation

19 November 2025, China, Shanghai: Boats sail past downtown Shanghai on the Huangpu River. The tallest building on the skyline is the Shanghai Tower (rear). Bernd von Jutrczenka | Picture Alliance | Getty Images Asia-Pacific markets traded mostly higher Wednesday, continuing their rally despite AI fears and weak economic data spooking U.S. investors. The U.S….

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