Reported 8 days ago
Billionaire investor Bill Ackman has significantly increased his stake in Nike, indicating potential moves to enhance shareholder value. Meanwhile, Amazon has debuted low-cost health services through One Medical, starting at $10, which may intensify competition in the market. Additionally, FuelCell Energy plans to reduce its operating costs by 15% by 2025, including cutting 17% of its workforce, while aiming for AI-driven growth in energy demand.
Source: YAHOO