Podcasts about Pershing Square

In this week's episode of the AJ Bell Money & Markets podcast, Charlene Young and Danni Hewson unpack the latest developments in the Middle East and what they mean for markets, oil prices and your everyday finances. They also dive into fresh UK inflation figures and what they could mean for interest rates in the second half of 2026. Danni takes a closer look at the blockbuster SpaceX IPO and why investors are piling in, Charlene runs through some eye-catching ‘trillionaire maths' and reflects on 10 years since the Brexit vote. There's a warning for motorists over the cost of spreading car insurance payments and Danni sits down with JP Morgan to find out what's happening on the ground in Korea and other emerging markets. Plus, we bring you a teaser of a special series of video chats with Bill Ackman, CEO of Pershing Square.   [00:08] Intro [01:26] Middle East impact on markets and oil [06:30] UK inflation update and interest rate expectations [16:42] Pizza Hut sale [22:04] SpaceX IPO review [36:07] Bill Ackman [37:57] Brexit vote – 10 years on [42:34] Which? warning on car insurance [45:28] Interview – Emily Whiting, investment specialist at JP Morgan

In this special episode of Switch Your Money On, Anna Macdonald and Matt Britzman are joined by Bill Ackman, founder and CEO of Pershing Square Capital Management. Bill shares his views on markets, politics and tariffs, the opportunities and risks around AI, and why he favours a highly concentrated investment approach. The conversation also explores Pershing Square's strategy, Microsoft and Alphabet, activism versus long term ownership, and the thinking behind the Howard Hughes and Vantage investment model.The views expressed are those of the trust manager and are not a recommendation to buy, sell, or hold any investment. The views do not necessarily reflect those of Hargreaves Lansdown. Nothing in this podcast is personal advice. You should seek advice if you are unsure what is right for you. Investments can rise and fall in value, so you could get back less than you invest. Past performance is not a guide to the future. This content is not a recommendation to buy, sell, or hold any investments or companies discussed. The Pershing Square Investment Trust can use derivatives and gearing, which increases the potential risk. The strategy is concentrated (not diversified), which implies higher risk. Individual stocks mentioned are not recommendations. Diversification is important, especially during volatile market conditions. Hosted on Acast. See acast.com/privacy for more information.

Sinds 2017 ging het aandeel van AkzoNobel niet zo hard omhoog als nu. Akzo (dat midden in een fusie zit) is ineens overnamekandidaat. Een Japans- en Amerikaans bedrijf willen de verfgigant kopen. De directie wil niet, aandeelhouders lijken er juist wél zin in te hebben. En nog even over 2017: de laatste keer dat het aandeel AkzoNobel het zo goed deed, was toen het Amerikaanse PPG een bod deed. Tevergeefs, want de directie wil toen ook niet. We hebben het over die weigering: is dat wel slim? En wat zegt het dat het aandeel het wél goed doet op een (onzeker) bod, maar niet op de fusieplannen waar het al maandenlang aan sleutelt? Bij FlowTraders sleutelen ze ook aan de manier van werken. Tot onbegrip van de analisten van ING. Die geven een koopadvies en zijn somber over het aandeel. Het zorgt tot een heftige reactie voor het aandeel. Deze aflevering zoeken we uit of die reactie terecht is. Hebben we het ook uitgebreid over Elon Musk. De fusie tussen 'zijn' Tesla en SpaceX lijkt wel echt serieus. Er wordt al personeel uitgewisseld. Ook blijkt dat hij met zijn Starlink (het onderdeel van SpaceX dat satellieten levert) een enorme macht heeft binnen het Pentagon. En daar maken ze zich bij de regering zorgen over. Te gast: Nico Inberg van De Aandeelhouder BNR Beurs is een journalistiek onafhankelijke productie, mede mogelijk gemaakt door Saxo. Over de makers: Jelle Maasbach is presentator van BNR Beurs en freelance financieel journalist. Zijn favoriete aandeel om over te praten is Disney, maar daar lijkt hij de enige in te zijn. Sinds de eerste uitzending van BNR Beurs is 'ie er bij. Maxim van Mil is presentator van BNR Beurs en journalist bij BNR, waar hij zich focust op de financiële markten en ontwikkelingen in de tech-wereld. Je krijgt hem het meest enthousiast als hij kan praten over ASML, of oer-Hollandse bedrijven zoals Ahold of ABN Amro. Jorik Simonides is presentator van BNR Beurs, economieredacteur en verslaggever bij BNR. Hij wordt er vooral blij van als het een keer níet over AI gaat. Milou Brand is presentator van BNR Beurs, freelance podcastmaker en columnist bij het Financieele Dagblad. Jochem Visser is presentator van BNR Beurs, maakt Beursnerd XL en is redacteur bij de podcast Onder Curatoren. Vraag hem naar obscure zaken op financiële markten en hij vertelt je waarom het eigenlijk nóg leuker is dan je al dacht. Over de podcast: Met BNR Beurs ga je altijd voorbereid de nieuwe beursdag in. We praten je in een kleine 25 minuten bij over alle laatste ontwikkelingen op de handelsvloer. We blijven niet alleen bij de AEX of Wall Street, maar vertellen je ook waar nog meer kansen liggen. En we houden het niet bij de cijfers, maar zoeken ook iedere dag voor je naar duiding van scherpe gasten en experts. Of je nu een ervaren belegger bent of net begint met je eerste stappen op de beurs, de podcast biedt waardevolle inzichten voor je beleggingsstrategie. Door de focus op zowel de korte termijn als de lange termijn, helpt BNR Beurs luisteraars om de ruis van de markt te scheiden van de essentie. Van Musk tot Microsoft en van Ahold tot ASML. Wij vertellen je wat beleggers bezighoudt, wie de markten in beweging zet en wat dat betekent voor jouw beleggingsportefeuille.See omnystudio.com/listener for privacy information.

Sinds 2017 ging het aandeel van AkzoNobel niet zo hard omhoog als nu. Akzo (dat midden in een fusie zit) is ineens overnamekandidaat. Een Japans- en Amerikaans bedrijf willen de verfgigant kopen. De directie wil niet, aandeelhouders lijken er juist wél zin in te hebben. En nog even over 2017: de laatste keer dat het aandeel AkzoNobel het zo goed deed, was toen het Amerikaanse PPG een bod deed. Tevergeefs, want de directie wil toen ook niet. We hebben het over die weigering: is dat wel slim? En wat zegt het dat het aandeel het wél goed doet op een (onzeker) bod, maar niet op de fusieplannen waar het al maandenlang aan sleutelt? Bij FlowTraders sleutelen ze ook aan de manier van werken. Tot onbegrip van de analisten van ING. Die geven een koopadvies en zijn somber over het aandeel. Het zorgt tot een heftige reactie voor het aandeel. Deze aflevering zoeken we uit of die reactie terecht is. Hebben we het ook uitgebreid over Elon Musk. De fusie tussen 'zijn' Tesla en SpaceX lijkt wel echt serieus. Er wordt al personeel uitgewisseld. Ook blijkt dat hij met zijn Starlink (het onderdeel van SpaceX dat satellieten levert) een enorme macht heeft binnen het Pentagon. En daar maken ze zich bij de regering zorgen over. Te gast: Nico Inberg van De Aandeelhouder BNR Beurs is een journalistiek onafhankelijke productie, mede mogelijk gemaakt door Saxo. Over de makers: Jelle Maasbach is presentator van BNR Beurs en freelance financieel journalist. Zijn favoriete aandeel om over te praten is Disney, maar daar lijkt hij de enige in te zijn. Sinds de eerste uitzending van BNR Beurs is 'ie er bij. Maxim van Mil is presentator van BNR Beurs en journalist bij BNR, waar hij zich focust op de financiële markten en ontwikkelingen in de tech-wereld. Je krijgt hem het meest enthousiast als hij kan praten over ASML, of oer-Hollandse bedrijven zoals Ahold of ABN Amro. Jorik Simonides is presentator van BNR Beurs, economieredacteur en verslaggever bij BNR. Hij wordt er vooral blij van als het een keer níet over AI gaat. Milou Brand is presentator van BNR Beurs, freelance podcastmaker en columnist bij het Financieele Dagblad. Jochem Visser is presentator van BNR Beurs, maakt Beursnerd XL en is redacteur bij de podcast Onder Curatoren. Vraag hem naar obscure zaken op financiële markten en hij vertelt je waarom het eigenlijk nóg leuker is dan je al dacht. Over de podcast: Met BNR Beurs ga je altijd voorbereid de nieuwe beursdag in. We praten je in een kleine 25 minuten bij over alle laatste ontwikkelingen op de handelsvloer. We blijven niet alleen bij de AEX of Wall Street, maar vertellen je ook waar nog meer kansen liggen. En we houden het niet bij de cijfers, maar zoeken ook iedere dag voor je naar duiding van scherpe gasten en experts. Of je nu een ervaren belegger bent of net begint met je eerste stappen op de beurs, de podcast biedt waardevolle inzichten voor je beleggingsstrategie. Door de focus op zowel de korte termijn als de lange termijn, helpt BNR Beurs luisteraars om de ruis van de markt te scheiden van de essentie. Van Musk tot Microsoft en van Ahold tot ASML. Wij vertellen je wat beleggers bezighoudt, wie de markten in beweging zet en wat dat betekent voor jouw beleggingsportefeuille.See omnystudio.com/listener for privacy information.

Stocks fell sharply on Friday as investors grew increasingly concerned about the impact of the prolonged conflict with Iran, particularly the risk that higher energy prices could further fuel inflation and keep interest rates elevated. The S&P 500 lost 1.2%, the Nasdaq Composite dropped 1.5% and the Dow Jones fell 1.1%. Investors took profits in the technology sector following strong recent gains. Intel declined 5%, while Advanced Micro Devices and Micron Technology fell 3% and 4%, respectively. Nvidia lost 2%, and Cerebras Systems dropped 4% after surging 68% in the previous session following its Nasdaq debut. Microsoft outperformed, rising 4% after Bill Ackman revealed that Pershing Square had built a position in the company. Boeing shares also extended losses, falling 3% after dropping nearly 5% a day earlier, as investors reacted negatively to Trump's announcement that China agreed to purchase 200 Boeing jets, only modestly above prior expectations.SPI down 38 - BHP falls hard in US - BXB Downgrades.—Marcus Today – Daily Market InsightsMarcus Today provides clear, practical commentary for self-directed investors – covering markets, portfolios, education, and decision-making without the noise.If you'd like to go further:Start a free 14-day trial of Marcus Today http://bit.ly/mt-trial-podcastJoin Marcus Today Use code MTPODCAST for 10% off http://bit.ly/mt-join-podcast-offerMT20 – Managed ETF Portfolio A professionally managed portfolio run by Marcus Padley and the team, using ASX-listed ETFs with active market timing. http://bit.ly/mt20-podcastPrinciples – How We Think About Investing A short video series on timing, behaviour, and decision-making. No stock tips. http://bit.ly/mt-principles-podcast—Disclaimer This podcast is general information only and does not consider your personal circumstances. It is not personal financial advice.

US equity markets fell on Friday (15 May) as oil prices and bond yields climbed – Dow fell -537-points or -1.07%. Nvidia Corp (down 4.42%) was the worst performer in the 30-stock index on Friday (15 May). Chief Executive Officer (CEO) Jensen Huang is slated to address the Dell Technologies World annual convention in Las Vegas tonight AEST, having Caterpillar Inc shed -3.47%. Microsoft Corp up +3.05% with Bill Ackman posting on the X platform that his Pershing Square had taken a new stake in the company. Salesforce Inc (+3.54%) also rallied over >3%.

Plus: Starbucks cuts more corporate jobs and offices. And Bill Ackman's Pershing Square has taken a new stake in Microsoft. Anthony Bansie hosts. Sign up for WSJ's free What's News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

The latest in business, financial, and market news and how it impacts your money, reported by CNBC's Peter Schacknow Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

First up, a massive celebrity engagement has taken a bizarrely fated turn after fans discovered a hidden connection between Harry Styles, Zoe Kravitz and a beloved book franchise. Plus, we're dissecting the first grainy on-set photos from a highly anticipated movie sequel - including a certain "upgraded" diamond ring that has the internet comparing old flames .Plus, we have a very serious theory about a sky-blue dress and a horseshoe necklace. We’re unpacking why a certain countdown appeared and vanished on a major artist's website, and whether she is about to pivot into the world of animated sequels to finally secure her "EGOT" status.And finally, the real-life inspiration behind one of cinema's most iconic "assistant" roles has finally stepped out of the shadows after twenty years. We get into her "savage" rebuttal to the woman who wrote the book and her mortifying encounter at a mutual friend’s house with the A-list actress who played her on screen. Read the Vogue interview with the real life Emily from Devil Wears Prada here. Love binge-watching TV? The Spill has launched a new podcast called Watch Party where we deep dive into the shows everyone’s talking about. Follow the feed on Apple or Spotify now. Plus remember The Spill drops the tea twice a day in this feed so follow us for all the latest entertainment news… OR you can WATCH our show in full length video on the Apple Podcast app - make sure your phone is up to date and enjoy the watch! Link here. THE END BITS Find and follow us on socials: Instagram: https://www.instagram.com/thespillpodcast/ TikTok: https://www.tiktok.com/@thespillpod Facebook: https://www.facebook.com/thespillpodcast/ Read all the latest entertainment news on Mamamia: https://mamamia.com.au/entertainment/ Support Independent Women’s Media: https://www.mamamia.com.au/subscribe/ Your subscription helps us continue to tell the stories that matter to women. Want to join the conversation? Have feedback or a topic you want us to discuss? Send us a voice message or email us at thespill@mamamia.com.au and we’ll get back to you ASAP! Executive Producer: Monisha Iswaran Audio & Video Producer: Michael Kean Mamamia acknowledges the traditional owners of the land on which we have recorded this podcast. From Mum and Me Out.00:02Speaker 2 Welcome to the Spill your daily pop culture fix. I'm Laura Brednick and I'm Tina Burke and coming up on the show today, Look, Taylor slipped us up to some antics. There's secret coded messages in her outfits, there's potential secret songs, there's a countdown.00:15Speaker 1 I'm gonna be so honest.00:16Speaker 2 I'm gonna let you, Tina Burke, explain that because that is wait, you're crazy, Taylor, so fandom that's your business. Plus something I have been obsessed with for the last few days. I know we both have, but we need to talk about it. The real life Emily from The Devil Wears Prada has come forward after all these years, and she's given some really interesting insights about the author of the book, Anna wind Tour Emily Blunt. We're getting get into the biggest takeaways from that, but first you have some other things to discuss.00:43Speaker 3 I have some things that have come across my desk this morning. One of them is very short and I just need to touch on it really quickly, Will And it is that. Obviously, last week we discussed Zoe Kravitz and Harry Styles engaged. According to people magazine. Do you know what their middle names are? Her middle name is Isabelle, Isabella Isabelle.01:00Speaker 1 Last, what his is? No, it's Edward. Oh they are Edward and Bella. Oh my god, this has blown up.01:08Speaker 2 You might be the only person who. Oh no, it has blown up on socials this morning.01:12Speaker 3 It's come across the internet because they are Bella and Edward from Twilight, which means they are now faded to be together forever. I was skeptical before. I was like, they're not gonna last. It's not gonna happen. And now I'm like, no, they're Bella and Edward, so like it's gonna happen. By Stephanie Wheer, Oh my god, I love some little nerd put that together. I love nerds.01:28Speaker 1 And they together.01:29Speaker 2 For nine months, we've had this information for nine months and only now have people picked it up.01:32Speaker 3 Someone sat on it until now, And maybe they'll have a little renett me of their own, just something to think about, something a bit.01:37Speaker 1 More serious, do you think of it?01:39Speaker 2 Well, I'm sure they'll be thrilled that people have figured out they're supposed to be together because they're middle names.01:43Speaker 1 Yes, no other reason.01:46Speaker 2 Yeah, something more serious that isn't more serious, No, but with just my lurkings on social media is the Summer I Turn Pretty has officially.01:55Speaker 3 Been done filming the movie, which is very exciting. It's been really like under wrapped of what exactly the plot was going to be. I mean, we pretty much assume and everyone has reported that it's going to be about like Belly and Conrad finally getting married, but we didn't finally.02:10Speaker 2 Everyone's like, well, when will those crazy kids get married?02:13Speaker 3 Honestly like sitting on the shelf at this point. But I do think they're going to be about twenty five. But the first onset photos came out over the weekend. They've gotten back to set and while they were incredibly grainy and blurry and they were kind of like pat photos or fan photos taken on phones, they're all out on a boat on the lake.02:29Speaker 1 It's very the summer return pretty.02:31Speaker 3 Yes, what you can see is that Belly has a big diamond ring on her left ring finger.02:37Speaker 2 Okay, people have not handled these photos well in a mature way. Everyone has been pretty nasty, pretty crazy because the ring, as we all remember, if you can even call her that, that was given to Belly by Jeremiah in the show was so small that you literally couldn't see it. Even when she held it up in front of your face, you could not see it. We put it on socials and we had to.02:58Speaker 3 Draw a circle around it, the tiny little diamond.03:01Speaker 2 From that point, poor Jenny Hahn, the writer of the books and creator of the TV series and showrunner and all these things, This talented, creative, brilliant woman then gave up her precious time to go on oppressed tour to do interviews so that fans could ask her questions about the show. And all that woman got asked was what was that tiny ring? Was that meant to be a joke? And that poor woman had to answer over and over again. No, it wasn't meant to be a joke. We just thought, like, he doesn't have any money, so of course you'd have a small ring. It's just the way that belly held it up so defiantly to show the family and then you couldn't see it, and you couldn't see it at all. Became such a running joke.03:36Speaker 3 Yes, and so even from a great distance on a boat in the middle of the high seas, you can see the ring that we can assume Conrad has given to her. So it's a Peconkin diamond, and I'm very excited about that because she does deserve it. And this is why you date the handsome doctor and not like the weird other brother. There were lots of reasons, but I do think this is one of them. The other big thing that has come out based on these photos is that Jeremiah our like sad single other.04:01Speaker 1 Hey.04:01Speaker 2 Hey, some of us were kind of quietly team Joremiah nick word team Jeremiah, and I don't understand why, but that's your business. He has his arm wrapped around a mystery blonde woman, so that, oh god, it's not that woman from who was that girl?04:13Speaker 1 I kind of friend.04:14Speaker 3 Yeah, So the whole season three subplot of him falling for the roommate and the roommate being a weird hater of Conrad that never.04:21Speaker 1 Sat well, Yeah, that just felt right. That was for nothing.04:23Speaker 3 It felt rushed, and it was for nothing because now he's on a boat with a woman who looks a little bit too much like his mother and he's got his arm around her and they look to be a couple. So wow, something to think about there, But we don't really know too much about what the film is about, but we do know that Jenny Hahn is directing. So she directed one of the episodes of the season three, which was episode five. Laura, I don't know how much you remember the summer I Turned pretty, but episode five was the one from Conrad's pov Oh the Apple.04:48Speaker 1 We hate the Apple, and he is in the white T shirt. Yeah, that song played wild Horses beautiful.04:52Speaker 3 VI.04:52Speaker 2 Wow, I just like, I feel like I just lost you for a second, just went off and I just got into.04:55Speaker 3 My Conrad's little like mind bubble. But she's going to direct the film, so she said, taking inspiration from Nora Efron. Oh great, so great person to take your inspiration from. You do have to wonder what like the traditional third actension is going to because I think the whole show was third actension and we don't need to see a mini breakup again. But I don't know, maybe Steven and the other one can have some drama.05:17Speaker 1 Yeah, I mean that's the thing. Isn't it to be able to make a movie like that.05:20Speaker 2 Yes, yes, you've got the wedding as the plot, but there's going to have to be some moment where you think they're not going to get married some sort of drama.05:26Speaker 1 You can't just have a wedding.05:27Speaker 3 No, But like at this point, it's been drama non stop for years.05:30Speaker 1 You go tired to Paris.05:31Speaker 3 She's like, actually, I'm going back to Paris, thank you so much. I'm leaving you again. That would be so boring. We can't do that.05:36Speaker 1 Do we know when this is coming out? Like, at least not until next.05:39Speaker 2 Year twenty twenty seven, twenty twenty seven to be coming out. Yeah, I mean, I guess people will still be interesting, Like I know people still be interested, But I was worried when the show ended and they announced the movie was happening, and the momentum was so huge, and in my head, I was like, oh, I wonder if they've started shooting so that this can come out at least a year after the last episode has aired, and now it's going to.05:59Speaker 1 Be well over year.06:01Speaker 3 Yues.06:01Speaker 2 People still care because there was such a fandom around that show.06:04Speaker 1 But do we think it all? Do we think the momentums lost a little bit?06:07Speaker 3 I think so, And as well, there were reports like the other week about the fact that maybe the cast had only signed on to do the movie in order to get pay bumps for season three when they were renegotiating, and Deadline kind of reported saw stuff the cast themselves didn't come out and say this, but that the cast might have felt like they were a little bit taken hostage in having to agree to the movie so that they could get a pay.06:28Speaker 1 Rise for three.06:29Speaker 3 So there's also like that little underlying tension as well that I think some fans aren't happy with. And yeah, it's a long wait for a movie that realistically like I don't know what's like, how much could possibly happen.06:39Speaker 2 Yeah, we love Jenny harm but yeah, we love Jenny Harm. Well, hopefully there's a big plot twist in there. But that's the thing about having these continuing stories is like you do have to kind of break something or change something in order to make it worth the stakes.06:51Speaker 1 Yeah, but I'm sure to be fine.06:52Speaker 2 And also at least that they were all out of like high school and through college, they have to worry about it. They don't have to worry about them aging out of their roles. Yeah, we've got a good fifteen year years before that happens. So no, I think it'd be fun.07:02Speaker 1 Yeah, So, as.07:04Speaker 3 Discussed my favorite topic in the world. Taylor Ellison Swift has come up twice, actually more than even twice, several times in the past week, but on two very significant occasions. We have been talking about Taylor Swift and I have been talking your ear off, and I'm sure you loved every second of it.07:18Speaker 1 Right, No, I always.07:19Speaker 2 Find that you have an interesting angle on Taylor Swift because you're like really in the weeds with not just the fan theories, but kind of like the industry chat as well.07:27Speaker 1 So I find that very interesting. I thank you for play kating a lot of people who care about stuff I can't really relate.07:32Speaker 3 Yeah, and I care about everything weigh too much. But one of the things that came up last week, which some of the spillers may have seen, I know a lot of people were texting me going, what the hell is happening right now?07:44Speaker 2 People text you if something happens to tell you Swift, They're like, what's going on? Why is this a thing?07:48Speaker 1 And to be fair, you know the answer, and I do know the answer.07:50Speaker 3 So Taylor Swift. On Friday last week, a mysterious countdown appeared on her website for the briefest of moments and obviously, if you know anything about Taylor Swift, she loves like an Easter egg, she loves a big reveal, and she often does these countdowns on her website. So before the Life of a Showgirl album came out, whole website changed colors, big countdown pops up. This time, her website briefly changed to a sky blue background with like white cartoon clouds, and a countdown appeared in like this also cartoonish kind of font and then disappeared, and the Swifties very quickly put together that it looked like Toy Story Wow, okay, and Toy Story five is coming out soon.08:31Speaker 1 No, I'm aware, Oh good, I'm aware. I'm up on the plots, I'm up on everything.08:35Speaker 3 No, everything, and Toy Story five is coming out soon. But the thing is, people suddenly realized, holy shit, has a Taylor Swift been dropping Toy Story five clues?08:45Speaker 1 And again, yes, yes, okay, it looks like yes.08:49Speaker 3 So one of the things that I love about Taylor Swift is so and it's bold of me to say this, I'm sitting here in a T shirt, but her street style is not necessarily beloved by the fashion girls. A lot of people think she dresses a bit basic or like. The common theme is people think there's always like one thing wrong with her outfits, so she often gets roasted for her She.09:08Speaker 2 Gets roasted, And it's so interesting how there's this huge fandom of people that are just like, oh, she looks she just looks terrible. She dresses frumpy. If you listen to any kind of fashion podcast, fashion adjacent, any kind of industry chat, they're just like, she's known as being like one of the worst dress celebrities. Can I just say, I can't see it. I like her outfits.09:28Speaker 1 I like them too. I guess I'm just not a fashion girl.09:31Speaker 2 But I thought, like recently in the dress with the little yellow bag and the heels, maybe it's because I too am a little basic. Like when people just like, oh, it's so boring when she just wears a glittery gown, I was like, you know what, wear a glittery gown. I'm so sick of everyone wearing a beige column dress or a black dress. They're like, it's chival blah blah blah. I don't know, they all look the same. Well, at least she has a look.09:50Speaker 1 Yes, she has a look.09:51Speaker 3 She knows what her style is, and she has worked for years and years and years with the same style as Stress of Castles. You have to wonder how he feels about it all. But he also does like her, like streaming and stuff for like the Era's tool.10:01Speaker 2 If he does love that, it's so wild because I don't see a huge jump between her costumes from the RAS tour and her street style and her red carpet style. To me, it all looks very like concise and that it fits together, Like she doesn't look like she's in a costume when she's on stage to me, and she doesn't look like she's been dressed by someone else when she's like she always looks like her. Yeah, and there's very few celebs that look like that, Like some of them, there's such a clear line between their street style and their event dressing.10:26Speaker 1 Yeah. So I don't know what people want. I don't know what people want.10:29Speaker 3 But what they did was dig back, and they didn't have to dig very far because last week she did wear the outfit you're talking about, which is like a sky blue dress.10:36Speaker 1 She had a yellow bag.10:36Speaker 3 She was wearing lue batons, which obviously have a red bottom on them, and she was wearing a horse shoe necklace, and so people ripped into this outfit last week. Yeah, and then suddenly on Friday, when.10:46Speaker 1 I was like, wa, where can I buy that?10:47Speaker 3 And I can't afford it? But I thought she I thought it was a great dress. She was out for dinner with her family and friends. And though she has previously said she does an Easter Egg when she's like Easter Egg her personal life, she does Easter Egg through fashion all of the time. And people as soon as this Toy Story theory started kicking around, well like, wait a minute, was that hideous outfit we hated on Monday a.11:05Speaker 1 Toy Story five clue? Maybe?11:08Speaker 3 And then outside of that, there is also there's clouds in the background of her opal Aite music video, Greta Lee, obviously because of the Graham Norton show was in that music video. Guess what She's also doing voicing a character in Toy Story five exactly, and June five is the really.11:23Speaker 1 State of Toy Story five.11:24Speaker 3 It was also the really state of Tailswift's debut album, Whoa. So everyone's kind of gathered these clues together to decide that she is making his song for Toy Story five and that the countdown accidentally got set live early.11:36Speaker 1 Oh but does she do anything by accident that I'm not sure of.11:39Speaker 2 So if the countdown had been like real, it would have counted down to like Sunday five am ish our time, and then nothing happened.11:45Speaker 1 And nothing, but it did disappear.11:47Speaker 3 So I do have to wonder if it was like a phase test gone wrong. If it is gonna happen, I mean we'll find out. It doesn't seem out of the realm of possibility to me for like Taylor to be like, you know what, now it's time for a kid's music soundtrack.11:59Speaker 2 Yeah, I mean, look, she's exactly the right age to have a very nostalgic yeah, because like all elder Malone, like she's an elder millennial just like us.12:07Speaker 1 Maybe or not, but yeah, we're all in that same.12:09Speaker 2 Bracket where we'd like grown up with Toy Story and then that we had like the later Toy Story movies that hit us as adults, and now this next one that we know is coming up is really kind of hitting everyone. It's more for adults and kids, it's hitting us at the stage of our life where we're in wood.12:22Speaker 1 He's got a bald spots triggering for everyone.12:26Speaker 2 It's yeah, so May there's a world in which she's a secret Toy Story fan and she has a real affinity with this franchise she's growing up with, and like it's all the cool kids like Greta Lee's getting in on Toy Story and then you have like Tom Hanks coming back and all the voice cast, and yeah, it's the one thing that everyone wants a piece of at the moment in Hollywood, which is so crazy.12:44Speaker 1 It's a Toy Story franchise.12:45Speaker 3 And one thing we know about Taylor Swift is that she does love an award. And if she could win a songwriting award and get a little bit closer to being an Eagle winner, you just know she would love that.12:55Speaker 2 She's just had a rough run as that poor girl. When will anything go right for Taylor?13:00Speaker 1 When will she again?13:01Speaker 2 I know she was meant to be a shoeing for the Oscars for Cats, Yeah, because she When you write a song, you co write a song with Andrew Lloyd Webber for one of the like most enduring musicals of all time, yea, you should at least get a nomination and probably a win, And that song was lovely, and I'm sure she pictured herself up on stage the Oscar singing it. And then Cats were so reviled and so universally hated the fact that Andrew Lloyd Webber went and bought a dog. Man hated dogs.13:29Speaker 1 He's like it turned me. He literally said that the other day a dog person.13:33Speaker 2 Yeah, He's like, I hated the adaptation of my work Cats so much that I went and bought a dog.13:38Speaker 1 Like, that's how much that man is angry at And.13:40Speaker 2 So Taylor's missu and that, and then everyone thought she was going to get a short film for the nomination for All Too Well. And there's been a few other times her music has been in the mix for a possible nomination, but it just hasn't. It's the one thing that's eluding her.13:51Speaker 3 It is, and I do think like she's got her thinking cap on and she's like a sad song about Jesse the Doll. That's a Cowboys song that could do well.13:59Speaker 2 I mean, the thing is, it's it's a good plan. If that woman writes a banger for toy story for the next movie, then yeah she's in. Then that's a real hook for a Best Song nomination at least.14:10Speaker 3 Yes, and so that was sort of the like unseerious side, but I do believe in it.14:14Speaker 1 That was a serious side.14:15Speaker 3 Yes, no surprising thing. So something else that Taylors which is making headlines for at the moment is her name in relation to a billion dollar sale to do with Spotify. But it's kind of due to something that she did back in twenty eighteen. And the reason I want to talk about it is because I love her so much, but also she's going to get so many other artists and so many other like songwriters and people involved in production paid out as a result of something she did back in twenty eighteen. But basically Universal Music Group are looking at selling half of their three percent stake in Spotify. And that might sound small, but that deal could be worth as much as like one point four billion dollars.14:51Speaker 1 It's a lot of money.14:52Speaker 3 So basically a bid from Pershing Square came to Universal which was to like buy out part of Universal or to become an investor, and in order to do that, they wanted them to liquidate part of their Spotify shares. But then for some reason everyone's reporting that it's like independently Universal Music has decided to sell off part of their Spotify shares and that was announced in April, but at the moment, they're obviously looking to sell off the stake. And what that would mean, like why Taylor Swift is involved is that she negotiated a deal back when she signed in twenty eighteen and other labels were selling off their Spotify shares, she negotiated that the funds would be non recoupable.15:33Speaker 1 Hard work to say.15:34Speaker 3 Got to tell you what that means is, obviously record labels, like every other label that would exist in the world, when an artist makes money, part of that money goes back to their record label. But obviously in this case the record label would be selling something, they would be giving that money to artists, and Taylor Swift is blocking that money from ending up going back to the record label. Oh and so the reason that she did that was because, as we know, Masters were a really big deal to her. She universal in twenty eighteen, and the reason she left Big Machine Records is she wanted to own her masters, like to own her own work, and the only way that Big Machine were willing to do that was if she gave them all one for one deal. So every time she gave them a new album, they would give her back ownership.16:14Speaker 1 Of one of her older albums.16:15Speaker 3 Oh, and she was like no, and didn't really trust Scott Bourschetta. And I think as well. She'd signed on when she was so young, she was a teenager. Her family were really involved. She was one of the very first artists that they had at Big Machine Records. She's certainly their most successful and I think they tried to make her feel as though like she owed them this deal even though it wasn't beneficial or good for her, and so she walked away went to another music group. As we know, the Masters thing kind of carried on for years and at that time wasn't as well known. But in twenty eighteen it did become a big deal. Oh my god, Taylor Swift wants more money from Universal. And what she was actually doing was making sure that this deal would impact smaller artists and musicians. And she said it at the time, she was like, I see it as a sign that we're heading towards positive change, a goal I'm not going to stop trying to help achieve in whatever ways I can. But she was very honest at the time that she was on her sixth seventh album, and she was like, I can speak up and be a voice for change, but younger artists can't. And she was like, what is the point of me, essentially, if I'm not going to stand my ground and have these arguments with record labels and Universal agreed. So they were one of the first to do it, and it does mean now when they're doing this sale, all of these other artists are gain and benefit massively, and I do think it's a testament today Swift. And I know a lot of people talk about her being a billionaire or like money grabbing, and at the time this deal was viewed very much as like, oh.17:35Speaker 1 She's just out for herself.17:36Speaker 3 But I do think she's one of those rare people in the music industry who isn't even though yes, she's going to benefit too, she does want other people to not go through what she went through.17:46Speaker 2 That's interesting thing because and I've said this before public on the podcast, So whether it's wrong or right, is that sometimes I feel like when she takes in the past, she has taken these big stands, it often kind of comes across like people really rally around her and celebrate her for some of the things she's done or when she said, but a lot of them. It sometimes feels like she just weighs on an issue when it's going to benefit her, and she tries to make it a universal thing. She's like, this man said this, you know, inappropriate thing to me, which also fair enough to be upset, and she's like, I'm going to take a stand, and everyone kind of rallies around her, and yeah, it's like, you know, oh, women's rights are that sort of thing. But at the same time, when you actually look at it from like a like a higher lens and kind of float above it, you're like, that was that was.18:26Speaker 1 Just for you.18:27Speaker 2 And saying the master's thing where I think for a long time there where she was like everyone felt like they were swept up in this big movement of like Taylor Swift getting her music back and it was this huge thing and it felt like a communal win every time she did it. But if you actually again looked at that, it was like, oh, no, it's just it's her, Like obviously.18:43Speaker 1 People are not. Everyone's going to own their masters. Yeah, and also like that's nice.18:47Speaker 2 It's like, you know, to feel good about what your favorite artist does and to feel involved in that, and I know that was a real sense of community around the Swifties. But then at the same time, yes, it always kind of felt like, oh, she'll speak on it, but only if it kind of comes back to her. But then I guess over the years she has kind of tried to, like when she spoke about politics and you know, tried to endorse like a different candidate, and she was like very aware that was like a bigger thing than her then. And I you know, obviously I know how much money she gives away and all that sorts of things, but you know, if you want to get on the weeds in it, it's kind of always felt like and that's what I hear a lot of you know, fans talk about the fact they love her music, but they wish she really stood for something.19:23Speaker 1 Outside of herself.19:25Speaker 2 But then also because of her branding and the way she kind of puts herself as this kind of like very inclusionary person, we all obviously expect more of her than other artists, particularly male artists. So it's a very weedy path. So you're kind of telling me that this was on because when I first heard of this, I only heard of it really top line, and I thought it was once again a thing of Taylor's lived coming out and like making sure that she has a win, making sure that she has her money, making sure that she's protected, and that being her first kind of priority, and then as a default, she's pulled other people in with her and she's being like overly celebrated. That's what I thought, But you're that that's not correct.20:01Speaker 3 Yeah, Look, my perspective on it is as you kind of said, there's been times like the Master's thing when she was releasing the Taylor's versions of albums. I liked it because I got new songs. Oh yeah, yeah, which I know, so fair enough selfish.20:12Speaker 1 And like fun as as fifty it was like.20:14Speaker 2 Transactional, like an artist you like is putting out content that you're willing to, like essentially buy the streaming and stuff.20:20Speaker 1 That's fair, that's just how business works.20:21Speaker 3 Yeah, But I very much saw that as like she did that because she it was personal to her.20:26Speaker 1 She wanted to own her own art.20:27Speaker 3 That's great, but it wasn't necessarily, like you said, the big moment that a lot of people built it up to be where everyone was going to benefit or everyone was going to succeed out of this. I do think though, when she did make this decision, there was a lot She actually received a lot of backlash at the time because she'd also previously like she took her music off of Apple Music in twenty fifteen. Yes, I remember that, and it was a whole big deal because Apple started doing like free trials essentially, and Taylor was like, well, how are people going to get paid if you're doing free trials? So then she took her music off temporarily, and then Apple agreed to still pay the artist despite the free trial periods, and she.21:02Speaker 1 Went back on.21:02Speaker 3 And I'd always taken her music off Spotify in twenty seventeen, like, so she'd done it a couple times in.21:07Speaker 2 Order, and I know those were framed if she was like, this doesn't make a difference to me, I'm doing this for other artists. Yeah, But was some part of it also because she's a business woman, and you don't become a billionaire without being very conscious of like keeping your money and making sure you're getting like squeezing money out of every little area that you can, like that's how you become rich. So was they also a part of her that was like I need to protect my own money, even though I don't need to at this stage, it's still money I'm losing. And then by default I will pull like I will help other artists out, which I'm sure the artists getting the money they don't care that she did it for herself and they're a byproduct.21:40Speaker 1 You'd be happy to take it.21:41Speaker 2 But it's just so interesting we always have to like she's a billionaire, and everyone still has to be like we have to protect the downtrodden kind of, you.21:49Speaker 3 Know, like yeah, yeah, And I do think at the time, like, for sure, those decisions like with Apple and Spotify in twenty fifteen, twenty seventeen, definitely we're about protecting her assets and all of that. I do think the decision in twenty eighteen to sort of negotiate all of these terms with Universal because that wasn't the only agreement that they came to. But I do think that had a lot to do with the way she was feeling taken advantage of with big machine records. Yes, and yes, that is a lot to do with herself. But I do think she looked then at that point in time, this is like after she's been canceled. This is when people are hating her guts, and I do think she started to look more. It's also when she's getting to like reputation. That world tour was at the time the highest grossing tour of all time, Like it was a big deal in North America. So I do think she was at a very successful point, but also at a point where she recognized that she had a bit more power than she'd ever had before and finally got to negotiate something and look back at how she'd been treated by this independent record label and just wanted to do something that protected people. She's also had the same band her whole career. She's worked with a lot of the same production team, same songwriters, same people in her camp the entire time. And while they're really well taken care of, I think she also sees that like not a lot of people are, and she's about like when she was a songwriter back in Nashville, she would be in these like communities and people would be talking about how they got money from people buying like a Faith Hill song that they had worked on one time, and so she was like, that doesn't happen anymore. So I want songwriters to be better paid. It basically all came down to the whole songwriting element of how she sees herself rather than like the big pop stars and stuff. Did she benefit absolutely, and do people often yeah, compliment her when she does something just for herself and it ends up benefiting others.23:28Speaker 1 Absolutely.23:28Speaker 3 But I do think in this instance, like it is going to help a lot of people put food on the table and also remain in the industry a bit longer when you have deals that actually support the lower down people in music.23:40Speaker 1 And like I guess in terms of musical.23:42Speaker 3 Billionaires, I'm glad at least one of them is doing something better than other people.23:45Speaker 1 Yeah, exactly.23:46Speaker 2 And that's the thing I don't like when people like, look at Taylor Sitch and has to do these extremes of like she's a superhero, she's a super villain. Like, yeah, it's a bit in the middle. It's a bit in the middle. Like do I think anyone should be a billionaire?23:56Speaker 1 No? I don't.23:57Speaker 3 But also I do think she donates a lot of mine. You see it all the time. She doesn't come out and go look I did this, Like random charities will be like, hey, she just gave us a million bucks and you're like, oh sick.24:07Speaker 1 Yeah. Yeah, Well, and you know the good news. I guess out of this might takeaway. She might have some sweet toy story.24:11Speaker 2 Money coming in. She might look she'll never be shy I of a dollar, Taylor Swift. But hey, maybe she'll help some people along the way. Well, we're still very much in the devil Weares prior to two weeks. The movie came out last week. We've got a special episode coming up this Friday about it. The movie, So it released this weekend. We're like number one at the box office across the world, as we thought it would be. Apparently it's going to go even further than projected with like the money it's making here the box office, because people are going to see it multiple times. And I love that and hopefully I don't know what it's going to take for studios to take notice, because it's like we have Barbie Breaks all the box office records, Wuthering Heights, love it or hate it, Women just wanted to get dressed up and go with their friends.24:48Speaker 1 Yeah, did amazingly crush the box office.24:52Speaker 2 And now the same thing, women are getting dressed up going to the movies.24:54Speaker 1 Like guys, are we seeing a pattern here? People like the movies.24:57Speaker 2 It's almost like women want to go and see women's stories at the movies.25:01Speaker 1 They can get dressed up and have a goddamn cocktail.25:04Speaker 2 Anyway, So, as we move through Devil Wears Prider Week, and I'm having a great time with everyone who's coming out and would work to share their thoughts and feelings and everything, something very interesting has happened, something historic. I would even go as far to say the real inspiration behind Emily Charlton, a character in the Devil West Prata who has been in three of the books and also now the two movies, the real woman behind her has come forward for the first time in decades. People have tried to work out who she was for years, and I'm sure people in the fashion and magazine industry knew, but she herself has never come out and said anything until now, until the movie has come out and so well received it to be said, there's a straight line there. So Leslie Freemar, who is a celebrity stylist and has been in the fashion industry for many decades, went on the Vogue podcast and talked to editorial director Chloe Mao because when Anna Wintle vacated, she wouldn't let anyone else be the editor of Vogue, said, she's the editorial director, but she is running the day to day operations at Vogue now as Anna win talk kind of move has moved into a more like overseeing role. And so she interviewed Leslie, and I know you've listened to this multiple times, right, this interview. Yeah, I couldn't get enough of it. I listened to it twice as well. It's been the thing all my group chats are talking about. And it's interesting because it wasn't supposed to be cutting in any way, but if you read between the lines.26:26Speaker 1 Oh yeah, there's some cutting lines.26:28Speaker 2 It's a bit of a savage story about Lauren Weisberger. So if anyone doesn't know, Lauren Weisberger is the author of The Devil Wears Prata and the sequel, The Devil Returns.26:37Speaker 1 And everyone keeps saying that this is the second book, but actually the.26:39Speaker 2 Third, When Life gives You Lu a Little, When Life gives You Lulu Levin's Crazy, which is Emily's story of her leaving Miranda and like getting pregnant and moving to the suburbs and like breaking up with her husband. It's nothing like the movies. Yeah you've said that. Yeah, I've not read this book. And then so here's the Lauren Weisberger that she was Anna Wintour's assistant well over many decades ago now, and she lasted about eight months in the second assistant chair, and we now know that Leslie was the first assistant at the time. So when she came on to do the podcast with Chloe, Chloe sort of says to her, like, why do you think you're the real Emily? And she's like, I don't think I know. And as she tells her story, it's interesting because Vogue was going to have a panel with past Vogue staffers that all could have been the Emily and they were going to sort of like have a discussion. And then Leslie, who doesn't really do anything like she works with celebs, and like, yes, she's Charlie's.27:33Speaker 1 There on style, Yeah, and she's style a lot of.27:35Speaker 2 Red carpet looks and things like that, but she's on a public face. And she had to sort of call Chloe and say, hey, I'm happy to come and talk and help.27:42Speaker 1 But it's going to be.27:43Speaker 2 Really clear if we all get on stage straight away that it's me.27:46Speaker 1 Yeah, that it's definitively me.27:48Speaker 2 I sat across from her, I said lines that are in the book, I know it's me, And so that idea is going to fall apart pretty quickly. And Soe said that she came on the podcast, Ye did you have a favorite reveal from Leslie? Although there was way too many, but I do think the clearest one, or like the best one to me is how she found out about the book. And also that's the clearest one that obviously, yes, the book was written about her, because even Anna Wintor knew the book was about to tell her. So can I tell the story please people who haven't listened. So obviously wide ranging podcast really really good. But in this part, she says she had moved on to be an assistant in a fashion department and then she gets a call from then Anna's new assistant to be like Anna needs to speak with you, and she was like, Anna never needs to speak with you, and also never needs to speak to an assistant. So she hustles on over there and Anna Wintour asks her who is this woman?28:38Speaker 1 Like who is this lady?28:39Speaker 3 And she's like, that was your assistant, and Anna Winter was like, I don't even know.28:43Speaker 2 Her, has no idea, Well, she has a lot of different assistants, and that she was only there for eight months, and I'm sure maybe she'd seen her.28:50Speaker 1 She would have, yeah, but she.28:51Speaker 2 Called her and she was just like, who is Lauren Weisberger? And it was so funny because Grace Cottington, who's a really famous Vogue editor who worked really closely if Anna and that team, wrote in her own book that no one could remember Lauren when brutal so focused so funny about it. She's like, none of us could picture this, and she's like, I guess Anna's assistants were always, you know, just these bobbing, faceless heads outside her office that you would talk to. But like, Leslie is really the only one who has any memory of her.29:20Speaker 1 Yeah.29:21Speaker 3 And so it's obvious enough when Anna has read this, you know, the initial draft of the book to her that the Emily character is Leslie, because she calls Leslie into her office asks her who Lauren is, and then Anna Wintour says, oh, she's written a book about us, and you come off far worse than me.29:36Speaker 2 That is the interesting thing that Leslie says in this interview, is that they received the galley, which is the very very early stages of a book where things are subject are changed, and she said, she it's so funny, Chloe. He's like, did you run outside straight away and read it. She's like, no, I had to back and do and finish my work. And I was like, life, Emily, I mean maybe because she's like, we probably had a big shoot that day.29:58Speaker 1 That was me.29:59Speaker 2 I would have run straight to some hidden corner and I would have read that book under my desk all day. She said, she waited till she got home at night. Okay, if you've got more will power than me, and she said the first iteration of the book was so mean and much more true to life, because what she's saying has happened is that Lauren took a writing class and they said write what you know, and apparently she wrote it as a memoir, and then they wanted to fictionalize it, and then the fictionalized version was really really mean to everyone who worked at Vogue Tour, to the Leslie character who became Emily, and then the editors who worked with her toned it right down to the book that went on the shelves. The Devil Wears Prada, which is interesting because that book does skew very not mean, but it's like the Miranda Priestley character.30:43Speaker 1 Have you read the book?30:44Speaker 3 No?30:44Speaker 1 Oh, okay, I wouldn't. Sorry, no, I wouldn't invite.30:48Speaker 2 If you're going to read a Lauren Weisberger book, I've got I've got a better recommendation. She read, She wrote some good books. She writes a fun book to have by the pool on holiday. I've read, Yeah, like Last Night at Chateau my Mond chasing Harry Winston. Yeah, The Devil is proud of Like the idea is good obviously because it went on to spawn this incredible thing. But the plot's a bit thin. There's no memorable one liners, Like, it's not a witty book. And also the character of Miranda Priestley is like a caricature. Yeah, all the layers that she has in the movie don't exist in the book.31:21Speaker 1 She's just a nasty woman.31:22Speaker 3 Well. I found that interesting because Leslie said she was able to watch the movie and she found the movie really enjoyable. She was like, it's really glamorous, but there's more like empathy and the people are more well rounded than we saw in that initial galley and then even in the book that got published, Like, that's crazy to me that you can know that this is about you and you see it is really mean, but then you see the on screen portrayal and like, yeah, you like Emily and you like Miranda. I don't have way more nuance than I'm guessing they have in the book.31:47Speaker 2 No, in the book, they just kind of mean girls. Like, yeah, I mean Emily and Andrea hang out a little bit more in the book, but she's still pretty mean to her. And like, yeah, the Miranda character is very kind of just like she's a nasty person. Yeah, she's just like this little talk about her being this little bird like creature, which I guess is very Anna Wintle coded who just like stalks into the office. Yeah, they make a lot of there's a lot in the book about what There's like a whole chapter devoted to what she eats, which apparently is also very Anna winto because she likes steak and potatoes and Starbucks and ice cream. And that's a huge cry in the book. So sometimes Lauren Weisberger was I think just typing out her day. But the end is very different, Like it still ends with Andrea like walking away from her, but there's no nuance with Miranda having like that breakdown scene in the hotel room, like that's to the movie with the no makeup where she kind of like drops the facade and there's no like, you know, Andrea, everyone wants to be out.32:36Speaker 1 It's like this is the sacrifice.32:37Speaker 2 It's just her screaming at her, yeah, and just screaming at her. And then it's like very anti climactic with Andy like calling the office and being like can I still get my flight home?32:46Speaker 1 They're like, no, I'm not going to leave you strand there.32:47Speaker 2 You can get your flight home, and it's just like, oh, kind of anticlimactic.32:51Speaker 1 Yeah. The end.32:52Speaker 3 I do think it's really interesting, like, oh forgot The whole thing is so interesting. But one of the parts that made me go, oh, you are Emily is that Leslie explains like the Lauren person slash Andy character, and she was like the reason that I found it like interesting in the book is like I don't remember Lauren ever being a star on the rise. Yeah, but she's pretty much like that didn't happen. And then she explains like Lauren probably thought I was a bitch because I had to do her job for her because she was and she's like she was probably just sitting around writing her book, I guess, but she pretty much is like that girl never did her job and hated it there. And so yes, I used to snap at her because she wouldn't do her job, and I was like.33:29Speaker 1 WHOA to me?33:30Speaker 2 That was the most telling moment from this revelation from the real Emily from the Devilwars Prider. And can I say I've talked to a lot of people who have listened to this interview, and a lot of people have said, like, she comes across as classic Emily. She comes across as a mean girl for saying that, And can I just say team Leslie on that one.33:46Speaker 1 I thought classic Emily in a good way.33:48Speaker 2 Yeah, they're saying she's too mean, Yeah, that she was being mean about Lauren. Everyone closed ranks against Lauren when she wrote this book, to the point where that's why the company line is like we don't know who Lauren Weisberger is.34:01Speaker 1 And the Devil Wears prior like the first.34:03Speaker 2 Premiere, the one that was in New York, apparently, you know how like they have a host camp on stage and kind of greet everyone a paving. The host was like, you know how they got round the room like this person's here, this person's here. They were like Anna Wintour is here, as is the author of the book, and no they're not sitting together.34:17Speaker 1 And everyone was like whoa because they were in the same room. But also, I have this now.34:22Speaker 2 I think that this has been scrubbed from the internet, but I swear to God I read this quote when The Devil Wears Pride. It came out, but I've gone to look for it so many times and I can't find it. So I think that it was written in a magazine and it's been destroyed. Yeah, but I swear to God that Meryl Streep in an interview, they asked what she thought of Lauren Weisberger and she was like, if I was her, I would have spent more time learning from Anna Wintour than writing a book.34:45Speaker 1 That's just me. Now.34:47Speaker 2 That is not maybe not the kind of thing Meryl Street would say, And maybe I'm paraphrasing, but I feel like she says that in an innuay you have like.34:54Speaker 3 A pretty what is you don't have like a photographic memory, but you have pretty similar.34:58Speaker 1 I have a photograph of memory for so things.35:00Speaker 2 Yeah, yeah, that'll help me in life. But I swear to god, I read that quotally magazine. Yeah, and some person obviously didn't upload it to the internet or it was it's been screet internet.35:11Speaker 1 But I feel like that was just the vibe.35:12Speaker 2 But yeah, I was very much on Leslie's side because she really cared about fashion. She talked about the fact that she had come from Canada and she had really had to fight her way into this job, and she was working like all that stuff you see in the movie about she was told she had to be in the office at seven point thirty.35:29Speaker 3 She moved closer to the office so she could be there on time and stay late.35:33Speaker 1 I was sleeping in.35:33Speaker 2 That office, so she had to be there at seven thirty in the morning. Yeah, with all of Anna's like books and papers, all that stuff you seen the devil was part of them. Putting him in a fan on her on her desk is all real. And then she had to wait around for the book again things we know from the movie. She had to wait around for the book till like ten o'clock at night, and so she's working these crazy hours she gets promoted to first assistant. They she hires Lauren Wiseberger, who has come from a very prestigious university and is very educated. This is sorry, I mean we know that that's a fact. She did come from a prestigious She was in the ivy leagues in America, so like super educated. And she said, from the moment Lauren got to Vogue, she was just like, I'm too good to be here, yeah, and I don't want to be here. And she had and she said she just wouldn't do her work, and so Leslie had to do all of her work for her. And that's where the resentment grew. And that's where the character of Emily from The Devil Wes Pridact came from her resentment.36:25Speaker 1 And I'm just like, if you've worked in a creative.36:26Speaker 2 Industry, everyone knows that feeling of having to do the work for someone else. Yeah, but there's no way to kind of track it a lot of the time publicly. Yeah.36:33Speaker 3 And it also reframes because she says, she's like, I absolutely told her a million girls would kill for this job, yeah, And like it reframes that to an extent too, Like she is of the opinion that Lauren's come in just to write this book and was wasting time and not doing her job, And it's like, yeah, you probably would say something.36:48Speaker 1 To that effect if you're at Vogue at.36:50Speaker 3 That point in time too, Like insane budgets all of that, So many career opportunities, which there still are with Vogue of course.36:57Speaker 1 But like the more that it's changed.36:58Speaker 3 At that point in time, that was the place to go if you wanted a career in journalism. You could get anything, and like Meryl Streeps or alleged quotes saying if you put in me with.37:08Speaker 1 The Meryl Streeps slander, will they even say? Like in podcasts?37:11Speaker 3 The first assistant before Leslie moved up went on to become the entertainment editor at Vogue it for years and years and years and is a very successful and respected journalist. Like you, Yeah, you could build a career off of being that assistant.37:24Speaker 2 I think back then that was the job one hundred girls would kill for and it probably still is. Yeah, Like I know it still is, Like Vogue still carries a lot of weight, and being an assistant is how you get into that pool. So I think that was Leslie's kind of like and we see that dynamic in the book, but we see it in a different way from Andy's perspective, which is Lauren's perspective of her just not coming into this, like what she's thinking is like a plumb job and not doing any work, but like secretly writing her book under the desk, which is the allegation that Vogue has not been able to prove. And also Leslie also said that she took a writing test for Vogue and was rejected, which is in becau. Lauren Weisberger had some writing published in Vogue recently interesting and everyone was like, look, the woman.38:04Speaker 1 Who was turned away from Vogue.38:06Speaker 2 All she had to go do was write a tell all memoir that gets turned into iconic film series and she finally got in.38:11Speaker 3 It's also kind of interesting then that like a subplot of The Devil wes Prata too, is the idea that Andy might write a tell all memoir.38:18Speaker 1 Okay, that was.38:18Speaker 2 Such a quote when I went and saw because I saw that first part of the movie before I went and did The Devil West prior of interviews, and in the theater I was seeing there was like four other journals. I went because I'm like, that was such a Lauren Weisberger burn Yeah, where they were like, what is she going to do? Go write a tell a memoir about her boss? Ha ha as if that's the worst thing you could do. And I was like, that is literally why we're all sitting here, Yeah, because someone did that. But it's kind of become like, it's interesting because Anna Wintour like could have come out of all of this looking like the villain, but she's come out looking like the hero because everyone's like, we love Miranda Priestley, we love Meryl Street, we love this movie, and by default, we love and a wind Tour for being a part of this and that's why she's lent into it. And then Lauren Weisberger has become the kind of like, obviously she's published so many books and she's doing really well, but she has kind of become the punchline when she was initially set up to be the hero, which I find so interesting. And I just find like Leslie's perspective on Anna so different from someone who was just came in with like kind of no emotion, very ambitious because she talks about the fact that Anna was like very much like no personal chat. We're all here to work, and she works like that and she's very comfortable in that setting.39:28Speaker 1 Can't relate to that, can't relate but I love that story she told where.39:33Speaker 2 So Leslie who was giving the interview, the real Emily is from Canada, and so she was being sponsored by Vogue, a biolized Clark that's a fake company by Conde, asked to work at Vogue. And she got a call one day from the Vogue human resources team to say they were no longer sponsoring anyone, so they weren't going to like do her next visa, and so she basically had to leave the country and lose her job. And she said that she was just hysterically sobbing, something she's never done before, but she was so upset and fair enough, and she said that An she didn't know Anna was going to be in the office that day. All of a sudden, Anna Wintour walks in and I don't know why this is so funny to me. She's like, Anna was clearly uncomfortable, and she just walked away. She just walked into her office. But then she waited a few minutes called her in and I love how Leslie did her. Anna Wintour's voice she said she tried to like kind of do like half a British accident.40:19Speaker 1 She was like, Leslie, why are you crying?40:21Speaker 2 Looks so angry, but also just like can't not angry, but just like so flabbergasted that someone in her office would be showing emotion. And so Leslie told her and she was like, Anna Wintle' was like, oh my god, go sit down and stop crying for God's sake.40:32Speaker 1 And then Anna Wintour just called.40:34Speaker 2 All of a sudden, this man appeared in the office who's like the head of human resources.40:38Speaker 1 And Anna Wintour is like.40:39Speaker 2 Ci, my assistant is crying, and in her head, she's like and that's the worst thing anyone could ever do.40:45Speaker 1 In front of me.40:46Speaker 2 She's like, can you please just get her a visa? Just go and sword it. And he's like, yeah, that's fine. And so she got to stay in America. And now she credits this whole huge fashion career that she's had to Anna Wintour just telling her to stop crying.40:57Speaker 3 And fair enough, It's like, yeah, I do think I thought the little insights were interesting. It's also so interesting because Chloe's the one interviewing her. Yeah, and Chloe, like everyone who is online and has seen the pair of them together in recent interviews, is intrigued by the Chloe Anna relationship and like.41:12Speaker 1 Oh, I don't know. I want to from Chloe so bad.41:15Speaker 3 Yeah, and like little things right, like Leslie was like, well, you can't ask her questions and Chloe's like yeah yeah, and then then.41:21Speaker 1 She's like I'm living that in real time. It's like real And.41:23Speaker 3 They're talking about like the book and like the little like wheel seas, which was apparently like little posters or like seams, which was little posters that Anna would put on to be like email this person, tell them to come see me.41:33Speaker 1 I don't like this bro. Little things like that.41:35Speaker 3 It was so interesting to see like Leslie talking about a career she had twenty years ago and Chloe talking about the career she has now and then both just relating to like Anna's anaysms, but also revealing that like a lot of the things don't come from Anna herself. Yeah, that was interesting. They were like, she's not the one who says you can't take bathroom breaks. It's just like something that's been passed down.41:55Speaker 1 Yeah, it's been passed down. Yeah.41:56Speaker 2 The other thing I thought was really interesting was a reveal that came right to the end, and it was the question that Chloe asked her, which was like, have you have you who plays Emily and The Devil Wears Prata? Have you ever met Emily Blunt? And the answer was yes, because of course she's a celebrity stylist, so she's in that world. And she even Leslie said she always thought about what she would say if she ever met the person who had played her on screen and turned her into this iconic character, even though no one knew that she was the real Emily. So she said she was at a dinner one night at a mutual friend's house and she was like, this is my moment. Emily Blunt's right there. We're on this, We're on even ground. I'm not coming up to an event, We're at a mutual friend's house. We're both here as equals. And then she said to her as they were chatting, I just need to let you know that I am the real Emily. And to be so fair a Leslie, I would have done the exact same thing.42:44Speaker 1 Who wouldn't You're telling Emily.42:46Speaker 2 Blunt that her most iconic role, her first big role, that blew up her career is based on you. I would have dropped that and just been like, like, she she's gonna lose her mind. And apparently Emily Blunt couldn't care less. She said oh and just like went on with the conversation. Now did she not hear her or have so many people in the fashion industry said things like that to her before trying to have an in with her? She was like, oh, or was she maybe like and maybe like alarms went up and she was like, Oh, is this woman gonna say to me at my friend's house like she didn't like my portrayal because she plays her really nasty in a funny way.43:21Speaker 1 Is she gonna like.43:22Speaker 2 Ask me, you know some sort of like inside a question? Does she know something? She worked with the woman who wrote this book and like everyone I know doesn't like that woman, like it was a lot so or does she just is Emily Blunt so cool? She just genuinely did not care.43:35Speaker 3 I feel like Emily Blunt just doesn't care. I really like it, but sometimes intrigues me.43:41Speaker 2 I can't believe that because if you met any person, like if you met the person who was the real person behind a role you played as an actor.43:49Speaker 1 Wouldn't you be interested in that? I ignore people would Yeah, I know.43:53Speaker 2 Some actors don't like to meet the person because they don't want the lines to be blur, they don't want to feel like they can't show them in their worse or they don't want to sort of like do a parody of a person. Yeah, but like that shit is sailed like she did it for the first time twenty years ago. Yeah, Devil was prior to too, wasn't filmed at the time. But also there was no inkling that Devil's product she was ever gonna happen. Yeah, I just want and I'm sure someone will ask Emily Blunt the next time she does a lot of press, and I'm so interested in her answer that. Yeah, it's almost like you feel bad for Leslie.44:22Speaker 3 Like it would have just been at least nice, Like as much as I think she people really like the Emily character and stuff she does.44:29Speaker 1 Speak about it at the.44:30Speaker 3 Time, like people in the industry all knew that it was based on her and her being really scared of how she'd be perceived or if she'd be hired again, or what would happened to her career based on this version of the history they went through together. And she also says like Lauren never called her, Lauren never gave her a heads up, like they have not spoken since, so it's not like how Andy and Emily got along in the end. That's not what has happened here. So she's kind of gone through that never outed herself, goes up to the woman who played her, thinking, oh, we can at least have a nice discussion, and she just.44:56Speaker 1 Gets like kind of ghosted. I don't know that would suck. I think Emily Blunch probably reconsider talking to her about that.45:04Speaker 3 Well.45:04Speaker 2 It's such an interesting interview, and we'll link the whole thing in our show notes.45:07Speaker 1 Because we've only sort of scratched the surface. There's a lot more in there. So good.45:10Speaker 3 Thank you so much for listening to The Spill today. Don't forget to follow us on socials. We will pop all of the links in the show notes. We will be back in your feed bright and early tomorrow morning with morning Tea hosted by Ash London. The Spill is produced by Minisihaswarren, with video production by Michael King.45:24Speaker 1 Bye Bye,Become a Mamamia subscriber: https://www.mamamia.com.au/subscribeSee omnystudio.com/listener for privacy information.

Pershing Square Founder and CEO Bill Ackman says succession at the company is already in place. Speaking with Bloomberg's Dani Burger at the Milken Institute Global Conference in Beverly Hills, California, Ackman also discusses his bid for Universal Music Group, the rise of prediction markets and offers his views on New York City Mayor Zohran Mamdani.See omnystudio.com/listener for privacy information.

A big lineup from the Milken Institute Global Conference in Los Angeles. Pershing Square CEO Bill Ackman following the mixed reception to the public debut of his company on the NYSE last week. Plus, the CFTC Chairman on regulating predictions markets. And Brookfield's Bruce Flatt on how he plans to deploy his firm's $128B in dry powder, especially in data centers. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Today's top stories, with context, in just 15 minutes.On today's podcast:1) Brent oil rallied to a four-year high after Axios reported that US President Trump will receive a briefing on new military options for action in Iran. The US and Iran have maintained their blockade of the Strait of Hormuz, with the conflict in the Middle East called the biggest supply shock in history by the International Energy Agency.2) Alphabet's Google is seeing a clear payoff from its AI spending, with solid growth at its cloud computing unit and a "meaningful acceleration in growth" driven by demand for its AI software and infrastructure. Meta Platforms is lagging behind, with its shares tumbling more than 6% after the company boosted full-year capital expenditures, and its consumer AI app being slower to take off. The four companies, including Amazon and Microsoft, are expected to spend as much as $725 billion in 2026, with a key question being whether that massive spending is providing tangible results.3) Shares of Bill Ackman's Pershing Square USA Ltd. plunged 18% in its debut after the combined initial public offering raised $5 billion. The $5 billion haul was the bare minimum to keep early investors locked into the deal, and fell short of the $25 billion that Pershing Square sought to bring in. Pershing Square USA deserves to trade at a premium to its net assets over time if the newly listed closed-end fund delivers the same outperformance as the hedge fund firm has in the past, Ackman said.See omnystudio.com/listener for privacy information.

Carl Quintanilla, Jim Cramer and David Faber covered a lot for the markets to digest: Earnings from Magnificent 7 components Alphabet, Amazon, Meta and Microsoft due out after the close, the Fed decision on rates and what could be the last FOMC meeting with Jerome Powell as head of the Fed, the Senate Banking Committee vote on advancing Kevin Warsh's nomination to become the next Fed Chair. A CEO doubleheader: Starbucks' Brian Niccol and Robinhood's Vlad Tenev joined the program to discuss the companies' respective quarterly results — the stocks moving in opposite directions. Also in focus: Chips surge, the public debut for Bill Ackman's Pershing Square, Visa and T-Mobile earnings, gasoline prices hit a new wartime high.   Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Pershing Square Founder & CEO Bill Ackman joins Bloomberg's Dani Burger on "Bloomberg Deals" to discuss his five billion dollar Pershing Square IPO, an outlook on the markets, as well as his growth and investment strategy for Pershing Square.See omnystudio.com/listener for privacy information.

In this week's Market Maker Podcast, we break down Bill Ackman's high-stakes bid for Universal Music Group, the entertainment giant behind global superstars like Taylor Swift, Sabrina Carpenter and Kendrick Lamar. With the takeover offer estimated at $64.3bn, we unpack the M&A strategy underpinning the deal and why Pershing Square believes a US relisting could unlock significant value.From listing arbitrage to capital structure optimisation, we explore how shifting UMG's listing from Europe to the US could drive a meaningful valuation re-rating. We dive into the mechanics of the transaction, including free float dynamics, liquidity constraints, and why Ackman has strategically reduced his own stake to help enable the relisting.We also compare this approach to other major listing migrations and examine how differences in market structure, investor base, and risk appetite can materially impact pricing. To round things out, we briefly touch on the evolving industry backdrop, including the rise of AI-generated music and what it could mean for the long-term positioning of music rights businesses.A focused episode on modern dealmaking strategy and how financial engineering and market structure can be powerful levers for value creation.(00:00) Intel Deal Breakdown(05:36) Energy & AI Deals(06:40) $64B UMG Bid(07:38) Listing Arbitrage Explained(10:25) Ackman's Strategy(15:06) Free Float & Liquidity(17:33) Music Industry & AI*****Subscribe to the daily Market Maker newsletter

Tesla zou, volgens persbureau Reuters, bezig zijn met de ontwikkeling van een nieuwe, kleinere én goedkopere elektrische SUV. Dat hoort Reuters van meerdere mensen die betrokken zijn bij het project. Tesla zou de afgelopen weken contact hebben gelegd met leveranciers, om de details van de compacte SUV te bespreken. Het zou geen variant zijn van de Model 3 of de Model Y, maar echt een totaal nieuw voertuig. Opvallend, want dat goedkopere model werd in 2024 nog gecanceld door topman Elon Musk die het onnozel en zinloos vond. Deze aflevering hoor je van Noud Broekhof meer over deze interessante wending. Ook kijken we of dit een kickstart kan worden voor het aandeel Tesla.Hebben we het ook over mogelijke insinder trading. Een Amerikaans congreslid denkt namelijk dat bepaalde olie- en beurshandelaren informatie krijgen uit het Witte Huis. Net voor belangrijke aankondigingen van president Trump worden er namelijk enorme transacties op de oliemarkt óf aandelenmarkt gedaan.Over de VS gesproken, je hoort ook meer over de Amerikaanse centrale bank. Waarom ze bij de Fed denken aan een renteverlaging, ondanks alle onzekerheid rondom Iran en de importheffingen. Te gast: Nico Inberg van De Aandeelhouder BNR Beurs is een journalistiek onafhankelijke productie, mede mogelijk gemaakt door Saxo. Over de makers: Jelle Maasbach is presentator van BNR Beurs en freelance financieel journalist. Zijn favoriete aandeel om over te praten is Disney, maar daar lijkt hij de enige in te zijn. Sinds de eerste uitzending van BNR Beurs is 'ie er bij. Maxim van Mil is presentator van BNR Beurs en journalist bij BNR, waar hij zich focust op de financiële markten en ontwikkelingen in de tech-wereld. Je krijgt hem het meest enthousiast als hij kan praten over ASML, of oer-Hollandse bedrijven zoals Ahold of ABN Amro. Jorik Simonides is presentator van BNR Beurs, economieredacteur en verslaggever bij BNR. Hij wordt er vooral blij van als het een keer níet over AI gaat. Milou Brand is presentator van BNR Beurs, freelance podcastmaker en columnist bij het Financieele Dagblad. Jochem Visser is presentator van BNR Beurs, maakt Beursnerd XL en is redacteur bij de podcast Onder Curatoren. Vraag hem naar obscure zaken op financiële markten en hij vertelt je waarom het eigenlijk nóg leuker is dan je al dacht. Over de podcast: Met BNR Beurs ga je altijd voorbereid de nieuwe beursdag in. We praten je in een kleine 25 minuten bij over alle laatste ontwikkelingen op de handelsvloer. We blijven niet alleen bij de AEX of Wall Street, maar vertellen je ook waar nog meer kansen liggen. En we houden het niet bij de cijfers, maar zoeken ook iedere dag voor je naar duiding van scherpe gasten en experts. Of je nu een ervaren belegger bent of net begint met je eerste stappen op de beurs, de podcast biedt waardevolle inzichten voor je beleggingsstrategie. Door de focus op zowel de korte termijn als de lange termijn, helpt BNR Beurs luisteraars om de ruis van de markt te scheiden van de essentie. Van Musk tot Microsoft en van Ahold tot ASML. Wij vertellen je wat beleggers bezighoudt, wie de markten in beweging zet en wat dat betekent voor jouw beleggingsportefeuille.See omnystudio.com/listener for privacy information.

Tesla zou, volgens persbureau Reuters, bezig zijn met de ontwikkeling van een nieuwe, kleinere én goedkopere elektrische SUV. Dat hoort Reuters van meerdere mensen die betrokken zijn bij het project. Tesla zou de afgelopen weken contact hebben gelegd met leveranciers, om de details van de compacte SUV te bespreken. Het zou geen variant zijn van de Model 3 of de Model Y, maar echt een totaal nieuw voertuig. Opvallend, want dat goedkopere model werd in 2024 nog gecanceld door topman Elon Musk die het onnozel en zinloos vond. Deze aflevering hoor je van Noud Broekhof meer over deze interessante wending. Ook kijken we of dit een kickstart kan worden voor het aandeel Tesla.Hebben we het ook over mogelijke insinder trading. Een Amerikaans congreslid denkt namelijk dat bepaalde olie- en beurshandelaren informatie krijgen uit het Witte Huis. Net voor belangrijke aankondigingen van president Trump worden er namelijk enorme transacties op de oliemarkt óf aandelenmarkt gedaan.Over de VS gesproken, je hoort ook meer over de Amerikaanse centrale bank. Waarom ze bij de Fed denken aan een renteverlaging, ondanks alle onzekerheid rondom Iran en de importheffingen. Te gast: Nico Inberg van De Aandeelhouder BNR Beurs is een journalistiek onafhankelijke productie, mede mogelijk gemaakt door Saxo. Over de makers: Jelle Maasbach is presentator van BNR Beurs en freelance financieel journalist. Zijn favoriete aandeel om over te praten is Disney, maar daar lijkt hij de enige in te zijn. Sinds de eerste uitzending van BNR Beurs is 'ie er bij. Maxim van Mil is presentator van BNR Beurs en journalist bij BNR, waar hij zich focust op de financiële markten en ontwikkelingen in de tech-wereld. Je krijgt hem het meest enthousiast als hij kan praten over ASML, of oer-Hollandse bedrijven zoals Ahold of ABN Amro. Jorik Simonides is presentator van BNR Beurs, economieredacteur en verslaggever bij BNR. Hij wordt er vooral blij van als het een keer níet over AI gaat. Milou Brand is presentator van BNR Beurs, freelance podcastmaker en columnist bij het Financieele Dagblad. Jochem Visser is presentator van BNR Beurs, maakt Beursnerd XL en is redacteur bij de podcast Onder Curatoren. Vraag hem naar obscure zaken op financiële markten en hij vertelt je waarom het eigenlijk nóg leuker is dan je al dacht. Over de podcast: Met BNR Beurs ga je altijd voorbereid de nieuwe beursdag in. We praten je in een kleine 25 minuten bij over alle laatste ontwikkelingen op de handelsvloer. We blijven niet alleen bij de AEX of Wall Street, maar vertellen je ook waar nog meer kansen liggen. En we houden het niet bij de cijfers, maar zoeken ook iedere dag voor je naar duiding van scherpe gasten en experts. Of je nu een ervaren belegger bent of net begint met je eerste stappen op de beurs, de podcast biedt waardevolle inzichten voor je beleggingsstrategie. Door de focus op zowel de korte termijn als de lange termijn, helpt BNR Beurs luisteraars om de ruis van de markt te scheiden van de essentie. Van Musk tot Microsoft en van Ahold tot ASML. Wij vertellen je wat beleggers bezighoudt, wie de markten in beweging zet en wat dat betekent voor jouw beleggingsportefeuille.See omnystudio.com/listener for privacy information.

Follow Forbes Talks  Shares of Universal Music Group, the world's largest record label that houses artists like Taylor Swift and Kendrick Lamar, surged early Tuesday after billionaire Bill Ackman's Pershing Square offered to buy the company in a transaction worth about $64 billion. KEY FACTS Shares of UMG are up nearly 10% as of 9 a.m. EST on Tuesday, hours after Ackman's Pershing Square announced a bid to buy the major record label. Pershing Square offered to purchase UMG—which is listed on the Euronext Amsterdam stock exchange—in a transaction that would value the company at €30.40, or about $35.13, per share, and pay €9.4 billion, or $10.86 billion, in cash to UMG shareholders. The transaction would merge the record label with Pershing Square SPARC Holdings, and it would shift UMG's primary stock listing from Amsterdam to the New York Stock Exchange. Ackman said he is looking to buy UMG because its “stock price has languished due to a combination of issues that are unrelated to the performance of its music business,” citing the postponement of UMG's New York stock listing, uncertainty over billionaire Vincent Bolloré's 18% stake, underutilization of its balance sheet and suboptimal investor relations, among other issues. The deal proposed a new employment contract and compensation agreement for UMG CEO Lucian Grainge, and Ackman said the board would be “refreshed” to include Michael Ovitz, co-founder and former chairman of Creative Arts Agency, as its chair with two additional representatives from Pershing Square and members of the current UMG board. Ackman said the cash portion of the transaction would be funded with about $2.9 billion in cash from Pershing Square, $6.2 billion in debt financing and $1.7 billion from selling UMG's stake in Spotify. BACKGROUND Ackman previously expressed interest in UMG in 2021, vowing to buy a 10% stake in UMG through his SPAC, but he abandoned the deal after pushback from regulators. He purchased a 10% stake instead through Pershing Square, and he sat on the company's board of directors until he resigned in 2025, citing other commitments. While on the board, Ackman pushed for UMG to shift to a New York stock listing, saying in 2024 the company “trades at a large discount to its intrinsic value with limited liquidity in significant part due to it not having its primary listing” in the United States. Ackman noted in a slide deck posted to his X account Tuesday morning UMG's shares are down 39% from its peak two years ago, saying it is “trading near an all-time low.” CHIEF CRITICS Nicolas Marmurek, an analyst at Square Global, told Bloomberg the proposal “looks very much dead from the start” unless Bolloré supports the acquisition. “We doubt Bolloré will accept such terms, and had Bolloré been on board he would be recommending the transaction. This is very much a move by Pershing Square to put the proposal in front of shareholders,” Marmurek said. Read the full story on Forbes: By Conor Murray https://www.forbes.com/sites/conormurray/2026/04/07/universal-music-group-shares-surge-after-bill-ackmans-pershing-square-offers-to-purchase-label/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Trump informó que había llegado a un acuerdo con Irán, que contempla un alto al fuego de dos semanas y la reapertura inmediata del estrecho de Ormuz. En medio de todo está Pakistán, quien básicamente fue el mediador entre ambos países. El secretario de Salud federal, David Kershenobich, informó que los sueros vitaminados que han provocado siete muertes en Sonora pudieron estar contaminados con bacterias, lo que habría provocado cuadros de sepsis en los pacientes.Los agricultores comenzaron un paro nacional para demandar mejores condiciones para el campo. Ojo, el Frente Nacional para el Rescate del Campo Mexicano denunció que agricultores fueron reprimidos por las autoridades tlaxcaltecas y federales el lunes. La petición para trasladar el “Guernica” de Pablo Picasso al País Vasco desató una fuerte polémica política en España.El fondo de inversión Pershing Square anunció una oferta millonaria para adquirir Universal Music Group.El festival Wireless fue cancelado, luego de que a Kanye West le prohibieron la entrada al Reino Unido. En el acuario de Nueva Inglaterra vive una foca de puerto llamada Reggae, que ama a sus patitos de plástico.Para enterarte de más noticias, suscríbete aquí a nuestro newsletter y síguenos en redes sociales. Estamos en todas las plataformas como Te lo cuento. Hosted on Acast. See acast.com/privacy for more information.

Reading Jamie Dimon's annual letter to shareholders is one of those calendar events. For those who haven't had time to read it, we broke down some of the big takeaways from the letter as well as pushed back at some of the things we were less sure about. Plus, dissecting Bill Ackman's Universal Music Group bid and answering listener questions. Tyler Crowe, Lou Whiteman, and Jason Hall discuss: - Jamie Dimon's message to JPMorgan investors - Dimon's words of warning to the private credit market - Whether rolling back bank regulations is the best idea - Pershing Square bids for Universal Music Group - Bill Ackman's investing track record - Listener question: Are covered call ETFs a good idea Companies discussed: JPM, OWL, PSHZF, UMGNF, JEPQ Host: Tyler Crowe Guests: Jason Hall, Lou Whiteman Engineer: Dan Boyd Disclosure: Advertisements are sponsored content and provided for informational purposes only. The Motley Fool and its affiliates (collectively, “TMF”) do not endorse, recommend, or verify the accuracy or completeness of the statements made within advertisements. TMF is not involved in the offer, sale, or solicitation of any securities advertised herein and makes no representations regarding the suitability, or risks associated with any investment opportunity presented. Investors should conduct their own due diligence and consult with legal, tax, and financial advisors before making any investment decisions. TMF assumes no responsibility for any losses or damages arising from this advertisement. We're committed to transparency: All personal opinions in advertisements from Fools are their own. The product advertised in this episode was loaned to TMF and was returned after a test period or the product advertised in this episode was purchased by TMF. Advertiser has paid for the sponsorship of this episode. Learn more about your ad choices. Visit ⁠⁠⁠⁠⁠⁠⁠⁠megaphone.fm/adchoices⁠⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

Carl Quintanilla, Jim Cramer and David Faber explored what to make of the moves in stocks, oil prices and bonds — ahead of President Trump's Tuesday 8pm Eastern time deadline for Iran to strike a peace deal. On the AI front:  Anthropic says its revenue run rate surpassed $30 billion, while Broadcom shares jumped on new AI chip-related deals with Google and Anthropic. The anchors reacted to shares of UnitedHealth, Humana and other health insurers rallying after the Trump Administration announced a larger-than-expected Medicare Advantage payment rate for 2027. Also in focus: Jim's take on Apple shares under pressure, SpaceX IPO plans, Bill Ackman's Pershing Square offers to buy Universal Music Group, what's boosting Paramount's stock.   Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

En el episodio de hoy de VG Daily, Andre Dos Santos y Valentina Orduz analizan la jornada bajo el peso del ultimátum de Trump a Irán: reabrir el Estrecho de Ormuz o enfrentar ataques sobre su infraestructura energética.El crudo cotiza por encima de los cien dólares con el Estrecho aún cerrado y Teherán rechazando tanto el plan de alto al fuego propuesto por Washington como cualquier negociación directa. Se publican hoy los pedidos de bienes duraderos de febrero, con lecturas previas que venían por debajo de las proyecciones del mercado.Broadcom divulga acuerdos con Google para desarrollar próximas generaciones de TPUs y con Anthropic para suministrarle varios gigavatios de capacidad de cómputo a partir de 2027; Anthropic revela simultáneamente que su tasa de ingresos anualizados superó los treinta mil millones de dólares. Pershing Square, el fondo de Bill Ackman, presenta una oferta no vinculante sobre Universal Music Group con una prima superior al 75% sobre su cotización reciente.

Alwéér een AEX-bedrijf dat de index misschien wel gaat verlaten. Ditmaal is het Universal Music Group. Er ligt een overnamebod voor het grootste platenlabel ter wereld. Investeerder Bill Ackman wil er met zijn Pershing Square 56 miljard euro voor betalen om het bedrijf naar de VS te halen. Via een overname met een dikke premie wil Ackman dat voor elkaar krijgen. Gaat UMG daarvoor vallen? Dat hoor je in deze aflevering. Verder hebben we het over verbazingwekkende cijfers van Samsung. Daar moeten beleggers zich klaar voor maken, zegt Samsung zelf. De winst over het afgelopen kwartaal gaat 8 keer hoger uitvallen dan een jaar terug, denken ze. Is dit een eenmalige treffer of nog maar het begin van de terugkeer van de chipmaker? Je krijgt uiteraard ook het laatste nieuws over de oorlog in Iran. De VS voerde de langverwachte en lang gevreesde aanvallen uit op het belangrijke eiland Kharg. En Trump dreigt om een 'beschaving weg te vagen' als Iran niet met zijn voorwaarden voor een staakt-het-vuren akkoord gaat. Toch zijn beleggers niet echt onder de indruk. Je hoort ook nog hoe Elon Musk een extra zakcent probeert te verdienen aan de beursgang van zijn SpaceX. En waarom Apple-beleggers schrikken van de plannen voor de vouwbare iPhone die later dit jaar uit moet komen. Te gast: Arend Jan Kamp van Stockwatch.nl BNR Beurs is een journalistiek onafhankelijke productie, mede mogelijk gemaakt door Saxo. Over de makers: Jelle Maasbach is presentator van BNR Beurs en freelance financieel journalist. Zijn favoriete aandeel om over te praten is Disney, maar daar lijkt hij de enige in te zijn. Sinds de eerste uitzending van BNR Beurs is 'ie er bij. Maxim van Mil is presentator van BNR Beurs en journalist bij BNR, waar hij zich focust op de financiële markten en ontwikkelingen in de tech-wereld. Je krijgt hem het meest enthousiast als hij kan praten over ASML, of oer-Hollandse bedrijven zoals Ahold of ABN Amro. Jorik Simonides is presentator van BNR Beurs, economieredacteur en verslaggever bij BNR. Hij wordt er vooral blij van als het een keer níet over AI gaat. Milou Brand is presentator van BNR Beurs, freelance podcastmaker en columnist bij het Financieele Dagblad. Jochem Visser is presentator van BNR Beurs, maakt Beursnerd XL en is redacteur bij de podcast Onder Curatoren. Vraag hem naar obscure zaken op financiële markten en hij vertelt je waarom het eigenlijk nóg leuker is dan je al dacht. Over de podcast: Met BNR Beurs ga je altijd voorbereid de nieuwe beursdag in. We praten je in een kleine 25 minuten bij over alle laatste ontwikkelingen op de handelsvloer. We blijven niet alleen bij de AEX of Wall Street, maar vertellen je ook waar nog meer kansen liggen. En we houden het niet bij de cijfers, maar zoeken ook iedere dag voor je naar duiding van scherpe gasten en experts. Of je nu een ervaren belegger bent of net begint met je eerste stappen op de beurs, de podcast biedt waardevolle inzichten voor je beleggingsstrategie. Door de focus op zowel de korte termijn als de lange termijn, helpt BNR Beurs luisteraars om de ruis van de markt te scheiden van de essentie. Van Musk tot Microsoft en van Ahold tot ASML. Wij vertellen je wat beleggers bezighoudt, wie de markten in beweging zet en wat dat betekent voor jouw beleggingsportefeuille.See omnystudio.com/listener for privacy information.

Werbung | Exklusives Angebot für unsere Hörer: Testet Handelsblatt Premium 4 Wochen für 1 € und bleibt zu den Entwicklungen an den Finanz- und Aktienmärkten informiert. Mehr zum Vorteilsangebot der Handelsblatt-Fachmedien erfahrt ihr unter: www.handelsblatt.com/mehraktien Die Wall Street startet nervös in den Dienstag: Die Futures auf den Dow Jones liegen rund 200 Punkte im Minus, auch die Futures auf den S&P 500 und den Nasdaq 100 tendieren vorbörslich schwächer. Belastet wird die Stimmung vor allem durch die geopolitische Lage im Nahen Osten, denn die Hoffnung auf eine schnelle Einigung mit dem Iran schwindet, während die von US-Präsident Trump gesetzte Frist zur Öffnung der Straße von Hormus heute um 20 Uhr ET ausläuft. Zusätzlichen Druck erzeugen unbestätigte Berichte über mögliche US-Angriffe auf militärische Ziele auf Kharg Island. Gleichzeitig setzt ein Teil des Marktes weiter darauf, dass es sich am Ende nur um ein kurzfristiges geopolitisches Risiko-Event handelt und der grundsätzlich bullishe Trend danach wieder aufgenommen werden könnte. Bei den Einzelwerten stehen vor allem Broadcom (AVGO) nach dem KI-Deal mit Alphabet/Google (GOOGL) und Anthropic im Fokus, während auch Universal Music Group (UMG) nach dem Vorstoß von Pershing Square genauer beobachtet wird. Ein Podcast - featured by Handelsblatt. ► Direkt an der Börse handeln mit tradegate.direct: https://bit.ly/wallstreet_april * +++ Alle Rabattcodes und Infos zu unseren Werbepartnern findet ihr hier: https://linktr.ee/wallstreet_podcast +++ Impressum: https://www.360wallstreet.de/impressum *Werbung

Seduta negativa per Leonardo tra incertezze sul management, mentre Commerzbank respinge l'ops di Unicredit. Forte spinta dai chip AI per Samsung con utili record, mentre Anthropic accelera e sfida OpenAI sul fatturato. Nel settore M&A, Pershing Square lancia un'offerta su Universal Music, ridisegnando gli equilibri nel comparto media globale. Learn more about your ad choices. Visit megaphone.fm/adchoices

Alwéér een AEX-bedrijf dat de index misschien wel gaat verlaten. Ditmaal is het Universal Music Group. Er ligt een overnamebod voor het grootste platenlabel ter wereld. Investeerder Bill Ackman wil er met zijn Pershing Square 56 miljard euro voor betalen om het bedrijf naar de VS te halen. Via een overname met een dikke premie wil Ackman dat voor elkaar krijgen. Gaat UMG daarvoor vallen? Dat hoor je in deze aflevering. Verder hebben we het over verbazingwekkende cijfers van Samsung. Daar moeten beleggers zich klaar voor maken, zegt Samsung zelf. De winst over het afgelopen kwartaal gaat 8 keer hoger uitvallen dan een jaar terug, denken ze. Is dit een eenmalige treffer of nog maar het begin van de terugkeer van de chipmaker? Je krijgt uiteraard ook het laatste nieuws over de oorlog in Iran. De VS voerde de langverwachte en lang gevreesde aanvallen uit op het belangrijke eiland Kharg. En Trump dreigt om een 'beschaving weg te vagen' als Iran niet met zijn voorwaarden voor een staakt-het-vuren akkoord gaat. Toch zijn beleggers niet echt onder de indruk. Je hoort ook nog hoe Elon Musk een extra zakcent probeert te verdienen aan de beursgang van zijn SpaceX. En waarom Apple-beleggers schrikken van de plannen voor de vouwbare iPhone die later dit jaar uit moet komen. Te gast: Arend Jan Kamp van Stockwatch.nl BNR Beurs is een journalistiek onafhankelijke productie, mede mogelijk gemaakt door Saxo. Over de makers: Jelle Maasbach is presentator van BNR Beurs en freelance financieel journalist. Zijn favoriete aandeel om over te praten is Disney, maar daar lijkt hij de enige in te zijn. Sinds de eerste uitzending van BNR Beurs is 'ie er bij. Maxim van Mil is presentator van BNR Beurs en journalist bij BNR, waar hij zich focust op de financiële markten en ontwikkelingen in de tech-wereld. Je krijgt hem het meest enthousiast als hij kan praten over ASML, of oer-Hollandse bedrijven zoals Ahold of ABN Amro. Jorik Simonides is presentator van BNR Beurs, economieredacteur en verslaggever bij BNR. Hij wordt er vooral blij van als het een keer níet over AI gaat. Milou Brand is presentator van BNR Beurs, freelance podcastmaker en columnist bij het Financieele Dagblad. Jochem Visser is presentator van BNR Beurs, maakt Beursnerd XL en is redacteur bij de podcast Onder Curatoren. Vraag hem naar obscure zaken op financiële markten en hij vertelt je waarom het eigenlijk nóg leuker is dan je al dacht. Over de podcast: Met BNR Beurs ga je altijd voorbereid de nieuwe beursdag in. We praten je in een kleine 25 minuten bij over alle laatste ontwikkelingen op de handelsvloer. We blijven niet alleen bij de AEX of Wall Street, maar vertellen je ook waar nog meer kansen liggen. En we houden het niet bij de cijfers, maar zoeken ook iedere dag voor je naar duiding van scherpe gasten en experts. Of je nu een ervaren belegger bent of net begint met je eerste stappen op de beurs, de podcast biedt waardevolle inzichten voor je beleggingsstrategie. Door de focus op zowel de korte termijn als de lange termijn, helpt BNR Beurs luisteraars om de ruis van de markt te scheiden van de essentie. Van Musk tot Microsoft en van Ahold tot ASML. Wij vertellen je wat beleggers bezighoudt, wie de markten in beweging zet en wat dat betekent voor jouw beleggingsportefeuille.See omnystudio.com/listener for privacy information.

(0:00) Intro (1:31) About the podcast sponsor: The American College of Governance Counsel (2:18) Start of interview (3:10) Ben's origin story (7:14) Embracing Nevada as Home. Joining University of Nevada Las Vegas (UNLV) in 2017. (10:14) Joining Wilson Sonsini as Senior of Counsel (2026) (13:00) The Reincorporation Movement. Competition between Delaware, Texas, Nevada and others. *Reference to E201 with Leo Strine (14:28) Tracking Company Reincorporation Movements (at Business Law Prof Blog) (16:02) The Texas vs. Nevada Landscape (17:50) Reasons Companies Move Jurisdictions *Reference to E194 with Richard Blake on SV150 companies (23:15) Delaware advantages (25:32) How Nevada is competing: "[W]e need to be able to do is reduce the friction and the barriers to picking Nevada as a jurisdiction." (26:09) Delaware's SB21 and Its Implications. *Reference to Cornerstone Research report on the increase of M&A settlements and paper Is Delaware Different? Stockholder Lawyering in the Court of Chancery by Jessica Erickson, Adam Pritchard, and Stephen Choi (31:54) The Race to the Bottom theory *Reference to E200 with Betsy Atkins (34:50) Nevada's Business Courts and Future Changes (constitutional amendment) (41:44) The IPO Landscape: Trends and Insights (Delaware fell from over 80% of IPO incorporations in 2022-2024 to just under 62% in 2025; Nevada reached ~17%, and Texas just under 4%). Bill Ackman picking Nevada for the IPO of Pershing Square. (44:45) Addressing Nevada's Reputation (the example of LQR House reincorporating from Nevada to Delaware) *Reference to the Startup Litigation Digest (49:06) Founder-Led Companies and Jurisdiction Choices. Example of Mark Pincus: Founders, Leave Delaware (While You Still Can) (53:46) Nevada's Commission to Study the Adjudication of Business Law Cases (55:50) Books that have greatly influenced his life: Give and Take, by Adam Grant (2013) Drive, by Daniel Pink (2009) Chimpanzee Politics, by Frans de Waal (1982) (57:16) His mentors.  (58:16) Quotes that he thinks of often or lives her life by "To have a friend, you got to be a friend."  (58:39) An unusual habit or an absurd thing that he loves (58:57) The living person he most admires Benjamin Edwards is a Professor of Law at the William S. Boyd School of Law at the University of Nevada, Las Vegas (UNLV). Ben also recently joined Wilson Sonsini as Senior Of Counsel to provide guidance to Nevada-incorporated companies. You can follow Evan on social media at:X: @evanepsteinLinkedIn: https://www.linkedin.com/in/epsteinevan/ Substack: https://evanepstein.substack.com/__To support this podcast you can join as a subscriber of the Boardroom Governance Newsletter at https://evanepstein.substack.com/__Music/Soundtrack (found via Free Music Archive): Seeing The Future by Dexter Britain is licensed under a Attribution-Noncommercial-Share Alike 3.0 United States License

In der heutigen Folge sprechen die Finanzjournalisten Anja Ettel und Holger Zschäpitz über einen Warnschuss für Novo Nordisk, Amazons Mega-Emission und eine Dividendenperle mit Deindustrialisierungsgefahr. Außerdem geht es um Oracle, Verizon, AB Inbev, CVS, Microsoft, Meta, Nvidia, Vertiv, GE Vernova, Pershing Square, Berkshire Hathaway, Eli Lilly, NIO, Hugo Boss, Lufthansa, Bristol Myers Squibb, Astellas, Volkswagen, Audi, Stellantis, Ferrari. Wir freuen uns an Feedback über aaa@welt.de. Noch mehr "Alles auf Aktien" findet Ihr bei WELTplus und Apple Podcasts – inklusive aller Artikel der Hosts und AAA-Newsletter. Hier bei WELT: https://www.welt.de/podcasts/alles-auf-aktien/plus247399208/Boersen-Podcast-AAA-Bonus-Folgen-Jede-Woche-noch-mehr-Antworten-auf-Eure-Boersen-Fragen.html. Der Börsen-Podcast Disclaimer: Die im Podcast besprochenen Aktien und Fonds stellen keine spezifischen Kauf- oder Anlage-Empfehlungen dar. Die Moderatoren und der Verlag haften nicht für etwaige Verluste, die aufgrund der Umsetzung der Gedanken oder Ideen entstehen. Hörtipps: Für alle, die noch mehr wissen wollen: Holger Zschäpitz können Sie jede Woche im Finanz- und Wirtschaftspodcast "Deffner&Zschäpitz" hören. +++ Werbung +++ Du möchtest mehr über unsere Werbepartner erfahren? Hier findest du alle Infos & Rabatte! https://linktr.ee/alles_auf_aktien Impressum: https://www.welt.de/services/article7893735/Impressum.html Datenschutz: https://www.welt.de/services/article157550705/Datenschutzerklaerung-WELT-DIGITAL.html

Erfahre hier mehr über unseren Partner Scalable Capital - dem Broker mit einem der besten YouTube-Kanäle zu Aktien & Investments. https://www.youtube.com/@scalable.capital/videos BioNTech-Gründer sind weg. Evotec fällt. Ackman bringt Pershing Square an Börse. Meta kauft KI-Netzwerk Moltbook. NVIDIA investiert in Mira Muratis Startup. Salesforce & Amazon haben Anleihen. Oracle hat Zahlen. VW (WKN: 766403) hat neue Zahlen. Krise ist weiter da. Aber wie schlimm? Haben wir mit Jürgen Pieper und Nikolaj Schmolcke diskutiert. Der Ölpreis schwankt zwischen 120 und unter 90 Dollar an einem Tag. Gold hält sich stabil. Der Dollar bleibt sicherer Hafen. Was grade los ist, haben wir mit Christian Röhl besprochen - dem Chief Economist von Scalable Capital. Diesen Podcast vom 11.03.2026, 3:00 Uhr stellt dir die Podstars GmbH (Noah Leidinger) zur Verfügung.

This episode features a large news slate: Meta gets $2B boost from Ackman's Pershing Square, McDonald's US sales surge amid focus on affordability, Social media not 'clinically : addictive,' per Instagram CEO. QOFTW: Rapid Firehttps://www.instagram.com/delano.saporu/?hl=en. Connect with me here also: https://newstreetadvisorsgroup.com/social/. Want to support the show? Feel free to do so here! https://anchor.fm/delano-saporu4/support. Thank you for listening.

L.A. Mayor Karen Bass launches her 2026 re-election campaign. A street artist’s Pershing Square installation is overtaken by its subjects, pigeons. One man’s story of salvaging a destroyed watch from the ruins of the Palisades Fire. Plus, more. Support The L.A. Report by donating at LAist.com/join and by visiting https://laist.com Visit www.preppi.com/LAist to receive a FREE Preppi Emergency Kit (with any purchase over $100) and be prepared for the next wildfire, earthquake or emergency!Support the show: https://laist.com

En el episodio de hoy, el foco se divide entre avances tecnológicos, tropiezos en el sector farmacéutico y el rebote del mercado mientras se acerca una semana corta pero cargada de datos económicos clave:

Die Futures waren einige Stunden vor Handelsstart stark im Plus, haben die gesamten Gewinne vor dem Start abgegeben. Seit Anfang September ging es an einem Montag im Nasdaq 100 zumeist bergauf. Wer nur an dem Tag in dem Index investiert war, blickt seit Anfang September auf eine Performance von 11%. Die Aktien von Google stehen weiterhin im Fokus. Berkshire Hathaway hat während des dritten Quartals eine rund $4 Mrd. Beteiligung aufgebaut. Bill Ackman von Pershing Square hat 6,3 Millionen Aktien in den Alphabet Class C-Aktien gehalten, und die Anteile an den Alphabet Class-A Aktien von 5,4 auf 4,8 Millionen gesenkt. Diese Woche soll Gemini 3 von Google an den Start gehen. Einige glauben, dass man damit OpenAI und Anthropic überholen wird. Dass Donald Trump die Zölle auf diverse Nahrungsmittel senken wird, könnte den Aktien der Restaurant- und Getränke-Bereich zugutekommen. Barron's nennt Starbucks, Chipotle, Cheesecake Factory und Keurig Dr. Pepper als Gewinner. Aramark ist auf den Betrieb von Cafeterias und Lebensmittel für Restaurants und im Unterhaltungsbereich etabliert. Die Aktie ist nach verfehlten Zahlen und Aussichten unter Druck. Ein Podcast - featured by Handelsblatt. +++ Alle Rabattcodes und Infos zu unseren Werbepartnern findet ihr hier: https://linktr.ee/wallstreet_podcast +++ +++ Hinweis zur Werbeplatzierung von Meta: https://backend.ad-alliance.de/fileadmin/Transparency_Notice/Meta_DMAJ_TTPA_Transparency_Notice_-_Ad_Alliance_approved.pdf +++ Der Podcast wird vermarktet durch die Ad Alliance. Die allgemeinen Datenschutzrichtlinien der Ad Alliance finden Sie unter https://datenschutz.ad-alliance.de/podcast.html Die Ad Alliance verarbeitet im Zusammenhang mit dem Angebot die Podcasts-Daten. Wenn Sie der automatischen Übermittlung der Daten widersprechen wollen, klicken Sie hier: https://datenschutz.ad-alliance.de/podcast.html Impressum: https://www.360wallstreet.de/impressum

Ahead of the annual Goldman Sachs Alternatives Summit, CEO David Solomon discusses the AI bubble, concerns about the private credit markets, and his own firm's growth ambitions. In an extended interview, hedge fund manager Bill Ackman makes his pitch to fellow New Yorkers and business owners: vote in the NYC mayoral election. Ackman underscores the importance of Curtis Sliwa's voters in this election, and he shares his concerns about Zohran Mamdani's plans, should he be elected mayor. Plus, Apple hit an all time high, President Trump has turned to Australia for rare earth minerals, and two members of the ‘Paypal mafia' are sparring over AI on social media. David Solomon - 12:09Bill Ackman - 34:35 In this episode:Bill Ackman, @BillAckmanJoe Kernen, @JoeSquawk Becky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In this episode, Scott Becker discusses Bill Ackman's latest portfolio moves as Pershing Square doubles down on Amazon and Uber.

In this episode, Scott Becker discusses Bill Ackman's latest portfolio moves as Pershing Square doubles down on Amazon and Uber.

Dans cette série d'été, « La Story », le podcast d'actualité des « Echos », fait une plongée dans les grands fonds d'investissement. Pour ce dernier épisode, Margaux Boulte et ses invitées nous font découvrir Pershing Square, le fonds spéculatif dont le pugnace patron activiste, Bill Ackman, enchaîne les batailles.Retrouvez l'essentiel de l'actualité économique grâce à notre offre d'abonnement Access : abonnement.lesechos.fr/lastoryLa Story est un podcast des « Echos » présenté par Margaux Boulte. Cet épisode a été enregistré en juillet 2025. Rédaction en chef : Clémence Lemaistre. Invitées : Laurence Boisseau (journaliste au service Marchés des « Echos ») et Isabelle Couet (journaliste au service Enquête des « Echos »). Réalisation : Willy Ganne. Chargée de production et d'édition : Michèle Warnet. Musique : Théo Boulenger. Identité graphique : Upian. Photo : Bloomberg. Sons : TED, EugeneMyers « Urban Fight », Ina, Investing Principle, France 24. Hébergé par Acast. Visitez acast.com/privacy pour plus d'informations.

ICYMI: Hour Three of ‘Later, with Mo'Kelly' Presents – An extended, remix edition of “What's Up” with regular guest contributor Nick Pagliochini delving into everything the Southland has to offer; from a trip down memory lane with the ‘McDonaldland' "Adult Happy Meals" available right now at Mickey D's; to the “Summer Lunch Cruises” in Long Beach at Shoreline Village…PLUS – A preview of the “THRIFTOPIA Flea Market” at Pershing Square in DTLA, the “44th Ramona Rodeo” in San Diego County, and Dunkin' Donuts' “Fall Menu Drop”!!! Be sure to follow @NickPagliochini & @ThisWeekendWithNick on social media so you don't miss any of the upcoming Halloween Time/Spooky Season happenings, as well as much more - on KFI AM 640…Live everywhere on the iHeartRadio app & YouTube @MrMoKelly

//The Wire//2300Z June 10, 2025////ROUTINE////BLUF: RIOTS CONTINUE TO SPREAD GLOBALLY. 17x COORDINATED IED BLASTS REPORTED IN COLOMBIA. MASS SHOOTING STRIKES AUSTRIA. STABBING ATTACKS CONTINUE IN SPAIN. UNREST AND RIOTING CONTINUES IN NORTHERN IRELAND.// -----BEGIN TEARLINE------International Events-Colombia: Overnight an IED was detonated at the Police Headquarters in Buenaventura, with no injuries being reported. This morning, 16x more IED blasts were reported throughout the nation. These blasts mostly took the form of Vehicle-Borne IEDs (VBIEDs), striking the city of Cali as well as some minor outlying areas.AC: These attacks are significant due to the level of coordination required to conduct these attacks at scale. So far, the casualty count is minimal, with most of the IEDs detonating after being parked at fixed sites such as police stations.Austria: A school shooting was reported at the BORG Dreierschützengasse high school Graz, resulting in 10x fatalities and over a dozen wounded. The suspect eliminated themselves after conducting the attack, and has not yet been identified by authorities.Spain: A city sanitation worker was stabbed in Cambrils yesterday. This comes after three men were arrested for stabbing another man in the same city two weeks ago.Northern Ireland: Riots broke out over the weekend following a series of high-profile assaults in Ballymena. What started out as peaceful protest transitioned into small-scale riots once darkness fell on Monday, with minor pockets of violence and arson continuing today.AC: As one might expect, details on this case are hard to verify as no mainstream media is providing details pertaining to the incident that started all of this. However, at face value this appears to be similar to the Rotheram Grooming Scandal that came to light in the U.K. last year. Locals in Northern Ireland state that two Romanian immigrants assaulted several young girls over the weekend, which resulted in the tipping point being reached in Ballymena. Locals set fire to the homes of the suspects, and have destroyed much of the migrant housing in the local area.Far East: Two Chinese PLAN aircraft carriers were observed operating in the waters off the coast of Iwo Jima overnight, marking the first time that both of China's aircraft carriers have been observed conducting joint exercises.-HomeFront-California: The Los Angeles Riots continue as before amid increasing National Guard deployment. 2/7 Marines began movement into the area yesterday, while the roughly 2,000 National Guard forces continue mobilization.Overnight, looting and rioting continued throughout the downtown LA area, with pockets of rioting emerging in Little Tokyo, the LA LIVE area, and Pershing Square. Most stores along Broadway were burglarized in the process by coordinated gangs of looters. Train service was halted for Little Tokyo, Chinatown, and Union Station due to unrest in and around the stations. Various ride-share and autonomous driving taxi companies have also begun to shut down services throughout Los Angeles, with Waymo vehicles being observed maneuvering out of the city early yesterday after several of their vehicles were set on fire.This afternoon, the rioting continued in the same locations as before, with the 101 being shut down due to protesters once again. Additionally, a possible small arms attack was conducted at the corner of Atlantic and Alondra in Compton. An unidentified male produced a firearm and pointed it at a police line down the street.AC: As this is a developing situation at the time of this report, many details are unclear. However, it's only a matter of time before small arms attacks take place, either directed at law enforcement or otherwise. Several gangs throughout the Los Angeles area have made statements indicating that they will defend their turf with

In this episode of Yet Another Value Podcast, host Andrew Walker interviews the first-year Columbia MBA team who unanimously won the 18th Annual Pershing Square Challenge with their investment thesis on Carlisle Companies (CSL). The team—Tuan, Dimitry, and Erik—shares their detailed research into the commercial roofing giant, exploring its competitive moats, sticky customer relationships, management alignment, valuation framework, and opportunities for expansion. They discuss their firsthand trade show research, unique insight into labor dynamics, and responses to key concerns like cyclicality and pricing power. The conversation also covers the company's history, recent transformation, and what could keep an investor up at night.You can find the team's CSL pitch deck here: https://www.dropbox.com/scl/fi/mn4ib4897o8gfpgdzs03c/CSL-US-Carlisle-Pershing-Square-Challenge-Presentation_YAVB_Abridged.pdf?rlkey=ck47pu6samrrnctwlfyr536hc&e=1&st=nj9zt415&dl=0______________________________________________________________________[00:00:00] Intro to podcast and guests[00:02:44] Guest introductions and backgrounds[00:05:35] Overview of Carlisle Companies[00:08:32] Pitch background and idea process[00:13:03] Unique research: trade show visits[00:19:28] Carlisle's competitive advantages[00:24:58] Sticky customer and contractor base[00:30:00] Valuation and IRR framework[00:35:14] Management's strategy and alignment[00:42:07] Target 2030 growth breakdown[00:46:20] QXO, Beacon, and distribution impact[00:52:22] Risks and margin sustainability[00:54:28] Potential new entrants: Berkshire risk[00:56:33] Labor shortages and benefits[01:00:17] Leverage and capital allocation debate[01:02:56] Final reflections and thank yousLinks:Yet Another Value Blog - https://www.yetanothervalueblog.com See our legal disclaimer here: https://www.yetanothervalueblog.com/p/legal-and-disclaimer

In a surprise announcement at the 2025 Berkshire Hathaway Shareholder Meeting, Warren Buffett announced that Greg Abel will become CEO at year-end. Becky Quick is in Omaha recapping the highlights of that meeting and the shareholder reception to that moment. Meanwhile, Bill Ackman's Pershing Square will invest $900 million in Howard Hughes, in a move that's part of what Ackman considers his long-held ambition of building a company like Berkshire Hathaway. Check out the rest of CNBC's Berkshire Hathaway Annual Meeting coverage here. Bill Ackman - 23:04 In this episode:Bill Ackman, @BillAckmanBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinCameron Costa, @CameronCostaNY

Pershing Square Capital Founder & CEO Bill Ackman was named executive chair of the Howard Hughes board. He speaks with Bloomberg's Sonali Basak at the Milken Conference.See omnystudio.com/listener for privacy information.

The Department of Justice is asking Alphabet to sell Chrome. (00:21) Jason Moser and Ricky Mulvey discuss: - Why Apple could lose an “easy $20 billion” from Alphabet's break-up. - General Motor's big bet on electric vehicles. - Bill Ackman's hedge fund, Pershing Square, buying a 20% stake in Hertz. Then, (16:52) Robert Brokamp answers listener questions about tariffs, capital accumulation plans, and 401(k)s. Companies mentioned: GOOG, GOOGL, AAPL, GM, TSLA, HTZ Businessweek feature on GM: https://www.bloomberg.com/news/features/2025-04-14/inside-gm-mary-barra-s-35-billion-bet-on-electric-cars Host: Ricky Mulvey Guests: Jason Moser, Robert Brokamp Producer: Mary Long Engineer: Dan Boyd Learn more about your ad choices. Visit megaphone.fm/adchoices

Hertz (HTZ) went into bankruptcy in 2020 before emerging out of it later on. During Wednesday's trading, the rental car company rallied more than 50% following news that activist investor Bill Ackman, with Pershing Square, bought a big stake. Ackman's company owns approximately 4% of Hertz. George Tsilis talks about what drove Ackman to the stock, along with the debt and competition growth headwinds it faces.======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about

On this Friday edition of Sid & Friends in the Morning, Sid takes the show on the road a whole seven blocks down third avenue to Pershing Square Café across from Grand Central Station on 42nd Street. Sid covers all the pertinent news of the day, including Mayor Eric Adams' appearance on the Cats & Cosby radio program last night, President of Ukraine Volodymyr Zelenskyy's trip to the White House to meet with President Trump regarding Ukraine's war against Russia, pro-Palestinian protesters continue their takeover at Barnard College, and Attorney General Pam Bondi releasing the classified Jeffrey Epstein files. Anthony D'Esposito, K.T. McFarland, Stephen A. Smith, Curtis Sliwa, Joe Tacopina, Cory Zelnik and Evan Bass join Sid on this special remote Friday installment of Sid & Friends in the Morning, sponsored by our good friends over at Grand Central Men's Health. Learn more about your ad choices. Visit megaphone.fm/adchoices

Episode Summary:In this episode of The World According to Boyar, Jonathan Boyar sits down with Bill Ackman, the legendary hedge fund manager and founder of Pershing Square, to discuss his latest big move involving Howard Hughes, his unfiltered views on politics, and his growing role as an activist investor. Ackman shares his thoughts on the Trump administration, deregulation, and why he believes reducing government inefficiency could be a game changer for the U.S. economy.On the investing front, he dives into his bid to increase his stake in Howard Hughes Corporation, his vision for transforming it into a "modern-day Berkshire Hathaway," and why he believes the market continues to misprice the company. He also addresses concerns about management fees, corporate governance, and what his long-term plans mean for shareholders.Finally, Ackman opens up about his outspoken presence on X (formerly Twitter), why he's been so vocal on antisemitism and media bias, and how he sees this as part of a larger battle over free speech, democracy, and American values.This is a must-listen episode for investors, market watchers, and anyone interested in how one of the most well-known investors in finance connects the dots between business, politics, and activism.Topics Discussed:

Doogles loves Dave Portnoy going off about how the crypto bros can't hodl. Skippy talks through how functional unemployment is much higher than what the aggregate government data shows. Then he gets fired up about Jamie Dimon's rant about remote work. The episode wraps with Pershing Square's latest annual investor presentation.Join the Skippy and Doogles fan club. You can also get more details about the show at skippydoogles.com, show notes on our Substack, and send comments or questions to skippydoogles@gmail.com.

Megyn Kelly is joined by Bill Ackman, CEO of Pershing Square, to talk about the exciting development that Elon Musk and Vivek Ramaswamy will lead the Department of Government Efficiency (DOGE), how to give a fair severance to the government employees who will be losing their jobs, the key element of Elon and Vivek making government more efficient and not just smaller, Trump's pick of former Fox News host Pete Hegseth for Defense Secretary, Hegseth's lengthy military background, his Shawn Ryan interview that shows the exciting way he'll lead the Pentagon, why Donald Trump is the answer to solving the immigration crisis in America, his plans for tariffs and how they'll affect the economy, MSNBC and Al Sharpton's major ethical lapse in accepting money from Kamala campaign before an interview, the decline of corporate media at CNN and elsewhere, Trump meeting with Biden at the White House, the incredible moment when Trump came face-to-face with the man working to undermine him for so long, the rise of anti-Semitism throughout Europe and the United State, how unchecked immigration can lead to anti-Jewish violence, the post-October 7 rise of anti-Israel sentiment on college campuses, and more.Follow Ackman here: https://x.com/BillAckmanLearn more about the Durbin Marshall Credit Bill: https://GuardYourCard.comDone with Debt: https://www.DoneWithDebt.com/Ground News: Use the link https://groundnews.com/megyn to get 50% off the Vantage subscription to see through mainstream media narratives.Follow The Megyn Kelly Show on all social platforms:YouTube: https://www.youtube.com/MegynKellyTwitter: http://Twitter.com/MegynKellyShowInstagram: http://Instagram.com/MegynKellyShowFacebook: http://Facebook.com/MegynKellyShow Find out more information at: https://www.devilmaycaremedia.com/megynkellyshow

In this episode of Market Mondays, we dive into critical market moves and investment strategies. We discuss the potential implications if Nvidia doesn't reach the $107 price mark and Bill Ackman's plans to take Pershing Square public next year. We also explore the China risk to TSM and Ian's presentation on trading and investing.Additionally, we analyze Warren Buffett's Berkshire Hathaway trimming its stake in BYD and what this could mean for the EV market. We break down ConocoPhillips' acquisition of Marathon Oil in an all-stock deal valued at $17.1 billion and discuss why the energy sector might not be everyone's favorite.We examine the XBD index and play 'Date it or Dump it' with top stocks like ADP, ADBE, VRSK, and more. We also cover David Roche's optimism about upcoming US rate cuts and how investors should position themselves.Furthermore, we address the Dow's recent underperformance and whether investors should lower their expectations for the market's recovery. We compare General Motors to Tesla and debate if GM is the new car king. Lastly, we evaluate HDFC Bank vs. Home Depot vs. Adobe to determine which stock offers the best growth potential, and discuss the confirmation of Elon Musk's pay package and its implications for Tesla. We also share thoughts on investing in companies with strong financials and fundamentals but very little institutional ownership, such as Novo Nordisk (NVO).#MarketMondays #Investing #StockMarket #Nvidia #BillAckman #ChinaRisk #TSM #Trading #Investing #BYD #EnergySector #XBDIndex #StockAnalysis #DavidRoche #RateCuts #DowJones #GeneralMotors #Tesla #HDFCBank #HomeDepot #Adobe #ElonMusk #NovoNordisk #InstitutionalOwnership #FinancialFreedom #InvestmentStrategiesOur Sponsors:* Check out Monarch Money: www.monarchmoney.comSupport this podcast at — https://redcircle.com/marketmondays/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

A.M. Edition for May 31. The Republican Party rallies around Donald Trump after he is found guilty on all 34 counts in his hush-money trial. The conviction adds a layer of drama as Trump barrels ahead to the Nov. 5 election, WSJ's Alex Leary says. Plus, Bill Ackman plans to take his Pershing Square firm public as he looks to capitalize on his social-media fame. We've got the scoop. And, Mexico is on the cusp of electing its first female president. We look at how she might tackle crime, migration, trade and more. Peter Granitz hosts.  Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices