Hedge fund manager Bill Ackman is preparing to take Pershing Square public, according to a report by The Wall Street Journal on Friday, citing sources familiar with the matter. This strategic move involves selling a portion of the company to investors in a funding round expected

The European Commission announced on Friday that it has designated Temu, an online shopping platform owned by PDD Holdings, as a Very Large Online Platform (VLOP) under the Digital Services Act (DSA). This designation mandates Temu to comply with stringent European Union regulations within four months,

Zscaler Inc. (NASDAQ:ZS) reported impressive Q3 results after markets closed yesterday, causing its stock to soar by 17% in pre market trading today. The company achieved a non-GAAP EPS of $0.88, surpassing expectations by $0.23. Revenue also exceeded forecasts, reaching $553.2 million, a 32.1% year-over-year

U.S. stocks are in focus today after the Bureau of Economic Analysis said the core personal consumption expenditures price index was in line with expectations in April. S&P 500 outlook after PCE inflation data For the month, Fed’s preferred inflation gauge came in up 0.2% down from