Pershing Square Annual Investor Letter says it took new investments in Hertz (HTZ), Amazon (AMZN) and Meta (META) over the last 12 months
The Pershing Square Annual Investor Letter highlights new positions in Hertz, Amazon, and Meta, signaling a strategic pivot toward companies with strong growth potential.
Citigroup expects Fed rate cuts to start in May (previously saw March)
Newsquawk Daily Economic Releases - 12th February 2026
Pershing Square Annual Investor Letter says it took new investments in Hertz (HTZ), Amazon (AMZN) and Meta (META) over the last 12 months
French President Macron says US tariffs on Europe economy is a coercion mechanism; Europe must preserve key sectors including Chemicals
Fed's Schmid (2028 voter) sees the labour market breakeven rate between 40-50k per month
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- Exited investments in Chipotle (CMG), CPKC, and Nike (NKE) in 2025, as well as Hilton (HLT) in 2026.
This move may reflect confidence in the consumer discretionary and tech sectors, which could influence market sentiment towards these stocks and their peers, especially given the context of recent exits from other investments like Chipotle and Nike.
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