CEO Jensen Huang says the US chipmaker will send chips to Saudi Arabian artificial intelligence (AI) company Humain. The announcement comes as Huang is in Saudi Arabia with US President Trump. Hertz ...

Since Ackman made the first investment, Basic Capital has picked up some notable venture capital backers. In 2023, its seed round was led by Lux Capital and included venture capital firms BoxGroup, ...

Hertz Global Holdings Inc. shares plunged after the car-rental company posted a larger-than-expected loss in the first ...

Hertz Global shares fell in premarket trading Tuesday, a day after the rental car company reported weaker-than-expected revenue and a larger loss than projected for the first quarter.

Hertz Global Holdings shares declined 7.6% in premarket trading Tuesday after recording a wider loss and lower revenue in its latest quarter.

Revenue fell 13% in the period, contributing to an adjusted loss of $1.12 per share, the company said in a statement Monday.

The reinsurer reported a fall in its first-quarter net profit due to higher major-loss expenditures in its property and casualty segment. The company stuck to its full-year outlook on ...

Hertz would likely be worth even less without Bill Ackman. The hedge fund manager recently took a 20% stake in the company, ...

Hertz Global Holdings reports financial results for the first quarter after the market close on Monday. Here's a rundown of ...

After reaching a deal to increase his stake in Howard Hughes Holdings, investor and Pershing Square founder Bill Ackman took ...

Billionaire Bill Ackman is known for making big contrarian bets on Wall Street, including piling into Chipotle Mexican Grill ...