Elliott Investment Management

Apparel company Lululemon Athletica (NASDAQ:LULU) could provide more details on a turnaround and a new CEO plan when the company reports fourth-quarter financial results Tuesday after market close. Here are the earnings estimates, what experts are saying ahead of the report and the key items to...

Billionaire hedge fund investor Paul Singer just began cashing in on one of his biggest winning bets: Southwest Airlines Co. (NYSE:LUV). Singer's hedge fund, Elliott Investment Management, sold roughly 5.3 million shares of the low-cost carrier, trimming its massive position as the stock trades...

(Editor’s note: The story has been updated to include Norwegian’s statement) Activist investor Elliott Investment Management has reportedly built a stake of more than 10% in Norwegian Cruise Line Holdings (NYSE:NCLH) and plans to push for changes at the struggling cruise operator. The...

BILL Holdings Inc (NYSE:BILL) is having the kind of year stocks don't come back from — at least according to Wall Street. Down more than 40% YTD, sentiment shot and analysts convinced that the SaaS boom-era story is finished. But while the market walked away, three billionaire hedge fund titans —...

PepsiCo Inc (NASDAQ:PEP) aims to silence analysts who are lowering the stock's price target and an activist investor pushing for changes when it releases third-quarter financial results Thursday before the market close. Here are the earnings estimates, what experts are saying about the beverage...

Paul Singer isn't tiptoeing into the energy sector, he's charging in at full throttle. In the first quarter of 2025, Elliott Investment Management hiked its energy sector exposure from 23.84% to a commanding 37.64%, making it the firm's largest allocation. Phillips 66, Suncor: Singer’s...

Activist investor Elliott Investment Management scored a victory on Monday when Institutional Shareholder Services recommended investors elect all four of Elliott’s director nominees to the Phillips 66 (NYSE:PSX) board, bolstering the hedge fund’s campaign for strategic changes at the...

Activist investor Elliott Investment Management has amassed a $2.5 billion stake in Phillips 66 (NYSE:PSX), significantly expanding its position in the U.S. oil refiner and intensifying pressure for operational restructuring, particularly regarding its midstream business. Elliott's latest...

Elliott Investment Management was busy in the third quarter. According to a new 13-F filing with the SEC, the activist made several portfolio moves, with multiple new positions focused around travel and lodging. Here are all of Elliott’s new positions from the third quarter: Utilities Select...

The U.S. Global Jets ETF (NYSE:JETS) is soaring, up 51.65% over the past year, powered by strong gains in its top holdings, including Delta Air Lines Inc (NYSE:DAL) and Southwest Airlines Co (NYSE:LUV). The ETF just made a Golden Cross, a bullish signal signaling more upside ahead. Chart created...

Southwest Airlines Co. (NYSE:LUV) is soaring to new heights following an impressive earnings beat and a fresh alliance with activist investor Elliott Investment Management. In its recent earnings report, the airline posted a 5.3% increase in total operating revenue, hitting $6.87 billion —...

Elliott Investment Management and Southwest Airlines (NYSE:LUV) have begun discussing a potential settlement that could avoid a proxy fight for control of the airline company’s board. What Happened: Elliott has proposed a plan that involves giving it representation on the airline’s...

Rakesh Gangwal, a director at Southwest Airlines Co (NYSE:LUV), has made a significant investment in the company by acquiring 3.6 million shares, valued at over $100 million. This purchase comes amid mounting pressure from activist investor Elliott Investment Management for changes in leadership....

Ahead of the scheduled meeting on Sept. 9, Elliott Investment Management has secured enough shares to call a special meeting at Southwest Airlines (NYSE:LUV). What Happened: Elliott Investment now holds 10% of Southwest Airlines’ common stock, enabling the hedge fund to call a special meeting...

Activist hedge fund Elliott Investment Management and Southwest Airlines Co. (NYSE:LUV) plan to meet for the first time on a couple of weeks to talk about possible changes to the airline. Elliott, which holds more than 9.7% of Southwest’s voting power, said it is eager to meet with company...