Bill Ackman Invests $2.2 Billion in Two Major Stocks

Billionaire investor Bill Ackman has invested $2.2 billion in Nike and Brookfield through his hedge fund, Pershing Square. Ackman increased his stake in Nike after its disappointing fiscal 2025 outlook, betting on its brand strength and potential recovery. He also invested heavily in Brookfield, attracted by its diverse business portfolio and strong historical returns. Ackman believes both stocks offer significant long-term growth potential, with Brookfield's management projecting substantial free cash flow growth and a significant increase in stock value over the next five years.