Market Overview

Ackman Vs. Icahn

Voltari Corp (NASDAQ: VLTC) shares spiked Thursday and were up at one point by 20 percent without an apparent catalyst.

The micro-cap mobile marketer traded recently at $7.72, down $0.25.

Icahn Enterprises LP (NASDAQ: IEP) chairman Carl Icahn recently invested $100 million in ride-sharing company Lyft. Icahn was on CNBC Tuesday to explain why he made that investment.

Although recent reports have highlighted that Apple Inc. (NASDAQ: AAPL) might be dropping the plans of making its own television. Icahn Enterprises LP (NASDAQ: IEP) chairman, Carl Icahn, thinks otherwise.

Last week, rumors circulated that Apple Inc. (NASDAQ: AAPL)'s coming streaming music service will have social network integration, specifically for artists.

Shares of Apple Inc. (NASDAQ: AAPL) were trading higher by more than 1 percent  Monday after activist investor and Apple shareholder Carl Icahn wrote an open letter to the company's management.

Shares traded recently at $130.37, up $1.60.

Shares Worth $240

Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show.

Apple Inc. (NASDAQ: AAPL) shares were trading higher by $1.50 at $130.27 in Monday's session. There is a familiar catalyst for the explosive move: Carl Icahn.

In an open letter to Apple Inc. (NASDAQ: AAPL) management, Carl Icahn suggested the company will earn $12.00 per share in fiscal 2016 – a figure that is above Wall Street's consensus estimates.

Carl Icahn on Monday came out with his previously promised open letter to Apple Inc. (NASDAQ: AAPL) and its CEO Tim Cook.

Icahn Capital now believes Apple shares are worth $240.

Carl Icahn's bullish stance on Apple Inc. (NASDAQ: AAPL) has been well known for some time.

Legendary investor Carl Icahn filed his first quarter Form 13F with the SEC on Friday.

According to the document, his equity portfolio increased slightly in value over the quarter: from $31.89 billion to $32.05 billion, approximately.

Bill Ackman’s Pershing Square Capital Management’s equity portfolio continues to be highly concentrated, comprising only eight stocks.

The second week of May was filled with M&A rumors, unlikely partnerships and an unexpected acquisition.

Apple Rumored To Be Interested In Buying BlackBerry

Apple Inc. (NASDAQ: AAPL) shares are up nearly 1 percent in Thursday's pre-market session, as market participants continue to chat about Carl Icahn's next report on the tech giant.

Fifteen days ago on April 28, Icahn tweeted the following:

Managing a hedge fund just isn't what it used to be.

The 25 highest-paid fund managers last year earned barely half what they made in 2013, according to an annual compilation by Institutional Investor's Alpha website.

Herbalife Ltd. (NYSE: HLF) disclosed that it was spending less on “responding to attacks on the company's business model” in its Q1 results.

The Ira Sohn conference -- one of the world's biggest investing conferences -- is happening now. As expected, stocks have already begun to move.

06:10:01pm: Ackman: Valeant could become the next Berkshire Hathaway.

The bull market that begun after the financial crisis hasn't seen a meaningful correction until now, and this seems to be a growing concern among many investors.

Global X funds has long been known for their smart beta ETFs designed to focus on outperformance above a passive benchmark such as the S&P 500 Index.  

This non-traditional approach has allowed the firm to expand their products to niche markets and unique indexes, which they followed through with once again this week.

Apple Inc. (NASDAQ: AAPL) is scheduled to report its second quarter results on Monday after market close.

Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show.

Voltari Corp (NASDAQ: VLTC) surged in pre-market trading Friday following its S-8 SEC filing.


The filing was due to an amended and restated Stock Incentive Plan and Long-Term Incentive Plan for executives.

Herbalife Ltd. (NYSE: HLF)'s managers are hiring personal criminal defense attorneys at "are at risk of going to jail," activist investor Bill Ackman said Monday.

The stock market has continued its six-year march higher so far in 2015, as the S&P 500 climbed about 0.4 percent to new all-time highs in the first quarter. However, investors in these five names have seen their holdings more than double year-to-date.

Penny stock Voltari Corp (NASDAQ: VLTC) was up big time Wednesday morning following revelations that Carl Icahn now owns 52.3 percent of the company. Most recently, Icahn acquired around four million shares through a rights offering at an average price of $1.36.

Tycoons aren't born, they're made through determination and a relentless pursuit of growth, improvement and innovation. Our review of several modern day business and finance tycoons reveals that successful business innovators have more than brilliant minds and a strong desire for autonomy.

Hedge fund billionaire Bill Ackman is increasingly bullish on Valeant Pharmaceuticals Intl Inc (NYSE: VRX).

Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show.

Team Icahn

Team Ackman