"And they're looking for companies like ours that can supply them with healthy nutrition," Herbalife CEO Dr. John Agwunobi told CNBC.
U.S.-China tensions are again in focus after the U.S. ordered the Chinese consulate in Houston to close. China's Foreign Ministry called the move an "unprecedented escalation." Four experts break down what it means for the market.
Billionaire investor Bill Ackman said highly levered companies will have a hard time surviving as the country struggles to reopen fully.
Dow futures rise again Thursday ahead of weekly data that's expected to push coronavirus-driven jobless claims to over 40 million.
Ackman also boasted the fund's massive returns thus far in 2020 while the broader market struggles amid the coronavirus pandemic.
Dow futures extend their gains and point to an over 600-point jump at Monday's open.
Dow futures extend their gains and point to a 650-point jump at Monday's open after positive coronavirus vaccine results.
Trump said to be wary of "rich guys"commenting negatively about stocks, when they tend to profit from betting against the market.
Pershing Square made six previous investments in this industry and has never lost money on any of them.
Ken Squire will be writing about activist investors weekly for CNBC.
Stocks ripped higher to start the holiday-shortened week as a combination of positive headlines eased investor angst.
"The idea that my appearance pushed the market down an additional 4% that day is absurd," Ackman told investors on Thursday.
Ackman warned that "hell is coming" then used his $2 billion in proceeds from his bet against the market to add to stakes including Hilton Worldwide and Lowe's.
Stocks jumped Thursday, erasing steep losses from earlier in the day as strong gains in big-tech shares led to a sharp turnaround.
"We need to shut it down now. ... This is the only answer," Ackman said.
Longtime hedge fund manager Bill Ackman advised President Donald Trump on efforts to protect Americans and the U.S. economy.
As of Wednesday, more than 214,000 cases of coronavirus have been reported across the globe, resulting in at least 8,700 deaths.
A discussion of everything that's moving markets from a potential $1 trillion stimulus package to an unnerving move in bond yields.
Bill Ackman told Pershing Square investors that he's taken steps in recent days to shore up his investment portfolio to protect against the coronavirus.
Live updates of what's moving the market, including the latest on the coronavirus and FedEx.