With 353 hedge fund holders as of Q1 2026, Amazon.com, Inc. (NASDAQ:AMZN) is among the Top 10 Stocks That Members of Congress Own. On May 29, Amazon.com, Inc. (NASDAQ:AMZN) announced that it would acquire Apple’s 20% stake in Globalstar (GSAT) as part of its $11.6 billion acquisition of the satellite communications company. In a regulatory filing, Amazon stated that its planned investments in cons...
With 353 hedge fund holders as of Q1 2026, Amazon.com, Inc. (NASDAQ:AMZN) is among the Top 10 Stocks That Members of Congress Own. On May 29, Amazon.com, Inc. (NASDAQ:AMZN) announced that it would acquire Apple’s 20% stake in Globalstar (GSAT) as part of its $11.6 billion acquisition of the satellite communications company. In a regulatory filing, Amazon stated that its planned investments in constellation […]
With 262 hedge fund holders as of Q1 2026, Meta Platforms, Inc. (NASDAQ:META) is among the Top 10 Stocks That Members of Congress Own. On May 29, Meta Platforms, Inc. (NASDAQ:META) established a new Enterprise Solutions unit that embeds engineers and product managers directly with large corporate customers to accelerate the adoption and deployment of its artificial intelligence tools. […]
With 262 hedge fund holders as of Q1 2026, Meta Platforms, Inc. (NASDAQ:META) is among the Top 10 Stocks That Members of Congress Own. On May 29, Meta Platforms, Inc. (NASDAQ:META) established a new Enterprise Solutions unit that embeds engineers and product managers directly with large corporate customers to accelerate the adoption and deployment of its artificial intelligence tools. […]
With 123 hedge fund holders as of Q1 2026, Tesla, Inc. (NASDAQ:TSLA) is among the Top 10 Stocks That Members of Congress Own. Tesla, Inc. (NASDAQ:TSLA) received a notable vote of confidence from analysts on June 5 when Erste Group upgraded the stock to Hold from Sell. While the firm acknowledged that Tesla’s valuation remains elevated, it […]
With 123 hedge fund holders as of Q1 2026, Tesla, Inc. (NASDAQ:TSLA) is among the Top 10 Stocks That Members of Congress Own. Tesla, Inc. (NASDAQ:TSLA) received a notable vote of confidence from analysts on June 5 when Erste Group upgraded the stock to Hold from Sell. While the firm acknowledged that Tesla’s valuation remains elevated, it […]
Carlyle Group Inc. agreed to acquire Chung Ho Group , a South Korean home and health-care appliance rental platform, for $700 million, as rising inheritance-tax burdens in the country push more owners to sell, people familiar with the matter said. Carlyle will buy as much as 100% of Chung Ho from members of the founding family after the company’s chairman died last year. The deal was driven by the...
Carlyle Group Inc. agreed to acquire Chung Ho Group , a South Korean home and health-care appliance rental platform, for $700 million, as rising inheritance-tax burdens in the country push more owners to sell, people familiar with the matter said. Carlyle will buy as much as 100% of Chung Ho from members of the founding family after the company’s chairman died last year. The deal was driven by the need to fund a hefty inheritance tax bill and the lack of a qualified successor to take over management, the people said, asking not to be identified because the matter is private. Korea is tracing a path similar to Japan, where inheritance and succession have become increasingly important drivers of mergers and acquisitions as first-generation entrepreneurs grow older. The market has shifted from corporate carve-outs to succession-focused deals, and now, more prominently, to transactions shaped by inheritance. A representative for Carlyle declined to comment on the transaction including price details. Carlyle has stepped up its push in Korea, appointing former Affinity Equity Partners executive Icksoo Jung to lead its local private equity business last year. Its recent deals include A Twosome Place, Kakao Mobility and KFC Korea. Founded in 1993 as a water purifier manufacturer, Chung Ho Nais has grown into one of Korea’s leading home and health-care appliance rental platforms. The company designs, rents and installs water and air purifiers, bidets, mattresses and household products. The transaction is expected to close in the third quarter of 2026, subject to regulatory approvals, the people said.