Billionaire investor Bill Ackman has clarified that Pershing Square’s sale of Alphabet (Google) shares was not a bearish call on the company. Ackman said his hedge fund offloaded its long-held Google stake to fund a fresh $2.1 billion Microsoft position, betting on the software giant’s AI prospects, Azure cloud growth, and Copilot adoption after a steep stock decline this year.
Breaking Stories, Building Trust