Bill Ackman built Microsoft stake in first quarter during sell-off, betting on AI and cloud growth Bill Ackman’s Pershing Square has built a position in Microsoft, as the hedge fund manager said the software giant’s recent pullback created a rare opportunity to buy one of the world’s dominant technology franchises at a compelling valuation. Despite…

Bill Ackman built Microsoft stake in first quarter during sell-off, betting on AI and cloud growth “To be clear, our sale of $GOOG was not a bet against the company. We are very bullish long term on Alphabet. But at current valuations and in light of our finite capital base, we used $GOOG as a…