AI & Enterprise
Hedge fund billionaires make opposing bets on Microsoft and Alphabet
U.S. billionaire hedge fund managers Bill Ackman and Daniel Loeb took opposing positions on Microsoft and Alphabet in the first quarter, a filing-based report showed. Ackman’s Pershing Square built a new Microsoft stake of about 5.65 million shares worth roughly $2.09 billion, while Loeb’s Third Point sold its entire Microsoft holding and added about 175,000 Alphabet shares. The split is linked to differing views on AI investment and valuation.
