Billionaire Bill Ackman Just Sold 25% of His Stake in This Big Tech Giant for 2 AI Rivals

Billionaire investor Bill Ackman reduced his Amazon stake by 25% while completely exiting Alphabet and increasing positions in Microsoft and Meta Platforms during Q2. The moves reflect a strategic shift toward companies better positioned in AI, with Microsoft and Meta showing stronger AI integration in their core businesses, while Amazon remains a solid long-term holding despite the reduction.