Key Points
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Bill Ackman’s Pershing Square Capital Management increased its stakes in Microsoft and Meta Platforms while divesting all Alphabet shares.
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Microsoft reported $90 billion in revenue for Q4 FY 2026, marking an 18% year-over-year increase, attributed largely to its AI and cloud computing segments.
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Meta Platforms saw an increase to 3.6 billion daily active users, up 3% year over year, as it focuses on AI integration into its services.
During the second quarter, billionaire investor Bill Ackman’s Pershing Square Capital Management significantly altered its investment portfolio by offloading all shares in Alphabet and ramping up investments in Microsoft and Meta Platforms. Despite Alphabet’s strong growth, particularly in cloud services, Ackman’s decision reflects a strategic pivot towards companies perceived to benefit more from long-term AI developments.
Microsoft’s revenue surged to $90 billion in its fourth quarter, a significant increase driven by advancements in AI applications within its cloud computing business. Adjusted earnings per share rose 23% to $4.74, showcasing strong performance. Similarly, Meta Platforms recorded 3.6 billion daily active users, reflecting a 3% yearly increase, while also injecting significant resources into AI initiatives aimed at enhancing user engagement and ad revenue.
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