Major value investor Bill Ackman is reportedly selling his stake in Alphabet Inc., while the company continues to expand its AI and cloud services.

The entities involved

• Alphabet Inc. →

  American multinational technology conglomerate

  • Nvidia is expanding its platform deployment across major cloud providers, including Google Cloud and Microsoft Azure.Mon 17:31
  • Ascension Parish and Iberville parishes are seeking land for future energy projects, targeting hyperscalers like Alphabet and Amazon.Mon 10:59
• Bill Ackman →

  American billionaire hedge fund manager (born 1966)

  • Bill Ackman expressed the belief that the Federal Reserve's recent rate hikes might be a mistake.Sun 12:14

Related events

• Bill Ackman's fund initiated a new position in Intercontinental Exchange (ICE), which owns the New York Stock Exchange.Sep 8
• Bill Ackman increased his investment in Microsoft while simultaneously trimming his stake in Amazon.Sep 13
• Bill Ackman built a $2.4 billion stake in Microsoft. Pershing Square sold its holding in Google parent Alphabet and increased its holding in Microsoft. Amazon was part of the tech quartet.Sep 20
• Bill Ackman's takeover bid for Universal Music Group was rejected, and he sold his stake in The Hertz Corporation.Aug 19
• Bill Ackman and BlackRock are both offering access to private investments.Sep 4