
Ackman Reallocates Alphabet Proceeds to Fund Microsoft Stake
Billionaire investor Bill Ackman says Pershing Square’s sale of Alphabet shares was not a bearish bet against Google, but a capital reallocation to finance a new MSFT stake. The move suggests Microsoft looked more attractive on price and timing, while Ackman remains bullish on Alphabet for the long term, signaling a relative-value shift rather than a negative view on Google.

