Bill Ackman's Pershing Square Took a New Stake in Netflix in 2026, Years After a Money-Losing Bet on the Stock. Why He Says This Time Is Different.
Key PointsA change in business strategy pushed Ackman to exit Netflix in 2022.
Bill Ackman's Pershing Square Capital Management has allocated 22.4% of its investments into two artificial intelligence (AI) stocks, according to recent wire material. The hedge fund manager's firm is increasingly bullish on technology and AI-focused stocks. Among Microsoft (NASDAQ:MSFT) and Amazon (NASDAQ:AMZN), these major players in the AI revolution account for a significant portion of the portfolio's public equity investments.
Investors are weighing the potential of these AI stocks for their portfolios, despite concerns about the impact of AI on traditional tech services. Microsoft saw a significant boost in its latest quarterly update, with revenue growing 18% year over year to $90 billion for the fourth quarter of its fiscal year 2026.
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