Billionaire investor Bill Ackman has started buying Microsoft shares after the stock fell over 15% in 2026, seeing value at 21 times forward earnings. Ackman, known for concentrated bets, views Microsoft's Azure cloud and M365 AI suite as key drivers of long-term growth, despite competition fears. Microsoft's strong Q3 fiscal 2026 results, including 40% Azure growth and a $37 billion AI business run rate, support Ackman's confidence. The size of his stake, to be revealed in the upcoming 13F filing, could rank Microsoft among his top holdings, signaling a strong conviction in the company's AI-driven future.
The VictoryShares US Large Cap High Div Volatility Wtd ETF (CDL) generates income primarily from dividends of large U.S. companies with stable payouts, especially regulated utilities like WEC Energy, Duke Energy, and FirstEnergy, which have strong di...
Nvidia's stock fell 3.07% in pre-market trading after it was revealed that Chinese companies have not ordered its H200 chips despite U.S. government approval. This confirms Nvidia's CEO's statement that the company's market share in China has dropped...
Anthropic is raising $30 billion at a $900 billion valuation, nearly tripling its value from less than a year ago. This surge is driving up valuations for AI leaders like Alphabet, whose Gemini AI ranks high in enterprise adoption and integrates with...
California Governor Gavin Newsom proposed a new tax extending state sales tax to digital prewritten software purchases, aiming to level the playing field between online and physical store sales. The tax, set to take effect January 1, 2027 pending leg...
Investor Bill Ackman’s Pershing Square has started buying Microsoft shares after a recent market dip caused by concerns over high spending and changes in the OpenAI partnership. Despite a 15% year-to-date drop, Microsoft reported strong quarterly res...
