Ackman Trims Amazon Stake, Boosts Bets on AI Leaders Microsoft and Meta

Billionaire investor Bill Ackman has made some notable adjustments to his portfolio, selling off a significant portion of his Amazon stake while increasing his holdings in Microsoft and Meta Platforms.

Ackman's move has caught attention as he trimmed his Amazon position by a quarter, but still holds it as one of his largest holdings. Despite this, Amazon remains a top cloud computing and e-commerce stock to own, according to some analysts.

The company's cloud business is growing rapidly, with a projected path toward $1 trillion in revenue. Its e-commerce business also shows strong growth, driven by AI and robotics investments. Additionally, its high-gross-margin sponsored ad business is expanding quickly, making it one of the largest digital ad platforms globally.

Ackman's decision to increase his stake in Microsoft has proven shrewd, as the company reported strong fiscal fourth-quarter results, leading to a stock surge in July. The cloud computing business continues to grow rapidly for Microsoft, with close ties to OpenAI and significant cloud commitments over several years.