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Bill Ackman's surprising $934 million bet after dumping Alphabet
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Bill Ackman's surprising $934 million bet after dumping Alphabet
Billionaire hedge fund manager Bill Ackman has long gambled on Alphabet, as artificial intelligence has grown Google’s cloud business and helped lift its stock. Then he went away. Pershing Square’s latest regulatory filing shows the billionaire investor sold both Alphabet (GOOGL) share classes in…
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