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Here's Billionaire Investor Bill Ackman's Favorite Artificial Intelligence (AI) Stock -- and Why It's a No-Brainer Buy for 2025

^{Published on 2024-12-19 05:40:47 - Yahoo Finance}
 

• Bill Ackman is outspoken. Two of them focus on AI -- and they belong to the same company -- Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL). At the end of the third quarter of 2024, Pershing Square owned 7.55 million Alphabet Class C shares and 3.

The article from Yahoo Finance discusses billionaire investor Bill Ackman's recent investment strategies and market predictions. Ackman, known for his hedge fund Pershing Square Capital Management, has made significant moves in the market, particularly focusing on interest rates and inflation. He has expressed concerns about persistent inflation and has positioned his investments accordingly, betting against long-term Treasuries. Ackman has also shared his views on the potential for a recession, suggesting that the Federal Reserve might need to keep rates higher for longer to combat inflation. Additionally, he has been vocal about his investments in companies like Chipotle and Universal Music Group, while also discussing his approach to risk management and his outlook on the broader economic environment, emphasizing the importance of understanding macroeconomic trends for investment success.

Read the Full YAHOO!Finance Article at:
[ https://finance.yahoo.com/news/heres-billionaire-investor-bill-ackmans-094700095.html ]

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