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Ackman's Pershing Square bet big on Amazon in fourth quarter
Bill Ackman's Pershing Square poured hundreds of millions of dollars into Amazon shares as 2025 wrapped up.
Bill Ackman's Pershing Square poured hundreds of millions of dollars into Amazon shares as 2025 wrapped up.
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The Boston-based hedge fund manager took a new position in the hyperscaler amounting to $489.7 million.

NEW YORK (Reuters) -Billionaire investor Bill Ackman told clients on Thursday that his hedge fund bought Amazon shares last…

Analysts remained overwhelmingly bullish on Amazon, although most cut their price targets.

Amazon said much of its big spending would be focused on artificial intelligence data centers.

Amazon shares fell 7% on Friday after management issued a 2026 capital expenditures guide of $200 billion.

The planned listing would give public investors a stake in Ackman's investment platform, which oversees a concentrated portfolio…