Bill Ackman, founder and Chief Executive Officer of Pershing Square Capital, has explained why he sold his Alphabet stock in favor of Microsoft.

Bill Ackman said on Friday that Pershing Square has taken a new stake in Microsoft after the stock's 16% year-to-date decline. The 13F filing disclosing the size is expected later…

May 15 : Billionaire investor Bill Ackman built a new position in tech giant Microsoft after its stock price dropped recently, and sold his long-owned investment in Google parent…