Billionaire Bill Ackman Has Almost 20% of his Pershing Square Portfolio Invested in This Artificial Intelligence (AI) Growth Stock [Yahoo! Finance]
Alphabet Inc. - Class C Capital Stock (GOOG)
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm
Check Earnings Report
US:NASDAQ Investor Relations:
abc.xyz/investor
Company Research
Source: Yahoo! Finance
As of the end of 2023, his $10 billion portfolio at Pershing Square Capital Management included just seven positions. That's how the billionaire founder and chief executive officer of this hedge fund has delivered long-term winnings for investors, outpacing the S&P 500 over the past five years. Ackman is applying this same strategy to the high-growth area of artificial intelligence (AI), making one big bet on a potential winner. In fact, this stock is one of his newest positions, with Ackman adding the shares just last year. And it's a considerable bet, making up nearly 20% of the billionaire's entire portfolio. Which AI stock is Ackman going all in on? A player many of us know well thanks to its Google Search platform, one that holds more than 90% of the global market. I'm talking about Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) , a company with an "unmatched business model," according to Ackman. Let's take a closer look at why Ackman likes this growth stock and if it's an AI stock
Show less
Read more
Impact Snapshot
Event Time:
GOOG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GOOG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GOOG alerts
High impacting Alphabet Inc. - Class C Capital Stock news events
Weekly update
A roundup of the hottest topics
GOOG
News
- Better AI Stock: Microsoft vs. Alphabet [Yahoo! Finance]Yahoo! Finance
- Bull of the Day: Alphabet (GOOGL) [Yahoo! Finance]Yahoo! Finance
- Up 25% Since The Beginning Of 2023, Where Is CME Group Stock Headed? [Forbes]Forbes
- My 5 Favorite Artificial Intelligence (AI) Stocks to Buy in May [Yahoo! Finance]Yahoo! Finance
- Campus protesters are calling for divestment. Here's what that means [CNN]CNN
GOOG
Earnings
- 4/25/24 - Beat
GOOG
Sec Filings
- 4/30/24 - Form 4
- 4/30/24 - Form 144
- 4/26/24 - Form 4
- GOOG's page on the SEC website