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Benzinga
Benzinga
Business
Chris Katje

Bill Ackman's Bet On Google Pays Off: Up $830 Million Since Q2

Bill Ackman Google Alphabet Nasdaq Alphabet Inc Pershing Square Artificial Intelligence
bill ackman

Legendary investor Bill Ackman made a big bet on Alphabet Inc (NASDAQ:GOOG)(NASDAQ:GOOGL), picking the company as one of the winners in the artificial intelligence space. The initial stake and increased position size in Alphabet have paid off nicely for Ackman in recent months.

GOOGL is having a challenging session today. Find out why here.

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