Pershing Square's (PSH LN) Ackman posts that they will, in a 13F to be filed today, disclose a new position in Microsoft (MSFT). Began building the Microsoft position in February after MSFT's Q2 results and the "meaningful share price decline" thereafter

Ackman's disclosure of a new position in Microsoft underscores a strategic investment at a time when the software giant appears attractively valued. This move reinforces the notion that investors may be underestimating the M365 franchise's resilience, aligning Microsoft with prior successful investments in major tech stocks like Alphabet and Amazon. The implications for equity markets are significant as they may signal increased institutional confidence in Microsoft's long-term growth potential, potentially influencing sentiment across the tech sector.