5 Stocks Billionaire Stan Druckenmiller Just Bought and Sold

2. Microsoft Corporation (NASDAQ:MSFT)

Duquesne’s Q3 2023 Investment: $321 million

Bought Or Sold: Bought

Percentage Increase or (-)Decrease: 23%

Microsoft Corporation (NASDAQ:MSFT) is a global technology giant. Its investment in the AI firm OpenAI was dealt a shock in mid November as OpenAI’s board decided to suddenly fire its chief executive Sam Altman. Media reports indicate that Microsoft was unaware of the decision, and its CEO Satya Nadella was quick to highlight Microsoft Corporation (NASDAQ:MSFT)’s AI developments right when Mr. Altman was being let go.

During June 2023, Microsoft Corporation (NASDAQ:MSFT) was the most popular stock among hedge funds in Insider Monkey’s database as 300 out of 910 had invested in the company. In September, the biggest shareholder was Michael Larson’s Bill & Melinda Gates Foundation Trust as it owned 39 million shares that are worth $12 billion.

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