Bill Ackman's Pershing Square restructured its $13.71 billion portfolio by initiating a new stake of 5.65 million Microsoft shares worth $2.09 billion while substantially reducing its Alphabet holdings. Conversely, David Tepper's Appaloosa Management slashed its Microsoft position by 82% during the same period. Amidst these shifts, Microsoft's Xbox division reported a slim 3% profit margin with internal reports indicating significant job cuts are expected next month.
