Bill Ackman's Pershing Square Owns Amazon, Microsoft, and Meta Platforms. Here's the Best Buy of the Bunch in August.

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Amazon Stands Out Among Ackman’s AI Picks

Bill Ackman’s Pershing Square prefers Amazon over Microsoft and Meta for AI-driven growth, with strong revenue and cloud expansion.

Bill Ackman’s backing of Amazon, Microsoft, and Meta platforms shows a clear AI focus, but Amazon’s combination of top-line strength and a booming AWS cloud business makes it the standout. Amazon’s revenue grew 20% this year, with AWS accelerating even faster at 37%, reflecting the structural shift to cloud computing—something South African investors should watch given AWS’s impact on global tech supply chains. Its hefty capital expenditure plan of $220 billion through 2027 signals management’s confidence, betting demand will outstrip capacity well into the future. This is relevant here because large South African tech names like Naspers (and its subsidiary Prosus) gain from global cloud and AI trends through their holdings. Microsoft and Meta also have AI plays, but Microsoft’s slower growth and Meta’s squeezed profits feel less compelling. The risk: global macro shocks or a tech selloff could stall Amazon’s cloud investments and slow demand. Still, the rhythm of growth and scale makes Amazon worth a closer look. this is just our opinion and not financial advice