Ackman's hedge fund Pershing Square made Amazon investment, executive says
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Billionaire investor Bill Ackman's hedge fund, Pershing Square Capital Management, has made a new investment in Amazon.com following a decline in the company's stock price due to tariffs announced by the Trump administration. Chief Investment Officer Ryan Israel expressed admiration for Amazon, while also noting the firm's regret in selling its position in Canadian Pacific, emphasizing respect for its management team.
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