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Why did Viking Global sell all its Microsoft shares? What does it mean for the future of the technology market?
As a Microsoft business partner, I have had the opportunity to be on the front lines of Microsoft’s artificial intelligence market entrance.
Back in May of 2023, I saw one of Microsoft’s first demos of Co-Pilot at a private trade show for resale partners. I immediately knew that this software would be a game-changer for the industry.
Over the next few months, nobody knew what Co-Pilot was when I would mention it. Now, in the past few months, Co-Pilot has stormed the market and has become one of the most highly sought-after artificial intelligence products for business.
Why Sell a Winning Stock?
It would seem that Microsoft is stronger now than it has ever been:
- The launch of Co-Pilot has entrenched Microsoft as the leader in enterprise artificial intelligence.
- Microsoft is rapidly stealing market share from Google in the education segment.
- Microsoft stock has been on an incredible bull run for over a year.
But when a large fund like Viking Global chooses to zero out its stakes, it can give investors pause. What do they…