Billionaires Love This Tech Stock, but Will It Continue Its Reign in 2025?

Bill Ackman of Pershing Square Capital Management, Chase Coleman of Tiger Global Management, and Chris Hohn of TCI Fund Management, collectively worth an estimated $25 billion, are worth keeping tabs on. In a difficult 2022, Alphabet's (NASDAQ: GOOGL) (NASDAQ: GOOG) shares fell 39%. Weakening conditions in the digital-advertising market, most likely sparked by the Federal Reserve's decision to aggressively hike interest rates (which led to recession fears), created a tough operating environment for the company.