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Alliancebernstein L.P. Has $19.15 Billion Stake in Microsoft Corporation $MSFT
Alliancebernstein L.P. decreased its stake in Microsoft Corporation by 2.9% in the 3rd quarter, now owning 36.98 million shares worth over $19.15 billion, making it their second-largest holding. Despite this reduction, several other institutional investors increased their holdings in Microsoft during recent quarters. The article also covers Microsoft’s recent earnings, dividend announcement, key news regarding AI initiatives and potential concerns, and analyst ratings.