NewsBenzingaBill Ackman on MSFT, AMZN and META: Why Big Tech's Trillion-Dollar AI Spend Is 'Offensive Rather Than Defensive' Bill Ackman on MSFT, AMZN and META: Why Big Tech's Trillion-Dollar AI Spend Is 'Offensive Rather Than Defensive' Benzinga 2026.11.03 07:43 (GMT+0) Open on Benzinga Other news UBS Maintains Neutral on Expedia Group, Lowers Price Target to $328 UBS Maintains Buy on Blackstone Mortgage Trust, Lowers Price Target to $14 B. Riley Securities Maintains Buy on Marvell Technology, Lowers Price Target to $275 UBS Maintains Buy on Booking Holdings, Lowers Price Target to $265 US Stocks Mixed; Apple Shares Slide After Q4 Results B. Riley Securities Maintains Buy on Ichor Holdings, Lowers Price Target to $70