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Microsoft, Apple and Facebook report big gains for their Q3 2021 revenue reports. Their earnings surprised many when they exceeded analysts' estimates. All three also predict increased earnings and stocks growth for the next quarter.
Billionaire investor Stanley Druckenmiller is betting big on tech stalwarts and cybersecurity, but sold some of the IT industry's biggest names in the fourth quarter of 2020, according to a securities filing released Tuesday. Druckenmiller's Duquesne Family Office reported a 13F filing that included $3,712,696,000 in managed 13F securities. The largest holding is Microsoft Corporation; the hedge fund holds 2,638,074 shares. Duquesne sold all of its 278,372 shares of Netflix. The streaming giant made up 4.04% of the fund and the stake was valued at $139.1 million at the end of the third qua...