NEW YORK :Billionaire investor Bill Ackman told clients on Thursday that his hedge fund bought Amazon shares last month, betting earnings will continue to grow at the online retailer as President Donald Trump's tariffs bite less than consumers initially feared. Ackman and his investment team updated clients on additions to the portfolio at his hedge fund, Pershing Square Capital Management. "The most substantial move is Amazon," chief investment officer, Ryan Israel, said on a conference call.

Tag-uri: Donald Trump