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A Magnificent AI Bet? Stanley Druckenmiller’s Latest Tech Moves
Written by Chris Markoch. Published 11/21/2025.

Key Points
- Stanley Druckenmiller initiated large new positions in Amazon, Alphabet, and Meta as he shifts toward AI infrastructure leaders.
- Druckenmiller appears to favor hyperscalers with strong revenue growth, improving fundamentals, and rising AI monetization potential.
- With exits from Microsoft and Eli Lilly, his latest moves highlight a bullish stance on the next leg of big-tech AI growth.
It’s a precarious moment in the artificial intelligence (AI) trade. Some analysts warn of a circular AI economy based on reciprocity but without guaranteed outcomes. Others are sounding the alarm about valuations that already price in years of growth that may not materialize.
Then there’s Stanley Druckenmiller. The legendary hedge fund manager recently disclosed a sizable investment in three of the “Magnificent Seven” stocks — companies that are among the leading hyperscalers powering the AI infrastructure build.
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Per a 13F filing from Druckenmiller’s Duquesne Family Office, here are the details of his purchases of Amazon.com Inc. (NASDAQ: AMZN), Alphabet Inc. (NASDAQ: GOOGL), and Meta Platforms Inc. (NASDAQ: META):
- Amazon: 437,070 shares valued at roughly $95 million
- Alphabet: 102,200 shares valued at about $25 million
- Meta Platforms: 76,100 shares valued at approximately $56 million
Equally notable are the positions he exited. Druckenmiller sold out of holdings in Microsoft Corp. (NASDAQ: MSFT) and Eli Lilly & Co. (NYSE: LLY).
So what does this signal mean for investors? Is it time to follow Druckenmiller’s lead? To help answer that, it’s useful to look at why he might view each of these technology stocks as positioned for the next leg of big-tech growth.
Amazon: A Comeback Story That Is Still Being Written
Amazon was a laggard among the Magnificent Seven early in 2025. Tariff pressure and other drag in its e-commerce business partially offset strong growth at AWS.
In its most recent quarter, however, Amazon posted results suggesting this “sum-of-its-parts” company is beginning to fire on all cylinders: earnings per share (EPS) came in about 25% above forecasts, and revenue rose more than 13% year-over-year (YOY).
Even more encouraging was the company’s forecast for continued earnings growth across both e-commerce and AWS. The stock’s price-to-earnings (P/E) ratio was roughly 33x at the close of trading on Nov. 20 — the lowest in about five years — which fits Druckenmiller’s pattern of moving into secular winners when valuations re-price attractively after market rotations.
Meta Platforms: It’s Deja Vu and a Buying Opportunity
Meta Platforms’ stock is down nearly 20% since its third-quarter earnings report. The pullback largely reflects investor skepticism about the company’s plans to ramp up AI spending — the same concern investors voiced a few years ago when Meta was an early backer of the technologies that helped lead to generative AI.
Druckenmiller appears unconcerned by that level of investment, especially given Meta’s improved balance sheet. He’s likely focused on the fundamentals reflected in the company’s third-quarter results, which showed 26% YOY revenue growth to $51.2 billion. Strong ad demand, coupled with roughly 3.5 billion daily active users, suggests the company can sustain that performance.
Meta is also testing how companies will monetize AI, and Druckenmiller seems to believe there’s additional growth ahead.
Alphabet: Shrugs Off Concerns of Its Extinction
One concern Alphabet had to address in its recent earnings report was whether AI would undermine Google Search. The company pushed back on that narrative, delivering 15% YOY revenue growth in Google Search and 21% revenue growth in its subscriptions business.
Those results suggest the company’s Gemini AI suite is boosting engagement: Gemini-related revenue more than doubled, highlighting Alphabet’s expanding lead as an AI and cloud platform.
Notably, GOOGL stock is up more than 12% since the earnings report, building on three months of momentum.
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