Billionaire Investors Bet on Sea and Microsoft as Tech Giants Refocus on Profitability and AI Growth
• Billionaire investors like Chase Coleman and Jim Simons are buying shares of Sea Limited and Microsoft as growth rebounds after 2022's downturn
• Sea Limited is turning its focus to profitability after years of unbridled revenue growth, appeasing investors
• Microsoft is seeing strong demand for its cloud and AI products like Azure and Copilot
• Quantitative hedge fund Renaissance Technologies recently increased its Microsoft stake by over 2,500%
• Microsoft's AI products could generate over $100 billion in incremental revenue by 2027 per one analyst