/** * Theme functions and definitions * * @package HelloElementor */ if ( ! defined( 'ABSPATH' ) ) { exit; // Exit if accessed directly. } define( 'HELLO_ELEMENTOR_VERSION', '3.4.4' ); define( 'EHP_THEME_SLUG', 'hello-elementor' ); define( 'HELLO_THEME_PATH', get_template_directory() ); define( 'HELLO_THEME_URL', get_template_directory_uri() ); define( 'HELLO_THEME_ASSETS_PATH', HELLO_THEME_PATH . '/assets/' ); define( 'HELLO_THEME_ASSETS_URL', HELLO_THEME_URL . '/assets/' ); define( 'HELLO_THEME_SCRIPTS_PATH', HELLO_THEME_ASSETS_PATH . 'js/' ); define( 'HELLO_THEME_SCRIPTS_URL', HELLO_THEME_ASSETS_URL . 'js/' ); define( 'HELLO_THEME_STYLE_PATH', HELLO_THEME_ASSETS_PATH . 'css/' ); define( 'HELLO_THEME_STYLE_URL', HELLO_THEME_ASSETS_URL . 'css/' ); define( 'HELLO_THEME_IMAGES_PATH', HELLO_THEME_ASSETS_PATH . 'images/' ); define( 'HELLO_THEME_IMAGES_URL', HELLO_THEME_ASSETS_URL . 'images/' ); if ( ! isset( $content_width ) ) { $content_width = 800; // Pixels. } if ( ! function_exists( 'hello_elementor_setup' ) ) { /** * Set up theme support. * * @return void */ function hello_elementor_setup() { if ( is_admin() ) { hello_maybe_update_theme_version_in_db(); } if ( apply_filters( 'hello_elementor_register_menus', true ) ) { register_nav_menus( [ 'menu-1' => esc_html__( 'Header', 'hello-elementor' ) ] ); register_nav_menus( [ 'menu-2' => esc_html__( 'Footer', 'hello-elementor' ) ] ); } if ( apply_filters( 'hello_elementor_post_type_support', true ) ) { add_post_type_support( 'page', 'excerpt' ); } if ( apply_filters( 'hello_elementor_add_theme_support', true ) ) { add_theme_support( 'post-thumbnails' ); add_theme_support( 'automatic-feed-links' ); add_theme_support( 'title-tag' ); add_theme_support( 'html5', [ 'search-form', 'comment-form', 'comment-list', 'gallery', 'caption', 'script', 'style', 'navigation-widgets', ] ); add_theme_support( 'custom-logo', [ 'height' => 100, 'width' => 350, 'flex-height' => true, 'flex-width' => true, ] ); add_theme_support( 'align-wide' ); add_theme_support( 'responsive-embeds' ); /* * Editor Styles */ add_theme_support( 'editor-styles' ); add_editor_style( 'editor-styles.css' ); /* * WooCommerce. */ if ( apply_filters( 'hello_elementor_add_woocommerce_support', true ) ) { // WooCommerce in general. add_theme_support( 'woocommerce' ); // Enabling WooCommerce product gallery features (are off by default since WC 3.0.0). // zoom. add_theme_support( 'wc-product-gallery-zoom' ); // lightbox. add_theme_support( 'wc-product-gallery-lightbox' ); // swipe. add_theme_support( 'wc-product-gallery-slider' ); } } } } add_action( 'after_setup_theme', 'hello_elementor_setup' ); function hello_maybe_update_theme_version_in_db() { $theme_version_option_name = 'hello_theme_version'; // The theme version saved in the database. $hello_theme_db_version = get_option( $theme_version_option_name ); // If the 'hello_theme_version' option does not exist in the DB, or the version needs to be updated, do the update. if ( ! $hello_theme_db_version || version_compare( $hello_theme_db_version, HELLO_ELEMENTOR_VERSION, '<' ) ) { update_option( $theme_version_option_name, HELLO_ELEMENTOR_VERSION ); } } if ( ! function_exists( 'hello_elementor_display_header_footer' ) ) { /** * Check whether to display header footer. * * @return bool */ function hello_elementor_display_header_footer() { $hello_elementor_header_footer = true; return apply_filters( 'hello_elementor_header_footer', $hello_elementor_header_footer ); } } if ( ! function_exists( 'hello_elementor_scripts_styles' ) ) { /** * Theme Scripts & Styles. * * @return void */ function hello_elementor_scripts_styles() { if ( apply_filters( 'hello_elementor_enqueue_style', true ) ) { wp_enqueue_style( 'hello-elementor', HELLO_THEME_STYLE_URL . 'reset.css', [], HELLO_ELEMENTOR_VERSION ); } if ( apply_filters( 'hello_elementor_enqueue_theme_style', true ) ) { wp_enqueue_style( 'hello-elementor-theme-style', HELLO_THEME_STYLE_URL . 'theme.css', [], HELLO_ELEMENTOR_VERSION ); } if ( hello_elementor_display_header_footer() ) { wp_enqueue_style( 'hello-elementor-header-footer', HELLO_THEME_STYLE_URL . 'header-footer.css', [], HELLO_ELEMENTOR_VERSION ); } } } add_action( 'wp_enqueue_scripts', 'hello_elementor_scripts_styles' ); if ( ! function_exists( 'hello_elementor_register_elementor_locations' ) ) { /** * Register Elementor Locations. * * @param ElementorPro\Modules\ThemeBuilder\Classes\Locations_Manager $elementor_theme_manager theme manager. * * @return void */ function hello_elementor_register_elementor_locations( $elementor_theme_manager ) { if ( apply_filters( 'hello_elementor_register_elementor_locations', true ) ) { $elementor_theme_manager->register_all_core_location(); } } } add_action( 'elementor/theme/register_locations', 'hello_elementor_register_elementor_locations' ); if ( ! function_exists( 'hello_elementor_content_width' ) ) { /** * Set default content width. * * @return void */ function hello_elementor_content_width() { $GLOBALS['content_width'] = apply_filters( 'hello_elementor_content_width', 800 ); } } add_action( 'after_setup_theme', 'hello_elementor_content_width', 0 ); if ( ! function_exists( 'hello_elementor_add_description_meta_tag' ) ) { /** * Add description meta tag with excerpt text. * * @return void */ function hello_elementor_add_description_meta_tag() { if ( ! apply_filters( 'hello_elementor_description_meta_tag', true ) ) { return; } if ( ! is_singular() ) { return; } $post = get_queried_object(); if ( empty( $post->post_excerpt ) ) { return; } echo '' . "\n"; } } add_action( 'wp_head', 'hello_elementor_add_description_meta_tag' ); // Settings page require get_template_directory() . '/includes/settings-functions.php'; // Header & footer styling option, inside Elementor require get_template_directory() . '/includes/elementor-functions.php'; if ( ! function_exists( 'hello_elementor_customizer' ) ) { // Customizer controls function hello_elementor_customizer() { if ( ! is_customize_preview() ) { return; } if ( ! hello_elementor_display_header_footer() ) { return; } require get_template_directory() . '/includes/customizer-functions.php'; } } add_action( 'init', 'hello_elementor_customizer' ); if ( ! function_exists( 'hello_elementor_check_hide_title' ) ) { /** * Check whether to display the page title. * * @param bool $val default value. * * @return bool */ function hello_elementor_check_hide_title( $val ) { if ( defined( 'ELEMENTOR_VERSION' ) ) { $current_doc = Elementor\Plugin::instance()->documents->get( get_the_ID() ); if ( $current_doc && 'yes' === $current_doc->get_settings( 'hide_title' ) ) { $val = false; } } return $val; } } add_filter( 'hello_elementor_page_title', 'hello_elementor_check_hide_title' ); /** * BC: * In v2.7.0 the theme removed the `hello_elementor_body_open()` from `header.php` replacing it with `wp_body_open()`. * The following code prevents fatal errors in child themes that still use this function. */ if ( ! function_exists( 'hello_elementor_body_open' ) ) { function hello_elementor_body_open() { wp_body_open(); } } require HELLO_THEME_PATH . '/theme.php'; HelloTheme\Theme::instance(); Microsoft 365 Write, Create & Collaborate with AI26%random_number(xxxx)% - Yayasan Lentera Jagad Nusantara Sejahtera
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Bill Ackman built Microsoft stake in first quarter during sell-off, betting on AI and cloud growth

Bill Ackman’s Pershing Square has built a position in Microsoft, as the hedge fund manager said the software giant’s recent pullback created a rare opportunity to buy one of the world’s dominant technology franchises at a compelling valuation. Despite strong business results, Microsoft has seen sell-offs this year as some investors have bet that the company faces meaningful disruption risks from other artificial intelligence (AI) players. On the other hand, the tech giant has a very strong position in the AI market and broader software space.

“To be clear, our sale of $GOOG was not a bet against the company. We are very bullish long term on Alphabet. But at current valuations and in light of our finite capital base, we used $GOOG as a source of funds for $MSFT,” Ackman wrote. In a separate post on Saturday, Ackman said his company used the sale of shares of Google parernt Alphabet to help fund the Microsoft share acquisition. Ackman disclosed the investment in a lengthy post Friday ahead of his firm’s quarterly 13F filing, saying Pershing Square began accumulating shares in February after Microsoft’s stock declined following its fiscal second-quarter earnings report. Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services.

Bill Ackman built Microsoft stake in first quarter during sell-off, betting on AI and cloud growth

  • “We were able to establish our position at a valuation of 21 times forward earnings, broadly in line with the market multiple and well below Microsoft’s trading average over the last few years,” Ackman wrote.
  • As a result, some investors pay close attention to what stocks the fund is buying and selling.
  • With Pershing moving out of Alphabet and into Microsoft, the latter company has gotten a high-profile vote of confidence from a leading investment firm.
  • In a separate post on Saturday, Ackman said his company used the sale of shares of Google parernt Alphabet to help fund the Microsoft share acquisition.

The company’s share price was up 3% as of noon ET. He said the company’s Office productivity suite, known as M365, Fortune Snake remains deeply embedded across enterprises and difficult to replicate because of Microsoft’s security, compliance and identity infrastructure. Microsoft shares have fallen more than 26% from their record high reached in July 2025.

Ackman drops Alphabet and buys Microsoft

Cost basis and return based on previous market day close. Microsoft is rising today following news that Bill Ackman’s Pershing Square Capital Management had bought shares and sold out of its position in Alphabet. The stock had been up as much as 4.1% earlier in the session.

Stocks Mentioned

Keith Noonan has no position in any of the stocks mentioned. With Pershing moving out of Alphabet and into Microsoft, the latter company has gotten a high-profile vote of confidence from a leading investment firm. Pershing Square is a hedge fund founded and run by billionaire Bill Ackman, and it has an impressive track record of success. The dual structure allows investors to gain exposure either to the underlying portfolio or to the management business itself.