Leon Cooperman Acquires 1 Million Shares in Paramount Global, Slashes Microsoft Holdings Citing Fiscal Debt Concerns

Investor Leon Cooperman has established a significant position in Paramount Global (ticker: $PARA) with a stake of 1 million shares, according to a recent 13F filing. In addition to this investment, Cooperman has reduced his holdings in Microsoft, citing a cautious outlook on the markets influenced by concerns regarding fiscal debt. His comments reflect a broader sentiment among investors regarding current economic conditions and market volatility.