Reported about 19 hours ago
Billionaire investor Ray Dalio significantly raised Bridgewater's stake in Palantir Technologies by over 500% in the most recent quarter, despite many billionaire investors cashing out. This move comes as Palantir's shares surged over 725% due to its unique AI-driven services and profitability from long-term government contracts. Conversely, Dalio completely exited his position in Disney, selling 195,086 shares, despite the company's recovery in streaming profits and its strong brand value.
Source: YAHOO