"Dalio offloaded 113,078 shares in Microsoft Corporation. The current holdings form 1.74% of the portfolio, down from 2.23%. MSFT stock has been volatile and dropped 4.25% in the past year. The stock has seen a pullback despite the strong financials. However, Wall Street remains bullish on the stock and expects a significant upside. Microsoft has seen steady revenue growth, driven by Azure and the cloud segment. It has also seen strong Copilot adoption and record commercial bookings."
"One big reason investors are dumping Microsoft is the failure to justify the high AI spending. There's anxiety over AI margins versus the growing AI spending. This gap has led to a sell-off. There are also concerns surrounding high valuation and an expected market correction. The hedge fund sold 193,218 shares of Meta Platforms. The stock had rallied earlier, driven by the strong fourth-quarter results and an upbeat first-quarter guidance."
Ray Dalio reduced Bridgewater Associates' holdings in major tech companies amid concerns about unsustainable U.S. debt, geopolitical conflicts, and long-term economic growth. Bridgewater trimmed positions in Microsoft, Meta, and Alphabet in the fourth quarter, signaling caution about the future of AI and increased capital spending. Microsoft holdings fell after selling 113,078 shares, lowering the stake to 1.74% from 2.23%, with MSFT down 4.25% over the past year despite Azure-driven revenue growth and strong Copilot adoption. Bridgewater also sold 193,218 Meta shares; META is down 7.20% year-over-year and trading near $644. Key investor worries include rising AI-related capex, margin pressure, high valuations, and potential market correction.
Read at 24/7 Wall St.
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