{"id":97482,"date":"2026-02-21T17:48:26","date_gmt":"2026-02-21T20:48:26","guid":{"rendered":"https:\/\/tech.einnews.com\/article\/894416912"},"modified":"2026-02-21T17:48:26","modified_gmt":"2026-02-21T20:48:26","slug":"ray-dalio-sours-on-america-and-sold-these-tech-stocks","status":"publish","type":"post","link":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/2026\/02\/21\/ray-dalio-sours-on-america-and-sold-these-tech-stocks\/","title":{"rendered":"Ray Dalio Sours On America And Sold These Tech Stocks"},"content":{"rendered":"<p>Legendary investor Ray Dalio has repeatedly expressed <a href=\"https:\/\/247wallst.com\/investing\/2025\/04\/14\/billionaire-ray-dalio-fears-economic-disaster\/\">concerns about the U.S. economy<\/a>. He\u2019s discussed the unsustainable debt and geopolitical conflicts and is concerned about the long-term economic growth. In the fourth quarter, Bridgewater Associates reduced holdings in the major tech stocks, raising concerns about the future of artificial intelligence and increased capital spending.<span class=\"Apple-converted-space\">&nbsp;<\/span><\/p>\n<p>Dalio sold some of the biggest tech stocks, including <strong>Microsoft Corporation<\/strong> <strong>(<a href=\"https:\/\/247wallst.com\/companies\/msft\/?tpid=1500171&amp;tv=link&amp;tc=in_content\" data-google-interstitial=\"false\">NASDAQ:MSFT),<\/a> | <a href=\"https:\/\/247wallst.com\/companies\/msft\/price-prediction\" class=\"ticker-pp-link\">MSFT Price Prediction<\/a><\/strong>&nbsp;<strong>Meta Platforms<\/strong> (<a href=\"https:\/\/247wallst.com\/companies\/META\/?tpid=1559423&amp;tv=link&amp;tc=in_content\" data-google-interstitial=\"false\"><strong>NASDAQ:META)<\/strong><\/a> and <b>Alphabet<\/b><strong> (<a href=\"https:\/\/247wallst.com\/companies\/goog\/?tpid=1559913&amp;tv=link&amp;tc=in_content\" data-google-interstitial=\"false\">NASDAQ:GOOG<\/a>)(<a href=\"https:\/\/247wallst.com\/companies\/googl\/?tpid=1559913&amp;tv=link&amp;tc=in_content\" data-google-interstitial=\"false\">NASDAQ:GOOGL<\/a>)<\/strong>. These are some of the most prominent tech companies leading the AI race, but Dalio decided to offload these stocks. He has significantly reduced his position in all three companies. Let\u2019s dive deeper into it.<span class=\"Apple-converted-space\">&nbsp;<\/span><\/p>\n<div class=\"wp-caption aligncenter\"><img data-opt-id=758893364  fetchpriority=\"high\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" fifu-lazy=\"1\" fifu-data-sizes=\"auto\" fifu-data-srcset=\"https:\/\/i3.wp.com\/247wallst.com\/wp-content\/uploads\/2024\/01\/GettyImages-1921159214.jpg?ssl=1&w=75&resize=75&ssl=1 75w, https:\/\/i3.wp.com\/247wallst.com\/wp-content\/uploads\/2024\/01\/GettyImages-1921159214.jpg?ssl=1&w=100&resize=100&ssl=1 100w, https:\/\/i3.wp.com\/247wallst.com\/wp-content\/uploads\/2024\/01\/GettyImages-1921159214.jpg?ssl=1&w=150&resize=150&ssl=1 150w, https:\/\/i3.wp.com\/247wallst.com\/wp-content\/uploads\/2024\/01\/GettyImages-1921159214.jpg?ssl=1&w=240&resize=240&ssl=1 240w, https:\/\/i3.wp.com\/247wallst.com\/wp-content\/uploads\/2024\/01\/GettyImages-1921159214.jpg?ssl=1&w=320&resize=320&ssl=1 320w, https:\/\/i3.wp.com\/247wallst.com\/wp-content\/uploads\/2024\/01\/GettyImages-1921159214.jpg?ssl=1&w=500&resize=500&ssl=1 500w, https:\/\/i3.wp.com\/247wallst.com\/wp-content\/uploads\/2024\/01\/GettyImages-1921159214.jpg?ssl=1&w=640&resize=640&ssl=1 640w, https:\/\/i3.wp.com\/247wallst.com\/wp-content\/uploads\/2024\/01\/GettyImages-1921159214.jpg?ssl=1&w=800&resize=800&ssl=1 800w, https:\/\/i3.wp.com\/247wallst.com\/wp-content\/uploads\/2024\/01\/GettyImages-1921159214.jpg?ssl=1&w=1024&resize=1024&ssl=1 1024w, https:\/\/i3.wp.com\/247wallst.com\/wp-content\/uploads\/2024\/01\/GettyImages-1921159214.jpg?ssl=1&w=1280&resize=1280&ssl=1 1280w, https:\/\/i3.wp.com\/247wallst.com\/wp-content\/uploads\/2024\/01\/GettyImages-1921159214.jpg?ssl=1&w=1600&resize=1600&ssl=1 1600w\" class=\"aligncenter replaced\" fifu-data-src=\"https:\/\/i3.wp.com\/247wallst.com\/wp-content\/uploads\/2024\/01\/GettyImages-1921159214.jpg?ssl=1\" alt=\"Microsoft CEO Satya Nadella\" width=\"1024\" height=\"720\" data-caption=\"LAS VEGAS, NEVADA - JANUARY 09: Microsoft Chairman and CEO Satya Nadella speaks during a keynote address by Walmart Inc. President and CEO Doug McMillon during CES 2024 at The Venetian Resort Las Vegas on January 9, 2024 in Las Vegas, Nevada. CES, the worlds largest annual consumer technology trade show, runs through January 12 and features about 4,000 exhibitors showing off their latest products and services to more than 130,000 attendees. (Photo by Ethan Miller\/Getty Images)\" data-id=\"1349086\" data-credit=\"2024 Getty Images \/ Getty Images News via Getty Images\" data-ccinfo><\/p>\n<footer class=\"wallst_image_source\"><cite class=\"copyright\">2024 Getty Images \/ Getty Images News via Getty Images<\/cite><\/footer>\n<\/div>\n<h2>Microsoft Corporation <span class=\"Apple-converted-space\">&nbsp;<\/span><\/h2>\n<p>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.<span class=\"Apple-converted-space\">&nbsp;<\/span><\/p>\n<p>Microsoft has seen <a href=\"https:\/\/247wallst.com\/investing\/2026\/01\/29\/microsoft-nasdaq-msft-stock-price-prediction-for-2025-where-will-it-be-in-1-year\/\">steady revenue growth<\/a>, 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.<\/p>\n<p>There\u2019s 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.<span class=\"Apple-converted-space\">&nbsp;<\/span><\/p>\n<div class=\"wp-caption aligncenter\"><img data-opt-id=758893364  fetchpriority=\"high\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" fifu-lazy=\"1\" fifu-data-sizes=\"auto\" fifu-data-srcset=\"https:\/\/i3.wp.com\/247wallst.com\/wp-content\/uploads\/2025\/02\/shutterstock-2182703397-huge-licensed-scaled.jpg?ssl=1&w=75&resize=75&ssl=1 75w, https:\/\/i3.wp.com\/247wallst.com\/wp-content\/uploads\/2025\/02\/shutterstock-2182703397-huge-licensed-scaled.jpg?ssl=1&w=100&resize=100&ssl=1 100w, https:\/\/i3.wp.com\/247wallst.com\/wp-content\/uploads\/2025\/02\/shutterstock-2182703397-huge-licensed-scaled.jpg?ssl=1&w=150&resize=150&ssl=1 150w, https:\/\/i3.wp.com\/247wallst.com\/wp-content\/uploads\/2025\/02\/shutterstock-2182703397-huge-licensed-scaled.jpg?ssl=1&w=240&resize=240&ssl=1 240w, https:\/\/i3.wp.com\/247wallst.com\/wp-content\/uploads\/2025\/02\/shutterstock-2182703397-huge-licensed-scaled.jpg?ssl=1&w=320&resize=320&ssl=1 320w, https:\/\/i3.wp.com\/247wallst.com\/wp-content\/uploads\/2025\/02\/shutterstock-2182703397-huge-licensed-scaled.jpg?ssl=1&w=500&resize=500&ssl=1 500w, https:\/\/i3.wp.com\/247wallst.com\/wp-content\/uploads\/2025\/02\/shutterstock-2182703397-huge-licensed-scaled.jpg?ssl=1&w=640&resize=640&ssl=1 640w, https:\/\/i3.wp.com\/247wallst.com\/wp-content\/uploads\/2025\/02\/shutterstock-2182703397-huge-licensed-scaled.jpg?ssl=1&w=800&resize=800&ssl=1 800w, https:\/\/i3.wp.com\/247wallst.com\/wp-content\/uploads\/2025\/02\/shutterstock-2182703397-huge-licensed-scaled.jpg?ssl=1&w=1024&resize=1024&ssl=1 1024w, https:\/\/i3.wp.com\/247wallst.com\/wp-content\/uploads\/2025\/02\/shutterstock-2182703397-huge-licensed-scaled.jpg?ssl=1&w=1280&resize=1280&ssl=1 1280w, https:\/\/i3.wp.com\/247wallst.com\/wp-content\/uploads\/2025\/02\/shutterstock-2182703397-huge-licensed-scaled.jpg?ssl=1&w=1600&resize=1600&ssl=1 1600w\" class=\"aligncenter replaced\" fifu-data-src=\"https:\/\/i3.wp.com\/247wallst.com\/wp-content\/uploads\/2025\/02\/shutterstock-2182703397-huge-licensed-scaled.jpg?ssl=1\" alt=\"Neon Meta logo with brick wall background. Shiny neon meta logo in dark area. Facebook new logo. Neon meta icon.\" width=\"1500\" height=\"843\" data-caption data-id=\"1482499\" data-credit=\"nextheprime \/ Shutterstock.com\" data-ccinfo><\/p>\n<footer class=\"wallst_image_source\"><cite class=\"copyright\">nextheprime \/ Shutterstock.com<\/cite><\/footer>\n<\/div>\n<h2>Meta Platforms<\/h2>\n<p>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. However, in the past year, <a href=\"https:\/\/247wallst.com\/investing\/2026\/02\/14\/meta-stock-falls-3-28-this-week-despite-ackman-endorsement-and-bullish-analyst-targets\/\">META stock is down 7.20%<\/a> and is exchanging hands for $644 today.<span class=\"Apple-converted-space\">&nbsp;<\/span><\/p>\n<p>While analysts remain bullish on the stock, many investors think that Meta is spending more than required on AI. Its capex and expenses are set to rise due to heavy AI investment throughout 2026. However, faster revenue growth could help maintain a strong balance.<span class=\"Apple-converted-space\">&nbsp;<\/span><\/p>\n<p>There\u2019s skepticism surrounding the return on investment, and investors are concerned about the heavy spending, which exceeded $100 billion in a single year. If there\u2019s an AI bubble burst, Meta stock could suffer more than expected. Additionally, Metaverse remains an unprofitable business and has continuously generated operating losses.<span class=\"Apple-converted-space\">&nbsp;<\/span><\/p>\n<p>Dalio\u2019s Meta holdings have gone from 1.20% to 0.54% of the portfolio now.<span class=\"Apple-converted-space\">&nbsp;<\/span><\/p>\n<div class=\"wp-caption aligncenter\"><img data-opt-id=758893364  decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" fifu-lazy=\"1\" fifu-data-sizes=\"auto\" fifu-data-srcset=\"https:\/\/mlmjbqro95r8.i.optimole.com\/cb:bOxR.6a5\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/i0.wp.com\/247wallst.com\/wp-content\/uploads\/2022\/10\/imageForEntry47-ayg.jpg?ssl=1&w=75&resize=75&ssl=1 75w, https:\/\/mlmjbqro95r8.i.optimole.com\/cb:bOxR.6a5\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/i0.wp.com\/247wallst.com\/wp-content\/uploads\/2022\/10\/imageForEntry47-ayg.jpg?ssl=1&w=100&resize=100&ssl=1 100w, https:\/\/mlmjbqro95r8.i.optimole.com\/cb:bOxR.6a5\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/i0.wp.com\/247wallst.com\/wp-content\/uploads\/2022\/10\/imageForEntry47-ayg.jpg?ssl=1&w=150&resize=150&ssl=1 150w, https:\/\/mlmjbqro95r8.i.optimole.com\/cb:bOxR.6a5\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/i0.wp.com\/247wallst.com\/wp-content\/uploads\/2022\/10\/imageForEntry47-ayg.jpg?ssl=1&w=240&resize=240&ssl=1 240w, https:\/\/mlmjbqro95r8.i.optimole.com\/cb:bOxR.6a5\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/i0.wp.com\/247wallst.com\/wp-content\/uploads\/2022\/10\/imageForEntry47-ayg.jpg?ssl=1&w=320&resize=320&ssl=1 320w, https:\/\/mlmjbqro95r8.i.optimole.com\/cb:bOxR.6a5\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/i0.wp.com\/247wallst.com\/wp-content\/uploads\/2022\/10\/imageForEntry47-ayg.jpg?ssl=1&w=500&resize=500&ssl=1 500w, https:\/\/mlmjbqro95r8.i.optimole.com\/cb:bOxR.6a5\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/i0.wp.com\/247wallst.com\/wp-content\/uploads\/2022\/10\/imageForEntry47-ayg.jpg?ssl=1&w=640&resize=640&ssl=1 640w, https:\/\/mlmjbqro95r8.i.optimole.com\/cb:bOxR.6a5\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/i0.wp.com\/247wallst.com\/wp-content\/uploads\/2022\/10\/imageForEntry47-ayg.jpg?ssl=1&w=800&resize=800&ssl=1 800w, https:\/\/mlmjbqro95r8.i.optimole.com\/cb:bOxR.6a5\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/i0.wp.com\/247wallst.com\/wp-content\/uploads\/2022\/10\/imageForEntry47-ayg.jpg?ssl=1&w=1024&resize=1024&ssl=1 1024w, https:\/\/mlmjbqro95r8.i.optimole.com\/cb:bOxR.6a5\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/i0.wp.com\/247wallst.com\/wp-content\/uploads\/2022\/10\/imageForEntry47-ayg.jpg?ssl=1&w=1280&resize=1280&ssl=1 1280w, https:\/\/mlmjbqro95r8.i.optimole.com\/cb:bOxR.6a5\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/i0.wp.com\/247wallst.com\/wp-content\/uploads\/2022\/10\/imageForEntry47-ayg.jpg?ssl=1&w=1600&resize=1600&ssl=1 1600w\" class=\"aligncenter replaced\" fifu-data-src=\"https:\/\/mlmjbqro95r8.i.optimole.com\/cb:bOxR.6a5\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/i0.wp.com\/247wallst.com\/wp-content\/uploads\/2022\/10\/imageForEntry47-ayg.jpg?ssl=1\" alt=\"Alphabet Google\" width=\"1366\" height=\"768\" data-caption data-id=\"1183761\" data-credit=\"JHVEPhoto \/ iStock Editorial via Getty Images\" data-ccinfo><\/p>\n<footer class=\"wallst_image_source\"><cite class=\"copyright\">JHVEPhoto \/ iStock Editorial via Getty Images<\/cite><\/footer>\n<\/div>\n<h2>Alphabet Inc.<\/h2>\n<p>Alphabet forms 1.82% of the fund\u2019s portfolio. Dalio trimmed his stake in the tech giant by 1,063,070 shares. The hedge fund started purchasing Alphabet stock in 2016 and has steadily increased its stake. GOOG stock has been on a rally and gained 62% in the past year, exchanging hands for $303. Investors are concerned about whether the stock still has room to run.<span class=\"Apple-converted-space\">&nbsp;<\/span><\/p>\n<p>The bulls see an excellent opportunity in Google with steady cloud revenue growth, impressive backlog, and long-term profitability. On the other hand, the bears are concerned about the high capex spending and regulatory risks.<span class=\"Apple-converted-space\">&nbsp;<\/span><\/p>\n<h2>Key takeaway<\/h2>\n<p>I wouldn\u2019t say Dalio has moved away from the tech sector completely. The reduction could be a part of the broader trend where Dalio sold major positions in AI stocks while adding emerging tech stocks to the portfolio.<\/p>\n<p>He has added several tech stocks to his portfolio during the quarter. These include <strong>Nvidia<\/strong> <strong><a class=\"decorated-link\" href=\"https:\/\/247wallst.com\/companies\/nvda\/?tpid=1558578&amp;tv=link&amp;tc=in_content\" rel=\"noopener\" data-start=\"288\" data-end=\"350\" data-google-interstitial=\"false\">(NASDAQ: NVDA)<\/a><\/strong>, <strong>Broadcom Inc. (<a href=\"https:\/\/247wallst.com\/companies\/avgo\/?tpid=1438307&amp;tv=link&amp;tc=in_content\" target=\"_blank\" rel=\"noopener\" data-google-interstitial=\"false\">NASDAQ: AVGO<\/a>),<\/strong> <strong>Oracle<\/strong> <strong>(<a href=\"https:\/\/247wallst.com\/companies\/ORCL\/?tpid=1559639&amp;tv=link&amp;tc=in_content\" data-google-interstitial=\"false\">NYSE:ORCL<\/a>)<\/strong>, <b>Adobe<\/b> <strong>(<a href=\"https:\/\/247wallst.com\/companies\/adbe\/?tpid=1559913&amp;tv=link&amp;tc=in_content\" data-google-interstitial=\"false\">NASDAQ:ADBE<\/a>)<\/strong>, and <strong>Micron Technology<\/strong> <strong data-start=\"5827\" data-end=\"5900\"><a class=\"decorated-link\" href=\"https:\/\/247wallst.com\/companies\/mu\/?tpid=1552134&amp;tv=link&amp;tc=in_content\" rel=\"noopener\" data-start=\"5829\" data-end=\"5898\" data-google-interstitial=\"false\">(NASDAQ: MU)<\/a><\/strong>. His largest holdings continue to remain <strong>SPDR S&amp;P 500 ETF<\/strong> <strong>(<a href=\"https:\/\/247wallst.com\/companies\/spy\/?tpid=1560630&amp;tv=link&amp;tc=in_content\" data-google-interstitial=\"false\">SPY<\/a>)<\/strong>,<strong> iShares Core S&amp;P 500 ETF (<a href=\"https:\/\/247wallst.com\/companies\/IVV\/?tpid=1557785&amp;tv=link&amp;tc=in_content\" data-google-interstitial=\"false\">NYSEARCA:IVV<\/a>),<\/strong> and Nvidia.<span class=\"Apple-converted-space\">&nbsp;<\/span><\/p>\n<p>While investors shouldn\u2019t follow any billionaire\u2019s moves blindly, their decisions can help make a quick review of your portfolio.<\/p>\n<p><strong><a href=\"https:\/\/blockads.fivefilters.org\"> <\/a><\/strong> <a href=\"https:\/\/blockads.fivefilters.org\/acceptable.html\"> <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8230; holdings in the major <span class=\"match\">tech<\/span> stocks, raising concerns about &#8230; sold some of the biggest <span class=\"match\">tech<\/span> stocks, including Microsoft Corporation &#8230; moved away from the <span class=\"match\">tech<\/span> sector completely. The reduction &#8230; Adobe (NASDAQ:ADBE), and Micron <span class=\"match\">Technology<\/span> (NASDAQ: MU). His largest &#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-97482","post","type-post","status-publish","format-standard","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/97482","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/comments?post=97482"}],"version-history":[{"count":0,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/97482\/revisions"}],"wp:attachment":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/media?parent=97482"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/categories?post=97482"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/tags?post=97482"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}