42 Mins Ago
Ray Dalio says the U.S. stock market ‘doesn’t look very bubbly’
Billionaire investor Ray Dalio believes the U.S. stock market is not in a speculative bubble.
The founder of Bridgewater, one of the world’s largest hedge funds, analyzed the market based on his bubble criteria, which includes valuation, sentiment, new buyers and unsustainable conditions.
“When I look at the U.S. stock market using these criteria, it — and even some of the parts that have rallied the most and gotten media attention — doesn’t look very bubbly,” he said in a new LinkedIn post published Thursday.
— Yun Li
43 Mins Ago
Dell shares soar 20% after strong earnings
Shares of Dell Technologies jumped more than 18% in extended trading after the tech company posted better-than-expected fourth-quarter results. Dell also showed strong demand for its artificial intelligence servers.
Chief Financial Officer Yvonne McGill said the company is increasing its annual dividend by 20% to $1.78 per share, which she called a “testament to our confidence in the business.”
— Yun Li
