Why billionaire investor Ray Dalio hates cash and bonds, and says the election won’t change his view on the economy

2020-10-28

  Ray Dalio, the founder, chairman and co-chief investment officer of the world’s largest hedge fund firm, Bridgewater Associates, has had a rough 2020. Bridgewater’s flagship fund has been deeply negative, even as rival hedge funds managed to outperform the market, particularly during the initial turmoil from the coronavirus pandemic.Read More →

Trump executive order to punish social-media platforms is largely toothless, legal experts say

2020-05-28

President Donald Trump on Thursday signed an executive order ostensibly to prevent online censorship, a broad government review of private companies’ activities with potentially grave consequences for social-media companies. Trump claimed in the order that social-media companies have “unchecked power” to censor and restrict speech, and “we’re fed up withRead More →

Alphabet earnings miss estimates, driving down shares 2%

2019-10-28

Alphabet Inc., the parent company of Google, reported a third-quarter earnings miss that sent its stock down 2% in after-hours trading on Monday. The Mountain View, Calif.-based company GOOGL, +1.95% GOOG, +1.97%  reported net income of $7.07 billion, or $10.12 a share, compared with $13.06 a share in the year-agoRead More →

Facebook’s Zuckerberg says he would ‘go to the mat’ over ‘existential’ threat to his business from Elizabeth Warren

2019-10-02

Facebook CEO Mark Zuckerberg says he would “go to the mat” and “fight” against Democratic presidential candidate Sen. Elizabeth Warren who has threatened to break up his social-media empire. Read: Billionaire investor on Elizabeth Warren as president: Market might not even open On Tuesday, The Verge published text and leakedRead More →

Tech’s day of reckoning on Capitol Hill was long and harsh

2019-07-16

Tech’s day of reckoning Tuesday on Capitol Hill started with skepticism about Facebook Inc.’s proposed digital currency, and ended with a spirited debate over charges of anti-conservative bias on Alphabet Inc.’s Google search. In between, the industry’s Big Four took some plenty of body blows from both political parties. Nonetheless,Read More →