NEW YORK, Feb 14- Billionaire Ray Dalio's Bridgewater Associates, Viking Global Investors, and Granite Point Capital were among prominent hedge funds placing new bets on electric carmaker Tesla Inc in the fourth quarter, positioning them to gain from its nearly 100% rally over the first six weeks of the year. The positions were revealed in 13 F filings with the...
The number of 'very high net worth' people around the globe, defined as those with a net worth of between $5 million and $30 million, grew at a fast pace in 2019, according to a new report from market research firm Wealth-X.
Live updates of what's moving the market, including the latest on Under Armour, the coronavirus and the Fed.
U.S. stock futures were pointing to a higher Wall Street open on Tuesday, with the Dow less than 0.5% away from record highs.
Michael Sonnenfeldt told CNBC that Tiger 21's members are sitting on piles of cash to protect against an economic downturn.
A day ahead of the project to plant, restore, or conserve 1 trillion trees, President Trump formally backed the initiative, despite his longstanding skepticism of climate change.
Nov 22- Bridgewater Associates' Ray Dalio said on Friday his hedge fund does not have a net bet that the stock market will fall, taking issue with a story published earlier in the Wall Street Journal. The bet, assembled over a span of months and executed by a handful of Wall Street firms, including Goldman Sachs Group Inc and Morgan Stanley, would pay off for the world's...
Nov 22- The S&P 500 and Dow Jones indexes eked out gains on Friday following upbeat trade deal comments from Washington and Beijing, while the Nasdaq was weighed down by a slump in shares of Tesla after the launch of its electric pickup truck. Trump told Fox News that a trade deal was "potentially very close", adding to optimism following remarks by President Xi...
*China's Xi says wants to work out an agreement. Nov 22- The S&P 500 and Dow Jones indexes eked out gains on Friday after President Donald Trump signalled an imminent trade deal with China, while the Nasdaq was weighed down by a slump in shares of Tesla after the launch of its electric pickup truck. Trump told Fox News that a trade deal with China was "potentially very...
*Trump says deal "potentially very close"- Fox News. Nov 22- Wall Street was set to open higher on Friday as latest comments from China and U.S. U.S. stock index futures rose in volatile trading as Trump told Fox News that a trade deal with China is "potentially very close".
The reported wager placed by Bridgewater Associates would pay off for the firm if either the S&P 500 or the Euro Stoxx 50 or both decline.
U.S. stock futures were pointing to a higher open on Wall Street after the Dow and S&P 500 closed lower for the third straight session Thursday.
Nov 22- Bridgewater Associates LP, a hedge fund founded by billionaire Ray Dalio, has bet more than $1 billion that stock markets around the world will fall by March, the Wall Street Journal reported on Friday, citing people familiar with the matter. The bet, assembled over a span of months and executed by a handful of Wall Street firms, including Goldman Sachs Group...
Billionaire Paul Tudor Jones says the stock market will turn south because it will assume a Democrat will raise taxes.
Ray Dalio, the billionaire founder of hedge fund Bridgewater Associates, says the economy is on a path that is unsustainable. Here's why.
Ray Dalio took to Twitter to explain he is "impressed" by Modi's ability to bring together Indians by "helping the full range of people, from those who are in abject poverty to rich business leaders."
Dalio says that the U.S. will have little choice but to raise taxes in the coming years to offset its mounting liabilities and debts.
The hedge fund titan believes it is too late for central banks to reverse a global slowdown..
Salesforce founder Marc Benioff echos other billionaires like Ray Dalio, Bill Gates and Warren Buffett in criticizing extreme wealth inequality.
This Bloomberg Businessweek ranking ascribes all people in the world a "wealth number" from -2 to 11 based on their net worth. The highest ranking includes only two people: Jeff Bezos and Bill Gates. Find your own number to see how you stack up.