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AI boom is in early bubble phase, Bridgewater founder Ray Dalio says

The artificial intelligence boom that powered Wall Street’s technology stocks ‍is “now in the early stages of a bubble,” hedge fund manager Ray Dalio ⁠warned in a post on social media platform X on Monday. Wall Street’s main indexes posted double-digit gains in 2025, marking a third straight year of advances, a ‌run last ‌seen […]

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AI boom is in early bubble phase, Bridgewater founder Ray Dalio says

The artificial intelligence boom that powered Wall Street’s technology stocks ‍is “now in the early stages of a bubble,” hedge fund manager Ray Dalio ⁠warned in a post on social media platform X on Monday.

Wall Street’s main indexes posted double-digit gains in 2025, marking a third straight year of advances, a ‌run last ‌seen during 2019-2021. The gains were fueled by heavy investor demand for AI-linked stocks, which pushed ‌US equity benchmarks to record highs.

Dalio, who co-founded hedge fund Bridgewater Associates in 1975, said US stocks…

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