Most of the media hype goes to Nvidia, Broadcom, Google and the other major AI plays. We dug deeper into billionaire Ray Dalio's Bridgewater ******* ociates Q2 13F filings to see what new AI stocks the fund was buying.
ServiceNow, Inc. (NYSE:NOW) was one of them. Bridgewater opened a position of about 635,000 shares worth roughly $63 million, a 0.26% portfolio weight. Nutanix, Inc. (NASDAQ:NTNX) was the other. The fund bought about 999,000 shares worth roughly $51 million, a 0.21% weight.
NOW regularly gets the limelight in the media, so let's focus on NTNX. The stock is down 11% over the past year.
Nutanix ended fiscal 2026 with recurring revenue of $2.55 billion, up 16%, and added more than 3,000 new customers during the year.
Why Nutanix's business can keep growing
#nutanix #ntnx #roughly #million
ServiceNow, Inc. (NYSE:NOW) was one of them. Bridgewater opened a position of about 635,000 shares worth roughly $63 million, a 0.26% portfolio weight. Nutanix, Inc. (NASDAQ:NTNX) was the other. The fund bought about 999,000 shares worth roughly $51 million, a 0.21% weight.
NOW regularly gets the limelight in the media, so let's focus on NTNX. The stock is down 11% over the past year.
Nutanix ended fiscal 2026 with recurring revenue of $2.55 billion, up 16%, and added more than 3,000 new customers during the year.
Why Nutanix's business can keep growing
#nutanix #ntnx #roughly #million
5 hours ago
