Magnificent 7’s Stock Market Dominance Shows Signs of Cracking

To beat the market in recent years, many investors applied a simple strategy: Load up on the biggest US technology stocks. It paid handsomely for a long time. But last year, it didn’t. For the first time since 2022, when the Federal Reserve started raising interest...

Hedge Fund D1’s SpaceX Bet Fuels Its 39% Private Book Gain

D1 Capital Partners’ portfolio of private investments climbed 39% last year — powered by a bet on Elon Musk’s SpaceX, which nabbed an $800 billion valuation last month. The rocket and satellite maker makes up roughly 45% of the hedge fund’s venture capital and private...

Anthropic Raising $10 Billion at $350 Billion Valuation

Anthropic, the artificial intelligence startup behind the chatbot Claude, is raising a new round of funding that would value the company at $350 billion before the new investment, according to people familiar with the matter. The AI developer is in talks to raise $10...

Zambia’s World-Beating Kwacha Rally to Be Tested in Coming Weeks

Zambia’s kwacha faces risks in the coming weeks that may snap a year-end rally that has extended into 2026 and made it the world’s best-performing currency. The kwacha has gained more than 10% against the dollar since the start of last month, the biggest advance among...