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...

Data-Center Cooling Stocks Sink After Nvidia CEO’s CES Talk

Makers of cooling systems saw their stocks sell off Tuesday after comments by Nvidia Corp.’s chief executive raised fears about demand for their products from data centers. Johnson Controls International Plc, which makes water-cooled chillers and similar systems, slid...