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...

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...

Nvidia at CES: Alpamayo signals the real arrival of physical AI

At CES 2026, Nvidia Corp. announced Alpamayo, a new open family of AI models, simulation tools and datasets aimed at one of the hardest problems in technology: making autonomous vehicles safe in the real world, not just in demos. On the surface, Alpamayo looks like...

The Year America’s Economic Edge Evaporated

It’s the time of year when investors peek at their accounts to see whether it will be champagne and caviar to celebrate the holidays or beer and chips. The MSCI USA Index’s 16.3% gain would suggest the former is on the menu, and yet, the latter might be more...

Tesla Sales Outlook Darkens Despite Musk’s Self-Driving Euphoria

Tesla Inc. ended last year on a roll, with investors increasingly buying into Elon Musk’s ebullience about autonomous vehicles. Winning over actual car buyers was another story. Shares in the world’s most valuable auto company soared in the second half, largely on the...

US Stocks Slouch Into Year End With No Sign of Santa Claus Rally

The S&P 500 Index fell 0.3% in midday trading, down less than 1% from its record close on Christmas Eve. Nike Inc. was a bright spot, climbing more than 4% after news its CEO bought shares. The Nasdaq 100 Index shed 0.3% and Bloomberg’s Magnificent Seven Index was...

How a divided Fed could define the S&P 500 in 2026

Interest-rate cuts from the Federal Reserve and optimism over artificial intelligence have helped the stock market higher this year. A divided and changing Fed may complicate 2026. Tuesday’s release of minutes from the Fed’s December policy meeting showed a split...