US consumer confidence edged down in May as views of current economic conditions settled back amid rising prices due to the war in Iran. The Conference Board’s gauge of confidence decreased 0.7 point to 93.1 after an upward revision to the prior month, data released...

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...

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...

Geopolitical factors are helping push institutional investors close to their most bearish view on oil over the past 10 years as the global market stares down a glut, a survey by Goldman Sachs Group Inc. finds. More than 59% of over 1,100 Goldman clients across asset...

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 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...

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...

AI powerhouse Nvidia (NVDA) announced the launch of its next-generation Vera Rubin superchip at CES 2026 on Monday in Las Vegas. One of six chips that make up what Nvidia is now calling its Rubin platform, Vera Rubin combines one Vera CPU and two Rubin GPUs in a...

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...

Elon Musk's Grok is generating sexualized images of women and minors Politicians in France ask prosecutors to investigate; India demands answers Experts have long warned Grok owner xAI about potential misuses of AI-generated content Julie Yukari, a musician based in...

South Korean President Lee Jae Myung said ties with Beijing are crucial and reiterated his nation’s “respect” for the “one-China” stance when it comes to Taiwan, according to an interview with Chinese state broadcaster CCTV ahead of a meeting with President Xi...