Wall Street digests record fundraising haul as AI race intensifies
SpaceX, Anthropic and Alphabet financings highlight investors’ willingness to absorb a torrent of new issuance
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China tees up digital payments system to compete with dollar
Beijing’s cross-border currency platform will be backed by central banks of Hong Kong, Thailand, UAE and Saudi Arabia
How Wall Street pulled off the biggest IPO in history for SpaceX
Bankers convinced investors to believe in a sci-fi strategy, overlook steep losses and hand full control to Elon Musk
Investment firms join Donald Trump’s $100bn race for Venezuelan oil
Lionheart Capital and Keo Energy create Nasdaq-listed company to pursue assets in Latin American nation.
Chart of the Week: US headline inflation matters to consumers
The headline annual inflation rate hit 4.2%, the highest since April 2023
How AI is disrupting investment
The technology is leading to a fundamental shift in the way investors allocate funds and diversify risks across every asset class