News

Saudi Arabia Is Buying More U.S. Weapons. Why Defense Stocks Are Falling.
Shares of major defense contractors were mostly down Tuesday after the U.S. announced that Saudi Arabia is buying $142 ...
Why Palantir Stock Is Skyrocketing Today -- A New Trump Deal Could Be Incoming
Palantir's stock is seeing a boost from reports that the U.S. and Saudi Arabian governments have reached a new deal that ...
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Nvidia’s Return to $150 Gains Traction as Saudi’s AI Ambitions Spark Massive Tech Investments
Nvidia's stock targets $150 as Saudi Arabia partners with Nvidia, AMD, and Amazon to build a global AI hub. Analysts see this as a key growth catalyst for NVDA.
Trump takes credit for surging stocks: ‘It’s going to go a lot higher’
Less than two weeks after blaming former President Joe Biden for stocks’ weak performance, President Donald Trump is making it sound like it’s his market again. As the S&P 500 [turned positive for the ...
Saudi Arabia’s low-cost carrier Flynas sells out all shares from initial public offering
Saudi Arabia’s low-cost carrier Flynas has sold within minutes of opening all of the $1.1 billion in shares from its initial public offering on the Riyadh stock exchange ...
Why Tesla Stock Jumped Today Even as Sales Continue to Plunge
Sales data from China showed Tesla's April sales declined almost 9% year over year in the world's largest electric vehicle (EV) market. Things haven't started to improve, either, as the company's ...
Oil market 'smile' suggests Saudi Arabia's output shift was well timed
The oil market appears to be telling Saudi Arabia that its shift to pumping more oil after five years of cutting output was ...