by Jennifer George | September 17, 2024 | Industry, News, Stocks & Bonds, Technology
Apple Intelligence marked another light bulb moment for Apple, or so they thought. Despite the promising launch of the iPhone 16 series on September 9th, the tech mogul failed to entice tech enthusiasts with its recycled “better camera and improved battery...
by Jibran Munaf | September 7, 2024 | Stocks & Bonds
The UAE’s stock markets saw significant growth this week, with market capitalization increasing by AED 61 billion ($16.6 billion), largely driven by strong performances in the real estate, financial, and industrial sectors. The Abu Dhabi Securities Exchange...
by Jennifer George | September 4, 2024 | News, Stocks & Bonds, Technology, Trending Now
When Nvidia’s stock price plummeted by 9.5% on Wednesday night, shockwaves were felt in financial markets worldwide. In a major Wall Street sell-off, the semiconductor giant shed $279 billion in value, which marked the biggest one-day market capitalization drop...
by Jibran Munaf | September 3, 2024 | Markets, Stocks & Bonds
Stock markets worldwide experienced a volatile trading session on Monday as new data revealed weakening economic performance in China, dampening investor sentiment. This overshadowed the optimism surrounding an anticipated interest rate cut by the US Federal Reserve....
by Jennifer George | August 29, 2024 | Industry, Stocks & Bonds, Technology
Shortly after announcing $30.04 billion in earnings on Wednesday, semiconductor giant Nvidia declared a $50 billion share buyback. This move was preceded by Nvidia’s stocks falling by 2% during regular trading, hours before the earnings report was furnished. In...
by Vasu Jit Kalia | August 29, 2024 | Markets, Stocks & Bonds
The Germany-based food delivery platform, Delivery Hero is preparing to list share of its UAE subsidiary Talabat on the Dubai the Dubai Financial Market (DFM) in the fourth quarter of this year, the German company announced on Thursday. “A listing may be pursued...
