SpaceXÂ shares made a strong start on their first day of trading on the public markets, rising 19% to close at $160.95 per share, compared to the initial offering price of …
Mohamed Zedan
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Daily Reports
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Daily Reports
Global stock markets jump after the announcement of a peace agreement between the United States and Iran.
49 viewsGlobal financial markets experienced a strong upward surge at the start of the week’s trading, after US President Donald Trump announced an agreement to end the conflict between the United …
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Daily Reports
Wall Street poised for a higher open… Chip stocks recover and Middle East calm boosts sentiment
54 viewsUS stock indices are heading towards a positive opening during Tuesday’s trading, supported by the continued recovery of semiconductor and artificial intelligence stocks for the second day in a row, …
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Daily Reports
The US trade deficit stabilized in April despite tariffs, while demand for artificial intelligence boosted imports.
45 viewsData from the U.S. Commerce Department showed that the U.S. trade deficit remained virtually unchanged during April, a further indication that tariffs imposed by President Donald Trump’s administration have so …
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Daily Reports
Taiwan is considering tightening restrictions on AI chip exports to China, a move that could strengthen Washington's grip on Nvidia.
53 viewsMarkets are highlighting new developments that could have a significant impact on the future of the global artificial intelligence chip trade, after reports revealed that Taiwan is considering imposing stricter …
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Daily Reports
OpenAI is secretly advancing towards the stock exchange… Wall Street is preparing for one of the largest IPOs in history.
40 viewsOpenAIÂ has officially entered the race for initial public offerings, after announcing that it had secretly submitted a draft application for listing to US regulators, in a move that paves the …
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Global financial markets continued to recover on Tuesday, with US stock futures rising as investors returned to buying technology shares, at a time when geopolitical concerns began to ease somewhat …
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Daily Reports
Amazon signs multi-billion dollar deal with Corning to expand data center infrastructure
46 viewsAmazon announced a multi-billion dollar agreement with Corning to provide fiber optics, cables, and networking solutions to support the rapid expansion of Amazon’s data centers as demand for cloud computing …
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Daily Reports
Wall Street is recovering strongly despite Middle East tensions, with artificial intelligence stocks leading the gains.
47 viewsUS markets opened strongly on Monday, signaling a notable recovery after the sharp sell-off that hit stocks at the end of last week. Despite escalating tensions between Iran and Israel …
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Daily Reports
The dollar awaits the US inflation test; strong data could bolster bets on an interest rate hike.
45 viewsThe US dollar continued to hold its gains near its highest level in two months, amid market anticipation of US inflation data due this week, which could play a crucial …