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Explained | What drove Nvidia's march to $2 trillion m-cap, and what's next for this AI play?

Another quarter of bumper results catapulted this fourth-most valuable company in the world to the $2 tn market cap milestone. Going forward, demand for its newest products is expected to far outstrip supply, ensuring 3-5 years of

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India's imports of Saudi oil in September slump to a multi-year low | Business News

India's imports of Saudi oil in September slump to a multi-year low | Business News
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NVIDIA Corporation : Nvidia joins the 1000 club

An impressive rise in Nvidia shares has propelled the chipmaker into a very exclusive club: American companies with a market value of $1,000 billion. The company's market capitalization did not remain... | May 31, 2023

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Managing expectations

Nothing new so far this morning, China continues to disappoint investors, AI still rules financial markets and the US debt ceiling remains the main focus of investors, as the month of May comes to a close. | 09:30am

Hong-kong , Russia , China , Ukraine , United-states , France , Germany , Riyadh , Ar-riya- , Saudi-arabia , Japan , Chicago

Top 10 most Valuable Firms in 2022

Here is the list of the world's top ten most valuable firms which have Apple, Microsoft, Aramco, Alphabet and Amazon at top 5.

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20 Richest Companies in the World by Market Cap 2021

20 Richest Companies in the World by Market Cap 2021
thetealmango.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thetealmango.com Daily Mail and Mail on Sunday newspapers.

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Moelis Gets Mandate with Saudi Aramco on Selling Stakes in Units

Moelis Gets Mandate with Saudi Aramco on Selling Stakes in Units
Posted on 12/10/2020
Saudi Aramco (Saudi Arabian Oil Company) is the world’s biggest oil company and has been negatively hurt by a long-term slump in oil prices exacerbated by the COVID-19 lockdowns (kills global oil demand). Saudi Aramco hired Moelis & Co. to formulate a strategy for selling stakes in some subsidiaries. The plan includes raising around US$ 10 billion from a stake sale in Aramco’s pipelines. Ken Moelis has a nickname in the Arab region as “Ken of Arabia”. Despite massive recent drops in profits, Saudi Aramco remains the crown jewel for the country as the oil giant is keen on paying its massive “guaranteed” dividend payments.

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