The first is that the state is now much more active in economic development than at any point in recent decades. Somehow an economy must evolve from agrarian poverty to diversified industries that can compete with rivals in countries which have been rich for centuries. To do so requires infrast...
In this study, spectral Granger causality analysis is employed to investigate the spectral dynamics of uncertainty transmission and its impact on economic growth and financial development in Saudi Arabia from 1993 to 2020. We examine the relationships between crude oil volatility, geopolitical risk, glob...
Still, the pace of actual data center buildout is an open question. Progress to date has been notable: Saudi Arabia’s Aramco has produced what is reportedly the largest industrial GenAI model in the world, and the Saudi Data and AI Authority released the leading Arabic LLM family, ALLaM, ...
it could be incredible. I feel like [PIF is] in it for the long haul. I mean, if they hang around with their checkbook, it future-proofs it a little bit. This arms race of how much money can we pay all these players, the PGA Tour was going to lose eventually. So...
“tech companies are becoming billion-dollar businesses. i think that softbank was just the first to see that it could deploy much more capital and get big returns. it over-invests to anoint the winners. it may turn out it’s a colossal risk and doesn’t work out, but i think it ...
Calculating market cap is a straightforward process. To find a company’s market cap, simply multiply its currentstock price by the total number of outstanding shares. This formula gives you the overall market value of the company, reflecting how much the market believes the company is worth at...
Of thesix biggest companiesin the world, all but Saudi Aramco are American tech firms, and all are worth more than $1 trillion. "Tech companies getting into the $1 trillion club is almost viewed like a cup of coffee in Silicon Valley now," Dan Ives, a tech analyst at Wedbush Securities...
Nvidia is now worth more than the entire FTSE 100 as the US tech giant cashes in on the artificial intelligence (AI) boom. Shares in Nvidia have risen more than 13pc over the last five days after bosses this week revealed sales trebled ...
TheWall Street Journalis reportingtoday that Saudi Arabia has a new idea to attract foreign capital, as it plans to sell between $10 and $20 billion worth of stock in Aramco, andReuters notedthat “Global oil prices increased on Tuesday on the expectation that OPEC+ will maintain crude suppl...
Answer to: How much does an investment bank know about a potential IPO before that bank is invited to make a case for it's services to a company's...