Nvidia shares ended down more than 6 per cent on Thursday after its third-quarter forecast failed to live up to investors' expectations. Reuters

Nvidia shares tumble after forecast but Dow sets new record

AI chip maker's stock falls more than 6 per cent, while strong economic data props up Dow Jones

Markets

Talabat IPO: Parent of UAE food delivery firm preparing for Dubai listing

Markets

Warren Buffett's Berkshire Hathaway tops $1tn in market value

Markets

UK Labour government asked, where is City of London honeymoon?

Business

Global stocks surge on optimism of Fed rate cut

Markets

British pound strengthens on political stability and dollar weakness

Markets

Uber upgraded to investment grade by S&P on improved outlook

Markets
Traders on the floor of the New York Stock Exchange. Gold surged past $2,500 on Friday, driven by optimism for a Fed rate cut and strong economic data. AP

Gold tops $2,500 for first time as stock markets extend rebound

The precious metal, a hedge against inflation, is up nearly a quarter in 2024 and about 30% in the past 12 months

Economy

IPOs and dividend payouts are magnets for yield-hungry investors in GCC

Money

Saudi Arabia to focus on green sectors in $1tn capex super-cycle

Energy

Oil prices slide nearly 2% on weak Chinese demand

Economy

Adnoc Drilling to join MSCI Index this month

Markets

Global markets in recovery mode ahead of US inflation data this week

Markets

US stocks end higher after losses during week on recession fears

Markets
An Adnoc Drilling rig at Upper Zakum oilfield. The company listed its share on the ADX in October 2021. Photo: Adnoc

Adnoc Drilling to join MSCI Index this month

The inclusion will boost liquidity in company's stock and will broaden its investor base

Markets

Global markets in recovery mode ahead of US inflation data this week

Markets

US stocks end higher after losses during week on recession fears

Markets

Abu Dhabi fund to acquire stake in Sotheby’s in $1 billion move

Markets
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