The Leading Tech Stocks Gaining From Trump’s $600 Billion Deal With Saudi Arabia
Nvidia and AMD Set to Benefit from Saudi Arabia’s Investment Nvidia and AMD seem to be in prime position following Saudi Arabia’s recent announcement regarding significant investments in technology. The Kingdom intends to acquire a substantial number of chips from both companies to support its AI goals. This deal is expected to help the two […]
“Enduring connections” might be returning for Team Trump following their visit to Saudi Arabia
Are 50-Year Bonds Making a Comeback? Could it be that 50-year bonds aren’t as obsolete as we thought? The prevailing belief has been that these “eternal bonds,” issued by the US Treasury, aren’t particularly attractive to investors. There are quite a few reasons for this, but mainly, the idea of purchasing such long-term debt doesn’t […]
Trump finalizes $2 trillion agreements in the Middle East with Saudi Arabia, UAE, and Qatar.
Trump Returns to Washington with Major Agreements from Middle East Trip After his first significant journey of his second term, President Donald Trump has come back to Washington with notable agreements finalized. This visit marked a pivotal moment for both the U.S. and its Middle Eastern partners, as Saudi Arabia, the United Arab Emirates (UAE), […]
Trump’s investment in Saudi Arabia yields positive outcomes as peace initiatives in the Middle East show progress.
Trump’s Early Foreign Policy Focus on Saudi Arabia Reflecting back to eight years ago, during the initial days of Donald Trump’s presidency, I found myself in the White House situation room. We, a group of senior advisors, were debating our strategy regarding Saudi Arabia. The options seemed stark: continue the traditional dialogues with Saudi leaders […]
Trump’s Swift Move to Secure AI Agreements in Saudi Arabia and UAE Creates Tension with China Advocates
President Trump’s eagerness to finalize an artificial intelligence contract during his Middle East travels is causing some tension within his administration, particularly among the so-called “Chinese hawks.” These officials are increasingly wary of the implications. The Trump administration plans to acquire a significant number of semiconductors from Nvidia and Advanced Micro Devices in collaboration with […]
Schumer criticizes Trump’s agreements to sell AI chips to Saudi Arabia and the UAE.
Senate Democratic leader Chuck Schumer from New York, a prominent supporter of American leadership in artificial intelligence, has criticized former President Trump’s backing of a deal to transfer advanced US chip technology to Saudi Arabia and the UAE. Schumer expressed concern that Trump “creates the conditions for selling the most sensitive US chip technology in […]
Bridgewater founder Ray Dalio plans to establish an office in Saudi Arabia, according to sources
Ray Dalio, the billionaire founder of Bridgewater Associates, which is known as the largest hedge fund globally, has plans to establish a new family office in Saudi Arabia. Born in New York, Dalio’s wealth is estimated at around $14 billion by Forbes. This new family office, based in Riyadh, is intended to help manage investments […]
Owner of LA Times has a meeting with Trump in Saudi Arabia
This week, the owner of the Los Angeles Times, billionaire Patrick Soon-Shiong, met with President Trump during his visit to Saudi Arabia. Alongside influential figures like Elon Musk, Sam Altman, and Reed Hoffman, Soon-Shiong joined Trump for discussions in the Middle East. He expressed that he felt “honoured” to talk with both Trump and Crown […]
China Highlights Agricultural Agreement with Saudi Arabia Following Trump’s Visit
On Wednesday, China’s state-run Global Times highlighted President Donald Trump’s mention of more than $4 billion in agricultural contracts signed between China and Saudi Arabia the previous day, marking significant agreements in Riyadh. The newspaper reported that over 70 cooperation agreements have been signed by companies and agencies from both China and Saudi Arabia, covering […]
Rahm Emanuel claims he turned down bribes from Saudi Arabia while working with Obama.
Rahm Emmanuel Reflects on Saudi Trip and Jets Controversy Former White House Chief of Staff Rahm Emmanuel recently recounted an experience during a state visit to Saudi Arabia with then-President Obama, where he says he resisted a tempting offer from the Saudi government. While discussing President Trump’s acceptance of jets from Qatar on ABC’s “The […]