On December 11th, 2019, The Kingdom of Saudi Arabia launched its initial public offering of Saudia Aramco on the Tadawul public stock exchange. The company's initial offering went quite well after an unprecedented marketing campaign, which was pretty much unheard of before this event. On the second day of trading, the company hit a market cap of 2 trillion d ... Show More
Dec 2019
Lulu tries to become Nike — How Saudi Aramco makes $90B in profits/year — Away’s drama arrives
Oil legend Saudi Aramco is the most valuable company in the world and it just IPO’d, but how does it make money? Luggage brandicorn Away went through a week worse than your worst travel trip, so we’re looking at what actually went wrong. And Lululemon reported earnings, but we’re ... Show More
17m 49s
Mar 2024
Saudi’s $48BN ‘Downtown Riyadh’, Telegram’s $330M in new capital, and Elon Musk’s ketamin habit good for investors
Top Stories Today:Saudi Arabia's $48.00 billion Mega-Project: New Murabba Seeks Global Investors
Telegram secures $330 million in new capital through the issuance of bonds - but will it list in Abu Dhabi?
Unliver Will Spin Off Ice Cream Branch, cut 7,500 jobs as stock rises over ... Show More
53m 8s
Jun 2024
Nvidia As the New Market Cap King, Fresh Record Highs, Musk Walks Back Comments 6/20/24
<p>Carl Quintanilla, Melissa Lee and Michael Santoli explored the mega-tech rally, with Nvidia surpassing Microsoft and Apple to become the world's most valuable company. The chipmaker extended its gains, helping the S&P 500 and Nasdaq hit fresh record highs. The anchors also rea ... Show More
42m 18s
Apr 2019
The Trillion-Dollar Sleeper
Microsoft’s market cap crosses the trillion-dollar mark as shares hit an all-time high. Amazon reports its most profitable quarter ever. Facebook surprises, but in a good way. And Uber and Slack get ready for their public debuts. Analysts Andy Cross, Emily Flippen, and Jason Mose ... Show More
40m 39s
Mar 2023
Tracking the mysterious rise of a UAE company
<p>Over just a few years, the share price of an obscure company from the United Arab Emirates has jumped 40,000%. But little is known about International Holding Company, which has investments in everything from Elon Musk’s SpaceX to India’s Adani Group. The FT’s Middle East edit ... Show More
22m 1s