Microsoft’s $450 Billion Market Surge
Microsoft made stock market history after adding nearly US$450 billion to its value in a single trading day. The company’s shares jumped more than 15% after it reported stronger-than-expected earnings, rapid cloud growth and an optimistic outlook for its artificial intelligence business. The surge pushed Microsoft’s market value to approximately US$3.35 trillion. Microsoft generated US$90 […]
Saudi Arabia Joins Fight Against Iran-Backed Groups
Saudi Arabia has joined the United States in launching airstrikes against Iran-linked militia groups in Iraq after the fighters allegedly attacked Saudi oil and gas facilities. The operation marks Saudi Arabia’s first publicly confirmed involvement in the wider conflict involving the United States, Israel and Iran. Although Saudi officials said the strikes were defensive and […]