Peninsula

Saudi Stock Market index closes lower

Riyadh: Saudi Stock Exchange’s main index closed lower on Sunday, shedding 5.97 points to end at 11,690.61 points, with total trading value reaching SR 4.1 billion. The total number of shares traded stood at 190 million, with 84 companies’ stocks closing higher, while 168 companies recorded declines. Meanwhile, the Saudi Parallel Market Index (Nomu) closed…

Read More
Trump's China cooking oil threat cut $450B from market in minutes, watcher says — keep politics from frying your stocks

Trump’s China cooking oil threat cut $450B from market in minutes, watcher says — keep politics from frying your stocks

Markets took a late-day gut punch on Oct. 14 after President Donald Trump took to Truth Social and threatened to terminate business with China “having to do with cooking oil” among other “elements of trade” in response to China slashing imports of U.S. soybeans in recent months. (1) The social media post sent ripples across…

Read More
7 Dividend Stocks to Hold for the Next 20 Years

7 Dividend Stocks to Hold for the Next 20 Years

Companies that consistently pay dividends can help form a strong foundation for your investment portfolio. Investing in the stock market is an excellent way to build long-term wealth. Key to this is patience, discipline, and owning stocks in quality businesses. Businesses that consistently reward shareholders with steady dividend payments can be an excellent choice for…

Read More
My Favorite AI Growth Stock to Invest $1,000 in Right Now

My Favorite AI Growth Stock to Invest $1,000 in Right Now

ASML is well-positioned to benefit from AI chip manufacturing growth. When investors think about leading artificial intelligence (AI) growth stocks, names like Nvidia, Broadcom, and Advanced Micro Devices may come to mind. And while these three chip designers are redefining modern data centers, there’s an equally important semiconductor company that should be getting equal attention….

Read More