Here Are The Biggest Corporate Winners From Trump’s Visit To The Middle East

By: bitcoin ethereum news|2025/05/15 07:00:14
0
Share
copy
Topline Boeing’s stock reached its highest point in the past year Wednesday after Qatari Airways announced a deal to buy 210 jets from the American aircraft company, the latest in a string of massive deals American companies have struck in the Middle East this week amid President Donald Trump’s four-day visit to the region. Boeing is one of several American companies making deals in the Middle East this week. (Photo by: ... More aviation-images.com/Universal Images Group via Getty Images) Key Facts Boeing shares closed up .62%, reaching their highest point since last February. Shares of the aircraft manufacturer are up 15.6% since the start of 2024, when Boeing’s stock traded at $171.87. Nvidia, which struck a deal to sell 18,000 AI chips to the new Saudi-backed AI company Humain, is up about 8% since the deal was announced and closed up 4.1% on Wednesday at $134.76, reaching its highest point since February. AI software developer Palantir, which is one of several American firms that attended the U.S.-Saudi Investment Forum this week, reached an all-time high of $130.18 after jumping 8.5% since Tuesday. Elon Musk attended the investment forum and has benefited with a 4% surge in Tesla stock Wednesday, though the electric vehicle maker’s stock is down 13.9% since the start of the year. Larry Fink-led investment company Blackrock, which also attended the investment forum, spiked 4.2% Monday and closed up a fraction of a percent Wednesday, continuing a month’s worth of gains, though shares of the multinational firm are still down around 5.6% on the year. Get Forbes Breaking News Text Alerts : We’re launching text message alerts so you’ll always know the biggest stories shaping the day’s headlines. Text “Alerts” to (201) 335-0739 or sign up here . Forbes Valuation Musk, the world’s wealthiest person, has an estimated net worth of $423.8 billion following an $8.1 billion increase Wednesday. Nvidia CEO Jensen Huang’s estimated net worth jumped $4.2 billion Wednesday, reaching $117.7 billion as the 11th wealthiest person in the world. Thiel’s estimated net worth increased $216 million to $20.9 billion Wednesday while Fink’s bumped up to $1.2 billion. How Did The Broader Stock Market Perform Wednesday? The three major U.S. indexes had mixed performances Wednesday. The S&P 500, which spiked 3.3% and closed as its highest level since March on Monday, closed up just six points on Wednesday. The Dow Jones fell a fraction of a percent Wednesday after also spiking just two days earlier. The Nasdaq proved to be an exception, surging 136 points (.72%) Wednesday after significant gains on Monday and Tuesday. The tech-aligned index is now up 7.9% in the last five days of trading. This is a developing story. Check back for updates. Source: https://www.forbes.com/sites/antoniopequenoiv/2025/05/14/boeing-tesla-nvidia-and-other-stocks-surge-amid-us-saudi-dealmaking-spree/

You may also like

From Cash to Cryptocurrency: Moving Towards a Unified Regulatory Path for Illegal Payments

By establishing a framework based on the principle of "general law" and broadly defining the function of "payment tools," future innovations can be automatically included in the regulatory perspective, thereby breaking the passive cycle of "innovation-regulation-re-innovation-re-regulation" and guid...

Who will own the most Bitcoin in 2026

In this article, we will examine some individuals, companies, and wallets that have become crypto whales based on on-chain data and their own public statements, and investigate the amount of Bitcoin they hold.

A private feud lasting 10 years, if not for OpenAI's "hypocrisy," would not have led to the world's strongest AI company, Anthropic

What shapes the global AI landscape is not only the competition of technological routes but also a personal trauma that has never healed.

"Crypto Tsar" steps down: 130 days of political performance come to an end, how much of Trump's crypto promise remains?

The encryption czar has left, and Trump has muted.

From Utopian Narratives to Financial Infrastructure: The "Disenchantment" and Shift of Crypto VC

Financial infrastructure is the real reason that attracts venture capital investment in the cryptocurrency field.

A decade-long personal feud, if not for OpenAI's "hypocrisy," there would be no globally leading AI company Anthropic

Shaping the global AI landscape is not just a battle of technical paths, but also a wound of private trauma that has never healed

Popular coins

Latest Crypto News

Read more