29/05/2025 03:03 AST

Nvidia on Wednesday reported earnings that topped market expectations, with a $4.5 billion hit from US export controls being less than the Silicon Valley chip juggernaut had feared.

Nvidia said it made a profit of $18.8 billion on revenue of $44.1 billion, causing shares to rise nearly four percent in after-market trades.


Gulfnews

Ticker Price Volume
Index Closing Change
NIKKEI 225 36,581.76 -251.51 (-0.68%)
DAX 18,699.40 181.01 (0.97%)
S&P 500 5,626.02 30.26 (0.54%)
All Trump tariffs declared 'illegal': Stock futures jump, dollar gains

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US stock futures jumped and the dollar strengthened after President Donald Trump's global tariffs were deemed illegal and blocked by the US trade court. Upbeat earnings from Nvidia Corp. also boosted

AFP

New currency in the works, says Syrian economy minister

29/05/2025

Syrian Economy Minister Mohammad Nidal Al-Shaar has said his country is working on developing a new currency but will not make any hasty decisions.

Speaking at the Arab Media Summit on Wedne

Arab News

Oil Updates - little changed as higher OPEC+ output expectations weigh on sentiment

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Oil prices were little changed on Tuesday on increasing expectations members of the Organization of Petroleum Exporting Countries and their allies, known as OPEC+, will decide to increase their outp

Reuters

Global visitor spend set to soar to $2.1trn this year

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International visitor spending will break all previous records this year, reaching an unprecedented $2.1 trillion - $164 billion more than the 2019 peak, says a World Travel & Tourism Council (WTTC)

Trade Arabia

China Says Moody's Reaffirming Ratings Reflects Its 'Positive Prospects'

27/05/2025

Moody's decision to keep China's ratings and outlook unchanged is a "positive reflection of the positive prospects of China's economy," China's finance ministry said on Monday.

The country's

Asharq Al Awsat