Middle East Stock Market | On Thursday (December 12th), the all-share index of Saudi Stock Exchange closed down 0.41% to 12,099.33 points, up 1.40% this week. ARAMCO.AB closed down 0.35% to 28.45 Saudi riyals, up 1.79% this week. Albilad Southern Dongying MSCI Hong Kong China ETF listed in Saudi Arabia closed up 1.03% to 9.78 Saudi riyals, up 3.82% this week.ServiceTitan(TTAN), a software provider, opened its US IPO at $101.00 on the first day, compared with the previous IPO price of $71.00 per share.Google: The first device equipped with Android XR is made by Samsung and will be available next year.
The Danish central bank lowered its benchmark interest rate from 2.85% to 2.6%.Google: The first device equipped with Android XR is made by Samsung and will be available next year.Spot silver fell 3.00% in the day and is now reported at $30.94 per ounce.
Intel executives: We need a better return on investment.Germany's natural gas power generation reached its highest level since December 2022.The financial technology companies supported by Wal-Mart are valued at $2.5 billion. The traditional banking industry is under threat. Wal-Mart is injecting more funds into its newly-started financial start-ups, obtaining a valuation of $2.5 billion for this company, and indicating its ambition to further set foot in the financial services industry. According to informed sources, the world's largest retailer is jointly leading the financing of more than 300 million US dollars with investment company Ribbit Capital. This marks a new valuation for the company named One, in which Wal-Mart holds a majority stake. Wal-Mart has been providing products to many customers and employees in order to gain a greater foothold in the field of financial services. For the financial industry, the threat of Wal-Mart and other companies encroaching on its territory is getting closer and closer. Just last year, JPMorgan Chase CEO Jamie Dimon mentioned the competitive threat of Wal-Mart and other enterprises, pointing out that its hundreds of millions of customers and huge resources at its disposal were "extraordinary competitive advantages".
Strategy guide 12-14
Strategy guide 12-14
Strategy guide
12-14
Strategy guide 12-14