OPEC+ Provisionally Agrees 188,000 bpd Output Increase for June in First Move Since UAE Exit
OPEC+ plans a symbolic 188,000 bpd output hike for June, its first move since UAE's exit, amid export limits due to regional conflict.
Fitch Affirms Abu Dhabi at 'AA' With Stable Outlook Despite War-Related Pressures
Fitch affirms Abu Dhabi's 'AA' rating with stable outlook, citing strong finances despite Iran war risks and projected 2026 economic contraction.
History Has Returned - and It Could Take Gold to $14,000
Deutsche Bank says geopolitical shifts could push gold to $14,000/oz, as central banks boost gold reserves over the dollar.
Gold and Silver Post Weekly Losses - Four Forces Behind the Pullback
Gold fell 2.02% and silver 1.6% this week, mainly due to easing geopolitical risks, higher US yields, profit-taking, and weak industrial demand.
Apple Posts $111.2 Billion March Quarter Revenue, EPS Rises 22% as Services Hit Record High
Apple's Q2 2026 revenue hit $111.2B (+17%), EPS rose 22%, with record services revenue and broad growth across all regions and products.
US Futures Edge Higher as S&P 500, Nasdaq Hit Record Highs on Earnings Strength Despite Energy Shock Risks
US futures rise as S&P 500, Nasdaq hit records on strong tech earnings, despite energy shock risks from US – Iran tensions and Strait of Hormuz closure.
Abu Dhabi Securities Exchange Hosts Region's First Initial Offering Period for a US-Based ETF
ADX hosts region's first IOP for a US-based, Shariah-compliant ETF, boosting ETF trading by 228% and attracting broad foreign investment.
Alphabet Reports 22% Revenue Growth in Q1 2026 - Google Cloud Surges 63% as AI Drives Record Results
Alphabet Q1 2026 revenue rose 22% to $109.9B. Google Cloud surged 63%. AI drove record results. Net income up 81%. Capex up 107%.
Saudi Economic Growth Slows to 2.8% in Q1 2026
Saudi GDP growth slowed to 2.8% in Q1 2026, hit by US-Iran war disruptions and UAE's OPEC exit; IMF cuts 2026 forecast to 3.1%.
Microsoft Earnings Signal AI Infrastructure Surge as Revenue Jumps 18% and AI Business Hits $37 Billion Run Rate
Microsoft's Q3 revenue rose 18% to $82.9B, driven by AI and cloud growth; AI business hit $37B run rate, up 123% year-over-year.
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