### Summary
The Tadawul All Share Index in Saudi Arabia rose by 0.44 percent, while the Nomu market increased by 1.77 percent. Several stocks showed gains, including Saudi Paper Manufacturing Co., Bahri, and Takween Advanced Industries Co.
### Facts
- Tadawul All Share Index rose by 0.44 percent, closing at 11,501.42.
- Nomu market increased by 1.77 percent, finishing at 23,613.52.
- MSCI Index climbed by 0.86 percent, reaching 1,494.33.
- Trade on the benchmark index totaled SR3.7 billion ($0.99 billion).
- 105 stocks showed gains, while 111 experienced declines.
- Nomu registered a traded value of SR32.6 million.
- Saudi Paper Manufacturing Co. saw a 7.08 percent increase in share price.
- Development Works Food Co. faced a 9.89 percent drop in share price.
- Sumou Real Estate Co. achieved a 10.73 percent gain on Nomu.
- Bena Steel Industries Co. recorded a 7.95 percent loss on Nomu.
Shares of NVIDIA Corp. fell 2.77% as the stock market experienced a poor trading session, with the S&P 500 Index dropping 0.28% and the Dow Jones Industrial Average falling 0.51%.
U.S. stocks rose sharply as investors anticipated strong quarterly results from Nvidia and looked ahead to the Jackson Hole conference, with tech stocks expected to rally further.
Shares of Netflix Inc. rose 0.49% as the stock market had a positive trading session, although it underperformed compared to some of its competitors.
The Dow Jones Industrial Average rose 0.6% after weak economic data suggested a decline in the job market and consumer confidence, while the Nasdaq led with a 1.6% gain.
Shares of Prudential Financial Inc. rose 0.82% to $94.43, as the stock market had a positive trading session, with the S&P 500 and Dow Jones Industrial Average also rising.
TechnipFMC PLC's stock rose 1.24% on a favorable trading day, marking its third consecutive day of gains.
Shares of Clorox Co. rose 0.98% as the stock market had a favorable trading session, with the S&P 500 and Dow Jones Industrial Average also experiencing gains.
Shares of VF Corp. rose 1.09% on a favorable trading session, but closed $25.37 below its 52-week high, underperforming compared to its competitors.
Shares of Netflix Inc. dropped 0.08% to $442.80, marking the stock's third consecutive day of losses, while the S&P 500 and Dow Jones Industrial Average experienced gains in a positive trading session.
The stock market opened positively, with the Nasdaq up 0.6%, but later faded; major indexes are below their 50-day moving averages as investors await key economic data midweek.
Analysts believe that Microsoft stock will continue to rise due to several catalysts, including the artificial-intelligence trend.
Shares of Alphabet Inc. Cl A rose 1.01% to $136.71 on a mixed trading session, closing $1.29 below its 52-week high, while underperforming compared to competitors like Microsoft, Amazon, and Meta Platforms.
Stocks climb as investors digest positive retail sales and producer prices data, with the Dow Jones Industrial Average up 0.7% and the S&P 500 and Nasdaq Composite both up 0.7% and 0.8% respectively.
Stocks surged as the Dow Jones Industrial Average rose, driven by strong performances from Goldman Sachs, Caterpillar, and Arm, while the tech-heavy Nasdaq and the S&P 500 also saw gains; strong consumer data and positive economic indicators contributed to the market's optimism.
Shares of Microsoft Corp. fell 2.50% as the stock market experienced a dismal trading session, ending its two-day winning streak.
Microsoft's shares have outperformed Apple's as investors see better growth prospects and less China risk, making some analysts believe that Microsoft may overtake Apple as the world's highest-valued company.
Berkshire Hathaway CEO Warren Buffett owns a sizable stake in Microsoft through a secret portfolio, and several factors suggest that investing in Microsoft stock now could be a good choice, including its broad customer base, rock-solid balance sheet, growing dividend, and its positioning in the artificial intelligence market.
AMD's shares rose 5% after Microsoft's chief technology officer praised the chipmaker's progress in artificial intelligence, sparking competition with Nvidia, which currently dominates the market.
Stocks ended the day higher as the surge in oil, the dollar, and Treasury yields slowed down, with the Nasdaq rising 0.8%, the S&P 500 gaining 0.6%, and the Dow Jones Industrial Average rising 0.4%.
Shares of Palantir Technologies Inc. rose 1.46% on a rough trading session, marking the stock's third consecutive day of gains.
Summary: Analysts believe that there is further room for gains in Microsoft's stock due to investors' enthusiasm for artificial intelligence.
The Dow Jones Industrial Average rose 0.5% and the S&P 500 gained 0.6% amid ongoing conflict in Israel and ahead of key economic data, while the Nasdaq led with a 0.7% gain, and the small-cap Russell 2000 index gained more than 1%.
Microsoft is emerging as a top contender in the AI market according to analysts, with its strong position in generative AI, cybersecurity, and cloud operations, and is considered a strong buy with an average price target of $397.19.
The Dow Jones Industrial Average gained 0.4% in the final hour of trading, underperforming other major indexes due to a rally fading towards the end of the session, while long-term interest rates dropped and stock turnover increased.
Stock-market experts predict the market will gain about 6.5 percent in the next year, with the S&P 500 index climbing to an average of 4,578, despite rising rates and growing economic uncertainty.
Stock indices finished mixed, with the Dow Jones gaining 0.12% while the S&P 500 and Nasdaq 100 fell 0.5% and 1.24% respectively; UBS analysts predict a "softish" landing for the US economy and have adjusted their S&P 500 price target down to 4,500 from 4,700, citing geopolitical and domestic financial developments.
