Week of
Weekly Market Digest: US Surge, Saudi Mixed
Highlights
- •Snowflake jumps 48.4% on $6B AWS AI deal
- •Saudi market stable; Kingdom Holding up 10%
- •Nvidia invests $3.8B in two AI stocks
- •Wrqti adds 2,703 stock reports, 584 daily summaries
Introduction
In the week ending May 25, 2026, US markets saw strong gains driven by earnings and AI partnerships, while the Saudi market was mixed with limited moves.
US Market
Snowflake (SNOW) led the weekly gainers with a 48.4% surge after announcing a $6 billion AI infrastructure partnership with AWS. Dell Technologies (DELL) rose 42.6% and Super Micro Computer (SMCI) gained 29.5%. On the downside, Zscaler (ZS) fell 23.4% and Boston Scientific (BSX) dropped 16.4%.
Saudi Market (TASI)
The Saudi market was little changed this week. Kingdom Holding (4280) topped gainers with a 10% rise, followed by Dar Alarkan (4300) up 7.1% and Electrical Industries (1303) up 6.7%. Losers included Petro Rabigh (2380) down 5.5% and Saudi Energy (5110) down 3.7%. Overall, the market was relatively stable.
Notable News
Notable news this week: Nvidia invested $3.8 billion in two AI stocks, China agreed to buy 200 Boeing 737s, and Wall Street warned about market concentration. Wrqti added 2,703 stock reports and 584 daily summaries this week. Explore stock pages for fresh AI-driven analysis.
Disclaimer: This information is for educational purposes only and does not constitute investment advice.
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