July 24, 2026
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Tag : Alphabet

Business

Developing Asia FDI reaches $644 billion in 2025

omandailynews.com
GENEVA / RankWire.AI / – Developing Asia attracted $644 billion in foreign direct investment in 2025, up from $623 billion a year earlier, United Nations Trade and Development said in its World Investment Report 2026. The gain kept the region as the largest FDI recipient among developing regions. The increase......
Technology

Meta Platforms enjoys stock surge after smashing Q1 earnings expectations

omandailynews.com
Meta Platforms (META) stock experienced a 14% surge on Thursday after the company’s Q1 results, released late Wednesday, exceeded expectations. The company also raised its forecast for the current quarter while lowering its expense outlook. Trading at $239, shares of the Facebook and Instagram parent company reached their highest levels......
Business

Amazon Web Services awarded $700 million contract by U.S. Navy

omandailynews.com
Amazon Inc’s cloud computing division was awarded a $723.9 million enterprise software license contract by the United States Navy. With the deal, the Navy will be able to access Amazon Web Services’ (AWS) commercial cloud environment, Professional Services, and training and certification courses. As part of the Joint Warfighting Cloud......
Business

Saudi wealth fund PIF purchases Alphabet, Zoom, and Microsoft shares

omandailynews.com
A broad selection of US stocks was purchased by Saudi Arabia’s Public Investment Fund (PIF), bringing its investment portfolio’s value to about $40.8 billion at the end of the second quarter. According to a US Securities and Exchange Commission filing, the PIF acquired 213,000 class A shares in Alphabet, 4.7......