UBER

The bulls dance on the sands of Saudi Arabia

A flurry of announcements coming directly from Trump's visit to Riyadh.

By the SpyStocks desk · 1y ago · 2 min read

The bulls dance on the sands of Saudi Arabia

A flurry of announcements coming directly from Trump's visit to Riyadh

A display of business, technology, and a shared economic vision.

What's on the news menu?

An investment cocktail of dreams

Here are some of the plans announced

Uber ($UBER) reveals: This year you will already see an autonomous vehicle crossing the Saudi desert.

Saudi Arabia orders 30 Boeing 737 aircraft – $BA.

Nvidia ($NVDA) sends 18,000 advanced chips, and announces future AI factories in partnership with HUMAIN – cyber on camels.

Google, Oracle, Salesforce, DataVolt, AMD, and Uber – commit to investing $80 billion!

GE Vernova ($GEV) signs a gas and electricity deal worth $14.2 billion.

American companies like Jacobs, Aecom, Parsons, and Hill – will build major projects.

Advanced discussions on the acquisition of F-35 jets and the signing of a security agreement worth nearly $142 billion – $LMT.

  • Elon Musk presents to the prince and the president: Tesla's ($TSLA) robots on stage.
  • Aims to bring robotaxis to the desert as well.

The Crown Prince: "There is potential here for $600 billion in investments, and even more."

And for us? All that's left is to hold on tight.

The market, meanwhile, likes what it sees – a combination of security, innovation, artificial intelligence, and infrastructure driving the indices forward.

Trump being Trump - a shrewd businessman, and now he is working for the United States - for Wall Street.

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