News
Latest ETF news, market updates, and industry developments.
Saudi Asset Management Industry Surpasses $320 Billion
Net foreign investment in the Saudi market reached SR225.2 billion
OpenAI’s IPO Filing Signals a New Era for AI Investing
OpenAI has filed confidentially for a U.S. IPO targeting a September 2026 listing at a $852 billion to over $1 trillion valuation, marking a landmark moment for public market investors seeking direct access to frontier AI developers.
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VOO Becomes the First ETF to Surpass $1 Trillion in Assets
The Vanguard S&P 500 ETF (VOO) has officially surpassed $1 trillion in assets under management, becoming the first ETF in history to reach this milestone. The achievement underscores the growing dominance of low-cost passive investing and the increasing preference for ETFs among global investors.
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Anthropic Files for What Could Be a Record-Breaking AI IPO
Anthropic has confidentially filed for an IPO with the SEC, valued at $965 billion after closing a $65 billion Series H funding round. The AI company, which has scaled to $47 billion in annualized revenue, is expected to go public in 2026.
Four Q4 2025 Tadawul IPOs cleared for FTSE global equity index inclusion in June review
FTSE Russell's June 2026 review adds four Saudi listings from late-2025 Tadawul IPOs to the Global Equity Index Micro Cap segment.
AI IPO Frenzy Continues as OpenAI IPO Filing Nears
OpenAI is reportedly preparing to confidentially file for an IPO as soon as this week with Goldman Sachs and Morgan Stanley, potentially setting up one of the largest tech listings in history. The AI company could be valued near $1 trillion, reshaping investor exposure to generative AI.
10 surprising things about the SpaceX IPO
SpaceX's S-1 filing reveals AI now accounts for 17% of revenue and is burning more cash than all other business segments combined, including a massive $15 billion annualized contract with Anthropic and plans to launch 100 gigawatts of orbital compute yearly.
SpaceX files for long-awaited IPO: a company with no comparables
SpaceX has filed for its proposed SPCX IPO on Nasdaq, integrating its Starlink connectivity business, AI infrastructure from xAI, and space operations into a single entity. The 2025 financials show $18.7 billion in revenue with Starlink generating 61% of sales.
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CFI Launches DFM Stock Trading as UAE Retail Investing Expands
CFI Financial Group has launched trading access to over 40 Dubai Financial Market-listed companies, marking a significant expansion of retail investing infrastructure in the UAE.
ADX and Bloomberg Deepen Partnership as Abu Dhabi Expands Global Market Access
Abu Dhabi Securities Exchange (ADX) and Bloomberg have expanded their partnership, making ADX derivatives market data available directly through Bloomberg Terminal. This integration significantly increases visibility and accessibility of Abu Dhabi's derivatives products for global institutional inve
SpaceX Accelerates IPO to June 12th. Investors Can Participate through AGIX ETF on ADX
SpaceX is accelerating its Nasdaq IPO to June 12, targeting a $1.75 trillion valuation and raising up to $75 billion. Middle East retail investors can access SpaceX exposure through the AGIX ETF listed on Abu Dhabi Securities Exchange.
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Trump and Xi meet in an increasingly complex world. Will markets welcome it?
Trump and Xi's meeting amid escalating Iran tensions could shift market dynamics. Chinese tech stocks surged 5% on Wednesday on hopes of trade concessions and reduced U.S.-China friction.
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