Topline
Boeing’s stock reached its highest point in the past year Wednesday after Qatari Airways announced a deal to buy 210 jets from the American aircraft company, the latest in a string of massive deals American companies have struck in the Middle East this week amid President Donald Trump’s four-day visit to the region.
Boeing is one of several American companies making deals in the Middle East this week. (Photo by: ... More
Boeing shares were up nearly 1% as of 2:30 p.m. EDT, reaching their highest point since last February.
Shares of the aircraft manufacturer are up 19.3% since the start of 2024, when Boeing’s stock traded at $171.87.
Nvidia, which struck a deal to sell 18,000 AI chips to the new Saudi-backed AI company Humain, is up around 3.5% on Wednesday at $134.76, reaching its highest point since February.
Palantir, which is one of several American firms that attended the U.S.-Saudi Investment Forum this week, reached an all-time high of $129.91 as of 2:30 p.m. EDT.
Elon Musk attended the investment forum and has benefited with a 4% surge in Tesla stock Wednesday, though the electric vehicle maker’s stock is down 8% since the start of the year.
This is a developing story. Check back for updates.