Palantir's stock is seeing a boost from reports that the U.S. and Saudi Arabian governments have reached a new deal that could create significant new business opportunities in the Middle East for the artificial intelligence (AI)-fueled data analytics company.

The firm, which produces content for TikTok, recorded no revenue last year, but it announced this week that a mysterious stock sale would allow it to invest heavily in the $TRUMP memecoin.

Nvidia’s shares soared amid billions of dollars in artificial intelligence investment deals made between US President Donald Trump and Saudi Arabia’s Crown Prince Mohammed bin Salman, as the Trump administration deepens ties with the wealthy Middle Eastern nation.

Wall Street on Thursday rose after President Donald Trump exhorted traders to "go out and buy stock now" following the announcement of a trade deal between the U.S. and the United Kingdom - the first of its kind since Trump's imposition of sweeping reciprocal tariffs in April.

European governments are examining whether U.S. President Donald Trump can force them to pay more for prescription medicines, after he issued an executive order to lower U.S. drug prices, roiling the global pharmaceutical industry.

"That will work now," Sen. Thom Tillis said of Trump blaming Biden for the stock market. "It won't work six months from now."

President Trump on Wednesday blamed turbulence in the stock market on his predecessor despite it being sparked in the wake of his widespread tariff policy earlier this month. Trump insisted the stock market tumbles were not the result of his tariff policy ...

President Donald Trump’s tariff policies are projected to cut California’s tax revenue by $16 billion in the next fiscal year, Governor Gavin Newsom’s finance department said in a memo. The 4% drop in revenue from a previous estimate is largely due to a stock market downturn last month after the president announced his sweeping tariff campaign on April 2,