As hopes for a U.S.-Iran peace deal buoy investor sentiment, most Gulf markets have seen gains, with Dubai’s main share index advancing by 1.1% and Abu Dhabi’s rising by 0.5%. In this context of improving market conditions and easing geopolitical tensions, identifying promising stocks in the Middle East becomes crucial for investors looking to capitalize on these developments.

SK Hynix joins the $1 trillion club as memory chip stocks rally.

Last quarter’s changes were subtle, but telling all the same. Don’t be surprised to see less subtle changes going forward.

SK Hynix crosses $1 trillion market cap on AI boom

Record Q1 revenue and a $1.1 billion backlog gave Intuitive Machines a strong operating backdrop, but NASA’s rover awards to Lunar Outpost and Astrolab shifted attention to backlog conversion and the next round of lunar infrastructure work.

Asian stocks were set to edge higher Wednesday in a sign traders are clinging to expectations the US and Iran will sign a peace deal even as military strikes in the Persian Gulf persisted.