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Aramco IPO expected to lean on Saudi investors and China

Video Credit: Al Jazeera STUDIO - Duration: 03:06s - Published
Aramco IPO expected to lean on Saudi investors and China

Aramco IPO expected to lean on Saudi investors and China

As Saudi Arabia gears up to sell shares in its national oil company - questions remain about how much it is really worth.


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Saudi Aramco Saudi Aramco Saudi Arabian petroleum and natural gas company

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Apple Hits $2-Trillion Market Cap [Video]

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Apple just became the first US-listed company to reach a $2 trillion market capitalization. Apple shares rose 1.2% to an all-time high of $467.84 per share on Wednesday to reach the $2-trillion milestone. Oil giant Saudi Aramco is the only other publicly listed company to ever hit a $2 trillion market value. Apple recently announced its fifth stock split in an effort to appeal to a broader base of investors. Business Insider reports Apple is set to enact a 4-for-1 split of its shares next Monday.

Credit: Wochit News    Duration: 00:28Published
Apple Is The World's Most Valuable Company [Video]

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On Thursday, Apple released a blockbuster earnings report. On Friday, Apple shares surged as much as 7%. Apple's market capitalization briefly overtook Saudi Aramco's on Friday, dethroning the oil giant as the most valuable company in the world. Apple's market value at $1.762 trillion. Apple's recent tear has sent shares up roughly 39% year-to-date. The company also on Thursday announced a 4-1 stock split, which it said would help it appeal to a broader range of investors.

Credit: Wochit News    Duration: 00:34Published

Saudi Arabia Saudi Arabia Country in Southwestern Asia

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Meet the women running a Saudi Arabian factory [Video]

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A factory packaging dates in Saudi is now fully run by women, who manage, market, package, drive forklifts and deliver the prized commodity to their local communities.

Credit: Reuters Studio    Duration: 01:05Published

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