Such a move would provide liquidity in dollars to the oil-rich UAE, but could be politically tenuous for the administration amid higher prices at home.
Artificial intelligence startup Cursor in talks to raise a $2 billion fundraising round at an over $50 billion valuation, which does not include the investment.
In a 2026 market that had Microsoft down close to 20%, looking for opportunities to buy after big drawdowns is coming to more tech and software stocks.