OPEN APP
Home / Companies / News /  Saudi fund spends oil windfalls on $7.5bn in US stocks from Amazon to Microsoft

DUBAI : Saudi Arabia’s sovereign-wealth fund has invested $7.5 billion in blue-chip American companies from Amazon.com Inc. to JPMorgan Chase & Co., as the kingdom deploys windfall revenue from high oil prices to diversify its investments.

Post your comment

Recommended For You

Trending Stocks

×
Get alerts on WhatsApp
Set Preferences My ReadsWatchlistFeedbackRedeem a Gift CardLogout