trillion – 9xm News

Saudi Arabia plans major mining bidding rounds to unlock $2.5 trillion in minerals | World News

Saudi Arabia plans major mining bidding rounds in 2026-2027 to tap $2.5 trillion in minerals/Representative Image Saudi Arabia is preparing to expand its mining sector with large-scale exploration opportunities through competitive bidding rounds in 2026 and 2027. The Kingdom aims to develop its untapped mineral wealth, valued at around $2.5 trillion, and position itself as […]

UAE aims to produce 60 trillion AI tokens: What are AI tokens and why they matter | World News

UAE’s Stargate AI Campus set to produce 60 trillion tokens, turning data into global intelligence/Representative Image The United Arab Emirates is aiming to redefine the global AI landscape by planning to produce a staggering 60 trillion AI tokens at its Stargate AI campus in Abu Dhabi. Omar Al Olama, the UAE’s Minister of State for […]

‘I have been given nothing’: Elon Musk slams Democrat senator questioning his $1 trillion package; ‘You are…’

Elon Musk slammed a Democrat senator for questioning his $1 trillion package. Elon Musk shut down Democrat Senator Roland Gutierrez who attempted to guilt-trip Musk about getting a $1 trillion package “on the backs of American taxpayers” while people are struggling to pay for groceries. Musk called Roland a ‘taker’ with a ‘zero-sum mindset’ and […]

Tesla Shareholders Approve $1 Trillion Stock Award for Elon Musk | Udaipur Kiran

Washington, November 7 (Udaipur Kiran). Tesla shareholders on Thursday approved a plan to grant CEO Elon Musk shares worth nearly one trillion dollars. With this decision, Musk could soon become the world’s first trillionaire. At a meeting held at Tesla’s headquarters in Austin, Texas, shareholders agreed that if the company achieves its ambitious financial and […]

Commercial Bank Assets in GCC reach $3.53 trillion amid strong growth in deposits and loans: GCC-Stat | World News

Commercial banks in the GCC reached $3.5 trillion in assets, supported by a 9.6% increase in total deposits/ Image: WAM Commercial banks in Gulf Cooperation Council (GCC) countries closed 2024 with notable gains across all financial indicators. Backed by robust deposits, rising loan volumes, and sustained capital adequacy, the sector’s total assets reached $3.5 trillion. […]

Tesla’s $1 trillion package for Elon Musk could make him the world’s first trillionaire | World News

Elon Musk could potentially become the world’s first trillionaire under a newly proposed Tesla pay plan, which ties his compensation entirely to ambitious long-term performance milestones. The package, if fully realized, could be worth up to $1 trillion over the next decade, contingent on Tesla achieving unprecedented targets in market capitalization, vehicle deliveries, and robotics […]

Crypto surges: Cryptocurrency mcap reaches record high at $4 trillion; What’s driving the rally?

The global cryptocurrency market capitalisation touched a record $4 trillion on Friday, positioning the sector as a major investment option from a fringe class, as per the Coingecko data, cited by Reuters.This fresh milestone comes amid renewed investor optimism, increased institutional inflows, and clearer regulatory signals from major economies. Notably, the US House of Representatives […]

US Congressional Budget Office’s warning: Trump’s big bill could raise national debt by $2.4 trillion; 10.9 million to lose health insurance

The independent US Congressional Budget Office (CBO) announced on Wednesday that the comprehensive Republican legislation for tax reductions and federal programme cuts would potentially increase the national debt by $2.4 trillion in the next ten years. This analysis, reported by the New York Times, raised concerns about excessive government borrowing under President Donald Trump‘s domestic […]

Trump’s $5 trillion tax gamble sparks GOP revolt, market jitters; and a rare rebuke from Elon Musk

President Donald Trump is facing mounting resistance from Republican senators, financial markets, economists, and even Elon Musk, over his multitrillion-dollar tax cut plan, which critics say could explode the national debt and rattle an already wary economy.The House recently passed Trump’s proposed tax and spending cuts, but analysts say they would add over $5 trillion […]

Elon Musk’s $2 trillion DOGE savings pledge for Donald Trump goes up in smoke: Report

Elon Musk’s Department of Government Efficiency (DOGE) has fallen far short of the massive savings it promised, according to a report by the Financial Times. Despite claims on its official website that it slashed $170 billion in government spending, new analysis says only a fraction of that amount can be verified. Musk had vowed to […]