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ADX:IHC.AD News 25 January 2026

International Holding Company PJSC stock price holds near 400 dirhams after Davos tie-ups — what to watch next

International Holding Company PJSC stock price holds near 400 dirhams after Davos tie-ups — what to watch next

Dubai, Jan 25, 2026, 23:10 GST — Market closed International Holding Company PJSC (IHC.AD) shares edged up 0.03% to 399.6 UAE dirhams, hovering just below the 400 level following two announcements at Davos. The firm’s market cap was around 876.5 billion dirhams. According to TradingView, its trailing price-to-earnings ratio sits at 57.7. (TradingView) The Abu Dhabi Securities Exchange remains closed…

Stock Market Today

  • David Tepper Sells Oracle, Micron, Intel; Buys AI Chip Stock with 31,000% IPO Gain
    January 25, 2026, 5:56 PM EST. Billionaire investor David Tepper has sold stakes in tech giants Oracle, Micron Technology, and Intel amid soaring share prices driven by the artificial intelligence (AI) trend. Tepper, known for his contrarian, value-focused approach, realized profits especially from Intel after a U.S. government stake uplifted its stock. He also exited Oracle following a surge fueled by a $300 billion OpenAI contract. With these gains, Tepper shifted capital into a lesser-known AI chip supplier whose stock, while up 31,000% since its 1990s IPO, has traded flat recently. This move signals Tepper's bet on a potential AI turnaround and expansion across chip technologies. The redeployment reflects Tepper's strategic rotation from established winners to a contrarian, future-facing play.
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