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TADAWUL:7010.SR 1 March 2026

Saudi stocks week ahead: Tadawul braces for Iran fallout, Hormuz risk and OPEC+ decision

Saudi stocks week ahead: Tadawul braces for Iran fallout, Hormuz risk and OPEC+ decision

Riyadh, March 1, 2026, 09:35 GMT+3 — Premarket. Saudi shares open the week under renewed pressure, rattled by U.S. and Israeli attacks on Iran. Analysts are watching for any sign of de-escalation, but warn oil prices could jump fast if the conflict hits supplies. “Unless de-escalation signals emerge swiftly, we expect a significant upward repricing of oil at the start of the week,” said Jorge Leon, senior vice president and head of geopolitical analysis at Rystad Energy.

Stock Market Today

  • Bending Spoons (AOL) Jumps 41% After $1.7B Nasdaq IPO
    July 1, 2026, 3:50 PM EDT. Bending Spoons, which owns AOL plus holdings like Eventbrite and Vimeo, raised $1.7 billion in a Nasdaq IPO Wednesday. The tech investor, based in Italy, priced 58 million shares at $29. It drew in $1 billion for the company and the rest went to selling shareholders. The stock jumped 41% at the open, pushing Bending Spoons' value to $25.5 billion. Started in 2013, the firm buys up troubled tech names and uses AI to revive them. Bending Spoons posted $601 million revenue in Q1 2026 and $27.5 million net, with $4.4 billion in debt. The new cash is marked for more deals as the IPO window reopens after SpaceX's listing.
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