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المشهد العربي
Expansion of Wall Street convertible bonds
Convertible bond issuances on Wall Street reached unprecedented levels since the beginning of the year, with American companies raising approximately $131 billion by the end of August, including $25 billion just in August. This surge is attributed to the growing need for companies to finance the development of artificial intelligence technologies. A Goldman Sachs analysis stated that about 44% of these sales came from companies operating in the artificial intelligence sector.
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