Argaam Weekend | Ahead of Everyone

Ahead of Everyone

18^thApril 2026

● After-Close Returns on TASI: A Five-Year Empirical Analysis
● Cerebras and G42: A Critical Reading of the Financial Statements

● Blackstone’s bet: $250 billion on a company with no track record in the UAE

Topics of the Week

After-Close Returns on TASI: A Five-Year Empirical Analysis

A systematic review of TASI index data over recent years has surfaced a striking pattern, one that Argaam Intelligence believes warrants close analytical attention: the majority of cumulative returns do not accrue during official trading hours, but in the after-close period — between market close and the following session's open.

Cerebras and G42: A Critical Reading of the Financial Statements

Cerebras, a company looking to open itself up to public investment, reported a significant 220% growth in revenue from FY2022 to FY2023 (made public when the firm filed an S-1 in 2024).
Looking more closely into the S-1 reveals that 83% of total revenue in 2023 came from just one customer, G-42.

Blackstone’s bet: $250 billion on a company with no track record in the UAE

Blackstone's recent bet on digital gaming technology offers a live case study in exactly this shift. In March 2026, Blackstone — one of the world's largest private equity firms — committed $250 million to a newly created company called Advanced Digital Gaming Technology, or ADGT.