Visa to Lay Off Approximately 1,400 Employees and Contractors by Year-End

According to reports, Visa is expected to lay off approximately 1,400 employees and contractors by the end of the year, with around 1,000 in technology positions....

Goldman Sachs Abandons December Rate Cut Expectations from BoE

Goldman Sachs expects the Bank of England (BoE) to maintain interest rates in December, revising its forecast for a 25 basis point cut following what it describes...

API Crude Oil Inventories Decline Slightly Against Expectations

Forex - The American Petroleum Institute (API) reported that crude oil inventories moved contrary to analysts' expectations and showed a limited decline. Accordin...

MARKET OUTLOOK - Projections Change Little, Rate Hikes on the Horizon

According to Stefan Angrick from Moody's Analytics, the outlook of the Bank of Japan is moderately hawkish. The economist indicated that growth and inflation fore...

AMD Stocks Drop Despite Strong AI Growth Failing to Meet Forecasts

Advanced Micro Devices (AMD (NASDAQ:AMD)) has announced its third-quarter results, achieving earnings and revenue that slightly exceeded expectations.

For the q...

Gold Prices Remain Close to Record Levels Despite Pressure from Profit-Taking Sales

Forex - Gold continues to trade near record levels ahead of the U.S. elections, boosted by increased safe-haven demand and data that could influence the Federal R...

Google States Next-Generation AI Agents Won't Launch Until 2025 at the Earliest

Foreks - Google (NASDAQ: GOOGL) will not release the technology behind its extensive effort Project Astra, aimed at creating artificial intelligence applications ...

Reality Labs Reports $4.4 Billion Loss in Third Quarter

Despite successfully showcasing its Orion prototype AR glasses in September, Meta continues to lose billions of dollars each quarter as it develops the new emergi...

Goldman Sachs: Investors May Be Overstating the Risk of Market Uncertainty Amid Unclear U.S. Election Outcomes

Goldman Sachs Group stated that global investors are exaggerating the risk of financial markets being plunged into uncertainty if there is no clear winner in the ...

MicroStrategy Reports Losses in Third Quarter Again

Forex - Bitcoin hedge fund representative MicroStrategy Inc. reported a third consecutive quarterly loss after taking a impairment charge against the value of its...

Reddit Shares Surge 22% on Earnings Boost and Better-Than-Expected Forecasts

Foreks - Reddit shares surged by 22% in after-hours trading on Tuesday, crossing the $100 mark for the first time after the social media company reported third-qu...

Nagel: ECB Should Take More Cautious Steps and Avoid Acting Too Swiftly

Forex - ECB Governing Council member and Bundesbank President Joachim Nagel stated that the ECB should take more cautious steps and avoid acting too quickly.

Sp...

EU Raises Tariffs on Chinese-Made Electric Vehicles Up to 45.3%

The European Union has decided to increase tariffs on Chinese-made electric vehicles by up to 45.3% at the conclusion of its highest-profile trade investigation. ...

STOCK VALUATION - Deniz Investment Maintains Target Price of 12.8 TL and "Buy" Recommendation for AKSA Akrilik

Forex -

China's Ministry of Commerce: China Rejects EU's Electric Vehicle Tariffs

The Chinese Ministry of Commerce announced that it "does not accept" the European Union's decision to raise the customs tariff on Chinese electric vehicles to 45....

STOCK VALUATION - Ak Investment Lowers Target Price for VESBE-Vestel White from 33 TL to 31 TL, Maintains "Outperform" Recommendation

Forex -

Goldman Lowers Gold Price Forecast to $3,000 by End of 2025

Goldman Sachs has revised its gold price forecast down to $3,000 by December 2025, maintaining a bullish stance due to strong demand for physical gold from financ...

STOCK VALUATION - Deniz Investment Reduces Target Price for VESBE-Vestel Beyaz from 26.5 TL to 24 TL, Downgrades Recommendation from "Buy" to "Hold"

Forex -

STOCK ASSESSMENT - Halk Yatırım Lowers Target Price for ARCLK - Arçelik from 227.25 TL to 206.3 TL, Maintains "Buy" Recommendation

Forex -

Stock Evaluation: Deniz Investment Downgrades KORDS-Kordsa's Target Price from 128 TL to 96 TL, Changes Recommendation from "Buy" to "Hold"

Forex -

TKYB to Provide Mediation and Consulting Services for Businesses to Secure Direct Investment Funding

Foreks - Türkiye Kalkınma ve Yatırım (IS:KLNMA) Bankası (TKYB) will provide brokerage and consultancy services for businesses to obtain funding through direct inv...