BofA Analyst Issues Overbought Warning for US Stocks and Cryptos

Bank of America analyst Michael Hartnett pointed out that following a strong rally in U.S. stocks and cryptocurrencies, these asset classes have become overvalued...

Summary Insights on the Markets

Forex -

China's Policy Shift Boosts Stocks Exposed to the Country

On Monday, U.S. stocks with significant ties to China experienced a remarkable rally across a broad range of sectors, from materials to consumer sectors and Chine...

Competition Authority Fines Abko Internal and External Trade 2.05 Million TL

The Competition Authority has imposed an administrative fine of 2.05 million TL on Abko Internal and External Trade.

The decision stated: "An administrative fin...

Central Bank Governor Karahan: The Disinflation Process is Ongoing

Forex - The President of the Central Bank of the Republic of Turkey (CBRT), Fatih Karahan, stated that the disinflation process is ongoing.

Karahan gave a prese...

Treasury Set to Auction One Bond and Two Notes Next Week

The Treasury will hold an auction next week for one bill and two bonds. On Monday, December 9, a bond with a maturity of 4 years (1,456 days), due on June 6, 2028...

Newell Rubbermaid Shares Surge on Buy Rating

On Monday, Newell Rubbermaid (NASDAQ:NWL) shares rose by over 10% following an upgrade from Truist Securities. The firm changed its stance on the company's stock ...

WEEKLY OUTLOOK - Markets to Focus on Data and Interest Rate Decisions

Forex - Markets will focus on data and interest rate decisions from global central banks in the new week.
Domestically, important data will include the balance ...

US Consumers Anticipate Rising Inflation, Yet Financial Outlook Improves

In a recent survey conducted by the New York Federal Reserve, U.S. consumers indicated that they expect higher inflation rates in the future. Inflation expectatio...

Google Claims Breakthrough in Quantum Computing with New Chip

On Monday, Google announced a significant advancement in quantum computing technology. The company's latest quantum chip, named Willow, solved a mathematical prob...

Disney Unveils Cost-Cutting and Revenue Strategies for Growth

According to reports, Disney officials highlighted the importance of ongoing cost-cutting efforts as part of their financial strategies.

The company indicated th...

BoC Expected to Cut Overnight Rate by 50 Basis Points This Week: Macquarie

The Bank of Canada (BoC) is expected to lower the Overnight interest rate by 50 basis points (bp) to potentially 3.25% at its policy meeting this week. This antic...

Sanjay Malhotra Appointed as the New Governor of RBI

The Government of India has appointed Sanjay Malhotra as the new chairman of the Reserve Bank of India (RBI).

The announcement made on Monday ended the period o...

T-Mobile Stock Plummets 6.2% Following Remarks at UBS Conference

T-Mobile shares experienced a significant intraday decline, falling by up to 6.2%, marking the largest drop since June 2023. This sharp decline occurred during th...

Zeta Shares Drop 11% Following Omnicom's Agreement to Acquire IPG

On Monday, the stock value of AI-powered marketing cloud company Zeta Global (NYSE: ZETA) dropped by 11% following the announcement that Omnicom (NYSE: OMC) would...

Newmont Restructures, Reduces Management Roles

Newmont Corp., a leading gold mining company, has embarked on a significant restructuring process that involves the layoffs of an executive and approximately a do...

Recent Developments in the Altcoin Market: SOL, XRP, 1INCH, and ADA

The cryptocurrency markets have continued to experience volatility in recent days. Altcoins such as Solana, XRP, 1inch, and Cardano are drawing attention due to v...

After-Hours Movers: Oracle, MongoDB, C3 AI, Lilly, and More

Post-Session Stock Movements:
Oracle (NYSE:ORCL) fell by 6% after its second-quarter results came in below both revenue and profit forecasts. The second-quarter...

Tether CEO Paolo Ardoino Shares Insights on Recent Investments

Tether CEO Paolo Ardoino has revealed the company's latest investments across various sectors, ranging from traditional finance (TradFi) to commodity trading paym...

Eli Lilly Announces $15 Billion Buyback and Dividend Increase

INDIANAPOLIS - Global pharmaceutical company Eli Lilly (NYSE: LLY) announced a significant expansion of its shareholder return program. The board approved a new $...

Bülbüllüoğlu Crane Signs $5.2 Million Contract

Foreks - Bülbüllüoğlu Crane has signed a contract worth 5.2 million dollars.

In a statement made to KAP, it was noted, "Our company has signed a contract worth ...