Strong Labor Force Data in Australia Supports Rate Cut Expectations for February

Forex - Australia's labor market continues to challenge a weak economy; the unemployment rate sharply fell in November as strong employment growth persisted. Acco...

Yellen: US Will Respond Strongly to Any Currency Manipulation

Forex - U.S. Treasury Secretary Janet Yellen stated in a statement on Wednesday that the U.S. would "strongly respond" when countries attempt to manipulate their ...

Strong Labor Data in Australia Strengthens Interest Rate Cut Expectations for February

Forex - Australia's labor market continues to challenge a weak economy; unemployment sharply fell in November as strong employment growth persisted. According to ...

ECB Raises Core Capital Requirement for UniCredit for 2025

Forex - Italy's second-largest bank, UniCredit, announced that the European Central Bank (ECB) has increased the core capital requirement for 2025. The ECB raised...

"Cementas Receives Positive Environmental Impact Assessment for Limestone Quarry Project"

Foreks - Çimentaş has received a "Positive EIA" decision regarding its limestone quarry project.

In a statement released on the website of the General Directora...

TANKER REPORT - Bosphorus Strait Closed to Transit Due to Fog

Forex - The Bosphorus has been closed to transit passages due to reduced visibility caused by fog. According to information received, fog started to develop aroun...

TANKER REPORT - The Dardanelles Strait Closed to Transit Due to Fog

Due to reduced visibility caused by fog, the Dardanelles Strait has been closed to transit passages. According to information received, fog appeared around the Da...

U.S. Budget Deficit Jumps 64% in First Two Months

According to Treasury Department data, the U.S. budget deficit increased in November and showed a much faster pace compared to a year earlier for the fiscal year ...

Analysts Raise Netflix Stock Price Targets

Analysts are revising their price targets upward for Netflix stock ahead of the release of Squid Game 2. JP Morgan has raised its price target for Netflix from $8...

HSBC and IFC Launch $1 Billion Trade Finance Program for Emerging Markets

Forex - The International Finance Corporation (IFC), affiliated with HSBC and the World Bank, will jointly finance commercial transactions of up to $1 billion to ...

Nasdaq Composite Index Surpasses 20,000 Points for the First Time

Forex - Alphabet (NASDAQ: GOOGL) and Tesla climbed to new highs on Wednesday, joining Amazon (NASDAQ: AMZN) and Meta, and pushed the Nasdaq above 20,000 points fo...

SpaceX's Valuation Soars to $350 Billion

Foreks - CNBC has confirmed that Elon Musk's SpaceX has reached a valuation of $350 billion based on a secondary stock sale. According to offer copies obtained by...

Google Unveils Gemini 2: The Next Generation of Its Flagship AI Model

Forex - Google (NASDAQ:GOOGL) announced yesterday the launch of Gemini 2, a new version of its flagship AI model trained to schedule and execute tasks on users' c...

Tesla Shares Soar 6%, Closing at Record High

On Wall Street, Tesla shares closed at a record level, surpassing the peak reached in 2021, following Donald Trump's election victory on November 5. Tesla shares ...

Chewy's Largest Shareholder to Sell $500 Million in Stock

Shares of Chewy Inc. (NYSE: CHWY), an online retailer of pet products, fell by 4.7% following the announcement of a significant public equity offering by its larg...

Adobe's Earnings Beat Expectations at $0.14, Profit Surges Higher Than Anticipated

According to the report by Adobe (NASDAQ: ADBE), the fourth-quarter earnings per share reached $4.81, surpassing analysts' expectations of $4.67 by $0.14. The rep...

This Pharmaceutical Stock Could Easily Deliver a 20% Gain Next Year, According to Jefferies

Investing.com -- This pharmaceutical company stock could see gains of 20% in 2025 with the anticipated launch of a long-acting HIV prevention treatment, analysts ...

Interactive Brokers Founder Advocates for Limited Bitcoin Investments

Thomas Peterffy, the billionaire founder of Interactive Brokers Group Inc., has advised investors to allocate a small portion of their net worth to Bitcoin, while...

Gary Black Predicts Tesla Will Rise to $478

On Wednesday, Gary Black, Managing Partner at The Future Fund LLC, set a target price of $478 for Tesla shares, presenting an optimistic outlook. The electric veh...

Santa Trump to Ring the NYSE Opening Bell Tomorrow

According to reports, President-elect Donald Trump will ring the opening bell at the New York Stock Exchange (NYSE) this Thursday. This event stands out as a mome...

Elon Musk Becomes the First Person to Reach a Net Worth of $400 Billion

Elon Musk, CEO of Tesla (NASDAQ: TSLA) and SpaceX, has become the first person to reach a net worth of over $400 billion. This achievement was largely driven by a...