Trump Selects Venture Capitalist David Sacks as "AI and Crypto Czar"

Former President Trump announced that venture capitalist David Sacks will join his administration as the "artificial intelligence and crypto czar." In a statement...

Fitch Warns of Rising Inflation in the U.S. Amid Global Growth Slowdown

Fitch Ratings issued a warning in its December 2024 Global Economic Outlook (GEO) report, indicating that inflation risks in the United States have increased due ...

5 Key Auto Stocks to Buy or Avoid for 2025: BofA

BofA Securities notes that European car manufacturers will face price pressures, regulatory hurdles, and competition from Tesla (NASDAQ:TSLA) and Chinese rivals i...

After-Hours Movers: HPE, lululemon, Ulta Beauty, Docusign, and More

After Hours Stock Movements: Hewlett Packard Enterprise (NYSE:HPE) rose by 2.75% following a strong third-quarter report. The non-GAAP earnings came in at $0.58, ...

Boeing Advances in Safety and Quality Plan, FAA Takes Note

According to FAA Administrator Michael Whitaker, Boeing has made progress in its efforts to enhance safety and quality measures. Following his visit to the compan...

Chevron to Cut Spending in Permian by Up to 10% by 2025

Chevron Corp. announced that it will reduce capital expenditures in the Permian Basin, adopting a more cautious approach to production increases in the largest oi...

Lululemon Athletica Surprises with Earnings of $0.16 and Stronger-than-Expected Profit

According to Lululemon Athletica's (NASDAQ: LULU) report, earnings per share for the third quarter were $2.87, which is $0.16 better than analysts' expectations o...

Ulta Beauty Surpasses Expectations with Earnings of $0.62 and Strong Profits

According to the Ulta Beauty (NASDAQ: ULTA) report, the earnings per share for the third quarter was $5.14, surpassing analysts' expectations of $4.52 by $0.62. T...

Eli Lilly to Invest $3 Billion in Facility Expansion in Wisconsin

Eli Lilly announced on Thursday that it will make a substantial investment of $3 billion to expand a manufacturing facility it recently acquired in Pleasant Prair...

OpenAI Launches ChatGPT Pro for $200 a Month

OpenAI introduced ChatGPT Pro, a new subscription tier for its chatbot, on Thursday. Priced at $200 per month, this new service is designed to cater to the engine...

SolarEdge Shares Decline Following New CEO Appointment

On Monday, shares of SolarEdge Technologies fell by 10.5% following the announcement of a new Chief Executive Officer (CEO). The global leader in smart energy tec...

GME and AMC Stocks Surge Following Roaring Kitty's Tweet

On Thursday, shares of GameStop Corp. and AMC Entertainment Holdings Inc. saw a significant increase due to a tweet from influential online figure Roaring Kitty. ...

Garrett Motion Shares Surge with Aggressive Capital Plan

On Thursday, the stock price of Garrett Motion Inc. (NASDAQ:GTX) saw a remarkable increase of 8.5% following the announcement of a new capital allocation framewor...

U.S. Weekly Coal Production Sees Decline

Forex - After a one-week pause, coal production in the United States has experienced a decline again. According to data released by the Energy Information Adminis...

AppLovin's Target Price Raised to $435 Amid Growth Expectations

On Thursday, AppLovin Corp (NASDAQ: NASDAQ:APP) shares saw a 5% increase, continuing its positive momentum. This rise followed the financial services company Stif...

BRSA Regulates Consumer Loans and Installment Plans for Mobile Phone Purchases

The Banking Regulation and Supervision Agency (BRSA) has made changes to the loan amount and the number of installments, along with a distinction between refurbis...

Discount Rate of CPI-Linked Government Bonds and Lease Certificates Cut from 80% to 30%

The Central Bank of the Republic of Turkey (CBRT) has decided to reduce the discount rate for CPI-indexed government bonds and lease certificates from 80% to 30%....

Banks to Avoid Inflation Accounting in 2025: Insights from Financial Leasing, Factoring, Financing, Savings Finance, and Asset Management Companies

Forex - Banks, along with financial leasing, factoring, financing, savings financing, and asset management companies, will not implement inflation accounting in 2...

Solaris Energy Shares Surge on Raised EBITDA Forecast

Shares of Solaris Energy Infrastructure saw a significant surge, reaching an intraday all-time high and climbing by as much as 21%. This increase followed the com...

Uber and Lyft Stocks Decline as Waymo Expands to Miami

On Thursday, shares of Uber Technologies Inc. (NYSE:UBER) and Lyft Inc. (NASDAQ:LYFT) fell by 4.7% and 4.9%, respectively. This decline in stock prices is associa...

Market Overview: Key Insights

Forex -

• December 5, 2024

Borsa Istanbul Equity Market

BIST 100 Index Closing 9,935.96

BIST 100 Daily Change 49.91

BIST 100 Daily Change (%) 0.50

BIST 100...