MARKET INSIGHT - The Stock Exchange Closes with Rapid Sell-offs

Foreks - The BIST 100 index closed the day down 201.08 points at 9031.82.
According to the Foreks News survey, the BIST 100 index was expected to close the day ...

BGC: Chinese Consumers Remain Cautious About Spending

According to Boston Consulting Group, Chinese consumers continue to be cautious with their spending as the recent government stimulus measures have yet to signifi...

ARK Venture Fund Offers 15% Investment in Elon Musk's Private Companies

NEW YORK - ARK Investment Management LLC announced that, as of October 31, 2024, the ARK Venture Fund offers investors an approximate 15% investment opportunity i...

BGC: Chinese Consumers Remain Cautious About Spending

Foreks - The Boston Consulting Group stated that Chinese consumers continue to be cautious in their spending as the government's recent stimulus measures have not...

Summary Insights on the Markets

Forex -

Summary of Market Information

• November 20, 2024

Borsa Istanbul Equity Market

BIST 100 Index Closing 9,031.82

BIST 100 Daily Change -201.08

BIST 1...

Goldman Sachs/Kostin: S&P 500 to Reach 6,500 by End of 2025

According to David Kostin, Goldman Sachs Group's chief strategist, the S&P 500 Index is expected to rise by the end of next year, driven by ongoing economic expan...

Rail Traffic Volume in the U.S. Increases by 3.2%

In the week ending November 16, the total volume of railway transportation in the United States increased by 3.2% compared to the same week last year. According t...

Australia's Central Bank: Being Prepared to Act as Economic Outlook Improves

Forex - The Reserve Bank of Australia (RBA) has stated that there is no immediate need to change interest rates, which have been held steady for a year. The minut...

After-Hours Movers: NVIDIA, Snowflake, Palo Alto Networks, and More

Post-Session Stock Movements: NVIDIA (NASDAQ:NVDA) shares fell 2.3% despite exceeding consensus estimates for its third-quarter results and guidance. CEO Jensen H...

"Financing for Tech Companies in Europe to Fall Below Last Year in 2024, but IPOs to Shine"

According to a sector report published by venture capital firm Atomico, funding for technology startups in Europe is expected to remain slightly below last year's...

NVIDIA's Earnings Beat Expectations at $0.06, with Profits Surpassing Forecasts

According to NVIDIA's (NASDAQ: NVDA) report, the earnings per share for the fourth quarter was $0.81, which is $0.06 better than analysts' expectations of $0.75. ...

MicroStrategy Acquires Approximately 80,000 BTC in November

Foreks - MicroStrategy's impressive acquisition of approximately 80,000 BTC this month has lifted its total assets to over 330,000 BTC, valued at around $30 billi...

Palo Alto Networks Surpasses Earnings Expectations with $0.08 Profit, but Revenue Falls Short

According to Palo Alto Networks' (NASDAQ: PANW) report, the fourth-quarter earnings per share came in at $1.56, surpassing analysts' expectations of $1.48 by $0.0...

NDRC/Li: China Must Maintain Economic Recovery Momentum

Foreks - Li Chao, spokesperson for China's National Development and Reform Commission (NDRC), stated that the Chinese economy should maintain its momentum towards...

Nvidia Announces Higher-than-Expected Sales for Next-Gen Blackwell Chips

After a quarter in which Nvidia's sales nearly doubled, investors and analysts are wondering how long the chip maker, which generates $140 billion in annual reven...

Financing for Tech Companies in Europe Set to Decline Below Last Year's Levels in 2024, But IPOs Will Shine

According to a sector report published by venture capital firm Atomico, funding for technology startups in Europe is expected to remain slightly below last year's...

Chinese Advisors Call for Stronger Stimulus

Forex - Chinese government advisors are recommending that Beijing maintain an economic growth target of around 5.0% for next year, while pushing for stronger fisc...

Goldman Sachs Anticipates Surge in Mergers and Acquisitions by 2025

Goldman Sachs Chairman David Solomon stated that with the new U.S. administration, both capital increases and mergers and acquisitions will be at stronger levels ...

Working Conditions in Architecture Firms in the U.S. Begin to Improve

In the U.S., architecture firms saw an increase in billing for the first time in October after a consecutive 20-month decline. The architecture billings index pre...

Boeing Nears 2,200 Layoffs in Washington State

Boeing has reported to the Washington Employment Security Department that it has laid off a total of 2,199 workers in the state as part of an overall plan to cut ...

Fed/Collins: We Should Continue to Gradually Lower Interest Rates

Forex - Boston Fed President Susan Collins sees both a recovery in inflation and a greater risk of softness in the U.S. labor market, and expects policymakers to ...