Serve Robotics' Acquisition of Vebu Raises Concerns Among Short-term Vendors

Serve Robotics Inc. (NASDAQ:SERV), known for its sidewalk robots delivering food for Uber Eats in Los Angeles, has come under scrutiny following its acquisition o...

Etsy Revamps Leadership Team to Boost Growth

On Thursday, Etsy, Inc. (NASDAQ: ETSY), a global online marketplace for creative products, announced significant changes in its senior management team aimed at en...

Coherus' Target Price Raised by Baird Following Udenyca Sales Agreement

On Thursday, Baird maintained its Outperform rating on Coherus Biosciences (NASDAQ: CHRS) while raising the price target from the previous $4.00 to $6.00. This ad...

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...

Market Outlook: Stock Exchange Ends the Day on a High Note

The Forex - BIST 100 index closed the day up by 49.91 points, finishing at 9935.96. According to the Forex News survey, a 64.7 point increase was expected for the...

CME Group to Offer 1 Ounce Gold Futures Contract in 2025

CME Group, a leading derivatives marketplace, announced its plans to launch a 1 Ounce Gold futures contract on January 13, 2025. This initiative is subject to reg...

Intel Shares Decline Following Disappointing Investor Update

On Thursday, Intel Corporation (NASDAQ: INTC) experienced a decline in its stock prices, dropping over 3% following an unsatisfactory investor presentation from t...

Conagra Contemplates Selling Chef Boyardee Brand - Reuters

Conagra Brands Inc., a company known for its range of food products, is considering the sale of its Chef Boyardee brand. According to sources familiar with the ma...

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...

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...

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...