Bitcoin Mining Revenues Continue to Surge: Massive Increase in US Mining Shares

Bitcoin's price is reaching new heights while miners are also increasing their profits. The SHA256 hashrate value has climbed to 1 petahash (PH/s) per second, mar...

U.S. Industrial Production Falls in Line with Expectations

In October, industrial production in the U.S. declined in line with market expectations. Industrial production fell by 0.3% compared to the previous month in Octo...

Pegasus/Ozturk: Our Fleet Expansion Will Continue

Foreks - Güliz Öztürk, CEO of Pegasus Airlines (IS:PGSUS), stated to Bloomberg HT, "In the last quarter, 6 more planes are arriving. By the end of 2029, 52 more a...

Summary Insights on the Markets

Forex -

How Are Markets Reacting After U.S. Inflation?

According to data from the U.S. Department of Labor, the Consumer Price Index (CPI) has increased by 0.2% for the fourth consecutive month. This data aligns with ...

Market Overview - The Stock Exchange Ends the Week with a Decline

Foreks - The BIST 100 index closed the day down by 30.8 points, at 9389.62. According to the Foreks News survey, the BIST 100 index was expected to close the day...

The Memecoin Front is Buzzing: Critical Developments in Dogecoin and Robinhood

The volatility in the cryptocurrency market has drawn the attention of South Korean investors to Dogecoin, the largest memecoin by market capitalization, resultin...

Bolat: The Retail Trade Volume in Our Country is Increasing Its Share Year by Year

The Minister of Trade, Ömer Bolat, stated that the retail trade volume in Turkey is increasing its share every year.

In his remarks on platform X, Bolat said: "...

US Inflation Data Released

The inflation data for the United States (US) for October has been released. The annual Consumer Price Index (CPI) came in at 2.6%, aligning with expectations. Mo...

Turkish Tractors Hosts Simultaneous Mass Maintenance Event for New Holland and Case IH Tractors Across All 81 Provinces of Turkey

Foreks - Turkey's leading company in agricultural mechanization, TürkTraktör, organized a simultaneous collective maintenance event for New Holland and Case IH tr...

Tower Semiconductor Earnings Beat Expectations at $0.03, But Profits Fall Short

According to Tower Semiconductor's (NASDAQ: TSEM) report, third-quarter earnings per share were $0.57, which is $0.03 better than analysts' expectations of $0.54....

BOJ/Ueda: Keeping Interest Rates Low for Too Long Could Accelerate Core Inflation Above 2%

Forex - Bank of Japan (BOJ) President Kazuo Ueda stated that keeping real interest rates adjusted for inflation low for an extended period could lead to excessive...

Fed/Kashkari: I'm Confident Inflation is on a Declining Trend

Minneapolis Fed President Neel Kashkari stated that he is confident inflation is moving downward, noting that today's data "supports" this downward trend. In an i...

UAE Stock Market Reaches $1 Trillion Market Valuation for the First Time

Forex - According to an analysis by Bloomberg, the total value of stocks traded on the UAE stock exchanges has surpassed $1 trillion. The market capitalization of...

German Economic Experts Council Downgrades 2024 and 2025 Forecasts

The Council of Economic Experts for Germany has lowered its growth forecasts for the largest economy in Europe for 2024 and 2025, stating that Germany will contin...

Alibaba Aims to Raise $5 Billion Through Dual-Currency Bond Issuance

According to sources with direct knowledge of the matter, Chinese e-commerce giant Alibaba Group aims to raise $5 billion through multi-currency dollar and offsho...

Consumer Prices in the U.S. Align with Expectations

Forex - In the United States, consumer inflation for October matched market expectations both on a monthly and yearly basis. According to data from the U.S. Depar...

Germany's Green Party Nominates Economy Minister Habeck as Chancellor Candidate

Forex - Germany's Vice Chancellor and Minister of Economics, Robert Habeck, was officially nominated as the Green Party's candidate for Chancellor on Sunday. The ...

STOCK VALUATION - Alnus Investment Raises Target Price for PGSUS-Pegasus from 304 TL to 350 TL, Maintains "Buy" Recommendation

Forex -

Wall Street Brokers Become More Cautious About Chinese Stocks

Forex - Wall Street brokerages have become more cautious toward Chinese stocks due to ongoing deflationary pressures and geopolitical tensions overshadowing the e...

Glencore and Chandra to Supply 20% of Shell's Refinery Production

As a strategic move, Glencore and Chandra Asri have established a new business unit to manage the Shell Singapore refinery they acquired. The joint venture, named...