Worldsteel Revises Global Steel Production for October with a 1% Increase

Worldsteel announced today that it has made an upward revision to its October 2024 steel production figures following a change in South Korean data. The revised f...

Summary Insights on the Markets

Forex -

Market Summary Information

• November 21, 2024

Borsa Istanbul Equity Market

BIST 100 Index Closing
9,367.77

BIST 100 Daily Change
335.95

BI...

Market Insight: Euro Surges Following Ifo Data Release

Forex - The Euro strengthened against the Dollar after business expectations in Germany came in slightly above predictions. The Ifo Business Expectations Index de...

Reddit Experiences Outage Affecting Thousands of Users Following Software Bug Fix

On Thursday, Reddit experienced a significant outage affecting thousands of users. This service interruption occurred immediately after the company resolved a sof...

China's Central Bank to Develop Credit Products Better Suited for Early-Stage Tech Firms

The People's Bank of China (PBOC) stated that it will direct its policies towards supporting private and small enterprises and will develop credit products that b...

Two Sigma to Lay Off 200 Employees - Bloomberg

NEW YORK - Leading hedge fund Two Sigma Investments is preparing to lay off approximately 200 employees, representing about 10% of its workforce of around 2,000, ...

MIA Technology Signs Strategic Partnership and Consulting Agreement with Italian Company ARCHES

MIA Technology has signed a Strategic Partnership and Consulting Agreement with the Italian company ARCHES, aiming to establish collaborations primarily in the se...

Gaetz Withdraws from Attorney General Candidacy

WASHINGTON - Former Florida Representative Matt Gaetz announced that he has withdrawn his candidacy for the position of Attorney General under President-elect Don...

BoE/Lombardelli: Inflation May Exceed Predictions

Forex - Bank of England (BoE) Deputy Governor Clare Lombardelli expressed that she is more concerned about the risk of inflation being higher than the central ban...

Griffin Indicates Willingness to Sell Citadel's Minority Stake - Reports

The $65 billion asset giant hedge fund Citadel has indicated that it may potentially sell a minority stake in the future. Founder Ken Griffin expressed his openne...

Business Sentiment in Germany Declined in November

The survey conducted by the economic think tank Ifo in Germany revealed that the business environment weakened in November. The Ifo business climate index fell fr...

Summit Materials Stock Rises Amid Reports of Nearing Acquisition by Quikrete

According to a report published Thursday afternoon, based on sources close to the matter, Quikrete, a leading producer of packaged concrete and cement mixtures in...

Anadolu Efes Highlights the Importance of Collaboration for Sustainable Development Goals at COP29

Forex - Anadolu Efes (IS: AEFES), positioning sustainability at the center of its business model, participated in the 29th United Nations Climate Change Conferenc...

After-Hours Movers: Intuit, NetApp, Ross Stores, GAP

Post-Session Stock Movements:
Intuit (NASDAQ:INTU) dropped 4% following its better-than-expected first-quarter earnings per share announcement, despite providin...

Strategic Partnership Between Tech Company on BIST and Italian Firm

Mia Technology Inc. (MIATK), which is listed on Borsa Istanbul, has signed a significant international partnership. The Turkish technology firm has entered into a...

Ross Stores Earnings Beat Expectations by $0.08, But Profits Fall Short

According to the report by Ross Stores (NASDAQ: ROST), the earnings per share for the third quarter were $1.48, exceeding analysts' expectations of $1.40 by $0.08...

Is a Settlement Between Ripple and the SEC on the Horizon? Encouraging Message from a Ripple Executive

Following a passionate post by Ripple's Chief Legal Officer Stuart Alderoty, rumors of a settlement between Ripple and the U.S. Securities and Exchange Commission...

NetApp Beats Expectations with $0.09 Earnings, Surpassing Profit Forecasts

According to NetApp's (NASDAQ: NTAP) report, the second-quarter earnings per share stood at $1.87, exceeding analysts' expectations of $1.78 by $0.09. The reporte...

Iran to Strive Against Oil Production Quota Restrictions

Forex - Iran's Oil Minister Mohsen Paknejad stated that efforts will be made to reject the limitations on Iran's oil production quota. Minister Paknejad noted, "S...

Intuit Beats Expectations with $0.14 Earnings and Record High Profits

According to Intuit's (NASDAQ: INTU) report, the earnings per share for the first quarter was $2.50, which is $0.14 better than analysts' expectations of $2.36. T...

G7 Foreign Ministers Gather in Italy

Forex - Foreign ministers from the world's leading industrialized countries are gathering in Italy. The agenda for the G7 foreign ministers' meeting prominently f...