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Turkish Lira Plunged Again on Erkan’s Resignation and Poor Inflation Data
Feb 06, 2024
The Turkish lira is under pressure again, because of a combination of factors, including just another jaw-dropping...
Amazon Posted Moderately Upbeat Quarterly Results, Upgraded its 2024 Outlook
Feb 02, 2024
Shares of Amazon (AMZN) shot up 7.11% late post-market yesterday after the company released its long-awaited quarte...
Amazon Smashed Expectations Returning to Its 2021 Glory, but Holiday Sales Guidance Disappointed
Oct 27, 2023
Amazon (AMZN) released its long-expected quarterly financial results quoting best profits since 2021, but holiday q...
Turkey's Central Bank Raises Key Rate to 25 Percent
Aug 25, 2023
Yesterday, on August 24, the Central Bank of the Republic of Turkey (CBRT) raised its key discount rate by 750 poin...
The Vanguard Mega Cap Growth ETF: Good Idea of Accommodation before 2H Earnings Season Began
Jul 12, 2023
The Vanguard Mega Cap Growth ETF (MGK) traded near its high of the day yesterday, on July 11, up 0.2%.
Turkish Lira Sinks to Fresh Lows Defying the Central Bank’s Interest Rate Hike
Jun 23, 2023
The Turkish lira “welcomed” the new head of the Central Bank of Turkey, and it seems that the markets do not yet be...
High Inflation, Depletion of Foreign Reserves Make Turkish Lira More Exposed to Accelerating Decline
May 23, 2023
The steep decline in the level of foreign exchange reserves of Turkey's central bank raised fears of an impending "...
Amazon Results Generally Pleased Investors, but Plummeted AWS Revenue Raised Alarm
Apr 28, 2023
Amazon earnings summary (AMZN): Q1 GAAP EPS of $0.31 beat expectations by $0.11.
Turkish Lira: Broken, but Not Defeated
Apr 18, 2023
According to Bloomberg, Turkey’s central bank has requested local lenders to limit the amount of dollar purchases t...
News of Recent Mass Corporate Layoffs and U.S. Nonfarm Payrolls Send Contradicting Signals to Fed
Feb 08, 2023
As we know, Google (GOOG, GOOGL), Microsoft (MSFT), Amazon (AMZN) and other big tech companies have laid off more t...
Microsoft Only Marginally Beat Expectations, but Upset Investors by Lackluster Guidance while New Business Growth Slowed in December
Jan 25, 2023
Here's what the Big Tech Stalwart posted yesterday:
Nasdaq is Still Bearish. But Not as Bearish as Many Think
Sep 08, 2022
Dow 30, S&P 500, and Nasdaq 100 have started showing a divergence since the beginning of 2022.