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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...
Elon Musk’s SpaceX May Be Valued More than Disney, Comcast and, Certainly, Virgin Galactic
Dec 13, 2023
According to Bloomberg, SpaceX will sell insider shares at $97 apiece in a tender.
Walt Disney Tripled its EPS Compared with Q4 2022 and Added 7M Disney+ Subscribers
Nov 09, 2023
Walt Disney's (DIS) Q4 FY23 profit topped Wall Street analysts' forecasts as visitor traffic increased across its t...
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...
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 "...
Disney: Changing Order of the Addends Does Not Change the Sum
May 11, 2023
Disney Company (DIS) shares are dropping 5.3% in the U.S. premarket today, despite most mainstream business channel...
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...