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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...
Microsoft Expectedly Published a Very Strong Financial Report, Unveiled Boost from AI, Cloud and Activision Group’s Consolidation
Jan 31, 2024
Microsoft (MSFT) has notably released its financial report for the past quarter.
Microsoft’s Financials Beat Top- and Bottom-Line Forecasts, with Intelligent Cloud Segment in Focus
Oct 25, 2023
Shares of Microsoft (MSFT) jumped 3.65% in today’s, October 25, early U.S. premarket following stronger-than-expect...
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...
Meta Platforms Joined AI Adoption Software Extravaganza
Jun 19, 2023
Formerly Facebook (FB), Meta Platforms (META) has launched so-called Voicebox, its generative AI model for text-to-...
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 "...
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...
Activision Blizzard Q4 Bookings Up 43 Percent, Call Of Duty Posted Good Performance, but Microsoft Deal Update Drags
Feb 07, 2023
Video game giant Activision Blizzard (ATVI) yesterday released its Q4 and FY financial results after the market clo...
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:
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