Chinese Researchers Develop AI Model for Military Use Based on Meta's Llama Model

According to academic papers and analysts, high-level Chinese research institutions connected to the People's Liberation Army have utilized Meta's public Llama mo...

Macau's Gambling Revenue Reaches Record High in October

Forex - Gambling revenues in China's Macau Special Administrative Region continued to rise annually in October, reaching the highest level of the year. According ...

Intel Reports Its Biggest Loss in History

Foreks - Intel (NASDAQ: INTC) reported a loss of $16.6 billion in the third quarter due to over $18 billion in restructuring and impairment costs. This $16.6 bill...

JPMorgan's Two Affiliates to Pay $151 Million to Settle with SEC

Forex - JPMorgan Chase (NYSE:JPM) & Co.'s two subsidiaries have agreed to pay over $151 million to settle a series of allegations from the Securities and Exchange...

UPDATE: Withholding Tax Rates on Deposits and Funds Increased

Forex - The withholding tax rates applied to Turkish lira deposits and participation accounts, as well as funds, have been increased. The decision by the Presiden...

A Tiered Pricing Structure for Natural Gas is Coming

The Minister of Energy and Natural Resources, Alparslan Bayraktar, announced that the initiative to charge "less from low consumers and the actual cost from high ...

Market Outlook: Markets Should Factor in BOJ's Gradual Rate Hikes

Goldman Sachs economists argue that Bank of Japan (BOJ) Governor Kazuo Ueda's less cautious tone during Thursday's press conference aims to allow markets to facto...

Market Outlook: BOJ May Need to Raise Rates to 0.75% Next Year

Forex - Economists at MUFG Securities have argued that if the government implements a significant fiscal stimulus, the Bank of Japan may be forced to raise intere...

Goldman Sachs Anticipates Domestic Factors to Drive China's Economy in 2025

Goldman Sachs analysts state that the Chinese economy is likely to become more domestically driven by 2025 following recent stimulus measures. They noted that dem...

Amazon Surpasses Wall Street Expectations with $158 Billion Revenue in Q3

In the third quarter, e-commerce giant Amazon (NASDAQ:AMZN) surpassed Wall Street expectations by reporting revenues driven by a broader product offering and impr...

Amazon's Cloud Unit AWS Achieves Highest Profit Margin in a Decade

Amazon (NASDAQ:AMZN) announced that its cloud unit's (AWS) revenue increased by 19% in the third quarter, falling short of analyst expectations. According to the ...

Boeing Employees to Vote on New Contract Proposal to End Strike on Monday

The union representing striking Boeing factory workers announced that its members will vote on a new contract offer that provides for a slightly higher wage incre...

Treasury Anticipates Domestic Borrowing of 2 Trillion 845.5 Billion TL by 2025

Foreign Exchange - The Ministry of Treasury and Finance projects a domestic borrowing of 2 trillion 845.5 billion TL in 2025.

The Ministry of Treasury and Finan...

Apple's Q4 Results Surpass Wall Street's Revenue and Earnings Per Share Expectations

Foreks - Apple's (NASDAQ:AAPL) financial results for the fourth quarter exceeded Wall Street's revenue and earnings per share expectations, but the company's net ...

China's Manufacturing Sector Activity Expands Again in October

Forex - Manufacturing activities in China began to expand again among small manufacturers in October. The Caixin/S&P Global Manufacturing Purchasing Managers' Ind...

China's New Home Prices Surge in October

In China, new housing prices saw a faster increase in October, traditionally a peak month for home searching. According to data compiled by the China Index Academ...

Boeing Raises Wage Offer to End Seven-Week Strike

Foreks - Striking Boeing workers are preparing to vote on the aerospace giant's new proposal, which includes a 38% wage increase over the next four years. The Int...

Withholding Tax Rates on Deposits and Funds Increased

Forex - The withholding tax rates applied to Turkish lira deposits, participation accounts, and funds have been increased. The presidential decision regarding thi...

AMETEK's Q3 Results Surpass Expectations, Year-End Forecasts Raised

AMETEK, Inc. (NYSE: AME), a global manufacturer of electronic devices and electromechanical instruments, announced strong results for the third quarter of 2024. S...

Green Brick Partners Reports Record Earnings with Strong Third Quarter Results

Green Brick Partners, Inc. (NASDAQ: GRBK) announced a successful Q3 report on October 31, 2024. The company achieved significant financial successes, including re...

Earnings Call: FCPT Reports Strong Q3 Results Amid Disciplined Investments for 2024

In the third quarter of 2024 earnings call, William Lenehan, CEO of Four Corners Property Trust (NYSE: FCPT), emphasized the company's disciplined investment stra...