Turkish tourists flock to Greece amid skyrocketing inflation at home

In recent months, Türkiye has experienced a dramatic surge in inflation, reaching an alarming 75.4% in May.  This steep rise, primarily driven by soaring costs in hotels, cafes, and restaurants, has made domestic travel increasingly unaffordable for many Turkish citizens.  As a result, an increasing number of Turkish tourists are now opting for international travel,… Continue reading Turkish tourists flock to Greece amid skyrocketing inflation at home

Alphabet’s Q2 earnings preview: Revenue set to surge nearly 14% driven by AI and ad market revival

As we move into the second half of 2024, all eyes are on Google-parent Alphabet (NASDAQ: GOOGL) as it prepares to announce its second-quarter earnings. Expected to show a nearly 14% increase in revenue, this will be Alphabet’s fourth straight quarter of double-digit growth. This impressive performance is largely driven by steady demand for its… Continue reading Alphabet’s Q2 earnings preview: Revenue set to surge nearly 14% driven by AI and ad market revival

Can activist investor Elliott turn the tide for Starbucks amidst struggling sales?

Starbucks (Nasdaq: SBUX) is experiencing a significant stock slide on Monday, erasing gains from the recent news that activist investor Elliott Investment Management has taken a stake in the company. This development comes at a critical time as Starbucks faces declining sales and questions about its management. Starbucks faces declining sales and stock value Over… Continue reading Can activist investor Elliott turn the tide for Starbucks amidst struggling sales?

Warren Buffett sells $1.5 billion in Bank of America stock: What it means for investors

In a surprising move, Berkshire Hathaway Inc (NYSE: BRK.B), led by legendary investor Warren Buffett, has sold $1.5 billion worth of Bank of America Corporation (NYSE: BAC) stock. This sale involved unloading 33.9 million shares, marking the first reduction in Berkshire’s holding in the financial giant since late 2019. Despite this significant transaction, Bank of… Continue reading Warren Buffett sells $1.5 billion in Bank of America stock: What it means for investors

elf Beauty vs Estee Lauder: Which one is the better investment?

As we move into the second half of 2024, investors are keenly eyeing the beauty sector, particularly the stocks of e.l.f. Beauty Inc (NYSE: ELF) and Estée Lauder Companies Inc (NYSE: EL).  While e.l.f. Beauty has seen a 20% increase in its stock value this year, Estée Lauder has struggled, with its stock down 35%. … Continue reading elf Beauty vs Estee Lauder: Which one is the better investment?

What could Donald Trump’s victory mean for Bitbot in 2024?

Bitcoin has been recovering in recent weeks as the probability of Donald Trump returning to office in November continued to rise. Trump’s victory a positive for crypto market Experts are of the opinion that Donald Trump returning as the President of the United States could ease regulatory environment for the crypto market and help push… Continue reading What could Donald Trump’s victory mean for Bitbot in 2024?

How long will the Microsoft and CrowdStrike IT outage crisis take to resolve?

The recent IT outage caused by a faulty software update from CrowdStrike has left businesses and individuals worldwide grappling with significant disruptions. This unprecedented event has raised questions about the resilience of our interconnected digital infrastructure and the time it will take for full recovery. CrowdStrike update affects 8.5 M Windows devices The IT outage… Continue reading How long will the Microsoft and CrowdStrike IT outage crisis take to resolve?