TURKEY’S MAIN BIST-100 INDEX EXTENDS LOSSES, DOWN 8%
Day: March 19, 2025
📰 EU TO TIGHTEN STEEL IMPORT QUOTAS FROM APRIL 1 TO REDUCE INFLOWS BY 15%
EU TO TIGHTEN STEEL IMPORT QUOTAS FROM APRIL 1 TO REDUCE INFLOWS BY 15%
📰 $TSLA: Cantor Fitzgerald Upgrades Tesla to Overweight from Neutral – PT $425 The analyst comments: After visiting Tesla’s Austin Gigafactory and AI data centers (3/18), we upgrade Tesla to Overweight (from Neutral) with a $425 price target (unchanged). Key Reasons: 🔸 Shares down ~45% YTD present a buying opportunity. 🔸 Major upcoming catalysts: 🔸 Robotaxi launch (Austin June 2025, California later). 🔸 FSD rollout in China (started 1Q25) and Europe (expected 1H25). 🔸 New lower-cost vehicle (~$30K, 1H25). 🔸 Semi Truck production (2H25/2026). 🔸 Optimus Bot mass production (2026) and deliveries (late 2026). Outlook: 🔸 Tesla expects auto growth in 2025, though partially offset by tariffs and EV tax credit removal. 🔸 Near-term softness likely (weak Europe demand, China competition, political noise). 🔸 Long-term upside driven by FSD, Robotaxi, Energy, and Optimus.
$TSLA: Cantor Fitzgerald Upgrades Tesla to Overweight from Neutral – PT $425 The analyst comments: After…
📰 FED TO MAKE INTEREST-RATE DECISION; POWELL TO SPEAK The Fed is expected to hold rates steady Wednesday and signal one or two cuts this year. Powell’s comments may hint at tariff concerns. Latest moves: — U.S. futures point to slight gains after Tuesday’s tech-led drop. — 10-year Treasury yields ticked up to 4.28%. — The dollar strengthened. — Turkey’s lira fell over 6%; Istanbul’s stock index dropped 6%, triggering a brief halt. — The yen weakened after the BOJ held policy steady. — Gold stayed above $3,030 after a record high Tuesday.
FED TO MAKE INTEREST-RATE DECISION; POWELL TO SPEAK The Fed is expected to hold rates steady…
📰 KREMLIN SAYS PUTIN AND TRUMP UNDERSTAND AND TRUST EACH OTHER The Kremlin said on Wednesday that Russian President Vladimir Putin and U.S. President Donald Trump have a good rapport and are determined to restore badly damaged U.S.-Russia ties step-by-step.
KREMLIN SAYS PUTIN AND TRUMP UNDERSTAND AND TRUST EACH OTHER The Kremlin said on Wednesday that…
📰 JUST IN – Britain to continue Ukraine weapons supply despite Putin’s demands — Telegraph
JUST IN – Britain to continue Ukraine weapons supply despite Putin’s demands — Telegraph
📰 NOW – Zelenskyy says the “Russians aren’t ready to finish the war” and the “occupied territories” are a “red line” for Ukraine.
NOW – Zelenskyy says the “Russians aren’t ready to finish the war” and the “occupied territories”…
‘Karma’ Trailer: Netflix’s Latest Korean Thriller Stars Park Hae-soo, Shin Min-a & Lee Kwang-soo
Here’s a trailer for Karma, the latest Korean Netflix original. Starring Park Hae-soo, Shin Min-a, Lee…
‘Hunted’ Finds New Homes; India-Japan Anime Pact; ‘Limitless Win’ Renewed; Irish Shows Sell In Europe; Studio 99 Production Chief – Global Briefs
‘Hunted‘ Finds Homes In Sweden, Belgium & Botswana Civilians and celebrities will go on the run…
Steve Coogan, Tom Burke & Hayley Squires Board Netflix Heist Series ‘Legends’
Steve Coogan, Tom Burke and Hayley Squires have boarded Netflix‘s upcoming heist series Legends. From the…