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July 25, 2024

Global markets take downbeat trend

ISTANBUL: Global markets follow a negative course with the deepening of the selling pressure that started in the US led by technology stocks, while on the macroeconomic data side, all eyes are set on the growth data to be announced in the US Thursday….

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European stocks close lower except in UK

ISTANBUL: European stock exchanges closed lower on Monday, except in the UK.

The STOXX Europe 600, which includes around 90% of the market capitalization of the European market in 17 countries, was down 1.04 points, or 0.2%, to finish at 511.79.

Ger…

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IBM sees net income rise 16% to $1.8B in 2nd quarter

ISTANBUL: IBM saw its net income rise 16% to $1.8 billion in the second quarter of 2024, according to its financial results statement released Wednesday.

Its total revenue showed a slight increase of 2% to $15.8 billion in the April-June period.

Whi…

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