Today's Highlights: BIDU, TSM, RACE and More

Summary of the Day: Featured Companies and Developments

In an eventful day for investors, significant developments occurred across various sectors in the markets. Baidu (BIDU), one of China's leading technology companies, announced plans to establish a strategic partnership with Uber to bring its Apollo Go autonomous ride-hailing service to Dubai. This move aims to promote the widespread adoption of autonomous vehicles in the technology and transportation sectors.

Growth in the Technology Sector: TSM

Meanwhile, Taiwan Semiconductor Manufacturing (TSM) reported a 36.8% year-over-year increase in revenues in January, driven by rising demand in the artificial intelligence sector. This growth indicates strong demand in the semiconductor industry and is a promising development for investors.

Innovation in Automotive: Ferrari

Italian car manufacturer Ferrari (RACE) introduced its first fully electric supercar, the “Luce.” This new model features over 1,000 horsepower with four electric motors. This development takes the transition to electric vehicles in the automotive sector a step further.

New Flight Route in Aviation: THYAO

Turkish Airlines (THYAO) has decided to launch scheduled flights to Urumqi, China. This route will facilitate the increase of air transport trade and enable new connections to be established.

Burçelik and Financial Developments

Burçelik (BURCE) announced that indirect shareholder Ümit Gümüş provided $1.5 million in funding to the company. The continuity of investments provides significant support for the company's growth targets.

AVOD and Real Estate Sale

A.V.O.D. Gıda (AVOD) announced that its subsidiary Hasat BNO Grup Gıda sold a property in İzmir with an area of 70,600 square meters for 200 million TL. This sale strengthens the company's financial position and creates resources for new projects.

This information does not constitute investment advice.