The Golden Reserve of EREGL with the Partnership of OpenAI and Amazon

This Week's Headlines: Important Developments for Investors

This week, indexes started with a moderate increase; however, general losses were experienced, except for the technology sector. Alongside macroeconomic data, the return of the U.S. government to operations and the possibility of new interest rate cuts by the Federal Reserve have created a hopeful atmosphere for investors.

The BIST 100 Index in Borsa Istanbul has shown a buying trend with the decrease of political uncertainties. However, by the end of the week, the index recorded a decline of 1.30%. The inflation report by the President of the Central Bank of the Republic of Turkey, Karahan, which updated the inflation forecast range for 2025 to 31-33%, has drawn attention.

Important Partnership Between OpenAI and Amazon

OpenAI signed a $38 billion agreement with Amazon to acquire significant processing capacity through Amazon Web Services. With this development, OpenAI has reduced its dependency on cloud technologies and further strengthened its investments in the field of artificial intelligence.

Discovery of Gold Reserves by EREGL

Ereğli Demir Çelik's subsidiary Erdemir Mining detected mineralization in an area estimated to contain approximately 424,000 ounces of gold as a result of exploration activities conducted in Sivas. However, it has been stated that the current resource is not economically viable for operation. This situation stands out as a matter that investors should closely monitor.

Significant Agreements in the Crypto World

Crypto miners have signed important partnerships. Bitcoin miner Iris Energy signed a contract for approximately $9.7 billion in GPU cloud services with Microsoft. Similarly, Cipher Mining made a deal with Amazon for $5.5 billion to acquire significant amounts of data center space for artificial intelligence operations.

Other Developments in the Markets

During the earnings season of the week, AMD and Palantir managed to stand out. Although both companies reported revenues and profits above expectations, their forward-looking forecasts did not satisfy investors. Additionally, the steps taken by Turkish Airlines regarding the acquisition of minority shares in Air Europa have also attracted attention.

In conclusion, this week, news from both the technology and mining sectors occupied investors' agendas. It is highly important for investors to closely follow the markets and evaluate developments.