Signs of Recovery in the Markets: Weekly Bulletin Analysis

Global Market Recovery Outlook

In global markets, signs of recovery have become clearer following inflation data from the US falling below expectations. This situation, combined with the decline of Turkey's credit default swaps (CDS), which measure credit risk to their lowest levels in recent years, has increased investor optimism in Borsa Istanbul.

Key Developments from Last Week

• US November Inflation: Announced at 2.7%, below the expected 3.1%.
• European Central Bank: Decided to keep the policy rate unchanged, which had a neutral effect on the markets.
• Bank of England: Implemented a 25 basis point cut in the policy rate.
• Silver Prices: Surpassed $67, reaching an all-time high.
• Cryptocurrency Market: Bitcoin lost 2.3%, with total crypto assets declining by 3.0%.

Highlighted Companies in Investment

Companies that have not compromised on balance sheet discipline and have maintained their stock returns above 40% since the beginning of the year are drawing attention. These stocks are evaluated based on proven growth and financial solidity rather than speculative expectations. Notable companies include:

• OpenAI: In discussions for a $10 billion investment with Amazon.
• Hut 8: Signed new partnerships for hyper-scale artificial intelligence infrastructure.
• Trump Media & Technology Group: Signed a merger agreement with TAE Technologies.
• Arçelik: Signed a license agreement abroad with the Grundig brand.
• Pegasus: Made engine supply agreements for Boeing 737-10 aircraft.
• Smart Solar Energy: Signed a cooperation protocol for solar projects in Bulgaria.

Insider Trading Activities

Last week, many top executives of various companies conducted insider buying and selling transactions. This situation attracts investors' attention and serves as an important indicator in terms of market dynamics.

Analyst Evaluations

RBC Capital upgraded Airbnb's (ABNB) rating to 'outperform'. Meanwhile, Wells Fargo raised the target price for Ally Financial (ALLY) from $45 to $52. Telsey Advisory also upgraded Gap’s (GAP) forecasts.

Weekly Summary

The observed improvement in the markets is instilling confidence in investors, leading to positive outcomes. However, it is always important to remain cautious and analyze market conditions.