On November 12, light crude oil futures for December delivery on the New York Mercantile Exchange fell by $2.34 to close at $68.04 a barrel, or 3.32%; London Brent crude oil futures for January 2025 fell by $2.04 to close at $71.83 a barrel, or 2.76%.
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Artificial intelligence company Perplexity AI announced its intention to take over TikTok U.S. business before the U.S. government ban takes effect, saying "Perplexity is uniquely positioned to rebuild TikTok algorithm without creating a monopoly." Currently, multiple buyers including Oracle, Microsoft, Walmart, and former Los Angeles Dodgers owner Frank McCourt and Roblox CEO Jesse Tinsley have also been rumored to be interested in buying TikTok.
The three major indices of US stocks rose slightly, the Dow rose 0.07%, the Nasdaq rose 0.52%, the S & P 500 index rose 0.08%, most popular technology stocks rose, Tesla rose more than 5%, Apple and Meta rose more than 1%.
Tether, the world's largest stablecoin issuer, is in talks with a Big Four accounting firm to press ahead with its long-promised reserve audit. Tether, which has issued more than $140 billion worth of dollar-pegged cryptocurrencies, claims each token is backed by dollar-denominated assets and only publishes quarterly reports and has yet to complete a full audit. Paolo Ardoino, Tether's chief executive, did not disclose the firm or audit timeline under discussion, saying: "This [audit] is our hig...
On March 22, market sources said that the detained Istanbul mayor, Imamoglu, denied corruption charges. Turkey's finance minister told bankers that the short-term fluctuations in the market are being closely monitored, necessary measures are being taken, and economic plans continue to be firmly implemented.