
AI-generated summary
While THY's third quarter financial results showed an increase in revenue and passenger traffic, profitability was put under pressure by the large increase in the cost of jet fuel.
The company's total revenues increased by 19.3 percent annually, reaching $8.3 billion. In the July-September period, the number of passengers increased by 4.7 percent to 28.5 million, and the occupancy rate increased by 1.5 points to 87.1 percent. Cargo revenues exceeded 1.2 billion dollars, an increase of 45.6 percent.
THY's jet fuel cost has increased by 118 percent since the beginning of the year. The increase in costs exceeded revenues, negatively affecting operational profitability. Due to the effects of the war on demand, the company revised its 10 percent passenger capacity growth expectation for 2026 downwards. Capacity increase in the third quarter was 3.2 percent.
He showed his power

Qualcomm posted Non-GAAP revenue of $10.442 billion (down 7 percent annually) in its Q4 FY26 balance sheet. While handheld device chip revenue declined 26 percent, automotive exceeded $2 billion for the first time. The stock fell 6-7 percent after closing. Data Center target is over $5 billion in FY27 and $15 billion in FY29.

Ahmet Nazif Zorlu passed away and was buried in Zincirlikuyu Cemetery in Istanbul. Many businessmen such as Abdullah Gül, Yıldırım Demirören and Bülent Eczacıbaşı attended the funeral ceremony.

Fatma Betül Sayan Kaya and İlyas Kaya, whose accounts were frozen within the scope of the investigation launched by the Istanbul Chief Public Prosecutor's Office regarding capital market transactions, deposited 1 billion 860 million TL into the SDIF account. The audit report prepared by CMB was also sent to the prosecutor's office.

Mithat Yurdakul Işıkhan stated that the Unemployment Insurance Fund has no relation with the liquidated funds, its resources are used in public domestic debt securities, public banks and Takasbank, the fund is regularly audited and there is no money stuck in any fund.
Gold prices increased by 1.9 percent to $4,140 per ounce. Dollar and bond yields declined. Investors await Friday's US employment report.

Dow Jones index increased by 3.03% and reached 53,356.12 points. Democrats' victory in the Senate and House of Representatives in the US midterm elections and Trump's acceptance of the results reduced the uncertainty in the markets. Oil prices fell sharply while data center stocks fell.