Morgan Stanley has raised its price target on Microsoft, citing continued strength in its cloud business and its positioning in the artificial intelligence (AI) boom. The investment bank, which maintains an “overweight” rating on the stock, lifted its target from $582 to $625 per share, implying an 18.9% upside from current levels. The firm also

Oil prices were on track for its biggest weekly gain in three months, while gold eased from its record highs touched earlier this week.  Silver prices on COMEX breached the $45 per ounce mark for the first time since 2011. Silver prices have replicated strong gains since the start of the year, mimicking the rally

US stocks edged higher on Friday after the release of closely watched inflation data that met expectations and reinforced bets on further interest rate cuts from the Federal Reserve. The S&P 500 rose 0.2%, the Nasdaq Composite gained slightly, and the Dow Jones Industrial Average advanced 190 points, or 0.4%. The personal consumption expenditures price

Singapore’s Health Sciences Authority (HSA) has firmly rejected claims that paracetamol use during pregnancy causes autism in children, saying there is no scientific evidence to support such concerns. The clarification came after US President Donald Trump linked Tylenol, the best-selling acetaminophen brand in the US, to autism earlier this week. UK health officials also dismissed

The Federal Reserve’s preferred inflation gauge showed little progress in August, a trend that is expected to keep the central bank on course for upcoming interest rate cuts. The Commerce Department reported Friday that the core personal consumption expenditures (PCE) price index rose 2.9% from a year earlier, unchanged from July and in line with

After more than a year of high-stakes, globe-spanning negotiations, the long and tortured saga of TikTok’s American future is finally nearing its endgame. The United States and China are on the verge of an agreement to hive off the social media giant’s US operations to a new, American-controlled consortium in a deal that will reshape

Tesla shares edged higher in early trading on Friday as Wall Street analysts raised their price targets on the electric-vehicle maker, citing optimism over its artificial intelligence-driven initiatives, robotaxi rollout, and humanoid robotics business. The gains came despite fresh data showing a significant sales decline in Europe. The Tesla stock rose 0.3 percent to $423.66,

Abra Group announced in a securities filing on late Thursday that it has ceased negotiations in regards to a potential merger between Brazilian carrier Gol, which it controls, and rival Azul. That alternative is killed by the verdict, which eliminates the possibility of establishing a dominating Latin American airline in the country’s largest economy. A