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- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- One killed, three injured when man attacks Swedish school with sword
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
Why Bernstein thinks Microsoft shares can outperform in 2025
January 6, 2025 4:00 PM ESTBernstein analysts reiterated their Outperform rating on Microsoft (NASDAQ: MSFT) shares, raising the price target slightly to $516 from $511 in a note this week.
The firm cited a promising outlook for Microsoft's Azure revenue growth coupled with a slowdown in capital expenditure (CAPEX) as key factors driving this positive assessment.
"Microsoft has become far less crowded over... More
