Morgan Stanley has retained its forecast for the Federal Reserve to hold interest rates through year-end, but warned that a drop in unemployment below 4% or persistently elevated inflation could force a rethink in favor of rate hikes. In a note to clients, analyst Michael Gapen said incoming data since the June FOMC meeting has Read More
The balance of risks in Federal Reserve interest rate policy seems to be shifting towards an emphasis on “firmer inflation rather than weaker hiring,” as noted by analysts. In a note on Friday, the strategists including Michael Gapen and Sam Coffin indicated that any sustained disinflation in the future hinges on the resolution of the Read More
Analysts largely reaffirmed buy ratings and raised price targets on Dell following the company’s guidance for a 25% growth in earnings per share for fiscal year 2027, as detailed in its quarterly report on Thursday. The demand for artificial intelligence servers is experiencing significant growth, as evidenced by Dell’s quarterly revenue from this product, which Read More
