Stock Market Edges Higher, Apple and Microsoft in Focus

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Stocks see modest gains as the year draws to a close, fueled by a strong dollar and a pullback in oil and gold prices. Apple's potential foray into smart home security and Wedbush's bullish outlook on iPhone sales dominate tech headlines. Meanwhile, Microsoft's stock price receives attention despite a recent downgrade. The article also touches on developments in the pharmaceutical, social media, and tech sectors.

Stocks are slightly higher to start the final full trading week of the year as the dollar strengthens and oil and gold pull back. We have one big question heading into the holidays: Was Friday's looking into smart doorbell and lock devices to bolster its home security offering and better compete against Amazon's Ring and other rivals. Meanwhile, Wedbush reaffirmed its view that Apple Intelligence will bolster demand for new devices.

'In our view, Apple could sell north of 240 million iPhone units in FY25 as this AI-driven upgrade cycle takes hold and this will be the highest iPhone unit sales year in Apple's history.'said that the European Commission has approved Opdivo plus Yervoy, two drugs that can be used in combination for treating certain kinds of cancer.that President-elect Donald Trump indicated over the weekend that he might be open to some solutions to allow TikTok to keep operating in the U.S. The Supreme Court is set to hear oral arguments on Jan. 10 as the social media company tries to halt a federal ban that would start on Jan. 19, one day before Trump re-enters the White House. While a ban would likely prove positive for engagement on other social media platforms offered bythat Meta Platforms is looking to add displays to its line of smart glasses, possibly as soon as next year., a Chinese-owned printer and printing software maker, in a $1.5 billion deal expected to close in the second half of 2025.PT to $550 from $500. The analysts said Microsoft shares should fetch a larger premium than its large-cap software peersWe're upgrading Honeywell after a long-awaited move. Jim Cramer says investors should actJim Cramer says he likes Microsoft stock despite an analyst downgrade. Here's whyAs a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfoli

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