Stocks Rise as Dollar Strengthens, Tech News & Healthcare Updates

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 rumor about looking into smart doorbell and lock devices to bolster its home security offering and better compete against Amazon's Ring and other rivals true. 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 — for the first-line treatment of adult patients with metastatic colorectal 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 by 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.Microsoft's 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. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trad

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Stocks Rise Slightly as Dollar Strengthens; Apple Eyes Home Security ExpansionStocks are starting the final week of the year with modest gains, driven by a strengthening dollar. Apple is exploring smart home security to compete with Amazon's Ring, while Wedbush predicts record iPhone sales fueled by AI. Other news includes FDA approvals for cancer drugs, potential TikTok solutions, Meta's smart glasses plans, and a $1.5 billion HP acquisition by Samsung.
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Stocks Inch Up as Dollar Strengthens and Oil Pulls BackUS stock market opens slightly higher, driven by a stronger dollar offsetting a pullback in oil and gold prices. Other news includes Apple's potential smart home security push, Wedbush's bullish outlook for iPhone sales in FY25, EU approval of cancer drugs, TikTok's potential US operations continuation, Meta's smart glasses plans, HP's acquisition of a Chinese printing company, and Jim Cramer's investment recommendations.
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