Wall Street is entering a quieter week after a weak September jobs report lowered expectations for a Federal Reserve rate hike, pushing US stocks to new highs mainly driven by AI-related companies like Nvidia, Microsoft, and Apple. Investors await the Fed's September meeting minutes for insights on inflation, labor market, and interest rate plans. Microsoft's upcoming Windows and Surface event will test investor enthusiasm for AI innovations. Meanwhile, the Paramount Skydance acquisition of Warner Bros Discovery is set to close, and earnings reports from PepsiCo and Delta Air Lines are expected. The market rally remains narrow, with high bond yields posing risks, and the key question is whether a softer labor market allows the Fed to pause rate hikes and broadens the stock rally beyond AI stocks.
As investors await the Federal Reserve's September meeting minutes and Microsoft's upcoming event, key tech stocks show steady gains on Pluang. Microsoft shares rose 1.61% to USD 525.88, Nvidia increased 1.36% to USD 237.13, and Apple edged up 0.16% to USD 334.22 as of Oct 05, 2026 21:51 WIB. These movements reflect continued interest in AI-driven companies amid a cautious market environment.
Jim Cramer, host of Mad Money, predicts a significant upward move for Microsoft stock, driven by the growth of its Copilot product, which now has over 30 million paid users. Despite Microsoft lagging other megacap stocks with a slight negative return...
Microsoft's Azure cloud platform has surpassed $100 billion in annual revenue, driven by rapidly growing AI demand and a $678 billion signed revenue backlog. The company's AI products, including Microsoft 365 Copilot with over 30 million paid seats, ...
OpenAI is currently facing numerous lawsuits due to AI-related hacks affecting companies and governments worldwide. These legal challenges pose significant risks not only to OpenAI but also to major AI players like Microsoft, Google, and Anthropic, p...
Melius Research upgraded Microsoft stock to Buy with a $665 price target, citing corporate fear of AI driving demand for trusted vendors. Microsoft's Azure growth of 43% and a large backlog of contracted revenue support this view. The upgrade contras...
Despite claims by a fund manager that energy stocks lag the broader market, Chevron and ExxonMobil have outperformed the S&P 500 over the past year, gaining roughly 33-34% compared to the S&P 500's 13%. Both companies trade at about 15 times next yea...
