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HSBC raised Qualcomm (QCOM.O) PT to $180 from $155.

2026-07-15

HSBC raised Qualcomm (QCOM.O) PT to $180 from $155.

Other News
2026-07-15

Andy Burnham, set to replace Starmer next Monday, will receive a Treasury economic assessment on his first day. The report projects Q4 revised inflation up to 3.2%, says gilt yields and financing costs will continue rising, and anticipates the Bank o

Andy Burnham, set to replace Starmer next Monday, will receive a Treasury economic assessment on his first day. The report projects Q4 revised inflation up to 3.2%, says gilt yields and financing costs will continue rising, and anticipates the Bank of England will raise rates at least once more before year-end. It warns that if a US–Iran ceasefire is not quickly restored, international oil could reach $150/bbl, lifting energy, food and jet-fuel prices, pushing up living costs and increasing downside pressure on the UK economy. Officials also cite elevated cyberattack risk from Iran and Russia and imminent policy decisions on Ukraine, Russia sanctions and Strait of Hormuz security as early challenges for the new administration.
2026-07-15

Fed's Williams said the current monetary policy stance is well positioned to bring inflation back to target and that inflation is "undoubtedly too high." He flagged large-scale AI-related investment as a key uncertainty: while he expects AI spending

Fed's Williams said the current monetary policy stance is well positioned to bring inflation back to target and that inflation is "undoubtedly too high." He flagged large-scale AI-related investment as a key uncertainty: while he expects AI spending to boost productivity materially over time, the economy is in a race between supply and demand and the size and duration of any imbalance are "highly uncertain." He noted that in some goods categories demand growth still outpaces supply. Williams said the current policy stance, around 3.5%–3.75%, is sufficient to guide inflation back to target. Energy and related commodities prices appear to have peaked and are expected to retreat toward levels seen before the first Strait of Hormuz closure, though risks remain.
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