Wells Fargo raised its price target on Microsoft (MSFT.O) to $650 from $625.

Bank of England says its projections show consumer price inflation (CPI) will fall below its 2% target in Q1 2028.

The Wall Street Journal reports that last week on Air Force One at a Delaware tarmac President Trump held emergency talks with top war advisers — Chairman of the Joint Chiefs Gen. Dan Kane, Defense Secretary Hegseth, and CENTCOM commander Adm. Brad Cooper. Cooper drafted a punitive air campaign of up to two weeks; after Iran’s missile attack on Tuesday Trump has pledged retaliation but is weighing approval of Cooper’s 10–14 day intensive strikes aimed at crippling Iran’s missile capability — a plan the military says would reduce U.S. reliance on defensive munitions but comes amid warnings that air‑defense ammunition stocks are running low — versus narrower strikes to preserve diplomatic space. The WSJ says Cooper’s high‑intensity option is designed to sharply escalate and break the previous tit‑for‑tat airstrike stalemate.