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Real-time News
IAEA Director General Grossi: Iran has expressed its concerns, and the IAEA, as an international organization, has the responsibility to address these concerns.On September 10th, as strong corporate earnings and renewed enthusiasm for artificial intelligence pushed US stocks to record highs, Wall Street analysts are scrambling to raise their forecasts for the S&P 500. Deutsche Bank strategist Binky Chadha raised his year-end target for the US benchmark index to 7,000, implying more than 7% upside from current levels. Analysts at Barclays also raised their forecasts, while Wells Fargo Securities team expects the S&P 500 to rise another 11% by the end of next year. "The market is certainly a bit frothy, but as long as AI capital spending remains constant, the bull run should continue," said Ohsung Kwon of Wells Fargo. They had significantly lowered their forecasts in April after Trump announced massive global tariffs, but then shifted back to a bullish outlook as Trump toned down his trade rhetoric. Chadha, who raised his target by nearly 7%, said he estimated half of the direct impact of tariffs on inflation was already reflected in the data. He also believes that investor positioning, better-than-expected economic growth, and a weaker dollar will all provide support for the stock market.Russian Ministry of Defense: Six Ukrainian drones were shot down in Russian regions, four of which were shot down over Crimea and two over Belgorod Oblast.Polish Interior Ministry spokesman: We have found parts of seven drones and a missile.GameStop (GME.N) shares rose more than 10% in pre-market trading in the U.S., with Q2 net profit surging more than 10 times year-on-year.
