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Real-time News
On September 6th, according to a Morgan Stanley research report, Microsoft (MSFT.O) announced a broad restructuring of its external reporting structure, effective in fiscal year 2027. The three historical operating segments—Productivity & Business Processes, Intelligent Cloud, and More Personal Computing—will be merged into two new segments: "Agents and Infra" and "Devices and Consumer," aiming to align with increasingly integrated cloud + AI internal management practices. The bank believes this adjustment is primarily an accounting reclassification and does not change the underlying economics. Changes in the definitions of Azure and Microsoft 365 are mechanical adjustments, and the bank maintains its assessment that Azure will accelerate in the first half of 2027 compared to the second half of 2026, and that Microsoft 365 commercial cloud growth will accelerate in fiscal year 2027. Furthermore, Morgan Stanley reiterated its "Overweight" rating on Microsoft with a target price of $600.On September 6, the Islamic Republic News Agency (IRNA) reported that the public relations department of the Iranian Islamic Revolutionary Guard Corps (IRGC) issued a statement saying that the IRGC Air Force launched multiple ballistic missiles, striking a US aircraft carrier and a destroyer. The targeted US warships were involved in the naval blockade of Iran and interfered with Iranian vessels. The statement said that both US warships were forced to withdraw from the conflict zone after suffering damage.The China Earthquake Networks Center officially reported that a magnitude 3.7 earthquake occurred at 10:29 on September 6 in Wuqia County, Kizilsu Kirghiz Autonomous Prefecture, Xinjiang (40.00 degrees north latitude, 75.75 degrees east longitude), with a focal depth of 20 kilometers.September 6th - The recent US military strikes against Iran, which Iran retaliated against, have led to a rise in international oil prices. On September 4th, local time, Virgin Atlantic founder Richard Branson stated in an interview in the UK that the conflict with Iran is completely unnecessary, as it will only push up oil prices, increase costs for airlines and consumers, and contribute to inflation.On September 6th, TankerTrackers reported on Saturday that Iraqs oil exports in August fell by 36% compared to pre-war levels, making it one of the Middle Eastern oil-producing countries with the largest decline in exports. The comparison is based on export levels in January and February before the conflict. Iran saw the largest drop, with crude oil exports plummeting by 100%. Qatar and Saudi Arabia followed closely, both experiencing a 48% decline in exports. Kuwaits crude oil exports also fell by 36% in August, matching Iraqs decline, placing these two countries tied for third place among those tracked by TankerTrackers. The UAE saw the smallest decline, with crude oil exports falling by only 0.02% compared to pre-war levels.
