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A financial analyst's desk showing Tesla stock chart with $471 price target, highlighting Bank of America's updated valuation amid optimism in AI and autonomy initiatives.

Bank of America raises Tesla price target to $471

Nicole Parks Larawang ginawa ng AI

Bank of America analyst Federico Merendi has increased the price target for Tesla stock to $471 from $341 while maintaining a Neutral rating. The adjustment reflects stronger progress in Tesla's Robotaxi and Optimus programs, which now account for a significant portion of the company's projected value. This comes amid broader Wall Street optimism about Tesla's AI and autonomy initiatives following its Q3 earnings.

Bmv hits new record after fed decision

Juan Pérez

The Mexican Stock Exchange (BMV) hit a new all-time high above 63,000 points, driven by a 0.89 percent gain. Wall Street showed mixed results after the Federal Reserve's rate cut, with the Nasdaq reaching a new record. The Mexican peso depreciated slightly amid expectations of pauses in future cuts.

Hajj costs for 2026 lowered without reducing service quality

Raj Patel

Indonesia's House Commission VIII and the Ministry of Hajj and Umrah have set the hajj service cost for 2026 at Rp87.4 million per pilgrim, down about Rp2 million from the previous year. This reduction does not compromise service quality for pilgrims. Pilgrims pay Rp54.2 million directly, with the rest covered by hajj fund management.

Egypt extends EGP 50bn hotel financing initiative by six months to boost tourism capacity

The Egyptian Cabinet has approved a six-month extension of the EGP 50 billion hotel financing initiative to expand the country's hotel capacity. Ministers of Finance and Tourism announced the decision, effective from October 20, 2025. The move responds to requests from investors seeking to complete ongoing and planned tourism projects.

Top US crypto exchanges recommended for 2025 investors

A 2025 guide highlights Coinbase, Kraken, and Crypto.com as leading cryptocurrency exchanges for US users, emphasizing regulatory compliance, low fees, and user-friendly features. Tailored for beginners and active traders, the recommendations consider state availability and advanced tools like staking and derivatives. The analysis underscores transparency through audits and proof-of-reserves practices.

Reasons the US dollar stays below $4,000 pesos in Colombia

Carlos Ramírez

The US dollar has completed eight weeks without exceeding $4,000 pesos in Colombia, driven by global and local factors like the Federal Reserve's rate cut and increased dollar inflows. Analysts point to the DXY index's weakness and government operations strengthening the peso. This stability benefits imports and travel to the United States.

Financial advice complaints rise 45% amid funeral policy issues

Complaints to South Africa's Financial Advisory and Intermediary Services Ombud surged 45% in 2024/25, reaching 15,404 cases, with long-term insurance like funeral policies dominating. The office awarded R31.748-million in compensation while improving case resolution times. Advocate John Simpson highlighted growing consumer awareness as a key driver.

 

 

 

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