The major reason Microsoft’s stock is heading higher after earnings

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  Market participants are closely watching the chipmaker's latest price action as it confronts two major technical barriers simultaneously. The stock's current interaction with these dual hurdles represents a critical juncture for technical traders assessing its momentum. How the shares perform around these live thresholds will likely signal the asset's next near-term trajectory.

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• Patna to raise Rs 200 crore via municipal bonds

  Marking the state of Bihar's inaugural entry into the debt market, the local municipal corporation has already fully presold the paper ahead of its October 30 bidding date. Major institutional backers including HUDCO and NaBFID stepped in despite a backdrop of elevated benchmark yields that recently sidelined other prominent urban issuers. The move highlights how central government incentive schemes are successfully steering municipal entities toward alternative avenues for development financing.

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• Global Market Today: Asian shares edge higher as investors assess tech earnings, Fed outlook

  Regional equity advances contrasted with Wall Street futures pressure as divergent corporate results revealed varying fortunes among enterprise computing giants. Concurrently, monetary policymakers signaled an increasingly data-reliant stance while reshaping their future voting cadence, prompting currency and debt adjustments. Escalating geopolitical frictions in the Middle East simultaneously reinforced elevated commodity prices, presenting additional cost considerations for international enterprises.

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