Hope for Iran Drives S&P 500 to Longest Winning Streak Since 2023 – DAX Scrapes 25,000 Mark – Infineon Soars Above 70 EUR for the First Time Since 2000 – Dell Launches AI Mega Offensive in Data Centers – Estée Lauder Halts 40-Billion-USD Mega Merger with Puig – Workday Doubles AI Agent Customers – Zoom Sees 184 % Growth in AI Companion Users – Ross Stores Delivers Quarterly Surprise

USA & MACRO-OUTLOOK Wall Street heads into the weekend with noticeable tailwinds The S&P 500 (+0.5 %) exhibits a sustained positive price momentum, nearing its eighth consecutive week of gains – marking the longest upward streak since December 2023. Since the war-induced lows, the leading index has already accumulated an increase of around 18 %. The key driver is the growing hope for a diplomatic resolution to the conflict between the USA and Iran, which has burdened global markets for nearly three months. At the center of negotiations...