Inflation fears crush tech rally – Oil climbs to 104 USD – Trump-Xi summit without Iran breakthrough – DAX loses 24,000 mark – Figma explodes with 46% revenue growth – Pershing Square star Ackman enters Microsoft – ServiceNow ignites Agentic AI phase with Experian alliance – Applied Materials delivers record numbers – Cerebras celebrates IPO rocket – Starbucks intensifies 2 billion USD cost-cutting program

USA & MACRO-OUTLOOK Sentiment on Wall Street shifts noticeably at the end of the week The S&P 500 falls by approximately 1.02%, with technology stocks, which led the recent recovery from the year's lows, now bearing the brunt of the losses. At the center of the insecurity is a globally expanded bond sell-off: The yield on 10-year US Treasuries climbs above 4.5%, while in Japan, the 30-year bond reaches a historic high of 4% for the first time. In the UK , a political crisis drives long-term yields to their highest level in 28 years....