DAX Holds Strong at Week's End - Scout24 Builds on Gains after Goldman Sachs Buy Rating - Chip Stocks Under Pressure Following Broadcom Results - Warburg Downgrade Leads to Losses for Infineon - Flatex Strengthens after Berenberg Buy Rating - Planet Labs Struggles Despite Strong Q1 Numbers and Revised Guidance under Profit-Taking!
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The DAX is showing slight gains at the end of the week. After the German benchmark index initially started trading lower in the morning due to weaker cues from Asia, the DAX stabilized during the trading session and is slightly up by +0.1% at noon ahead of the US jobs data scheduled for this afternoon. Heavyweights in the chip and semiconductor sector are under significant pressure at the start of trading. In addition to the weaker-than-expected outlook from the US heavyweight Broadcom, a downgrade by Warburg Research on Infineon after the dynamic...
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