The Recovery is Over – Wall Street Loses its Gains, Tech Stocks Lead the Retreat – oil Drops Below $89, but even Middle East Hopes Fail to Support the Market – GSK Acquires Cancer Researcher Nuvalent – Sandisk Rides the Storage Wave – SailPoint Plunges Despite Brilliant Figures – Applied Digital Secures $5.2 Billion Hyperscaler Deal – Symrise Keeps the DAX up, SK Hynix Ignites Chip Recovery with +8%

USA & MACRO-ENVIRONMENT The attempt at a technology-driven recovery is faltering – ultimately turning negative . What starts as a second consecutive day of recovery quickly loses momentum: The initially built gains fade away before Wall Street gives up all its advances and turns negative. Particularly the technology stocks, previously celebrated as the locomotive, come under pressure again – the Nasdaq 100 shows a decrease of around 0.73%, indicating its weakest condition, while the broad S&P 500 also retreats. The hoped-for stabilization...