Recovery fizzles out – Wall Street gives back its gains, tech stocks lead the retreat – oil drops below 89 USD, but even Middle East hopes fail to support the market – GSK acquires cancer researcher Nuvalent – Sandisk rides the storage wave – SailPoint plunges despite glittering numbers – Applied Digital secures 5.2 billion hyperscaler deal – Symrise keeps the DAX up, SK Hynix ignites chip recovery with plus 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...