Tech Rally in Hangover Mode – Wall Street Awaits Powell - Tech Giants Lose - DAX Corrects - Defense Stocks Under Pressure - Analog Devices Shines With Record Quarter - Palantir Plummets Despite Record Revenue - Intel Under Pressure

Tech rally in hangover mode – Wall Street awaits Powell Tech giants are losing their glory After weeks of record-breaking highs, the US markets are taking a breather. On Wednesday, Wall Street opens weaker: The Dow Jones is down 0.28% at 44,797 points, the S&P 500 retreats by 0.82% to 6,361 points, and the NASDAQ drops even further by 1.89% to 20,912 points. Investors are cashing in on profits, especially in tech stocks – an index of the "Magnificent Seven” consisting of Apple, Meta, Microsoft, Amazon, Alphabet, Nvidia, and Tesla...