Wall Street with Losses – SAP Crash Sends DAX Tumbling – Gold Plummets – Tesla Invests Billions in xAI – Meta Enthralls Investors with AI Efficiency – IBM Shines with Quantum Alliance and Strong Numbers – Microsoft Suffers from Cost Explosion

Wall Street in the red Thursday's trading day proved to be a stress test on the international financial markets. The Dow Jones loses around 0.7% and the broad-based S&P 500 drops by 1%. The tech-heavy Nasdaq falls by 2.05%. The US Federal Reserve played a subordinate role as expected, leaving interest rates unchanged. Gold loses 4.69% after the strong rise of the past few days. The Fed's monetary policy decision from the previous evening hardly plays a role anymore since the US central bank keeps the interest rate unchanged as anticipated,...