Weak U.S. Market Cues and Profit Warnings Sharply Push Down the DAX – Bayer Rises After Upgraded Outlook – Daimler Truck and Cancom Under Strong Pressure After Guidance Cuts – Amazon Disappoints on Cloud Growth – AppFolio and Reddit Rally Sharply After Earnings!

After the DAX opened trading with losses of more than -1.2% following weak cues from U.S. benchmark indices, Germany’s leading index had to extend its losses during the session and is currently down -1.68%, clearly in negative territory . In addition to the ongoing tariff dispute and disappointing earnings from several U.S. Big Tech firms like Amazon, numerous profit warnings at the start of trading — as seen over recent sessions — further weighed on sentiment. Truck manufacturer Daimler Truck (-5.60%) slashed its annual forecast the previous...