DAX reaches record high: Nvidia numbers ensure nervousness!

DAX reaches record high: Nvidia numbers ensure nervousness!

Wall Street, New York City, USA - The financial markets are in motion at the middle of the week. On Wall Street, the mood before Nvidia's number template was subdued. The DAX reached another record high before winning. In the end, the DAX closed at 24,038 points, which corresponds to a decline of 0.78% after it had reached 24,325 points in the meantime, such as Tagesschau.de reported.

The big technology companies were also the focus. The Dow Jones closed 0.58% low at 42,098 points and the Nasdaq 100 also gave 0.45%, which corresponds to a stand of 21,318 points. NVIDIA, as the world's largest supplier of AI processors, presented a quarter turnover of $ 44.1 billion after the Aviation conclusion and a profit per share of $ 0.81. Nevertheless, analysts expressed concerns about possible disappointments in the numbers.

oil prices and economic data

At the same time, the oil prices attract again. Brent was traded at $ 63.99 per barrel. The decision of the Opec+ and concerns about the offer should have played a significant role. While the euro fell by 0.4% to $ 1.1293, German import prices gave up by 1.7% in April, which indicates an enhanced inflation. The protocols of the FED meeting on May 7 show that the challenges of monetary policy continue to exist. The Federal Reserve left the key interest rate in the range of 4.25 to 4.50 percent because it expects potentially stubborn inflation.

additionally reported Manager-magazin.de Dax and its record high, which was influenced by the positive expectations of Nvidia.

market developments and corporate news

Rheinmetall caused a sensation in the German economy by increasing over 1,900 euros, which corresponds to a course plan of over 200% this year. MEAUHHILE, Unicredit plans to increase your participation in Alpha Bank from 10% to 20% and also consider takeovers from Commerzbank and Banco BPM. The development shows that the markets are still shaped by the strategic decisions of companies.

In another area, US Vice President JD Vance was positive about Bitcoin as a strategic advantage for the United States. Trump media company TMTG also plans investments in this cryptocurrency. These developments could draw investors' attention to the cryptom market and lead to a further discussion about the recognition of Bitcoin as a serious asset class. The topic of rising rents was also addressed. Aroundtown reported on net income of 295 million euros in the first quarter.

Today's market observation shows that while some areas shoot in record heights, others are confronted with uncertainties and strategic considerations. The financial market remains in motion and the coming weeks will be crucial for further development. For comprehensive analyzes and insights, interested readers can also consult Spiegel.de