FRANKFURT (dpa-AFX) – After a three-day recovery, there is likely to be little change in the DAX on Thursday. The broker IG valued the German leading index 7 points lower at 24,730 points two and a half hours before the Xetra launch. The day before, the Dax temporarily rose to 24,885 points, but did not quite reach its monthly high of 25,152 points.
The quarterly report from the AI group Nvidia, which was published late on Wednesday evening after the stock market closed in the USA, was eagerly awaited. Before the figures were announced, the S&P 500 and the NASDAQ 100 had returned to their recent records.
Nvidia (NVIDIA) apparently initially impressed analysts in particular, some of whom had already raised their price targets. However, the shares fell slightly after trading, having risen by a good third since the end of March.
The expectations of the so-called “buy side” were extremely high. These include market players such as asset managers, pension funds, hedge funds and asset managers.
According to Jefferies analyst Blayne Curtis, Nvidia has delivered in every respect. However, the expert still sees certain concerns among investors, for example with regard to the business with modular data center architectures (XPU)./ag/zb
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