DAX slightly lighter, market processes tech data from HP, Dell and Zoom

The DAX is a little weaker today, after this we just marked a new monthly high yesterday. The reluctance may have to do with the last full trading day on Wall Street before the US holiday and the amount of data that is still coming across the tickers today.

We are talking about this in detail with our dealer Erdem, classifying the price increase in the DAX in recent weeks in the medium-term picture and today we took a closer look at the technology sector.

Another hardware supplier from the USA, HP, has presented its balance sheet. As with Dell, which we also photograph, business has become more difficult. In this context, job cuts are now pending, which will correspond to a savings plan of 1.4 billion per year in the future.

Incidentally, Warren Buffett, as the world’s best-known investor, has been heavily invested in this stock since the first quarter of 2022. Does he have the right perspective for rethinking the industry? After all, most of the sales came from the special boom during the Corona period.

The third value is Zoom Video Communications, whose growth rates have almost come to a standstill. The share is thus clearly approaching the level of the first trading day in 2019. The chart shows a long way from the all-time high of around 500 US dollars.

By looking at the dates already published for the day, you have a comprehensive view of today’s trading day.

Come well informed with TRADERS´ media GmbH and the LS Exchange through the trading day.

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