Market report: DAX again above 25,000 factors | EUROtoday


market report

As of: February 25, 2026 • 10:55 a.m

Thanks to a very good temper on Wall Street, the DAX was in a position to achieve floor once more in the midst of the week. The subject of AI is once more dominating occasions. There is a vital date this night.

The German inventory market is recovering after yesterday’s bumpy buying and selling day. The DAX gained 0.2 p.c to 25,047 factors within the morning.

Yesterday, the German main index needed to reveal the spherical mark of 25,000 factors in view of the customs considerations.

However, Wall Street had regained its footing due to constructive alerts from the sphere of synthetic intelligence (AI). The main index Dow Jones rose by 0.8 p.c to 49,174 factors. The information that the AI ​​startup Anthropic and its chatbot Claude is looking for partnerships with different firms introduced some aid. The day earlier than, the tech sector had suffered from considerations about competitors from Anthropic.

Concerns in regards to the new US tariffs and the Iran battle have, nonetheless, light into the background in the meanwhile.

In addition, a billion-dollar deal between the chip firm AMD and the Facebook group Meta induced a stir. Meta needs to buy AI chips for as much as 60 billion {dollars} and may improve its stake in AMD to as much as ten p.c.

New AI fantasy additionally boosted costs on the Asian inventory exchanges. Investors primarily guess on Korean chip producers, that are seen as a protected guess on the AI ​​increase. The Japanese Nikkei index rose by 1.9 p.c.

Market individuals are actually ready with specific pleasure for the quarterly figures from the AI ​​chip producer Nvidia, which might be introduced at present after the top of US buying and selling. The figures are seen as an vital take a look at of the general tech euphoria. The key query is whether or not demand for AI chips meets the business’s excessive expectations.

US President Donald Trump’s keynote speech on the State of the Union had little affect on costs after buying and selling. In the record-long speech, Trump constantly praised his authorities’s successes and as soon as once more defended his customs coverage – with out giving any particulars in regards to the design.

Overall, the euphoria on the German market is proscribed. All three DAX firms that introduced their quarterly figures at present are within the purple this morning.

The healthcare group Fresenius ended the final monetary 12 months with a rise in earnings due to development within the Kabi drug division and the Helios clinic chain. The adjusted working consequence (EBIT) rose by 4 p.c to nearly 2.6 billion euros in 2025. Sales grew by 5 p.c to 22.55 billion euros. Organic development was seven p.c and thus reached the higher finish of the forecast.

The power firm E.ON additionally reported development, however this was met with profit-taking. Thanks to billion-dollar investments in increasing the power community, E.ON elevated its adjusted working revenue in 2025 and is planning additional investments of 48 billion euros by 2030. A inventory alternate skilled attested that the Essen-based firm had strong figures general that had been above expectations. However, the outlook assumes decrease earnings within the present 12 months.

The constructing supplies group Heidelberg Materials as soon as once more achieved a report working lead to 2025 and desires to extend its consequence this 12 months too. Although the development sector continues to be characterised by fluctuations in some areas, the stabilization within the core markets is constant, mentioned CEO Dominik von Acht.

Nordex shares are in excessive demand. The increase in demand for wind energy has introduced the plant producer a report degree of incoming orders and a leap in earnings in 2025. The surplus shot as much as 274 million euros from 8.8 million the 12 months earlier than. Sales climbed from 7.3 to 7.6 billion euros. Order consumption reached a report degree of 10.2 gigawatts.

“Last year was an important milestone for the Nordex Group,” defined CEO José Luis Blanco. In addition to the growing demand, the wind turbine specialist can also be benefiting from sooner approval procedures. In the present 12 months, gross sales are anticipated to extend to eight.2 to 9.0 billion euros.

https://www.tagesschau.de/wirtschaft/finanzen/marktberichte/marktbericht-wall-street-trump-100.html