
AI-generated summary
The quarterly reporting season is currently having a significant impact on trading activity on Wall Street.
Wall Street is under pressure: Alphabet disappoints with weak quarterly figures, while Microsoft impresses with strong Azure growth. Oracle surprises with optimistic cash flow outlook, but concerns are growing that the AI investment boom could be reaching its peak.
At the same time, the Fed is causing new interest rate speculation, while possible negotiations with Iran give hope for an easing of tensions in the Middle East. JP Morgan remains bullish despite the turmoil and is betting on a broader market recovery. Plus the most important quarterly figures from Eli Lilly, Caterpillar, Ford and many more.

Alphabet reported weaker growth than expected. Profit fell by a quarter to $26.2 billion. The high investments in AI infrastructure and data centers are causing investors to be skeptical about future profitability.

The US economy grew by 3.4 percent in the third quarter, driven by private consumption and AI investments. However, experts urge caution because the consumption boom and AI-supported dynamics are not sustainable given high interest rates and debt.

From 2027, the new retirement savings account will start as a Riester successor. It offers government support and tax advantages, but requires careful consideration of the costs and payment conditions as flexibility in retirement may be limited.

US GDP grew at an annualized rate of 3.4 percent in the third quarter. Despite inflation and high interest rates, private consumption remains the key growth engine shortly before the upcoming midterm elections.

ECB President Christine Lagarde will resign from her position early on February 7th. The Euro states immediately began the search for a successor in order to ensure stability in an economically critical phase.

The Douglas perfumery chain is closing twelve branches on October 31st as a precautionary measure due to announced protests. Luxury shops on Düsseldorf's Königsallee are also securing their stores against possible riots.