05.12.2024
Bitcoin breaks through $100,000 + JPMorgan upgrades SAP to 'Overweight' + Jefferies raises Hellofresh to 'Buy' with target up to EUR 16.50 + Auto1 and Evotec return to MDax
Bitcoin $BTC (-1.17%)jumped above $100,000 during the night
- The $100,000 mark has been a mark that has been eagerly awaited in the crypto scene for years.
- Tonight, Bitcoin briefly jumped to $104,000.
- Now, of course, everyone is waiting to see what happens next. Will the journey continue or will the correction come now? What do you think?
JPMorgan sees SAP $SAP (-0.03%)as the favorite for 2025
- The US bank JPMorgan has left its rating for SAP at "Overweight" with a target price of 260 euros.
- Analyst Toby Ogg maintains his preference for SAP and Sage in his 2025 outlook for the software and IT industry, which was published on Wednesday.
- Both shares are also on the "Analyst Focus List".
- SAP's sales growth is likely to accelerate until 2028.
Jefferies raises Hellofresh $HFG (+0.69%)to 'Buy' - target raised to 16.50 euros
- The analyst firm Jefferies has more than doubled its price target for Hellofresh shares from 7.50 to 16.50 euros and upgraded the shares from "Hold" to "Buy".
- The cooking box mail order company is ending two difficult years with a new focus on operating profit and cash flow, wrote analyst Giles Thorne in his buy recommendation published on Thursday.
- These plans are underpinned by stabilized box sales and growth in the newer ready-to-eat segment.
- In addition, there are still opportunities for optimization.
Auto1 $AG1 (+3.11%)and Evotec $EVT (+1.24%)return to MDax - No changes in the Dax
- Hamburg-based Evotec was only forced to leave the MDax in September, but since then the shares have risen again in view of a possible sale of the company.
- Auto1 was already a member of the MDax until spring 2022.
- As expected, there are no changes in the leading Dax index of the 40 heaviest stocks.
- Three companies are moving up to the SDax: The software company Nexus is benefiting from a takeover bid worth around 1.1 billion euros from financial investor TA Associates, which caused its shares to rise sharply.
- The scientific publisher Springer Nature made the leap just over two months after its IPO.
- The changes will take effect on December 23, one day before Christmas Eve.
Thursday: Stock market dates, economic data, quarterly figures
- ex-dividend of individual stocks
Qualcomm USD 0.85
- Quarterly figures / company dates USA / Asia
22:05 Hewlett Packard Enterprise Annual results
- Quarterly figures / company dates Europe
07:00 Aurubis detailed annual results and annual report
10:00 Merck KGaA: Media event "Artificial Intelligence at Merck"
11:00 KWS Saat AGM
14:00 Aurubis Analyst Conference | Safran Capital Markets Day
No time specified: Fuchs SE Capital Markets Day
- Economic data
08:00 DE: New orders October seasonally adjusted FORECAST: -2.0% yoy previous: +4.2% yoy
11:00 EU: Retail Sales October Eurozone FORECAST: -0.3% yoy previous: +0.5% yoy
14:30 US: Initial jobless claims (week) FORECAST: 215,000 Previous: 213,000
14:30 US: Trade Balance October FORECAST: -74.80 bn USD previously: -84.36 bn USD
