FRANKFURT (DEUTSCHE-BOERSE AG) – Magnificent 7, AI and semiconductor companies, as well as crypto profiteers, dominate trading in foreign stocks. But a few others have also made it to the top of the list, specifically weight gainers and a luxury goods company.
January 17, 2025. FRANKFURT (Frankfurt Stock Exchange). Tech stocks remain the most popular in trading in foreign stocks on the Frankfurt Stock Exchange, but the sales leader in December was not Nvidia, but electric carmaker Tesla. The background: Tesla CEO Elon Musk’s close relationship with the future US President Trump, from which Tesla was able to benefit. The value of Tesla shares doubled between October and December, in both US dollars and euros. On the Frankfurt Stock Exchange, the shares peaked at 465 euros in December, up from less than 200 euros in October. In the meantime, the euphoria has subsided somewhat, with the price now at 412 euros.
“Tesla still…
