The DAX 40 edged up on Thursday, rising 0.6% toward 24,900, following two consecutive downbeat sessions, led by gains in tech stocks, while easing oil prices amid progress in US-Iran ceasefire provided further support. Micron Technology delivered stronger-than-expected earnings and forecast robust demand for AI memory chips, reigniting optimism over artificial intelligence spending and lifting technology stocks after the recent global selloff. Infineon Technologies led gains among stocks, surging over 5%. Other top performers included RWE, Siemens Energy, E.ON and Adidas, rising up to 1.9%. Volkswagen rose 1.5%, with the company agreeing to sell a majority stake in engine maker Everllence to Bain Capital for €7.4 billion, as part of efforts to streamline operations and raise cash from the former wholly owned subsidiary. On the flip side, Fresenius Medical Care (-4.3%), Deutsche Borse (-2.1%) and SAP (-2.1%) were the biggest laggards.

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