Markets sway as Powell faces pressure and tech takes hits - Jul 25, 2025 Podcast Por  arte de portada

Markets sway as Powell faces pressure and tech takes hits - Jul 25, 2025

Markets sway as Powell faces pressure and tech takes hits - Jul 25, 2025

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As of July 25, today’s news focuses on discussions surrounding Federal Reserve leadership and evolving market dynamics, alongside corporate developments in various sectors. Investors are closely monitoring the potential impact of Federal Reserve Chair Jerome Powell's tenure amidst increasing speculation about his future. President Donald Trump has criticized Powell for not reducing U.S. rates swiftly enough and has floated the possibility of his dismissal, although he later stated that such an action seemed unlikely following a productive meeting at the Federal Reserve. This meeting, focused on a costly renovation of the Fed's headquarters, saw Trump express increased pressure on Powell to align with his views on interest rates. Market reactions are being analyzed, particularly in light of recent fluctuations where Powell's job security briefly unsettled equity values, leading to a notable decline in the S&P 500 and the U.S. dollar when rumors surfaced about his potential removal. Market-wise, Italian energy group Eni reported a 25% decrease in its second-quarter profit largely due to declining oil prices, albeit surpassing analyst expectations. Eni has successfully reduced its debt, setting a robust course for the latter half of 2025 and beyond, as highlighted by positive analyst insights. In other news, Google has partnered with Italian firm Energy Dome to bolster its commitment to carbon-free energy through advanced energy storage technology. Meanwhile, major telecommunications company Telefonica is currently engaged in exclusive talks to sell its Mexican unit to Beyond ONE, with uncertainties surrounding regulatory approvals that could delay the transaction. In the tech sector, Intel's shares experienced a drop following dire forecasts of significant quarterly losses and potential cuts to its foundry operations under the new CEO. This comes as the company reassesses its strategic direction after lagging in the competitive chip market against rivals like Nvidia and AMD. On the EV front, LG Energy Solution has indicated a slowdown in electric vehicle battery demand, attributing this to impending U.S. tariffs and policy uncertainties. Nonetheless, the company is anticipating profit boosts through increased energy storage system production, as it adjusts to the evolving market landscape. Copper prices saw slight drops as traders prepare for anticipated U.S. tariffs set to take effect next month, with discussions of potential trade resolutions between the U.S. and the EU ongoing. From the international stage, Ukrainian President Volodymyr Zelenskiy confirmed the acquisition of three Patriot missile defense systems, with aspirations to secure additional units in response to continued aggression from Russia. In parallel developments, Israeli Prime Minister Netanyahu and President Trump appear to have shifted away from negotiating a ceasefire with Hamas, citing a lack of interest from the militant group.
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