As of August 7, today’s news features Prysmian reaching a historic high in its stock price and relevant developments in global trade dynamics following tariff changes imposed by the U.S. Prysmian has achieved a new all-time high, trading at 73.98 euros per share shortly after the opening of Wall Street, marking a 4.4% increase close to the end of European trading. This surge is also attributed to a positive reevaluation by analysts at Jefferies, who have raised their target price from 72 euros to 84 euros. The company's competitive edge stems from its U.S. manufacturing capabilities, which allow it to navigate tariffs on copper imports imposed by President Trump. Since the significant market downturn in early April, Prysmian's stock has regained significantly highlighting its strong performance amidst market uncertainties linked to economic conditions in Europe. Turning to international trade, President Trump has initiated increased tariffs on imports, elevating the average U.S. import duty to the highest level in a century. Effective immediately, these tariffs range from 10% to 50% and have sparked swift negotiations among major trade partners, including Brazil and India, who remain defiant in the face of these levies. This shift aims to reduce the U.S. trade deficit; however, it has raised concerns about potential disruptions to global supply chains and inflationary impacts. On the financial side, global technology stocks have seen a notable uptick as Apple, alongside other tech firms, experienced a rally following Trump's announcement of tariff exemptions for companies committed to U.S. manufacturing. Apple’s stock rose by 2%, recovering losses from earlier in the year, as it plans an additional investment of 100 billion dollars in the American market. Meanwhile, TotalEnergies has made the strategic decision not to invest in NextDecade’s fifth liquefied natural gas project in Texas, citing a need to prioritize less costly projects as it reevaluates its global LNG strategy. This indicates a shift in focus towards projects with potentially lower financial exposure, especially in light of rising construction costs exacerbated by U.S. tariffs. From the international front, recent announcements regarding a forthcoming meeting between Trump and Putin have heightened attention on U.S.-Russia relations, particularly in connection with the conflict in Ukraine. Trump's threats of new sanctions against nations, including those participating in purchasing Russian oil, could further complicate the geopolitical landscape.

As of August 6, today’s news sees relevant developments for Prysmian, including increased target prices from Jefferies and Deutsche Bank, along with an upgrade in ESG ratings. Prysmian has garnered positive attention from financial analysts, with Jefferies raising its target price from 72 euros to 84 euros, while Deutsche Bank increased its target from 69 euros to 78 euros. Moreover, Prysmian has received a noteworthy upgrade in its ESG rating from MSCI, moving from an "A" to "AA." This improvement recognizes Prysmian's advanced employee management practices, including training programs and performance incentives, as well as its effective waste management and pollution control strategies. MSCI said that the company’s governance practices, noted for their strong independent oversight, were praised, underscoring Prysmian's commitment to its stakeholders in environmental and social governance matters. “We are constantly committed to listening and understanding how to improve our approach to environmental, social, and governance matters, thanks to an ongoing dialogue with external stakeholders,” said Maria Cristina Bifulco, Prysmian’s Chief Strategy Officer. Turning to broader market dynamics, Siemens Energy indicated it expects to achieve the upper end of its growth outlook for 2025, attributing this optimistic forecast to robust U.S. demand for gas turbines and power transmission equipment, despite the impact of tariffs. CEO Christian Bruch noted that while tariffs have affected profits, the company remains well-positioned thanks to its strong U.S. presence. In related news, Apple intends to announce a substantial 100 billion dollars investment in domestic manufacturing, aiming to bolster its presence in the United States amid ongoing trade tensions, which have affected its operations. Meanwhile, Duke Energy announced a significant increase in its capital expenditure to 87 billion dollars, primarily aimed at addressing growing electricity demand driven by advancements in technology and population growth. This strategy includes the sale of a portion of its Florida business to manage funding and debt more effectively. In Germany, the offshore wind sector faces challenges as a recent auction did not attract any bids, prompting concerns from Economy Minister Katharina Reiche regarding site selection and market conditions. These dynamics reflect broader anxieties in the renewable energy sector as project costs rise amid geopolitical tensions. On the international front, U.S. President Donald Trump escalated trade tensions with India by imposing a new 25% tariff on certain goods, citing India's continuing imports of Russian oil. This decision is anticipated to significantly disrupt key Indian export sectors and deepen the rift between the two nations, complicating the geopolitical landscape further.

As of August 5, today’s news focuses on trade relations between the European Union and the United States, alongside developments in Europe's energy sector. An EU official has expressed anticipation of ongoing turbulence in trade relations with the U.S., despite optimism regarding a framework deal that caps tariffs on European exports at 15%. With new tariff rates about to take effect, the EU is awaiting executive orders from Washington that will confirm reductions on certain imports like cars and car parts. The official emphasized that while challenges remain, the EU has a solid foundation in its trade approach. Turning to market dynamics, Reuters says that Europe's ageing coal and gas power plants are set for a technological transformation as major tech firms look to convert these sites into data centers. Companies like Engie, RWE, and Enel are poised to capitalize on a surge in AI-driven energy demand by leveraging existing infrastructure for data storage and processing, which could ease the cost pressures of decommissioning older plants. Tech giants such as Microsoft and Amazon are particularly interested in these conversions due to their existing access to power and water infrastructures, enabling quicker deployment compared to traditional data center setups. In a related development, Duke Energy is significantly increasing its capital expenditure to 87 billion euros to meet the growing demand for electricity in the U.S., driven by AI technologies and electrification initiatives. This expansion will include selling a stake in its Florida unit for 6 billion euros to fund its infrastructure plans. Looking outward, a growing number of Chinese companies are undeterred by geopolitical tensions and are pursuing listings on U.S. exchanges. In 2024, there was a record number of these IPOs, with more expected in 2025 as firms find U.S. markets more appealing than their home market amidst tightening domestic regulations. From the international front, Russian President Vladimir Putin appears resolute in continuing military operations in Ukraine despite impending sanctions from U.S. President Donald Trump, showcasing the persistent volatility in geopolitical relations.

As of August 4, today’s news sees financial updates including a revised target price for Prysmian and notable events in the energy sector. Prysmian received a ratings boost from Citigroup, which raised its target price for the company from 69 euros to 79 euros. In another major corporate news, Tesla has awarded CEO Elon Musk with 96 million new shares valued at approximately 29 billion dollars. This share award aims to retain Musk's leadership amid ongoing legal challenges regarding his previous compensation package, which was ruled unfair to shareholders. Tesla's focus seems to be shifting from electric vehicles to advancements in AI and robotics, emphasizing the company's strategic pivot towards new technological frontiers. Furthermore, Google has taken proactive steps to ensure energy efficiency in its operations. The company has entered into agreements with utilities to reduce power consumption during peak demand periods, amidst rising concerns about the electricity needs of AI data centers. Turning to market updates, copper prices saw a 1% increase on Monday, driven by fears of supply disruptions following a fatal mining accident at Chile's El Teniente mine. The prices were partially constricted by broader economic uncertainties. Chilean mining giant Codelco has halted operations at the site after a tremor led to a collapse that resulted in six worker fatalities. Meanwhile, energy technology firm Lummus Technology has filed for an IPO amid increasing domestic energy production initiatives, while India’s GreenLine Mobility Solutions plans a substantial investment in electric trucks for Hindustan Zinc as part of a decarbonization effort. In the oil sector, BP announced its largest discovery in 25 years offshore Brazil, potentially revitalizing its portfolio as the company transitions focus back towards fossil fuels in an effort to regain investor confidence. The new find may enhance BP's production capabilities significantly, as it plans to establish a major output hub at this site. From an economic perspective, Wall Street futures stabilized following a sharp downturn last week triggered by disappointing U.S. job reports. The recent labor market data have led traders to anticipate multiple interest rate cuts by the Federal Reserve soon, a shift that has buoyed market sentiment.

As of August 1, today’s news features Prysmian’s organizational changes and financial updates alongside global market reactions to new U.S. copper tariffs. Prysmian has announced a strategic reorganization to bolster its "Accelerating Growth" strategic plan, effective immediately. Internal appointments have been made, placing Cinzia Farisè in charge of the Electrification business while retaining her role in Power Grid, and Maria Cristina Bifulco leading the newly integrated Strategy, M&A, Investor Relations & Communication function. Srinivas Siripurapu will take on an extended role focusing on Sustainability, R&D, and Innovation. These changes follow Prysmian's excellent results in the first half of the year. Mediobanca Research has raised its target price for Prysmian from 74 euros to 80 euros, while Kepler Cheuvreux has raised it to eur 80 from eur 74. In the copper market, U.S. prices stabilized after a dramatic drop following Trump's tariff exemptions on refined copper. This recent fluctuation comes against the backdrop of potential disruptions from rising inventories and the ongoing decline in Chinese manufacturing activity, which has intensified supply concerns. Furthermore, China's refined copper output is projected to reach a record high in 2025, despite a global shortage of copper ore that challenges competitors. Reports reveal that major solar firms in China have laid off nearly a third of their workforce, a reflection of the industry's struggles with overproduction and sagging demand. On the international front, the markets have reacted sharply to significant tariffs imposed by U.S. President Donald Trump on numerous trading partners, causing global stock markets to dip. With tariffs on imports from Canada (35%), Brazil (50%), India (25%), and others, the move has generated widespread concern among investors. This escalation brings the effective tariff rate to about 18%, up from 2.3% last year, according to analysts at Capital Economics, which has heightened fears of a market downturn, notably impacting European stock indices. In India, the renewable energy sector continues to grapple with delays, as stranded projects have more than doubled, indicating challenges in achieving the country’s energy transition goals. Meanwhile, the European Union's court ruled favorably for wind farm developers in Spain, which could help clear obstacles for investment in renewable energy projects.

As of July 31, today’s news is dominated by Prysmian's significant financial updates and developments in copper tariffs. Prysmian increased its guidance for the full year 2025 after beating consensus in its first half and second quarter results. Prysmian was able to improve its guidance thanks to the contribution from Channell and from its performance in the first half of the year, it said in a press releases. Massimo Battaini, Prysmian CEO, reacted in the morning call with media and analysts giving his view on how Prysmian will be well positioned in the light of the latest announcement on copper tariffs from the Trump administration yesterday evening in which the Trump administration set a 50% tariff on finished materials in the copper sector including cables but also excluded raw materials. As a result Massimo Battaini, Prysmian CEO, said this is a positive for Prysmian which is well protected compared to competitors in the copper space and this could also, according to Reuters reporting, sustain higher margins according to the CEO Battaini. The share price rose as much as 4% during the day, based on the positivity issued by Prysmian as positive the impact from the tariffs as well as improvement in the exchange rate, may lead to an upside to guidance later on in the year. Battaini told a media call that the guidance may be prudent but Prysmian’s position is much stronger than it was 24 hours previously, in the morning call with journalists. Prysmian closed the day at +2.74%, with several analysts maintaining bullish ratings and JP Morgan upgrading the target price to 82 euros. In competitor news, Schneider Electric confirmed its 2025 outlook amidst strong demand for its data center solutions, reporting an 8.3% revenue growth in the second quarter, driven largely by its energy management division. However, they fell during trading. This momentum aligns with broader market trends emphasizing electrification and increased investments in data centers. Meanwhile, as mentioned before, in the global copper market, U.S. President Donald Trump's mixed signal regarding copper tariffs resulted in a significant shift in copper prices, with premiums over global benchmarks diminishing sharply following his announcement of a 50% tariff on specific copper products. Analysts expect this could lead to a tightening supply and potential price hikes in the future as the global market recalibrates to these developments. Elsewhere, major announcements from China reflect ongoing industry adjustments, particularly in polysilicon production, where top firms are exploring capacity reductions to stabilize prices amid an overcapacity crisis.

As of July 30, today’s news features Prysmian's upcoming earnings report and performances from competitors in the cable and manufacturing industry. Prysmian is set to announce its results on July 31, with Blooomberg analysts estimating a net income of approximately 387.6 million euros and revenue at around 9.61 billion euros for the first half of the year. Key revenue expectations include 1.49 billion euros from transmission sales, 1.83 billion euros from power grid sales, and 5.58 billion euros from electrification sales. Turning to competitors, Nexans saw its shares rise 3.2% following a strong first-half performance that exceeded market expectations and a favorable revision of its full-year EBITDA forecast. Factors contributing to this surge included strong growth in its Grids and Metallurgy segments, benefiting from U.S. tariffs. However, the company faces some leadership turnover, as Deputy CEO and CFO Jean Christophe Juillard is set to step down, which might bring some volatility to the stock. Analysts at Jefferies and J.P. Morgan noted that the unexpected guidance upgrade suggests robust growth expectations for the second half of 2025. In broader market news, copper prices fell to a one-week low amid concerns over demand linked to looming U.S. tariffs. Additionally, significant developments came from Tesla, which has finalized a 4.3 billion dollars deal with LG Energy Solution for battery supply, emphasizing strategies to reduce dependence on Chinese imports. Meanwhile, Schneider Electric announced its acquisition of Temasek's stake in its Indian joint venture for 5.5 billion euros, signaling its intent to strengthen its operations in a fast-growing market. Furthermore, Fincantieri posted a jump in first-half revenue driven by its defense and underwater businesses. The Italian shipbuilder said that its revenue rose 24% to 4.58 billion euros in the six months to June 30. On a broader scale, the U.S. reports indicate a rebound in economic growth, with the GDP for Q2 illustrating a 3% annualized increase, primarily influenced by a sharp decline in imports due to tariffs, yet analysts caution about underlying weaknesses. This data precedes a pivotal Federal Reserve meeting where interest rates are anticipated to remain unchanged despite pressure for cuts from President Trump.

As of July 29, today’s news focuses on discussions surrounding U.S.-EU trade relations and their impact on global energy and corporate sectors. A significant highlight is the skepticism surrounding the European Union's commitment to a 250 billion dollars annual purchase of U.S. energy supplies. Analysts argue that this demand is unrealistic, requiring the redirection of the majority of U.S. energy exports towards Europe, given the EU's current import levels stood at approximately 76 billion dollars. The implications of the framework trade deal, which also includes a 15% tariff on most EU goods, are far-reaching, with competition from countries such as Japan and South Korea vying for U.S. energy exports, adding further complexity to the situation. In market news, corporate earnings outlooks in Europe have improved following the trade agreement, with expectations for an average growth of 1.8% in second-quarter earnings, a considerable upward revision from previously anticipated declines. However, projected revenue is expected to fall by 3.3%, indicating ongoing challenges for many businesses. Turning to the energy sector, Terna reported a 26.6% annual rise in its capital expenditure (CAPEX) in the first half, accelerating its investment in the Italian electricity system. The record high CAPEX totaled 1.32 billion euros between January and June, the company said. Earnings before interest, taxes, depreciation and amortisation (EBITDA) came in at 1.36 billion euros, up 8.2%. Furthermore, Spanish utility Endesa is facing a 240 million dollars claim related to a long-term LNG supply contract dispute, amid an arbitration process that could extend into 2025. This case highlights the growing challenges in the LNG market, particularly as Endesa navigates pricing pressure and existing contracts. In telecommunications, Orange has hinted at potential consolidation talks with rival SFR while reporting a 3.8% rise in half-year core earnings. The company also plans to finalize its Spanish fiber network joint venture with MasMovil, further indicating a strategic shift in its operations within the competitive European telecommunications landscape. Meanwhile, the sentiment in the copper market remains cautious. Prices dipped slightly as traders anticipate the implications of U.S. trade discussions with both Chile, the leading copper producer, and China, as U.S. tariffs on copper are scheduled to take effect on August 1. On a broader scale, Australia is expanding its Capacity Investment Scheme to bolster investment in renewable energy projects, addressing the urgent need for new generation capacity as its existing coal-fired stations age. This move signals a commitment to enhancing its energy infrastructure in line with climate objectives. Elsewhere, North Korea conveyed that the U.S. must adapt to a new nuclear reality, signaling a reluctant stand on dialogues previously held with the U.S. regarding its nuclear program. The geopolitical implications of such statements continue to shape international relations in the region.

As of July 28, today's news sees developments in the energy sector, particularly involving Prysmian, as well as notable trade discussions between the EU and the United States. Prysmian has secured a framework agreement with Terna worth a potential total of 382.5 million euros, aimed at enhancing the Italian power grid over the next three years, with an optional fourth year. This deal stipulates that Prysmian will provide High Voltage Alternating Current (HVAC) cables and maintenance services. Terna intends to purchase a minimum of 50 kilometers of high voltage cables annually, potentially increasing that volume. This collaboration underscores Prysmian's commitment to supporting Italy's energy transition while also bolstering domestic production, particularly from its facility in Pignataro Maggiore (Caserta), where recent investments have increased production capacity. Turning to global trade dynamics, the EU and the United States have agreed on a quota system regarding steel and aluminium trades, although the specific limits are still under discussion. This agreement will link quotas to historical import levels, with higher tariffs applied if these quotas are exceeded, likely impacting competitive pricing and availability in both regions. However, the EU's trade deal has been met with criticism, particularly from France, where Prime Minister François Bayrou expressed concerns about its implications for EU sovereignty, as it subjects many exports to a 15% tariff. This discontent resonates within other sectors, including industry leaders from Germany, who see the agreement as detrimental to their export-driven economy. Green politicians in the European parliament have criticised the EU-US trade deal for undermining the EU’s climate commitments. In market news, renewable energy firm Cox has made a 4.7 billion euros bid for Iberdrola’s assets in Mexico, a strategic move reflecting a significant shift in the energy landscape as Iberdrola continues to withdraw amid political instability. Furthermore, Iberdrola and Ireland-based data centre operator Echelon are creating a joint venture to develop and operate data centres in Spain. Iberdrola sees booming demand for data centres as one of the main drivers of future growth both for its grids and renewable energy businesses. On the global stage, in addition to the EU-US trade discussions, negotiations regarding the ongoing conflict between Ukraine and Russia remain tense. President Trump has set a new 10-12 day deadline for Russia's compliance with a truce, demonstrating a shift towards a more aggressive stance on sanctions against Moscow.

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.