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.