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Prysmian Daily News Update

Prysmian Daily News Update

By: Prysmian S.p.A.
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About this listen

“Daily News Update” is Prysmian’s internal audio bulletin, created to share updates on company developments and industry trends. It covers the most relevant news about Prysmian, our sector, and beyond.Prysmian S.p.A.
Episodes
  • Markets, Milestones & Prysmian’s Surge: A Day of Shifting Targets and Big Moves - 1.7.2025
    Jul 2 2025
    A day marked by significant economic and environmental developments unfolds, with attention on key market shifts and legislative battles. Some highlights from the news include Prysmian's positive reception on Wall Street, with Deutsche Bank raising its target price for the company to 69 euros from 67 euros, reflecting confidence in its performance. Similarly, Jefferies has boosted its target for Prysmian from 68 euros to 72 euros, citing an expected positive update ahead of its upcoming quarterly results, primarily driven by continued growth in U.S. electrification and contributions from its Power Grids segment. Additionally, Prysmian has been recognized as one of the Top 40 most sustainable companies globally, with ambitious targets to reduce emissions significantly by 2030, well ahead of schedule. Turning to market updates, the U.S. Senate is grappling with internal divisions as it attempts to pass President Trump's expansive $3.3 trillion tax and spending bill. With votes expected soon, Republican leaders are scrambling to secure support while debates about cuts to Medicaid and other programs intensify. In global scenarios, the rare earth magnet industry is experiencing a shift as users are prompted to pay premium prices for supplies outside China, highlighting ongoing supply chain challenges amid evolving global trade dynamics. From the international front, Europe faces severe heatwaves prompting closures of schools in France and warnings about increased wildfire risks. Meanwhile, the U.S. Supreme Court's recent rulings have dealt significant blows to environmental protections, drawing criticism from advocates concerned about public health and safety. As the day progresses, these developments encapsulate a world where sustainability, economic stability, and legislative action remain interlinked and of paramount importance.
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    2 mins
  • Markets Rally as Tariff Talks Ease and Fed Eyes Rate Cuts - 27.6.2025
    Jun 27 2025
    Today's market reflects optimism as expectations shift regarding trade tariffs between Europe and the United States. Some highlights from the news reveal that European stock markets, buoyed by these hopes, saw increases, particularly in Paris, where the index rose 1.2%. Milan's Borsa also showed positive momentum, ending nearly 1% higher, with Prysmian and Ferrari outpacing the gains. Turning to market updates, U.S. stock index futures are on the rise, with investors projecting potential rate cuts from the Federal Reserve as they await crucial inflation data. This comes amid a landscape where a ceasefire in the Middle East allows investors to focus on domestic economic indicators, which suggest a dovish monetary policy may be necessary. In global scenarios, copper prices saw a slight dip following disappointing industrial profit data from China, signaling a drop in factory activity. However, experts note that underlying demand remains strong, particularly related to investments in energy infrastructure. From the international front, U.S. Defense Secretary Pete Hegseth reported no evidence that Iran transferred its enriched uranium to avoid potential strikes, following military operations targeting Iranian facilities. The implications of these actions are significant as they affect diplomatic relations and nuclear oversight. As these narratives unfold, the interplay between global markets, technological advancements, and geopolitical developments continues to shape the landscape moving forward.
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    2 mins
  • Ceasefires, Circuits, and Summits: A World in Flux - 27.6.2025
    Jun 27 2025
    Today's news reflects a complex interplay of global tensions, market strategies, and diplomatic efforts. Some highlights from the news reveal that the ceasefire brokered by U.S. President Donald Trump between Iran and Israel appears to be holding, with Trump's envoy indicating promising talks may lead to a long-term peace. Following a devastating air war, both sides claim successes, but casualties in Iran and Israel raise questions about the conflict's aftermath, as reported by Reuters. Turning to market updates, Portugal's energy minister is advocating for EU co-financing to modernize European grids, aiming to prevent further outages like the one experienced in Iberia. Meanwhile, Verizon has secured a private 5G contract for Thames Freeport, enhancing connectivity for industrial applications amid the gradual adoption of this technology in European ports. In global scenarios, a U.S. judge temporarily blocked the Trump administration from withholding electric vehicle charging infrastructure funds, signaling potential legal battles over the federal government's authority. The EU has also agreed to loosen gas storage rules, aiming to alleviate market pressures as winter approaches. From the international front, Trump's NATO summit remarks reassured allies of U.S. commitment, emphasizing increased defense spending amid evolving geopolitical threats. Simultaneously, the rhetoric between China and Taiwan escalates, with historical interpretations fueling tensions as Taiwan asserts its sovereignty. As the day unfolds, the emphasis on strategic diplomacy and regulatory landscapes suggests a shifting global order with potential long-term implications for peace and economic stability.
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    2 mins

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