Financial Summary: Thursday, July 17, 2025
Financial news summary and key insights from Thursday, July 17, 2025. Browse summaries by category below.
Markets
Jim Cramer warns that the potential removal of Fed Chair Powell could disrupt markets and economic policies.
The FDIC has eased asset regulations for small banks, reducing their regulatory burden compared to larger banks.
Indian equity markets declined, with the BSE Sensex falling by 375.24 points amid investor caution regarding U.S. economic policies.
Foreign institutional investors are increasing stakes in smallcap stocks, with several stocks surging over 50% this year.
European shares rebounded after strong earnings from ABB and optimism over U.S.-EU trade negotiations.
Japan's Nikkei index gained as a weaker yen improved market sentiment, with chip stocks recovering.
Despite the overall market decline, the Nifty Realty index rose by 1.24%, indicating strength in the real estate sector.
US stocks opened higher as investors reacted to fresh economic data and positive earnings from Taiwan's TSMC, boosting U.S. chipmakers.
The Indian stock market closed lower, influenced by declines in financial and IT sectors amid uncertainty over the Federal Reserve's leadership.
The S&P 500 and Nasdaq reached new highs, buoyed by strong earnings reports, including from PepsiCo.
Pimco, a major bond manager, remains unfazed by President Trump's threats against Fed Chair Powell, maintaining its current portfolio strategy.
Senator Elizabeth Warren is scrutinizing private credit markets, seeking information from major rating agencies on their risk assessment practices.
Companies
Couche-Tard has withdrawn its $46 billion bid for 7-Eleven's parent company, Seven & i, due to insufficient engagement.
Coinbase has launched a new consumer app utilizing stablecoins to expand its user base beyond traditional crypto trading.
Reliance Power's board has approved a Rs 6,000 crore fundraising plan through a Qualified Institutional Placement.
HDFC Bank's CEO, Sashidhar Jagdishan, has become India's highest-paid banker with a salary exceeding ₹12 crore.
Wipro's ADR surged over 5% after the company announced an 11% YoY increase in Q1 net profit to ₹3,330 crore.
Netflix reported a strong second quarter with a 16% revenue growth and an earnings beat.
Uber has partnered with Lucid and Nuro to deploy over 20,000 robotaxis, investing $300 million in the initiative.
Amazon continues its layoffs in the cloud computing sector, cutting more than 27,000 jobs since 2022.
India
The Reserve Bank of India is advancing the Unified Lending Interface to improve regulatory compliance in the financial sector.
India's billionaires, including Ambani and Adani, received over ₹40,000 crore in dividends for FY25, reflecting strong corporate earnings.
Real estate transactions in India fell by 8% in the first half of 2025, totaling USD 2.5 billion despite an increase in deals.
Godrej Properties has acquired 50 acres in Raipur for a new premium residential project, expanding into emerging markets.
Concerns are rising over India's defense sector following a ₹1,700 crore sell-off, raising questions about its growth sustainability.
SEBI has raised alarms over the increasing trend of ultra-short-term derivatives trading, warning it may threaten capital market stability.
Experts predict significant growth in India's alternative investment market as investors seek higher returns with lower risk.
World
Japan's exports have declined for the second consecutive month, raising concerns about a potential recession amid stalled U.S. trade negotiations.
The UK and Germany are strengthening their military sales collaboration, with Germany adopting a more pragmatic stance on arms exports.
The Trump administration is nearing a trade deal with India as a high-level delegation visits Washington.
Zangge has suspended lithium production in China's Qinghai province, affecting the global lithium supply chain.
Tech
Defense manufacturing startup Hadrian has secured $260 million in Series C funding, led by Peter Thiel's Founders Fund.
AI startup Perplexity has achieved a valuation exceeding $18 billion following its latest funding round.