Prysmian in focus as Fed turmoil shakes markets - Jan 26, 2026 cover art

Prysmian in focus as Fed turmoil shakes markets - Jan 26, 2026

Prysmian in focus as Fed turmoil shakes markets - Jan 26, 2026

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 As of January 26, today’s news sees analyst assessments of Prysmian and rising political pressure on the US Federal Reserve. In particular, Prysmian has garnered attention as it continues to strengthen its portfolio with strategic acquisitions. Specifically, Intesa Sanpaolo has reaffirmed its "buy" recommendation for Prysmian, maintaining a target price of 99.5 euros, following the group's acquisition of the Spanish company Acsm, a leader in submarine cable installation solutions. Analysts believe this move is not only accretive but strategically aligns with Prysmian's goals. Conversely, Intermonte has maintained a "neutral" rating on Prysmian, with a target price of 85 euros, noting that while the acquisition enhances the company’s global leadership in the submarine cable sector, its financial impact is seen as non-material. Meanwhile, the Federal Reserve is expected to hold interest rates steady this week at a meeting overshadowed by a Trump administration criminal investigation of US central bank chief Jerome Powell, an evolving effort to fire Fed Governor Lisa Cook, and the coming nomination of a successor to take over for Powell in May, Reuters said. In broader market terms, copper prices have shown volatility, hovering near a one-week high, influenced by a weak dollar, while tin has retracted from its recent record levels. The price for copper on the Shanghai Futures Exchange closed up by 1.26%, while the London Metals Exchange reported a slight drop. This fluctuation is attributed to geopolitical concerns which are affecting investor sentiment and thus impacting commodities. On the renewable energy front, a notable pact among several European nations, including the UK and Germany, will see a commitment to develop 100 gigawatts (GW) of offshore wind capacity. This agreement signifies a strong unified stance on green energy as European countries seek to bolster their energy security, particularly in light of ongoing geopolitical tensions. Market activity was also spurred by USA Rare Earth, which saw its shares jump significantly following reports of a major investment from the Trump administration aimed at establishing a foothold in the critical minerals sector. This development is part of broader efforts to enhance domestic capabilities in strategically important materials. Across international markets, Nvidia's substantial investment in CoreWeave reflects the increasing demand for AI infrastructure, signaling the tech industry's strong growth trajectory. The 2 billion dollars investment aims to accelerate the build-out of data centers that are critical for supporting AI technologies. In other news, Brazil's decision to apply antidumping tariffs on Chinese fiber optic cables has raised concerns within its telecommunications sector, indicating a potential increase in costs for the expansion of broadband services.
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