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topicnews · July 19, 2025

Big Tech revenue, Powell remarks, apartment data: What can be seen

Big Tech revenue, Powell remarks, apartment data: What can be seen

00:00 Speaker A

Timeout, which you start on this edge of the profit, a massive distribution of income, including Coca-Cola, General Motors, Google parent company Alphabet and Tesla. Tesla announced the results for the second quarter on Wednesday and expected Elon Musk Company to meet the estimates for the second quarter. This is due to the stronger sales of the updated model Y, but the latest rollback from EV tax credits under President Trump's great bill, which Tesla could face in the future. If we also look at the Federal Reserve, we will receive comments on Tuesday from Fed Chairman Jerome Powell. Powell will make comments at a banking conference in the morning. This comes against the background of the further pressure we know from President Trump to reduce interest rates. The President of Chicago, President Austin Goolsby, told Yahoo Finance on Friday that independence of political interference is absolutely critical. And switch to housing construction, fresh apartment data that will go down with new home sales on Thursday. The CONS predicts this number to 650,000, whereby a stronger demand for new houses signals and indicates that buyers feel more secure in this housing market.