Blockbuster Results, Adding To Gains, Powell's Future At The Fed 7/17/25

Chip stocks are powering higher on the back of blockbuster results from the world’s largest chipmaker. Plus, Nasdaq futures are getting a bit of a bump on those chip gains. And later, Wall Street is keeping an uneasy watch on President Trump as he pushes back on reports that he plans to fire Fed Chairman Jay Powell before his term is up — but stops short of ruling it out completely.