USA:
- Apple considers raising iPhone prices due to new features and design changes, independent of tariff impacts.
- NRG Energy acquires power generation assets from LS Power in a $12 billion deal and reaffirms its 2025 guidance for adjusted EPS.
- Qualcomm extends the deadline for its bid to acquire Alphawave IP Group, leading to a rise in Alphawave's share prices.
- AB InBev plans to invest $300 million in its U.S. manufacturing facilities.
- Fox Corp reports higher-than-expected third-quarter revenue, surpassing Wall Street estimates.
- Starwood Property Trust Inc. files for the resale of up to 11.9 million shares and enters into a sales agreement to offer and resale up to $500 million of common stock.
- Danone acquires a majority stake in Kate Farms, a US-based plant-based medical nutrition company, to expand its specialized nutrition products portfolio.
Europe:
- UniCredit raises its profit outlook for 2025 following a robust first quarter and plans to exit its Russia retail business by the first half of 2026.
- PPF launches a competitive bid to acquire ProSiebenSat.1, offering 7.00 euros per share to increase its stake to nearly 30%.
- Eli Lilly's Zepbound outperformed Novo Nordisk's Wegovy in a weight loss trial.
- Novo Nordisk reports positive results from multiple trials of Sogroya, a long-acting growth hormone for growth disorders.
- Fincantieri experiences a 53.5% increase in Q1 core profit and reaffirms its financial forecasts for 2025.
- Salzgitter's Q1 2025 financial performance impacted by declining steel prices and a European economic slowdown.
- IG Group Holdings PLC anticipates strong Q4 2025 financial performance, potentially surpassing market expectations.
Rest of the world:
- SoftBank's collaboration with OpenAI is troubled by tariff issues.
- OpenAI and Microsoft renegotiate their partnership to facilitate an IPO and ensure Microsoft's continued access to AI models.
- Polestar reports an 84% increase in revenue to $608 million in Q1 2025 and a narrowed net loss of $190 million.
- CATL plans to raise up to $4 billion through a Hong Kong listing.
- Rio Tinto and Sumitomo Metal Mining enter into a joint venture to develop the Winu project in Western Australia.
- Venezuelan oil traders disguise their oil shipments to China as originating from Brazil to bypass U.S. sanctions.