North America:

  • Tesla reports a 6.0% decline in China-made EV sales year-over-year in April, with a 26% drop from March, while launching the Model Y Long Range Rear-Wheel Drive in the US.
  • Amazon's Zoox increases robotaxi production for US expansion, recalls 270 vehicles due to a software error, and Amazon reports ownership of 822,234 AMD shares.
  • OpenAI plans international expansion of its Stargate platform and renegotiates revenue sharing terms with Microsoft.
  • Microsoft faces a copyright lawsuit from Cerence, announces Azure Storage Actions availability, and resolves a Microsoft 365 outage in North America.
  • Uber Technologies reports a 35% increase in Q1 2025 net income and adjusted EBITDA, misses revenue estimates, but anticipates demand growth in Q2.
  • Meta Platforms wins $168 million in damages from NSO Group for hacking WhatsApp users.
  • AMD predicts higher-than-expected Q2 revenue.
  • Intel shareholders approve a new equity incentive plan and CEO compensation package.
  • Walt Disney exceeds quarterly expectations, raises annual EPS target, and benefits from easing China trade tensions.
  • Lucid Group maintains its 2025 production forecast amidst scrutiny of Elon Musk's dual role at SpaceX and a government agency.

Europe:

  • Novo Nordisk anticipates FDA enforcement against obesity drug copies, drops US gender representation requirements, and reduces its 2025 financial outlook despite higher-than-expected Q1 profits.
  • BMW reaffirms profit forecasts and full-year guidance up to 2025, maintaining a positive outlook despite US tariffs and trade tensions.
  • Orsted surpasses Q1 financial expectations with higher-than-expected EBITDA, faces challenges with Hornsea 4 project, but reaffirms US offshore wind commitments.
  • Siemens Healthineers reports better-than-expected quarterly results but lowers full-year profit forecast due to tariff impacts.
  • Volvo Cars recalls over 400,000 vehicles in the US, reduces workforce by 5% at its South Carolina plant, and revives the XC70 model as a plug-in hybrid.
  • Veolia Environnement SA reports a 5.5% increase in Q1 2025 EBITDA, acquires Water Technologies and Solutions for $1.75 billion, and signs $750 million in contracts.
  • Pandora maintains a 7-8% organic growth guidance for 2025, despite cutting profit margin forecasts due to a weaker dollar.
Rest of the world:
  • Qatar Airways nears a deal to purchase about 100 widebody jets from Boeing amidst a drop in M&A activity.
  • National Australia Bank reports a 1% increase in first-half cash earnings to AUD 3,583 million, despite a 3.5% decline in profit.
  • CATL considers offering less than a 10% discount for its $5 billion Hong Kong listing.
  • Samsung Electronics acquires Masimo's audio business for $350 million.
  • Commonwealth Bank of Australia's class action lawsuit dismissed by the Full Court of the Federal Court of Australia.
  • Nubank appoints former Brazil central bank chief Campos Neto to its management team.