- Twitter soared 27% after Elon Musk took a stake.
- Exxon Mobil announced yesterday that its Q1 results could hit a 7-year high, including production profits of $9.3 billion.
- Samsung Electronics is expected to post its highest Q1 profit since 2018 thanks to chips.
- Nissan again postpones sales of the Ariya electric SUV, citing supply chain issues.
- Advanced Micro Devices is acquiring Pensando for $1.9B to expand its data center unit.
- KKR won't confirm its bid for Telecom Italia until the operator gives it access to its books.
- A massive gas leak forced ConocoPhillips to temporarily shut down production at a large Alaskan field in March.
- Germany will nationalize Gazprom's local subsidiary to guarantee gas supplies.
- SoftwareOne sold 4.4 million shares of Norwegian company Crayon Group Holding
- Advent and Centerbridge are said to be close to a €2bn bid for Aareal.
- Starbucks announced that its share buyback plan would be suspended.
- Block- The former Square, announced that a former employee had access to user data without such authorization.
- The U.S. State Department announced Monday evening that it had given the green light to the possible sale of eight Lockheed Martin F-16 fighter jets to Bulgaria for $1.6 billion.
- Airbnb announced that it is suspending its activities in Russia and Belarus.
- Meta, the parent company of Facebook has briefly blocked hashtags related to alleged atrocities committed by Russian forces in Boutcha.
- Pfizer announced Monday evening that it had produced six million doses of its oral COVID-19 treatment Paxlovid in the first quarter, in line with the company's targets.
- Verizon subsidiary TracFone Wireless signed a $13.4 million settlement to end an investigation into an alleged violation of the False Claims Act in connection with the Federal Communications Commission's (FCC) Lifeline program, which provides subsidies to low-income customers.