North America:

  • Exxon Mobil projects a multi-billion dollar hit to Q1 earnings from derivative timing effects despite upstream earnings benefiting from higher oil and gas prices due to the Iran conflict.
  • Chevron expects Q1 2026 earnings and cash flow from operations to decrease by $2.7 bn to $3.7 bn due to timing effects, while projecting a $1.6 bn–$2.2 bn increase in upstream earnings from higher oil and gas prices.
  • Occidental Petroleum reports an oil discovery at the Bandit prospect in the Gulf of Mexico.
  • Meta Platforms' stock rises 6.6% after unveiling its new AI model, Muse Spark, as part of its enhanced AI strategy.
  • CoreWeave secures a $21 billion deal with Meta Platforms to expand AI cloud infrastructure support through 2032.
  • Amazon's annual revenue run-rate for its chips business has surpassed $20 billion, while AWS AI revenue run-rate tops $15 billion, showcasing strong growth and demand.
  • OpenAI projects $100 billion in ad revenue by 2030.
  • Tesla shares rose 0.4% in pre-market trading after reports of the company developing a smaller, cheaper electric vehicle.
  • Google announces the rollout of its new Gemini-powered notebook feature for AI Ultra, Pro, and Plus subscribers.
  • Delta Air Lines anticipates fuel consumption for the rest of 2026 to align with capacity changes relative to 2025.
  • Paramount Skydance Corp launches a global publishing imprint.
  • PacifiCorp wins an Oregon appeals court ruling that could significantly reduce its potential liability from the 2020 wildfires.

Europe:

  • BP plc announces a significant gas discovery at the Denise W-1 well in the Eastern Mediterranean, boosting its share price.
  • Stellantis reported a 5% increase in EU30 vehicle registrations for Q1 2026, raising its market share to 17.5%.
  • Mercedes-Benz's global car sales fell 6% in Q1 2026, driven by a 27% drop in China, while sales grew 20% in the U.S. and 7% in Europe.
  • Fortum Oyj and three other European energy firms partner with France's Framatome to develop fully European nuclear fuel for VVER reactors, aiming to reduce reliance on Russian supplies.
  • Condor achieved a record operating profit of €151 million for FY 2024/25, driven by high demand, an expanded fleet, and completed its restructuring while repaying its Corona-era KfW loan.
  • Norron Sustainable Equity fund declined by 6.86% in March due to market volatility but took advantage of price drops in cyclical quality stocks like Atlas Copco to rebuild its position.
  • PriorNilsson Idea reported a 4.93% decline in March total return, underperforming its benchmark due to weak manufacturing sector performance and global GDP pressures.
  • Ørsted's chair confirms the company still expects to pay a dividend for the fiscal year 2026.

Rest of World:

  • Kia reduces its 2030 EV sales target by 20% to 1 million units due to weaker demand and the removal of U.S. EV subsidies.
  • Samsung Electronics plans to invest $4 billion in a new chip-packaging facility in Vietnam.
  • Energean PLC will restart operations at the Karish natural gas platform after receiving approval from Israel's Ministry of Energy and Infrastructure following a ceasefire with Iran.
  • Fast Retailing reports a 29.4% rise in Q2 operating profit, a 19.6% increase in net profit, and a 14.8% revenue growth for the first half of fiscal 2026, beating estimates and raising its full-year forecast.
  • Arm chief Rene Haas is set to take on a senior role in SoftBank Group’s international business as part of a major leadership shift.
  • BHP's appeal of the 'same job, same pay' rulings for Queensland mineworkers has been rejected by the High Court.