North America:

  • Exxon Mobil signed an MOU with TPAO for exploration in the Black Sea and Mediterranean, while projecting lower Q4 earnings due to liquid price changes.
  • Conoco is affected by Venezuela's focus on economic stabilization over immediate payments to oil producers.
  • Skyx Platforms Corp collaborates with NVIDIA on a Smart Home AI Cloud ecosystem.
  • OpenAI allocated $50 billion for an employee stock grant pool, representing 10% of its $500 billion valuation, and launched ChatGPT Health.
  • Eli Lilly is expanding its pharmaceutical portfolio by acquiring Ventyx Biosciences for $1.2 billion and partnering with Indupro in a deal worth up to $950 million.
  • JPMorgan Chase has acquired the Apple Card portfolio from Goldman Sachs, becoming the new issuer and taking over the management of $20 billion in outstanding balances.
  • Cyera secured $400M in Series F funding to address rising demand for AI security in enterprises.
  • Vornado Realty Trust acquired the 3 East 54th Street property for $141 million and announced a $500 million bond offering.
  • NVIDIA's H200 chips are now available for commercial purchase in China with an upfront payment requirement.
  • Blackstone shares are negatively impacted by former President Trump's policy to ban institutional investors from buying single-family homes.
  • Medline's IPO saw a significant surge, marking it as the largest private-equity-backed IPO of 2025.

Europe:

  • Samsung Electronics forecasts a significant increase in Q4 operating profit, highlighting the need for AI productivity gains.
  • Tesco raised its profit outlook despite a sales shortfall, reporting strong market share growth and consumer resilience.
  • Experian's chair Mike Rogers is set to retire and will become the new chair of Nationwide Building Society in July 2026.
  • Volvo Cars is recalling over 413,000 XC40 models in the U.S. due to a rearview camera software issue.
  • Sodexo achieved a 1.8% organic revenue growth in Q1 2026, reaching €6.26 billion.
  • Zalando is shutting down its Erfurt logistics hub, impacting 2,700 employees.
  • AB Foods issued a profit warning due to poor sales at Primark and faces regulatory scrutiny over its acquisition of Hovis Group Ltd.
  • HSBC agreed to pay €267.5 million to the French Treasury to settle allegations of tax fraud.

Rest of the world:

  • SABIC's divestment of assets in Europe and the Americas totaling $950 million led to a 4.8% drop in its shares on the London Stock Exchange.
  • Fast Retailing reported strong quarterly earnings that exceeded expectations, with significant profit increases.
  • SEBI issued a show-cause notice to Bank of America's India securities unit for allegedly violating insider trading rules.
  • Bajaj Group finalized the acquisition of a 23% stake in its Indian insurance ventures from Allianz SE.