North America:

  • Alphabet ended the previous day's session sharply lower, with pressure from the American courts to sell Chrome.
  • Amazon is expected to face an antitrust investigation by the EU for favoring its own-brand products in its online marketplace.
  • The president ofAlimentation Couche-Tard has no intention of launching a hostile takeover bid for Seven & i.
  • Citron Research reveals a short position in MicroStrategy.
  • Apple goes all out to create a more conversational version of Siri for 2026.
  • DirecTV has informed EchoStar of its intention to complete the acquisition of Dish Network.
  • Quikrete is in advanced negotiations to acquire US cement and concrete producer Summit Materials.
  • Exxon Mobil withdraws from negotiations with Guyana over a shallow-water oil block, according to the government.
  • Boeing wins $2.38 billion contract to supply 15 KC-46A tanker aircraft to the US Air Force.
  • Intuit reported higher-than-expected revenue for the fiscal first quarter, driven by strong performances in QuickBooks and Credit Karma, and reaffirmed its 2025 guidance, although its second-quarter estimates fell short of Wall Street expectations and its shares dropped after hours.
  • Boeing has secured a $2.38 billion contract to deliver 15 additional KC-46A tankers to the U.S. Air Force and faces a review by the FAA concerning safety issues with the CFM LEAP-1B engines on 737 MAX planes following recent bird strike incidents.
  • Gap shares surged 15% premarket on Friday as the company raised its annual sales forecast following a return to growth across all brands, robust holiday demand, and third-quarter earnings and revenue that beat expectations.
  • NetApp reported a strong Q2 with earnings of $1.87 per share and revenue of $1.66 billion, both surpassing estimates, and raised its Q3 guidance to an EPS of $1.85-$1.95 on revenue of $1.61-$1.76 billion, although it forecasts FY 2025 revenue below analyst expectations with an EPS range of $7.20-$7.40.
  • Ross Stores raised its full-year earnings outlook for 2024 after reporting a third-quarter earnings beat and a revenue of $5.07 billion that missed estimates, attributing the optimistic forecast to lower costs despite challenges from soft consumer spending and execution issues.

Europe and Asia:

  • Mercedes to cut costs by several billion euros.
  • Nokia completes €600 million share buyback program.
  • Equinor cuts 20% of staff in its renewable energies unit.
  • Ackermans on track for profit of well over 400 million euros.
  • Komax postpones its medium-term targets by two years.
  • SoftwareOne bought back shares for CHF 69.1 million.
  • Northvolt, Europe's unlisted leader in batteries, files for bankruptcy protection.
  • Unionized workers at Samsung Electronics rejected a proposed wage agreement.
  • Mitsubishi Corporation, BP Plc and their partners plan to invest $7 billion in a carbon capture project in Indonesia's Papua region.
  • Nissan will cut or transfer 1,000 jobs in Thailand, according to Reuters.
  • WiseTech lowers its FY2025 guidance following controversy over its former CEO.
  • Kioxia's IPO price in Tokyo is JPY 1390 per share.