Corporate Results:

  • Aviva reports a 16% rise in first-quarter insurance premiums.
  • Galenica maintains its 2024 roadmap after Q1.
  • Julius Bär reports low cash inflows in early 2024.
  • Lenovo extends sales growth and exceeds forecasts.
  • Nvidia jumps 6.8% in pre-market trading following the announcement of a better-than-expected sales forecast for the current quarter and a ten-for-one stock split. Other AI-related stocks such as Super Micro Computer, C3.ai, Palantir Technologies, and Soundhound Ai gain between 1.4% and 4.4% in pre-market trading.
  • Rolls-Royce is confident in its forecasts for 2024.
  • Snowflake gains 4% after Q1 and announces that it expects sales for the current quarter to be between $805 and $810 million, surpassing Wall Street's forecast of $785 million.
  • Synopsys revises its annual forecasts upwards, citing strong demand for its advanced chip design software for AI applications.
  • Wizz Air returns to profit after three years without one.

In other news:

  • Anglo American rejects a new offer from BHP, but remains open to another proposal.
  • Gerresheimer acquires Blitz LuxCo for $866 million.
  • National Grid to raise around £7bn through a rights issue.
  • ASML and Eindhoven Technical University invest $195 million in partnership.
  • DocMorris repays convertible bond ahead of schedule.
  • Telenor appoints a new CEO.
  • Equinor makes a small oil discovery in the North Sea.
  • The UK competition regulator opens an investigation into the veterinary market.
  • DKSH signs a partnership with Schweitzer Health Biotech in Hong Kong.
  • DuPont splits into three independent companies, with Dupont De Nemours climbing 5.4% in pre-market trading.
  • Apple challenges a $2 billion EU antitrust fine in the European court.
  • Amazon investors reject 14 outside proposals at AGM and announce a partnership with AI startup Hugging Face.
  • Tesla urges suppliers to produce parts outside China and Taiwan, according to Nikkei.
  • Walt Disney has reached an agreement to sell its stake in Tata Play, valuing the Indian satellite TV provider at around $1bn, Bloomberg reported.
  • Walgreens Boots Alliance further reduces its stake in drug distributor Cencora.
  • TSMC forecasts 10% annual sales growth in the semiconductor industry, with the stock gaining 3.2% in pre-market trading.
  • Nvidia and AMD, following TSMC's announcement, see gains in pre-market trading.
  • Vf Corp falls by 11.4% in premarket trading.
  • Mondelez International is fined 337.5 million euros by European competition authorities for hindering cross-border trade.
  • Boeing's deliveries to China are delayed due to a review by the Chinese aviation regulator (CAAC).
  • Microsoft's president Brad Smith discusses the potential transfer of sophisticated chips and tools in a $1.5 billion deal with UAE-backed AI company G42.
  • Globalfoundries loses 6% in pre-market trading as its main shareholder, Abu Dhabi sovereign wealth fund Mubadala, plans to sell $950 million worth of shares.
  • Pfizer and Moderna see a rise in after-hours trading as the U.S. Department of Health engages in discussions about a possible avian flu vaccine for humans.
  • Carlyle sells its entire minority stake in Brazilian hospital chain Rede D'Or.