Corporate results:
Boohoo - Profit halved due to discounts needed to maintain activity.
KBC - First quarter profit reaches €882 million.
Marston's - The British pub group reduces its half-year loss.
Sonova - Full year results came in a little short of expectations and forecasts are conservative for the current year (3-7% growth and 6-10% increase in adjusted Ebitda).
Vodafone - On the sidelines of its results, the operator announces a big reduction of 11,000 jobs.
Home Depot - The number one U.S. home improvement retailer lost 4% in pre-market trading after lowering its annual sales and profit forecast, due to slowing demand in the face of inflation.
Baidu, China's leading online search engine, reported first-quarter revenue above expectations, helped by higher advertising revenue as China reopens post-COVID.
Rumble - The video-sharing platform was down 5.4% in premarket trading after reporting a larger-than-expected first-quarter net loss.
In other news:
The EU approves Microsoft's deal for Activision Blizzard. The UK had recently rejected it. However, the EU is said to have Microsoft's cloud service in its sights.
The U.S. antitrust regulator is expected to block Amgen's takeover of Horizon Therapeutics, according to Bloomberg.
Philips says tests on 95% of recalled respirators show limited risk.
OpenAI, the creator of ChatGPT, backed by Microsoft, is preparing to release a new open source artificial intelligence model, the specialized site The Information reported on Monday, citing a source informed of the matter.
Berkshire Hathaway takes a position in Capital One, exits BNY Mellon and still has faith in Apple and Bank of America.
Wells Fargo will pay $1 billion to end a lawsuit against it, according to the Wall Street Journal.
Ford will reduce its investments in China because of competition from local manufacturers in electric vehicles.
Italy's CDP to drop its bid for Telecom Italia's fixed network.
Paris prosecutor's office investigates Apple for planned obsolescence.
Vodafone is looking to sell a 49% stake in its Internet of Things division, which could be valued at £1bn, according to Sky News.
Eni is placing €2bn of fixed-rate bonds.
Newgame and Bruellan want to raise more than 10% of GAM Holding.
The US Supreme Court rejects Teva's challenge to a $235m award to GSK.
Celyad Oncology will be delisted from Nasdaq.
Today's top earnings reports: The Home Depot, Sea Limited, Baidu, Tencent Music, Pershing Square... The full earnings calendar is here.