• Hermès generates 33% organic growth in the first quarter and confirms its objectives.
  • Blackstone-Edizione's takeover bid values Atlantia at €48bn, or EUR 23 per share.
  • Ericsson posts Q1 results that are below consensus.
  • Taiwan Semiconductor's quarterly earnings are higher than expected.
  • Rostec covets Mercedes' stake in Kamaz. In other news, the German company ran a prototype electric car for 1,000 km without recharging.
  • Meta Platforms will take 50% of creators' earnings on its platform in the metaverse.
  • Nexo and Mastercard launch the world's "first" cryptographic payment card.
  • Petrobras gets a new board of directors, to appoint its boss.
  • Uniti Group backs buyout offer of AUD 5 per share.
  • Swiss Re announces a solvency rate of 223%.
  • Activist investor Blackwells criticizes Peloton's new CEO after pushing the previous one out.
  • Twitter received a $41.39 billion offer from Tesla boss Elon Musk. He is already the largest shareholder.
  • In addition, a U.S. federal judge reduced from $137 million to $15 million the amount of compensation that Tesla must pay to one of its employees, while reaffirming the responsibility of the car manufacturer in the acts of racism he said he was a victim.
  • Goldman Sachs reported a 43% drop in first-quarter profit, but it came in above Wall Street expectations. The stock is up 2% in premarket trading.
  • Wells Fargo on Thursday reported a nearly 21% drop in first-quarter profit from the same period a year ago but came in above Wall Street expectations.
  • Morgan Stanley reported a smaller-than-expected 11% drop in first-quarter profit Thursday, as a near doubling of fees from mergers and acquisitions (M&A) activity cushioned a drop in capital markets activity.
  • Citigroup is up 1.6% in premarket trading on the back of quarterly earnings that beat Wall Street expectations.
  • UnitedHealth on Thursday raised its full-year adjusted profit forecast on the back of strong results from its Optum healthcare services division, whose revenue rose 18.9% to $43.26 billion in the latest quarter.
  • Blackstone - The U.S. investment fund and Edizione, the Benetton family's holding company and Atlantia's largest shareholder, submitted a bid for the Italian infrastructure group on Thursday, valuing it at 58 billion euros.
  • Blackrock announced on Thursday that it was aiming to be carbon neutral by 2030 for at least three quarters of its investments in companies or sovereign wealth funds, compared with 25% currently.
  • Rent The Runway fell 4% in after-hours trading after the online clothing rental platform reported annual sales below Wall Street expectations.

Main earnings reports: UnitedHealth, Wells Fargo, Morgan Stanley, Hermès, Goldman Sachs, Citigroup, Fast Retailing, Ericsson, VAT Group, OVH, Virbac...