Major earnings reports. JPMorgan Chase, Wells Fargo, Goldman Sachs, Tesco, Hella, easyJet, TomTom...
JPMorgan Chase gained 1% in premarket trading after reporting a nearly five-fold increase in quarterly profit year over year to $14.3 billion on the strength of its trading and investment banking businesses and $5.2 billion in reversals of bad debt provisions.
Goldman Sachs reported better-than-expected quarterly profit on Wednesday, boosted by strong growth in M&A and IPO activity. The stock gained 1.2% in pre-market trading.
Wells Fargo reported Wednesday a quarterly profit that beat Wall Street expectations thanks to lower bad debt provisions.
LVMH: organic growth reached 30% in Q1, above expectations, thanks to good momentum and a favorable comparison base, especially in China.
SAP SE raises its 2021 targets.
Credit Suisse sells an additional $2 billion of Archegos-related securities.
Toshiba CEO resigns after CVC bid to buy the company. KKR may be in the business.
Microsoft is making a major security update, one month after a major cyberattack on its services.
The Boeing Company delivered 149 aircraft in Q1.
Pfizer is expanding its vaccine production in the U.S.
The Procter & Gamble Company raises its dividend by 10% to $0.8689.
American Airlines returns to positive cash flow in March.
Grupo Televisa to merge its production and content assets with Univision.
Ameriprise acquires BMO's asset management business in EMEA.
Givaudan completes acquisition of French company Myrissi.
Proximus has ambitions in e-health.
Implenia reaches a settlement in the Letzigrund stadium dispute.
Moderna's Covid vaccine 90% effective in US trial.
Coinbase's benchmark price set at USD 250 per share before Nasdaq listing.
Epic Games valued at nearly $29B after funding round.
Mobimo issues €200 million in bonds.