North America:

  • Meta Platforms seeks dismissal of FTC's monopoly case and delays AI model 'Behemoth' rollout due to internal concerns.
  • Microsoft proposes pricing adjustments for Office with and without Teams to resolve EU antitrust investigation.
  • Nvidia plans to build an R&D center in Shanghai amidst geopolitical AI technology agreements.
  • Coinbase faces potential $400 million cyber attack loss and SEC investigation over user numbers.
  • Apple blocks Fortnite in US and EU stores amid dispute with Epic Games.
  • Charter Communications in advanced talks to acquire Cox Communications in a $30 billion merger.
  • Applied Materials reports higher profit and revenue, exceeding earnings expectations.
  • UnitedHealth Group faces potential Medicare fraud investigation, impacting share price.
  • Boeing benefits from Etihad Airways' $14.5 billion purchase of 28 aircraft as part of US-Gulf deals.

Europe:

  • Novo Nordisk CEO Lars Fruergaard Jørgensen steps down amid competition in the obesity drug market.
  • Compagnie Financiere Richemont reports a 7% rise in quarterly sales, driven by US luxury jewelry demand.
  • Eutelsat Communications meets quarterly revenue estimates despite a 1.9% decline in Q3 revenue.
  • Swiss Re reports a 16% increase in Q1 net profit to USD 1.3 billion, surpassing expectations.
  • UniCredit faces opposition from German authorities on merger plans with Commerzbank.

Rest of the world:

  • CATL raises $4.6 billion through Hong Kong listing and plans investment in carbon neutrality fund.
  • Singtel sells a 1.2% stake in Bharti Airtel, raising approximately $1.54 billion.
  • UAE and US establish agreements for AI chip purchases and energy investments totaling $440 billion by 2035.
  • Brazil's BNDES considers selling stakes in mature companies, excluding strategic ones.