Main earnings reports. Alibaba, Eli Lilly, Amgen , ConocoPhillips , Activision Blizzard, Société Générale, Stellantis...

 

Alibaba on Tuesday reported weaker-than-expected first-quarter sales as its e-commerce business suffered from growing competition from JD.Com and Pinduoduo.

Eli Lilly reported a 2% drop in quarterly profit on Tuesday, hurt by slowing demand for its COVID-19 treatments with vaccination in the U.S. The stock is losing 2% in pre-market trading.

Société Générale: rebound in retail banking activities, best H1 net income in 5 years.

Stellantis: raises its 2021 margin forecast to 10%. Sales growth of 46% in H1.

French pharma giant Sanofi acquires US-based Translate Bio, a specialist in messenger RNA technology.

Google (Alphabet) will develop its own processors for its future smartphones.

MSCI acquires Real Capital Analytics for $950 million.

BMW confirms its 2021 outlook after a jump in Q1 profit.

Ford could resume paying a dividend at year-end.

Danish shipping company AP Møller-Maersk raises its full-year 2021 outlook.

New stock market plunge for Tencent, Chinese state calls video games "virtual opium".

NXP Semiconductors returns to profit in Q2.

TeamViewer increases revenue by 11% in H1.

Roche gets FDA priority review status for Tecentriq.

Galenica raises its annual targets again.

Relief Therapeutics receives FDA designation.

Generali doubles its first half profit.