North America: 

  • Meta Platforms invested in Scale AI, acquiring a 49% stake valued at $15 billion, boosting Scale AI's valuation to over $29 billion.
  • Tesla increased prices for some models in the US and expanded its virtual power plant operations in Japan.
  • Google faces legal action against LATAM Airlines over a YouTube dispute and experiences multiple Google Cloud outages.
  • Alphabet Inc failed to get a financial performance policy approved at their annual meeting.
  • Moderna received US FDA approval for expanded use of its RSV vaccine for adults aged 18 to 59.
  • UroGen Pharma received US FDA approval for its bladder cancer drug, Zusduri, boosting stock prices.
  • Merck received FDA approval for Keytruda for head and neck cancer and a positive opinion from EU CVMP for Numelvi tablets for dogs.
  • Omnicom faces potential advertising restrictions from the Federal Trade Commission following their merger with Interpublic.
  • Apple saw a surge in iPhone sales, leading in China and globally, with increased exports from India to the US.
  • Air India faces mandated safety inspections for its Boeing 787 fleet following a crash in Ahmedabad.

Europe:

  • Novo Nordisk regained its status as Europe's most valuable company, driven by stock value surge due to advancing their obesity drug, amycretin, to Phase 3 trials.
  • AstraZeneca entered a strategic research collaboration with CSPC Pharmaceuticals, valued at up to $5.33 billion.
  • Lufthansa suspended flights to Tehran and Tel Aviv amid regional tensions and anticipates a slowdown in its US business.
  • Banca Monte dei Paschi is under investigation by Italian prosecutors regarding the government's sale of its shares.
  • Primary Health Properties PLC urged Assura PLC to reconsider their bid after Assura accepted a rival offer from KKR-Stonepeak.
  • GSK is under review by the European Medicines Agency to expand the use of its RSV vaccine Arexvy to adults aged 18 and older.

Rest of the world:

  • Boeing stock prices impacted by Air India's crash and subsequent safety inspections.
  • Nvidia collaborates with Deutsche Telekom to establish an AI cloud in Germany, while facing challenges in China due to U.S. export controls.
  • SBI Shinsei Bank intends to file for relisting on the Tokyo Stock Exchange by the end of the year.