Earnings season: Intuit, HP Inc., Associated British Foods, Almirall, PostNL, Tivoly and Streamwide are among companies reporting their earnings today.

The purge on the markets weighs more heavily on certain sectors: those linked to tourism and tourism consumption and/or China, or cyclical sectors that are therefore dependent on global economic dynamics.

For sale, $10bn. eBay confirms that it has begun to think strategically about the future of its classified ads. The latest rumors suggest that this sector could bring in around $10bn. The Wall Street Journal understands that several investment funds have been contacted, as well as the media groups Naspers and Axel Springer.

A takeover in financial services? Intuit is close to a buyout of Credit Karma for $7 billion in shares and cash. The information has once again been revealed by the Wall Street Journal, which quotes sources close to the case. The deal could be announced as early as today. It would be the largest acquisition of the company in its 37 years of existence. Credit Karma offers credit monitoring solutions and tax reporting services to individuals.

He's staying. Jean-Pierre Mustier, the head of UniCredit, has withdrawn from the race for HSBC's CEO. In a statement issued this morning, the Italian bank "wishes to make it clear that Jean Pierre Mustier confirms that he will remain with the bank" and that he and the management team are fully focused on the success of the new strategic plan, Team 23.

Still green. Warren Buffet sought to reassure Berkshire Hathaway investors about the share's performance in his annual letter, even though the stock gained only 11.7% over 12 months, compared with more than 20% on the S&P500. The billionaire was particularly keen to reassure shareholders about his estate, which is "100% ready". At 89 years old, the Omaha oracle is not eternal. It is easy to imagine that at the time of his death, investors might be worried about the sustainability of his holding company's performance.

In other news. Boeing is scrambling to offer financial and technical assistance to airlines for the resumption of B737 MAX flights, in an attempt to restore its image. Barclays is preparing the succession of its CEO, Jes Staley, for 2021, according to the Financial Times. Wells Fargo is paying a $3 billion bill to settle a lawsuit over false accounts in the United States. A consortium led by Ardian would be well placed to acquire 25% of Italy's leading telecom tower company INWIT, in which Telecom Italia and Vodafone each hold 37.5%. PepsiCo will buy Chinese group Be & Cheery for $705 million. Belgium's Raf Simons becomes co-director of the creation of Prada. The Fox group wants to buy the free streaming platform Tubi, according to the Wall Street Journal. FDA and EMA review Novartis' ofatumumumab for multiple sclerosis.