North America:

  • Google is expanding its AI and AR technology through partnerships with companies like Warby Parker, Kering, and Volvo Cars.
  • Tesla is preparing for a robotaxi trial in Austin, Texas, amid Elon Musk's reaffirmed commitment to remain as CEO.
  • Medtronic plans to spin off its diabetes business into a separate, publicly traded company, aiming to focus on core operations.
  • Epic Games has returned Fortnite to Apple's App Store in the U.S. after nearly five years.
  • Target has cut its annual sales forecast and earnings guidance due to tariff pressures and weak consumer demand.
  • Chevron reported one person missing and 17 injured in an offshore fire in Angola.
  • Home Depot maintains its pricing strategy despite tariffs and reaffirms its fiscal 2025 guidance.
  • Lowe's reported a nearly 5% decrease in EPS and a 1.7% drop in sales on a comparable basis, yet beat quarterly sales estimates.
  • Nvidia announced a new AI data center in Taiwan and criticized U.S. export controls on AI to China.

Europe:

  • BYD launched the Dolphin Surf EV in Europe, challenging local manufacturers to offer more affordable electric options.
  • Julius Baer announced a $156 million credit portfolio charge and appointed Ivan Ivanic as Chief Risk Officer.
  • Enea secured a 9.13 billion zloty ($2.4 billion) loan for grid upgrades in northwestern Poland.
  • Brenntag appointed Jens Birgersson as the new CEO, effective September 1, 2025.
  • JD Sports experienced a decline in Q1 sales and annual profits, particularly in North America.
  • SSE PLC reduced its five-year investment plans by £3 billion and reported a double-digit profit decline.
  • Marks & Spencer reported a loss of £300 million due to a cyberattack, despite achieving record profits.
  • Dior was cleared by Italy's antitrust authority regarding ethical statements, committing to funding initiatives against labor exploitation.

Rest of the world:

  • Foxconn and Nvidia announced a new AI data center in Taiwan.
  • UAE introduced Falcon Arabic, a new AI model for the Arab world.
  • OpenAI secured $11.6 billion for its largest data center.
  • Microsoft integrated Anthropic's AI coding agent into GitHub.
  • Toyota is contemplating introducing a compact pickup in the US and launching a revamped RAV4 SUV globally.
  • Rio Tinto received approval for a $2.5 billion lithium mining project in Argentina.
  • Petrobras' drill ship is set to travel to the Foz do Amazonas in Brazil by the end of the month.
  • Airwallex achieved a valuation of over $6 billion in its latest funding round.
  • Citigroup appointed a new head of research for Australia and New Zealand.