North America:

  • Tesla plans a robotaxi launch in Austin amidst investor skepticism, while former DEI officials call for resistance against Musk's cutbacks.
  • Boeing faces challenges as Chinese customers reject plane deliveries due to tariffs, impacting its backlog, despite reporting a smaller quarterly loss.
  • PepsiCo has reduced its annual profit and growth forecasts for 2025, citing tariff volatility and economic challenges.
  • Hasbro surpassed Wall Street estimates in quarterly revenue due to strong digital gaming demand and extended its Disney partnership.
  • IBM reported a decline in Q1 2025 earnings, with its consulting business suffering due to federal spending cuts.
  • UPS has expanded its healthcare business by acquiring Andlauer Healthcare Group for $1.6 billion.
  • Freeport-McMoRan Inc reported a decline in first-quarter profit due to lower production and sales figures, impacted by tariffs.
  • Texas Instruments reported a 7% increase in Q1 EPS and forecasts second-quarter revenue above estimates.
  • Chevron intends to drill a new exploration well in Namibia between 2026 and 2027.
  • Thoma Bravo is involved in the sale of a flight navigation unit, impacting Boeing's strategic adjustments.

Europe:

  • Apple fined by the EU for violating the Digital Markets Act, a move criticized by the US.
  • Meta fined by the EU for violating the Digital Markets Act, a move criticized by the US.
  • Generali's board renewal led by Mediobanca secured 10 out of 13 seats, with CEO Philippe Donnet re-elected.
  • Eni announced an oil discovery offshore Namibia and a partnership with the UK for a carbon capture project.
  • Nestle's sales growth, driven by price hikes, outperformed expectations despite high commodity costs.
  • Nokia's Q1 2025 results fell short due to U.S. tariffs, despite a strategic 5G RAN agreement with T-Mobile US.
  • Unilever reported a 3% sales growth in Q1, surpassing estimates due to price increases and strong demand.
  • Kering's Q1 sales fell by 14%, with a significant decline in Gucci sales amid a luxury spending slowdown.
  • Husqvarna experienced increased demand for robot lawn mowers but reported lower-than-expected Q1 results.

Rest of the world: 

  • SK Hynix's first-quarter profit soared by 158%, driven by demand for advanced AI chips.
  • Toyota's overseas sales reached a record high in March, with a significant investment in its West Virginia plant.
  • Hindustan Unilever reported a Q4 underlying volume growth of 2%, slightly missing profit estimates.
  • TSMC acquired fixed-income securities for $16.5 million and unveiled new chip technology.
  • Bajaj Finance is considering a share split and plans to issue bonus shares.