North America:

  • Nvidia CEO Jensen Huang visits Beijing amid U.S. restrictions on H20 datacentre GPU exports to China, impacting business and contributing to market uncertainties.
  • OpenAI considers UK investment through its Stargate AI venture and negotiates a potential $3 billion acquisition of Windsurf.
  • American Express reports a 9% increase in EPS to $3.64 for Q1 2025, driven by consumer spending and card-fee growth, despite setting aside $1,200 million for credit losses.
  • Ford Motor recalls 123,611 vehicles in the U.S. due to a fluid leak affecting braking performance, with potential price increases if auto tariffs persist.
  • Eli Lilly sees premarket share price increase after its diabetes and weight loss pill, orforglipron, shows significant efficacy in a Phase 3 trial.
  • UnitedHealth Group reduces its annual profit forecast and EPS targets for 2025 due to increased costs.
  • CSX CEO Joe Hinrichs refrains from providing financial guidance amid tariff uncertainties, reporting disappointing quarterly results due to a decline in coal revenue.
  • Kinder Morgan misses Q1 profit estimates due to weaknesses in its products pipelines segment, but expects increased LNG imports by the EU and Asia to offset potential losses from China.
  • Infosys misses Q4 revenue estimates due to North American softness, forecasting weak revenue growth of 0-3% for FY26.

Europe:

  • Equinor ordered by the US government to halt construction of its Empire Wind project off New York due to insufficient environmental analysis.
  • GSK receives US CDC panel recommendation for its Penmenvy vaccine for adolescent meningococcal vaccination and RSV shots for ages 50-59.
  • Hermès reports a 7% sales growth in Q1, missing expectations, leading to a price increase in the U.S. to counteract tariff impacts.
  • LVMH CEO Bernard Arnault's tenure extension until 85 is approved, with concerns about US-EU tariff disputes on trade.
  • Forvia implements strategies to mitigate US tariff impacts, contributing to a 2.6% revenue increase in Q1 2025.
  • ABB reports a 22% increase in Q1 2025 net profit and plans to spin off its Robotics business into a separately listed company.
  • Moncler reports a 1% increase in Q1 revenue to EUR 829 million, surpassing expectations despite an unstable macroeconomic environment.

Rest of the world:

  • TSMC reports a 60% surge in Q1 profit, beating forecasts, despite tariff concerns, with a solid outlook for 2025.
  • BHP Group reports a 10% rise in Q3 copper output and a slight fall in iron ore production, maintaining FY25 unit cost guidance.
  • Petrobras considers outsourcing fertilizer plant operations and elects new board members, including Mendes as chairman.
  • Rio Tinto partners with AMG Metals & Materials to explore a low-carbon aluminum project in India.
  • Tencent and ByteDance, along with Douyin, launch initiatives to help Chinese exporters expand domestically.
  • BluSmart suspends operations following an investigation into a co-founder accused of fund misuse.