North America:

  • Citigroup is enhancing its investment banking teams in Japan and China, focusing on technology, media, and telecom sectors.
  • Eli Lilly finalizes a $2.3 billion acquisition of Ajax Therapeutics to expand its blood-cancer drug pipeline.
  • Meta Platforms partners with Overview Energy to secure up to 1 GW of space-based solar power for its U.S. data centers by 2030.
  • United Airlines confirmed it approached American Airlines about a potential merger, which American Airlines declined.
  • Intel surged as AI demand boosted market indices following an unexpectedly strong revenue forecast.
  • Chinese regulators reportedly blocked Meta's more than $2 billion acquisition of AI startup Manus. 
  • The license granted by Microsoft to OpenAI, the creator of ChatGPT, to use its intellectual property will no longer be exclusive, the two companies announced on Monday.

Europe:

  • GSK announces FDA Breakthrough Therapy and EMA Prime designations for its drug efimosfermin for MASH treatment.
  • AstraZeneca secures FDA approval for its self-administered lupus therapy Saphnelo.
  • Tomra faces mixed analyst recommendations and target price adjustments, reflecting a challenging short-term outlook.
  • Nordex reports stronger-than-expected Q1 2026 results, with a 10.6% rise in revenue and a 64.3% jump in EBITDA.
  • VBG Group AB reports Q1 2026 net sales of SEK 1.3764 billion and 5.3% organic growth, despite a slight decline in EBITA and net profit.
  • Beijer Alma shares rise as several banks increase target prices following a strong Q1 earnings report.
  • Fenix Outdoor reports a 5.2% revenue increase to €165.9 million in Q1 2026, with a significant surge in after-tax profit.
  • Volvo AB reported strong Q1 earnings, leading to increased price targets and positive outlooks from analysts.
  • Electrolux faces lowered target prices from analysts, reflecting a cautious outlook despite some buy recommendations.

Rest of World:

  • Sun Pharmaceutical Industries announces an $11.75 billion all-cash acquisition of Organon & Co. to strengthen its position in women's health and biosimilars.
  • Alpha Compute Corp announces its Alpha-01 AI GPU is in final testing and will be delivered to customers on May 8, 2026.
  • TSMC's Global unit acquired a portfolio of fixed-income securities worth $30.4 million.
  • Atlas Arteria shares surged after receiving an unsolicited takeover offer from IFM Global Infrastructure Fund.
  • Toyota reported a 2.1% increase in global vehicle production in March, while global sales dropped 7.3%.
  • Samsung Electronics will discontinue home appliance and TV sales in China due to declining price competitiveness.
  • Contemporary Amperex Technology Co. Ltd. (CATL) announced a $5 billion accelerated bookbuild offering to expand its capital base.
  • Bajaj Housing Finance reported a 14% increase in quarterly profit to ₹6.69 billion, driven by strong loan growth and improved asset quality.