North America:

  • Apple suppliers negatively impacted by President Trump's decision to delay tariffs on EU goods, introducing uncertainty in the global economy.
  • Nvidia launched a more affordable AI chip for the Chinese market in response to U.S. export restrictions, alongside reporting its Q1 earnings.
  • Bank of America Corporation raised its long position in Bilibili to 8.02% on May 21.
  • Microstrategy raised $427 million and used the funds to purchase 4,020 Bitcoins.
  • United States Steel Steel conditionally approved for acquisition by Nippon Steel, creating the world's third-largest steel producer.
  • Enel Green Power North America signed an asset swap agreement with Gulf Pacific Power to increase its stake in U.S. wind farms by 285 MW.

Europe:

  • Volvo Cars announced a restructuring plan involving the elimination of 3,000 jobs, with costs up to 1.5 billion SEK as part of an 18 billion SEK cost and cash action plan.
  • Thyssenkrupp restructuring to become a strategic holding company, planning to list Marine Systems and separate automotive and materials trading units.
  • Capgemini ceased acquisition discussions with WNS Holdings and expanded partnerships with SAP and Mistral AI for AI solutions.
  • Equinor extended the partial production stop at Norway's Troll gas field due to a compressor failure until May 30, affecting Dutch wholesale gas prices.
  • Ratos AB's Sentia set to apply for a listing on Euronext Oslo Børs in 2025, aiming for NOK 15 billion revenue by 2030.
  • Airbus signed significant deals with Vietnam during President Macron's visit amidst EU-US trade tensions.

Rest of the world:

  • Alibaba's instant commerce portal surpassed 40 million daily orders.
  • Meituan's Q1 2025 earnings nearly doubled with a 46.2% increase in net profit, surpassing revenue expectations.
  • BYD shares fell after introducing trade-in incentives and price cuts, impacting stock performance in Hong Kong.
  • Samsung Biologics secured orders totaling 440.5 billion won from two separate deals.
  • TotalEnergies commenced production and extraction of the first oil from the fourth development phase of the Mero field in Brazil.