- Boeing fell by almost 1% in pre-market trading, and SouthWest Airlines by 1.2%, after the loss of the engine cowling of a Boeing 737-800 during a takeoff in Denver on Sunday, triggering an investigation by the Federal Aviation Administration (FAA). In addition, Bernstein spoke of a "situation of purgatory" until Boeing resolves some of its problems, which led the intermediary to reduce his price target on the aircraft manufacturer from $240 to $32.
- Taiwan Semiconductor Manufacturing (TSMC) - The U.S. Department of Commerce announced on Monday that it would provide the Taiwanese group's U.S. division with a $6.6 billion subsidy for advanced semiconductor production in Phoenix, Arizona, as well as a low-cost loan of up to $5 billion. TSMC shares gain 1.4% in pre-market trading.
- Paramount Global may buy independent studio Skydance Media in a stock deal valued at around $5 billion, the Wall Street Journal reported Friday evening.
- Warner Music Group announced on Saturday that it was dropping its bid for Believe after approaching the French digital music group at the end of February.
- Bristol-Myers Squibb announced Saturday that results from late-stage studies of its experimental schizophrenia drug showed it helped reduce symptoms of the disease without the common side effect of weight gain associated with other antipsychotics.
- Johnson & Johnson - The U.S. Food and Drug Administration has approved the company's cell therapy, along with Bristol Myers Squibb's, as an early treatment for patients suffering from multiple myeloma.
- The Netherlands prepares to comply with US requirements on ASML exports to China.
- Shell and Saudi Aramco battle to buy Pavillion Energy from Temasek.
- CEO of steelmaker SSAB steps down.
- Bpost acquires Staci to expand its logistics portfolio.
- AstraZeneca obtains US approval for Enhertu, a solid tumor treatment.
- Bilfinger eyes acquisitions in the US and Middle East.
- Tesla is reported by Reuters to be abandoning its low-end vehicle, but Elon Musk has denied this (on X). On the other hand, the group plans to present its robotaxi in early August.
- Meta is asking a US judge to halt the FTC's prosecution for anti-competitive practices.
- According to Microsoft, China is using AI to sow discord, particularly in the United States.
- Apple will allow music streaming applications in Europe to link to their own websites for purchases. In addition, the group is asking a US appeals court to overturn the import ban on the Apple Watch.
- Naturgy Energy plans to sell its Australian assets for $2.6 billion, according to Bloomberg.
- Sapiens International is considering a sale, according to Reuters.
- Royal Bank of Canada dismisses its CFO due to an undisclosed relationship.
- Taiwan Semiconductor said its annual sales would not be affected by the major earthquake in Taiwan on April 3.
- Zee will reduce its workforce by 15% as part of a structural overhaul.
- Thierry Delaporte, CEO of Wipro, resigns.
- Shimao undergoes liquidation proceedings for non-payment of a loan initiated by China Construction Bank.
Global markets live: Boeing, Shell, AstraZeneca, Tesla, Meta...
Every day, the MarketScreener team selects the most important news about listed companies across the world. Here's a short recap for your convenience: