Key News
1. Trump: Has ordered the sinking of any ships laying mines in the Strait of Hormuz.
2. Iranian sources: Preparations for US-Iran talks may see a breakthrough "tonight or tomorrow."
Stock News
1. Netflix (NFLX.O) announces plans to repurchase $25 billion worth of shares.
2. BP (BP.N) shareholders approved the appointment of Manneford as chairman with 81.8% of the vote.
3. Blackstone Group (BX.N) reported first-quarter distributable earnings per share of $1.36, exceeding market expectations of $1.34.
4. American Airlines (AAL.O) reported first-quarter revenue of $13.912 billion, exceeding market expectations of $13.794 billion.
5. IBM (IBM.N) reported slower growth in both overall and software revenue in the first quarter, maintaining its full-year guidance.
6. Comcast (CMCSA.O): First-quarter revenue was $31.46 billion, exceeding market expectations of $30.42 billion.
7. Tesla (TSLA.O): The third-generation humanoid robot is expected to debut in mid-year, with official production starting in July-August 2026.
8. Novo Nordisk (NVO.N)'s oral GLP-1 drug trial in adolescents has met its primary endpoint; it plans to apply for a new indication in the second half of 2026.
9. Tesla (TSLA.O)'s Q1 2026 revenue is $22.387 billion, compared to $19.335 billion in the same period last year, exceeding market expectations of $22.792 billion.
10. STMicroelectronics (STM.N) forecasts second-quarter revenue of $3.45 billion, a 11.6% increase quarter-over-quarter and a 24.9% increase year-over-year.
11. XPeng Motors (XPEV.N): Mass production and delivery of flying cars are expected next year. Mass production of robots is planned for the fourth quarter, with significant expansion with external partners planned for next year.
