Individual Stock News
1. Pony.ai announced a new generation of autonomous driving computing platform built on NVIDIA's (NVDA.O) Drive Hyperion system.
2. Indian pharmaceutical company SunPharma announced it has agreed to acquire Organon & Co. (OGN.N) in an all-cash transaction, valuing the company at $11.75 billion.
3. Qualcomm (QCOM.O) shares rose as much as 14% pre-market after analysts revealed the company is collaborating with OpenAI to develop smartphone processors.
4. US semiconductor supplier Onsemi and NIO (NIO.N) expanded their strategic partnership to accelerate the development of their next-generation 900V electric vehicle platform.
5. Tesla (TSLA.O): On April 21, Musk signed an implementation agreement to exercise his 2018 CEO performance bonus.
6. Meta Platforms (META.O) announced a partnership with Overview Energy to bring space-based solar power to data centers. 7. Verizon (VZ.N) reported Q1 revenue up 2.9% year-over-year to $34.4 billion, with adjusted earnings per share of $1.28.
8. Toyota Motor (TM.N) reported March global sales down 5.8% year-over-year to 983,100 vehicles, while production up 3.9% to 1.02 million vehicles.
