Coca-Cola earnings are out – Here are the numbers

Shares of Coke have risen just 6% over the last year, hurt by concerns about the broader economy.
UPS beats Wall Street estimates on top and bottom lines

Package delivery giant UPS beat Wall Street estimates for its first-quarter earnings.
General Motors is set to report earnings before the bell. Here’s what Wall Street expects

Aside from earnings and any change to GM’s 2026 guidance, investors are monitoring impact from the Iran war, tariffs and EV write-downs.
U.S. is ‘being humiliated by Iran,’ says Germany’s Merz, as Europe’s patience wanes

The U.S. is being “humiliated” by the Iranian regime, Germany’s chancellor has said, as European leaders grow increasingly frustrated at the war in Iran.
‘Draconian development’ in Meta-Manus deal draws the line in China’s AI race with the U.S.

Beijing’s decision to block Meta’s acquisition of Manus is a warning to other startups thinking of relocating data, talent and intellectual property abroad.
BP profits more than double, beating expectations as Iran war boosts oil prices

The results come shortly after BP’s board suffered a shareholder revolt at its annual general meeting.
Novartis CEO warns reality of Trump’s drug pricing policy will set in over ‘the next 18 months’

Novartis’ CEO warned Tuesday that U.S. drug pricing policy under President Donald Trump poses a “very difficult situation.”
Meta, Google, OpenAI among Big Tech firms seeing top staff leaving to launch AI startups

Former employees at AI giants are raising hundreds of millions of dollars from investors months on from launching.
CATL plunges more than 8% as the Chinese battery maker unveils $5 billion share placement

Shares of Contemporary Amperex Technology (CATL) declined 8.5% after the EV battery giant unveiled plans for a roughly $5 billion equity placement in Hong Kong.
Bank of Japan keeps policy rate steady while raising inflation forecast on Iran war worries

The decision to keep rates steady came in a split 6-3 vote, and was in line with Reuters-polled analysts’ estimates.