• Mondi has confirmed that it is considering a possible takeover of DS Smith, but discussions are at a preliminary stage.
  • Diamondback announced on Monday the acquisition of Endeavor Energy Resources, the largest unlisted oil and gas producer in the Permian Basin, in a cash and stock transaction worth around $26 billion, including debt. 
  • Novo Nordisk's majority shareholder plans to invest up to $7 billion a year by 2030, according to the FT.
  • The Moratti family will sell Saras shares representing around 35% of the company's capital to Vitol at EUR 1.75 per share.
  • Tritax and UK Commercial Property agree on a possible stock merger.
  • Alphabet- The group's main subsidiary, Google, pledged 25 million euros on Monday to help Europeans develop their artificial intelligence (AI) skills.
  • Nvidia is creating a new division focused on custom chip design for cloud computing and other companies. The group's CEO, Jensen Huang, said on Monday that all countries should have their own artificial intelligence infrastructure in order to take advantage of the technology's economic potential while protecting their own culture. He also believes that fears about AI are exaggerated.
  • VF Corp - Activist investor Engaged Capital has enlisted the support of the group's founding family, owners of The North Face, Vans and Timberland brands, to secure board seats and implement faster change, one of the family's heirs told Reuters.
  • ASML is to launch production of its new "High NA EUV" machine at a price of $350 million, its latest innovation to maintain market share in the sector.
  • BP Plc is set to benefit from a $700 million windfall thanks to UK tax changes, according to the FT.
  • Jeff Bezos sells around $2 billion of Amazon shares.
  • SoftwareOne gives in to rebel shareholders by combining two meetings.
  • Apple terminates proceedings against Rivos for trade secret infringement.
  • Terna will buy €1.5bn of electricity distribution assets from Enel and Acea, according to Bloomberg.
  • Tesla temporarily reduces Model Y prices in the US.

Today's main earnings reports: Arista, Waste Management, Michelin, Galp Energia, Edison... The full earnings calendar is here.