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The Bank of N.T. Butterfield & Son (NYSE:NTB) entered into a definitive agreement to acquire a controlling 91.7% stake in CIBC Caribbean Bank from Canadian Imperial Bank of Commerce.

Gregory Peters, co-chief investment officer at PGIM Credit, says he sees "shock, after shock, after shock" in markets. "That leads to higher inflation," Peters says, adding this has an impact on central banks' interest-rate positioning. He speaks on Bloomberg Television.

Weibo (NASDAQ:WB) reported a 6% increase in first-quarter net revenue, propelled by a recovery in digital advertising demand that outpaced ongoing structural declines in its secondary value-added services division.

XPeng (NYSE:XPEV) reported a decline in first-quarter revenue and a widening net loss as vehicle deliveries contracted during a seasonal slowdown in the Chinese electric vehicle market.

Salesforce gave a revenue outlook for the current period that fell just short of analysts' estimates. Revenue will be about $11.3 billion in the fiscal second quarter, which ends in July, Salesforce said Wednesday. The leading maker of customer management software is under pressure to show it can thrive in the AI era. Bloomberg's Neil Campling reports.

French artificial intelligence startup Mistral AI is expanding into advanced manufacturing, striking deals with new customers Airbus and BMW as it looks to so-called physical AI to fuel growth. Mistral is also announcing a new data centre in France. The CEO and co-founder Arthur Mensch spoke with Bloomberg's Tom Mackenzie from Paris.

Description: French artificial intelligence startup Mistral AI is expanding into advanced manufacturing, striking deals with new customers Airbus and BMW as it looks to so-called physical AI to fuel growth. Mistral is also announcing a new data centre in France. The CEO and co-founder Arthur Mensch spoke with Bloomberg's Tom Mackenzie from Paris.

GSK (NYSE:GSK) and partner Ionis Pharmaceuticals (NASDAQ:IONS) announced positive data from two pivotal Phase 3 trials evaluating bepirovirsen, an investigational antisense oligonucleotide designed to treat chronic hepatitis B.

DouYu International Holdings (NASDAQ:DOYU) reported a 13.2% decline in total net revenues for the first quarter of 2026, underscoring ongoing structural challenges in China’s game-centric live streaming market.

Li Auto (NASDAQ:LI) swung to a net loss in the first quarter of 2026 as intense domestic pricing competition drastically compressed its profit margins, overshadowing a modest rise in total vehicle deliveries.

Oil prices jumped more than 2% on Thursday morning after Iran’s Islamic Revolutionary Guard Corps targeted a U.S. military installation, swiftly reversing a sharp sell-off from the previous session that had been fueled by optimism over a potential diplomatic resolution to the conflict.

Futu Holdings (NASDAQ:FUTU) reported a 24.7% increase in total revenue for the first quarter of 2026, driven by sustained transaction volume across its digital brokerage and wealth management platforms.