Tesla Inc. $TSLA recorded a 9% stock increase during early trading hours on Monday, reaching $351.35, following the debut of its first Robotaxi service in Austin, Texas. The rollout, featuring a small fleet of Model Y vehicles, represents a crucial milestone in the company’s self-driving roadmap.
Coinbase $COIN has officially introduced Coinbase Payments, a three-tiered infrastructure designed to simplify the integration of USDC $USDCUSD transactions for commerce platforms. This strategic rollout positions Coinbase as a central payments enabler in the growing stablecoin economy, offering turnkey tools that bypass the need for direct blockchain deployment.
XPS Pensions Group PLC $XPS.L posted robust financial results for the fiscal year ended 31 March 2025, highlighting consistent topline growth and operational leverage. The UK-based pension consultancy reported a revenue increase of 18% year-over-year, reaching £231.8 million, in line with its April 16 trading update. This revenue growth was driven by continued demand across pension administration, investment advisory, and actuarial consulting segments. The firm’s business model has shown resilience amid regulatory complexities and structural pension scheme transitions across the UK.
Audi AG has unveiled the third generation of its Q3 compact crossover, introducing a bold redesign and a comprehensive interior reconfiguration. Since its launch in 2011, over two million Q3 units have been sold globally, positioning the model as a key contributor to the brand’s performance in the premium compact SUV segment. The new Q3 will enter the European market in September 2025, with a starting price of £38,300 (GBP), reflecting Audi’s continued push toward higher-margin, tech-enhanced vehicles in a competitive segment that includes the BMW X1 $BMW.DE and Mercedes-Benz GLA $MBG.DE.
MultiChoice Nigeria, a subsidiary of the South African pay-TV giant MultiChoice Group $MCG.JO, reported a staggering 44% drop in subscription revenue to $197.74 million for the fiscal year ending March 2025. This marks a significant decline from the $355.93 million recorded in the prior year, driven primarily by aggressive subscriber attrition. The financial report attributes the drop to "significant customer losses in Nigeria", where macroeconomic instability and accelerating inflation have substantially eroded consumer spending power. As of April 2025, Nigeria’s inflation rate surged to 23.71%, according to the National Bureau of Statistics, exacerbating household budget constraints.
Canadian-headquartered engineering consultancy WSP Global Inc. $WSP.TO has agreed to acquire Ricardo plc $RCDO.L for £281 million, marking a significant step in its strategic expansion into energy transition, environmental consultancy, and the rail sector. The deal strengthens WSP’s foothold across Europe, particularly the UK, where Ricardo is based, and expands its operational reach to 20 countries and 2,700 professionals. This acquisition follows WSP’s broader strategy of sustainable growth, aimed at consolidating sector-specific expertise amid rising global demand for infrastructure decarbonisation and transportation transformation.
The recent resolution of internal tensions within Donald Trump’s cryptocurrency empire marks a significant shift in strategy. Eric Trump has indicated that family-linked World Liberty Financial is set to make a substantial investment in the debated Trump memecoin $TRUMPUSD, altering the dynamics of the family’s crypto involvement.
Kimberly-Clark Corporation $KMB appears poised to finalize the sale of its global tissue segment, excluding North America, to Brazilian pulp manufacturer Suzano SA $SUZ. Valued at approximately $3.5 billion, this transaction represents a significant corporate pivot for the Dallas-based consumer goods powerhouse.
Neuralink Corp., Elon Musk’s pioneering venture in the field of neurotechnology, has closed a landmark Series E funding round totaling 650 million USD. The round, disclosed on Monday, attracted significant attention from at least 11 major investors, including ARK Investment Management, Founders Fund, and Sequoia Capital. This latest injection of capital marks one of the largest fundraising events in the nascent brain-computer interface (BCI) sector, underscoring robust institutional confidence.
Dell Technologies Inc. $DELL delivered an optimistic annual profit forecast that eclipsed previous estimates, driven by a substantial increase in orders for servers tailored to artificial intelligence (AI) infrastructure. The Texas-based technology group now anticipates adjusted earnings of approximately $9.40 per share for the fiscal year ending January 2026, surpassing its February guidance. The corporation also reaffirmed its revenue projection for the year, targeting nearly $103 billion — fully in line with market consensus.
Sociedad Química y Minera de Chile (SQM), a global leader in lithium production, delivered unprecedented shipment volumes in the first quarter of 2025. This performance came amid a persistent decline in lithium prices, now hovering at multi-year lows. SQM leverages its competitive cost structure to bolster market presence, even as sector profitability faces pressure due to softer pricing in the global battery metals landscape.
Ivanhoe Mines Ltd. $IVN.TO faced a pronounced sell-off, with shares plunging by up to 18% in Toronto—the largest intraday fall since the Covid-19 market rout in March 2020. The catalyst was the withdrawal of cost and production guidance for the Kamoa-Kakula copper complex, the African continent’s most significant mining asset.
