Alibaba Group Holding froze the top executives' pay rises for the current year and granted junior employees with larger salary increases instead amid China's curbs on big tech.
Margrethe Vestager, the European Union's antitrust chief, is set to conduct a news conference on Friday at 11:00 GMT, where she will charge the tech giant Apple for anti-competitive practices.
Gilead Sciences reported its Q1 product sales soared 16%, including $1.46B in sales of Remdesivir, the company's COVID-19 antiviral drug, but warned the sales of its hepatitis C and HIV drugs were down amid the pandemic.
Ford Motors' shares tumbled over 10% on Thursday, following the report that the global chip shortage could potentially trim its Q2 vehicle production in half.
General Motors is planning to start making electric cars in Mexico from 2023 as part of its $1.0B investment, the US automaker announced.
Twitter's shares plunged 9% in after-trade hours on Thursday on its lukewarm revenue outlook for the Q2 and warned of surging costs and expenses, marking potential user growth decline in the current year.
Amazon.com reported the largest profit ever, with the company's sales rising as well, boosted by consumer spendings during the pandemic, while shares surged as much as 4% after the US trading session ended.
On Thursday, the S&P 500 reached its intraday record high, driven by Facebook's gains following the social media giant's robust earnings report.
Shares of Ford Motor declined above 10% on Thursday, following its warning about the global semiconductor chip shortage, which would cut its Q2 vehicle production in half.
Salesforce.com Inc announced that supplier contracts will require partner companies to set carbon-reduction goals and deliver services and products on a carbon-neutral basis.
The New York Times reported that Microsoft is set to slash its charges for developers of video games for using its online store starting from August.
Unilever announced a €3B share buyback, adding that it was assured of hitting this year's sales targets, as demand from home cooks and China helped to beat Q1 sales expectations.
According to the Canalys report, Samsung shipped 76.5M smartphones in the Q1, getting a 22% market share, while Apple shipped 52.4M iPhones in the same period.
Mastercard Inc reported that its net revenue increased 4% to $4.2B from last year, surpassing estimates for $3.99B, as improved consumer spending helped offset a decline in cross-border card payments.
On Thursday, Apple and Facebook posted their stellar earnings, boosting the Wall Street main indexes during the US trading hours.
China's Baidu announced on Thursday it is set to launch paid driverless ride-hailing services in Beijing starting May 2, making it the first local company among the others to offer such a service to paying users.
On Thursday, Merck reported a 1.2% drop in its Q1 profit, tumbled by a decline in visits to medical facilities due to the growing number of COVID-19 cases in the United States in January 2021.
Lufthansa has trimmed its flight capacity outlook for 2021 amid slow travel rebound following the pandemic, sending its shares 1.15% down early on Thursday.
On Thursday, global shares gained a lift following the Federal Reserve's statement that it was not the time yet to think over rolling back the economy's emergency support, and the US President Joe Biden's proposal of $1.8 trillion stimulus package.
Airbus has confirmed its plans on Thursday to raise the output of the planemaker's most-sold jets, sending its shares up 2.8% on the news.
On Thursday, Airbus reported better-than-expected Q1 core earnings but maintained its forecasts due to uncertainty during the COVID-19 pandemic.
China's Huawei Technologies has entered talks about gaining control over small local carmaker's electric vehicle unit, in a strategic move to expand more in the EV manufacturing.
Global electric vehicle sales accelerated in the Q1, but the industry still needs government help for building charging stations and imposing bans on fossil-fuel cars to keep this momentum going, the IEA stated on Thursday.
The European Investment Bank raised €100M from a two-year digital bond sale in a sign of attention from the capital markets in using blockchain technology.