Microsoft unveiled a vision for AI agents at its annual Build conference, highlighting their potential to operate across various contexts and enhance productivity. The company announced the availability of Grok 3, an AI model from Elon Musk's xAI, on its Azure AI Foundry marketplace. Microsoft shares closed up 1% on Monday.
Pfizer entered an exclusive licensing agreement with 3SBio for an experimental cancer treatment, SSGJ-707, with an upfront payment of 4 million and potential additional payments of up to .8 billion. Following the announcement, shares of 3SBio surged over 32%.
Foxconn plans to invest nearly .5 billion in its Indian operations, acquiring shares in Yuzhan Technology India as Apple shifts some iPhone assembly from China to India.
Contemporary Amperex Technology Co Limited (CATL) shares rose 16.4% in its market debut, raising billion in the largest IPO of the year.
Vodafone reported a full-year operating loss of €411 million, down from a €3.67 billion profit the previous year, attributed to non-cash impairment charges. Despite this, Vodafone launched a €2 billion share buyback program, leading to a 1.6% increase in its shares.