• Best Buy advanced 7% in premarket trading after cutting its forecast for a decline in sales to 10% from about 11% for the full year, as the group relied on rebates to mitigate inflation-related demand slowdown.
  • The U.K. Competition Authority announced Tuesday that it is opening a full investigation into Apple and Google's dominance of the mobile operating system market.
  • American Eagle Outfitters jumped 8.46% after better-than-expected third-quarter revenue.
  • Analog Devices was up 3% in premarket trading on the back of a first quarter revenue increase after a strong fiscal fourth quarter.
  • Gamestop Investor Carl Icahn holds a large short position in video-game distributor GameStop, Bloomberg reported Monday, citing sources.
  • Baidu reported better-than-expected revenue from advertising and growth in its cloud and artificial intelligence businesses.
  • JD.Com announced that it will cut the salaries of more than 2,000 senior executives by 10% to 20% next year to help improve benefits for the rest of the staff as part of the Chinese government's "common prosperity" campaign.
  • Enel is launching a major divestment plan to reduce its debt by €21 billion.
  • Shell will reconsider its $30 billion investment in the UK due to the increase of the exceptional tax on profits.
  • Mazda will invest $11 billion by 2030 to procure batteries for electric vehicles.
  • Dell Technologies reported fairly strong results, but the stock lost 2% in after-hours trading.
  • Carl Icahn reportedly holds a large short position in GameStop, according to Bloomberg.
  • Paramount is backing away from selling Simon & Schuster.
  • Alcon finalized the acquisition of U.S.-based Aerie Pharmaceuticals.
  • Zoom Video lowered its revenue outlook for the year. The stock lost 7% in after-hours trading.
  • China Evergrande, saddled with debt, returns land to the city of Wuhan.
  • BHP reaches agreement with Escondida mine union to avoid strike.
  • IMCD is to acquire Indian peer Parkash DyeChem.

Today's top earnings reports: Medtronic, Analog Devices, VMWare, Alimentation Couche-Tard, Dollar Tree, HP Inc, Baidu, CRH Plc, Tag Immobilien, Xior... All the agenda is here.