Shares Rise

• Kraft Heinz reported Q1 2026 sales of $6,047 million, net income of $798 million, and basic EPS of $0.67, beating expectations. • Company completed $1.51 billion share repurchase and launched $1.10 billion tender offer for long-dated debt notes, affirming quarterly dividend of $0.40 payable June 26. • Results highlight early turnaround progress under CEO Steve Cahillane amid weak North American volumes and inflation pressures; projects $24.8 billion revenue by 2029.

• HSBC released its Q1 2026 earnings call transcript showing results fell short of expectations amid challenging market conditions. • Despite the earnings miss, HSBC's stock price increased following the announcement, reflecting investor confidence in the bank's outlook. • The results highlight ongoing pressures in global banking, with potential impacts on investor sentiment toward international financial institutions listed in the US.

• BSE shares climbed 3% to Rs 3,833 on the NSE following robust March quarter results from the National Stock Exchange, which reported an 8% rise in consolidated net profit driven by equity derivatives trading growth. • The Nifty Capital Market index gained 1.5%, with 15 of 17 constituents in the green, boosted by NSE's performance and Angel One's positive April business update. • This upmove reflects renewed investor confidence in capital market firms amid broader market recovery and increased trading volumes.