By Katy Barnato

QXO $(QXO)$: The building-products distributor agreed to buy Beacon Roofing Supply (BECN), in a deal worth about $11 billion including debt that is expected to be announced early Thursday. QXO shares jumped more than 8% in premarket trading.

Nvidia $(NVDA)$: Chief Executive Jensen Huang told the Financial Times the company would spend hundreds of billions of dollars on chips and other electronics made in the U.S. His remarks came as Nvidia hosts its flagship AI conference.

Nissan Motor (JP:7201): The Japanese car maker said it would cut 20% of senior management positions, starting April when the new chief executive takes over. Shares fell 2.4% Thursday.

CVC Capital Partners (NL:CVC): The buyout firm's first full-year earnings since going public beat expectations. Shares rose roughly 3% in Amsterdam in morning trading.

Geely Automobile (HK:175): The company's net profit more than tripled in 2024, helping cement its position as a leading Chinese EV player. Shares gained 1.5% in Hong Kong.

SoftBank (JP:9984): The Japanese tech conglomerate agreed to buy U.S. chip designer Ampere Computing for $6.5 billion, its latest AI-related investment. SoftBank shares fell 2%.

Accenture $(ACN)$ and PDD $(PDD)$: The professional-services firm and the Chinese e-commerce company are both due to report early Thursday. Later, results are slated from FedEx $(FDX)$, memory-chip maker Micron Technology $(MU)$ and Nike $(NKE)$.

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March 20, 2025 06:00 ET (10:00 GMT)

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