$6.9B trade dataset powers RedCloud's planned FMCG AI agents

RedCloud Holdings (Nasdaq: RCT) said it signed a joint venture and 20-year licensing deal with Delhi-based Dheer Marketing India to deploy its RedAI/RAID intelligence engine in India. The agreement has up to $120M aggregate license value, structured as a $6M annual fee plus profit share, with RedCloud 51% and Dheer 49%. RedCloud expects rollout beyond FMCG into apparel and footwear.

Microsoft is restructuring into two divisions: 'Agents and Infra' (AI models, GitHub, Azure, Microsoft 365) and 'Devices and Consumer' (Xbox, Windows, Bing, LinkedIn). According to the Wall Street Journal, 'Agents and Infra' is projected to generate $75 billion in Q1 2025 revenue, while 'Devices and Consumer' is expected to bring in $15 billion. CEO Satya Nadella cited AI's impact on the company's organizational changes.

Ryanair, Europe's largest low-cost airline, plans to cut winter capacity to save €70-100 million, citing potential jet fuel prices surpassing $140/barrel. The company reduced its full-year passenger target and warned of higher ticket prices if fuel costs persist. Ryanair has hedged 80% of its fuel but remains exposed to elevated spot costs.

Tesla's 2026 SEC filing revealed CEO Elon Musk's 2025 compensation valued at $158.35 billion, mostly in stock awards. If converted to Bitcoin at May 1, 2026 prices, it could have bought 2.075 million BTC, nearly 10% of Bitcoin's max supply. Tesla previously held Bitcoin, selling most but retaining 11,509 BTC by 2025.

Manitoba Hydro considers a $3B deal with GE Vernova for natural gas turbines, despite criticism from environmental groups due to the company's political donations. The turbines aim to address a projected energy shortfall by 2030, producing 750 megawatts. The province's energy regulator is reviewing the proposal, with recommendations expected later this year. GE Vernova was the only final bidder, and delays could impact Manitoba's energy reliability and finances, according to officials.

BP appointed Ian Tyler, former CEO of Balfour Beatty, as its permanent chair. Amanda Blanc, senior independent director, will step down after a successor is found. BP's share price fell 0.6% on the news. Tyler, who also chairs Grafton Group, aims to engage with shareholders and support BP's strategic priorities. BP shares have gained 25% year-to-date, in line with Shell. Tyler will review his board commitments to focus on BP. Activist hedge fund Elliott Investment Management holds a stake in BP.