Another worrisome inflation indicator...

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💰 Featured News

Treasury yields surge to multiyear highs, stocks trade mixed - CNBC

Delta to modify SkyMiles program after backlash - CNBC

Zero-day options now account for 50% of S&P options volumes - Financial Times

PTC Therapeutics announces job cuts to lower annual operating expenses - Reuters

Americans Saved $1.1 Trillion Less Than Previously Thought From 2017-2022 - Bloomberg

AMD's stock pops after Microsoft tech chief touts chipmaker's AI products - CNBC

Levi Strauss gets an Outperform rating from TD Cowen - Yahoo Finance

BlackRock’s Rieder thinks investors should believe the Fed that it’s going to hike again - CNBC

T. Rowe Shorts Treasuries as Soaring Yields Upend Wall Street - Bloomberg

Another Worrisome Inflation Indicator: Surging Mining Costs - WSJ

🇬🇧🇨🇳🇲🇽🇿🇦 International

UK regulator clears $1.52 bln UnitedHealth-EMIS deal - Reuters

HSBC executive to exit after deploring UK's stance on China - Bloomberg News

Honda forms largest EV partner network in the US despite not yet selling an EV in the country - TechCrunch

Credit Suisse sheds nearly 13% of workforce - Reuters

Spotify Stock's ‘Darkest Days' Are Ahead, Says Analyst - Barrons

$1 bln metals SPAC deal backed by Glencore, automakers collapses - Reuters

PetroChina begins building $3 bln petchem complex in Xinjiang - Reuters

Evergrande's chairman has been detained. The company will struggle to survive - CNN

TSMC's Chip Recovery May Be Delayed, Says J.P. Morgan - Barrons

🤝 Mergers / Acquisitions / Partnerships

Chico's FAS to be taken private in $1 billion deal, stock soars. - Proactive Investors

Endeavor, Fenway Sports weighing deal with PGA - Bloomberg News

AGCO and Trimble Announce $2 Billion Joint Venture for Precision Ag Technology - Investors Place

Germany Nears €20 Billion Deal to Buy Power Grid From Tennet - Bloomberg

Macquarie considering $775 million possible offer for UK's Renewi - Reuters

Exclusive: HSBC to acquire Citigroup China consumer wealth business - Reuters

Japan's Sony says Zee merger to be delayed by a few months - Reuters

Blue Apron reportedly strikes acquisition deal, stock soars 100% - Market Watch

One World Lithium signs definitive agreement to acquire two patent applications for a lithium extraction technology - Proactive Investors

Neon Bloom Signs Letter of Intent to Acquire Advanced Executive Sales, LLC - MCAP Mediawire

NEW WAVE ANNOUNCES SIGNING OF DEFINITIVE AGREEMENT TO ACQUIRE ROSEY INC. - GlobeNewsWire

💼 Executives

Coinbase CEO slams JPMorgan for banning crypto payments in UK, suggests government should act - CNBC

Boeing CEO says travel demand recovery is 'more resilient' than he imagined - CNBC

Shopify investment an 'incredible endorsement': Faire CEO - Yahoo Finance

Billionaire Chewy cofounder Ryan Cohen takes over as GameStop CEO - Business Insider

Allianz CFO headed for Generali to lead insurance business, Italian media report - Reuters

Workday's new CEO and CFO are 'the two best copilots you could have', says Jefferies' Brent Thill - CNBC

📈 Earnings

Nike's revenue falls short of expectations for the first time in two years, but exceeds estimates for earnings and gross margin - CNBC

CarMax's stock slides and profit slips due to slow used-vehicle demand and affordability challenges. - Reuters

Workday stock plunges on lowered revenue guidance - CNBC

Accenture Stock Slips as Earnings and Sales Guidance Fall Short - Investopedia

Credit Suisse expects Q3 loss of $1.6bn from reclassifying loans - Reuters

JetBlue cuts revenue forecast due to weather disruptions, staffing gaps - Reuters

Chipmaker Micron Predicts Steep Loss in Current Quarter - Bloomberg

Tesla's quarterly deliveries, profit seen lower by Citi - Market Watch