Bezos sells stock...

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This is Market Mornings. The fastest way to get the most important stock market news each day. Just the headlines, none of the other nonsense. Read by over 10,000 professional investors from firms like Goldman Sachs, Centerview, JPM, Qatalyst, and more!

💰 Featured News

Sam Altman is back as CEO of Open AI with a new Board - Twitter

Fed gave no indication of possible rate cuts at last meeting, minutes show - CNBC

Jeff Bezos 'aggressive' again Tuesday selling more Amazon stock after unloading shares last week, sources say - CNBC

Blackstone to close multi-strategy fund after assets drop nearly 90% - Reuters

Patient privacy fears as US spy tech firm Palantir wins £480m NHS contract - The Guardian

Ford to scale back plans for $3.5 billion Michigan battery plant as EV demand disappoints, labor costs rise - CNBC

Home sales slumped to 13-year low — 5th straight monthly decline — as prices soar - NY Post

🇬🇧🇨🇳🇲🇽🇿🇦 International

Goldman Sachs expects China stocks to make first annual gain in 4 years in 2024 - CNBC

Ryanair's O'Leary dismisses Italy's pricing investigation as a ‘joke' - Reuters

Volkswagen begins operating first wholly owned battery pack plant in China - local govt - Reuters

Eutelsat OneWeb gets Indian go-ahead for satellite broadband services - Reuters

BioNTech says European Patent Office has declared Moderna patent invalid - Reuters

Novo Nordisk says diabetes drugs shortages will persist through 2024 - Reuters

Siemens Energy shares down 11% as investor day underwhelms - Reuters

China's Nio, Changan Auto to jointly develop battery-swapping EVs - Reuters

🤝 Mergers and Acquisitions

Broadcom and VMWare navigate final hurdle as Chinese regulators set conditions for $61B megadeal - Proactive Investors

Merck paying $610 million for Caraway Therapeutics - Market Watch

Luminar CEO's deal to buy Forbes called off - The Information

BeiGene agrees to acquire Ensem Therapeutics' cancer therapy - Reuters

Wyndham Rebuffs Latest Takeover Attempt From Choice Hotels - WSJ

Blackstone close to buying software company Civica for $2.5 billion - WSJ

Adventus and Luminex Announce Merger to Create a Growth-Focused Copper-Gold Company in Ecuador - GlobeNewsWire

eBay Supports Voluntary Offer to Acquire Adevinta - PRNewsWire

💼 Executives

OpenAI's new CEO once compared working for Microsoft to selling his soul. It'll now be his biggest investor. - Business Insider

HP CEO says AI capabilities will 'double the growth of the PC category' - CNBC

Plug Power CEO Sees the Path Forward After the Accounting Warning - Barrons

We think the PC market has started to recover, says HP CEO Enrique Lores -CNBC

The impact of wight-loss drugs to our business 'is negligable', says Medtronic CEO - CNBC

Sotheby's CEO Charles Stewart: A lot of the more speculative money has left the auction market - CNBC

Microsoft CEO Nadella: Very clear something has to change around OpenAI governance - CNBC

📈 Earnings

Lowe's cuts sales outlook as homeowners take on fewer projects; shares slide - CNBC

Kohl's sales miss estimates as shoppers trim spending on non-essentials - Fox Business

Dick's Sporting Goods shares jump after retailer hikes outlook as it bounces back from theft woes - CNBC

Best Buy cuts sales forecast, as holiday shoppers hunt for deals - CNBC

Abercrombie & Fitch raises outlook after quarterly sales surge 20% - CNBC

Nordstrom sales come up short, echoing broader retail industry pressures - CNBC

Medical device maker Medtronic raises fiscal 2024 profit view - Reuters

Autodesk's stock is up as earnings, revenue top analyst estimates; guidance is strong - Market Watch

Symbotic Stock Soars 22% as Earnings Beat and Revenue Crushes Estimates - Motley Fool

Guess shares drop 14% as retailer cuts revenue, profit outlook - Market Watch