Credit card losses rising...

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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

UAW extends strike to all GM, Stellantis plants; Ford reaches new labor agreements - Reuters

Amazon plans to introduce advertising to Prime Video from early next year - CNBC

Stocks Flash Recession Warning as Trouble Spreads to Industrials - Bloomberg

Morgan Stanley’s Ellen Zentner Says Fed Is Done Raising Rates for Now - Bloomberg

McDonald's Raises Royalty Fees for New Franchises in 30 Years - CNBC

Credit card losses are rising at the fastest pace since the Great Financial Crisis - CNBC

Morning Bid: Bond yield surge casts dark quarter-end shadow - Reuters

Hollywood writers strike ends with tentative deal, stocks rise. - CNBC

Goodyear Tire to cut 700 jobs, sell retail stores in Asia Pacific - Reuters

Scooter company Bird delisted from NYSE after stock collapse, will trade over the counter - CNBC

Bill Ackman says he’s shorting 30-year Treasury bills, and yields could hit 5.5% ‘soon’ - CNBC

US drillers cut oil and gas rigs for first time in three weeks - Baker Hughes - Reuters

🇬🇧🇨🇳🇲🇽🇿🇦 International

Evergrande's restructuring plan in jeopardy leading to stock plunge and threat of liquidation. - CNBC

AstraZeneca's Breast Cancer Drug Delivers Strong Results, Boosting Company - Reuters

SoftBank Corp to raise over $800 mln via bond-type class shares - Bloomberg News

🤝 Mergers and Acquisitions

Microsoft-Activision restructured $69B deal pleases British regulators - Fox Business

Enovis to acquire implant maker LimaCorporate for 800 million euros in cash and stock - Market Watch

Vodafone in Talks to Sell Challenged Spanish Unit to Zegona - Bloomberg

Seagen Pops After Scoring A 'Must-Win' For Its $43 Billion Takeover By Pfizer - Investors Business Daily

Top shareholder sweetens offer for UK's Pendragon - Reuters

Construction software company Procore acquires Seattle mapping startup Unearth - Geekwire

Booking's Etraveli acquisition blocked by Europe - Proactive Investors

Petronas Nears $1.6 Billion Deal for India’s AM Green Unit Stake, Sources Say - Bloomberg

💼 Executives

Container Store's millionaire CEO cut his salary to make sure staffers get a raise - NY Post

Krispy Kreme stock slumps, as CEO to step down after about 7 years in the role - Market Watch

Super Micro CEO Charles Liang: Our growth can be very strong in the next few years - CNBC

Tilray Brands' CEO Explains Why Beer Is Such a Big Part of the Company's Long-Term Strategy - Motley Fool

Alcoa names COO William F. Oplinger as CEO - Market Watch

Futura Medical CEO James Barder discusses FDA approval, market share gains, and plans for Eroxon - Proactive Investors

📈 Earnings

Scholastic shares plummet on worse-than-expected Q1 earnings - Investopedia

Apple slashes pay raises for retail employees as revenue drops - NY Post

VinFast reports half-a-billion-dollar loss for its second quarter - Market Watch