Dollar drops...

Good Morning!

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

J.M. Smucker to Acquire Hostess Brands, Driving Stock Surge - CNBC

Disney, Charter End Dispute, Restoring ESPN, ABC to 15 Million Households - WSJ

Dollar Drops Most in Two Months as Yuan, Yen Rally on Pushback - Bloomberg

Tesla's AI upgrade and supercomputer boost market cap by $600 billion - CNBC

U.S. v. Google: What to Know About the Biggest Antitrust Trial in 20 Years - WSJ

FDA Approves Updated Covid Vaccines from Pfizer and Moderna - CNBC

Hedge Fund Boss Calls Hidrógeno Bets ‘Complete Waste of Time’ - Bloomberg

Telesat buys SpaceX launches for Lightspeed internet satellites - CNBC

🇬🇧🇨🇳🇲🇽🇿🇦 International

Ryanair's O'Leary says Italian price decree "illegal and unenforceable" - Reuters

Oil Trades Near $91 a barrel in London as Fuel Markets Tighten - Bloomberg

Goldman Sachs discloses short position in Philips after Dutch regulator review - Reuters

How Luckin Coffee overtook Starbucks as the largest coffee chain in China - CNBC

Exclusive: Colombia mulls making Ecopetrol mandatory partner in offshore wind farms - Reuters

🤝 Mergers and Acquisitions

Ithaca Energy acquires Shell's stake in UK Cambo field - Reuters

Packaging giant Smurfit Kappa's shares fall 11% after WestRock merger announcement - CNBC

Cetera to Aquire Avantax in $1.2 Billion Cash Deal - Investopedia

XA Interactive Acquires All Assets of Louisiana Onshore Exploration in a Landmark All-Stock Transaction - MCAP Mediawire

Camping World Set to Acquire Edmundson RV - Business Wire

💼 Executives

Macy's-owned Bloomingdale's taps international exec Olivier Bron as its next CEO - CNBC

Exclusive: Goldman shrinks executive committee in reshuffle, moves admin officer to banking, markets - sources - Reuters

Alibaba's new CEO embraces AI and wants a younger management team - CNN

Ecopetrol aims to be energy self-sufficient through renewables -CEO - Reuters

JPMorgan's Jamie Dimon says we've been 'spending like drunken sailors,' and that's a big risk to the economy - Business Insider

Orthofix terminates CEO, CFO and CLO for repeated ‘offensive conduct,' and stock plunges - Market Watch

Bird Global Appoints H. Joseph Prodan as CFO - Business Wire

📈 Earnings

Oracle stock drops as 1Q earnings miss expectations; Larry Ellison showcases generative AI potential - CNBC

C3.ai Stock: Slow Growth and Weak Guidance. - Motley Fool

Casey's General Stores shares rise as 1Q earnings top expectations - Proactive Investors

Skillsoft 2Q revenue beats estimates; stock rises - Proactive Investors