GOOGL's breakthrough AI...

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

Google launches its largest and 'most capable' AI model, Gemini - CNBC

Apple to reportedly launch new iPads, M3 MacBook Air to fight weak sales - New York Post

Wall Street CEOs say proposed banking rules will hurt small businesses, low-income Americans - CNBC

McDonald's to open first CosMc's spinoff restaurant this week - CNBC

Facebook and Instagram content enabled child sexual abuse, trafficking: New Mexico lawsuit - CNBC

Disney begins integrating Hulu into Disney+ streaming service - Reuters

Comcast to raise prices for its Xfinity programs - Reuters

Meta and Microsoft say they will buy AMD's new AI chip as an alternative to Nvidia - CNBC

Cigarette maker BAT warns US brands have no long-term future, plans $31.5B writedown - New York Post

Campbell Soup Leads S&P 500 Gains as Higher Prices Help Profit Beat Estimates - Investopedia

Private sector job growth cools more than expected in November: ADP - Fox Business

McDonald's aims to open nearly 9,000 restaurants, add 100 million loyalty members by 2027 - CNBC

Asana Warns About Lackluster Renewals; Shares Fall - Investopedia

Mortgage refinance demand jumps 14% as rates fall to lowest point since August - CNBC

Homebuilder stocks had a huge year: What to watch for in 2024 - Yahoo Finance

Citi Estimates $3 Trillion of Dry Powder - Bloomberg Markets and Finance

🇬🇧🇨🇳🇲🇽🇿🇦 International

Stellantis seeks to void California emissions deal with rival automakers - Reuters

Exclusive: Novozymes, Chr. Hansen tie-up likely to win EU nod, sources say - Reuters

Fresenius Medical Care says data on 500,000 people stolen in U.S. - Reuters

Volkswagen brand to slash administrative staff costs by a fifth - Reuters

Nissan, Mitsubishi confirm investment plans in Renault EV unit - Reuters

Toyota to sell entire stake in Japan's Harmonic Drive Systems -filing - Reuters

PlayStation Will Remove Discovery Shows Despite User Purchase - NYTimes

Exclusive: China EV maker Nio to spin off its battery production unit - Reuters

🤝 Mergers and Acquisitions

Exclusive: AbbVie nears roughly $8 billion deal for drug developer Cerevel-sources - Reuters

Danaher completes $5.7 billion acquisition of Abcam - Reuters

FTC tries again to block Microsoft's acquisition of Activision - Fox Business

Yum's KFC division agrees to acquire more than 200 KFC restaurants in the UK and Ireland from franchisee EG Group - Market Watch

💼 Executives

Amazon CEO explains how company carries out same-day delivery - CNBC

Walmart CEO says consumers may not be as resilient next year, even as deflation starts to show - CNBC

Elon Musk Says Tesla's Model 2 Will Be Smaller, Mass-Produced in Texas - Barrons

Walmart's hiring and wage pressures have eased, CEO says - CNBC

New Mexico sues Meta, CEO Zuckerberg over child protection failures - Reuters

Citi's 2023 revenue expected to be at lower end of forecast, CFO says - Reuters

Robinhood CEO on crypto rally: Optimism around bitcoin ETF, changing interest rate environment - CNBC Television

📈 Earnings

SentinelOne Stock Spikes as Earnings Top Estimates - Barrons

Global Airlines Set to Reach Record Revenue in 2023 - Bloomberg Markets and Finance

Chewy's stock drops 8% on revenue miss - Market Watch

Brown-Forman's stock slides 4.7% after earnings fall short of estimates - Market Watch

GameStop stock slips after revenue miss, and Ryan Cohen eyes equity investments - Market Watch

ChargePoint's stock dips on widening loss, revenue miss - Market Watch

InMode's stock slides 13% after Israeli medtech company issues profit warning - Market Watch

United Natural Foods Q1 loss is narrower than expected but sales fall slightly short - Market Watch