☀️📈 Juul cuts 30% of workforce

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💰 Featured News

US Q1 payrolls were likely 306k lower than previously estimated - Bloomberg

Euro Area’s Worsening Downturn Fuels Bets on ECB September Pause - Bloomberg

E-cigarette maker Juul slashing 30% of workforce in bid to cut costs - NY Post

New Boeing 737 MAX supplier defect to delay aircraft deliveries - Reuters

CVS pushes into making cheaper versions of complex drugs with new discount Humira - CNBC

European Gas Prices Slump as Risk of Australian Strike Recedes - Bloomberg

BRICS Set to Invite Saudi Membership in Bid for More Clout - Bloomberg

Big Tech braces for EU Digital Services Act regulations - Reuters

Nike falls for record 10th straight day as Foot Locker woes, China slowdown hit stock - CNBC

Analog Devices Faces Challenges as Sales Fall and Stock Slides - CNBC

🤝 Mergers and Acquisitions

United Steelworkers union clashes with U.S. Steel over takeover bid - Yahoo Finance

Engie to acquire Texas-based power storage firm Broad Reach Power - Reuters

Esmark says it won't make a bid for U.S. Steel - Market Watch

Manchester United takeover: New York stock rallies on UK reports Qatar banker has ‘won' - Proactive Investors

Synopsys completes acquisition of PikeTec car testing software firm - Venture Beat

💼 Executives

Elon Musk slams Facebook for ‘manipulating the public almost everywhere on Earth' - NY Post

Cboe CEO on Surge in VIX Options Trading, New Products - Bloomberg

Groupon stock soars after interim CEO buys 449,000 shares - Market Watch

Uber's outgoing CFO dumps $4.5 million in stock - Market Watch

The consumer has gone back to normal seasonality, says La-Z-Boy CEO - CNBC

Nikola's New CEO Says Hydrogen Semis Still Coming This Year As It Recalls Battery Trucks - Forbes

Medibank CEO says remediation was the focus for FY23 after last year's cyber attack - CNBC

📈 Earnings

Nvidia's Q2 Revenue Soars 88%, Beats Expectations on Strong AI Chip Demand - CNBC

Peloton stock plunges as earnings disappoint and subscriber numbers decline - CNBC

Abercrombie & Fitch's stock soars on blowout earnings results and raised guidance. - CNBC

Kohl's stock rises on strong Q2 earnings and Sephora partnership. - Proactive Investors

Guess stock surges on strong Q2 earnings and raised profit outlook. - Proactive Investors

Foot Locker's revenue miss and lowered guidance sparks stock plummet and dividend suspension - Fox Business

Snowflake exceeds expectations with strong Q2 results, but stock still declines. - Investors Business Daily

Urban Outfitters sales rise in Q2 earnings beat - Yahoo Finance

Dollar Tree's Earnings Add to Retailers' Theft Concerns. Stock Falls. - Barrons

Bath & Body Works Earnings Topped Estimates. Why the Stock Is Dropping. - Barrons

🇺🇸 USA

Apellis Pharmaceuticals stock soars on safety review and injection kit update. - Investors Business Daily

BlackRock turned down record number of climate proposals amid inflation, ESG pushback - Fox Business

Macy's sounds the alarm on credit card delinquencies - CNN

ETF which tracks CNBC star Jim Cramer's stock picks shuts down - NY Post

Bank of America Trading Desks Gain Ground - Bloomberg

🇬🇧🇨🇳🇲🇽🇿🇦 International

Mallinckrodt Files for Chapter 11 Bankruptcy - Reuters

Trudeau’s Oil Pipeline at Risk of More Delays With Route Change - Bloomberg

Goldman, JPMorgan, Morgan Stanley, UBS in $499 million stock lending settlement - CNN

Better Is Going Public at a Bad Time for Mortgage Lenders - Barrons

Polestar Upgrades Model, Hits EV Production Milestone. It's Still Losing Ground To Tesla. - Barrons

Norwegian Air eyes dividend payments as Q2 core profit rises - Reuters

Volkswagen strikes direct supply deals for chips to avoid global shortage - Reuters

Chinese Video Game Publisher NetEase Tops Earnings Target But Sales Lag - Investors Business Daily

Weibo stock falls as Chinese social media giant posts mixed 2Q earnings report - Proactive Investors

Colombia's Ecopetrol may restart exploration on eight suspended contracts - Reuters