Microsoft owes $29B...

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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

Positive Ozempic data boosts shares and impacts renal impairment trials - Reuters

Microsoft hit with $29 billion back tax demand by IRS - CNN

Meta Platforms' Stock Soars, Reaches Highest Closing Since Jan 2022 - Fox Business

Fed Minutes Show Officials Divided on Future Rate Rise - WSJ

Disney raises theme park prices at Disneyland and Disney World - Reuters

UAW strike escalates, impacting Ford's largest factory and Louisville truck plant - Reuters

US Wholesale Inflation Surges in September, Outpacing Expectations - Fox Business

Elon Musk makes Tesla Superchargers free to use in Israel - Fox Business

Chipotle plans price increases after pausing hikes this year - CNBC

🇬🇧🇨🇳🇲🇽🇿🇦 International

Birkenstock IPO disappoints, opens below offering price - CNBC

EU's Breton gives Meta's Zuckerberg 24 hours to detail disinformation response - Reuters

UBS halts Middle East travel for staff - Reuters

Union cuts forecast for Stellantis' annual production in Italy - Reuters

Toyota, Idemitsu join hands to mass-produce all-solid-state batteries - Reuters

Chinese officials urge calm after Evergrande fears reportedly spark small bank run - CNN

🤝 Mergers and Acquisitions

Exxon Mobil to Acquire Pioneer Natural Resources in $60 Billion All-Stock Deal - Reuters

Triton to complete acquisition of Siemens Energy's Trench in H1 2024 - Reuters

J.M. Smucker taps corporate bond market to fund cash portion of Hostess Brands deal - Market Watch

Manchester United shares rise on fresh reports Qatari takeover is “close” - Proactive Investors

Spin Master acquires Melissa & Doug for US$950M - Proactive Investors

Piedmont Lithium acquires stake in Newfoundland junior - Kitco

Apollo to buy struggling owner of Wagamama chain for nearly $900 million - Market Watch

💼 Executives

Walgreens names Tim Wentworth new CEO - CNBC

Petrobras expects to drill near Amazon mouth in 2024, says CEO - Reuters

Embraer to meet 2023 delivery outlook, sees similar growth next year -CEO - Reuters

Insurer Humana's longtime CEO Broussard to step down next year - Reuters

Oil prices could surge if Iran enters the war, Pioneer Natural Resources CEO says - CNBC

Verbund CEO says volatility is the 'new normal' on power and gas markets - Reuters

Sherwin-Williams names COO Heidi Petz as new CEO, effective Jan. 1 - Market Watch

📈 Earnings

LVMH Sales Decline Amid Slowing Luxury Demand - CNN

Plug Power stock soars on robust revenue projection - Motley Fool

Delta Air Lines reports strong earnings and record-breaking quarter. - CNBC

Walgreens stock faces challenges as profit outlook falls short, Cramer recommends holding - Reuters

Goldman Sachs sells GreenSky platform, warns of hit to Q3 earnings - CNBC

HP Inc. Reports Strong Financial Outlook, Shares Surge - Investopedia

Publicis raises 2023 sales target again as Q3 beats estimates - Reuters