Oil to hit $100/barrel...

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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

Federal Reserve decides against raising rates, but indicates rates may remain elevated for a longer period - CNBC

Amazon enhances Alexa with generative AI and unveils upgraded devices - CNBC

Ex-Goldman Bankers Make a Fortune With Controversial Bet on Coal - Bloomberg

Apple and Goldman Sachs abandoned iPhone stock-trading feature amid market downturn - CNBC

Walmart opens a pet center with veterinary care and grooming as it signals bigger ambitions - CNBC

Amazon Executives Accused by FTC of Helping Deceive Prime Users - Bloomberg

Qualcomm enters new Wi-Fi router market in deals with Charter, EE - Reuters

America’s Biggest Landlords Can’t Find Houses to Buy Either - WSJ

US employers to see biggest healthcare cost jump in a decade in 2024 - Reuters

Instacart loses almost all its IPO gains by second day of trading as rally fizzles - CNBC

Qantas ex-CEO takes 900% pay rise, but bonus cut amid scandals - Reuters

🇬🇧🇨🇳🇲🇽🇿🇦 International

Chinese EV maker Nio launches smartphone for boosted connectivity and user adoption - Reuters

Toshiba to go private through successful tender offer. - Reuters

India suspends visa services in Canada as diplomatic crisis escalates - CNBC

Stellantis furloughs dozens of workers, warns hundreds more could come as strike continues - CNN

France's Saint-Gobain signs deal to buy renewable electricity from TotalEnergies - Reuters

Arm Holdings shares extend declines, down fourth session in a row - Reuters

🤝 Mergers and Acquisitions

Goldman Sachs nears sale of GreenSky lending unit in consumer retreat - NY Post

Roblox acquires voice moderation startup Speechly - TechCrunch

Oxford Biomedica ciimbs on French contract manufacturer acquisition - Proactive Investors

Marlboro Maker Hits Reset on $2 Billion Bet on Medicine - WSJ

Stada owners near hiring of banks for sale or IPO, Handelsblatt reports - Reuters

Pernod Ricard Seeks Sale of Wine Brand Portfolio Again - Bloomberg

UK's Pendragon rejects $486 million buyout proposal from top shareholder - Reuters

💼 Executives

Adidas CEO defends Kanye West's comments as unintentional - CNBC

Chevron CEO: Oil will break $100 per barrel 'soon' - Fox Business

UniCredit CEO says no big impact from bank tax, but uncertainty harmful - Reuters

CS Disco CEO Kiwi Camara loses $110M pay package after ‘groping female employee': report - NY Post

Nvidia CEO Huang Is Betting on India's AI Market - Bloomberg

Keurig Dr Pepper announces CEO succession plan - Market Watch

Wingstop CEO Michael Skipworth: There's meaningful opportunity to grow AUVs on a double-digit basis - CNBC

Airbnb CEO Brian Chesky: Hotel prices will 'probably rise' next year - CNBC

📈 Earnings

FedEx earnings beat expectations and investor optimism rises with $6 billion cost-cutting plan - CNN

General Mills surpasses expectations with strong Q1 performance despite consumer caution and inflation - Fox Business

Boeing raises long-term forecast for booming China demand, stock gains. - Reuters

Olive Garden parent Darden Restaurants beats earnings estimates, despite weak fine-dining sales - CNBC

Exxon sees $16 billion in earnings for fuels, chemicals by 2027 - Reuters

KB Home stock slips despite earnings beat, raised forecast and ‘steady' demand - Market Watch

SSP Group slips as low-end earnings per share expected - Proactive Investors