Retail sales fall...

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💰 Featured News

The market thinks the Fed is going to start cutting rates aggressively. Investors could be in for a letdown - CNBC

Microsoft announces custom AI chip that could compete with Nvidia - CNBC

Retail sales drop in October for first time in 7 months - Fox Business

US steelmakers set for strong start to 2024 as UAW strike fuels price gains - Reuters

Wholesale inflation unexpectedly tumbles 0.5% in October, biggest drop in 3 years - Fox Business

Fed President Daly warns against calling time on rate-rising cycle too soon - Reuters

Mortgage demand surges to 5-week high after recent drop in mortgage rates - Fox Business

Citigroup begins layoffs as part of CEO Jane Fraser's corporate overhaul - CNBC

Eli Lilly plans to invest 2 bln euros in new German plant -source - Reuters

🇬🇧🇨🇳🇲🇽🇿🇦 International

Spotify to use Google's AI to tailor podcasts, audiobooks recommendations - Reuters

Vatican in deal with Volkswagen for all-electric car fleet by 2030 - Reuters

France's top court demands new trial over $2 bln UBS fine - Reuters

Thoma Bravo to sell about $500 million in Dynatrace stock - Market Watch

Hyundai unveils its first high-performance electric car - Reuters

Tencent shrugged off a new US AI chip ban, saying it's stockpiled enough Nvidia processors for 'a couple more generations' - Business Insider

🤝 Mergers and Acquisitions

Yuengling's Ice Cream Announces Acquisition of Cybersecurity Firm ReachOut Technology - GlobeNewsWire

GigaCloud Technology Inc Announces Acquisition of Wondersign - GlobeNewsWire

WaveDancer Announces Merger Agreement with Firefly Neuroscience - GlobeNewsWire

Q32 Bio and Homology Medicines Announce Merger Agreement - GlobeNewsWire

Astellas to Acquire Propella Therapeutics - PRNewsWire

💼 Executives

Palo Alto Networks CEO says demand remains high despite quarterly weakness in billings - CNBC

Target CEO says he's pleased with the progress that's been made against retail theft - CNBC

Microsoft is fine avoiding China as U.S. considers national security implications, CEO Satya Nadella says - CNBC

Goodyear CEO to retire in 2024 as tire maker plans to streamline business - Reuters

The CEO of Ford is throwing shade at the Cybertruck's viral — and messy — attempt to drive up a dirt hill - Business Insider

CME Group CEO: We will see continual volatility in the markets next year - CNBC

📈 Earnings

Cisco cuts full-year revenue forecast - Reuters

TJX Companies raises guidance again, says it expects a strong holiday as shoppers hunt for deals - CNBC

Alibaba shares slide 5% after it disappoints on profit, curbs cloud spinoff - CNBC

Tencent posts strong revenue growth as games sales recover - Reuters

Burberry shares sink 9% as luxury spending slowdown bites - CNBC

Siemens beats earnings forecasts, says sales growth to slow in 2024 - CNBC

Target stock soars 17% on Q3 earnings beat - Yahoo Finance