Tesla disappoints...

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

Netflix raises prices as it adds 9M subscribers - Reuters

Wall Street Concerns Over Swelling US Debt Put Fed in Tight Spot - Bloomberg

Amazon begins delivering medications by drone in Texas - CNBC

Nokia says it's going to cut up to 14,000 jobs - Business Insider

Household Net Worth Surged After the Pandemic Hit - WSJ

Nvidia stock slides as new U.S. chip rules threaten business in China - Yahoo Finance

iPhone 15 sales look like they're starting off slow in China ahead of a critical holiday season - CNBC

Disney gives investors a look at ESPN financials, including recent revenue declines - CNBC

Top Apple analyst says MacBook demand has fallen 'significantly' - CNBC

🇬🇧🇨🇳🇲🇽🇿🇦 International

Taiwan's Foxconn to build 'AI factories' with Nvidia - CNN

Coinbase picks Ireland as its main EU regulatory hub as U.S. authorities go on the offensive - CNBC

Nestle begins work on 'companion products' for weight loss drugs - Reuters

Roche's 9M sales down 6% on currency headwinds, drop in COVID sales - Reuters

AstraZeneca shares fall as abstract for lung cancer trial data disappoints - Reuters

Equinor chief sees EU gas market in 'better place' than last year - Reuters

Suzuki eyes exporting India-made EVs to Japan as early as 2025 - Nikkei

Chinese EV stocks tank after Tesla earnings disappoint - CNBC

Honda, GM, Cruise plan to begin Japan driverless ride service in early 2026 - Reuters

🤝 Mergers and Acquisitions

Spirit Aero, Boeing enter agreement to boost deliveries - Reuters

Qantas scraps plans to acquire Alliance Aviation amid antitrust scrutiny - Market Watch

Fobi AI to Acquire Digital Wallet Platform Wallet-Com - PYMNTS

Whitehaven acquires two metallurgical coal mines from BHP and Mitsubishi for up to $3.2B - Kitco

Lordstown Motors ex-CEO approved to buy company assets for $10 mln - Reuters

💼 Executives

Costco's CEO steps down - CNN

China's commerce minister meets with Apple's Tim Cook in Beijing - Reuters

Ford names Kumar Galhotra as Chief Operating Officer - Reuters

Tesla's Musk raises Cybertruck production concerns, reveals delivery date - Reuters

Bank of America CEO says tight lending environment will lead to a slowdown in the US economy - Fox Business

Elon Musk says 'we dug our own grave' with the Cybertruck as he warns Tesla faces enormous production challenges - Business Insider

United Airlines CEO: Higher fuel, labor costs and supply chain challenges will weigh on profits - CNBC

📈 Earnings

Tesla's Q3 margin misses analysts' estimates - Reuters

Morgan Stanley's Earnings Hit by Investment-Banking Slump - WSJ

Procter & Gamble Q1 earnings tops earnings and sales estimates after hiking prices - Yahoo Finance

Abbott beats profit estimates on strong sales of devices, diagnostics - Reuters

TSMC beats revenue and profit expectations for third quarter - CNBC

Kinder Morgan misses third-quarter profit estimates - Reuters

AT&T Beats Earnings Expectations, Raises Target for Free Cash Flow - Barrons

Major airline shares hit turbulence on disappointing profit outlook from United - Reuters