Tim Cook visits China...

Good Morning!

A reader pointed out that the headlines and articles being linked don’t always match (particularly in the Featured News section). That has been fixed!

💰 Featured News

Microsoft's LinkedIn laying off nearly 700 workers - Fox Business

Lululemon Stock Will Join the S&P 500. What That Means for the Shares. - Barrons

Apple CEO Tim Cook makes surprise visit to China as iPhone 15 gets off to a challenging start - CNBC

Home Sales on Track for Slowest Year Since Housing Bust - WSJ

Snap rises nearly 12% after CEO shares strong 2024 projections with employees - CNBC

Goldman Sachs Wants Out of Consumer Lending. Employees Say It Can’t Happen Fast Enough. - WSJ

Tesla recalls nearly 55,000 Model X vehicles, auto regulator says - Reuters

Meta’s unique approach to developing AI puzzles Wall Street, but techies love it - CNBC

Merck's Keytruda gets U.S. FDA's nod for expanded use in lung cancer - Reuters

Taylor Swift film's box-office haul slips in final tally - Reuters

Netflix may hike prices after success of password-sharing crackdown - NY Post

🇬🇧🇨🇳🇲🇽🇿🇦 International

Rolls-Royce to cut 2,500 jobs in cost cutting drive - Sky News

Canada to give Belgium's Umicore up to C$1 bln for new battery components plant - Reuters

Volkswagen brand cost-cutting plan running behind schedule - sources - Reuters

Prothena prepares for potential sale - Bloomberg News

Ericsson Curtails Guidance Amid an Uncertain 2024. The Stock Tumbles and Nokia Falls Too. - Barrons

Spotify is launching a personalized in-app Merch Hub - TechCrunch

Baidu says its AI is in the same league as GPT-4 - CNN

Output from Brazil's Petrobras hits nearly 4 mln barrels in third quarter - Reuters

🤝 Mergers and Acquisitions

Activist Builds News Corp Stake, Plans to Seek Changes - WSJ

Albemarle dumps $4.2 billion Liontown Resources takeover plans - Reuters

Tourmaline Oil to buy Bonavista Energy for $1.06 bln - Reuters

Consolidated Communications Holdings to be acquired by two private-equity firms - Market Watch

Choice Hotels launches hostile bid to acquire Wyndham Hotels for $90 per share - Market Watch

Novo Nordisk in $1.3 bln deal to buy hypertension drug - Reuters

💼 Executives

Pfizer CEO expects 17% of Americans will get new COVID shots - Reuters

Suncor CEO says unpredictable Canadian energy policy scaring away capital - Reuters

Why Nvidia is a 'special case' despite a wavering market: CEO - Yahoo Finance

German opposition to Saudi Eurofighter exports a 'real problem' - Airbus CEO - Reuters

Tupperware stock drops after CEO Fernandez replaced after more than 3 years in the role - Market Watch

WeWork makes David Tolley permanent CEO - Market Watch

📈 Earnings

Charles Schwab posts profit beat on robust asset management growth - Fox Business

Johnson & Johnson beats on earnings and hikes outlook as medtech, pharmaceutical sales surge - CNBC

Lockheed revenue rises on sustained weapons demand amid geopolitical tensions - Reuters

Goldman Sachs profit plunges on impact from fintech sale, real estate bets - Reuters

Bank of New York Mellon Stock Jumps as Earning and Revenue Beat - Barrons