☀️📈 Today's Top Stock Market Headlines (August 11)

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💰 Featured News

July Consumer Price Index Indicates 3.2% Increase in Inflation - Fox Business

Virgin Galactic Successfully Launches First Space Tourism Flight - New York Post

UBS terminates Credit Suisse dependency and ends state guarantee. - CNBC

Archer secures funding, settles litigation with Wisk and Boeing - Reuters

Disney to Launch Ad-Supported Disney+ Subscription in Europe and Canada, Raises Rates on Ad-Free Option - CNBC

VinFast receives approval for US listing from SPAC shareholders - Reuters

Coach owner's Michael Kors deal creates US giant to take on European luxury rivals - New York Post

🤝 Mergers and Acquisitions

Novo Nordisk to acquire obesity drug maker Inversago Pharma for up to $1 billion - CNBC

Disney CEO on buyout rumors: 'I'm not going to speculate - Yahoo Finance

Coach owner Tapestry to buy Versace, Michael Kors parent Capri in deal worth $8.5B - Fox Business

EMIS Group leaps as CMA provisionally clears takeover by UnitedHealth - Proactive Investors

DWAC Stock Alert: Digital World Extends Deadline to Close Trump Merger - InvestorPlace

Xtant Medical Completes Acquisition of Surgalign's Hardware and Biologics Business - GlobeNewsWire

Working Group Two to be acquired by Cisco - GlobeNewsWire

💼 Executives

Ralph Lauren CEO says company's conservative guidance doesn't mar his faith in core consumer - CNBC

Lyft CEO wants to curb surge pricing: 'Riders hate it with a fiery passion' - Fox Business

Vestas CEO Says Wind Turbine Backlog to Take 'Some Quarters' to Clear - Bloomberg

Tesla Stock Is Up. X CEO Linda Yaccarino Is Helping. - Barrons

We're bringing in younger, higher-value customers, says Ralph Lauren CEO Patrice Louvet - CNBC

Roblox CEO Dave Baszucki on Q2 results: We're showing continuing, accelerating growth - CNBC

Howard Hughes Corporation CEO David O'Reilly talks developing the Tin Building and investing in NYC - CNBC

FREYR Battery CEO Tom Jensen on redomiciling company from Luxembourg to the U.S. - CNBC

CyberArk CEO Matt Cohen: We are investing millions into A.I. to combat ransomware innovation - CNBC

Twilio CEO Jeff Lawson: We're focused on more efficient growth now - CNBC

📈 Earnings

Ralph Lauren Beats Earnings Expectations, But Expects Slower Growth and Stock Falls - Investopedia

Plug Power Reports Mixed Quarterly Results, Stock Reacts Negatively. - Motley Fool

Applovin stock soars 20% on strong earnings and AI success - Investopedia

SMIC posted a drop in second-quarter revenue on persisting weak chip demand - CNBC

Alibaba stock rises after positive Q1 earnings - Yahoo Finance

Novo Nordisk reports earnings miss, sees profit and sales growth - Yahoo Finance

Six Flags Q2 earnings results fall short on estimates - Yahoo Finance

News Corp Swings to Loss Amid Revenue Drop, Book-Publishing Struggles - WSJ

Wynn's Earnings Held Plenty of Good News That Could Rejuvenate the Stock - Barrons

Spectrum Brands reports big profit beat but sales that fell well short - Market Watch

🇺🇸 North America

Amazon axes some private label brands as part of wider cost cuts - CNBC

Occidental and Climeworks big winners as Biden allocates billions for CO2 removal - CNBC

Six Flags' bottom line battered by extreme weather as attendance plunges by 400K - New York Post

Mattel executives' stock dump after ‘Barbie' bump raises ‘red flags': experts - New York Post

Robinhood defeats investors' appeal over meme stock frenzy - New York Post

NFL Expands Streaming Service. Why That's Bad News for Disney's ESPN. - Barrons

Cruise, Waymo Get Approval to Expand Driverless Vehicles in San Francisco - WSJ

United Auto Workers' contract talks with Detroit automakers heat up as strike threat looms - Fox Business

Carvana Outlook Impresses, the Stock Rises. This Risk Remains. - Barrons

🇬🇧 Europe

Rio Tinto to build solar plant to power Diavik diamond mine in Canada - Reuters

Exclusive: Fear of tech 'brain drain' prevents Russia from seizing Yandex for now -sources - Reuters

Italy signs preliminary deal with KKR to take up to 20% of TIM's grid - Reuters

Italy's Saipem wins two contracts with Eni, BP worth a total $700 mln - Reuters

Siemens Gamesa has fix for onshore wind turbine problem - Reuters

UK GDP and Beazley results lead the way on a quiet Friday - Proactive Investors

🇨🇳 Asia

Verizon Strengthens Business Group with India Partnership - Barrons

Chinese online retailer Pinduoduo has a 'hyper-aggressive' culture with hours surpassing a '996' schedule, analysts write - Business Insider

Country Garden Stock Dives After Chinese Property Giant Warns of Huge Loss - Barrons

Alibaba Grows Income from Operations by 70%, Pushing Stock Higher - Investopedia

BYD calls on China automakers to unite, 'demolish the old' in global push - Reuters

CapitaLand says its lodging business is doing particularly well - CNBC

Sony shares rally after iPhone scare - Proactive Investors

🇲🇽 South / Central America

Colombian conglomerate Grupo Aval, subsidiary settle charges of violating US law - Reuters

Brazil's Petrobras does not intend to sell Braskem stake, report says - Reuters

Colombia's Ecopetrol hails new oil and gas discovery - Reuters

Mercado Libre appoints new CFO - GlobeNewsWire

Suzano and Sofidel Announce Pilot Program to Protect Biodiversity in the Amazon Region - PRNewsWire