☀️📈 Today's top stock market headlines (August 21)

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💰 Featured News

Bruised Stocks Face Week Full of Tests, From Nvidia to Powell - Bloomberg

WeWork implements reverse stock split to comply with NYSE rules - CNBC

Cruise will reduce robotaxi fleet by 50% in San Francisco while California DMV investigates ‘incidents’ - CNBC

China Local Governments to Sell $206 Billion of Financing Deuda - Bloomberg

Summer of angst as bond yields surge and global stocks wobble - Reuters

China surprises with modest rate cut amid growing yuan risks - Reuters

Oil edges up on tighter supplies, heating oil prices - Reuters

Diesel is pricing a scarcity with winter market looming large - Bloomberg

Outback Steakhouse Owner Surges on Activist Investor Interest - CNBC

With Lionel Messi playing soccer in the U.S., single-game ticket prices surge by more than 1,700% - CNBC

Wall Street All-Stars Including Weinstein, Ackman Bid For Hedge Fund - WSJ

🤝 Mergers and Acquisitions

Broadcom's VMware Takeover Is Approved by U.K. The U.S. and China Are the Last Hurdles. - Barrons

Online wholesaler Boxed acquired after filing for bankruptcy - TechCrunch

Trident Royalties acquires stake in Dandoko Gold Project in Mali - Proactive Investors

Campari undervalued as it mulls takeover targets – Deutsche Bank - Proactive Investors

Timber Pharmaceuticals to be Acquired by LEO Pharma - GlobeNewsWire

Complete Solaria Agrees to Terms to Sell Certain North American Solar Panel Assets - GlobeNewsWire

Permian Resources to Acquire Earthstone Energy in All-Stock Transaction, Creating a $14 Billion Premier Delaware Basin Independent E&P - GlobeNewsWire

💼 Executives

Ford's CEO admits to a 'reality check' during F-150 Lightning Route 66 road trip - Fox Business

Mustang GTD supercar for $300,000: Ford CEO says It's the 'right time' - Yahoo Finance

Brinker CEO: Falling restaurant traffic offset by sales jump - Yahoo Finance

Barbie & Taylor Swift: Girl power trend is driving growth, says Poshmark CEO - Yahoo Finance

Coinbase CEO Says It's Easier to Do Business in Canada - Bloomberg

Cisco CEO says AI is already becoming a huge new market after it 'missed' the initial cloud computing boom - Business Insider

Unilever CEO vows to look at Russian operations with ‘fresh eyes' as pressure to exit the country mounts - Market Watch

Ferrari CEO Benedetto Vigna: The first electric Ferrari will be unveiled in Q4 of 2025 - CNBC

📈 Earnings

Palo Alto Networks stock soars on better-than-expected earnings and outlook - CNBC

John Deere exceeds expectations with strong 3Q earnings production. - Motley Fool

Farfetch stock plummets on poor quarterly results and revenue miss - Motley Fool

Singapore Telecommunications' first-quarter profit falls 23% - Reuters

Walmart Shoppers Turn Out To Drive Up Quarterly Results - Kiplinger

🇺🇸 USA

Disney goes on offense in DeSantis board's lawsuit, seeks damages for breach of contract - CNBC

How Kroger Became the Biggest Sushi Seller in America - WSJ

How Modelo dethroned Bud Light to become the top-selling U.S. beer - CNBC

New construction of homes keeping housing market 'afloat': Redfin - Fox Business

Snapchat's AI bot sparks privacy panic after it posts photo on its own - NY Post

🇬🇧🇨🇳🇲🇽🇿🇦 International

Alibaba is so confident Beijing's tech crackdown has ended that it has just listed over 2,000 jobs for fresh graduates - Business Insider

Automaker Stellantis has discussed moving pickup truck production from the U.S. to Mexico, union leader says - CNBC

Chinese EV maker Xpeng expects cost cuts, Volkswagen deal to narrow losses - CNBC

Anheuser-Busch heir's offer to buy back company is absolutely ‘serious' - Fox Business

Why ‘white noise' podcasts are costing Spotify $38M per year in profits - NY Post

Europe's Stripe rival Adyen saw $20 billion wiped off its value in a single day. Here's what's going on - CNBC

Chinese property developer Country Garden to be removed from Hang Seng Index on Sept. 4 - CNBC

Evergrande files for bankruptcy in US, fueling worries about China property crisis - NY Post

Nissan recalling 236k Sentras over possible steering control problem - Fox Business