☀️📈 Today's Top Stock Market Headlines (August 7)

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💰 Featured News

July Jobs Report Shows Slowing U.S. Hiring - CNBC

Icahn Enterprises' Stock Plummets on Slashed Dividend - CNBC

Fisker Overcomes Challenges, Unveils Electric Pickup and Records Revenue - CNBC

Berkshire Hathaway's Profits Soar - CNBC

Meta's Threads will soon have search and web functions, Zuckerberg says - CNBC

Nikola CEO Steps Down; Stephen Girsky Appointed as New CEO, Reports Second Quarter - CNBC

Barbie smashes box office records, surpasses $1 billion globally - CNN

Tupperware Brands Announces Debt Restructuring, Stock Surges - New York Post

Maersk anticipates challenging times in global shipping industry - CNBC

Google's Alphabet dramatically reduces its stake in Robinhood, Cathie Wood sees opportunity. - CNBC

PayPal stock falls, attracts call traders and potential buyers. - Motley Fool

Toyota and Pony.ai form a joint venture for mass production of robotaxis in China. - Fox Business

Judge narrows Google antitrust suits, gives partial win to Google - CNBC

🤝 Mergers and Acquisitions

Pollo Tropical Restaurant Chain to Be Sold - WSJ

Ikena Oncology Acquires Pionyr Immunotherapeutics in All-Stock Transaction - GlobeNewsWire

Campbell to Acquire Sovos Brands, Leader in High-Growth Premium Italian Sauces - Business Wire

Ikena Oncology Acquires Pionyr Immunotherapeutics in All-Stock Transaction - GlobeNewsWire

Maury Microwave Completes Acquisition of Wireless Telecom Group - GlobeNewsWire

Eureka Homestead Bancorp, Inc. Reaches Definitive Agreement to Be Acquired by Investor Group - PRNewsWire

HEICO Corporation Completes Wencor Group Acquisition - AccessWire

Renesas to Acquire Cellular IoT Technology Leader Sequans Through Tender Offer - Business Wire

💼 Executives

Siemens Energy CEO on $2.4 billion wind turbine hit: We were 'going too fast' with new products - CNBC

Solo Brands CEO: Innovation on the way for Black Friday, Cyber Monday - Yahoo Finance

Lightspeed CEO talks the state of small businesses, U.S. consumers - Yahoo Finance

Potbelly CEO on inflation: We benefit from broad base supply chain - Yahoo Finance

NerdWallet CEO: We're focused on re-engaging users with data - Yahoo Finance

Amazon CEO Andy Jassy says 'every single one' of its teams is working on generative AI projects as the company rushes to keep pace with the AI boom - Business Insider

Bud Light shelf space, bar taps are being reallocated for other beers: Molson Coors CEO - New York Post

Blackstone CEO Stephen Schwarzman on reaching $1 trillion milestone, real estate and economy - CNBC

We're seeing strong growth in Latin America e-commerce 'across the board': MercadoLibre CEO Galperin - CNBC

Figs CEO Trina Spear on direct-to-consumer model expanding to brick & mortar - CNBC

📈 Earnings

Booking Holdings delivers significant 2Q beat, expects continued growth in travel demand. - Motley Fool

DraftKings exceeds expectations, raises guidance, and stock soars - Investors Business Daily

Palantir set for robust 2Q sales and profit growth - Motley Fool

Redfin's Q2 2023 Financials, Market Share Losses, and CEO's Grim Sales Volume Outlook Cause 10% Stock Plunge. - Motley Fool

Atlassian's Stock Soars on Strong Financial Results and Positive Outlook - CNBC

Apple shares fall most since Sept. 2022 after third quarter earnings report - CNBC

Amazon stock rockets 11%, on pace for best day since November after blowout quarter - CNBC

Airbnb profit jumps, bookings slow as company nudges hosts to lower prices - Fox Business

Coinbase reports narrower loss, Block raises outlook - Yahoo Finance

BioNTech Stock Falls. The Covid-19 Vaccine Maker Misses Revenue Estimates - Barrons

🇺🇸 North America

Pfizer limits distribution of some drugs from North Carolina plant damaged by tornado - CNBC

Google is offering an on-campus hotel 'special' to help lure workers back to the office - CNBC

Apple, Samsung could be hit by India laptop and PC import restrictions - CNBC

Astra conducts layoffs, raises debt and shifts focus to spacecraft engines in bid to survive - CNBC

Pfizer's Covid Boost Crashes to Earth - WSJ

Inside Aurora's autonomous trucking operation in Texas - CNBC

Florida State University taps JPMorgan to help find potential investors - CNBC

Zoom asks employees to return to office for first time since COVID-19 pandemic - Fox Business

Wells Fargo says missing deposits glitch is resolved - CNN

Oil prices surge to 4-month highs after Saudi, Russia output cuts - CNBC

🇬🇧 Europe

Former Anheuser-Busch executive warns 'thousands of more' employees will be laid off amid sales slump - Fox Business

Kim Kardashian Taps Ex-Apple, Burberry Executive for Private-Equity Firm - WSJ

Adidas plans to keep 'carefully' moving more Yeezy stock after making $437 million from its first post-Kanye West sale - Business Insider

Daimler Truck finance chief Jochen Goetz dies in 'tragic incident' - CNN

BioNTech reduces drug development spend as COVID vaccine sales plunge - Reuters

Sweden's Ericsson sued by some shareholders for $170 mln -media - Reuters

Siemens Energy books $2.4 bln in charges for wind turbine issues - Reuters

Exclusive: UBS nears major investment bank restructuring -sources - Reuters

Swiss Re CEO says enviroment is now 'massively better' compared to recent years - CNBC

🇨🇳 Asia

Exclusive: Credit Suisse Hong Kong investing banking job cuts, targeting 80% staff, start this week- sources - Reuters

Softbank sues social media startup it invested in, alleging it faked user numbers - CNBC

India U-turns on Apple, Samsung-targeted import ban after one day - Proactive Investors

Foxconn's July sales drop 1.23% y/y, Q3 outlook better - Reuters

SoftBank launches an OpenAI for Japan: SB Intuitions, building LLMs and generative AI in Japanese - TechCrunch

🇲🇽 South / Central America

Amazon set to launch credit card in Brazil with Bradesco - Reuters

Brazil's Petrobras to start share buyback program conservatively - Reuters

Protesters oppose Petrobras oil exploration plan at mouth of Amazon river - Reuters

🇿🇦 Africa News

Pan African Resources sees production rising again after challenging year - Proactive Investors