☀️📈 Today's Top Stock Market Headlines (August 9)

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💰 Featured News

ESPN partners with Penn Entertainment in $2 billion sports betting venture - CNBC

Bank Stocks Plummet After Moody's Downgrade - CNBC

UPS Q2 Earnings Impacted by Union Deal, Stock Drops - Fox Business

Wegovy trial impresses with 20% reduction in cardio risk - Fox Business

WeWork faces uncertainty as doubts arise about staying in business and potential bankruptcy - Fox Business

Wall Street banks fined $549 million for WhatsApp use and recordkeeping issues - Fox Business

Proterra Announces Strategic Initiatives and Files for Chapter 11 Bankruptcy - Reuters

Home Depot and Lowe's Stocks Downgraded Ahead of Earnings - Fox Business

Nvidia Introduces New AI Chip to Accelerate Adoption and Reduce Costs - CNBC

Amazon to Hold Second Prime Day Sale in October - CNBC

Activist Investor Pushes for Change at Hanesbrands - CNBC

🤝 Mergers and Acquisitions

Tilray Acquires Anheuser-Busch Brands, Boosting Presence in US Market - Fox Business

As drinkers shift to spirits, Molson Coors acquires a bourbon maker - CNN

ConocoPhillips to offer notes to fund $3 bln Surmont oil facility buyout - Reuters

PE firm KKR acquires $373 mln portfolio of Synovus Bank's prime auto loans - Reuters

Regeneron buying small cap Decibel Therapeutics for $4 a share - Market Watch

Endeavor Shrugs Off Strike Hit In Q2 To Beat Wall Street Expectations, Announces More Specific Date Range For Close Of WWE-UFC Merger - Deadline

Metal Energy Corp closes acquisition of lithium brine area near SourceRock project - Proactive Investors

Adamas One inks LOI to acquire key lab-grown diamond manufacturer - Proactive Investors

💼 Executives

Eli Lilly CEO on meeting demand for expected obesity drug Mounjaro: 'It's my top priority' - CNBC

Barrick Gold CEO on Gold Prices, Inflation, Earnings - Bloomberg

Ahold Delhaize CEO: Quite Happy With Uptick in Sales - Bloomberg

E.On CEO: Energy Crisis in Europe Is Not Over - Bloomberg

Next year's real estate market could look a lot like this year, says Compass CEO Robert Reffkin - CNBC

'We look like what the future of all biopharma companies will look like', says Recursion CEO Gibson - CNBC

A.I.'s growth will drive a 'refresh cycle' for the tech industry, says GlobalFoundries CEO Caulfield - CNBC

Vivid Seats CEO on the health of the consumer, Taylor Swift and fees - CNBC

Nvidia CEO: We bet the farm on AI and no one knew it - TechCrunch

American Resources Corp CEO to showcase ‘world-leading innovation' at NAATBatt - Proactive Investors

📈 Earnings

Rivian's Q2 Earnings Beat Expectations, Raises 2023 Production Guidance - CNBC

Eli Lilly stock soars on strong earnings and raised guidance - CNBC

Lyft exceeds expectations with strong earnings and outperforms Uber in Q2 - Reuters

AMC Entertainment Reports Strong Q2 Results and Record Revenue - Fox Business

Datadog's stock beats earnings but plunges due to weak revenue forecast - CNBC

Restaurant Brands, parent company of Burger King, exceeds expectations with strong Q2 earnings - CNBC

Chegg's AI-powered education tool and 2Q results drive stock rally - Investopedia

Upstart's Q2 earnings and forecast disappoint, stock plunges - Motley Fool

Sony first-quarter profit falls 31% but sales beat expectations on gaming boost - CNBC

Rocket Lab results match Wall Street estimates, company adds contracts for 10 launches - CNBC

Beyond Meat stock slides more than 15% after company reports weak sales, cuts forecast - CNBC

Novavax shares jump after Covid vaccine maker posts surprise quarterly profit - CNBC

Palantir stock falls after earnings, raises revenue forecast - Yahoo Finance

🇺🇸 North America

Target is rolling out Starbucks curbside pickup across the country as it looks for sales jolt - CNBC

Penn Entertainment sells Barstool Sports back to founder Dave Portnoy - CNBC

Boeing aircraft deliveries fall in July as company plans to raise output - CNBC

Electric Cadillac Escalade to test GM's EV strategy, cash machine - CNBC

White House to bolster cybersecurity training for K-12 schools, with help from the FCC, Amazon Web Services and more - CNBC

Apple is planning to move the button to hang up a call in new iPhone software - CNBC

Exclusive Tesla Footage Suggests Reasons for Autopilot Crashes - WSJ

Goldman Sachs says chief of staff John Rogers to step back from longtime role - CNBC

Disney looks to AI to possibly cut costs - Fox Business

Modelo gaining on Bud Light as Mexican brand on track to become top US beer for 2023 - Fox Business

🇬🇧 Europe

UAW Leader Slams Stellantis for 'Lowball' Bargaining Demands - WSJ

Germany spends big to win $11 billion TSMC chip plant - CNN

DWS Group's Bianco Sees Flattish Earnings Into Next Year - Bloomberg

Vestas hopes to turn a profit this year despite Q2 loss - Reuters

Fortum fights to sell seized Russian assets and get compensation - Reuters

Italy, KKR discussing terms of state investment into fixed line grid - sources - Reuters

Airbus open to potential partner in Brazil's Helibras, executive says - Reuters

Siemens Energy's wind division expected to break even in 2026 - JPM, Deutsche - Reuters

🇨🇳 Asia

Li Auto Aims to Deliver 100,000+ EVs in Third Quarter - Bloomberg

SoftBank Vision Fund Swings to Profit - Bloomberg

The AI Frenzy Resurrects the Old SoftBank - WSJ

China's Largest Developer Defaults. Property Sector Faces Big Debt Problems. - Barrons

Honda reports 78% rise in Q1 operating profit - Reuters

Cathay Pacific posts $550 mln first-half profit, to repay Hong Kong government - Reuters

Sony Pictures Entertainment First Quarter Profit Slides To $115 Million - Deadline

Temu Shopping App Gets Wall Street's Attention; Will Amazon Prime Members Stay Loyal? - Investors Business Daily

Sony sees an uptick in PlayStation 5 sales in June quarter but profits suffer - VentureBeat

🇲🇽 South / Central America

Coupang to ramp up investment in Taiwan after four quarters of profits - TechCrunch

Colombia's Ecopetrol posts 61% drop in second quarter net profit - Reuters

Transportadora de Gas del Sur SA (TGS): A Strong Contender in the Oil & Gas Industry with - GuruFocus

Braskem records Recurring EBITDA of US$140 million in the quarter - PRNewsWire

Claro Enterprise Solutions Announces its Official Partnership with Inter Miami CF - PRNewsWire