☀️📈 Top Stock Market Headlines for August 1

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💰 Featured News

SoFi Technologies, Inc. Reports Strong Q2 Earnings and Stock Rises - Investopedia

Yellow, Debt-Ridden Trucking Giant, Shuts Down Operations and Files for Bankruptcy, Leaving 30,000 Unemployed - CNBC

U.S. Stocks Soar in July, Positivity Continues - CNN

BP's Q2 profit slumps 70% but boosts dividend despite weak refining margins - CNBC

Walmart invests $1.4 billion to acquire majority stake in Flipkart - Investopedia

HSBC reports strong Q2 results, launches buyback as profit doubles - CNBC

New Relic to go private in $6.5 billion buyout deal - CNBC

Heineken's 2023 guidance cut and profit warning due to soft Asia-Pacific sales and weaker beer - Fox Business

Manchester United Renews Adidas Partnership in $1.2 Billion Deal - New York Post

J&J Stock Plunges as Talc Bankruptcy Plans Rejected - CNBC

Archer's eVTOL Technology Secures $142 Million Contract, Propelling Stock and Aerospace Sector - The Motley Fool

Amazon Achieves Record-Breaking Same-Day Delivery Speeds, Plans to Expand Network - CNBC

🤝 Mergers and Acquisitions

Cannabis companies Cresco, Columbia call off $2 billion merger as industry awaits banking reform - CNBC

CVS to Shed 5,000 Jobs in Cost-Cutting Push Just Months After Acquisitions - Barrons

Canada's Strathcona to buy Pipestone Energy - Reuters

Biogen's Just Made Its Biggest Acquisition. Here's What You Need to Know. - The Motley Fool

Power Nickel exercises option to acquire 50% of Nisk project - Proactive Investors

Revolution Medicines, Inc. to Acquire EQRx, Inc. in All-Stock Transaction to Gain More Than $1 Billion in Additional Capital - GlobeNewsWire

Pipestone Energy Corp. Enters into Agreement to be Acquired by Strathcona Resources Ltd. in an All-Share Transaction, Creating a New Public Canadian Oil & Gas Champion - GlobeNewsWire

Playtika Holding Corp. Enters Definitive Agreement to Acquire the Youda Games Portfolio from Azerion - GlobeNewsWire

Monster Beverage Completes Acquisition of Bang Energy - GlobeNewsWire

Aegion Announces Acquisition of Portland Utilities Construction Company, LLC - GlobeNewsWire

💼 Executives

BT Group appoints Telia exec Allison Kirkby as new CEO - CNBC

Heineken CEO on Bud Light campaign fallout: 'You need to stand for your values' - CNBC

Bank of America CEO: AI helping cut call times, branch visits - Fox Business

Disney boss Bob Iger brings back top succession candidates as advisors: report - New York Post

Coinbase CEO says complying with SEC request would have been the 'end of the crypto industry in the US' - CNN

Sweetgreen CEO discusses lowering costs, automation, and supply chain improvements - Yahoo Finance

HSBC CEO Quinn on Earnings, Investing in Asia, UK HQ - Bloomberg

Billionaire CEO of military technology supplier Palantir advocates for AI weapons: 'We must not grow complacent' - Business Insiders

Polaris CEO on long-term growth and state of high-end consumers - CNBC

UPS has to pass along higher labor costs in broad-based price increases, says AFS Logistics CEO - CNBC

📈 Earnings

Merck beats on revenue boosted by Keytruda sales, but posts quarterly loss due to Prometheus deal - CNBC

Pfizer beats on earnings, but revenue misses as Covid product sales plummet - CNBC

Uber Posts 14% Rise in Revenue as Growth Slows - NY Times

Pfizer misses quarterly revenue estimates as COVID product sales decline - Reuters

Toyota posts 94% jump in Q1 operating profit - Reuters

JetBlue Airways stock falls after it says it doesn't expect a third-quarter profit - Market Watch

Caterpillar reports big profit and revenue beats on higher volume and prices, but stock pulls back - Market Watch

Hologic stock falls nearly 4% after company's revenue drop on lower COVID-related sales - Market Watch

Arista Networks' stock jumps 9% on results, revenue guidance - Market Watch

Marathon Petroleum Q2 profit slumps 63% on lower refining margins - Reuters

🇺🇸 North America

Amazon rolls out its virtual health clinic nationwide - CNBC

Apple's iPhone 15 Pro will reportedly feature new charging port, titanium body - CNBC

CVS to Shed 5,000 Jobs in Cost-Cutting Push - Wall Street Journal

Palantir stock up 10% as company rides A.I. craze - CNBC

Meta's stock just wrapped up its ninth straight monthly gain as Wall Street cheers cost cuts - CNBC

NIH to test Pfizer's Paxlovid, other treatments as potential long Covid therapies - CNBC

America's first new nuclear reactor in nearly seven years starts operations - CNBC

Ford recalls 870,000 F-150 trucks for unexpected parking brake application - CNN

Juul seeks authorization on a new vape it says can verify a user's age. Here's how it works - CNN

Salesforce Stock Is Slipping. Morgan Stanley Downgrades After a Rally. - Barrons

🇬🇧 Europe

Bud Light distributors no longer expect sales to recover from Dylan Mulvaney disaster - New York Post

The owner of Regal cinemas emerges from bankruptcy - CNN

HSBC's Quinn: UK is Very Good Place to have an HQ - Bloomberg

UBS to Dispose of Riskiest Credit Suisse Loans to Asian Clients - Bloomberg

Americans' Thirst for Diageo's High-End Spirits Slows - WSJ

BMW Warns Cash Flow to Be Hit by Higher Parts Costs - Barrons

Aston Martin to issue $270 mln worth of shares to bolster capital - Reuters

Pirelli gets new board after battle over Chinese influence - Reuters

Cineworld emerges from Chapter 11 bankruptcy - Reuters

UK's Metro Bank posts first-half profit on tight cost controls, rate hikes - Reuters

🇨🇳 Asia

Chinese are forking out more money for smartphones despite wider slowdown — that's good news for Apple - CNBC

Country Garden shares drop 5% after reports it scrapped $300 million share sale - CNBC

NIO, Li, and XPeng Post Huge Deliveries Numbers. That's Good for Tesla Stock. - Barrons

Exclusive: Foxconn EV venture targets India, Thailand for new small car - Reuters

Japan's Daiichi Sankyo gets approval for COVID vaccine, first for country - Reuters

Yum China stock falls as fast-food chain in China reports lower sales - Market Watch

Japan's Nomura Q1 profit soars on strong domestic stock market - Reuters

Why is Xpeng stock up over 50% in a week? - Finbold

Luckin Coffee Inc. Announces Second Quarter 2023 Financial Results - GlobeNewsWire

XPENG Announces Vehicle Delivery Results for July 2023 - Business Wire

🇲🇽 South / Central America

Fresnillo loses its lustre after results-inspired 7.7% fall - Proactive Investors

Banco Santander-Chile Announces Second Quarter 2023 Earnings - GlobeNewsWire

Minera IRL Completes Phase 1 of the Ongoing Long-Hole Drilling Campaign at the Corihuarmi Gold Mine - GlobeNewsWire

Atlas Lithium Expands Anitta Pegmatite Trend to 2.3 Kilometers; Confirms Near-Surface Mineralization with Trenching - Newsfile

🇿🇦 Africa News

Helium One Global chairman steps down after five years - Proactive Investors

Pan African Resources starts work on Mintails project - Proactive Investors