☀️📈 Top Stock Market Headlines for August 2

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This is Market Mornings. The fastest way to get the most important stock market news each day. Just the headlines, none of the other nonsense.

💰 Featured News

Fitch downgrades US credit rating to AA+ citing deteriorating governance and recession fears - Fox Business

CVS to cut 5,000 jobs in cost-cutting move and restructure - CNBC

US job openings steady in June, signaling labor market cooling - CNBC

Ford's F-150 Lightning production resumes, demand surges after price cuts - CNBC

Meta to launch AI-powered chatbots with human-like personalities, including famous figures like Abraham Lincoln - Reuters

Amazon's Virtual Health Clinic Goes Nationwide - CNBC

Caterpillar's Strong Q2 Results Boost Stock and Drive Dow Higher - Investopedia

Starbucks reports mixed Q3 results, China rebound not enough to impress investors - CNBC

AMD Faces Challenges, Reports Q2 Results with Falling Revenue, but Remains a Buy - CNBC

Pfizer's Q2 Revenue Misses Estimates, Lowering Full-Year Sales Forecast - CNBC

Bed Bath & Beyond Resurrected with Overstock's New E-Retailer - Fox Business

Norwegian Cruise Line Reports Strong Q2 Results and Outlook Disappoints - Investopedia

Arista Networks soars on impressive Q2 financial results and outlook - CNBC

JetBlue stock suffers as Q3 profit expectations are dashed - Reuters

American Semiconductor stock surges, set for highest close in years - The Motley Fool

🤝 Mergers and Acquisitions

Revolutin Medicines to acquire EQRx in deal that will add $1 billion in cash to its balance sheet to fund R&D - Market Watch

Avicanna closes Medical Cannabis by Shopper's acquisition; launches MyMedi - Proactive Investors

CEI Stock Alert: Camber Energy Completes Viking Acquisition - InvestorPlace

The Ensign Group Acquires Three Assets in Washington - GlobeNewsWire

Lavoro Closes Acquisition of Referência Agroinsumos - GlobeNewsWire

LKQ Corporation Completes Acquisition of Uni-Select Inc. - GlobeNewsWire

ManTech to Acquire Definitive Logic - GlobeNewsWire

Apple iSports Australia to Acquire Stake in The Leg Up Australia - GlobeNewsWire

ProQR Therapeutics and Laboratoires Théa Announce Agreement for Théa to Acquire ProQR's Sepofarsen and Ultevursen Ophthalmic Assets - GlobeNewsWire

Genuine Parts Company Announces Automotive Acquisition in Europe, Expanding Leadership Position in Spain - PRNewsWire

💼 Executives

HSBC CEO on Farage Coutts row: 'We do not exit clients based on their lawful personal views' - CNBC

SharkNinja CEO discusses going public on NYSE and developing products to solve consumer problems - Yahoo Finance

International travel seeing ‘extraordinary growth' after China's reopening: Marriott CFO - Yahoo Finance

PJT Plans ‘Quite Significant' Hiring, CEO Taubman Says - Bloomberg

Uber CEO balks after a reporter tells him the cost of his 2.9-mile Uber ride: 'Oh my God. Wow' - Business Insider

Pfizer CEO: Damaged Plant Could Lead to Shortages - Barrons

BP CEO Bernard Looney: We believe the world needs a rapid and orderly energy transition - CNBC

Kuwait Airways CEO says could face a year's delay for Airbus planes - Reuters

Caesars CEO Tom Reeg talks Caesars' strong quarterly report - CNBC

Merck CEO Rob Davis on Q2 results: We continue to see phenomenal growth - CNBC

📈 Earnings

Virgin Galactic banks $2 million in quarterly revenue after first commercial spaceflight - CNBC

Shares of e.l.f Beauty surge 15% after company raises full-year guidance on surging sales - CNBC

Pinterest expenses skyrocket during the second quarter - CNBC

ZoomInfo stock drops on disappointing outlook - Yahoo Finance

SoFi Earnings Were a Hit. Why Shares Still Got a Downgrade. - Barrons

Altria Posts Narrow Earnings Beat and Maintains Profit Forecast - Barrons

What JetBlue and Marriott earnings are telling us about the travel demand and the consumer - Yahoo Finance

Siemens Healthineers Q3 profit, cash flow fall on COVID test wind-up - Reuters

Medical device maker Steris lifts 2024 results view, records quarterly beat - Reuters

Vertex Pharma raises full-year revenue forecast on cystic fibrosis treatment strength - Reuters

🇺🇸 North America

Planet lays off about 10% of workforce as satellite imagery company restructures - CNBC

Amazon employees leak secret info that marketplace sellers can buy on Telegram - CNBC

Walgreens is now offering RSV vaccines for older adults - CNBC

Coinbase shares can rally more than 40% as crypto industry sees legal wins, Canaccord Genuity says - CNBC

Walmart is bringing ads to an aisle near you as retailers chase new money-makers - CNBC

AMD considers making a specific A.I. chip for China to comply with export controls - CNBC

U.S. House committee flags MSCI, BlackRock for China investments - CNBC

State Street is cutting fees on 10 funds worth more than $70 billion combined - CNBC

SeaWorld's revenue sinks as ‘adverse weather' saps attendance at theme parks - New York Post

Instagram boss moves back to US from London after Threads loses more than half its users - New York Post

🇬🇧 Europe

BMW lifts outlook, warns of supply chain challenges - Yahoo Finance

Siemens Healthineers Q3 profit, cash flow fall on COVID test wind-up - Reuters

Volkswagen in talks with Leapmotor on tech cooperation for Jetta - media - Reuters

Ryanair sets traffic record in July for third straight month - Reuters

Kuwait Airways CEO says could face a year's delay for Airbus planes - Reuters

The Fading ‘War Windfall': BP Sees 70% Drop In Profits But Hikes Dividend - Forbes

HSBC CEO: Expecting to reach pre-pandemic levels this year - CNBC

Farfetch names new CFO - Market Watch

E-commerce significant growth driver, says DHL Group CFO - CNBC

Endeavour Mining on track to hit production target - Proactive Investors

🇨🇳 Asia

We don't expect the Japanese 10-year government bond yield to top 1.5%, says StanChart - CNBC

Toyota's Land Cruiser to Return to U.S. - WSJ

Chinese EV maker Xpeng sees highest deliveries this year but is eclipsed by rivals Nio, Li Auto - CNBC

Toyota Is More Profitable Than Tesla. Again. - Barrons

Subaru aims to have battery EVs make up half of its sales by 2030 - Reuters

SoftBank's Arm Ltd targets $60 bln-plus IPO by September - Bloomberg

Toyota's hybrid and ICE vehicles are doing very well in Europe and Japan, says consulting firm - CNBC

LI Stock Alert: Li Auto Vehicle Deliveries Are Up 227% - InvestorPlace

Nintendo's Next-Gen Console Could Release Sooner Than Expected - Forbes

Dogness (International) Corporation Announces Appointment of Aihua Cao as Chief Financial Officer - PRNewsWire

🇲🇽 South / Central America

Top silver producer Fresnillo says its H1 2023 profit down 36%; cuts interim dividend - Kitco

🇿🇦 Africa News

Major gold producer AngloGold Ashanti expects half-year basic earnings to fall between 82% and 92% - Kitco

Sibanye-Stillwater drops on shaft incident - Kitc2