☀️📈 Top Stock Market Headlines for August 3

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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

AMD positioned as top competitor to Nvidia in AI market - CNBC

Meta blocks Canadian news access over new payment laws - Reuters

Amazon opens up Fresh grocery delivery to people without Prime - CNBC

Ford's U.S. sales rose nearly 6% in July, but its EVs are still lagging - CNBC

Toyota announces the return of the iconic Land Cruiser with a hybrid version in 2024 - CNN

Stocks Slide as Debt Downgrade Sparks Market Crash Concerns - Finbold

Apple Growth Is Stuck. The iPhone Could Be a Loser. - Barrons

Attention Walmart Shoppers: You may soon be hit with a slew of ads while shopping - Business Insider

SoFi Gets Price Target Boost. It's All About Student Loan Refinancing. - Barrons

Apple's Goldman Savings Accounts Reaches $10 Billion - Barrons

Tesla's China-made EV sales in July down 31% mth/mth - Reuters

🤝 Mergers and Acquisitions

JetBlue, Spirit slam 'speculative' consumer lawsuit fighting $3.8 billion merger - Reuters

AURC Stock Shoots Higher Again Ahead of Better.com Merger - InvestorPlace

STERIS Completes the Acquisition of Surgical Instrumentation Assets from BD - GlobeNewsWire

Wireless Telecom Group Shareholders Approve Acquisition by Maury Microwave - GlobeNewsWire

Panacea Life Sciences Holdings, Inc. Continues Pursuit of High Growth Health and Wellness Products with Acquisition of Sierra Sage, LLC and Halucenex from Melodial Global Health (formerly Creso Pharma Limited) - GlobeNewsWire

Sanara MedTech Inc. Announces the Acquisition of Certain Assets Related to its Collagen Products Business - GlobeNewsWire

Labcorp Forges Strategic Partnership with Tufts Medicine, Will Acquire Outreach Laboratory Business - PRNewsWire

Lionsgate and Hasbro Sign Agreement for Lionsgate to Acquire Global Independent Content Platform eOne - PRNewsWire

TransMedics Acquires Warm Perfusion EVOSS™ and Cold Perfusion LifeCradle® Technologies from Bridge to Life - PRNewsWire

PacBio Enters into Agreement to Acquire Apton Biosystems to Accelerate the Development of a Next Generation, High Throughput, Short-read Sequencer - PRNewsWire

💼 Executives

JPMorgan CEO Jamie Dimon calls Fitch Ratings U.S. downgrade 'ridiculous,' but says 'doesn't really matter' - CNBC

Disney CEO Bob Iger wants minority partners for ESPN, but landing a deal won't be easy - CNBC

Starbucks earnings: CFO explains how cold foam, other extras drive profits - Yahoo Finance

Intel CEO says 'the worst is behind us' - Yahoo Finance

Veolia CEO: Growing Demand from Cities, Industries to Decarbonize - Bloomberg

Informatica Earnings Top Estimates. CEO Sees AI Tailwind Ahead. - Barrons

TIM to sell network only if remaining company finances are sustainable - CEO to paper - Reuters

Teva Pharm CEO: Not too late to launch Humira biosimilar in 2024 - Reuters

DoorDash CEO Tony Xu: Our numbers speak for themselves - CNBC

There's very little legal headway for our self-driving trucks, says Aurora CEO Chris Urmson - CNBC

📈 Earnings

PayPal stock performance mixed despite strong earnings - Investors Business Daily

Humana's Q2 Results Beat Expectations; Stock Rises on Strong Medicare Advantage Growth and Lower Medical Costs - CNBC

Robinhood's Surprise Profit Fails to Impress Investors - Proactive Investors

Generac stock plummets on softer consumer demand and declining sales forecast - Investopedia

Ferrari Raises Guidance and Beats Expectations, Stock Dips on Profit Booking - CNBC

Yum! Brands reports mixed Q2 results with record digital sales - CNBC

e.l.f. Beauty Stock Soars on Strong Q1 Results and Raised Guidance - CNBC

Match Group Reports Strong Q2 Results, Expects Further Growth - Proactive Investors

CVS Health surpasses profit and revenue expectations, records $500 million restructuring charge, stock rises - CNBC

Qualcomm's Disappointing Outlook Sinks Stock - CNBC

SolarEdge reports disappointing Q2 results, lowers Q3 revenue forecast - Reuters

Kraft Heinz stock falls on 2Q revenue miss, despite dividend declaration - Investopedia

Zillow Stock Falls After Revenue Beat - Barrons

🇺🇸 North America

Dimon says Jeffrey Epstein lawsuits have impacted JPMorgan brand, and he is sorry for having him as a client - CNBC

Food delivery apps Grab and Foodpanda expand into dine-in services as explosive growth stalls - CNBC

WWE boss Vince McMahon hit with federal grand jury subpoena and search warrant, company reveals - CNBC

Millennials & Gen Z's thirst for cold drinks is boosting Starbucks' bottom line - Yahoo Finance

Credit downgrade doesn't directly impact flow of goods: Prologis exec - Yahoo Finance

Pioneer Leaders on Oil Prices, Lithium Mining, Earnings - Bloomberg

CVS Is Cutting 5,000 Jobs - Bloomberg

Meta's Ray-Ban Smart Glasses Fail to Catch On - WSJ

DoorDash Order Frequency Hits New High as Delivery Demand Stays Strong - WSJ

GM's Cruise says it's reached the robotaxi industry's first union agreements - Reuters

🇬🇧 Europe

Societe Generale returns to profit, but comes under pressure in its home market - CNBC

Yeezy stock sales improve outlook for Adidas - CNN

Bud Light Boycott Sparks Big U.S. Profit Drop for AB InBev - WSJ

GSK sues Pfizer in U.S. court for patent infringement over RSV vaccine - CNBC

Airbus, Voyager Space form joint venture to build new space station - Fox Business

Rolls-Royce reports jump in first-half profit led by civil aerospace - Reuters

UBS lays off Credit Suisse investment bank staff, closes Houston office -source - Reuters

SocGen reaches settlement with U.S. regulators over messaging probe - Reuters

Lufthansa upbeat as leisure travel demand remains high - Reuters

Vodafone boosted by 1&1 5G network deal in Germany - Reuters

🇨🇳 Asia

Shares of Chinese Tesla rival Xpeng fall 5% after head of autonomous driving resigns - CNBC

iPhone maker Foxconn to invest $600 million into phone and chip project in India - CNBC

Hyundai invents a roomier glove compartment just for EVs - CNN

DBS Profit Tops Estimates as Rate Hikes Boost Margins - Bloomberg

Singapore's bank DBS second-quarter net profit jumps 48% on-year - Reuters

Super Mario and Zelda help Nintendo post bumper June quarter earnings - CNBC

Subaru doubles its plans for new EVs, targeting 8 models by 2028 - TechCrunch

Nintendo Q1 net profit soars 52 percent - TechXplore

Samsung, Hyundai lead $100 million funding into AI hardware startup Tenstorrent - Market Watch

Future FinTech Appoints Peng Lei as Chief Operating Officer - PRNewsWire

🇲🇽 South / Central America

MercadoLibre, Inc. Reports Second Quarter 2023 Financial Results - GlobeNewsWire

Volaris Reports July 2023 Traffic Results: 10% YoY Demand Growth with an 88% Load Factor - GlobeNewsWire

Suzano to Complete Cerrado Project by June of 2024 - Business Wire

🇿🇦 Africa News

Gold Fields expects half-year earnings to decline due to lower sales and higher costs - Kitco