☀️📈 Top Stock Market News for July 18

💰 Featured News

Ford slashes prices on F-150 Lightning pickups, stock falls - CNBC

AT&T and telecom stocks downgraded on legacy cable risks - Reuters

US stocks initially decline, but rally later in the day with Dow and Nasdaq continuing last week's upward trend - Proactive Investors

BridgeBio's heart disease drug success lifts stock, spurs positive market sentiment - Reuters

Goldman Sachs: US recession risk reduced to 20% - CNBC

Lilly's Alzheimer's drug shows promising results, FDA decision pending - Reuters

Stratasys Rejects Nano Dimension, Engages in Talks with 3D Systems - GlobeNewsWire

FDA Grants Approval for AstraZeneca and Sanofi Vaccine Shielding Infants and Toddlers from RSV - Reuters

Yellen Highlights Concerns Over China's Economic Impact on US Economy - Fox Business

Elizabeth Warren Calls for SEC Investigation into Tesla - CNN

🤝 Mergers and Acquisitions

Black Knight stock rallies as it agrees to sell Optimal Blue unit to clear way for ICE merger - Market Watch

Johnson Controls has acquired FM:Systems for $455 million plus milestone payments - Market Watch

Pardes Biosciences stock rallies on buyout offer from MediPacific - Market Watch

Metal Energy acquires additional claims adjacent to SourceRock project - Proactive Investors

eBay Steps Aboard the AI Bandwagon with Certilogo Acquisition - MarketBeat

Berry Corporation Announces Acquisition of Macpherson Energy Corporation - GlobeNewsWire

Bowen Acquisition Corp Announces Closing of $60,000,000 Initial Public Offering - GlobeNewsWire

C3is Announces Agreement to Acquire One Aframax Oil Tanker, and Estimated Net Asset Value Premium at 370% Over Market Capitalization - GlobeNewsWire

First Bank and Malvern Bancorp, Inc. Complete Merger - GlobeNewsWire

Flushing Bank Announces Acquisition of Former Signature Bank Team - GlobeNewsWire

💼 Executives

BlackRock names Saudi Aramco CEO Amin H. Nasser to board - CNBC

FedEx names its new CFO - Market Watch

Exclusive: Petrobras to hold investments roughly stable in new five-year business plan, CEO says - Reuters

CBOE Chair & CEO comments on spot bitcoin ETF status - CNBC

ARK Invest CEO Cathie Wood believes outflows are the result of investors taking gains - CNBC

We're seeing a lot of strength in fixed income, says WisdomTree CEO Jonathan Steinberg - CNBC

Exclusive: Head of engineering for Trump's Truth Social app resigns - Reuters

Rep. Jim Jordan wants Meta CEO Mark Zuckerberg to hand over data on Threads content moderation - New York Post

Disney's TV Business Is on the Chopping Block, According to CEO: What It Could Mean for the Company - The Motley Fool

KBW CEO Sees ‘A Reset Underway' in Bank Earnings - Bloomberg

Ralph Lauren CEO Patrice Louvet on Asia Strategy - Bloomberg

📈 Earnings

Tesla discounts set to power quarterly revenue growth, hit profit - Reuters

SEB's Q2 operating profit beats expectations - Reuters

Citigroup Earnings A Mixed Bag As Earnings Up, Deals Down - Forbes

Chinese property developer Evergrande posts $81 billion loss over the past two years - CNBC

Medical device maker Masimo forecasts weak quarterly revenue - Reuters

TRX Gold highlights strong profit margins at Buckreef Gold as it reports Q3 results - Proactive Investors

Big Banks' Earnings Had Some Bad News for Smaller Banks - WSJ

Washington Federal (WAFD) Q3 Earnings Lag Estimates, Costs Rise - Zacks Investment Research

Mountain Province Diamonds reports production increase at Gahcho Kué in second quarter - Kitco

🇺🇸 North America

GM redesigns Chevy Traverse crossover, adds hands-free driving technology - CNBC

U.S. lawmakers extend social media investigation to Meta's Threads - CNBC

Coinbase CEO to meet US House Democrats on Wednesday - Bloomberg

GM can't build or deliver new vehicles fast enough, exec says - Reuters

Tesla directors settle lawsuit over compensation for $735 mln - Reuters

Tesla sues Australia's Cap-XX over EV battery technology - Reuters

Netflix shielded from Hollywood strike by global crew, strong pipeline - Reuters

Peacock Raising Prices For First Time Since 2020 Launch - Deadline

Shopify stock drops after analyst ends bullish call - Market Watch

Shares of bankrupt Bed Bath & Beyond jump more than 11% - Market Watch

🇨🇳 Asia

India will account for 20% of Apple's user growth over the next five years, Morgan Stanley estimates - CNBC

Fisker to sell limited edition electric SUVs in India by fourth quarter - Reuters

Malaysia PM says China's Geely to invest $10 bln in domestic auto hub - Reuters

Goldman Sachs Reiterates Baidu Buy Recommendation - 24/7 Wall Street

Alibaba Is Set for a Resurgence Through Push Into AI, Restructuring - GuruFocus

Seoul files suit against order to pay Elliott in Samsung fight - TechXplore

China Yuchai International to Pay US$0.28 Per Share Cash Dividend for FY2022 - PRNewsWire

Yum China Board Appoints David Hoffmann to the Board of Directors - PRNewsWire

🇬🇧 Europe

German union calls for better staffing at Tesla plant amid expansion plans - Reuters

Tesla plans to double capacity at Berlin ‘gigafactory' - WSJ

Exclusive: BP, Azerbaijan's Socar make maiden bid for Israeli offshore gas - Reuters

German Bundeswehr orders ammo in 1.3 bln eur Rheinmetall deal - Reuters

Ghosn says Nissan, Renault are going for mini alliance with rebalancing deal - Reuters

Swiss investor group lawsuit to seek compensation over UBS-Credit Suisse deal - Reuters

TotalEnergies' Q2 European refining margin indicator falls sharply - Reuters

Novartis Stock Climbs. It's All About a Hike in Outlook and $15 Billion Share Buyback. - Barrons

Rio Tinto takes a big stake in Australia's Sovereign Metals - Invezz

🇿🇦 Africa

Caledonia says gold production at Blanket was below expectations in Q2 due to operational issues - Kitco