Stock Market News |
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| Exclusive: CVS explores options including potential break-up, sources say – Reuters | |
| Apple Stock Loses Ground as Barclays Warns of ‘Softer’ iPhone 16 Demand – Investopedia | |
| Port strike could reignite inflation, with larger economic impact dependent on how long it lasts – CNBC | |
| PepsiCo in talks to buy tortilla-chip maker Siete Foods for more than $1 bln, WSJ reports – Reuters | |
| Boeing weighs raising at least $10 bln selling stock, Bloomberg News reports – Reuters | |
| Nike posts bigger-than-expected quarterly sales drop on weak China demand – Reuters | |
| Israeli forces launch ground offensive in Lebanon as markets fear escalation – CNBC |
Notables |
| Notable Earnings Today: Levi Strauss (NYSE: LEVI), RPM Inc (NYSE: RPM), Conagra (NYSE: CAG). |
| Notable IPOs Today: FrontView REIT, Inc. (NYSE: FVR), StandardAero, Inc. (NYSE: SARO). |
| Notable Equity Crowdfunding Campaigns Ending Today: To Be Frank (Honeycomb), Baude NY (Honeycomb). |
| Notable Economic Events Today: ADP Nonfarm Employment Change (8:15 a.m. ET), Crude Oil Inventories (10:30 a.m. ET). |
Trends to Watch |
| Next Crypto ETF: Bitwise Takes a Step Toward XRP ETF (CoinDesk) |
| Supple Chain Woes: The massive dock workers’ strike, explained (Vox) |
| The End of Integrated Healthcare: CVS is weighing a breakup. What does it mean for the big healthcare business? (Yahoo! Finance) |
| Auto Bad: Auto Sales Are Idling as Prices Remain High (Wall Street Journal) |
| Egg-Sactly: Egg prices boost Cal-Maine’s sales more than 70% higher (MarketWatch) |
