🗞️ Friday 5/3 News Roundup

Good morning! It's Friday, May 3rd. Every Friday we will be highlighting the top news stories of the week that you might have missed!

Microsoft's $75B acquisition of Activision cleared regulatory hurdles, marking a significant move in the gaming industry and signaling Microsoft's ambitions in the gaming market.

The FTC approves Exxon's acquisition of Pioneer, indicating consolidation trends within the energy sector as companies seek to streamline operations amidst market challenges.

Johnson & Johnson's $6.475 billion talc cancer lawsuit settlement progresses, potentially resolving a long-standing legal battle and providing relief to affected parties.

Starbucks stock falters amidst economic volatility, signaling potential challenges ahead and dampening investor sentiment despite the broader market trends.

Amazon's Q1 earnings surge driven by AI initiatives underscores the company's continued focus on innovation and technology-driven growth strategies.

WeWork exits bankruptcy under Adam Neumann's leadership, marking a new chapter for the company amidst restructuring efforts and regulatory scrutiny.