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• ☕️What Else is Brewing This Morning
  The former US Marine who put Jordan Neely in a fatal chokehold on a New York City subway car will turn...
  The former US Marine who put Jordan Neely in a fatal chokehold on a New York City subway car will turn himself in today to face a manslaughter charge, Manhattan prosecutors said.
  
  Maybe it’s not going to be Shoshanna. The WSJ reported that NBCUniversal’s advertising head, Linda Yaccarino, is in talks to replace Elon Musk as CEO of Twitter.
  
  JPMorgan CEO Jamie Dimon criticized former President Trump for suggesting that a default was acceptable in Wednesday night’s CNN town hall. Dimon said, “Anyone who’s anyone knows that is potentially catastrophic.”
  
  The FDA updated its guidelines to allow more gay and bisexual men to donate blood.
  
  Lyft said it will stop offering shared rides.
  
  
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• Oil & Gas Prices for Friday Morning
  WTI and Brent crude oil futures are trading higher and are on track to...

  WTI and Brent crude oil futures are trading higher and are on track to end the week largely unchanged as the market balanced supply fears against renewed economic concerns in the United States and China. Treasury Secretary Janet Yellen said that the U.S. faces financial and economic catastrophe if Congress fails to raise the debt ceiling and the U.S. Federal Reserve will probably need to raise interest rates further if inflation stays high. Meanwhile, a decline in new loans to businesses in China and weaker economic data there earlier in the week refocused doubts about its recovery from COVID restrictions driving oil demand growth.

  
  

  Natural gas futures are running flat to lower in early trading as the NOAA's 8-14 day outlook shows above-normal temps across parts of the Pacific NW and Great Basin, and for much of the West and Northern Plains, as well as the MS Valley and southern Atlantic states.

  
  
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• Energy Sector Commentary
  The energy sector is poised for a higher start, supported by strength in the crude complex and in the...
  The energy sector is poised for a higher start, supported by strength in the crude complex and in the major equity futures. U.S. stock index futures rose in a week that bolstered investor hopes of a pause in interest rate hikes after data showed a moderation in economic growth and gains in Tesla shares.
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• Stock Market Outlook for Friday
  US stock futures rise early Friday, as investors await the release of preliminary consumer...
  US stock futures rise early Friday, as investors await the release of preliminary consumer sentiment data, due out later this morning. Meanwhile, Tesla shares ticked higher after Elon Musk announced he had found a new Twitter CEO. For the latest market moves, click here.
  
  Earnings on deck: Allianz, Olympus Corp., and more, all reporting.
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• Argonaut Acquires Drilling Equipment Provider Center Rock
  Argonaut Private Equity announced this week it has acquired Center Rock Inc., a Pennsylvania-based...
  Argonaut Private Equity announced this week it has acquired Center Rock Inc., a Pennsylvania-based provider of drilling tools and rigs for the construction, mining, utility, and energy industries.
  
  Center Rock’s leadership team will remain and be supported by Argonaut.
  
  The deal allows Center Rock to expand its product offerings to new industries and countries. The company currently designs, manufactures, distributes, and services downhole rock drilling tools and construction applications, including water well and geothermal borehole drilling, blast holes for mining and quarry, utility infrastructure projects, and underbalanced natural gas drilling.
  
  Argonaut is a private equity firm based in Tulsa, Oklahoma, with more than $2 billion in direct investments across the manufacturing and industrial industries.
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