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• Enverus: US oil, gas dealmaking slowed in Q3
  US oil and natural gas companies announced 25 mergers and...
  US oil and natural gas companies announced 25 mergers and acquisitions in the third quarter, totaling $14 billion in value, down from $24 billion in the previous quarter and $16 billion in the same period last year, according to Enverus. Looking ahead, consolidation among larger independents and smaller players is likely to pick up, spurred by Exxon's and Chevron's recent blockbuster takeovers, Enverus noted.
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• Ground Invasion Delayed
  Israel has reportedly ...
  Israel has reportedly agreed to delay its anticipated ground invasion of Gaza to allow the US time to deploy air-defense systems to protect US troops in the Middle East. US officials are concerned Israel's invasion could cause an uptick in militant groups targeting American forces in the region; at least 13 such attacks have occurred in Syria and Iraq in the past week. Israel hasn't disclosed the timeline of its ground invasion but said it would delay its plans until at least later this week. 
  
  The delay also gives Israel and the US additional time to negotiate the release of hostages held by Hamas and for humanitarian aid to reach Palestinians in Gaza. Hamas has so far released four hostages since capturing 222 people from Israel during its Oct. 7 attack.
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• ☕️What Else is Brewing Thursday Morning
  Historybook: Erie Canal opens (1825); Women’s rights leader Elizabeth Cady Stanton...
  Historybook: Erie Canal opens (1825); Women’s rights leader Elizabeth Cady Stanton dies (1902); Hillary Clinton born (1947); Hattie McDaniel, first Black Academy Award winner, dies (1952); Last known natural case of smallpox detected (1977).
  
  Apple is hiking the price of AppleTV+ to $9.99 per month, up from $6.99/month. Hope you have room to keep Ted Lasso in your streaming budget, since Netflix and Disney+ also recently raised prices.
  
  Donald Trump was fined $10,000 for violating a gag order in the New York civil fraud trial against him after he appeared to allude to the judge’s clerk when speaking to reporters. It’s the second fine he’s been hit with over the order in less than a week.
  
  A judge in Australia ruled that Carnival was negligent for not canceling a cruise on which 663 passengers caught Covid—and 28 died—early in the pandemic.
  
  Mattel’s doll sales jumped 24% thanks to the popularity of Barbie, the summer’s biggest blockbuster, helping the toy company beat earnings estimates.
  
   
  
   
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• Closing Oil & Gas Prices
  Benchmark U.S. crude oil for December delivery...
  Benchmark U.S. crude oil for December delivery rose $1.65 to $85.39 a barrel Wednesday. Brent crude for December delivery rose $2.06 to $90.13 a barrel.
  
  Wholesale gasoline for November delivery rose 1 cent to $2.28 a gallon. November heating oil fell 1 cent to $3.03 a gallon. November natural gas rose 4 cents to $3.01 per 1,000 cubic feet.
  
  
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• Nasdaq finishes in correction territory after worst day since February
  U.S. stocks tumbled on Wednesday, with the Nasdaq Composite seeing its biggest pullback since February,...
  U.S. stocks tumbled on Wednesday, with the Nasdaq Composite seeing its biggest pullback since February, as Google parent Alphabet Inc. GOOGL, -9.51% shares cratered, weighing on the broader market. The Nasdaq Composite COMP fell 318.65 points, or 2.4%, to 12,821.22, finishing in correction territory for the first time since late December 2022, according to preliminary closing data from FactSet. The S&P 500 SPX fell 60.91 points, or 1.4%, to 4,186.77. The Dow Jones Industrial Average DJIA fell 105.45 points, or 0.3%, to 33,035.93.
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