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Good morning from the Financial Times.
Today is Tuesday, October 28th, and this is your FT News Briefing.
American M&A is on a tear, and investors seem to be loving Argentina's election results.
Plus, Apple's services division is expected to hit record revenues.
It's extraordinary that this is a division of apples which stand alone is bigger than the entire annual sales of Walt Disney or Tesla or Bank of America or Nestle.
I'm Sonia Hudson and here's the news you need to start your day.
Seems like it was merger Monday yesterday.
US companies announced $80 billion worth of deals.
They happened in some of the country's biggest industries, like banking, biotech, and utilities.
The Trump administration has signaled that it's open to large mergers and acquisitions,
and that's helping revive consolidation.
M&A is also being fueled by falling interest rates and more clarity on tariffs.