The Daily Scrum is a 15-minute event for the Developers to synchronize activities and create a plan for the next 24 hours. This meeting is designed to inspect progress toward the Sprint Goal and adapt the Sprint Backlog as necessary. The intended outcomes are to identify any impediments that may prevent the Developers from achieving the Sprint Goal (D) and to foster a shared understanding among the Developers of what work is most important to undertake next in order to make the best possible progress toward the Sprint Goal (E). It is not a status update meeting for the Scrum Master or upper management, nor is it primarily about updating Scrum boards for stakeholder transparency.
References: The Scrum Guide and the resources provided by Scrum.org on the Daily Scrum emphasize these outcomes as essential to the effectiveness of the Daily Scrum event12.