A recap of Monday’s best stock picks on CNBC.
McConnell discharged from the hospital after receiving treatment for a concussion
Senate Minority Leader Mitch McConnell sustained a concussion and a “minor rib fracture” in a fall last week, his office said.
Moderna shares pop 7% after Cowen upgrades stock, saying it ‘will be a leader’ in RSV vaccines
Moderna shares closed nearly 7% after TD Cowen upgraded the stock, saying the company will “be a leader” in the RSV vaccine market.
Veterans Health Administration will cover Alzheimer’s treatment Leqembi, Eisai says
Veterans with early Alzheimer’s who meet certain VHA criteria can get the treatment covered, according to drugmaker Eisai.
Stocks making the biggest moves after hours: GitLab, United Airlines, First Republic Bank and more
These are the stocks posting the largest moves in extended trading.
United shares tumble after airline forecasts first-quarter loss
United Airlines forecast a first-quarter loss, citing weaker demand early in the year and higher costs.
As the market digests the banking crisis, Morgan Stanley is a buy. But investors should sit tight on Wells Fargo
In the wake of the collapse of Silicon Valley Bank, financial stocks are under pressure as the market assesses the ongoing fallout and impact on other lenders.
Australia to receive nuclear-powered submarines under agreement with U.S., UK
U.S. President Joe Biden, U.K. Prime Minister Rishi Sunak and Australian Prime Minister Anthony Albanese came to the agreement at a meeting in San Diego, Calif.
Regulators may still try to find a buyer for Silicon Valley Bank, source says
There’s still an opportunity to sell Silicon Valley Bank according to the official, saying that’s not off the table.
Silicon Valley Bank is the second-biggest bank crash in U.S. history—here’s what it means for your money
Regulators announced they’d back deposits at Silicon Valley Bank and Signature Bank on Monday. It’s ‘not the end of the world,’ experts say.