You’d think life would be an endless party here, but the Italians do not seem very happy these days, and with good reason.
Stocks making the biggest moves premarket: Palo Alto Networks, Apple, Target & more
Check out the companies making headlines in premarket trading.
China may be ‘disruptive’ and fueling anxiety — but talks must continue, defense chiefs say
Just this weekend, a Chinese warship came within 150 yards of a U.S. destroyer in the Taiwan Strait, according to the U.S. Indo-Pacific Command.
Key port facilities face shutdowns amid potential contract standstills
CNBC’s Lori Ann LaRocco discusses why TTI, the largest terminal in Long Beach, has cancelled all trucking orders for imports and exports.
Oppenheimer downgrades this cosmetics stock, says gains will be harder to come by
This cosmetic stock will struggle in the short-term due to macroeconomic headwinds weighing down material upside, Oppenheimer said.
Morgan Stanley downgrades Dollar General, says retailer not as defensive as expected
Dollar General hasn’t proven itself to be a quintessential defensive stock so far this year, according to Morgan Stanley.
Hollywood actors set vote to authorize strike with writers still out
Hollywood’s actors union will announce Monday whether their members authorized a possible strike.
KeyBanc downgrades Target, says resumption of student loan payments will hit margins
KeyBanc said a more cautious consumer that’s more keen on budgeting coupled with macro headwinds will hinder Target’s long-term recovery.
UBS expects to seal Credit Suisse takeover as early as June 12
UBS expects to complete its takeover of Credit Suisse “as early as June 12”, which will create a giant Swiss bank with a balance sheet of $1.6 trillion.
Air travel to be disrupted by ‘very frustrating’ supply chain issues, IATA’s Willie Walsh says
“The challenges we expect to see in the short term are outside of our control,” Willie Walsh told CNBC, citing a number of issues on the horizon.
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