Jim Cramer's top 10 things to watch in the stock market Monday
📰 source: cnbc_topnews · 💼 business
peace talks between the us and iran are back on, sending wti crude down more than 5% to below $80 a barrel. stock futures are higher, led by the dow, with boeing the biggest club beneficiary. astrazeneca is in talks to merge with bristol myers squibb, a deal that would value the combined company near $400 billion and create the fourth-largest drugmaker by market cap, per the ft.
eaton was upgraded to buy at evercore isi with a price target hike to $502, after a strong earnings report friday. corning was upgraded at truist, with analysts seeing a better entry point after shares fell 45% since july. cramer defended intel, calling chatter about its cpus and packaging 'untrue' and 'bogus,' and blaming the overhang on a hedge fund collapse. goldman added asml to its european conviction list despite a report of chinese competition. starbucks was upgraded to hold at melius, and linde's price target was cut to $580 at citi. ubs downgraded stellantis to hold, with shares down 47% year to date.
why it matters: daily market checklist covering oil, mega-merger talks, and key analyst moves that could drive trading.
source: cnbc_topnews
sentiment: +0.20 · impact: 0.75