USA-The values ​​to follow on Wall Street (updated) – 06/06/2022 at 13:21

(Updated with index futures, Spotify and Regeneron recommendation change, Starbucks forecourt price)

PARIS, June 6 (Reuters) – Top stocks to watch on Monday on Wall Street where major index futures point to an opening up 0.78% for the Dow Jones

.DJI , 1.02% for the Standard & Poor’s 500 .SPX and 1.34% for the Nasdaq .IXIC:

* APPLE APPL.O, which is holding its traditional annual developer conference on Monday, is ahead 1.6% in market preview after losing 3.9% on Friday, following information about a possible agreement in Europe on the adoption of a universal charger for all manufacturers of smartphones and tablets. nL8N2XQ32Q

* TESLA TSLA.O takes 4.1% ahead of trading on Monday, regaining some of the ground lost on Friday linked to doubts expressed by its chief executive, Elon Musk, on the economic outlook and the need for a reduction of around 10 % of car manufacturer’s workforce. The billionaire returned to his remarks on Saturday, assuring that the group’s total workforce would increase over the next 12 months.


* Chinese authorities will wrap up their investigation into DIDI GLOBAL DIDI.N and prepare to allow the ride-hailing giant to redeploy its app in China this week, the Wall Street Journal reported. The action soared 50% in the forecourt. ALIBABA BABA.N, BAIDU BIDU.O and JD.COM JD.O take 4% to 6% in its wake.

* ALPHABET GOOGL.O – An Australian court on Monday ordered Google, a subsidiary of Alphabet, to pay 715,000 Australian dollars (480,000 euros) to a former MP for defamatory videos posted on YouTube.

* The ABBOTT ABT.N Laboratory announced on Saturday the reopening of its formula production plant in Sturgis, Michigan, raising hopes of a solution to the unprecedented shortage of infant formula in the United States. nL6N2XR014

* STARBUCKS SBUX.O – The coffeehouse chain announced on Monday that Howard Schultz will remain its interim chief executive until March 2023 pending a search for a permanent successor. The action takes 1.7% before the market.

* SPOTIFY SPOT.N – Raymond James raised its recommendation on the stock to “outperform” versus “performance in line with the sector”.

* REGENERON PHARMACEUTICALS REGN.O – Jefferies begins tracking the stock to “underperform” with a price target at $536.

* BRISTOL-MYERS SQUIBB BMY.N ​​- Raymond James lowers its recommendation on the stock to “performance in line with the sector” against “outperformance”.

(Written by Claude Chendjou, edited by Kate Entringer)

((For the results calendar, double-click on RESF/US For recommendations changes, click on RCH/US ))


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