Date

**General News:**
• Charles Schwab & Co. Inc. will pay more than $186 million to settle a regulatory investigation that found it didn’t adequately disclose how keeping a big share of clients’ assets in cash could hurt investment returns.
• The CEOs of General Motors, Ford Motor, Chrysler parent Stellantis and Toyota Motor North America are urging Congress to lift the federal government’s cap on the number of vehicles that are eligible for a tax credit of up to $7,500, a move they say will encourage consumer adoption of the cars and trucks.
• Oracle shares rose almost 9% in extended trading on Monday after the database software company issued fiscal fourth-quarter results that exceeded analysts’ estimates.
• American Airlines-owned regional carriers will hike pilot pay by 50% through the end of August 2024, the latest sign airlines are willing to pay up in hopes of ending a pilot shortage that has left some travelers with fewer flight options.
• Chinese electric car maker BYD saw sales more than double in May, solidifying the company’s climb into the ranks of the top three automakers in China.
• The FDA has approved Alopecia, a drug that restores hair growth.

**StockTwits Top 10 Trending Tickers of the Day:**
1. RDBX
2. ARKK
3. LICY
4. AERC
5. ORCL
6. IWM
7. LUKOY
8. DAWN
9. Z
10. SBSW

More articles