Daily US Stock Market Highlights (Tuesday, June 11)

< b > Stock News < br > < span class = "section-news" > 1. Apollo Global Management (APO. N) and Kyndryl (KD.US), an information technology service provider spun off from IBM (IBM. N), are in talks to jointly bid for DXC Technology (DXC.US). < br > < class span = "section-news" > 2. Extreme Krypton (ZK.US) announced its 2024 Q1 financial report: revenue 14.737 billion yuan, an increase of 71% year-on-year, deliveries rose 117% year-on-year, and vehicle gross margin reached 14%, an increase of 3.9 percentage points year-on-year. < br > < span class = "section-news" > 3. GlaxoSmithKline (GSK. N) and other drugmakers have petitioned to appeal a Delaware ruling that allows more than 70,000 lawsuits alleging the heartburn drug Zantac causes cancer to go ahead. < br > < span class = "section-news" > 4. A California administrative judge today dismissed Tesla (TSLA. O) 's attempt to drop a complaint over false advertising claims against its Autopilot technology, moving the case to the formal hearing stage. That means Tesla will face charges in California over false marketing of Autopilot, which alleges the automaker exaggerated the ability of its cars to drive themselves. < br > < span class = "section-news" > 5. UBS (UBS. N): The merger of UBS and Credit Suisse's Swiss unit could be completed as early as July 1, with customers starting to move to UBS's IT systems in 2025.