US Steel (X) is declining after President Trump opposed Japanese company Nippon Steel (NPSCY) from buying the US steel manufacturer. Meanwhile, Prada (1913.HK) will acquire Versace from Capri Holdings (CPRI) for $1.38 billion. The deal is expected to close in late 2025. Volkswagen (VOW.DE) stock trading in Germany is climbing following Trump’s suspension of reciprocal tariffs, even after the company preliminarily reported lower first quarter earnings. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.
Yahoo! Finance: CPRI News
