These are the stocks posting the largest moves before the bell Monday.Market Insiderread more
Trump says he would impose additional sanctions against Iran in a bid to prevent the country obtaining nuclear weapons.World Politicsread more
The major indexes have stretched to all-time highs and are riding one of their best first halves in decades.Trading Nationread more
Tensions between the U.S. and Iran will likely escalate in the near future, a former adviser to the Iranian government said on Monday.Energyread more
Millennial stocks are looking fly this month, and one name could be on the verge of exploding in the next year.Trading Nationread more
Chinese vice commerce minister said Monday that Beijing would like the U.S. to cancel "inappropriate" actions against Chinese companies.China Economyread more
Eldorado Resorts has agreed to merge with Caesars Entertainment in a cash and stock deal that values its peer at about $17.3 billion including debt.Casinos and Gamingread more
A decisive win for Turkey's main opposition party in a re-run of a mayoral election in Istanbul has prompted hopes for reforms.Europe Politicsread more
Sixteen Asia Pacific countries have been negotiating the Regional Comprehensive Economic Partnership since 2013, with India's reluctance to open up its markets a major...Asia Economyread more
Internships for professionals who've taken a break from the labor force are becoming more popular at financial advisory firms. Returnships provide a particularly good way to...FA Playbookread more
The secretary of State said he was traveling to Saudi Arabia and the United Arab Emirates to make sure that the U.S. is "strategically aligned" with its allies.Politicsread more
Spotify raised roughly $350 million in a new round of fundraising as the music streaming site embarks on its next leg of growth, according to people familiar with the matter. (Tweet this)
Last week marked the "first close" of the round, meaning new investors may yet choose to take part in the fundraising, these people say; one of the large commitments came from Goldman Sachs, investing through a vehicle serving institutional clients.
The company's valuation, not including the money represented by the new fundraising, is $8 billion—twice the public market capitalization of its streaming rival, Pandora.
Spotify currently has 60 million monthly users, 15 million of which are paying subscribers, according to the company's website. Record labels—some of which are existing Spotify investors—recently have pressured the company to focus more on attracting more users to the paid tier to grow revenues.
Through a spokesperson, Spotify declined to comment.
Spotify faces increased competition in the streaming space. Rapper Jay Z recently launched Tidal, a streaming service in which musicians hold majority ownership. Apple is widely expected to join the market after its acquisition of Beats Music last year.
The Wall Street Journal first reported last month that Spotify was nearing a $400 million round of funding that would value the company at $8.4 billion.
—CNBC's Jacob Pramuk contributed.
Correction: The $400 million round of funding Spotify was reportedly close to receiving was misstated in an earlier version of this story.