These are the stocks posting the largest moves before the bell.Market Insiderread more
Target beats second-quarter earnings expectations thanks to an increase in traffic and sales. The retailer also boosts its full-year estimates.Retailread more
Corporate debt recently passed the $1 trillion mark in a continuing sign of global financial displacement.Marketsread more
Trump said he has "been thinking about payroll taxes for a long time" — and he cautioned that "whether or not we do something now, it's not being done because of recession."Politicsread more
Lowe's also tops rival Home Depot on same-store sales growth in the U.S.Retailread more
President Donald Trump said on Twitter he was postponing a scheduled meeting with Denmark's prime minister because of her lack of interest in discussing a possible sale of...World Politicsread more
After a rush on refinances, homeowners took a breather last week, despite still seeing the lowest interest rates in about three years.Real Estateread more
The growing popularity of cocaine cut with fentanyl — known on the street as a speedball — or combinations of methamphetamine and fentanyl — known as a goofball — are driving...Health and Scienceread more
After Elon Musk touts Tesla solar on Twitter, Walmart sues the electric vehicle and clean energy company over store rooftop panels that ignited.Technologyread more
The bond market has entered a financial twilight zone, and at this point, there doesn't seem to be a smooth way out.Market Insiderread more
Huawei CEO Ren Zhengfei laid out plans to bring more efficiencies to the organization. This included simplifying the reporting structure, cutting down on surplus staff, axing...Technologyread more
Presidential hopeful Sen. Elizabeth Warren wants to break up Apple by separating its control of the App Store from its ability to sell its own apps on its marketplace, the Democratic senator from Massachusetts told The Verge.
Warren's Medium post announcing her plans to "break up Big Tech" does not mention Apple by name, but instead called out Amazon, Google and Facebook. But her campaign confirmed to CNBC on Friday that Apple is included in the mission. Warren's view is that companies with an annual global revenue of at least $25 billion cannot own both a "platform utility" and own a participant on that platform. She defines that "utility" as a company that offers "an online marketplace, an exchange, or a platform for connecting third parties." In Google's case, for example, this means it cannot own its ad exchange and a business on that exchange.
In her interview Saturday with The Verge editor Nilay Patel, Warren elaborated on what this breakup would look like for Apple. She said there was "no special reason" the company was left out of her Medium post.
"Apple, you've got to break it apart from their App Store. It's got to be one or the other," Warren told The Verge. "Either they run the platform or they play in the store. They don't get to do both at the same time."
Warren compared the dominance of tech companies to railroad companies, which also faced antitrust scrutiny over a century ago.
"Back when the railroads were dominant, and you had to get steel or wheat onto the railroad, there was a period of time when the railroads figured out that they could make money not only by selling tickets on the railroad, but also by buying the steel company and then cutting the price of transporting steel for their own company and raising the price of transporting steel for any competitors. And that's how the giant grows," Warren said.
She said in both cases, the companies benefit from market dominance rather than winning against competition based on providing a superior product or service. In the case of the App Store, she said it's unfair for a company that collects data about users based on owning a platform to also have the ability to sell its own items on that platform.
Other presidential candidates have brought tech companies into the spotlight, although Warren's plan is the most pointed action plan so far focused on breaking up these businesses. Sen. Amy Klobuchar, D-Minn., has discussed legislation to protect consumer data in light of concerns about information shared between Facebook and third-parties. Sen. Bernie Sanders, a Vermont independent running as a Democrat, has urged Amazon to boost workers' wages and benefits.
Apple and Warren's campaign did not immediately return CNBC's requests for comment.
Read the full interview at The Verge.