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  • Nasdaq hits new intraday high, surpassing the record set Feb 19; the composite fell short of beating February 19th's closing; the monthly payrolls report, released Friday, indicated the addition of 2.5M jobs in May - Link

  • State attorneys general investigating Google for potential antitrust issues favor breaking up the company's ads business, according to CNBC sources; the group of 50 attorneys general, along with the Justice Department, which is also probing the company's practices, reportedly plan to file suits against Google in coming months; the states and the department reportedly have not decided whether they should combine their suits - Link

  • Alexis Ohanian resigns from Reddit's board, urges the company to replace him with a black candidate; Ohanian, who said he co-founded Reddit 15 years ago to help people find community and a sense of belonging, committed future gains on his company stock to serve black communities; he also pledged $1M to Colin Kaepernick’s Know Your Rights Camp - Link

  • Boston-based telemedicine firm Amwell (formerly American Well) confidentially files for an IPO, according to CNBC sources; the company is working with Goldman Sachs and Morgan Stanley; the listing is expected to happen as soon as September; has raised more than $700M to date - Link

  • European food delivery companies Delivery Hero and Just Eat Takeaway have expressed interest in merging with Grubhub, should that company's talks with Uber fail due to antitrust concerns, according to CNBC sources; the sources said Grubhub would face less scrutiny over a European sale; Uber and Grubhub have discussed a breakup fee, according to Bloomberg - Link