4 stocks to watch on Monday: Meta, Micron and more
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The debt ceiling remained the key talking point on Wall Street headed into Monday's trading. Investors remained cautious after a slight dip to close out the previous week. Here are some stocks to watch on Monday:

Meta (NASDAQ:META) has been fined 1.2B euros, or around $1.3B, by EU officials for privacy violations. Authorities found that the Facebook parent had transferred personal data from the EU to the US. "This decision is flawed, unjustified and sets a dangerous precedent for the countless other companies transferring data between the EU and US," a META official said in response to the fine, according to the Financial Times.

Micron (MU) lost ground in premarket trading, falling about 4% on news that China has banned the firm's products from its "critical infrastructure supply chain." This came after the government conducted a cybersecurity review.
ZIM Integrated Shipping Services (ZIM) reported a wider-than-expected loss in Q1, with revenue that plunged more than 60% from last year. Meanwhile, the cargo shipping company said it will not pay a dividend due to the heavy quarterly losses. ZIM dropped 9% before the opening bell.
Zoom Video Communications (ZM) is scheduled to report its quarterly results after market close. The video conferencing provider is expected to earn $0.99 per share on revenue of $1.08B. In choppy trading so far this year, ZM has edged up about 4% since the close of 2022. Over a 12-month timeframe, shares are down about 22%.


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