Morgan Stanley raises PT on PayPal (PYPL.O) to $45.00 from $34.00.

Iraqi Prime Minister's Office: Iraq's Security Council directed the foreign ministry to pursue legal action over US and Saudi airstrikes.

NYT, citing Iranian and Western officials, reports Tehran considered a retaliatory strike on a Ukrainian seaport after Kyiv struck an Iranian commercial cargo ship in the Caspian Sea last Saturday, killing one crewman. Sources said Iran was expected to launch a ballistic missile with a small warhead at a Black Sea port for symbolic effect with limited damage. Following Ukrainian diplomatic outreach, Iranian foreign minister Araghchi spoke by phone with his Ukrainian counterpart; Araghchi said Ukraine’s foreign minister described the attack on the vessel as unintentional, and diplomatic contact has temporarily eased the threat.