These are the stocks posting the largest moves before the bell.Market Insiderread more
U.S. stock futures pointed to a higher open on Monday as Treasury yields rebounded to quell fears of a possible recession.US Marketsread more
The Business Roundtable, a group of CEOs of nearly 200 major U.S. corporations, gave a new definition of the "purpose of a corporation."Marketsread more
Trump said he doesn't see a recession after the bond market spooked investors and the Dow suffered its worst day of the year last week.Marketsread more
Bianco Research's James Bianco suggests Wall Street is desperately looking for a signal that a 50 basis point cut is coming next month.Trading Nationread more
U.S. Commerce Secretary Wilbur Ross said the U.S. will extend a reprieve given to Huawei that permits the Chinese firm to buy supplies from U.S. companies.Politicsread more
Dow to jump; Trump defends economy; Huawei hopes for US reprieve; Trump and Apple's Tim Cook meet; president ties Hong Kong protests to China trade disputeMarketsread more
The U.K. prime minister prepares to meet his German and French counterparts this week.Europe Politicsread more
Amazon is raising seller fees for thousands of small and medium-sized businesses in France because of a new digital tax passed by the French government.Technologyread more
Ahead of the deadline, U.S. President Donald Trump told reporters that Huawei was a national security threat.Technologyread more
Target is launching its biggest brand yet, Good & Gather. Target expects the grocery label will be a multibillion-dollar brand by the end of 2020.Retailread more
Commercial Linux distributor Red Hat continues to tout its success, and the widespread adoption of open source, a day after reporting its 51st consecutive quarter of revenue growth. Companies have moved past the mindset of former Microsoft CEO Steve Ballmer, who more than a decade ago called the Linux platform a "cancer," Red Hat President and CEO Jim Whitehurst wrote on Friday.
"Today, it is almost impossible to name a major player in IT that has not embraced open source," Whitehurst wrote on the company's blog.
Describing Red Hat as an "early leader" in open source and cloud platforms, Whitehurst noted that Red Hat counts 90 percent of Fortune 500 companies as customers. But the question of how much a company with products based on freely available, easily adopted platforms can grow remains.
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Red Hat's biggest sales source is subscriptions for support and services on its Red Hat Enterprise Linux and Red Hat JBoss Middleware. Roughly $395 million of Red Hat's $456 million in quarterly revenue reported yesterday came from subscriptions. But the company's revenue, and market cap, still pale in comparison to the traditional industry giants.
Red Hat is sustainable because it runs unique products that it engineers for clients, Whitehurst told CNBC in a statement. He made the distinction between "free" and "freely available," as the open source code provides a foundation for Red Hat products, to which customers pay a subscription.
"Our products continue to both take share from competitive platforms and win a disproportionate share of new work loads," Whitehurst said.
—Reuters contributed to this report.