Earnings are likely the key to whether the U.S. stock market rally continues. Three Dow stocks report earnings this morning: UnitedHealth (UNH), Goldman Sachs (GS), and Johnson & Johnson (JNJ). (CNBC)
IBM (IBM), also a Dow stock, was sharply lower in premarket trading. While beating estimates on earnings and revenue in the first three months of the year, revenue declined for the 16th straight quarter. (CNBC)
Netflix (NFLX) beat estimates on earnings, with revenue matching forecasts. But shares of the video-streaming service were plummeting in the premarket, after the firm issued weaker subscriber guidance. (CNBC)
Yahoo (YHOO) has gotten bids for its assets from Yellow Pages parent YP Holdings, private equity firm TPG, and Verizon (VZ), according to various media reports. Yahoo reports earnings after the bell this afternoon. (USA Today)
Anheuser-Busch InBev (BUD) accepted a $2.9 billion offer from Japan's Asahi for Peroni and other beer brands owned by SABMiller. The sale was a regulatory condition of Anheuser-Busch's $100 billion purchase SABMiller. (Reuters)
Federal prosecutors have launched a criminal investigation into whether blood-testing startup Theranos misled investors about the state of its technology and operations, sources told the Wall Street Journal.
Target (TGT) has started raising employee wages to a minimum of $10 per hour, the second hike in a year. The discount retailer is matching a move made earlier this year by rival Wal-Mart (WMT). (Reuters)
Competing on home turf, Republican Donald Trump and Democrat Hillary Clinton, both front-runners with big leads in state polls, hoped to emerge victorious from today's delegate-rich presidential primaries in New York. (AP)
Vice President Joe Biden, who decided not to challenge Clinton and run for president, shared with CNBC reflections on his career, thoughts on the 2016 race, and the future of American politics.