Tesla is working on new battery cell designs, and a way to make their own cells, with R&D teams in a lab near its car plant in Fremont, California.Technologyread more
The Federal Reserve and the market are miles apart on interest rate expectations, and the disparity could cost the stock market a 7%-10% drop, economists say.Economyread more
President Trump lambastes Twitter, Google and other technology giants for what he claims as their efforts to stifle him.US Economyread more
Underneath the impressive market rally is a trend that doesn't seem quite right, according to J.P. Morgan.Marketsread more
The shutdown of the fire-damaged Philadelphia Energy Solutions refining complex could send gasoline prices higher across the U.S., but particularly in the mid-Atlantic region...Market Insiderread more
Mnuchin tells CNBC he's confident President Trump and China's Xi Jinping can make progress in stalled trade talks.World Economyread more
Bitcoin topped the $13,000 level Wednesday, rallying to its highest price since January 2018.Bitcoinread more
JP Morgan's Jamie Dimon says student lending "is a disgrace and it's hurting America."Economyread more
During the foreclosure crisis, investors transformed the single-family home rental market into a formally managed asset class. Now they want new homes.Real Estateread more
Wayfair drew backlash and calls from some customers for a boycott after employees protested the company's apparent sale of $200,000 of mattresses and bunk beds destined for a...Retailread more
These are the stocks posting the largest moves midday.Market Insiderread more
Check out which companies are making headlines before the bell:
Hilton Worldwide – The hotel operator reported adjusted quarterly profit of 54 cents per share, 9 cents a share above estimates. Revenue topped forecasts, jumping 24 percent from a year earlier on greater booking volume at higher prices.
Molson Coors – The beer brewer came in 6 cents a share above estimates, with adjusted quarterly profit of 62 cents per share. Revenue was essentially in line with expectations. Molson Coors said it was pleased with its 2017 performance given challenging market conditions.
Wyndham Worldwide – Wyndham earned an adjusted $1.49 per share for its latest quarter, 14 cents a share above estimates. Its revenue came in below forecasts. Wyndham also announced a 14 percent dividend increase to 66 cents per share.
Target – Baird upgraded the retailer's stock to "outperform" from "neutral," citing improved execution, easier comparable sales figures, and exclusive brand launches, among other factors.
Avis Budget – Goldman Sachs downgraded the car rental company's stock to "sell" from "neutral" and cut the price target to $33 from $37. Avis Budget joins rival Hertz Global as "sell" rated at Goldman, with the firm cutting its price target on Hertz to $13 from $15.
MetLife – MetLife reported adjusted quarterly profit of 64 cents per share, in line with forecasts, but the insurer's revenue missed estimates. MetLife also took a $70 million after-tax charge related to fixing its ongoing pension issue, after failing to pay pensions to potentially tens of thousands of retirees.
Chipotle Mexican Grill – The restaurant chain named Taco Bell Chief Executive Brian Niccol as its new CEO, replacing founder Steve Ells. Niccol had worked at the Yum Brands unit since 2011 and had been at Yum's Pizza Hut operation prior to moving to Taco Bell.
Aflac – Aflac announced a two-for-one stock split, with the disability insurer's stockholders receiving a 100 percent stock dividend payable on March 16.
Twilio – Twilio lost 3 cents per share for its latest quarter, half of what analysts had been forecasting. The cloud communications company's revenue beat estimates. CEO Jeff Lawson said the company has "fabulous momentum" for 2018.
Baidu – Baidu beat estimates on both the top and bottom lines for its latest quarter. The China-based internet company also said it was considering a possible U.S. initial public offering for its iQiyi video unit, and that it is making a push into areas like artificial intelligence and autonomous driving.
Fossil – Fossil came in 24 cents above estimates, with adjusted quarterly profit of 64 cents per share. The watch maker's revenue easily surpassed estimates. Fossil said profit margins will increase this year as it enhances its focus on wearable technology.
Walmart – The retailer's Sam's Club unit is revamping its membership structure and improving its e-commerce offerings, as the warehouse retailer tries to narrow the performance gap with rivals like Costco.
Phillips 66 – Phillips is buying back 35 million shares from Berkshire Hathaway, in a move that Berkshire's Warren Buffett said was solely to move its stake in the energy company under 10 percent to avoid certain regulatory requirements. Buffett said Berkshire plans to continue holding Phillips shares for the long term.
Occidental Petroleum – The company matched Street forecasts with fourth-quarter earnings of 41 cents per share, while revenue beat forecasts. Shares are under pressure as investors had hoped for an earnings beat based on rising crude oil prices and an increase in demand.
Western Union – Western Union fell 4 cents a share shy of estimates, with quarterly profit of 41 cents per share. The money transfer company's revenue beat forecasts and it also announced an 8.6 percent dividend increase to 19 cents per share.