SoftBank founder Masayoshi Son speaks in futuristic terms about his company, but the success of his late-stage VC fund is still unknown.Technologyread more
Trump's threat, posted on Twitter, comes amid rising international tensions in the Middle East as the U.S. has dispatched a carrier strike group and bomber task force to the...Politicsread more
Reports of Tesla vehicles spontaneously catching fire could make customers wary of EVs just as the industry ramps up production plans.Autosread more
Amazon's large and flashy investments stand out from those of its tech peers over the past year.Technologyread more
Huawei Technologies will immediately lose access to updates to the Android operating system, a source close the matter told Reuters.Technologyread more
Robert Smith announced that he and his family would set up a grant to pay off the nearly 400 graduating seniors' student loans. The total gift is estimated at $40 million.Educationread more
Trump's relationships with Deutsche Bank have drawn scrutiny in Congress and elsewhere. Trump sued the bank last month to prevent it from complying with Congressional...Financeread more
Consumer IPOs from Snap to Uber have been disappointing and serve as a reminder that private investors are making all the money.Technologyread more
China's currency has been an important barometer for progress in U.S.-Chinese trade talks, and right now it's signaling things aren't going well.Market Insiderread more
The outrage has even inspired a Change.org petition called "Remake Game of Thrones Season 8 with competent writers," with over half-a-million signatories and climbing.Entertainmentread more
The move comes after star runner Alysia Montaño's May 12 op-ed in the New York Times in which she detailed her experiences with Nike.Retailread more
Check out the companies making headlines after the bell Thursday:
Shake Shack shares fell 4 percent in extended trading. The fast-casual restaurant chain announced earnings and revenues that surpassed Wall Street predictions. Same-store sales increased by 8 percent, despite predictions of sales falling 1 percent. The company's forecast for the upcoming quarter is weak.
The past year was a big one for new store openings. 16 stores were opened in the fourth quarter and 45 were opened within the full year. The company has a goal to open 32-34 domestic and 16 international stores in the upcoming year.
Shares of CBS rose 3 percent before settling back to its closing price after hours. The broadcast media company reported earnings that beat expectations on top and bottom lines. CEO Leslie Moonves said the total subscriber base is continuing to grow at an accelerated pace.
Guidance for 2018 looks strong, with revenue growth expected to be in the high single digits and earnings per share growth expected to be in the high teens. Moonves said that momentum is only accelerating and upcoming results will be by far their greatest financial results in history, mostly due to the combination of direct-to-consumer and traditional services.
TrueCar stock slumped 5 percent after the bell. The online auto marketplace reported EPS and revenues that beat Wall Street expectations, but guidance for the first quarter was weak and sent shares falling.
Shares of Sleep Number spiked 10 percent in the extended session before settling up 4 percent. The mattress and bedding manufacturer reported earnings that beat predictions by 14 cents and revenues that beat by $31 million.
Cognex shares plunged 11 percent in extended trading. The manufacturer announced revenues that surpassed Wall Street expectations and EPS that fell in line with expectations.