Futures fell after Trump said the U.S. will raise tariffs on more than $500 billion worth of Chinese imports, increasing trade tensions.Marketsread more
Clouding the G-7 gathering, which represents the world's major industrial economies, are the tit-for-tat tariffs between Washington and Beijing.Politicsread more
Hours after President Trump said Sunday he had "second thoughts" about escalating the trade war with China, the White House sought to explain his remark because it was...Politicsread more
President Donald Trump said that he would have a major trade deal with U.K. after it leaves the European Union.Politicsread more
Carl Medlock used to work at Tesla. Now he's one of the few people in the U.S. that can fix the company's original Roadster electric vehicles.Technologyread more
Despite Kudlow's expectations, China said on Saturday that it strongly opposes Trump's decision to levy additional tariffs on $550 billion worth of Chinese goods, and warned...Politicsread more
President Donald Trump said Sunday he was not happy after North Korea launched short-range ballistic missiles over the weekend.Politicsread more
Bryn Mawr Trust CIO Jeffrey Mills lists where to put money to work as Wall Street copes with trade war and recession jitters.Futures Nowread more
The announcement for Target also comes on the heels of a strong quarterly earnings report, where it showed it drove more people to stores and got them to spend more money...Retailread more
The Goldman Sachs technology M&A team, led by Sam Britton, has cashed in on its software focus and decades of experience to dominate 2019's biggest deals.Technologyread more
American small and medium-size companies that rely on China are scrambling to adjust their business plans in response to the escalating trade war.Traderead more
Check out the companies making headlines after the bell on Tuesday:
Shares of Salesforce gained more than 4 percent in after hours trading. The cloud computing company beat analyst expectations on first quarter financial results. Salesforce reported $3.01 billion in revenue versus the $2.95 billion expected, which represented a 25 percent rise year-over-year. Salesforce also issued strong second quarter revenue guidance, but reported EPS of 74 cents which was not immediately comparable to the previous forecast.
HP stock wobbled before settling up 0.33 percent in extended trading. The hardware technology company reported EPS of 48 cents, which fell in line with projections, and surpassed expectations on revenue, reporting $14 billion versus the $13.57 billion expected. HP also issued third quarter guidance at the low end of analyst projections and strengthened full-year revenue guidance.
Marchex shares tumbled nearly 4 percent in after hours trading, after the mobile advertising analytics company weakened its second-quarter guidance.
"Media marketplace budget allocation changes from a few of our customers have caused us to revise our revenue outlook for the second quarter," CFO Mike Arends said in a statement. "Our focus remains on building a strong pipeline of opportunities...These are not yet at the scale where they can offset media marketplace budget shifts and/or reductions."