Representatives from the Chinese side say they think it likely that Chinese President Xi Jinping will attend the G-20 meeting later this month. But in order to reach a trade...China Economyread more
Software engineers straight out of college often make six-figure salaries, not counting equity compensation.Technologyread more
Wall Street, though, is clamoring for a rate cut, with an 85% chance of a move in July and a 61% probability of three reductions by year's end.The Fedread more
A company spokesperson said the outage was the result of a "an internal technology issue" and was not security related.Retailread more
The flattening of the yield curve is exuding a bad omen for the stock market if history is any guide.Marketsread more
Using MIT's living wage calculator, CNBC Make It mapped out the minimum amount a single parent must earn to meet their basic needs without relying on outside help in every...Earnread more
Hong Kong Chief Executive Carrie Lam announced at a press conference on Saturday that a contentious bill to allow extraditions to mainland China has been put on hold.China Politicsread more
Stratolaunch, the world's largest airplane, which flew once, is up for sale, sources familiar told CNBC.Investing in Spaceread more
Transparency is key… or is it? With the first-ever non-transparent, actively managed exchange-traded fund receiving approval from the SEC, "ETF Edge" goes straight to the...ETF Edgeread more
Mired in a crisis over its best-selling 737 Max plane, Boeing could hand the spotlight over to its rival Airbus at the Paris Air Show.Airlinesread more
A new update to the Apple Watch called watchOS 6 will notify you if the environment you're in is too loud and could damage your hearing.Technologyread more
Check out the companies making headlines after the bell:
Yelp's stock jumped more than 11 percent in the extended session after the company reported strong second-quarter results. The San Francisco-based company beat estimates for its top and bottom lines, reporting earnings of 12 cents per share and revenues of $235 million. Wall Street expected it to earn 1 cent per share and report $232 million in revenues for the quarter.
The review website also beat estimates for paying advertiser accounts, reporting 194,000 versus the 181,000 estimated by analysts.
Roku shares rose more than 8 percent during after-hours trading following the release of its second-quarter results. The company earned 0 cents per share, beating Wall Street's expectations of a 15 cents per share loss. Roku reported revenues of $156.8 million, up from analysts' estimates of $141.5 million.
Jack in the Box's stock was up more than 7 percent in the extended session, after the fast-food restaurant beat earnings and revenue estimates for its third quarter. The burger chain earned $1 per share, up 12 cents from Wall Street estimates of 88 cents per share. It also reported revenues of $188 million, while analysts' expected Jack in the Box to report $184.3 million.
E.L.F. Beauty shares dropped more than 10 percent during after-hours trading after the beauty company cut its outlook for full-year revenue growth. It announced that it expects to see revenue growth for 2018 of 6 to 8 percent, versus the 7 percent estimated. The California-based company also provided a wider range for earnings per share for 2018. It now expects to earn between 56 cents per share and 61 cents per share, while it previously said it would earn 59 cents per share to 61 cents per share. Analysts estimate it will earn 60 cents per share for the full year.
Despite cutting its revenue growth outlook and widening its earnings per share range, the company posted an earnings beat. E.L.F. Beauty earned 13 cents per share for its second quarter, 7 cents more than the 6 cents per share estimated by Wall Street. Its revenues of $59 million matched analysts' estimates.