While earnings usually come in substantially ahead of expectations — as much as 4 or 5 percentage points is not unusual — the downward direction in the outlook doesn't speak...Earningsread more
"We do not seek conflict with Iran or any other country," Trump tells reporters in the Oval Office.Politicsread more
Shopify debuts a new network to help it compete with Amazon.Marketsread more
"We missed being the dominant mobile operating system by a very tiny amount. We were distracted during our antitrust trial. We didn't assign the best people to do the work,"...Technologyread more
Sen. Bernie Sanders announced a plan Monday to forgive the country's $1.6 trillion outstanding student loan tab, intensifying the higher education policy debate in the 2020...Personal Financeread more
The strong dollar story could be over for now, and that's putting a shine on the 'anti-dollar' trade—gold.Market Insiderread more
"I believe it would be wise to take additional time and allow events to unfold" before deciding on rates, the Dallas Fed official said in an essay.The Fedread more
Stocks with this one feature are poised to crush the market after a rate cut, according to Goldman Sachs.Marketsread more
An Air Canada passenger traveling to Toronto from a weekend in Quebec City found herself stranded alone on the tarmac and in the dark, in what she described as a "nightmare."Airlinesread more
The new cut will likely draw thousands back to theaters and could finally push "Avengers: Endgame" above and beyond the record $2.78 billion "Avatar" has earned since its...Entertainmentread more
Donald Trump and Xi Jinping are expected to meet at this week's G-20 summit in Japan and the stakes for Wall Street are high.Marketsread more
Check out the companies making headlines after the bell:
Tesla's stock rose more than 3 percent during after-hours trading after a CNBC report that the Tesla board plans to tell Elon Musk to recuse himself from a board review of his proposal to take the company private. Sources familiar with the matter said the electric car maker's board of directors plans to meet with financial advisors next week to explore a buyout, an idea that Musk announced on Twitter earlier this week. The board has already told Musk that he needs his own advisors.
Overstock shares skyrocketed as much as 21 percent in the extended session after the company announced that private equity firm GSR Capital will buy up to 3.1 million shares of its stock as part of a larger deal. The Hong Kong-based firm will invest up to $374.55 million in both Overstock and its blockchain subsidiary tZero. It also will buy $30 million of tZero's tokens from Overstock.
Dropbox's stock plummeted more than 7 percent in the extended session after the the company announced that its COO Dennis Woodside is stepping down. Dropbox is not naming Woodside's successor, but will promote two executives internally.
News of Woodside's departure eclipsed the company's strong second-quarter results. Dropbox earned 11 cents per share for the quarter, up 5 cents from Wall Street estimates of 6 cents per share. It also beat revenue estimates, reporting $339 million in revenues versus the $331 million expected by analysts.
Lions Gate shares climbed 5 percent during after-hours trading following an earnings and revenue beat for its second quarter, but the company's stock later gave up those gains. The entertainment company reported a smaller-than-expected loss of 4 cents per share, versus the 7 cents per share loss expected by Wall Street. It also beat estimates for revenue, reporting $933 million in sales against the $885 million estimated by analysts.
Universal Display Corporation's stock soared more than 8 percent in the extended session after the release of its second quarter results. The lighting and display company beat top and bottom line estimates, reporting earnings of 23 cents per share and revenues of $56.1 million. Wall Street estimated that Universal Display would report 15 cents per share and revenues of $49.6 million.