China has other "weapons" in its trade battle with the United States — and selling off its U.S. Treasury holdings will not be one of them, said Richard McGregor, senior fellow...China Economyread more
Deutsche Bank Wealth Management's global chief investment officer predicted the Federal Reserve will cut interest rates twice in the next 12 months, but chances of a four-time...US Economyread more
Google's services have been blocked in China for several years, but the company still has businesses there, as the tech giant seeks to sell products to Chinese firms in...Technologyread more
Andrew Gillan of Janus Henderson Investors says he likes markets in the Philippines and Indonesia, and explains why it's difficult to invest in Vietnam despite its...Investingread more
Netflix can sustain its lofty valuation only if global subscriber growth can support increasing content spending and debt.Technologyread more
Germany online bank N26 said it raised a huge $170 million in additional funding, valuing the six-year-old fintech start-up at $3.5 billion.Technologyread more
Stocks in Asia traded lower on Thursday afternoon. Australia's jobs data showed the net number of jobs created was far below expectations.Asia Marketsread more
The House voted to table a resolution to start impeachment proceedings against President Donald Trump introduced by Rep. Al Green.Politicsread more
A photo editing app has introduced a few new wrinkles to the faces of celebrities — and to the ongoing discussion around personal digital security, NBC reports.Technologyread more
Property price gains across the wider U.K. have been slowing since 2016, according to the U.K.'s Office for National Statistics.Real Estateread more
The International Monetary Fund on Wednesday said that the U.S. dollar was overvalued by 6% to 12%, based on near-term economic fundamentals, while the euro, Japan's yen and...World Economyread more
Check out the companies making headlines after the bell:
American Outdoor Brands shares skyrocketed 20 percent in the extended session after a first-quarter earnings beat. The Smith & Wesson parent company earned 21 cents per share for the quarter, up 9 cents from Wall Street's expectations of 12 cents per share. It also beat estimates on sales, reporting $138.8 million in revenues versus the $134.5 million expected by analysts.
The company also issued a strong earnings forecast of 11 to 15 cents per share for its second quarter, beating Wall Street's estimates of 8 cents per share.
Lululemon's stock rose more than 7 percent during after-hours trading following the release of strong quarterly results. The athletic apparel retailer earned 71 cents per share, 22 cents higher than Wall Street estimates of 49 cents per share. It also reported revenues of $724 million versus analysts' estimates of $668 million.
Additionally, the Vancouver-based company beat estimates for comparable sales, reporting an increase of 20 percent versus analysts' estimates of 9.6 percent.
Ulta Beauty shares dropped more than 4 percent in the extended session after issuing weak guidance and missing analysts' estimates for comps. Wall Street expected the company to report comparable sales to increase by 6.9 percent, but Ulta reported an increase of only 6.5 percent.
The beauty chain earned $2.46 per share, beating Wall Street estimates of $2.41. Its revenues of $1.49 billion for the quarter were in line with analysts' expectations.
Ambarella's stock plunged more than 14 percent during after-hours trading after issuing weak revenue guidance for the next quarter. The semiconductor designer said it expects sales to reach $55.5 million to $58.5 million, while Wall Street expected a forecast of $73.4 million in sales.