U.S. Secretary of State Mike Pompeo says Huawei CFO Meng Wanzhou, who is under house arrest in Canada and facing extradition to America, is not a bargaining chip in the trade...Technologyread more
Arturo Estrella has a message for recession naysayers: It could hit sooner than you think.Marketsread more
Local governments commonly share single service providers, making many vulnerable at once. On top of this, ransomware has often been used to mask more targeted, malicious...Technologyread more
Fed Chairman Jerome Powell faces the tough challenge of presenting a unified voice on Fed policy from the most divided Fed in years.Market Insiderread more
Meanwhile, investors look ahead to Fed Chair Jerome Powell's speech at a yearly central banking symposium in Jackson Hole, Wyoming.Asia Marketsread more
The office has long been a breeding ground for budding romances. But actively going into business with your other half is another thing entirely.Successread more
Salesforce released its first earnings report since its $15.3 billion acquisition of Tableau Software, the company's largest deal ever.Technologyread more
Kudlow also confirmed to CNBC that he supported a tax cut proposal floated earlier Thursday by Sen. Rick Scott, R-Fla.Politicsread more
VMware is following through on its proposal to buy Pivotal, a fellow Dell subsidiary, and expanding into cybersecurity with the acquisition of Carbon Black.Technologyread more
Google says it shut down hundreds of YouTube channels tied to misinformation around the Hong Kong protests.Technologyread more
It is a rare scenario where long-term interest rates suddenly fall below short-term interest rates.Real Estateread more
Check out the companies making headlines before the bell:
Sonos — The wireless speaker maker's stock dropped more than 12 percent after releasing its first quarterly earnings report as a public company. Sonos posted a loss of 45 cents a share on revenue of $208.4 million. In a statement, the company said its revenue fell 6 percent year-over-year.
Tesla — Tesla shares fell 2 percent in the premarket after Nomura analyst Romit Shah said the stock is "no longer investable. " Shah, who downgraded Tesla to "neutral" from "buy," said that "notwithstanding improving fundamentals, we believe that Tesla is in need of better leadership."
Nike — Nike gained 0.6 percent before the bell after an analyst at Canaccord Genuity upgraded the stock to "buy" from "hold." The analyst also hiked his price target to $95 per share from $78 a share. Canaccord added that Nike's ad featuring former San Francisco 49ers quarterback Colin Kaepernick "a stroke of genius."
Travelers Cos. — The insurance giant's stock was headed for a fourth straight day of losses as Hurricane Florence approaches the Carolinas as a Category 4 storm. Shares of home improvement companies Home Depot and Lowe's, meanwhile, rose in the premarket.
Apple — UBS raised its price target on Apple shares to $250 from $215 citing the company's "recurring hardware revenue stream" from its iPhones. Analysts at the bank also said revenue for Apple's services segment could grow 20 percent on a year-over-year basis for the next two years. Apple close at $218.33 on Monday.
Snap —Snap shares rose 2.3 percent in the premarket after Wedbush Securities upgraded them to "outperform" from "neutral," and hiked its price target to $12.25 a share from $11.50 a share. The analysts noted that recent management changes, including hiring new CFO Tim Stone, "suggest the potential for a shift in strategy" for the embattled company.
Amazon — Analysts at Deutsche Bank said in a note that Amazon's acquisition of online pharmacy PillPack could accelerate the company's move into the health-care space. "We believe it is a question of when and where – and not if – Amazon enters the healthcare space more forcefully," the analysts said in a note.