SoftBank founder Masayoshi Son speaks in futuristic terms about his company, but the success of his late-stage VC fund is still unknown.Technologyread more
Reports of Tesla vehicles spontaneously catching fire could make customers wary of EVs just as the industry ramps up production plans.Autosread more
Amazon's large and flashy investments stand out from those of its tech peers over the past year.Technologyread more
Huawei Technologies will immediately lose access to updates to the Android operating system, a source close the matter told Reuters.Technologyread more
Trump's relationships with Deutsche Bank have drawn scrutiny in Congress and elsewhere. Trump sued the bank last month to prevent it from complying with Congressional...Financeread more
The 2019 PGA Championship wraps up on Sunday, May 19. Here's how much money the champion will earn.Earnread more
Consumer IPOs from Snap to Uber have been disappointing and serve as a reminder that private investors are making all the money.Technologyread more
China's currency has been an important barometer for progress in U.S.-Chinese trade talks, and right now it's signaling things aren't going well.Market Insiderread more
The move comes after star runner Alysia Montaño's May 12 op-ed in the New York Times in which she detailed her experiences with Nike.Retailread more
The outrage has even inspired a Change.org petition called "Remake Game of Thrones Season 8 with competent writers," with over half-a-million signatories and climbing.Entertainmentread more
While the prolonged fight has been devastating to an already-struggling agriculture industry, there's little indication Trump is paying a political price.Traderead more
Check out the companies making headlines after the bell:
Tesla shares fell nearly 12 percent in after-hours trading following news that the Securities and Exchange Commission has sued CEO Elon Musk for fraud.
The suit is related to Musk's August tweet that stated he was "considering taking Tesla private at $420" and already had "funding secured." The SEC said in the suit that "Musk knew or was reckless in not knowing that each of these statements was false and/or misleading."
Progress Software stock plunged nearly 14 percent in the extended session after the company reported mixed third-quarter earnings numbers. The Massachusetts-based company reported earnings per share of 60 cents, according to Reuters, higher than analysts' estimate of 58 cents per share. However, revenue missed expectations, with the company reporting $95.8 million, Reuters reported, compared to the $97 million expected by analysts.
CalAmp stock jumped more than 7 percent in after-hours trading after the company released its second-quarter earnings report. The technology company reported a earnings per share of 31 cents, according to Reuters, compared to the 28 cents expected by analysts. CalAmp reported $96 million in revenue for the second quarter, per Reuters, higher than analysts' $95.4 million estimate.