It's about time to write off high-growth tech stocks, Goldman warned, saying software carries the highest multiples since the tech bubble.Marketsread more
"That's my view. They'll cut preemptively in June. That is to say Wednesday," says the Grant's Interest Rate Observer newsletter editor.Economyread more
Iran will surpass the internationally agreed levels of its low-enriched uranium levels in 10 days, the country's atomic energy body said Monday.Politicsread more
Boeing said the airline industry will need 44,040 new commercial airplanes by 2038. The market value of those planes would reach $6.8 trillion, up from $6.49 trillion...Airlinesread more
Sotheby's announced Monday that it's signed an agreement to be acquired by BidFair USA, a venture owned by art collector Patrick Drahi.Marketsread more
Apple is reportedly building three new iPhones for 2020, including two with 5G. It may also slightly change the screen sizes of the new iPhones.Technologyread more
Target's nationwide cash register meltdown over the weekend created more than $16 million in buzz on the internet from news reports and other social media mentions, according...Retailread more
The nation's homebuilders reported solid confidence in the housing market in June, but levels dropped slightly due to concerns over trade issues, the high costs of...Real Estateread more
Google CEO Sundar Pichai says while the company will work to remove as much harmful content as possible, it can't remove all of it.Technologyread more
The top court scrapped a ruling from the Oregon Court of Appeals in favor of the same-sex couple. The owners of the bakery, which refused the make the cake due to religious...Politicsread more
The chipmaker crush could persist and investors should be selective, but Nvidia looks like a clear buy, one market watcher says.Trading Nationread more
Check out the companies making headlines after the bell:
Tesla stock dipped 2 percent in the extended session following a tweet by CEO Elon Musk that mocked the Securities and Exchange Commission, just days after the two reached a settlement to drop fraud charges against Musk.
Musk tweeted shortly after the market close on Thursday, "Just want to that the Shortseller Enrichment Commission is doing incredible work. And the name change is so on point!" The SEC declined to comment on the tweet.
Costco shares fell as much as 3 percent in after-hours trading after the company released its fourth-quarter earnings report. The company reported earnings per share of $2.36, in line with analysts' estimates. Costco reported $44.41 billion in revenue, slightly higher than the $44.27 billion expected by analysts.
Smart Global Holdings stock jumped more than 13 percent in the extended session following the release of its fourth-quarter earnings report that beat expectations on the top and bottom lines. The company reported earnings per share of $1.72, according to Reuters, compared to the $1.66 analysts estimated. Revenue came in at $374 million according to Reuters, while analysts expected $369 million in revenue.