The U.S. will likely emerge the winner in a "cold currency war" that is heating up, an expert said.Currenciesread more
These box office numbers do not include the cost of production or marketing costs. They also don't count the billions in merchandising that Disney has made over the last...Entertainmentread more
Tariffs are the only instrument left for addressing China's systematic and excessive surpluses on its U.S. trades, writes Michael Ivanovitch.US Economyread more
In its latest attempt to build market credibility, China on Monday launched the Science and Technology Innovation Board, or "STAR Market," on which 25 companies were listed.China Economyread more
When Cathy Hsu and Tony Hsieh wanted to build an English language app for Chinese children, they decided to follow Facebook and Google's lead.Start-upsread more
Stocks in Asia traded lower on Monday afternoon, as a Nasdaq-style technology board on the Shanghai Stock Exchange marked its debut.Asia Marketsread more
Instagram began tests that hide "like" counts on posts. That means influencers who market products on Instagram will have to rely on different metrics to show success.Technologyread more
Peter Neupert worked for Microsoft and Amazon-backed Drugstore.com, where he got to know Jeff Bezos. He now advises start-ups.Technologyread more
The firing of the tear gas was the latest confrontation between police and protesters who have taken to the streets for over a month to fight a proposed extradition bill and...China Politicsread more
Last week shows that oil prices are not the indicator for Middle East tensions they once were, and worries about global demand and growing U.S. production has changed that...Market Insiderread more
Facebook Vice President David Marcus is the face of the company's Libra digital currency, but the original driving force was a 26-year-old female corporate-development...Technologyread more
Check out which companies are making headlines after the bell on Tuesday:
Netflix surged as much as 15 percent after-hours following third-quarter earnings that blew Wall Street estimates out of the water. The streaming giant said it added 1.09 million subscribers domestically and 5.87 million overseas. Analysts had projected just 673,800 and 4.46 million, respectively, according to FactSet consensus estimates.
The company also posted adjusted earnings per share of 89 cents. That figure also topped the 68 cents projected by analysts, according to a Refinitiv consensus estimate.
IBM fell about 4 percent post market, after the company reported lower-than-expected revenue. The legacy technology company reported adjusted earnings of $3.42 per share on revenue of $18.76 billion. Analysts polled by Refinitiv had expected earnings per share of $3.40 on $19.10 billion in revenue.
United Continental gained about 5 percent after reporting a more than 11 percent jump in revenue. The parent of United Airlines reported adjusted earnings per share of $3.06 on $11 billion in revenue. Wall Street had expected earnings of $3.07 a share on revenue of $10.93 billion, according to Refinitiv consensus estimates.
CSX rose as much as 1 percent after the company posted better-than-expected earnings and revenue. The railroad operator reported adjusted earnings of $1.05 a share on $3.13 billion in revenue. Wall Street had projected earnings of 94 cents a share on revenue of $3.05 billion, according to Refinitiv consensus estimates.