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
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
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
Sotheby's announces it has signed an agreement to be acquired by BidFair USA, a venture owned by art collector Patrick Drahi.Marketsread more
Overall, extortion by email is growing significantly, according to the FBI's Internet Crime Compliant Center (IC3). Last year, these complaints rose 242% to 51,146 reported...Technologyread more
In a 7-2 ruling, over dissents from Justices Ruth Bader Ginsburg and Neil Gorsuch, the justices affirmed the so-called "dual sovereignty" exception to the Constitution's...Politicsread 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 chipmaker crush could persist and investors should be selective, but Nvidia looks like a clear buy, one market watcher says.Trading Nationread 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
Boeing reached a deal with British Airways to provide parts for some of its plane's made by rival manufacturer Airbus, part of Boeing's push to grow its services business.Airlinesread more
Check out the companies making headlines before the bell:
Procter & Gamble – The consumer products giant reported adjusted quarterly profit of $1.12 per share, exceeding estimates by 3 cents a share. Revenue also came in above Street forecasts and the company posted organic sales growth of 4 percent for its fiscal first quarter.
Honeywell – Honeywell earned an adjusted $2.03 per share for the third quarter, 4 cents a share above estimates. Revenue also came in above forecasts, with strong sales in the company's warehouse automation and aerospace businesses.
Ford Motor – The automaker's stock was downgraded to "equal-weight" from "overweight" at Morgan Stanley, which said it's seen limited progress from Ford's restructuring as well as increased risk in a variety of areas.
VF Corp. – The apparel maker topped estimates by 3 cents a share, with adjusted quarterly profit of $1.36 per share. Revenue also came in above expectations. VF was helped by strong demand for its Vans shoes and North Face clothing.
Harley-Davidson – BMO Capital downgraded the motorcycle maker's stock to "market perform" from "outperform," saying it made a "bad call" in a previous upgrade given that expected sales drivers did not materialize.
Amazon.com – Amazon has made a fresh round of visits to candidate cities for its planned second headquarters, according to The Wall Street Journal. The paper said Amazon has visited New York, Newark, Chicago, and others – although the visits don't necessarily mean that those cities are the most likely choices.
Walt Disney – Barclays upgraded Disney to "overweight" from "equal weight," saying the company has a key mix of assets to be successful in a world increasingly focused on "over the top" offerings.
American Express – American Express beat estimates by 11 cents a share, with quarterly profit of $1.88 per share. The financial services giant's revenue also topped forecasts, helped by a boost in credit-card spending.
PayPal – PayPal reported adjusted quarterly profit of 58 cents per share, 4 cents a share above estimates. Revenue for the payment services company also topped forecasts by a slight margin. PayPal saw a 15 percent increase of total active accounts to 254 million.
Apple – Apple was rated "outperform" in new coverage at Wedbush Securities, which set a $310 per share price target and added the stock to its "best ideas" list. Wedbush thinks the Street's consensus on iPhone demand may be too conservative.
Roku – The stock was upgraded to "outperform" from "sector perform" at RBC Capital, which noted the recent correction in the stock price and said the video streaming device maker represents one of the best opportunities in the ad-supported "over the top" programming space.
AIG – AIG said it expected third-quarter catastrophe losses of $1.5 billion to $1.7 billion. The insurer said the losses were largely related to two typhoons in Japan, Hurricane Florence in the U.S., and California mudslides.
DowDupont – DowDupont said it would take a $4.6 billion impairment charge, after an analysis showed its agriculture unit would not meet prior sales and profit projections.
E*Trade Financial – E*Trade board chairman Rodger Lawson told analysts that the online brokerage firm is not for sale, saying its best path to create shareholder value is to continue to execute its business plan.
Skechers – Skechers reported quarterly profit of 58 cents per share, 7 cents a share above estimates. The footwear maker's revenue came in below Street forecasts, but still hit record levels thanks to growth in both domestic and international markets.
Intuitive Surgical – The company earned an adjusted $2.83 per share for its latest quarter, beating the consensus estimate of $2.66 a share. Revenue came in slightly above estimates, helped by increased use of its robotic surgical devices.
Biogen – Biogen was downgraded to "market perform" from "outperform" at Bernstein, which said it is tough to envision material outperformance for the drug maker in 2019.