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
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
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
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
Amazon responded this morning to Democratic Congresswoman Alexandria Ocasio-Cortez's claim that it pays warehouse workers "starvation wages" in a tweet that says it pays...Technologyread 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
Check out the companies making headlines after the bell:
Tesla shares soared as much as 13 percent during after-hours trading as the company beat analysts estimates on earnings and revenue in its third-quarter results. Adjusted earnings per share were $2.90 a share, while analysts predicted a loss of 19 cents a share. In revenue, the company beat the prediction of $6.33 billion, coming in at $6.82 billion.
Advanced Micro Devices shares plummeted 22 percent after hours as the company released weak fourth quarter guidance and missed on revenue. The company reported a revenue of $1.65 billion, missing analysts' estimates of $1.7 billion. In the fourth quarter, the company expects revenue to be $1.45 billion, while analysts predicted $1.6 billion.
Ford shares rose 6 percent after hours as the company exceeded expectations on earnings and revenue in the third quarter. The company reported earnings of 29 cents a share, while analysts expected 28 cents a share. The company beat on revenue, reporting $34.66 billion while it was predicted to earn $33.3 billion.
Whirlpool shares increased as much as 10 percent after hours as the company beat expectations on earnings but barely missed on revenue. The company reported earnings of $4.55 a share, while analysts predicted $3.76 a share. In revenue, analysts expected $5.34 billion but the company reported $5.33 billion. The full year guidance for earnings per share is also above estimates, predicted to be in the range of $14.50 to $14.80 a share.
Microsoft shares rose 3 percent after hours as the company beat its earnings estimates for its first quarter. The company reported $29.08 billion in revenue, beating analysts' estimates of $27.90 billion. For earnings per share, the company earned $1.14 a share, while analysts expected 96 cents a share.