The fallout from the U.S. crackdown on Huawei intensified this week, as trade negotiations between Washington and Beijing reportedly hit a roadblock.Asia Marketsread more
The issue of corporate debt has surfaced as companies continue to use the low rates the Fed has provided to lever up their balance sheets.The Fedread more
The U.S. government on Monday temporarily eased some trade restrictions imposed recently on China's Huawei, a move that sought to minimize disruption for the telecom company's...Technologyread more
Google has decided to stop licensing its Android operating system to Huawei, in order to comply with a U.S. trade blacklist.Technologyread more
Most U.S. hedge funds aren't expecting another big stock market sell-off as more firms curb bets on volatility, according to Nomura.Marketsread more
Mall owners are increasingly building out food halls with local chef-driven eateries, sushi bars and premium coffee shops.Retailread more
While Trump's lawyers had argued that the committee's subpoena did not have a legitimate legislative purpose — and was therefore invalid — Mehta took a broader view.Politicsread more
See which stocks are posting big moves after the bell on Monday, May 20.Market Insiderread more
Silicon Valley argues that Wall Street focuses too much on near-term profits — but investors have embraced money-losing biotech IPOs.Marketsread more
Iran has quadrupled its output of nuclear material amid rising tension with the U.S. and dangerous escalations in the Middle East.Energyread more
The announcement comes amid a wave of store closures across the country this year.Retailread 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.