SoftBank founder Masayoshi Son speaks in futuristic terms about his company, but the success of his late-stage VC fund is still unknown.Technologyread more
Trump's threat, posted on Twitter, comes amid rising international tensions in the Middle East as the U.S. has dispatched a carrier strike group and bomber task force to the...Politicsread more
Reports of Tesla vehicles spontaneously catching fire could make customers wary of EVs just as the industry ramps up production plans.Autosread more
Amazon's large and flashy investments stand out from those of its tech peers over the past year.Technologyread more
Huawei Technologies will immediately lose access to updates to the Android operating system, a source close the matter told Reuters.Technologyread more
Robert Smith announced that he and his family would set up a grant to pay off the nearly 400 graduating seniors' student loans. The total gift is estimated at $40 million.Educationread more
Trump's relationships with Deutsche Bank have drawn scrutiny in Congress and elsewhere. Trump sued the bank last month to prevent it from complying with Congressional...Financeread more
Consumer IPOs from Snap to Uber have been disappointing and serve as a reminder that private investors are making all the money.Technologyread more
China's currency has been an important barometer for progress in U.S.-Chinese trade talks, and right now it's signaling things aren't going well.Market Insiderread more
The outrage has even inspired a Change.org petition called "Remake Game of Thrones Season 8 with competent writers," with over half-a-million signatories and climbing.Entertainmentread more
The move comes after star runner Alysia Montaño's May 12 op-ed in the New York Times in which she detailed her experiences with Nike.Retailread more
Check out the companies making headlines after the bell:
Amazon shares fell as much as 9 percent in after-hours trading after the company released a mixed third-quarter earnings report. The tech giant reported earnings of $5.75 per share, much higher than the $3.14 per share analysts expected. However, the company missed on revenue, reporting $56.58 billion compared to the Street's $57.10 billion estimate.
Amazon also gave weak revenue guidance for the fourth quarter, which includes the crucial holiday shopping season. The company expects revenue between $66.5 billion and $72.5 billion, while analysts estimated $73.89 billion.
Alphabet stock fell nearly 5 percent in the extended session after the company released a quarterly earnings report that missed revenue expectations. Google's parent company reported earnings of $13.06 per share, while Wall Street expected $10.42 per share. The company reported $33.74 billion in revenue for the third quarter, lower than the $34.04 billion analysts estimated.
AK Steel stock dropped more than 15 percent in after-hours trading after the company reported third-quarter earnings numbers that missed expectations. The company reported earnings of 21 cents per share, while analysts had estimated 23 cents per share. The company reported $1.74 billion in revenue for the quarter compared to the $1.81 billion Wall Street expected.
Expedia shares soared as much as 9 percent in after-hours trading after the travel company reported third-quarter earnings that beat profit estimates. The company reported earnings of $3.65 per share, while Wall Street estimated $3.12 per share. Expedia missed revenue expectations, however, reporting $3.28 billion for the third quarter compared to the $3.3 billion analysts estimated.
Western Digital stock fell as much as 9 percent in the extended session after reporting quarterly results that missed revenue expectations. The hard drive manufacturer reported earnings of $3.04 per share for the third quarter, in line with analysts' expectations. Revenues were $5.03 billion for the third quarter, lower than the $5.14 billion Wall Street estimated.
Snap stock jumped 8 percent in the extended session, before later paring those gains, after the company reported earnings numbers that beat on the top and bottom lines. For the third quarter, the company reported a loss of 12 cents per share, while analysts had expected a loss of 14 cents per share. Snap reported $298 million in revenue, compared to the $283 million Wall Street estimated.
Snap's namesake photo-sharing app, Snapchat, had 186 million daily active users during the third quarter, down 1 percent from the previous quarter.
Intel shares rose as much as 6 percent in after-hours trading following the release of a better-than-expected earnings report. The company reported earnings of $1.40 per share for the third quarter, compared to the $1.15 per share analysts estimated. Revenue came in at $19.16 billion, while Wall Street expected $18.11 billion.
The company also gave strong guidance for revenue and earnings per share for the fourth quarter.
Chipotle Mexican Grill shares dipped 2 percent in after-hours trading despite meeting expectations in its quarterly earnings report. The stock later erased its losses and traded up as much as 3 percent. The company reported earnings of $2.16 per share, higher than the Street's estimate of $2 per share. Revenue came in at $1.23 billion for the quarter, in line with expectations.
Same-store sales grew 4.4 percent, while analysts had estimated a 5 percent rise.