U.S. Secretary of State Mike Pompeo says Huawei CFO Meng Wanzhou, who is under house arrest in Canada and facing extradition to America, is not a bargaining chip in the trade...Technologyread more
Arturo Estrella has a message for recession naysayers: It could hit sooner than you think.Marketsread more
Local governments commonly share single service providers, making many vulnerable at once. On top of this, ransomware has often been used to mask more targeted, malicious...Technologyread more
Fed Chairman Jerome Powell faces the tough challenge of presenting a unified voice on Fed policy from the most divided Fed in years.Market Insiderread more
Meanwhile, investors look ahead to Fed Chair Jerome Powell's speech at a yearly central banking symposium in Jackson Hole, Wyoming.Asia Marketsread more
The office has long been a breeding ground for budding romances. But actively going into business with your other half is another thing entirely.Successread more
Salesforce released its first earnings report since its $15.3 billion acquisition of Tableau Software, the company's largest deal ever.Technologyread more
Kudlow also confirmed to CNBC that he supported a tax cut proposal floated earlier Thursday by Sen. Rick Scott, R-Fla.Politicsread more
VMware is following through on its proposal to buy Pivotal, a fellow Dell subsidiary, and expanding into cybersecurity with the acquisition of Carbon Black.Technologyread more
Google says it shut down hundreds of YouTube channels tied to misinformation around the Hong Kong protests.Technologyread more
It is a rare scenario where long-term interest rates suddenly fall below short-term interest rates.Real Estateread more
Check out the companies making headlines after the bell:
Facebook shares initially fell, then turned positive and rose 2 percent in the extended session after the social media giant released a mixed third-quarter earnings report. The company reported earnings of $1.76 per share, higher than the Street's $1.47 per share estimate.
Facebook missed expectations on revenue, however, reporting $13.73 billion compared to the $13.78 billion estimated by analysts. The company had warned of a revenue slowdown last quarter, partly because of its growing investment in data privacy. Facebook also missed expectations on both daily active users and monthly active users.
Electronic Arts shares fell 6 percent in the extended session despite beating expectations for the quarter. The video game company reported earnings of 83 cents per share compared to the 58 cents per share analysts expected. The company reported revenue of $1.22 billion, while Wall Street estimated $1.18 billion.
However, the company gave future revenue guidance that was below estimates.
Arconic shares rose as much as 10 percent in after-hours trading on Tuesday following a report by Reuters that Apollo Global Management is in advanced talks to acquire the company for $11 billion.
Apollo's offer is around $23 per share, higher than Tuesday's closing price of $19.70 per share.
T-Mobile stock rose 3 percent in after-hours trading following the release of a strong quarterly earnings report. The cellphone carrier reported earnings of 93 cents per share, higher than the 85 cents analysts estimated. Revenue also beat expectations, coming in at $10.84 billion compared to the Street's $10.72 billion estimate.
T-Mobile also added more net subscribers during the quarter than expected.
Yum China shares rose more than 3 percent in the extended session after the company beat earnings estimates for the third quarter. The company, which manages Yum brands like KFC and Pizza Hut in China, reporting earnings of 51 cents per share compared to analysts' estimate of 45 cents per share. The company missed revenue expectations, however, reporting $2.21 billion for the third quarter, while Wall Street expected $2.23 billion.
Same-store sale growth at KFC beat estimates, while Pizza Hut missed estimates.
MGM Resorts shares fell 2 percent in after-hours trading but then turned positive after reporting earnings that beat expectations on the top and bottom lines. The company reported earnings of 24 cents per share, while analysts had expected 19 cents per share. The company reported $3.03 billion in revenue compared to the $2.95 million estimate.
However, U.S. revenues for the casino giant were down from the prior year, and revenue in China also missed analysts' estimates.