The FAA administrator's comments come on the eve of his visit to Boeing facilities outside Seattle. While there, he's scheduled to meet with Boeing executives and be briefed...Airlinesread more
CBS, CNN and other major media companies are starting to pull e-cigarette advertising off their airways, as the death toll from a mysterious vaping-related illness continues...Health and Scienceread more
Investors largely expected the FOMC to cut rates by a quarter point.The Fedread more
Investors bought bank stocks because there's a chance the Federal Reserve's interest rate cut may "put an end to this artificially inverted yield curve," Jim Cramer says.Mad Money with Jim Cramerread more
AT&T is considering selling DirecTV, according to a report in the Wall Street Journal.Technologyread more
The Facebook CEO will talk to policymakers "about future internet regulation," according to a spokesperson.Technologyread more
As the Fed was meeting to consider cutting interest rates, it lost control of the very benchmark rate that it manages.Market Insiderread more
Disney CEO Bob Iger writes in his autobiography that he believes he would have discussed combining Disney with Apple had Steve Jobs lived.Technologyread more
The decision to cut rates followed a monthslong pressure campaign by Trump, who often criticized Chairman Jerome Powell by name as he called for lower interest rates.Politicsread more
Microsoft shares rose 1% after hours as it announced plans to raise its dividend and authorized as much as $40 billion to buy back shares.Technologyread more
The Fed cut interest rates by a quarter point, but it also reaffirmed its rate cut was meant to serve as insurance for the economy.Market Insiderread more
Check out the companies making headlines after the bell:
Nvidia shares plummeted as much as 16 percent during after-hours trading Thursday after the company missed on revenue. The chipmaker reported $3.18 billion in revenue versus $3.24 billion as expected by analysts in the third quarter. Nvidia's fourth-quarter revenue guidance also fell short of expectations, at $2.70 billion. Nvidia reported earnings of $1.84 per share, excluding certain items.
PG&E shares rose up to 37 percent in after hours trading Thursday, a sharp increase for the stock, which has lost more than half its value this week. State regulators are investigating whether the utility company's equipment was responsible for starting the California wildfires.
Sonos shares rose over 18 percent after the close. The electronics maker reported $272.9 million in revenue, beating analysts' expected $248.6 million. The company also reported strong revenue guidance.
Nordstrom shares fell as much as 11 percent during after-hours trading. The retailer reported quarterly earnings of 39 cents a share, missing analysts' expectations of 66 cents a share. However, the company beat expectations on revenue, reporting $3.75 billion versus an estimate of $3.69 billion. Nordstrom also said it took a one-time, $72 million charge to refund customers who were mistakenly charged higher interest rates on store credit cards.
Applied Materials shares fell more than 8 percent in after-hours trading after reporting earnings. The chipmaker met analysts' expectations of 97 cents per share and narrowly beat revenue expectations, reporting $4.01 billion. Analysts had expected $4.00 billion. However, the company reported very weak revenue and earnings per share guidance.
Williams-Sonoma shares dropped as much as 14 percent after the company missed on revenue, reporting $1.36 billion. Analysts had expected $1.37 billion. The kitchenware retailer narrowly beat on earnings per share, reporting 95 cents per share versus an estimate of 94 cents.