A Ministry of Commerce spokesperson did not mention any U.S. actions specifically, but it's been a tense couple of weeks for the trade negotiations.World Politicsread more
U.S. stock index futures were lower Thursday morning, as market participants continue to monitor an intensifying trade war between the world's two largest economies.US Marketsread more
British Prime Minister Theresa May could announce her resignation in the next few days, according to U.K. media reports, as she faces increasing pressure from members of her...Europe Politicsread more
A federal judge in New York City on Wednesday said Deutsche Bank and Capital One can turn over financial documents related to President Donald Trump and his businesses in...Politicsread more
Chinese government-aligned experts are stressing that the U.S. will need to negotiate a trade agreement with Asia's largest economy.China Economyread more
Escalating trade tensions have hit emerging markets hard this month. With the trade war still a looming fear for markets, Miller Tabak equity strategist Matt Maley is making a...Trading Nationread more
Richard Yu, CEO of Huawei's consumer business, said Huawei's own operating system for smartphones and laptops could be ready for use in China by fall this year.Technologyread more
Shares of L Brands, the owner of Victoria's Secret and Bath & Body Works, rose nearly 11% in aftermarket trading Wednesday after the company reported it beat revenue and...Retailread more
Shares of Chinese telecommunications heavyweight Huawei's suppliers took a hit on Thursday amid the ongoing fallout surrounding the Chinese telecommunications giant.Asia Marketsread more
Lawmakers, lobbyists and CEOs in the U.S. are looking to trying to pick out the best parts of the EU's privacy law called GDPR – and ditch what they see as the worst.Technologyread more
Indian Prime Minister Modi is on course to return to power for a second term after his party reportedly won big at the parliamentary elections.Electionsread more
Check out the companies making headlines before the bell:
Costco – Costco reported adjusted quarterly profit of $1.61 per share, one cent shy of estimates, although revenue did beat forecasts. Costco's same-store sales were higher by 8.8 percent during the quarter, matching forecasts.
Adobe Systems – Adobe earned an adjusted $1.90 per share for its latest quarter, beating estimates by two cents, while the software maker's revenue was slightly above Street forecasts. The maker of popular software like Photoshop and Acrobat also raised its revenue forecast for the full year.
Starbucks – Starbucks shares are under pressure after its announcement that same-store sales growth would remain steady at between three to four percent annually over the long term, even as it expands delivery options and nearly doubles stores in China.
Belmond – Belmond agreed to be bought by French luxury goods maker LVMH for $3.2 billion including assumed debt, or $25 per share for the Bermuda-based luxury hotel operator.
Regeneron Pharmaceuticals – The stock was upgraded to "buy" from "neutral" and added to the "Conviction Buy" list at Goldman Sachs. Goldman said the drug maker has a robust product pipeline, and that any negatives involving the long term market for its eye drug Eylea are already priced in.
Apple – Apple will push software updates to users in China, in a bid to avoid the impact of a court ban on some of its iPhone models in that country. That ban stemmed from alleged infringement of patents held by chipmaker Qualcomm.
Ford, General Motors – Ford and General Motors were rated "buy" in new coverage at Deutsche Bank, which said industry headwinds have prompted deep restructuring and could prompt further collaboration and even consolidation.
Tesla – Tesla was rated "outperform" in new coverage at Wedbush, which said the automaker has revolutionized consumer buying habits and has an impressive product roadmap. Separately, Tesla announced a price cut for its Model S and Model 3 cars in China, after Beijing suspended additional tariffs on US-made cars.
Cisco Systems – The networking equipment maker was downgraded to "buy" from "neutral" at Nomura/Instinet, which thinks IT spending strength may diminish in 2019.
Procter & Gamble – The consumer products giant's stock was upgraded for a second straight day, this time by Morgan Stanley. The firm said P&G's gross margins are improving, and revenue and earnings are growing faster than those of its peers.
Facebook – Facebook is planning a further push into video, with Recode reporting that it would like to sell consumers subscriptions to cable TV networks like HBO.
Walgreens Boots Alliance – Goldman Sachs downgraded the stock to "sell" from "neutral", saying challenges in the retail pharmacy business have intensified and that other initiatives will not produce enough revenue to offset a declining core business.