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
Among the many ways Trump has shattered White House norms, his impulsive public communications rank among the most consequential. By inspiring investors or spooking them, his...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
CNEX, backed by Microsoft and Dell, filed new allegations in a Texas suit accusing China's Huawei and an executive of trade secrets theft.Technologyread more
With Amazon and Walmart facing regulatory hurdles in India, Reliance's Mukesh Ambani isTechnologyread more
Japan's Panasonic said on Thursday it has stopped shipments of certain components to Huawei Technologies to comply with U.S. restrictions on the Chinese company.Technologyread more
Treasury Secretary Steven Mnuchin told CNBC on Wednesday that a trip to Beijing to resume trade negotiations has not been scheduled yet, reducing hopes of a speedy resolution...Asia Marketsread more
Research analyst Adam Jonas, a long-time Tesla bull, said it's extremely unlikely that big tech firms like Apple or Amazon would buy it.Technologyread more
The disclosures come as a federal judge ruled Wednesday that two other banks — Deutsche Bank and Capital One — can give financial documents to Congress, NBC News reports.Politicsread 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
Officials remained firmly committed to a "patient" policy stance at their meeting earlier this month.The Fedread more
Check out the companies making headlines before the bell:
Intel — Shares of Intel were upgraded to "buy" from "neutral" at Bank of America/Merrill Lynch. Merrill also raised its price target on Intel to $60 from $52. "Trading at just 10x PE, the stock provides attractive exposure to growth trends in cloud computing, A.I., advanced autos, and 5G, with potentially improved data center focus," Merrill said.
Netflix — Goldman Sachs added Netflix to its "conviction buy" list, calling it "one of the best risk/reward propositions in the Internet sector." Goldman also said, "We continue to believe Netflix's investment in content, technology and distribution will continue to drive subscriber growth well above consensus expectations both in the U.S. and internationally."
Square — The payments company announced it has hired Amrita Ahuja as its new CFO. Ahuja will start on her new job later this month. Ahuja currently works as the CFO at Blizzard Entertainment, an Activision Blizzard division.
United Technologies — RBC downgraded the Dow member to "sector perform" from "outperform," citing limited upside moving forward. "While there is still an attractive ~15% implied value to be unlocked, the shares could stay range-bound until we approach the mid/late-2020 spin transactions," RBC said in a note.
Skyworks Solutions — Nomura Instinet downgraded Skyworks to "neutral" from "buy" and slashed its price target to $70 a share from $100. "We now see macro/trade uncertainty and weak unit demand at the company's largest customers (Apple, China Inc.) as headwinds to growth" in 2019, Nomura said.
Tesla — The electric car maker said it plans to start delivering the Model 3 to its China customers in March. Tesla shares rose more than 2 percent in the premarket.
Regeneron — The pharmaceutical company's stock was upgraded to buy from neutral at Guggenheim Partners. An analyst at Guggenheim said worries about competition around Eylea — one of its best-selling treatments — may be overstated.
—CNBC's Michael Bloom contributed to this report.