The leaders of Japan and China got off to a tense start but have made significant progress in turning around their relations in recent years.Asia Politicsread more
Tech's hottest IPOs of the year, including Beyond Meat and Zoom, dropped on Monday, falling more than the broader market.Technologyread more
"We do not seek conflict with Iran or any other country," Trump tells reporters in the Oval Office.Politicsread more
Stocks in Asia slipped in Tuesday afternoon trade, while investors looked toward a meeting between U.S. President Donald Trump and Chinese President Xi Jinping set to happen...Asia Marketsread more
Chinese Vice Premier Liu He held a phone conversation with U.S. Trade Representative Robert Lighthizer and U.S. Treasury Secretary Steven Mnuchin, China's Ministry of Commerce...World Economyread more
Sen. Bernie Sanders announced a plan Monday to forgive the country's $1.6 trillion outstanding student loan tab, intensifying the higher education policy debate in the 2020...Personal Financeread more
While earnings usually come in substantially ahead of expectations — as much as 4 or 5 percentage points is not unusual — the downward direction in the outlook doesn't speak...Earningsread more
U.S. President Donald Trump's senior adviser Kellyanne Conway will not testify before the House of Representatives Oversight Committee this week on her alleged violations of...Politicsread more
"We missed being the dominant mobile operating system by a very tiny amount. We were distracted during our antitrust trial. We didn't assign the best people to do the work,"...Technologyread more
PatientsLikeMe was bought by UnitedHealth following a review by Trump's Treasury Department, which scrutinized the start-up because it's backed by Chinese cash.Technologyread more
Some traders think the energy rally is about to wane, despite the sector being one of June's big winners.ETF Edgeread more
Check out the companies making headlines midday Friday:
Netflix — Shares of the video-streaming giant fell 4 percent after issuing weaker-than-expected guidance for the first quarter of 2019. The company also posted lighter-than-expected revenue for the fourth quarter of 2018.
Schlumberger — Schlumberger's stock rose more than 8 percent and posted its biggest one-day gain since 2011. The jump came after the company issued upbeat guidance for 2019. CEO Paal Kibsgaard said in a statement Schlumberger expects "expect a more positive supply- and demand-balance sentiment to lead to a gradual recovery in the price of oil over the course of the year."
American Express — The Dow component fell on the back of disappointing quarterly results before recovering. American Express reported adjusted fourth quarter earnings of $1.74 per share and revenue of $10.47 billion. Analysts polled by Refinitv expected a profit of $1.80 per share and sales of $10.56 billion.
Boeing, Caterpillar — Shares of Boeing and Caterpillar rose 1.6 percent and 2.2 percent, respectively. The rise came after sources told CNBC that China has offered to boost U.S. imports for six years during ongoing trade talks.
Pilgrim's Pride, Sanderson Farms —The chicken producers rose more than 6.5 percent each. An analyst at Mizuho Securities cited the recent thawing in U.S.-China trade talks, noting: "The long-awaited reopening of the China market would be unquestionably good news for US producers as China is by far the largest (and virtually only) market for chicken byproducts (paws and wing tips)."
V.F. Corp. — Shares of V.F. Corp. shot up more than 12 percent after the apparel company posted better-than-expected earnings. The company posted earnings per share of $1.16 percent, topping a $1.10 estimate.
Eli Lilly — Eli Lilly's stock fell 2.2 percent in midday trading after the company announced that a phase 3 study of Lartruvo failed. Lartruvo is a drug that aims to treat cancer.
U.S. Concrete, Vulcan Materials, Eagle Materials, Summit Materials — Construction stocks rose broadly after Reuters reported that President Donald Trump is trying to revive support for an infrastructure plan that would last up to 13 years.
Tesla —The electric car maker's stock dropped nearly 13 percent after the company announced it would cut 7 percent of its workforce. CEO Elon Musk said in an email that Tesla faces a "very difficult" road ahead.