Huawei Technologies will immediately lose access to updates to the Android operating system, a source close the matter told Reuters.Technologyread more
Huawei claims it has developed its own operating system for smartphones and laptops for "extenuating circumstances."Technologyread more
Current geopolitical tensions are making it harder and harder for oil-producing nations to make decisions that will help stabilize crude prices, Russian Energy Minister...Oilread more
Oil prices jumped on Monday after Saudi Energy Minister Khalid al-Falih indicated there was a consensus among OPEC and allied oil producers to continue limiting supply.Energyread more
Trump's threat, posted on Twitter, comes amid rising international tensions in the Middle East as the U.S. has dispatched a carrier strike group and bomber task force to the...Politicsread more
Prime Minister Narendra Modi and his Bharatiya Janata Party are set to form the new government again, exit polls from India's month-long parliamentary elections show. But past...Electionsread more
The latest crisis in the uneasy French-German relationship was accelerated by Trump's decision to stop Germany's comfortable and decades-old free-riding on trade and security...Europe Politicsread more
While some fans of the long-running "Game of Thrones" felt satisfied by the show's final bow, others were quick to express their displeasure with how events unfolded.Entertainmentread more
Stocks in Asia were mostly higher on Monday amid rising tensions between the U.S. and China.Asia Marketsread more
Russian Energy Minister Alexander Novak said there were different options available for OPEC and its oil-producing allies in the second half of 2019, including a possible...Oilread more
The Australian Electoral Commission (AEC) on Monday said Morrison's coalition has won 76 seats in Australia's parliament, which is comprised of 151 elected lawmakers.Electionsread more
Check out the companies making headlines after the bell Thursday:
Shares of Intel dropped 7 percent following mixed earnings and weak first-quarter guidance. The semiconductor-maker reported $18.66 billion in revenue, compared to the $19.01 billion estimated by analysts. Earnings per share were $1.28, slightly higher than the $1.22 estimated on the Street. The company issued mixed 2019 guidance.
The report follows one of the best days in a decade for chip stocks. The Semiconductor ETF surged almost 6 percent, led by Xilinix, Teradyne, Lam Research and Texas Instruments, who all beat earnings expectations on Wednesday.
Shares of Starbucks jumped 2 percent after reporting strong fourth-quarter earnings. Quarterly sales were $6.63 billion vs. the $6.49 billion expected by analysts. On an adjusted basis, earnings per share were 68 cents, better than the 65 cents expected by analysts. Same-store sales increased by 4 percent, which beat the 2.8 percent Refinitiv estimate.
Starbucks updated its international growth plans at its investor day in December, which has prompted analysts to be cautious amid the current U.S.-China trade war. The stock is up over 13 percent in the past three months.
Shares of Alaska Air slipped 3 percent despite beating on their bottom line. The airline's quarterly revenue was $2.06 billion, which matched expectations. Earnings per share were 75 cents, beating estimates by 4 cents. Alaska increased its quarterly dividend by 9 percent to 35 cents. Southwest, American, and JetBlue airlines reported earnings earlier in the day, all beating on the bottom line. Alaska is up more than 8 percent year to date.
Shares of Discover Financial Services dropped more than 2 percent following disappointing earnings. The company posted $2.81 billion in quarterly revenue, right in line with Wall Street's estimates. The company earned $2.03 per share, which missed estimates of $2.06.
Shares of E-Trade fell more than 4 percent after the bell Thursday. The company's quarterly revenue was $735 million, which missed estimates of $746 million. Earnings per share were $1.03, which matched analysts estimates.
Shares of Western Digital fell as much as 4 percent after the company reported a 20.7 percent decline in revenue to $4.23 billion, from $5.34 billion. The stock has since recovered some of those losses, but was still trading 2 percent below its closing price.