The Fed is expected to cut rates multiple times, but the reason behind those cuts could have vastly different implications for the market.Marketsread more
It's about time to write off high-growth tech stocks, Goldman warns, saying software carries the highest multiples since the tech bubble.Marketsread more
Iran will surpass the internationally agreed levels of its low-enriched uranium levels in 10 days, the country's atomic energy body said Monday.Politicsread more
"This is going to be the biggest thing that's happened to Facebook in years," says CNBC's Jim Cramer. "It will be vital."Investingread more
Boeing says the airline industry will need 44,000 new commercial airplanes by 2038. The market value of those planes would reach $6.8 trillion, up from $6.49 trillion...Airlinesread more
Apple is reportedly building three new iPhones for 2020, including two with 5G. It may also slightly change the screen sizes of the new iPhones.Technologyread more
Sotheby's announces it has signed an agreement to be acquired by BidFair USA, a venture owned by art collector Patrick Drahi.Marketsread more
Overall, extortion by email is growing significantly, according to the FBI's Internet Crime Compliant Center (IC3). Last year, these complaints rose 242% to 51,146 reported...Technologyread more
In a 7-2 ruling, over dissents from Justices Ruth Bader Ginsburg and Neil Gorsuch, the justices affirmed the so-called "dual sovereignty" exception to the Constitution's...Politicsread more
The chipmaker crush could persist and investors should be selective, but Nvidia looks like a clear buy, one market watcher says.Trading Nationread more
Target's nationwide cash register meltdown over the weekend created more than $16 million in buzz on the internet from news reports and other social media mentions, according...Retailread more
Check out the companies making headlines after the bell:
Shares of Whirlpool fell nearly 7 percent Monday after missing on fourth-quarter revenue and giving weak full-year earnings guidance. The home appliance company posted mixed earnings with $5.66 billion in revenue, compared to the $5.76 billion estimated by Wall Street. Earnings per share were $4.75, beating the expected $4.23.
AK Steel shares jumped more than 10 percent after hours, earning back its loses from the trading session. The stock was downgraded by Morgan Stanley earlier on Monday causing it to close down more than 3.5 percent. The steelmaker reported $1.68 billion in quarterly revenue, missing estimates of $1.70 billion. Earnings per share were 16 cents vs. the expected 11 cents. The company is down more than 48 percent over the last six months.
Shares of Sanmina surged more than 22 percent after market close Monday based on an earnings beat and strong second-quarter guidance. The electronics manufacturer posted $2.19 billion in revenue vs. the $1.90 billion estimated. Earnings per share were 83 cents, beating estimates by 12 cents.
Sanmina also announced that its chief financial officer, David Anderson, plans to retire after 17 years with the company.