Google has suspended business activity involving the transfer of hardware, software and key technical services with Huawei. Analysts say that could be a big blow to the...Technologyread more
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
Bank, property and healthcare stocks jumped, pushing Australian markets to a 11-year high, as Scott Morrison and the Liberal-led conservation government are poised for a...World Marketsread 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 mixed on Monday amid a series of geopolitical developments across the region.Asia Marketsread more
Check out the companies making headlines midday Monday:
Caterpillar — Caterpillar shares fell more than 9 percent and posted their worst day since 2011. The drop came after the company reported weaker-than-expected earnings for the fourth quarter amid weak demand in China.
Nvidia — The chipmaker's stock fell 13.8 percent after the company slashed its fourth-quarter revenue forecast to $2.2 billion from $2.7 billion. Nvidia cited a deterioration in macroeconomic conditions, "particularly in China," for the cut.
Vale S.A. — Shares of the Brazilian mining company plummeted 18 percent as the death toll from a dam owned by the company grew to 60. The collapse led several analysts to downgrade the stock as penalties and fines begin to mount.
Guess — Guess fell 14.6 percent after announcing that CEO Victor Herrero would be leaving the company, effective Feb. 2. He will be replaced by Carlos Alberini, the head of jeans maker Lucky Brand.
Grubhub — Credit Suisse upgraded Grubhub to outperform from neutral and hiked its price target on the stock to $130 from $125 per share, implying a 60 percent upside. We have "increased comfort around return on invested capital on recent initiatives, which we believe are accretive, opportunistic, and conducted from a position of strength," Credit Suisse said. Grubhub rose 0.3 percent.
AK Steel — AK Steel fell 3.57 percent after Morgan Stanley downgraded the company's stock to equal weight from overweight. In a note to clients, they said: "Auto OEMs likely gained an upper hand in 2019 negotiations (in 4Q18) with US auto SAAR peaking, new auto steel sheet supply announcements, and aluminum continuing to gain share."
PG&E — The embattled California utility company rose 2 percent after Bloomberg News reported that a group of investors offered a plan for the company to avoid bankruptcy.