Organizers claimed that nearly 2 million Hong Kong protesters took to the streets Sunday in a rally to demand the city's top official resign a day after she suspended — but...China Politicsread more
Heavy rains caused unprecedented delays in planting this year and contributed to record floods across the central United States.Agricultureread more
Stocks in Asia traded mixed on Monday as investors await a U.S. Federal Reserve meeting set to happen later in the week stateside.Asia Marketsread more
Although Cook did not mention companies by name, his commencement speech in Silicon Valley's backyard mentioned data breaches, privacy violations, and even made reference to...Technologyread more
In the survey, 66% of Democratic primary voters say they'd be enthusiastic or comfortable about Biden as their nominee to take on President Trump in the 2020 election. Just...Politicsread more
U.S. ambassador to Israel David Friedman called the gesture a "birthday present" to Trump, who turned 73 on Friday.Politicsread more
The outlook for Germany's economy and political stability are more uncertain than ever, writes Michael Ivanovitch.World Economyread more
Hong Kong democracy activist Joshua Wong walked free from prison on Monday after serving nearly five weeks for contempt of court, pledging to join a mass protest movement...China Politicsread more
The agreement, which is on the framework for the plan of adjustment, provide for more than a 60% average haircut for all $35 billion, a 36% haircut on pre-2012 general...Bondsread more
Target's registers were down on Saturday for several hours preventing customers from checking out.Retailread more
The newspaper wrote that Goldman's executive are hoping CEO David Solomon's changes to a firm that historically thrived in investment banking and trading will boost its...US Marketsread more
Check out the companies making headlines after the bell:
Apple shares jumped more than 6 percent after the bell following an earnings beat on Tuesday. The company earned $84.31 billion in revenue, which beat estimates of $83.97 billion. Earnings per share were $4.18, compared to the $4.17 expected on the Street. The company reported second-quarter guidance, estimating $55- $59 billion in revenue, vs. the $58.83 billion expected by analysts. iPhone revenue came in just slightly below projections at $51.98 billion.
Amgen shares tumbled as much as 3 percent after reporting weak 2019 guidance Tuesday. The biotech company said it expects adjusted 2019 earnings per share between $13.10 and $14.30. That range is well below Wall Street projections for full-year earnings of $14.61 per share, according to a Refinitiv consensus estimate. 2019 revenue is expected to be between $21.8 billion and $22.9 billion, vs. Wall Street's estimates of $22.91 billion. This guidance is also below the company's 2018 revenue, which was $23.75 billion.
The company's weak guidance overshadowed their better-than-expected fourth-quarter earnings. They posted $6.23 billion in revenue, vs. the $5.84 billion expected by analysts. Adjusted earnings per share were $3.42, vs. the $3.27 forecast by the Street.
Shares of AMD surged more than 10 percent after hours after reporting earnings. The semiconductor company posted earnings in line with expectations but missed on revenue, earning $1.42 billion, vs. the $1.44 billion analysts predicted. Earnings per share matched estimates at 8 cents. The company posted weak first-quarter revenue guidance: $1.25 billion, compared to the estimated $1.47 billion. AMD President and CEO Lisa Su said she expects strong sales growth in 2019.
Shares of Align Technology fell as much as 14 percent in after hours trading despite better-than-expected earnings. The orthodontics company gave weak first-quarter guidance, estimating earnings of 78 cents - 84 cents per share, vs. the $1.18 estimated by analysts. The company beat on the top and bottom lines, reporting $534 million in revenue, vs. the $513 million estimated by analysts. Earnings per share were $1.20, which beat expectation by 5 cents. The stock has gained back more than half of its initial loses after hours.
Shares of eBay rose slightly after market close based on strong fourth-quarter earnings and strong first-quarter earnings outlook. The e-commerce company posted $2.88 billion in revenue, which beat estimates of $2.86 billion. Earnings per share were 71 cents, slightly higher than the 68 cents forecast by analysts.