After Elon Musk touts Tesla solar on Twitter, Walmart sues the electric vehicle and clean energy company over store rooftop panels that ignited.Technologyread more
The bond market has entered a financial twilight zone, and at this point, there doesn't seem to be a smooth way out.Market Insiderread more
Trump said he has "been thinking about payroll taxes for a long time" — and he cautioned that "whether or not we do something now, it's not being done because of recession."Politicsread more
Secretary of State Mike Pompeo privately told business executives and free traders that the trade war could end by the 2020 election and that hurdles to an immediate agreement...2020 Electionsread more
Market bull Jeff Saut told CNBC on Tuesday that the lows are in and the market is headed "much higher."Marketsread more
Home Depot CFO Carol Tome says "consumer confidence is near record high levels" but "consumer demand could be impacted" by lingering U.S.-China trade tensions.Mad Money with Jim Cramerread more
The company's stock seesawed after the markets closed Tuesday, initially swinging up by 4% before falling by about 2%.Retailread more
President Donald Trump believes he has quite the bargaining chip with the European Union.Marketsread more
The United States does not have a defense against hypersonic weapons, which can travel at least five times the speed of sound, or a little more than a mile per second....Defenseread more
See which stocks are posting big moves after the bell.Market Insiderread more
The Federal Reserve has lost control of interest rates as evidenced by the federal funds rate trading higher than any part of the U.S. Treasury yield curve, Jeffrey Gundlach,...Marketsread more
Check out the companies making headlines midday Friday:
Kraft Heinz — Shares of Kraft Heinz plummeted 27.46 percent after the company announced a $15.4 billion write down of its Kraft and Oscar Mayer brands. The company also disclosed a Securities and Exchange Commission subpoena as part of a probe into its accounting policies and cut its dividend.
J.M. Smucker, Dean Foods, Conagra Brands, Kellogg, General Mills — Shares of these consumer products companies were dragged down by Kraft Heinz's sharp decline. They were all down at least 0.8 percent.
Intel — Morgan Stanley upgraded Intel to overweight from equal weight, citing a potential rally under CEO Bob Swan's leadership. "We think that Intel can rerate higher around a more financially oriented CEO," Morgan Stanley said. Intel shares rose 2.1 percent.
Wayfair — Shares of Wayfair leaped 27.9 percent on better-than-expected fourth-quarter results. The online furniture retailer posted an adjusted loss of $1.12 per share, which is smaller than a Refinitiv estimate of $1.28. The company's revenue also topped estimates. Wayfair added its active consumer count jumped more than 15 percent.
Roku — Shares of Roku jumped 25.2 percent on a better-than-expected fourth-quarter earnings and an active account growth of over 40 percent. The company also reported revenues that were $14 million higher than expected and earnings that surpassed a Refinitiv estimate by 2 cents.
Zillow — Zillow shares surged 26.37 percent after the real estate database company announced CEO Spencer Rascoff was leaving his post. The company also said Rich Barton, one of Zillow's co-founders, was taking over as chief executive.
Boyd Gaming — The gaming and hospitality company's stock rose 9.6 percent in midday trading after releasing its quarterly results. Boyd Gaming posted adjusted earnings per share of 32 cents, in line with expectations. The company also reported revenue of $791.6 million, topping a Refinitiv estimate of $774.3 million.
Intuit — Intuit reported adjusted earnings of $1 per share for its fiscal second quarter, topping a Refinitiv estimate of 86 cents. The company also said its revenue increased by 12 percent as sales from its small business online ecosystem expanded by 38 percent. Intuit shares jumped 6.77 percent.
Stamps.com — Shares of Stamps.com plummeted more than 57 percent after the company dissolved its longtime partnership with the U.S. Postal Office. The company said it did so in a bet on Amazon's success in shipping and logistics.