Facebook Vice President David Marcus is the face of the company's Libra digital currency, but the original driving force was a 26-year-old female corporate-development...Technologyread more
Amazon's new policy for account suspensions doesn't go far enough to protect sellers from potentially unfair and wrongful suspensions, merchants say.Technologyread more
There is no end in sight to the Boeing 737 Max grounding after two fatal crashes, prompting airlines to rethink their growth plans.Airlinesread more
After a year of flooding, Midwest farmers face a stifling heat wave that's spreading across the U.S.Weather & Natural Disastersread more
On Saturday, Disney's Marvel Studios announced its upcoming slate of superhero films during a panel at San Diego Comic-Con.Entertainmentread more
Moving lots of data to a public cloud over the internet can take months or years. CNBC got an inside look at how AWS transfers data to the cloud for its clients.Technologyread more
A quarter of the S&P 500 companies report earnings next week, and that could buffet the market as investors await the July Fed meeting.Market Insiderread more
Iran's Revolutionary Guard claims a British tanker it still holds, Stena Impero, failed to follow international maritime rules.World Newsread more
"It troubles me that the most important political office in the world is becoming the face of racism and exclusion," Kaeser said in a Twitter post.Politicsread more
Silver's rally could be losing its shine after the precious metal reached its year-to-date high, futures experts warn.Futures Nowread more
Some 40% of Americans would struggle to come up with even $400 to pay for an emergency expense. Just how are so many Americans so short on cash? Blame debt.Personal Financeread more
Check out the companies making headlines after the bell:
L Brands shares fell more than 8 percent in extended trading after posting mixed fourth-quarter earnings and weak full-year guidance. The retail company posted $4.85 billion in revenue, compared to the $4.88 billion forecast by analysts. Earnings per share were $2.14, beating Wall Street's expectation of $2.07. L Brands sees 2019 earnings per share between $2.20 and $2.60, while analysts forecast earnings of $2.71.
Shares of Square fell more than 6 percent in extending trading Wednesday based on weak first-quarter guidance despite the company's better-than-expected fourth-quarter earnings. Beating on the top and bottom lines, the mobile payment company posted earnings per share of 14 cents on revenues of $464 million. Wall Street expected earnings per share of 13 cents on revenues of $454 million, according to Refinitiv consensus estimates. Square's fourth-quarter subscription and services-based revenue was $194 million, up 144 percent.
Square issued light first-quarter guidance: earnings per share between 6 and 8 cents, compared to the estimated 11 cents. The company sees revenue between $472 and $482 million, in line with the Street's expectations. The stock is up about 41 percent year to date.
HP Inc. shares ticked more than 9 percent lower after market close on Wednesday based on the software company's first-quarter earnings. Revenue was $14.71 billion, missing the estimated of $14.86 billion surveyed by Refinitiv. Earnings per share were in line with estimates at 52 cents.
Booking Holdings shares dropped 10 percent in after hours trading Wednesday based on mixed fourth-quarter earnings. The online travel company earned $3.21 billion in revenue, missing Refinitiv estimates of $3.22 billion. Earnings per share were $22.49, beating the forecast $19.42.
Shares of Box tanked 23 percent in extended trading Wednesday after releasing mixed fourth-quarter earnings and weak guidance. The cloud company reported earnings per share of 6 cents on revenues of $163.7 million. Analysts expected earnings per share of 2 cents on revenues of $164.2 million.
Fitbit shares fell more than 11 percent after hours Wednesday after giving weak first-quarter guidance. The company estimates revenue between $250 million and $268 million, lower than the expected $272 million, per Refinitv. Fitbit sees a first-quarter loss of 22 to 24 cents per share, steeper than the forecast loss of 15 cents.
The guidance overshadowed Fitbit's better-than-expected fourth-quarter earnings. Beating on the top and bottom lines, the company posted earnings per share of 14 cents on revenues of $571 million. Analysts has expected earnings per shared of 7 cents on revenues of $569 million.
Shares of Celgene fell more than 8 percent after hours on news that investment firm Wellington Management does not support Bristol-Myers acquisition of the biotechnology company. In January, Bristol-Myers announced its plans to buy Celgene in a cash and stock deal valued at $74 billion.