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:
American Eagle Outfitters shares fell more than 4 percent after hours Wednesday based on mixed fourth-quarter earnings and light first-quarter guidance. The retailer posted $1.24 billion in revenue, missing Refinitiv estimates of $1.26 billion. Earnings per share were 43 cents, topping estimates of 42 cents. The company's same-store sales increased 6 percent, in line with estimates.
American Eagle issued weak first-quarter guidance. The company estimates earnings per share between 19 and 21 cents, compared to the 24 cents expected by analysts.
Shares of Allergan fell more than 3 percent after hours Wednesday after announcing disappointing test results for its depression treatment. The pharmaceutical company released a statement saying its three studies of "rapastinel" as a treatment of Major Depressive Disorder were unsuccessful.
"We are deeply disappointed with these results, and they are a vivid reminder that drug development is extremely challenging, especially in mental health," said David Nicholson, chief research and development officer at Allergan. "We remain committed to the development of new life changing medications to combat the rising global toll of mental illness."
Shares of Guidewire Software jumped more than 8 percent after market close Wednesday based on better-than-expected second-quarter earnings and strong guidance. Beating on the top and bottom lines, the software publisher company earned $169 million in revenue, while analysts expected $160 million. Guidewire reported earnings per share of 34 cents, well above the 19 cents forecast by analysts surveyed by Refinitiv.
Guidewire issued strong third-quarter revenue guidance: Between $152.5 and $156.5 million, compared to the $148.6 million forecast by Wall Street. Earnings per share guidance was in line with estimates: between 5 and 9 cents, while analysts estimated 5 cents.
Yext shares ticked higher and later dipped negative in extending trading Wednesday after reporting better-than-expected fourth-quarter earnings. The technology company posted a loss of 3 cents per share, 6 cents above estimates. Revenues were $63.8 million, beating estimates of $62.8 million.
Yext issued first-quarter earnings per share and revenue guidance in line with estimates. For 2020, the company sees a loss per share of between 40 and 44 cents, while analysts estimated a loss of 38 cents, according to Refinitiv.