The U.S. will likely emerge the winner in a "cold currency war" that is heating up, an expert said.Currenciesread more
These box office numbers do not include the cost of production or marketing costs. They also don't count the billions in merchandising that Disney has made over the last...Entertainmentread more
Tariffs are the only instrument left for addressing China's systematic and excessive surpluses on its U.S. trades, writes Michael Ivanovitch.US Economyread more
In its latest attempt to build market credibility, China on Monday launched the Science and Technology Innovation Board, or "STAR Market," on which 25 companies were listed.China Economyread more
When Cathy Hsu and Tony Hsieh wanted to build an English language app for Chinese children, they decided to follow Facebook and Google's lead.Start-upsread more
Stocks in Asia were lower on Monday, as shares on a new Nasdaq-style technology board on the Shanghai Stock Exchange skyrocketed on their debut day.Asia Marketsread more
Instagram began tests that hide "like" counts on posts. That means influencers who market products on Instagram will have to rely on different metrics to show success.Technologyread more
Peter Neupert worked for Microsoft and Amazon-backed Drugstore.com, where he got to know Jeff Bezos. He now advises start-ups.Technologyread more
The firing of the tear gas was the latest confrontation between police and protesters who have taken to the streets for over a month to fight a proposed extradition bill and...China Politicsread more
Last week shows that oil prices are not the indicator for Middle East tensions they once were, and worries about global demand and growing U.S. production has changed that...Market Insiderread more
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
Check out the companies making headlines after the bell:
Shares of database company MongoDB surged more than 17 percent after market close Wednesday based on better-than-expected fourth-quarter earnings. Beating on the top and bottom lines, the company reported an a loss of 17 cents per share, beating Refinitiv estimates by 21 cents. MongoDB earned $85.5 million in revenue, topping estimates of $74 million.
MongoDB gave strong next-quarter and full year 2020 guidance.
Tailored Brands shares fell more than 16 percent in extended trading Wednesday after reporting mixed fourth-quarter earnings. The retail company posted a loss of 28 cents per share on revenues of $786 million. Analysts expected a loss of 29 cents on revenues of $801 million.
Same-store sales were down in the fourth-quarter and "this trend has continued into the first quarter of 2019," said the company's Executive Chairman Dinesh Lathi. Tailored Brands issued weak first-quarter earnings per share guidance.
Shares of Cloudera tanked more than 13 percent in extended trading Wednesday following the release of the software company's fourth-quarter earnings. Cloudera reported a loss of 15 cents per share on revenues of $145 million. Estimates for Cloudera did not include its merger with Hortonworks, which closed in January of this year.
Domo shares soared more than 12 percent after hours Wednesday after reporting strong fourth-quarter earnings. The computer software company earned $39.4 million in revenue, topping Refinitiv estimates of $37.8 million. Domo posted a loss of 94 cents per share, compared to the $1.24 loss forecast by analysts.