The IMF trims its economic growth forecast again as the U.S.-China trade war continues, Brexit worries linger and inflation remains muted.Economyread more
Citigroup thinks Tesla investors hoping for a post-earnings rally later this week should scrutinize a pair of related financial metrics.Investingread more
Olive branches were extended from both China and the U.S. as the two nations are set to restart face-to-face trade negotiations after a monthlong truce.Marketsread more
Coca-Cola topped Wall Street's expectations for earnings and revenue.Food & Beverageread more
New disclosures show Facebook and Amazon each spent more than $4 million on lobbying activity in the second quarter of 2019.Technologyread more
Boris Johnson, one of the biggest voices in the Brexit movement, wins the Conservative Party leadership race by a 2-1 margin.Europe Politicsread more
Disney can nearly double its earnings by 2024, Morgan Stanley said in a note to clients on Tuesday.Investingread more
Amazon is expected to report its second-quarter earnings on Thursday.Investingread more
The largest residential brokerage company in the U.S. is partnering with the largest online retailer in a strategy to boost sales for both.Real Estateread more
Here are the biggest calls on Wall Street on TuesdayInvestingread more
Canaccord Genuity's Tony Dwyer believes stocks are about to fall as much as 5% from their all-time highs.Trading Nationread 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.