Investors largely expected the FOMC to cut rates by a quarter point.The Fedread more
The lack of clarity surrounding the U.S.-China trade war is what's really hitting global growth, says ex- Deputy Treasury Secretary Sarah Bloom Raskin.World Economyread more
China's economy has long relied on factors such high levels of investments and an expanding labor force for growth. Those growth drivers are running out of steam.China Economyread more
India could benefit from the fallout in the U.S.-China trade war, experts told CNBC — but much-needed reforms on land and labor could prove to be a challenge for companies...Asia Economyread more
New crash tests show the Tesla Model 3 and the Audi e-tron, are among the safest models out on the road. The results bolster the theory electric vehicles may be better...Autosread more
U.S. consumers and growth in sectors such as technology have offset declines in other American industries, says Tom Finke, chairman and CEO of investment management firm...US Economyread more
The FAA administrator's comments come on the eve of his visit to Boeing facilities outside Seattle. While there, he's scheduled to meet with Boeing executives and be briefed...Airlinesread more
Last weekend's attacks on oil facilities — and the spike in crude prices that followed — should show that the world needs to stop relying on oil, says Helen Clark.Energyread more
The photo depicts Canadian leader Justin Trudeau wearing a turban and robe, with dark makeup on his hands, face and neck. Liberal Party spokesman confirms the photo is of...Electionsread more
As the Fed was meeting to consider cutting interest rates, it lost control of the very benchmark rate that it manages.Market Insiderread more
CBS, CNN and other major media companies are starting to pull e-cigarette advertising off their airways, as the death toll from a mysterious vaping-related illness continues...Health and Scienceread more
Check out the companies making headlines after the bell:
Shares of Ulta Beauty jumped more than 4 percent in extended trading Thursday following the release of the beauty company's better-than-expected fourth-quarter earnings. Ulta reported earnings per share of $3.61 on revenues of $2.12 billion. Wall Street estimated earnings per share of $3.56 on revenues of $2.11 billion, according to Refinitiv.
Ulta's same store sales increased 9.4 percent, compared to the estimated increase of 7.9 percent.
Broadcom shares rose as much as 5 percent after hours Thursday following mixed first-quarter earnings. The semiconductor company posted $5.79 billion in revenue, missing estimates surveyed by Refinitiv of $5.82 billion. Earnings per share were $5.55, beating the $5.23 forecast by analysts.
"Similar to our peers, we see a slowdown in China impacting demand. However, much of this was factored into our original guidance and we are maintaining our full year fiscal 2019 business outlook," said President and CEO of Broadcom Hock Tan.
Broadcom gave full year guidance in line with estimates: $24.5 billion, vs. the $24.3 billion estimated.
Shares of Adobe ticked lower in extended trading Thursday after the computer software company issued weak second-quarter outlook, despite strong first-quarter earnings. Adobe posted adjusted earnings per share of $1.71 on revenues of $2.60 billion. Wall Street estimated earnings per share of $1.62 on revenues of $2.55 billion, according to Refinitv.
Adobe issued weak second-quarter guidance: earnings per share of $1.77, compared to the $1.88 expected by analysts.
Oracle shares rose slightly but later turned negative after market close Thursday following better-than-expected third-quarter earnings. Beating on the top and bottom lines, the computer software company posted earnings per share of 87 cents, topping Refinitiv estimates by 3 cents. Revenue was $9.62 billion, beating the forecast $9.59 billion.
Jabil shares moved 2 percent higher after hours before trading flat Thursday following the manufacturing services company's mixed second-quarter earnings. Jabil reported revenues of $6.07 billion, missing estimates of $6.08 billion. Earnings per share were 64 cents, higher than the expected 61 cents.