After Elon Musk touts Tesla solar on Twitter, Walmart sues the electric vehicle and clean energy company over store rooftop panels that ignited.Technologyread more
The bond market has entered a financial twilight zone, and at this point, there doesn't seem to be a smooth way out.Market Insiderread more
Trump said he has "been thinking about payroll taxes for a long time" — and he cautioned that "whether or not we do something now, it's not being done because of recession."Politicsread more
Secretary of State Mike Pompeo privately told business executives and free traders that the trade war could end by the 2020 election and that hurdles to an immediate agreement...2020 Electionsread more
Market bull Jeff Saut told CNBC on Tuesday that the lows are in and the market is headed "much higher."Marketsread more
Home Depot CFO Carol Tome says "consumer confidence is near record high levels" but "consumer demand could be impacted" by lingering U.S.-China trade tensions.Mad Money with Jim Cramerread more
The company's stock seesawed after the markets closed Tuesday, initially swinging up by 4% before falling by about 2%.Retailread more
President Donald Trump believes he has quite the bargaining chip with the European Union.Marketsread more
The United States does not have a defense against hypersonic weapons, which can travel at least five times the speed of sound, or a little more than a mile per second....Defenseread more
The Federal Reserve has lost control of interest rates as evidenced by the federal funds rate trading higher than any part of the U.S. Treasury yield curve, Jeffrey Gundlach,...Marketsread more
See which stocks are posting big moves after the bell.Market Insiderread more
Check out the companies making headlines after the bell:
Netflix shares dropped as much as 8% in extended trading Tuesday after posting better-than-expected first-quarter earnings and disappointing second-quarter guidance. The streaming platform posted earnings per share of 76 cents, beating estimates of 57 cents. Revenue was $4.52 billion, topping Wall Street's estimates of $4.5 billion, according to Refinitiv estimates.
For the second quarter Netflix expects earnings per share of 55 cents, lower than the 99 cents forecast by analysts.
Netflix added 9.3 million subscribers in the first quarter. Netflix's domestic paid subscriber additions were 1.74 million, topping expectations of 1.61 million, forecast by FactSet. International paid subscriber additions were 7.86 million, compared to the 7.31 million estimated. Netflix's stock recovered most of its loses.
Shares of Sprint plummeted more than 10% and shares of T-mobile fell more than 5% after market close Tuesday following a report that the Sprint and T-mobile deal is facing push-back from the Department of Justice's antitrust staff. The DOJ said the $26 billion merger is unlikely to be approved as currently structured, sources told the Wall Street Journal.
Shares of IBM fell more than 2% after hours Tuesday after posting mixed first-quarter earnings. The computer hardware company earned $2.25 per share, topping estimates of $2.22. Revenue came in at $18.18 billion, lower than the forecast $18.46 billion surveyed by Refinitiv.
Qualcomm shares continued to tick higher after market close Tuesday following its stock surging on news that Qualcomm and Apple have settled their royalty dispute. The settlement includes a six-year license agreement and a payment from Apple to Qualcomm. The settlement ended a trial that was expected to last until May. Qualcomm's stock closed up 23.21%.
United shares jumped more than 3% after hours Tuesday after the airline posted mixed first-quarter earnings. Revenue missed estimates of $9.61 billion, coming in at $9.59 billion. Earnings per share were $1.15, topping estimates of 95 cents, according to Refinitiv. The airline lowered its full-year capacity expectation because of 737 Max issues. United estimates an increase of 4% to 5% instead of 4% to 6%.
Shares of CSX rose more than 4% in extended trading Tuesday following the release of the railroad company's better-than-expected first-quarter earnings. CSX posted earnings per share of $1.02 on revenue of $3.01 billion. Analysts estimated earnings per share of 91 cents on revenue of $3.0 billion, according to Refinitiv.
Interactive Brokers shares ticked a percent higher after hours Tuesday after reporting strong first-quarter earnings. The foreign exchange company earned $558 million in revenue, topping estimates of $505 million. Earnings per share were 64 cents, beating Refinitiv estimates by 11 cents.