U.S. Secretary of State Mike Pompeo says Huawei CFO Meng Wanzhou, who is under house arrest in Canada and facing extradition to America, is not a bargaining chip in the trade...Technologyread more
Boris Johnson will be meeting President Donald Trump to discuss a potential post-Brexit trade deal just as he tries to court EU leaders for a new withdrawal agreement.World Politicsread more
Arturo Estrella has a message for recession naysayers: It could hit sooner than you think.Marketsread more
Accountants in Hong Kong took to the streets on Friday to call for the government to accept five demands of the people, including the complete withdrawal of a now-suspended...China Politicsread more
Fed Chairman Jerome Powell faces the tough challenge of presenting a unified voice on Fed policy from the most divided Fed in years.Market Insiderread more
Local governments commonly share single service providers, making many vulnerable at once. On top of this, ransomware has often been used to mask more targeted, malicious...Technologyread more
Meanwhile, investors look ahead to Fed Chair Jerome Powell's speech at a yearly central banking symposium in Jackson Hole, Wyoming.Asia Marketsread more
The office has long been a breeding ground for budding romances. But actively going into business with your other half is another thing entirely.Successread more
Salesforce released its first earnings report since its $15.3 billion acquisition of Tableau Software, the company's largest deal ever.Technologyread more
Kudlow also confirmed to CNBC that he supported a tax cut proposal floated earlier Thursday by Sen. Rick Scott, R-Fla.Politicsread more
VMware is following through on its proposal to buy Pivotal, a fellow Dell subsidiary, and expanding into cybersecurity with the acquisition of Carbon Black.Technologyread more
Check out the companies making headlines after the bell:
Shares of Amazon initially jumped 2% in extended trading Thursday before giving up those gains following the release of the e-commerce giant's strong first-quarter earnings. Jeff Bezos' company reported earnings per share of $7.09 on revenue of $59.70 billion. Wall Street expected earnings per share of $4.72 on revenue of $59.65 billion, according to analysts surveyed by Refinitiv.
Ford shares surged as much as 8% after hours Thursday after posting better-than-expected first-quarter earnings. The Detroit automaker earned $37.24 billion in revenue, topping estimates of $37.08 billion per Refinitiv. Earnings per share were 44 cents, compared to the 27 cents forecast by analysts.
On an unadjusted basis, Ford's profit slid 34% from the year earlier. However, the demand for its popular pickups and SUVs in North America helped offset losses in China and South America.
Shares of Intel dropped 8% after market close on Thursday after reporting strong first-quarter earnings but weak forward-looking guidance. The semiconductor company reported earnings of 89 cents per share, topping estimates of 87 cents per share. Revenue was $16.06 billion, higher than the forecast $16.02 billion, according to analysts surveyed by Refinitiv.
The company reported weak guidance compared with analyst estimates for the full year 2019. Intel expects revenue of $69.0 billion compared with estimates of $71.05 billion.
Starbucks shares popped about 2% in extended trading — then pared gains — following the release of the Seattle-based coffee chain's mixed second-quarter earnings. Starbucks reported earnings per share of 60 cents on revenue of $6.31 billion. Wall Street expected earnings per share of 56 cents on revenue of $6.32 billion, according to Refinitiv.
Starbucks same-store sales grew 3%, compared with the 2.9% expected.
Shares of Mattel soared 10% after hours Thursday after posting better-than-expected first-quarter earnings. The toy-maker reported a loss of 44 cents per share, compared with the expected loss of 56 cents. Revenue was $689 million, topping Refinitiv consensus estimates of $645 million.