Investors are rushing into the relative safe haven of the bond market, causing the yield on the U.S. 10-year Treasury to plummet.Real Estateread more
Stocks fell sharply on Thursday as investors started to fear the U.S.-China trade war is slowing the economy.Marketsread more
Wall Street is becoming convinced that both the White House and Beijing are willing to engage in a protracted trade war that could begin to hit consumers and slow global...Market Insiderread more
See which stocks are posting big moves after the bell on Thursday, May 23.Market Insiderread more
Investors rushed into the safety of bonds Thursday and sold stocks, as it appeared the trade war could be prolonged and more painful for the world economy than expected.Market Insiderread more
Oracle co-founder Larry Ellison disclosed a $1 billion stake in Tesla in late December. It's now worth about $580 million.Technologyread more
Investors trying to get a gauge on the state of U.S.-China trade relations should look at shares of big chipmakers, according to Ned Davis Research.Marketsread more
The volatile stock of Tesla has lost over 40% so far this year, and experts are split on what might happen next.Trading Nationread more
The president addressed farmers and ranchers hurt by the trade war with China, just hours after his administration announced a new $16 billion farm and ranch aid package for...Politicsread more
The e-mail's optimistic tone helped Tesla shares turn positive for the first time in seven days.Technologyread more
J.P. Morgan Chase has cut ties with Purdue Pharma LP over the OxyContin maker's alleged role in the U.S. opioid crisis, forcing it to find a new bank to manage cash and bill...Banksread more
Check out the companies making headlines after the bell:
Shares of Alphabet tanked more than 6% in extended trading Monday following the release of the tech giant's mixed first-quarter results. Alphabet reported earnings per share of $11.90 on revenue of $36.34 billion. Wall Street expected earnings per share of $10.61 on revenue of $37.33 billion, according to analysts surveyed by Refinitiv.
Google said its paid clicks are up 39% year-over-year while cost per click is down 19% from the year-ago quarter. Traffic acquisition costs came in at $6.86 billion, better than the estimated $7.26 billion per FactSet.
MGM Resorts shares dipped 2% after the bell Monday after posting first-quarter EPS numbers that missed expectations. Earnings per share were 5 cents, compared to the 21 cents forecast by analysts. The hospitality company earned $3.18 billion in revenue, topping estimates of $3.13 billion surveyed by Refinitiv.
Shares of AK Steel surged 7% in after hours trading Monday, before paring gains to trade roughly 3% up. The company reported first-quarter results of 23 cents earnings per share, beating expectations by 10 cents. Revenue came in at $1.70 billion, lower than the $1.74 billion estimated on the Street.
AK Steel took a $77.4 million charge for the closure of its Ashland Works facility.
Yum China shares rose more than 3% in extended trading Monday following the release of the restaurant company's better-than-expected first-quarter earnings. The parent company of Pizza Hut and Kentucky Fried Chicken posted earnings per share of 59 cents on revenue of $2.30 billion. Analysts estimated earnings per share of 54 cents on revenue of $2.26 billion, according to Refinitiv consensus estimates.
Yum China's same-store sales increased 4%, compared to the expected increase of 1.8%. KFC same-store sales rose 5%, topping analysts' estimates of 2.3% growth. Pizza Hut same-store sales increased 1%, compared to the expected 0.2%.
Western Digital shares fell more than 4% after hours Monday after posting third-quarter earnings that missed estimates on the top and bottom lines. The computer company earned $3.67 billion in revenue, missing estimates of $3.68 billion. Earnings per share were 17 cents, lower than the expected 46 cents.