Chinese trade negotiators suddenly canceled a visit to meet U.S. farmers after they wrapped up trade talks in Washington this week.Marketsread more
Blackstone Executive Vice Chairman Tony James says he's less optimistic now than before that the U.S.-China trade war could be resolved, but even a smaller deal could help...World Economyread more
The Pentagon will deploy U.S. forces to the Middle East on the heels of the attack on Saudi Arabian oil facilities, United States Secretary of Defense Mark Esper announced...Defenseread more
President Trump also said he is "not looking for a partial deal" with Beijing, moving away from his suggestion last week that he would consider an "interim deal."Politicsread more
Progress on trade talks will determine how far market will move above new highs.Trader Talk with Bob Pisaniread more
"Sure, the trade war's taking its toll on business ... it's just not taking its toll where it was supposed to," Jim Cramer says.Mad Money with Jim Cramerread more
Joe Biden called on President Donald Trump Friday to release the transcript of a call with a foreign leader that is the subject of a whistleblower complaint. Biden described...Politicsread more
For investors taking a breather from the chaos in August, buckle up as the market is about go crazy again, Goldman Sachs warned.Marketsread more
Palantir Technologies is targeting a valuation of at least $26 billion in a private fundraising round, the first for the Peter Thiel-backed data analytics startup in four...Wall Streetread more
Michael Pack, a conservative filmmaker linked to Steve Bannon, saw at least $1.6 million in donations from his nonprofit sent into the coffers of his independent production...Politicsread more
The New England Patriots released Antonio Brown just 11 days after signing the wide receiver. The NFL Super Bowl champion team initially had kept him in the face of a rape...Sportsread 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.