A quarter of the S&P 500 companies report earnings next week, and that could buffet the market as investors await the July Fed meeting.Market Insiderread more
Iran's Revolutionary Guard claims a British tanker it still holds, Stena Impero, failed to follow international maritime rules.World Newsread more
Amazon hires Trump-allied lobbyist Jeff Miller as battle for Pentagon contract heats up.Politicsread more
In a series of tweets, the president addressed an unusual controversy stemming from a speech delivered Thursday by New York Fed President John Williams.Marketsread more
"You need to understand that we're about to embark on the busiest week of the year for industrial earnings," CNBC's Jim Cramer says.Mad Money with Jim Cramerread more
Boston Federal Reserve President Eric Rosengren is lining up against an apparent push to cut interest rates, telling CNBC in an interview Friday that the central bank can...The Fedread more
The MTA reported that the 1, 2, 3, 4, 5 and 6 trains are all facing delays due to a network communications issue impacting service in both directions, NBC New York reports.Transportationread more
Companies aren't waiting for the U.S.-China trade war to be resolved, says the head of the world's biggest money manager.Investingread more
US officials including Treasury Secretary Steven Mnuchin and White House economic adviser Larry Kudlow will host a meeting at the White House on Monday of semiconductor and...Technologyread more
Trump's constant berating of the Fed and its actions does not influence the central bank's decisions, Boston Fed's Eric Rosengren says.The Fedread more
The lawsuits allege J&J's talc-based baby powder contained asbestos and caused ovarian and other cancers.Health and Scienceread 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.