Most U.S. hedge funds aren't expecting another big stock market sell-off as more firms curb bets on volatility, according to Nomura.Marketsread more
President Trump stands a chance of creating a new economic world order in his China trade fight, says the chief economic advisor of Allianz.Economyread more
A series of tweets Monday marked the latest chapter in Trump's decadeslong effort to refute published reports that his previous financial problems have rendered him an...Politicsread more
A sell-off in chip stocks intensified following a report that chipmakers are cutting ties with Huawei after the Trump administration's ban.Marketsread more
Ford Motor said Monday that it is laying off about 7,000 salaried workers, about 10% of that global workforce, as part of a restructuring plan designed to save the No. 2...Autosread more
Google announced Google Glass Enterprise Edition 2 on Monday, a new set of smart glasses that's catered toward businesses and costs $999. Google has focused on business use...Technologyread more
From hiring parties to improved training, restaurants are thinking outside the box to attract and retain talent. A recent report from TDn2K, a restaurant analytics firm, found...Restaurantsread more
More than 170 shoe retailers, including Nike, Under Armour, Adidas, Foot Locker, Ugg and Off Broadway Shoe Warehouse, have penned a letter to the White House asking President...Retailread more
Microsoft on Monday announced new moderation for its Xbox platform in an effort to cut down on toxic content and to make gaming safer for everyone.Technologyread more
The finalists from the Council for Economic Education's National Economics Challenge will put their problem-solving skills to the test Monday in a high school economics...US Economyread more
Check out the companies making headlines after the bell:
Avid Technologies jumped almost 7% in extended trading Monday after the technology company announced an amendment to its existing financing agreement that would add extend another $100 million to the company's line of credit, at a reduced interest rate.
American International Group's stock climbed more than 6% after the company reported first-quarter results that beat on the top and bottom lines. The finance and insurance company reported earnings of $1.58 per share, 52 cents higher than expected, and revenues of $12.64 billion, compared with estimates of $12.28 billion.
Shares of SolarEdge Technologies surged more than 17% in extended trading on Monday after the photovoltaics company reported first-quarter earnings that seemed to please the Street. The Israeli company reported earnings of 37 cents per share and revenue of $786.9 million.
Intersect ENT shares plummeted more than 16% after the medical device company announced that its CEO Lisa Earnhardt has resigned her post, but will remain on the board. Kieran Gallahue has been appointed as interim CEO and executive chairman of the board. The board has initiated a search to identify a permanent CEO.
Intersect ENT also lowered its guidance for the 2019 fiscal year to a range of $113 million to $117 million, down from a range of $123 million to $127 million.
Shares of Glu fell nearly 5% after the game developer gave weak second-quarter guidance. The game developer expects second-quarter bookings between $102 million and $105 million, slightly lower than analyst projections of $108.5 million. The company reported first-quarter revenues of $95.9 million, $6.1 million higher than expected.