Stocks fell sharply on Thursday as U.S.-China trade worries persisted with more companies suspending business with Chinese telecom giant Huawei.Marketsread more
A Ministry of Commerce spokesperson does not single out any U.S. action, but it's been a tense couple of weeks for the trade war.World Politicsread more
The e-mail's optimistic tone helped Tesla shares turn positive for the first time in seven days.Technologyread more
In a four-page letter sent Thursday morning, Warren and Ocasio-Cortez asked Mnuchin a series of questions about his advisory role in former Sears CEO Eddie Lampert's...Politicsread more
"For them to say that they don't work with the Chinese government is false," Secretary of State Mike Pompeo tells CNBC.Politicsread more
Facebook has stopped paying commission to staff for selling political advertisements on its platform, The Wall Street Journal reported.Technologyread more
The yield on the 10-year Treasury note fell to its lowest level since 2017 as more traders grew confident in a longer U.S.-China conflict.Bondsread more
Prosecutors allege that Stephen Calk, former president of Chicago-based Federal Savings Bank, loaned former Trump campaign chair Paul Manafort as much as $16 million in...Politicsread more
Oil prices tumble as the market braces for a prolonged U.S.-China trade war and on signs the U.S. is willing to negotiate with Iran.Energy Commoditiesread more
U.S. manufacturer growth hit new lows in May, the latest sign that the economic slowdown accelerated amid the ongoing trade war.Economyread more
European pilots are urging the EU's aviation regulator to conduct an independent and thorough review of the Boeing 737 Max before it flies again. The planes have been grounded...Airlinesread more
Check out the companies making headlines after the bell:
Shares of Take-Two Interactive fell more than 1% during extended trading on Monday after the video game company reported revenue that missed estimates and weak first-quarter guidance. The company cited lower-than-expected revenue from bookings. Take-Two gave a first-quarter revenue forecast of $310 million to $360 million, while analysts had estimated revenue of $418 million.
The company reported fourth-quarter earnings per share of 50 cents on revenue of $488 million. Wall Street analysts had expected revenue of $507 million, according to Refinitiv consensus estimates.
Shares of Tencent Music dropped more than 6% after the company reported mixed first-quarter earnings. The streaming service developer reported earnings per share of 0.72 Chinese Yuan — higher than analysts' estimates of 0.69 yuan per share — and revenue of 5.74 billion yuan, coming in just under the 5.8 billion yuan projected by analysts.
StoneCo stock jumped nearly 5% after hours, despite the company's better-than-expected first-quarter earnings. StoneCo also announced a share buyback program that will go into effect in the second quarter of 2019.
Immersion surged nearly 15% after the company announced that it settled its patent infringement litigation with Samsung, agreeing to a global patent and technology license for quarterly royalties on mobile devices. The technology company also announced that Sony will be licensing its patent portfolio for their upcoming gaming and VR controller. The company also reported first-quarter loss of 35 cents per share on revenue of $5.1 million.