Hours after President Trump said Sunday he had "second thoughts" about escalating the trade war with China, the White House sought to explain his remark because it was...Politicsread more
Clouding the G-7 gathering, which represents the world's major industrial economies, are the tit-for-tat tariffs between Washington and Beijing.Politicsread more
President Donald Trump said that he would have a major trade deal with U.K. after it leaves the European Union.Politicsread more
Despite Kudlow's expectations, China said on Saturday that it strongly opposes Trump's decision to levy additional tariffs on $550 billion worth of Chinese goods, and warned...Politicsread more
President Donald Trump said Sunday he was not happy after North Korea launched short-range ballistic missiles over the weekend.Politicsread more
Carl Medlock used to work at Tesla. Now he's one of the few people in the U.S. that can fix the company's original Roadster electric vehicles.Technologyread more
The announcement for Target also comes on the heels of a strong quarterly earnings report, where it showed it drove more people to stores and got them to spend more money...Retailread more
The Goldman Sachs technology M&A team, led by Sam Britton, has cashed in on its software focus and decades of experience to dominate 2019's biggest deals.Technologyread more
American small and medium-size companies that rely on China are scrambling to adjust their business plans in response to the escalating trade war.Traderead more
Here are the products that stand to be the most affected by China's new tariffs on $75 billion worth of U.S. goods.Marketsread more
The summit comes amid fears over a global economic slowdown, and U.S. tensions over trade allies, Iran and Russia.Politicsread more
Check out the companies making headlines after the bell:
Shares of Pinterest plummeted more than 15% during extended trading on Thursday after the company posted disappointing first-quarter earnings in its first report since going public. The company reported a loss of 32 cents per share, while a Refinitiv consensus had estimated a loss of 11 cents per share. It posted revenues of $201.9 million, slightly higher than the expected $200.6 million.
Pinterest gave revenue guidance of between $1.06 billion and $1.08 billion for the 2019 fiscal year, which would mark the first time the company cracks the $1-billion mark.
Shares of Nvida jumped nearly 6% after the computer game company reported better-than-expected first-quarter earnings. The company reported earnings of 88 cents per share on revenues of $2.22 billion, while analysts had anticipated earnings of 81 cents per share on revenues of $2.20 billion.
Shares of Applied Materials surged at least 6% after the manufacturing company reported second-quarter results that beat estimates on the top and bottom lines. The company reported earnings of 70 cents per share on revenues of $3.54 billion, while Wall Street had expected earnings of 66 cents per share on revenues of $3.48 billion.
Shares of Baidu tumbled more than 8% after the China-based technology company reported first-quarter revenues that missed earnings and revenue estimates. The company reported earnings of 2.77 Chinese yuan per share on revenues of 24.12 billion yuan, while analysts had estimated earnings of 2.89 yuan per share on revenues of 24.16 billion yuan. The company also announced a U.S. $1 billion stock buyback program.