Chinese trade negotiators suddenly canceled a visit to meet U.S. farmers after they wrapped up trade talks in Washington this week.Marketsread more
The Pentagon will deploy U.S. forces to the Middle East on the heels of the Iranian attack on Saudi Arabian oil facilities, United States Secretary of Defense Mark Esper...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
A tour bus carrying Chinese-speaking tourists crashed near a national park in southern Utah, killing at least four people and critically injuring up to 15 others, authorities...U.S. Newsread more
Check out the companies making headlines before the bell:
Walmart — The retail giant reported adjusted quarterly profit of $1.13 per share, 11 cents a share above Wall Street forecasts. Revenue came in below estimates, however, largely due to currency-related headwinds. But comparable-store sales at Walmart's U.S. locations rose 3.4%, beating the Refinitiv consensus of 3.3%.
Cisco Systems — Cisco reported adjusted quarterly profit of 78 cents per share, beating the consensus estimate of 77 cents a share. The networking equipment maker's revenue also beat Street forecasts, and Cisco also gave better-than-expected current-quarter revenue guidance.
Pfizer — The drugmaker was named a "top pick" at Credit Suisse following a meeting with Pfizer's management team. Credit Suisse said the meeting increased its confidence in both management and the prospects for Pfizer's new products.
PG&E — The utility's transmission lines caused California's Camp Fire last year, according to a determination by state fire investigators. The fire, which killed 85 people, was the deadliest and most destructive wildfire in California history.
XPO Logistics — XPO investors rejected a shareholder proposal calling for an independent chair, and also approved the logistics company's executive compensation plan. The debate over executive compensation came amid a 50% drop in shares over the past eight months and a profit forecast for 2019 that has been lowered twice.
Sony — Sony announced it would buy back 4.8% of its stock, about $1.8 billion worth, through the end of the current fiscal year next March. Sony had announced its first-ever share buyback plan in February.
Flowers Foods — Flowers reported adjusted quarterly profit of 32 cents per share, 2 cents a share above estimates. The maker of Wonder Bread and other baked products also saw revenue beat forecasts. Higher prices helped overcome slower sales.
Dillard's — Dillard's beat estimates by 19 cents a share, with quarterly profit of $2.99 per share. The retailer's revenue was in line with forecasts, however comparable-store sales were flat compared to expectations of a 1.3% increase.
KB Home — KB Home was upgraded to "outperform" from "sector perform" at RBC Capital Markets, which pointed to improvements in the home builder's pricing.
Tesla — The automaker's senior director of communications, Dave Arnold, is leaving Tesla after 2-1/2 years, according to sources who spoke to TechCrunch.