Democratic candidates take the stage together for the first time as they jockey for position in the race to take on President Trump in 2020.2020 Electionsread more
The issue over health insurance marked the first stark divide among the candidates, and sparked a heated back-and-forth between many of the candidates on stage.Politicsread more
In a strategy to draw attention away from Wednesday's Democratic debate, President Donald Trump's reelection campaign bought out YouTube's "masthead," the leading...2020 Electionsread more
Virginia Sen. Mark Warner breaks down the idea behind a bipartisan bill he introduced to provide more transparency in Big Tech.Technologyread more
The Federal Aviation Administration said on Wednesday that is has found an issue with the Boeing 737 Max that the manufacturer must address before it lifts the grounding...Airlinesread more
Tesla is working on new battery cell designs, and a way to make their own cells, with R&D teams in a lab near its car plant in Fremont, California.Technologyread more
These attacks have given the public the opportunity to examine the problems associated with ransomware, where corporations -- not obligated to disclose these attacks -- have...Technologyread more
"As a private company we don't have the tools to make the Russian government stop," Facebook CEO Mark Zuckerberg said at the Aspen Ideas Conference on Wednesday. "We can...Technologyread more
Something unusual is happening in financial markets, and it could mean more gains lie ahead for stocks, if history is any indication.Marketsread more
Underneath the impressive market rally is a trend that doesn't seem quite right, according to J.P. Morgan.Marketsread more
Wi-Fi 6 will be the next-generation wireless standard. Along with 5G, it will represent the next big shift in connectivity and data, said Irving Tan, senior vice president and...Shaping the futureread more
Check out the companies making headlines after the bell:
Shares of L Brands surged nearly 13% in extended trading on Wednesday after the parent company of retailers Victoria's Secret and Bath & Body Works reported first-quarter results that surpassed expectations. The company reported earnings of 14 cents per share on revenue of $2.63 billion. Wall Street had expected the company to break even, and to report revenue of $2.56 billion, according to Refinitiv consensus estimates. L Brands raised the lower end of its guidance for the current fiscal year.
L Brands reported flat comparable sales, while analysts had expected sales to fall 1.3%. Comparable sales of Bath & Body Works, alone, jumped 13%, compared with the expected 5.2% increase.
Brazil-based cosmetics firm Natura announced it will buy Avon Products in an all-stock deal, and shares of Avon soared 16% after hours. The deal values cosmetics company Avon at approximately $1.6 billion. The stock had already gained 9% during the regular trading session.
NetApp stock plunged more than 6% after the data services and management company reported earnings for its fiscal fourth quarter that missed estimates on the top and bottom lines, as well as weak first-quarter guidance. NetApp reported earnings of $1.22 per share and revenue of $1.59 billion, while analysts had expected earnings of $1.26 per share and revenue of $1.64 billion, according to Refinitiv consensus estimates.
The company expects earnings per share between 75 cents and 86 cents for its fiscal first quarter, lower than the Street estimate of $1.04 per share.