The massive market transformation this month that some on Wall Street called a "once in a decade opportunity" might have just been a one-off technical move because of taxes.Marketsread more
The Pentagon will deploy U.S. forces to the Middle East on the heels of the attack on Saudi Arabian oil facilities, United States Secretary of Defense Mark Esper announced...Defenseread more
CNBC did a deep dive through the most recent Wall Street research to find stocks that analysts say are underappreciated.Marketsread more
Shares of MasterCard are up 46% this year, and 1120% since 2011, getting a boost from the strong U.S. consumer.Investingread more
CNBC sat in on an "empathy training" at Amazon PillPack's Somerville offices, which is part of new hire orientation.Technologyread more
Trade with China is the 'big unknown' for the Federal Reserve as it decides how best to support the U.S. economy, says Council on Foreign Relations Director of International...Futures Nowread more
Lobbying experts said the visit is likely an attempt to be in lawmakers' ears as they consider legislation that would impact Facebook.Technologyread more
Yardeni Research's Edward Yardeni believes the U.S. economy is picking up steam.Trading Nationread more
Iran's audacious drone and cruise missile attack on Saudi Arabia's oil producing facilities has provided a critical test yet for the Trump administration's foreign policy. A...Politicsread more
Chinese trade negotiators suddenly canceled a visit to meet U.S. farmers after they wrapped up trade talks in Washington this week.Marketsread more
Check out the companies making headlines after the bell:
Shares of Salesforce jumped nearly 3% in extended trading after the software company reported better-than-expected first-quarter earnings and strong guidance for the 2020 fiscal year. The company reported earnings of 93 cents per share on revenue of $3.74 billion, while Refinitiv consensus estimates projected earnings of 61 cents per share on revenue of $3.68 billion.
Shares of GameStop tanked 20% after the video game retailer reported a 13.3% drop in first-quarter revenue and a 10.3% fall in same-store sales. GameStop reported earnings of 7 cents per share, versus the expected loss of 3 cents per share, and revenue of $1.55 billion, versus the expected $1.64 billion.
Pivotal Software stock plunged almost 30% in extended trading after the software company gave weak guidance for the upcoming second-quarter and the current fiscal year. The company expects second-quarter revenue between $185 million and $189 million, while Wall Street expected revenue of $198 million. Pivotal Software expects full-year revenue between $765 million and $767 million, while Wall Street expected revenue of $803 million.
Skyworks Solutions stock ticked lower after the Huawei supplier cut its guidance for the upcoming quarter and for the 2019 fiscal year in light of the Trump administration blacklisting Chinese telecom giant Huawei. Skyworks cut its third-quarter revenue forecast to a range of $755 million to $775 million, down from prior guidance of between $815 million and $835 million.
Skyworks said in a press release that sales to Huawei accounted for approximately 12% of the company's total revenue for the first six months of 2019.
Shares of Ambarella leaped 15% after the semiconductor company reported first-quarter earnings that beat analyst expectations. Ambarella reported earnings of 1 cent per share, compared with an expected loss of 5 cents per share. The company reported revenue of $47.2 million, just $200,000 higher than expected. Ambarella also reported strong revenue guidance for the upcoming quarter.
Shares of TiVo surged 8% after the tech company announced it had won a legal battle with Comcast over patent infringement. A judge ruled that Comcast's X1 platform infringes on patents owned by Rovi, which merged with TiVo in 2016, and would require license fees should Comcast continue using TiVo's patent tech.
Disclosure: Comcast is the parent company of CNBC.