Representatives from the Chinese side say they think it likely that Chinese President Xi Jinping will attend the G-20 meeting later this month. But in order to reach a trade...China Economyread more
Software engineers straight out of college often make six-figure salaries, not counting equity compensation.Technologyread more
Wall Street, though, is clamoring for a rate cut, with an 85% chance of a move in July and a 61% probability of three reductions by year's end.The Fedread more
A company spokesperson said the outage was the result of a "an internal technology issue" and was not security related.Retailread more
Using MIT's living wage calculator, CNBC Make It mapped out the minimum amount a single parent must earn to meet their basic needs without relying on outside help in every...Earnread more
The flattening of the yield curve is exuding a bad omen for the stock market if history is any guide.Marketsread more
Hong Kong Chief Executive Carrie Lam announced at a press conference on Saturday that a contentious bill to allow extraditions to mainland China has been put on hold.China Politicsread more
Stratolaunch, the world's largest airplane, which flew once, is up for sale, sources familiar told CNBC.Investing in Spaceread more
Transparency is key… or is it? With the first-ever non-transparent, actively managed exchange-traded fund receiving approval from the SEC, "ETF Edge" goes straight to the...ETF Edgeread more
Mired in a crisis over its best-selling 737 Max plane, Boeing could hand the spotlight over to its rival Airbus at the Paris Air Show.Airlinesread more
A new update to the Apple Watch called watchOS 6 will notify you if the environment you're in is too loud and could damage your hearing.Technologyread more
Check out the companies making headlines after the bell:
Cloudera stock plummeted more than 30% after the cloud software company announced CEO Tom Reilly is retiring and intends to leave his position on the board effective July 31. The company also announced mixed quarterly results and gave weak guidance for the upcoming quarter and the current fiscal year.
Cloudera reported a loss of 13 cents per share, narrower than the expected loss of 23 cents, and revenue of $187.5 million, just short of estimates.
Shares of Stitch Fix surged 30% during extended trading after the online personal styling company reported third-quarter results that beat on the top and bottom lines. The company reported earnings of 7 cents per share on revenue of $409 million, while Wall Street had expected a loss of 3 cents per share on revenue of $395 million, according to Refinitiv consensus estimates.
Shares of Five Below rose 1% after the retailer reported better-than-expected first-quarter earnings. Five Below reported earnings of 46 cents per share, beating the expected 35 cents per share, and revenue of $365 million, besting estimates by just $1 million. Comparable sales jumped 3.1%.
MongoDB stock dropped nearly 3% after the software company gave disappointing guidance for the current fiscal year. The company expects a loss per share of between $1.04 and $1.11. Analysts surveyed by Refinitiv had expected a loss of $1.00 per share. MongoDB reported a narrower-than-expected first-quarter loss of 22 cents per share and revenue of $89.4 million, $5.9 million higher than expected.
Shares of Elastic fell as much as 3%, before erasing those losses, after the search company announced that it will acquire Endgame, a security company, for $234 million in the form of Elastic stock, payment of outstanding debt and the assumption of Endgame's outstanding equity awards.