Tensions stemming from the U.S.-China trade war escalated sharply over the last few days, with much happening as Asian markets were shut down for the weekend.China Economyread more
The latest round of tariff announcements in the last few days means that by the end of the year, essentially all Chinese goods exported to the U.S. will be subject to duties.China Economyread more
Futures fell after Trump said the U.S. will raise tariffs on more than $500 billion worth of Chinese imports, increasing trade tensions.Marketsread 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
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
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
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
Bryn Mawr Trust CIO Jeffrey Mills lists where to put money to work as Wall Street copes with trade war and recession jitters.Futures Nowread 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
Check out the companies making headlines after the bell:
Shares of fitness clothing company Lululemon rose roughly 4% in extended trading following a strong first-quarter earnings report. The company reported earnings per share of 74 cents on $782 million in revenue, beating Refinitiv consensus estimates of 70 cents EPS and $755 million in revenue. The company also raised its full-year guidance for revenue. It expects revenue between $3.73 billion and $3.77 billion, and earnings per share between $4.51 and $4.58 in 2019. "
Shares of RH, formerly known as Restoration Hardware, soared 22% after the company's first-quarter results beat expectations. The home furnishings company reported adjusted earnings of $1.85 per share on $598 million in revenue, surpassing consensus estimates of $1.55 per share on $584 million in revenue. RH also raised guidance the fiscal year and now expects adjusted revenue between $2.64 billion and $2.66 billion and adjusted earnings per share between $8.76 and $9.27.
Shares of cybersecurity firm CrowdStrike continued to rise after hours, following the stock's market debut Wednesday, when it rose by more than 70%. The stock gained as much as 1.5% after hours to trade around $58.89 per share after opening on the public markets at $63.50.