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 before the bell:
Dave & Buster's Entertainment – Dave & Buster's reported quarterly profit of $1.13 per share, missing consensus estimates by a penny a share. The restaurant chain's revenue also fell short of forecasts, as comparable sales declined by 0.3%. The company also lowered its full-year forecast.
Raytheon, United Technologies – The merger deal between the defense contractors is opposed by activist investor William Ackman, who owns a significant position in United Technologies. Ackman wants the company to call off the deal, according to a letter sent to CEO Greg Hayes and seen by The Wall Street Journal. Ackman said the deal makes no strategic sense.
Medidata Solutions – The medical cloud software company agreed to be acquired by French software maker Dassault Systems for $5.8 billion in cash or $92.25 per share. Medidata had closed Tuesday at $94.75.
PepsiCo – PepsiCo executive Laxman Narasimhan was named the new chief executive officer at British consumer products giant Reckitt Benckiser. Narasimhan is PepsiCo's global chief commercial officer, and will become CEO at Reckitt on September 1.
Qualcomm – Qualcomm is running into opposition, as attempts to put an antitrust decision against the chipmaker on hold while it pursues an appeal. Both the Federal Trade Commission and Korea's LG Electronics registered their opposition, with LG saying it was worried it might be forced into signing what it calls another unfair patent licensing agreement.
Mattel – The toy maker rejected a second takeover offer from Bratz doll maker MGA Entertainment, according to emails that MGA CEO Isaac Larian shared with Reuters. Mattel's chief legal officer told Larian that the company's board felt that the latest proposal was not in the best interests of Mattel and its shareholders. MGA had first approached Mattel about a takeover in April 2018.
Tesla – CEO Elon Musk told the automaker's annual shareholder meeting that the company had a "decent shot" at a record quarter, as he sought to allay concerns about demand for Tesla's electric vehicles.
Marsh & McLennan – Marsh & McLennan was downgraded the "market perform" from "outperform" at Keefe Bruyette & Woods, with the firm citing valuation for its call on the insurer's stock.
Brinker International – The restaurant operator was upgraded to "outperform" from "market perform" at Telsey Advisory Group. Telsey points to potential upside from the Chili's parent from its partnership with restaurant delivery service DoorDash.