A quarter of the S&P 500 companies report earnings next week, and that could buffet the market as investors await the July Fed meeting.Market Insiderread more
Iran's Revolutionary Guard claims a British tanker it still holds, Stena Impero, failed to follow international maritime rules.World Newsread more
Amazon hires Trump-allied lobbyist Jeff Miller as battle for Pentagon contract heats up.Politicsread more
In a series of tweets, the president addressed an unusual controversy stemming from a speech delivered Thursday by New York Fed President John Williams.Marketsread more
"You need to understand that we're about to embark on the busiest week of the year for industrial earnings," CNBC's Jim Cramer says.Mad Money with Jim Cramerread more
Boston Federal Reserve President Eric Rosengren is lining up against an apparent push to cut interest rates, telling CNBC in an interview Friday that the central bank can...The Fedread more
The MTA reported that the 1, 2, 3, 4, 5 and 6 trains are all facing delays due to a network communications issue impacting service in both directions, NBC New York reports.Transportationread more
Companies aren't waiting for the U.S.-China trade war to be resolved, says the head of the world's biggest money manager.Investingread more
US officials including Treasury Secretary Steven Mnuchin and White House economic adviser Larry Kudlow will host a meeting at the White House on Monday of semiconductor and...Technologyread more
Trump's constant berating of the Fed and its actions does not influence the central bank's decisions, Boston Fed's Eric Rosengren says.The Fedread more
The lawsuits allege J&J's talc-based baby powder contained asbestos and caused ovarian and other cancers.Health and Scienceread more
Check out the companies making headlines after the bell:
Shares of Adobe jumped nearly 3% during extended trading after the technology company reported $1.83 in adjusted earnings per share on $2.74 billion in revenue for the second quarter. Those figures topped consensus estimates for adjusted earnings of $1.78 per share on $2.70 billion, according to Refinitiv. The company also forecast third-quarter earnings of about $1.95 per share and $2.8 billion in revenue, below analyst projections for $2.05 in earnings per share and $2.83 billion in revenue.
U.S. Steel released guidance for the second quarter after the bell and saw its share price rise more than 1%. The Pittsburgh-based company expects adjusted earnings per share of $0.40.
La-Z-Boy's stock plunged 8% after the company reported fourth-quarter revenues below market expectations. The furniture manufacturer reported earnings of 64 cents per share on $454 million in revenue versus Refinitiv consensus estimates for earnings of 64 cents per share on $457 million in revenue, according to Refinitiv.
Additionally, La-Z-Boy CEO Kurt Darrow said it isn't clear if "the hangover of tariffs and geopolitical uncertainty" will continue to weigh on the company's performance.
Jabil rose 2% after its third-quarter revenue beat Wall Street estimates. The electronics manufacturer reported earnings of 57 cents per share on $6.14 billion in revenue, compared with Refinitiv consensus estimates for earnings of 57 cents per share and revenues of $6.01 billion.