Chinese trade negotiators suddenly canceled a visit to meet U.S. farmers after they wrapped up trade talks in Washington this week.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
President Trump also said he is "not looking for a partial deal" with Beijing, moving away from his suggestion last week that he would consider an "interim deal."Politicsread more
Progress on trade talks will determine how far market will move above new highs.Trader Talk with Bob Pisaniread more
"Sure, the trade war's taking its toll on business ... it's just not taking its toll where it was supposed to," Jim Cramer says.Mad Money with Jim Cramerread more
Joe Biden called on President Donald Trump Friday to release the transcript of a call with a foreign leader that is the subject of a whistleblower complaint. Biden described...Politicsread more
For investors taking a breather from the chaos in August, buckle up as the market is about go crazy again, Goldman Sachs warned.Marketsread more
Palantir Technologies is targeting a valuation of at least $26 billion in a private fundraising round, the first for the Peter Thiel-backed data analytics startup in four...Wall Streetread more
Michael Pack, a conservative filmmaker linked to Steve Bannon, saw at least $1.6 million in donations from his nonprofit sent into the coffers of his independent production...Politicsread more
The New England Patriots released Antonio Brown just 11 days after signing the wide receiver. The NFL Super Bowl champion team initially had kept him in the face of a rape...Sportsread more
A tour bus carrying Chinese-speaking tourists crashed near a national park in southern Utah, killing at least four people and critically injuring up to 15 others, authorities...U.S. Newsread more
Check out the companies making headlines before the bell:
General Electric – GE reported adjusted quarterly profit of 17 cents per share, 5 cents a share above estimates. Revenue also beat forecasts, and the company boosted its full-year outlook. GE saw ongoing weakness in its power business, but aviation, oil and gas, and renewable energy revenue grew. Separately, GE announced the impending departure of CFO Jamie Miller, who will stay on until a replacement is found.
Spotify – The music streaming service posted a wider-than-expected loss for its latest quarter, but revenue exceeded estimates. Spotify also reported a 29% jump in monthly active users and a 30% increase in premium subscribers compared to a year ago, although some subscriber metrics were below analysts' forecasts.
Garmin – The GPS device maker beat estimates by 15 cents a share, with adjusted quarterly profit of $1.16 per share. Revenue also beat forecasts, and Garmin raised its full-year earnings and sales guidance amid improvement in all four of its segments.
Molson Coors – The beer brewer fell 13 cents a share short of estimates, with adjusted quarterly profit of $1.52 per share. Revenue also missed Wall Street forecasts, hurt by unfavorable weather and weak industry demand.
Humana – The health-care company earned an adjusted $6.05 per share for its latest quarter, beating the consensus estimate of $5.31 a share. Revenue also topped forecasts, and Humana raised its full-year earnings guidance on strength in its Medicare Advantage health plan business. Separately, the company announced it will buy back $1 billion in stock from a third party financial institution.
Carlyle Group – The private-equity firm announced it would convert from a publicly traded partnership to a C-corporation effective January 1. It's the latest PE firm to do so, following rivals like Blackstone, KKR, and Apollo.
ADP – The payroll processing company beat forecasts by a penny a share, with adjusted quarterly profit of $1.14 per share. Revenue also exceeded analysts' estimates.
Apple – Apple reported quarterly profit of $2.18 per share, 8 cents a share above estimate. Revenue beat forecasts as well. The better-than-expected results came despite a 12% decline in iPhone sales during the quarter.
Gilead Sciences – Gilead beat estimates by 10 cents a share, with adjusted quarterly profit of $1.82 per share. Revenue also came in above estimates. The drugmaker's bottom line got a boost from improved sales of HIV treatments. Gilead also raised its full-year sales forecast.
Amgen – Amgen earned an adjusted $3.97 per share for its latest quarter, compared to a consensus estimate of $3.59 a share. The biotech giant's revenue also came in above estimates, as sales of newer drugs helped offset a drop for its older treatments that have gone off patent.
Mondelez – Mondelez matched estimates with quarterly earnings of 57 cents per share, with the snack maker's revenue slightly above Street forecasts. Mondelez raised its 2019 forecast for organic sales, and also announced a 10% increase in its quarterly dividend.
Electronic Arts – EA reported adjusted quarterly profit of 19 cents per share, compared to a consensus estimate of 1 cent per share. The video game publisher's revenue also came in above Street forecasts. EA got a boost from the success of its "Apex Legends" game, which helped drive a nearly 20% increase in revenue from the company's live services.
FireEye – FireEye lost 1 cent per share for the second quarter, surprising analysts who had expected a 1 cent per share profit for the cybersecurity firm. Revenue came in above estimates, but operating expenses were up more than 7%. The company cut its full-year guidance, as it continues its transition to a subscription based model.
Advanced Micro Devices – AMD reported in-line profit of an adjusted 8 cents per share for its second quarter, with the chip maker's revenue essentially in line. AMD warned, however, that third-quarter revenue would be below analysts' projections as gaming console chip demand falls.
Yum China – Yum China beat estimates by 7 cents a share, with quarterly profit of 46 cents per share. The restaurant operators revenue was slightly below forecasts, however, and Yum China said it expected sales growth to "moderate" going forward.