The attacks come after state and local ransomware attacks in New York, Louisiana, Maryland and Florida resulted in the loss of significant sums.Technologyread more
Stocks are bouncing higher but could be trapped in a range longer term, until there's a resolution of the trade wars.Market Insiderread more
Powell will have the opportunity if not to walk back the "midcycle" assessment then to at least provide some further explanation about what it means.Economyread more
The report comes as Trump in recent days has lashed out over media reports about growing recession fears.Politicsread more
The Business Roundtable, led by Jamie Dimon, gives a new definition of the "purpose of a corporation."Marketsread more
Tilman Fertitta told CNBC on Monday that he is doing things in a "very conservative way" amid fears of a recession.Marketsread more
Saudi Aramco sent a request for proposal to several banks, people familiar with the matter told CNBC on Monday.Marketsread more
Twitter and Facebook have suspended accounts believed to be tied to a state-backed disinformation campaign originating from inside China.Technologyread more
Leaked documents from Google give fresh ammo to conservative lawmakers who have already accused Google and other tech companies of political bias.Technologyread more
J.P. Morgan estimates the average annual tariff cost per household will be $1,000 with the new round of Trump's tariffs.Marketsread more
Stasior left Apple earlier this year. Prior to his time in charge of Siri, he was a top executive at Amazon.Technologyread more
Check out the companies making headlines after the bell:
Shares of Shake Shack climbed as much as 6.35% in after-hours trading after the restaurant chain beat Wall Street's estimates for its second-quarter earnings and raised its guidance for the year. The company reported adjusted earnings per share of 27 cents on revenue of $152.7 million, beating the earnings per share of 23 cents on revenue of $149.8 million analysts polled by Refinitiv had been expecting. Shake Shack raised its 2019 guidance to between $585 million and $590 million, versus the estimated $591 million. Shake Shack noted "digital channels, including delivery, were a key contributor to these results." The company also announced this morning that it is teaming up with GrubHub for nationwide delivery.
Marriott International fell 2.1% after the hotel chain's second-quarter revenue missed estimates. The company reported adjusted earnings per share of $1.56 on revenue of $5.31 billion. Analysts had expected earnings per share of $1.56 on revenue of $5.50 billion, according to Refinitiv.
Take-Two Interactive Software climbed 7.4% after the video game company raised its full-year revenue forecast on the success of its games NBA 2K, Grand Theft Auto V and Red Dead Redemption 2. The company raised its full-year forecast to between $2.60 billion and $2.70 billion in adjusted revenue, topping its prior forecast $2.50 billion to $2.60 billion. This is in line with the $2.65 billion estimated by analysts polled by Refinitiv. Take-Two reported first-quarter revenue of $422 million versus the $357 million estimated.