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 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.