"The president is right to make this the center point of the rising and sustained trade conflict," says Sen. Chris Coons.Politicsread more
"We're gonna take this meeting by meeting. We're not on a preset course," Clarida told CNBC's Sara Eisen during an interview Friday on "Squawk on the Street."The Fedread more
More than 400 Chinese products will be temporarily exempted from tariffs that President Donald Trump's administration imposed last year.China Economyread more
"I feel like I've contributed all I can to this primary election," he told MSNBC's "Morning Joe." "And it's clearly not my time. So I'm going to end my presidential campaign."2020 Electionsread more
The United Auto Workers union and General Motors are making progress on their labor contract talks, however there remain "many" outstanding issues, according to a union leader...Autosread more
Democratic presidential candidate Elizabeth Warren has been given more than one opportunity over the past two weeks to clarify her response to a key question about her...Politicsread more
Apple will get a taste of whether upgraded features on the new iPhone 11 are enough to lure shoppers to retail stores around the world as the new smartphones officially hit...Technologyread more
James Bullard said he dissented on this week's Fed decision to lower rates by a quarter percentage point because he didn't think the cut was big enough.The Fedread more
Joshua Harris, Apollo Global Management's co-founder, has a message for private equity's naysayers in Washington.Delivering Alpharead more
Roku shares have more than quadrupled this year, but the stock has had some rocky days of late as more players jump into streaming.Technologyread more
Two sites were hit Saturday — the Abqaiq and Khurais oil facilities — which took out 5.7 million barrels per day of oil production.World Politicsread more
Check out the companies making headlines after the bell:
Shares of RealReal surged 12.7% in after-hours trading after announcing a smaller-than-expected second quarter loss as revenue surged. The luxury consignment company reported an adjusted second-quarter loss of 28 cents per share on revenue of $71.0 million. Analysts had expected a loss per share of 33 cents on revenue of $70.1 million, according to Refinitiv. Both active buyers and orders increased 40% since the second quarter of last year, according to the company's press release. Julie Wainwright, CEO and founder of RealReal, said the company drove marketing leverage and strategic initiatives in the second quarter.
Tilray dropped 7.2% after the cannabis company announced a wider-than-expected second-quarter loss. The company reported an adjusted loss per share of 32 cents on revenue of $45.9 million. Analysts had expected a loss per share of 25 cents on revenue of $41.1 million, according to Refinitiv. Tilray reported increased operating expenses from growth initiatives.
Shares of Myriad Genetics plummeted 16% after the molecular diagnostic company announced disappointing second-quarter earnings. The company reported fourth quarter adjusted earnings per share of 41 cents on revenue of $215 million. Analysts had expected earnings per share of 47 cents on revenue of $221 million. Mark Capone, president and CEO of Myriad, said revenue missed expectations for the fourth quarter due to lower reimbursement for its expanded carrier screening test.
Adaptive Biotechnologies fell by more than 10% after the company posted its first quarterly report since going public. The company posted a loss per share of $1.23, larger than the loss of $1.01 a share a year earlier. Adaptive also reported revenue of $22.1 million, above the $19.3 million consensus estimate from Refinitiv. CEO Chad Robins said the company is progressing on "near-term product applications across our life sciences research, clinical diagnostics, and drug discovery businesses."
Qualcomm named Mark McLaughlin as its new board chairman. McLaughlin previously served as chairman and CEO of Palo Alto Networks. He will replace Jeff Henderson, who will remain on the board. The stock was little changed.