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
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
Blackstone Executive Vice Chairman Tony James says he's less optimistic now than before that the U.S.-China trade war could be resolved, but even a smaller deal could help...World Economyread more
Check out the companies making headlines after the bell:
Shares of Oracle dipped as much as 5% during extended trading after the company's CEO, Mark Hurd, announced a medical leave of absence and $15 billion stock buy back. Founder and Executive Chairman Larry Ellison said in a statement that he and Safra Catz, who also has the title of chief executive officer, will cover Hurd's responsibilities during his absence. The tech giant, meanwhile, posted less-than-stellar first quarter earnings results a day earlier than expected. Oracle reported adjusted earnings per share of $0.81, matching Wall Street's consensus estimate, according to Refinitiv. Oracle reported revenue $9.22 billion, which missed the $9.29 billion forecast by analysts polled by Refinitiv.
Aurora Cannabis shares tanked more than 9% after the company posted weak earnings guidance and a large fourth quarter revenue miss. The cannabis producer reported revenue of CA$98.9 million compared to a Refinitiv consensus estimate of CA$108.3 million. The company did not report its earnings per share, and its GAAP EPS of $0 is unlikely to be comparable to estimates.
Shares of Chesapeake Energy Corp. fell 1% as news of a selloff in crude oil prices continued to hurt the company's stock. The selloff followed a report suggesting President Trump was considering easing sanctions on Iran as a good-will gesture to Iranian President Hassan Rouhani.
DXC Technology's shares plunged more than 6% following the announcement that Mike Salvino will take over as President and CEO. Mike Lawrie, who is leaving the post, will continue his tenure as board chair until the end of the year.