Organizers claimed that nearly 2 million Hong Kong protesters took to the streets Sunday in a rally to demand the city's top official resign a day after she suspended — but...China Politicsread more
Heavy rains caused unprecedented delays in planting this year and contributed to record floods across the central United States.Agricultureread more
Stocks in Asia traded mixed on Monday as investors await a U.S. Federal Reserve meeting set to happen later in the week stateside.Asia Marketsread more
Although Cook did not mention companies by name, his commencement speech in Silicon Valley's backyard mentioned data breaches, privacy violations, and even made reference to...Technologyread more
In the survey, 66% of Democratic primary voters say they'd be enthusiastic or comfortable about Biden as their nominee to take on President Trump in the 2020 election. Just...Politicsread more
U.S. ambassador to Israel David Friedman called the gesture a "birthday present" to Trump, who turned 73 on Friday.Politicsread more
The outlook for Germany's economy and political stability are more uncertain than ever, writes Michael Ivanovitch.World Economyread more
Hong Kong democracy activist Joshua Wong walked free from prison on Monday after serving nearly five weeks for contempt of court, pledging to join a mass protest movement...China Politicsread more
The agreement, which is on the framework for the plan of adjustment, provide for more than a 60% average haircut for all $35 billion, a 36% haircut on pre-2012 general...Bondsread more
Target's registers were down on Saturday for several hours preventing customers from checking out.Retailread more
The newspaper wrote that Goldman's executive are hoping CEO David Solomon's changes to a firm that historically thrived in investment banking and trading will boost its...US Marketsread more
Check out the companies making headlines after the bell:
Shares of Uber jumped nearly 3% in extended trading after the ride-hailing company reported better-than-expected revenue its first quarterly report since going public earlier this year. The company reported a net loss of $1.01 billion and revenue of $3.10 billion. Wall Street had expected a net loss of $1.01 billion on revenue of $3.04 billion, according to Refinitiv consensus estimates.
Shares of Gap sank more than 11% after the retailer reported first-quarter earnings that fell short of expectations. Gap reported a 4% drop in same-store sales, wider than the 1.1% drop that was expected. The company reported earnings of 24 cents per share, 8 cents lower than expected, and revenue of $3.71 billion, $60 million lower than expected.
Ulta Beauty stock dropped 2% after the makeup retailer reported mixed first-quarter results. Ulta reported earnings of $3.26 per share, 19 cents higher than expected, but revenue of $1.74 billion, $10 million lower than expected. Comparable store sales were in line with expectations.
Nutanix stock plunged 15% after the software company posted weak quarterly results and revenue guidance for the upcoming fourth-quarter. The company expects a fourth-quarter loss of about 65 cents per share and revenue between $280 million and $310 million. Analysts had expected a loss of 49 cents per share for the coming quarter.
Nuntanix reported a third-quarter loss of 56 cents per share and revenue of $288 million, while analysts surveyed by Refinitiv projected a loss of 60 cents per share and revenue of $297 million.
Zuora lost a quarter of its market value after the cloud company gave weak guidance for the current fiscal year. The company said full-year revenue would fall between $268 million and $278 million, below the $291.1 million consensus estimate. Zuora reported a loss of 11 cents per share, versus Refinitiv's expected loss of 13 cents. Revenue fell practically in line with Wall Street expectations.
Shares of Williams-Sonoma surged 12% after the home goods retailer reported first-quarter earnings that surpassed analyst expectations. The company reported earnings of 81 cents per share, versus the 69 cents expected. Comparable sales jumped 3.5%, versus the expected 1.7% rise. Revenues were in line with estimates.
Shares of Dell Technologies dropped 3% after the computer software company reported mixed first-quarter results. Dell reported earnings of $1.45 per share on revenue of $22 billion, while analysts had expected earnings of $1.21 per share on revenue of $22.2 billion, according to Refinitiv consensus estimates.
Shares of Okta popped more than 6% after the cloud company reported a loss of 19 cents per share, better than Refinitiv's expected loss of 21 cents per share, and revenue of $125.2 million, higher than the expected $116.9 million.