Pinterest Inc forecast 2019 revenue in-line with Wall Street estimates, disappointing investors who had expected more from the stock - sending its shares down 16 percent. The online scrapbook company’s shares have risen 62% from its initial public offering price of $19 last month. The company expects full-year revenue between $1.055 billion and $1.08 billion, the mid point of which is slightly above analysts’ estimate of $1.06 billion, driven by average revenue per user (ARPU) in the United States.  Net loss narrowed to $41.4 million in the quarter ended March 31 from $52.7 million a year earlier.Excluding certain items, the company lost 32 cents per share.

Oil prices edged higher on Friday, extending gains into a fourth session as rising tensions in the Middle East stoked fears of potential supply disruptions.

Farfetch shares lost more than -10% Thursday, after the online luxury fashion retailer reported wider-than-expected loss for the first-quarter.  The company incurred an adjusted loss of -22 cents per share, worse than analysts’ anticipated -14 cents per share loss. However, revenue of $174.1 million came in higher than analysts’ estimates of $171.1 million.The figure also marked a +39% climb year-over-year . CEO Jose Neves mentioned launch of the Augmented Retail pilot in Chanel's new Paris boutique, and the entry of Farfetch on JD.com's platform as significant developments for the company in recent times. Despite the lower-than-expected earnings performance of Farfetch in the latest quarter reported, several investment bank analysts did not budge from their outlook.

A post-earnings selloff for Apple (Nasdaq: AAPL) caused the stock to fall almost 15% from its high on May 1 to its low on May 13.The upward move in the last few days has lifted the oscillators and caused the stochastic readings to make a bullish crossover. The Tickeron AI Trend Prediction Engine generated a bullish signal for Apple on May 13 with a confidence level of 61%.

The investment management arm of Goldman Sachs scaled back its “overweight” exposure to emerging market assets Thursday, amid rising trade tensions between the U.S. and China.

As trade tensions with the U.S. intensified, China sold off its Treasury holdings at the fastest pace in about two years during March. The largest foreign owner of U.S. debt reduced the level by just shy of $20.5 billion, a slight decrease that brought the total holdings down to $1.12 trillion. 

Electronic Arts’ fourth-quarter revenue beat analysts’ estimates. The video game company reported revenue of $1.238 billion for the quarter, compared to analysts’ estimates of $1.201 billion (based on FactSet poll).Diluted earnings per share of the company came in at 69 cents. Looking ahead, the developer/publisher of games such as The Sims 4, Apex Legends and Battlefield V predicts that its fiscal 2020 revenue would be $5.375 billion, which is higher than FactSet's consensus $5.172 billion expectation.

Goldman Sachs has agreed to acquire wealth management firm United Capital Financial Partners. Through the $750 million cash deal, Goldman hopes to bolster its wealth management business.The deal will allow more investors to access “the intellectual capital and investment capabilities of Goldman Sachs”, according to Solomon. The acquisition could potentially catalyze Goldman’s reach beyond its ultra-high net worth client group, and towards the affluent end of the masses - something that spells a potential growth opportunity in the long run for the company.

Walmart’s first quarter earnings surpassed analysts’ expectations, amidst strong same-store sales in the U.S. coupled with the retail giant ‘s burgeoning online business. The company’s earnings per share of $1.13 edged past analysts’ estimates of $1.02. It is the fastest first quarter growth for the company’s comparable store sales in 9 years. On the back of solid growth in its online grocery business and strong sales in its home and fashion segments, Walmart experienced a +37% year-over-year growth in its U.S. e-commerce sales in the first quarter. Walmart only seems to be getting more and more relentless in its e-commerce expansion goals.

General Electric (GE -0.5%) expects "very significant negative cash flow" from its core power plant business this year and does not anticipate large improvement in the unit's cash flow margins for at least three years, CFO Jamie Miller said today at a Goldman Sachs investor conference.

Nestle SA has entered exclusive negotiations to sell its skin health business to a consortium led by EQT Partners and Abu Dhabi’s ADIA in a deal worth 10.2 billion Swiss francs ($10.12 billion), it said on Thursday.

Cisco Systems (NASDAQ: CSCO) is up 2.5% postmarket after its fiscal Q3 results beat expectations with broad product revenue growth and double-digit gains in operating income.

Those two factors led to a selloff in a number of housing stocks and it caused the SPDR S&P Homebuilders ETF (NYSE: XHB) to fall sharply.The ETF did do something different from the rest of the market over the last three and a half months though—it formed an upward sloping trend channel. We see on the daily chart how the highs from February, April, and May form the upper rail while the low from March and the recent low form the lower rail.

Nektar Therapeutics (Nasdaq: NKTR) is a biopharmaceutical company that drugs for cancer, autoimmune diseases, and chronic pain.The company’s fundamental indicators are all over the place, but the stock has been trending lower since September. If we connect the closing high from September with intraday high from February, it creates a trend line that the stock just hit in the last few days.

When it comes to his position on the U.S.-China trade dispute, President Donald Trump is still playing the role of a riverboat gambler on a hot streak. Nearly a year ago, Trump was pressed, during a CNBC interview, to explain his aggressive tariff strategy both against China and other partners around the world.The S&P 500 was up nearly 5% for the year as of the July 20 appearance, and the large-cap index had risen 31% since his election victory in 2016.

Shares of Deckers have overall rose more than 4% to around $144 per share, with the stock generally rallying about 45% during the course of past year. The shoe line is gaining fast popularity among youngsters who now prefer to wear running shoes not just to the gym but all-day.Further, its partnerships with upcoming retailers like Engineered Garments and Outdoor Voices have also added visibility of the product to millennials. Recently rapper Kanye West was spotted wearing a Hoka boot and the image raked up online sales to another level.

A Federal Reserve projection on economic growth just weakened substantially, and expectations for a rate cut over the next eight months got a lot stronger. The Atlanta Fed’s closely watched GDPNow tracker is pointing to a 1.1% gain for the economy in the second quarter, according to a revision posted Wednesday.

Two days after going public, shares of Uber Technologies Inc. fell nearly 18% and the future didn’t look bright.Rival Lyft (LYFT) had a similar fate after its public offering in March. On the surface, it may not be as dismal as it appears, as both Uber and Lyft have been gaining popularity among riders.

The Trump administration plans to delay auto tariffs by up to six months, stopping itself for now from widening global trade disputes, four sources told CNBC.

Consumer and industrial activity in both the U.S. and China slowed in April, even before the world’s two biggest economies entered the latest phase of an escalating trade war that could take a bite out of global growth.