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After-hours buzz: CARG, HPE, IBM & more

Chloe Aiello

See which stocks are posting big moves after the bell Tuesday.

  • Hecla Mining (HL) Looks Good: Stock Adds 6% in Session
    Finance
    Zacks

    Hecla Mining (HL) Looks Good: Stock Adds 6% in Session

    Hecla Mining Company HL was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. The stock picked up sharply from the near

  • Alibaba founder Jack Ma says the US-China trade war is 'going to be a mess' and could last 20 years (BABA)
    Finance
    Business Insider

    Alibaba founder Jack Ma says the US-China trade war is 'going to be a mess' and could last 20 years (BABA)

    The US and China trade war could last 20 years, Alibaba founder Jack Ma said. Ma made the remark after President Donald Trump ordered the US Trade Representative to impose fresh tariffs on $200 billion worth of Chinese goods. When commenting about his coming retirement, Ma says he has been prepared for it for over 10 years.

  • Julia Louis-Dreyfus Joins Over 200 High School Alumnae in Signing Letter Supporting Ford and Her Kavanaugh Allegations
    Politics
    Time

    Julia Louis-Dreyfus Joins Over 200 High School Alumnae in Signing Letter Supporting Ford and Her Kavanaugh Allegations

    More than 200 women who attended Christine Blasey Ford’s high school, including actress Julia Louis-Dreyfus, have signed a letter saying they believe the California professor’s allegations that Supreme Court nominee Brett Kavanaugh sexually assaulted her. Louis-Dreyfus tweeted Monday afternoon that she added her name to the letter, which was signed by alumnae of Holton-Arms, an all-girls college-prep school in Bethesda, Md. Louis-Dreyfus said she graduated from the private school in 1979. “We believe Dr. Blasey Ford and are grateful that she came forward to tell her story,” the letter reads.

  • China is on the brink of collapse: Art Laffer
    Business
    Fox Business Videos

    China is on the brink of collapse: Art Laffer

    Former Reagan economic adviser Art Laffer on the White House considering an additional $200 billion in tariffs on Chinese products entering the U.S.

  • Trump adviser eyes entitlement cuts to plug U.S. budget gaps
    Business
    Reuters

    Trump adviser eyes entitlement cuts to plug U.S. budget gaps

    A top economic adviser to President Donald Trump said on Monday he expects U.S. budget deficits of about 4 percent to 5 percent of the country's economic output for the next one to two years, adding that there would likely be an effort in 2019 to cut spending on entitlement programs. "We have to be tougher on spending," White House economic adviser Larry Kudlow said in remarks to the Economic Club of New York, adding that government spending was the reason for the wider budget deficits, not the Republican-led tax cuts activated this year.

  • U.S. gives rare earths reprieve in revised $200 bln China tariff list
    Business
    Reuters

    U.S. gives rare earths reprieve in revised $200 bln China tariff list

    The United States did not include rare earth elements, metals used in magnets, radars and consumer electronics, in its final list of tariffs on $200 billion of Chinese goods, underscoring its reliance on China for the strategic minerals. China is the world's largest producer of rare earths and the biggest supplier to the United States, according the U.S. Geological Survey.

  • Can Sonos Stock Bounce Back?
    Business
    Motley Fool

    Can Sonos Stock Bounce Back?

    You don't get a second chance to make a first impression, and it's safe to say that Sonos (NASDAQ: SONO) didn't get it right the first time. The maker of high-end wireless speakers has seen its stock plummet 22% over the past four trading days, taking

  • 3 of the Cheapest Pure-Play Marijuana Stocks
    Business
    Motley Fool

    3 of the Cheapest Pure-Play Marijuana Stocks

    Following years of debate, Canada's big day is just over a month away. As of Oct. 17, adults aged 18 or 19 and over (depending on the province) can legally purchase recreational marijuana in licensed dispensaries. This'll make Canada only the second country in the world and the first industrialized country to legalize adult-use weed.

  • Sears Holdings: The Pension Is Not the Problem
    Business
    Motley Fool

    Sears Holdings: The Pension Is Not the Problem

    Last Thursday, Sears Holdings (NASDAQ: SHLD) released another dreadful quarterly earnings report. Sears' net loss more than doubled to $508 million, while adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) fell to -$112 million from -$66 million a year earlier. Sadly, the poor results may not have been the most disturbing news out of Sears Holdings last week.

  • iOS 12 review: Apple's new iPhone software will make you use your phone better – and less
    Technology
    The Independent

    iOS 12 review: Apple's new iPhone software will make you use your phone better – and less

    Apple's new iPhone software, iOS 12, arrives today. It's an update fixed with little tweaks, minor improvements, subtle changes. But more importantly it's probably the first time that Apple has released an update that it hopes will stop you using your

  • MoviePass parent proposes another reverse stock split to avoid NASDAQ delisting
    Business
    American City Business Journals

    MoviePass parent proposes another reverse stock split to avoid NASDAQ delisting

    MoviePass parent Helios and Matheson Analytics Inc. has 13 weeks to boost its stock price or risk getting delisted from NASDAQ. The MoviePass parent wants to do another reverse stock split and has called a special stockholder meeting on Oct. 18 to vote on it, according to an SEC filing on Monday. The resolution, unanimously approved by the Helios (NASDAQ: HMNY) board, proposes a one-time reverse stock split of up to 1 share for 500 shares.

  • Saudi fund pumps $1B into Silicon Valley electric car maker
    Business
    Associated Press

    Saudi fund pumps $1B into Silicon Valley electric car maker

    Saudi Arabia's sovereign wealth fund invested more than $1 billion Monday in a Silicon Valley electric car maker just weeks after Tesla CEO Elon Musk earlier claimed the kingdom would help his own firm go private. Tesla stock dropped briefly Monday in reaction to the news, the same day that the Saudi fund announced it had taken its first loan, an $11 billion borrowing from global banks as it tries to expand its investments. It wasn't clear if that loan money played a part in the electric-car investment.

  • Brett Kavanaugh Can’t Be Trusted. We Know Because We Worked as Counsel to Senators When He Was in the Bush White House
    News
    Time

    Brett Kavanaugh Can’t Be Trusted. We Know Because We Worked as Counsel to Senators When He Was in the Bush White House

    The events of this weekend only make it clearer the Senate must not act in haste. At the very least, the Senate should not vote on his nomination until still-secret documents from his time in the George W. Bush White House are made public and until the sexual misconduct allegations that have just become public are thoroughly investigated. Kavanaugh’s nomination to the D.C. Circuit in July 2003 was highly controversial because of his role in very partisan matters, including judicial nominations.

  • Rite Aid Investors Got What They Wanted, Unfortunately
    Business
    Motley Fool

    Rite Aid Investors Got What They Wanted, Unfortunately

    Rite Aid (NYSE: RAD) investors may be experiencing non-seller's remorse. The company has taken a beating since announcing that it will not be merging with Albertsons. Rite Aid was set to combine its remaining assets with grocery store giant Albertsons in a new company generating $60 billion in annual sales, but there was plenty of vocal dissent.

  • 3 Semiconductor Stocks to Buy for the Long Haul
    Business
    InvestorPlace

    3 Semiconductor Stocks to Buy for the Long Haul

    If there is one group of stocks that best represents our times, it’s the semiconductor stocks. So far in 2018, the VanEck Vectors Semiconductor ETF (NYSEARCA:SMH), which measures the performance of this sector, is up 6.3%, against a 14% gain in the Nasdaq

  • AT&T’s Gone Hollywood, But Verizon Steals the Show
    Finance
    Bloomberg

    AT&T’s Gone Hollywood, But Verizon Steals the Show

    Since a judge gave the all-clear to AT&T’s $102 billion acquisition of Time Warner in June, the AT&T team led by CEO Randall Stephenson has started integrating its newly acquired TV networks and film business. Meanwhile, Verizon’s new CEO Hans Vestberg has prioritized investing in the company’s wireless network and downplayed the need for buying media assets. The opposing visions at two companies that used to be quite similar have sparked a debate over whether it’s more advantageous to be a narrowly focused business like Verizon or a conglomerate with control over both distribution and content. What we do know so far is that the spotlight on Time Warner is masking some of the deterioration at other parts of AT&T, specifically the DirecTV satellite operations that it’s owned since mid-2015.

  • Call of the day: Amazon
    Business
    Yahoo Finance Video

    Call of the day: Amazon

    Citi today reiterating its buy rating and $2250 price target on the online behemoth, but offers some interesting advice to Jeff Bezos and the board - that it should split up the company.

  • New Age Beverages Stock Soars on Coca-Cola Takeover Rumors
    Finance
    InvestorPlace

    New Age Beverages Stock Soars on Coca-Cola Takeover Rumors

    According to these rumors, Coca-Cola is considering taking control of the company. One thing to consider about the Coca-Cola rumors are other rumors concerning it and New Age Beverages. For example, it looks like NBEV is considering launching several drinks that include CBD oil, which is the non-psychoactive component of marijuana.

  • China's Stocks Sink to Lowest Level Seen in $5 Trillion Crash
    Business
    Bloomberg

    China's Stocks Sink to Lowest Level Seen in $5 Trillion Crash

    China’s sinking stock market reached an unwelcome milestone, with the Shanghai Composite Index closing at the lowest level since 2014, before a stock boom that turned into a $5 trillion bust.The Shanghai gauge dropped 1.1 percent to 2,651.79 at the close

  • Why This Tiny Marijuana Stock Is Soaring 14% Today
    Business
    Motley Fool

    Why This Tiny Marijuana Stock Is Soaring 14% Today

    After reporting that it has received a confirmation-of-readiness letter from Health Canada regarding its filing to become a licensed marijuana extracts producer under Canada's Access to Cannabis for Medical Purposes Regulations (ACMPR), shares in marijuana upstart Neptune Technologies (NASDAQ: NEPT) (TSX: NEPT) are jumping 14% at 2 p.m. EDT on Monday. Neptune Technologies is in the midst of a transformation that will leverage its 50-year track record in nutraceuticals to provide marijuana extraction solutions to the cannabis industry.

  • China's arsenal in US tariff row shrinks but it has other weapons
    Business
    AFP

    China's arsenal in US tariff row shrinks but it has other weapons

    With Donald Trump now planning to hit roughly half China's exports with higher tariffs, Beijing finds itself outgunned as it imports far less from the United States and cannot fire back dollar-for-dollar. Trump said Monday he would impose 10 percent tariffs on $200 billion of Chinese goods from September 24, adding to levies already put on $50 billion of products in the summer. The US imported around $500 billion worth of goods from China last year.

  • Why Tilray, Inc. Is Roaring Back Today
    Business
    Motley Fool

    Why Tilray, Inc. Is Roaring Back Today

    What happened Shares of Tilray, Inc. (NASDAQ: TLRY) were up 10.8% as of 3:21 p.m. EDT on Monday following a double-digit percentage drop on Friday. Tilray's big bounce back came as a result of a report by BNN Bloomberg TV that Coca-Cola is in discussions

  • Business
    InvestorPlace

    AMD Stock Is on Fire, and a $40 Share Price Looks Reasonable

    Chipmaker Advanced Micro Devices (NASDAQ:AMD) has been on a tear for the past several months, and the stock refuses to cool off. Every day, it seems like analysts are upgrading AMD stock and/or somebody in the media is saying something positive about market share gains.

  • Coke eyes cannabis-infused drink market
    Business
    Reuters

    Coke eyes cannabis-infused drink market

    Coca-Cola announced its interest in a statement on Monday, responding to a report from BNN Bloomberg that said it was in talks with Canada's Aurora Cannabis Inc to develop drinks infused with cannabidiol (CBD), the non-psychoactive chemical found in marijuana. Coke would join a rush by major alcohol makers and a cigarette company to test the cannabis market and find partners ahead of the Oct. 17 launch of legal recreational marijuana in Canada. Coke and Aurora, in separate statements, each said they were interested in cannabidiol-infused beverages but would not comment on any specifics or talks.

  • Time To Cash Out Your Chips on AMD Stock
    Business
    InvestorPlace

    Time To Cash Out Your Chips on AMD Stock

    Shares of Advanced Micro Devices (NASDAQ: AMD) have certainly been on a major bull run in 2018. AMD stock is now up over 200% year to date, far outpacing gains for tech stocks generally.  While the new second generation Ryzen high-end chips have been well received, the stock gains are beginning to far outpace any semblance of sanity. Advanced Micro is certainly no bargain on either an actual or comparative valuation basis.