CompaniesBIO

A logo of Meta Platforms Inc. is seen at its booth, at the Viva Technology conference dedicated to innovation and startups, at Porte de Versailles exhibition center in Paris, France June 17, 2022. Benoit Tessier | Reuters Check out the companies making headlines after the bell :  Meta Platforms — The Facebook parent plunged more than 13% after missing earnings estimates for the third quarter. Meta beat revenue estimates, posting a better-than-expected decline year-over-year but shared disappointing guidance for the fourth quarter. Ford Motor — Ford Motor shares dipped 1.1% in postmarket trading despite surpassing estimates on the top and bottom lines. The automaker took a $2.7 billion noncash writedown on its Argo AI venture, which resulted in an $827 million net loss. ServiceNow — The software stock soared 12.4% postmarket as earnings per share came in 12 cents ahead of Wall Street expectations. Other cloud stocks also rose in extended trading, including Arista Networks, which add...

A logo of Meta Platforms Inc. is seen at its booth, at the Viva Technology conference dedicated to innovation and startups, at Porte de Versailles exhibition center in Paris, France June 17, 2022. Benoit Tessier | Reuters Check out the companies making headlines after the bell :  Meta Platforms — The Facebook parent plunged more than 13% after missing earnings estimates for the third quarter. Meta beat revenue estimates, posting a better-than-expected decline year-over-year but shared disappointing guidance for the fourth quarter. Ford Motor — Ford Motor shares dipped 1.1% in postmarket trading despite surpassing estimates on the top and bottom lines. The automaker took a $2.7 billion noncash writedown on its Argo AI venture, which resulted in an $827 million net loss. ServiceNow — The software stock soared 12.4% postmarket as earnings per share came in 12 cents ahead of Wall Street expectations. Other cloud stocks also rose in extended trading, including Arista Networks, which add...

Christopher Waller, U.S. President Donald Trump's nominee for governor of the Federal Reserve, speaks during a Senate Banking Committee confirmation hearing in Washington, D.C., U.S, on Thursday, Feb. 13, 2020. Andrew Harrer | Bloomberg | Getty Images Federal Reserve Governor Christopher Waller on Friday echoed recent sentiments from his colleagues, saying he expects a big interest rate increase later this month. He also said policymakers should stop trying to guess the future and instead stick to what the data is saying. related investing news Tough Fed rate talk pushes Wall Street economists into expecting a big hike this month Jeff Cox 20 hours ago Cathie Wood calls for a significant Fed policy pivot in three to six months, says deflation looms Yun Li a day ago "Looking ahead to our next meeting, I support another significant increase in the policy rate," Waller said in remarks prepared for a speech in Vienna. "But, looking further out, I can't tell you abou...