After Hours

Market Sours On Tesla's "Phantom" Beat, Stock Slides

Tesla shares have quickly given up all gains from the better-than-expected earnings as the sell-side awaits more clarity on the cost and capital raise plans. One analyst specifically took aim at the fourth quarter results, calling out the beat as "phantom" given the exclusion of the SolarCity acquisition from consensus estimates.

Mexicans Vow To Fight Trump By "Jamming US Courts" As Deportations Set To Surge

In response to the launch of deportations of illegal aliens following Trump's executive order, influential Mexicans are pushing an aggressive - and risky - strategy to fight the increase in deportations of their undocumented peers in the U.S.: "jam U.S. immigration courts in hopes of causing the already overburdened system to break down", as the Mexican government warns citizens to "take precautions."

Disney, Gilead, Mondelez All Slide After The Bell

In today's trifecta of after hours earnings results, all three behemoths representing different key parts of the US economy, stumbled after either missing expectations, or guiding lower.

Amazon Tumbles: Misses Revenues, AWS Disappoints, Guides Lower

Jeff Bezos magic may be running out, because one quarter after the stock plunged when the company missed earnings (with revenues in line) and guiding lower, moments ago AMZN did a twofer, and despite beating the bottom line, it posted a big miss on the top line, guided lower and disappointed on AWS results. As a result, the reason why Amazon is tumbling some 4% after hours.