Bill and Melinda Gates Talk Trump, Under Armour International Sales Surge
Bill and Melinda Gates weigh in on the Trump administration in their annual letter. The couple outlines the 10 questions they're most commonly asked. It turns out people are most interested in hearing their views on the Trump administration. Bill Gates expressed concerns with the president's "America First" agenda. Melinda Gates wishes Trump would treat people with more respect. Plus, the Microsoft co-founder says he's hopeful social media companies like Facebook will adequately address its growing influence.
Under Armour saw a 47% surge in international sales last quarter. The company beat Wall Street expectations on earnings and revenue in its latest quarterly report. After a year of declining sales, this was welcome news for the Baltimore-based company.
High-end clothing retailer Nordstrom is shutting down all 13 stores in Canada and laying off 2,500 employees after failing to make a profit in America's neighbor to the north.
Costco shares fell in afterhours trading after the company saw total revenue fall slightly shy of Wall Street estimates while e-commerce sales tumbled 9.6%.
Alex Morris, chief investment officer with F/M Investments, joined Cheddar News to discuss near session highs in Thursday's trading despite soaring yields.
