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CNBC's Jim Cramer said the forced unwind of Situational Awareness shows how borrowing money can quickly magnify losses and trigger forced selling.

Microsoft's gaming unit wants to invest in its Minecraft franchise and expand through partnerships, including in China.

The after-hours moves followed a powerful rally during Thursday's regular session, led by Microsoft.

The latest China Beige Book study found factory activity decelerated in July.

Morgan Stanley is the lead banker engaging in advanced talks to lend $15 billion to Nexus Data Centers, CNBC confirmed.

These are the stocks posting the largest moves in extended trading.

Coinbase's Thursday report marked its third straight quarter missing Wall Street's forecasts for revenue and earnings.

Amazon Web Services announced new business with Meta and OpenAI in the quarter.

Reddit reported second-quarter earnings that beat on the top and the bottom, and gave a revenue forecast that topped estimates.

Rivian reduced its 2026 spending plans and slightly narrowed its previously forecasted losses this year as the company reported second-quarter results.