Chinese government announces slower growth target for 2019

Results topped expectations, but Bernstein thinks investors have very high standards for software stocks after big run ups

Shares of Autodesk Inc. ADSK, +1.40% rose in Thursday’s extended session after the software company posted fourth-quarter earnings that beat Wall Street’s estimates even though it released a weak outlook for the current quarter.

Sotheby’s BID, +7.39% reported Thursday a fourth-quarter profit and revenue that rose above expectations.

VMware Inc. VMW, +3.60% shares rose 3% in the extended session Thursday after the company beat revenue expectations.

Tesla stock falls after Musk says company likely won’t turn a profit this quarter

Chinese streaming giant Bilibili Inc. BILI, +6.19% shares rose 2.7% in the extended session Wednesday after the company beat earnings expectations.

Box Inc. BOX, -24.32% shares dropped in the extended session Wednesday after the cloud-storage company’s outlook fell well short of Wall Street expectations.

Square Inc. SQ, -6.71% shares were down 6.1% in after-hours trading Wednesday after the payment-processing company posted an earnings beat but delivered a mixed outlook. 

Fed chief testifies in front of the House Financial Services Committee