to choose from a crowded field today, vying to succeed Mayor Rahm Emanuel. The ex-Obama official opted not to run for a third term. One of the leading candidates is former Clinton and Obama aide Bill Daley, whose father and older brother led the city. to hold Tesla CEO Elon Musk in contempt of court, saying he violated a settlement reached last year by tweeting about the automaker's projected production volumes last week. Tesla shares were lower in the premarket.
Etsy beat estimates by 11 cents with quarterly earnings of 32 cents per share. The online arts and crafts marketplace saw revenue beat as well. Etsy also issued strong 2019 revenue guidance. Shake Shack reported adjusted quarterly profit of 6 cents per share, doubling estimates. Revenue and same-restaurant sales also beat forecasts. However, the burger chain's forward guidance was largely below projections.
Hertz Global lost 55 cents per share in its latest quarter, nearly half the loss expected by analysts. The car rental company's revenue also beat forecasts, saying it had strong momentum going into 2019.Warren Buffett bought $114.75 in stock at age 11.
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