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Microsoft Corp. founder Bill Gates said technology companies such as Apple Inc. should aid law enforcement in specific cases involving terrorism. The comments, made by Gates during an interview with the Financial Times that published Tuesday, are a departure from the wide support the iPhone maker has seen from both industries and consumers in its standoff with the Federal Bureau of Investigation. Gates dismissed the idea that the government’s request for a “back door” to open one of the San Bernardino shooter’s iPhones would set a wide precedent. “This is a specific case where the government is asking for access to information. They are not asking for some general thing, they are asking for a particular case,” he said. He said it was no different from a situation where officials would need information from a phone company or a bank.

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Shares of Chegg Inc. skidded in Monday’s extended session after the online textbook vendor issued a disappointing revenue outlook for the current quarter. Chegg reported its fourth-quarter earnings rose to $3.63 million, or 4 cents a share, from $1.69 million, or 2 cents a share, a year earlier. Revenue fell to $68.2 million, compared with $72.1 million projected by analysts in a FactSet survey. For the full year, the company reported a loss of $59.2 million on revenue of $301.4 million. For the first quarter, Chegg forecast revenue in a range of $60 million and $65 million, below analysts’ estimate of $75.2 million. Chegg slumped more than 23% in after-hours trading.

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Sen. Claire McCaskill said Monday she has been diagnosed with breast cancer. McCaskill, a Missouri Democrat, said in a statement that her prognosis is good “and I expect a full recovery.” The senator said she would be in St. Louis for the next three weeks for treatment but that her staff will continue to assist constituents.

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Sen. Claire McCaskill said Monday she has been diagnosed with breast cancer. McCaskill, a Missouri Democrat, said in a statement that her prognosis is good “and I expect a full recovery.” The senator said she would be in St. Louis for the next three weeks for treatment but that her staff will continue to assist constituents.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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Shares of Fitbit Inc. tanked in Monday’s extended session after the maker of wearable fitness-tracking devices posted outlooks for the current quarter and the full year that were significantly below Wall Street’s expectations. Fitbit reported its fourth-quarter earnings rose to $64.2 million, or 26 cents a share, from $39.2 million, or 19 cents a share, a year ago. On an adjusted basis, the San Francisco company would have earned 35 cents a share. Revenue nearly doubled to $711.6 million from $370.2 million. Analysts surveyed by FactSet had projected earnings of 25 cents a share on revenue of $649 million. Fitbit expects first-quarter adjusted earnings per share of break even to 2 cents in the current quarter and $1.08 to $1.20 for 2016. Analysts are projecting first-quarter EPS of 23 cents and full year EPS of $2.15. Fitbit also forecast first-quarter revenue in a range of $420 million to $440 million and $2.4 billion to $2.5 billion for the full year, compared with the Street’s estimate of $484 million in the first quarter and $9.36 billion for 2016. Fitbit shares slumped 13% in after-hours trading.

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U.S. stocks closed sharply higher Monday, with the Dow industrials gaining more than 200 points, as surging oil prices supported previously battered energy shares. The S&P 500 gained 27.71 points, or 1.4%, to 1,945.49. The Dow industrials rose 228.53 points, or 1.4%, to 16,620.52. The Nasdaq Composite finished 66.18 points, or 1.5%, higher at 4,570.61.

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Uber Technologies Inc. said it will be holding a conference call Monday afternoon to address questions about a driver who reportedly shot eight people, killing six, in Kalamazoo, Mich. Saturday night. The suspect, Jason B. Dalton, was charged Monday with six counts of murder. Dalton did not have a criminal record before this incident, according to The Wall Street Journal.

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