These box office numbers do not include the cost of production or marketing costs. They also don't count the billions in merchandising that Disney has made over the last...Entertainmentread more
Instagram began tests that hide "like" counts on posts. That means influencers who market products on Instagram will have to rely on different metrics to show success.Technologyread more
Peter Neupert worked for Microsoft and Amazon-backed Drugstore.com, where he got to know Jeff Bezos. He now advises start-ups.Technologyread more
Last week shows that oil prices are not the indicator for Middle East tensions they once were, and worries about global demand and growing U.S. production has changed that...Market Insiderread more
Facebook Vice President David Marcus is the face of the company's Libra digital currency, but the original driving force was a 26-year-old female corporate-development...Technologyread more
The firing of the tear gas was the latest confrontation between police and protesters who have taken to the streets for over a month to fight a proposed extradition bill and...China Politicsread more
Amazon's new policy for account suspensions doesn't go far enough to protect sellers from potentially unfair and wrongful suspensions, merchants say.Technologyread more
There is no end in sight to the Boeing 737 Max grounding after two fatal crashes, prompting airlines to rethink their growth plans.Airlinesread more
After a year of flooding, Midwest farmers face a stifling heat wave that's spreading across the U.S.Weather & Natural Disastersread more
Gluskin Sheff's David Rosenberg is painting a painful picture for stocks as earnings season goes into full gear.Futures Nowread more
Rossello is facing public furor over an obscenity-laced online chat that showed the governor and his close advisers insulting women and mocking constituents, including victims...Politicsread more
Here's how to get the most bang for your buck if oil embarks on an aggressive rebound from five-year lows after the OPEC nondecision wipeout.
Recent history shows that every time the price of oil spikes more than 9 percent over a 30-trading-day period, oilfield service companies, in particular, have benefited the most.
FMC Technologies had the highest median gain of 6.73 percent, with 72.73 percent of trades positive, according to CNBC analysis using Kensho, a powerful quantitative tool used by hedge funds. Halliburton traded positive with the same frequency, with a slightly lower median return of 6.11 percent.
"We believe that OPEC's decision will allow the market to determine the price and will spur increased demand in 2015, which will ultimately lead to price increases during the year," said James West, senior managing director and partner at Evercore ISI, which has a "buy" rating on Halliburton.
Evercore ISI's head of energy research, Doug Terreson, expects Brent crude to average $90 a barrel in 2015, and West Texas Intermediate roughly $5 below that.
Crude oil settled up 4.3 percent at $69 on Monday, its best one-day gain since August 2012. The rally recaptured part of oil's 10.2 percent plunge on Friday after the OPEC meeting.
Last Thursday, the 12-member oil cartel announced it would hold its output target at 30 million barrels per day, triggering a sharp decline in oil prices. The decision surprised some market professionals, who had forecast that Saudi Arabia would push through a cut.
To be sure, this comeback after the OPEC meeting may not stick. Oil rallied 11 percent following an OPEC meeting in 2008. But the organization cut production then.
Three times before that, OPEC tried to cut production in order to support plummeting prices and the market ignored it, falling more than 10 percent and as much as 33 percent in the month after each of those meetings.
Peter Cardillo, chief market economist at Rockwell Global Capital, was surprised at OPEC's decision and expects the cartel to cut production if oil breaks $50.
At that level, he said even "Saudi Arabia would be vulnerable and would have to change its tone."
Disclosure: CNBC's parent NBCUniversal is a minority investor in Kensho.