President Donald Trump said Monday he's in no rush to respond to a coordinated attack that hit Saudi Arabia's oil industry over the weekend.Marketsread more
The price of oil could go sharply higher, depending on the duration of the disruption at Saudi oil facilities and whether there is a military response.Powering the Futureread more
Energy stocks, one of the worst-performing sectors this year, spiked Monday after an attack on Saudi Arabia's heart of oil production Saturday sent oil prices soaring.Marketsread more
The Saudi-led military coalition battling Yemen's Houthi movement said on Monday that the attack on Saudi oil plants was carried out by Iranian weapons and did not originate...Oilread more
After a series of setbacks on the road to an initial public offering, the parent company of real estate start-up WeWork is delaying the move, sources told CNBC Monday.Technologyread more
"The United States military, with our interagency team, is working with our partners to address this unprecedented attack and defend the international rules-based order that...Politicsread more
Crude oil's spike following attacks on Saudi Arabia's energy supply has experts weighing whether or not the gains will last.ETF Edgeread more
"In the old days, the averages would've plunged on this kind of oil shock. I know because I've lived through a bunch of them, starting in 1973," Jim Cramer says.Mad Money with Jim Cramerread more
Traders in the fed funds futures market on Monday were pricing in a 34% chance that the Fed will stay put on rates.The Fedread more
The meeting comes amid months of stalled trade talks between Washington and New Delhi, resulting in both sides taking retaliatory measures.Asia Politicsread more
Gas prices could rise by about 20 cents per gallon "starting tomorrow," oil analyst Andy Lipow says Monday.Oil and Gasread more
The theme of Google's first quarter earnings call today was not the European charges looming over its head, nor the futuristic venture looming in its horizon. It was mobile.
Specifically, analysts wanted to know how Google planned to squeeze profits from handheld devices, where, the data has shown, rivals have supplanted some of Google's digital dominance.
Google spent the better part of the call arguing that it can. "So many commentators are incorrectly assuming that the growth trends in our sites, clicks and CPCs (cost-per-clicks) are primarily due to difficulties monetizing search on mobile," CFO Patrick Pichette said on the call. "But that's, in fact, not the case."
Some of those assumptions come from misreading the numbers, Pichette added. He made a point of clarifying that the rapid growth of YouTube's video ads had suppressed the growth in its central ad metric. Google telegraphed this message a bit, releasing laudatory numbers on YouTube's mobile viewership before earnings. On the call, Google also touted the potential of its recent changes to mobile search and its business selling smartphone ads based on location.
The clearest indication that mobile is a priority for Google's business, Pichette claimed, is that it's not just an obsession for Google's business people. "If you talked to every product manager at Google and leader at Google," he said, "they have [mobile] at the forefront of their thoughts."
Wall Street seemed to accept that logic. When after-hours trading finished, Google's stock was up 3.16 percent.
CNBC's parent NBC Universal is an investor in Re/code's parent Revere Digital, and the companies have a content-sharing arrangement.