These are the stocks posting the largest moves before the bell.Market Insiderread more
An oil processing facility at Abqaiq and the nearby Khurais oil field was attacked on Saturday.Marketsread more
"There is reason to believe that we know the culprit," Trump said in a post on Twitter.Politicsread more
An extended Saudi oil outage could push Brent crude prices north of $75 per barrel, Goldman Sachs warned clients.Marketsread more
As investors worry about oil supply, airline and cruise ship stocks are getting hit on Monday, while some energy stocks are shooting upward.Marketsread more
The trucking industry is worth hundreds of billions of dollars per year. Uber is going after this market with Uber Freight, an online platform that matches truckers with...Technologyread more
Brent crude surged by as much as 19.5% to reach $71.95 per barrel on Monday, the biggest intra-day jump since the Gulf War in 1991.Oilread more
U.S. stock futures are under pressure Monday as oil prices spike after Saturday's coordinated strikes on key Saudi oil interests.Marketsread more
In the past few weeks, the S&P 500 has waged a 6% rally, pulling within 1% of its late-July record high by Friday's close.Trading Nationread more
The strike, depending on its length, could easily cost GM hundreds of millions of dollars. The last time the union declared a strike at GM was in 2007.Autosread more
Consumers in the U.S. prefer Apple's more expensive models, while the standard iPhone 11 appears to be more attractive to buyers in China, according to Kuo.Technologyread more
Tech giant Samsung Electronics said it expects third-quarter operating profit grew 5.6 percent, beating estimates, as a pickup in chip and display earnings likely offset the impact of the Galaxy Note 7 smartphone recall.
In a brief regulatory filing, the world's biggest smartphone maker said on Friday July-September profit was likely 7.8 trillion won ($7 billion), compared with the 7.4 trillion won tipped by a Thomson Reuters StarMine SmartEstimate of analysts' forecasts. A year earlier operating profit was 7.4 trillion won.
Revenue for the quarter likely fell 5.2 percent to 49 trillion won, the South Korean firm said.
Samsung disclosed only overall estimates in its filing, and isn't scheduled to issue full results with details of how its business lines performed until late October. The firm made no comment in the filing on how much the Galaxy Note 7 recall might cost.
The filing also made no reference to how the company plans to respond to proposals submitted earlier this week by activist investor Elliott Management for a radical corporate makeover that would split the firm into a holding vehicle for ownership purposes and an operating company. The company said on Thursday it was "carefully reviewing" the proposals.
Analysts had lowered expectations Samsung's third-quarter earnings after it announced a global recall of at least 2.5 million Note 7s in 10 markets, including the United States and South Korea, due to faulty batteries causing some phones to catch fire. Some brokerages said the recall would cut Samsung's mobile profits by 1 trillion won or more.
A pickup for Samsung's components businesses likely helped cushion the blow, investors said ahead of the earnings guidance. Prices for memory chips are rising due to increased demand from smartphone makers such as Apple, likely leading to the semiconductor division's best operating profit in four quarters, some analysts said.