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
Intel shares fell in extended trading on Tuesday after the company gave slightly disappointing revenue guidance, despite reporting earnings that beat analyst estimates.
Intel said it expects $15.7 billion in revenue for its fourth quarter. Analysts had forecast revenue of about $15.87 billion, according to a FactSet consensus estimate.
The stock dropped more than 3 percent in extended trading.
The company reported adjusted third-quarter earnings of 80 cents per share on $15.78 billion in revenue. Analysts expected the chipmaker to report profits of 73 cents per share on revenues of $15.58 billion, according to a Thomson Reuters consensus estimate.
Executive Vice President Stacy Smith told CNBC's "Closing Bell" that revenue guidance is lower in the fourth quarter primarily because of start-up costs for the company's next-generation manufacturing processor.
CEO Brian Krzanich said that Intel's third-quarter results were driven by the company's transformation to new business like cloud services.
"We're executing well, and these results show Intel's continuing transformation to a company that powers the cloud and billions of smart, connected devices," he said in his statement.
In a conference call, Krzanich said the PC market is a "bit stronger." He said the company saw its strongest growth in business PCs, or the non-consumer segment of the market. He added the consumer segment is "better but not back to where we would like to see."
Intel saw record revenue in its data center business and Internet of Things segments, bringing in $4.5 billion and $689 million in revenue, respectively. The data center segment saw its revenue grow 10 percent year over year, while revenue from the Internet of Things group surged 19 percent from the comparable year-ago period.
In April, Intel announced its plan to cut 12,000 jobs, or roughly 11 percent of its workforce, by 2017 as part of a restructuring initiative. CEO Krzanich said during last quarter's earnings conference call that the legacy tech company is "solidly on track" to complete its goal.
On Tuesday, Intel said it had already seen $1.8 billion in total restructuring and other charges to date. It expects another $250 million during the current quarter.
Correction: Intel reported 80 cents per share on adjusted earnings. An earlier version misstated that figure.