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
Saudi Aramco has 35-40 days of supply to meet contractual obligations, a source close to the matter told CNBC.Energyread more
Apple's fiscal fourth-quarter earnings report revealed the third straight quarter where year-over-year revenue declined, but Citi analyst Jim Suva said Wednesday that while the tech giant is facing headwinds that can spur investor worries, not all of them are necessarily bad.
In an interview on "Squawk on the Street," Suva told CNBC that while Apple has struggled to keep global prices steady in light of a strong U.S. dollar, "problems" like demand outpacing supply and a lag in releasing new computer products may not be major hurdles.
"We think that demand is outpacing supply simply because Apple is innovating, and we think that's an appealing characteristic," Suva said. "Whether supply catches up with demand, time will tell, but anytime you launch a new product and people want it, that's a good problem for Apple to have."
Suva also said that the company has "materially disappointed investors" by not updating its lineup of Mac computer products.
However, the analyst acknowledged that rumors circulating about Thursday's Mac event in Cupertino, California, where Apple is expected to announce news about its computer products, may quell that disappointment.
Suva's takeaway? "Simply, Apple wants to create the best user experience, have a lot of innovation out there, to get customers to be able to buy their product and stay on the Apple operating system," he said. "Basically, putting your whole life and wallet in the Apple community."
David Rolfe, chief investment officer of Wedgewood Partners, an Apple shareholder, has an even more optimistic outlook.
Appearing with Suva on "Squawk on the Street," Rolfe told CNBC that it's a good time for his firm to be a shareholder of the tech giant.
"Despite what Tim Cook has tried to do over the past couple of years, he probably can't please many on Wall Street, but as a shareholder, we're very pleased by the results and customers apparently are very pleased by these products," Rolfe said Wednesday.
Rolfe argued that, if Apple were a private company, "we might be popping champagne corks instead of maybe obsessing over next quarter or two," in reference to the record-breaking $16.1 billion in operating cash flow the company saw in the September quarter.
At a minimum, Rolfe said Apple can easily sell 200 million units per year over the next several cycles. That's why he is looking forward to the company's fiscal 2018, when the 10-year anniversary of the first iPhone release may cause, in Suva's words, a "super cycle."
"[It's] a great business to be in, and as shareholders, we remain very bullish going forward," Rolfe said.