Chinese officials will be in Washington on Wednesday to hold consultations with the U.S. ahead of high-level trade talks in October.World Economyread more
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
GoPro reported quarterly results that beat analysts' expectations on Thursday.
Here's how the company did compared to what Wall Street expected:
In the year ago quarter, GoPro reported adjusted earnings of 52 cents a share on revenue of $220.8 million. Its revenue is up 34 percent year-over-year. For the second quarter, over 50 percent of GoPro's revenue was generated from markets outside of the U.S.
The stock soared 17 percent in premarket trading Friday. The stock has fallen more than 4 percent so far this year.
CEO Nicholas Woodman said GoPro's strong results were driven by a combination of strong demand and cost saving measures.
Woodman also said the company is on track to return to profitability by the end of 2017.
For the third quarter, GoPro expects a loss of between a penny a share and 11 cents a share on revenue of between $290 million and $310 million.
Analysts had projected a third-quarter loss of 12 cents a share on revenue of $278.5 million.
GoPro's new products are on track to launch later this year, the CEO said.
In July, GoPro began shipping units of its Fusion camera to professional production teams as part of a pilot program. The company said the product allows users to capture "fully immersive virtual reality content."
Last week, the company launched Quikstories, an editing app that lets GoPro users create shareable videos.
Last quarter, shipments missed expectations, partially due to some failed product launches.
GoPro has also instigated company-wide restructuring efforts over the past year, including hundreds of job cuts and a shutdown of the entertainment division.