Chinese officials are expected to be in Washington this week to hold consultations with the U.S. ahead of high-level trade talks in October.World Economyread more
The ballot comes at a precarious time for the country's longest serving prime minister, with the right-wing incumbent facing formidable challenges.World Politicsread more
Saudi Arabia's defense spending is the world's third-largest — behind the U.S. and China, says Gary Grappo, former U.S. ambassador to Oman.Energyread 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
The New York Times reported on Thursday that Obama is in advanced talks with Netflix to produce a series of shows that would be exclusive to the streaming giant.
GBH Insights reiterated its "highly attractive" rating for Netflix shares, citing optimism over the company's original content initiatives.
"With media reports indicating that former President Barack Obama is in advanced negotiations with Netflix to produce a series of high profile shows, we would characterize this as a 'home run' deal for the company as they are aggressively looking to acquire high profile talent and original content to further feed the Netflix consumer machine," head of technology research Daniel Ives wrote in a note to clients Friday.
Ives reaffirmed his $375 price target for Netflix shares, representing 18 percent upside to Thursday's close.
The analyst believes Netflix is an attractive distribution platform for Obama due its nearly 120 million subscribers. Ives said the company will spend $8 billion for content in 2018 with 30 percent to 35 percent of the budget set for original content.
"We believe Netflix remains in a unique position of strength to grow its content and distribution tentacles over the next 12 to 18 months and thus further build out its massive content and streaming footprint with a potential Obama deal the latest 'feather in its cap,'" he wrote.
Netflix shares were up 2.6 percent Friday morning.