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
"The stock's recent run-up fails to reflect that a higher price paid for Fox's Entertainment assets would reduce the value of Disney to its shareholders," wrote analyst Brian Wieser. "Alternately, the absence of completion of the transaction would also be negative for Disney as it would mean the company would be unable to realize the synergies it expects to produce from the transaction."
Disney's shares are up 9 percent this month amid the battle for Fox and hopes of overall industry consolidation in the wake of a judge's decision on Tuesday to allow the AT&T-Time Warner merger proceed. On Wednesday, Comcast bid $65 billion for the Fox units currently set to be acquired by Disney. Comcast's cash bid represents a 19 percent premium to Disney's offer in stock.
"For the moment we are leaving our valuation of Disney and leaving the assumptions incorporated into our model unchanged. But because we don't see much, if any, upside to our prior $93 price target, we are downgrading the stock from Hold to Sell at this time," the analyst wrote.
Shares of Disney fell 1.4 percent in Monday's premarket to $107.30. They closed Friday at $108.85.
Disclosure: Comcast is the parent company of NBCUniversal and CNBC.