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
Facebook's core advertising business is just fine, especially as the social network looks to monetize its messaging platforms, RBC Capital Markets' lead internet analyst told CNBC on Monday.
"The market way overreacted to the [revenue] print and some of the guidance," RBC's Mark Mahaney said on "Squawk on the Street." "I think its the most appealing risk-reward name in large cap, maybe in tech, but certainly in internet."
Those valuations don't leave a lot of near-term investing opportunity, except for in Facebook, he added. "Given that trade off, that's our number one pick here."
Even then, Mahaney was bullish on the company, which has been struggling with data leaks and fake news scandals.
"I think they're being overly conservative in terms of the outlook. I don't think fundamentals are going to deteriorate as quickly as they are implying," he told CNBC in July. "If they don't get the security platform right, it's all over. We think they will, if they can, this is a good asset. This is the opportunity to buy this stock here."
"They are now going to start monetizing the two largest messaging applications in the world, with WhatsApp and with Facebook Messenger. Those are huge profit pools this company is just starting to uncover," he said.
Mahaney said he sees Facebook regaining a stock value of $217 per share, the high it hit on July 25, just before its second quarter earnings report.
Facebook was trading around $180, only about 2 percent higher than its July 26 low.