Saudi Arabia has shut down half of its oil production after drones attacked the world's largest oil processing facility in the kingdom.Marketsread more
Yemen's Houthi rebels have claimed responsibility for the attacks, which created a huge fire at a processor essential to global energy supplies.Politicsread more
Oil prices are expected to jump as much as $10 per barrel after a coordinated drone strike hit Saudi Arabia's largest oil field, forcing the kingdom to cut its oil output in...Marketsread more
Trusii's hydrogen water machines were supposed to help users with their health problems, but customers claim the company is involved in a giant scam.Technologyread more
The decoupling of the world's two weightiest economies seems as inescapable as its extent and global impact remains incalculable.Politicsread 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
BlackBerry has reinvented itself to become a leader in securing mobile communications and in embedded communications. Next year it plans to roll out new products. CEO John...Evolveread more
Trailers have become a cult phenomenon. Even short teasers that reveal little about the plot of the upcoming film are headline-worthy. Blogs and forums have become devoted...Entertainmentread more
Thanks to the performance of Beyond Meat, investors who focus on venture-backed tech IPOs have done well this year despite some notable disappointments.Technologyread more
Software company Intuit, maker of tax helper TurboTax, is in its eleventh year of stock gains and up 36% this year.Investingread more
CNBC did a deep dive through the most recent Wall Street research to find stocks with upside potential.Marketsread more
Check out the companies making headlines after the bell:
Restoration Hardware shares jumped over 22 percent in the extend session after reporting quarterly earnings.
The furniture company raised its fourth quarter and fiscal year revenue guidance. Though Restoration Hardware said its comparable brand and net revenues were impacted negatively due to slower special order receipts from "tariff-related congestion" in China, it expects the delayed receipts to ultimately have a positive impact on its fourth quarter revenue.
As a consequence, the company increased its revenue projections for the fourth quarter to a range of $680 million to $690 million, up from previous projections of $665 million to $685 million. The company expects fiscal year revenue to be between $2.52 billion and $2.53 billion, up slightly from its previous expectation of $2.49 billion to $2.52 billion.
Shares of Smartsheet went up over 8 percent after the company's third-quarter earnings report beat analysts' estimates. Smartsheet reported losses of 9 cents per share instead of the 16 cent loss per share analysts expected. The company exceeded revenue expectations, reporting $46.7 million in revenue. Analysts had expected $44.1 million.
Cirrus Logic shares fell more than 6 percent after it lowered revenue expectations for the third quarter. The audio chip supplier said it expects revenue in the range of $300 million to $340 million, compared to previous forecast of $360 million and $400 million. Cirrus Logic cited a recent weakness in the smartphone market, according to a press release.