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
Shares of Snap are now worth less than $5 each for the first time as of Friday's close.
The stock hit a new low of $4.99 per share as the entire market fell on fears of an impending government shutdown and the Federal Reserve's rate hikes announced Wednesday.
The stock has declined fairly steadily as investors question its future. It hit its highest price of $27.09 on its second day of trading on March 3, 2017, but quickly lost steam. Analysts speculated Snap went public too early as it burned through cash.
Snap has faced head-on competition from Facebook-owned Instagram, which essentially copied Snapchat's Stories feature. Attempting to shake things up, Snap CEO Evan Spiegel admitted the company "rushed" a redesign of its app that was so widely criticized by users that it had to quickly change the design again.
In November, short-seller Andrew Left argued on CNBC's Halftime Report that Snap was already doing so badly that it couldn't get much worse.
"It's so beaten down, you have a high short interest," Left said, adding that he owns the stock. On the same day, the Securities and Exchange Commission and U.S. Justice Department had subpoenaed the company over allegations of misleading investors in its IPO.
"Look at the negative news that came out on Snapchat today and it should be trading much lower, right?" Left said at the time. "What more negative can you get right now on Snapchat?"