These are the stocks posting the largest moves before the bell.Market Insiderread more
An oil processing facility at Abqaiq and the nearby Khurais oil field was attacked on Saturday.Marketsread more
"There is reason to believe that we know the culprit," Trump said in a post on Twitter.Politicsread more
An extended Saudi oil outage could push Brent crude prices north of $75 per barrel, Goldman Sachs warned clients.Marketsread more
As investors worry about oil supply, airline and cruise ship stocks are getting hit on Monday, while some energy stocks are shooting upward.Marketsread 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
Brent crude surged by as much as 19.5% to reach $71.95 per barrel on Monday, the biggest intra-day jump since the Gulf War in 1991.Oilread more
U.S. stock futures are under pressure Monday as oil prices spike higher after Saturday's coordinated strikes on key Saudi oil interests.Marketsread more
In the past few weeks, the S&P 500 has waged a 6% rally, pulling within 1% of its late-July record high by Friday's close.Trading Nationread more
The strike, depending on its length, could easily cost GM hundreds of millions of dollars. The last time the union declared a strike at GM was in 2007.Autosread more
Saudi Aramco has 35-40 days of supply to meet contractual obligations, a source close to the matter told CNBC.Energyread more
Berkshire Hathaway Chairman and CEO Warren Buffett told CNBC on Monday it would be a "mistake" if former Starbucks CEO Howard Schultz ran for president as an independent against Donald Trump.
Buffett weighed in on Schultz's presidential aspirations after saying he would support Mike Bloomberg if the former New York mayor chose to run in 2020.
"Howard Schultz ... well, he says he's going to run as an independent. If he ran as an independent, I think he would take votes away from any Democrat, including Bloomberg if he were running," Buffett told Becky Quick in the "Squawk Box" interview. "So I think it would be a real mistake for him to run."
Buffett made no evaluation of Schultz's experience or competency as a potential presidential candidate. But the billionaire investing legend voiced a common criticism that has been hurled at Schultz since he publicly weighed whether or not he will stage an independent run.
"I think generally [that] third-party candidates, they're going to hurt one side or the other, and they're more likely to hurt the side that they actually favor, because they're closer to that view and so they pull more people away that would otherwise go with the second-best with that view," Buffett said.
"So I hope no third-party candidate runs," he added. "I think third-party candidates can thwart, actually, the will of the people."
Bloomberg, 77, who switched his party affiliation last year from independent to Democrat, is seen as a more politically moderate alternative than many Democrats who have already announced presidential campaigns or exploratory committees. He was also believed to be mulling a run for the White House in 2008 and 2012 but opted to finish his third term as mayor of New York City in 2013.
"If Mike Bloomberg announced tomorrow that he was a candidate, I would say I'm for him," Buffett told CNBC.
Schultz has made significant moves toward formally announcing a presidential bid, even in the face of a barrage of criticism from Democrats wary that he would siphon votes from that party's challenger to Trump in a presidential election. CNBC reported in November that Schultz, who served for decades as CEO of the coffee giant, was assembling an elite public relations team that included Steve Schmidt, who managed the late Republican Sen. John McCain's presidential campaign in 2008.