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
Here are the biggest calls on Wall Street on MondayInvestingread 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 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
Consumers in the U.S. prefer Apple's more expensive models, while the standard iPhone 11 appears to be more attractive to buyers in China, according to Kuo.Technologyread more
However, the Berkshire chairman and CEO points out that they've done better in the market than he has over the same time period. He said it's a tough time to beat the S&P 500.
"Overall, they are a tiny bit behind the S&P, each, by almost the same margin," Buffett told Becky Quick on "Squawk Box" from Omaha, Nebraska — where Berkshire is located. "They've done better than I have."
Weschler and Combs, both former headge fund managers, now manage about $13 billion each.
Combs, in his late 40s, came to Berkshire in 2010 after a three-year search for someone to help manage the company's massive portfolio of stocks. Weschler, in his late 50s, joined Berkshire two years later, after paying a combined $5.3 million to win the 2011 and 2010 auctions for an annual charity lunch with Buffett.
"The first few years, ... they got well ahead of the index and they got paid," Buffett said, noting their compensation is dependent on performance. "It came in thirds. So it could be clawed back, two-thirds of it, if they missed the second year and so on."
"Both of them have done an incredible amount of work in terms of acquisitions; Todd, in particular, on our medical venture," said Buffett, referring to the Berkshire-Amazon-J.P. Morgan venture aimed at figuring out how to reduce health-care costs for their employees and how that may possibly help cut health-care costs in the United States.
Seen as a must-read for investors, Buffett covered many topics in his weekend investor letter, including Berkshire's $112 billion cash pile and what he wants to do with it, his first stock purchase, the dangers of too much debt, and what he sees as the biggest risks.
Monday's interview with Buffett, 88, was conducted at Berkshire-owned Nebraska Furniture Mart.