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 sector this year, spiked on 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
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 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
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
J.P. Morgan's chief quant says oil prices would start to hurt stock prices when they hit the $80 to $85 range.Market Insiderread more
Walmart said Monday it's relaunching the once-beloved trendy New York fashion brand, Scoop NYC, on its website nationwide and in select stores.Retailread more
Gas prices could rise by about 20 cents per gallon "starting tomorrow," oil analyst Andy Lipow says Monday.Oil and Gasread more
Some operators are cashing in on the CBD craze by substituting cheap and illegal synthetic marijuana for natural CBD in vapes and edibles such as gummy bears, an AP...Health and Scienceread more
An oil processing facility at Abqaiq and the nearby Khurais oil field was attacked on Saturday.Marketsread more
Advanced Micro Devices spiked 11.8 percent Tuesday after Google confirmed the firm won a deal for its game streaming platform. Google unveiled the platform in an event Tuesday, where it shared its plans for a new gaming service called Stadia.
The rally brought AMD's market cap to roughly $26.1 billion, adding about $2.7 billion in value. AMD has jumped 127.5 percent over the past year, although it's still off from its peak price of almost $33 last September. AMD closed the day trading at $26 per share.
AMD will power Stadia's graphics rendering in the cloud, Google announced at the event, which AMD CEO Lisa Su attended. That marks a big win for AMD in the gaming space, where it competes with Nvidia on graphics chips. AMD's stock spiked more than 5 percent earlier in the day after Morgan Stanley told clients that AMD had won the deal, according to Barron's. The stock rallied even more after Google confirmed the deal on stage.
Stadia will allow players to jump into online games in minutes, rather than wait as much as several hours for a game to download on a computer or buy a physical copy.