Saturday's attack is the biggest on Saudi oil infrastructure since Saddam Hussein's invasion of Kuwait in 1990.Energyread more
Saudi Aramco is aiming to restore by Monday about a third of its crude output that was disrupted after drone attacks on two key oil facilities, The Wall Street Journal...Marketsread more
"Blaming Iran won't end disaster. Accepting our April '15 proposal to end war & begin talks may," Zarif said on Twitter.Energyread 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
Apple's new iPhones can still send texts, download apps, and make video calls, but the company spends a lot of time and effort marketing its new phones as powerful photography...Technologyread 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
Some U.S. manufacturers say tariffs, if targeted, will help address longstanding unfair trade practices like intellectual property theft.Traderead more
Supporters of a $15 minimum wage ballot initiative in Florida argue the state's inflation-tied pay hikes have not gone far enough.2020 Electionsread more
Saudi Arabia shut down half its oil production Saturday after drone strikes hit the world's largest oil processing facility in an attack claimed by Yemen's Houthi rebels.Politicsread 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
Check out the companies making headlines before the bell:
Foot Locker — The athletic footwear and apparel retailer reported adjusted quarterly profit of $1.53 per share, missing estimates by 7 cents a share. Revenue also came in below forecasts, and a comparable-store sales increase of 4.6% was below the 5.1% estimate of analysts surveyed by Refinitiv.
Hibbett Sports — Hibbett Sports earned an adjusted $1.61 per share for the first quarter, 29 cents a share above estimates. The sporting goods retailer's revenue beat estimates as well, and a comparable-store sales increase of 5.1% trounced the consensus forecast of a 1.6% rise.
The Buckle — The accessories retailer fell 4 cents a share shy of consensus forecasts with quarterly profit of 31 cents per share. Revenue was above analysts' forecasts, however, and comparable-store sales dropped a less than expected 1.3%. Analysts had been anticipating a 2.4% decline in comp sales.
Amazon.com — Amazon shares will reach $3,000 between mid-2021 and mid-2022, according to a Piper Jaffray analyst report. Piper said that this move — which would be a more than 60 percent jump from current levels — is based on Amazon meeting what it considers conservative growth targets.
HP Inc. — HP Inc. reported adjusted quarterly earnings of 53 cents per share, beating consensus estimates by 2 cents a share. The computer and printer maker's revenue also beat Street forecasts, and it issued a current quarterly outlook roughly in line with consensus.
Hewlett Packard Enterprise — HPE came in 5 cents a share above forecasts, with adjusted quarterly profit of 42 cents per share. The business technology provider's revenue came in short of analysts' estimates, however, but the company raised its financial targets for the full year.
Ross Stores — Ross Stores earned an adjusted $1.13 per share for its latest quarter, a penny a share above estimates. The discount retailer's revenue also beat forecasts, however Ross gave weaker-than-expected current-quarter guidance as it deals with underperformance in women's apparel as well as higher freight and wage costs.
Deckers Outdoor — Deckers earned an adjusted 85 cents per share for its latest quarter, well above the consensus estimate of 8 cents a share. The footwear maker's revenue also beat Wall Street forecasts. Bottom-line results were helped by an increase in gross margins.
Autodesk — Autodesk earned an adjusted 45 cents per share for the first quarter, 2 cents a share below estimates. The software maker's revenue also missed forecasts, however its results improved over year-earlier numbers as it increased subscription revenue.
Intuit — Intuit beat consensus estimates by 15 cents a share, with fiscal third-quarter profit of $5.55 per share. The TurboTax software maker's revenue also came in above estimates and the company raised its full-year forecast.
Boeing — The Federal Aviation Administration expects Boeing's grounded 737 Max jet to be approved for a return to service as soon as late June, according to sources who spoke to Reuters. That follows a meeting on the 737 MAX among more than 30 global airline regulators Thursday.
Big Lots — Big Lots was downgraded to "neutral" from "overweight" at Piper Jaffray, which is concerned about the retailer's exposure to tariffs on goods from China.
Constellation Brands — The spirits and beer maker was downgraded to "equal-weight" from "overweight" at Morgan Stanley, primarily on valuation after a 36% jump from a January 9 low. Morgan Stanley also points to a potential beer demand slowdown this summer.