Drone strikes attacked an oil processing facility at Abqaiq and the nearby Khurais oil field on Saturday.Marketsread more
"There is reason to believe that we know the culprit," Trump said in a post on Twitter.Politicsread 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
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
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
OxyContin maker Purdue Pharma filed for Chapter 11 bankruptcy protection on Sunday.Health and Scienceread more
Saudi Arabia on Saturday shut down half its oil production after a series of drone strikes hit the world's largest oil processing facility in an attack claimed by Yemen's...Futures & Commoditiesread more
U.S. stock futures sank amid fears that a surge in oil prices following an attack in Saudi Arabia could slow down global economic growth.Marketsread more
The recommendations include changing corporate reporting structures, creating a new safety group, and changing the cockpits of future planes to accommodate new pilots with...Aerospace & Defenseread more
The state would become the second in the country, behind Michigan, to ban the sale of fruit flavored e-cigarettes, which are popular with teenagers.Health and Scienceread more
Check out the companies making headlines before the bell:
Campbell Soup — Campbell Soup reported adjusted quarterly profit of 56 cents per share, 9 cents a share above estimates. Revenue also beat Wall Street forecasts and the food producer increased its full-year outlook.
Salesforce.com — Salesforce reported adjusted quarterly earnings of 93 cents per share, well above the consensus estimate of 61 cents a share. The enterprise software company's revenue topped forecasts as well. Salesforce also gave a better-than-expected full-year outlook, as companies seek to lower costs by shifting to cloud-based platforms.
GameStop — GameStop beat estimates by 4 cents a share, with adjusted quarterly profit of 7 cents per share. The videogame retailer's revenue missed forecasts and its comparable-store sales fell a larger-than-expected 10.3%. GameStop also eliminated its quarterly dividend in an effort to strengthen its balance sheet.
Cronos — Bank of America/Merrill Lynch upgraded the cannabis producer's stock two levels – to "buy" from "underperform," based on the prospects for U.S. expansion.
Skyworks Solutions — Skyworks cut its financial outlook, reflecting the chipmaker's concerns over government sanctions against China's Huawei. Sales to Huawei represented 12% of total revenue for the first half of the current fiscal year.
LabCorp — LabCorp said 7.7 million of its customers may have been impacted by the same data breach that affected rival medical lab operator Quest Diagnostics. The breach involved an outside vendor and may have exposed bank or credit card information. Separately, LabCorp announced the retirement of Chairman and CEO David King, with former Merck executive and current LabCorp lead independent director Adam Schechter becoming president and CEO on November 1.
Pivotal Software — Pivotal reported an adjusted loss of 3 cents per share, 2 cents a share smaller than expected. The applications software provider's revenue exceeded estimates, however Pivotal gave a lower-than-expected sales forecast for the full year on issues involving sales execution and what it calls a "complex technology landscape."
Ambarella — Ambarella earned an adjusted 1 cent per share for its latest quarter, compared to the consensus forecasts of a 5 cents per share loss. The chip maker's revenue also beat estimates, and it gave stronger-than-expected current quarter revenue guidance despite falling orders from China.
Apple — Apple will ask developer to put its new "sign on with Apple" button in apps above rival buttons from Alphabet's Google and Facebook, according to a Reuters report. Separately, CEO Tim Cook told CBS News China has not targeted the company as a result of the U.S.-China trade dispute, and he does not anticipate that will happen.
Fiat Chrysler — Fiat Chrysler's bid to buy French automaker Renault will be discussed by the Renault board once again today, after the board said it needed more time to weigh the proposal.
TiVo — The digital video recorder and set top box maker said an International Trade Commission judge had ruled that NBCUniversal and CNBC parent Comcast had violated some of its patents. Comcast, however, pointed out that the judge found no violations in two of the three patents involved in the case and that it looks forward to the full commission's review of that remaining patent.