Saturday's attack is the biggest on Saudi oil infrastructure since Saddam Hussein's invasion of Kuwait in 1990.Energyread 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
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
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
BlackBerry has reinvented itself to become a leader in securing mobile communications and in embedded communications. Next year it plans to roll out new products. CEO John...Evolveread more
Trailers have become a cult phenomenon. Even short teasers that reveal little about the plot of the upcoming film are headline-worthy. Blogs and forums have become devoted...Entertainmentread more
Thanks to the performance of Beyond Meat, investors who focus on venture-backed tech IPOs have done well this year despite some notable disappointments.Technologyread more
Software company Intuit, maker of tax helper TurboTax, is in its eleventh year of stock gains and up 36% this year.Investingread more
CNBC did a deep dive through the most recent Wall Street research to find stocks with upside potential.Marketsread more
Check out the companies making headlines midday Thursday:
Advanced Micro Devices — AMD rose 7.9% after Morgan Stanley upgraded the stock to equal weight from underweight and raised the price target to $28 from $17, saying being cautious on AMD has "obviously been the wrong call." The bank said AMD has consistently performed well among its competitors Intel and Nvidia.
Ciena — Shares of the telecom supplier surged more than 26% on fiscal second-quarter earnings that topped expectations. Ciena reported adjusted earnings per share of 48 cents. Analysts polled by Refinitiv expected a profit of 33 cents a share.
Stitch Fix — Stitch Fix soared more than 14% after the online personal styling company beat on the top and bottom lines of its fiscal third quarter results. Stitch Fix reported earnings per share of 7 cents, while analysts polled by Refinitiv expected a loss of 3 cents. Revenue came in at $409 million, notching seven consecutive quarters of more than 20% growth.
Signet Jewelers — Shares of Signet fell 1.2% after reporting lower-than-expected same-store sales for the first quarter. Same-store sales dropped 1.3%, while analysts estimated a drop of 0.8%. Signet posted earnings per share of 8 cents on revenue of $1.432 billion. Wall Street estimated a loss of 23 cents per share on revenue of $1.415 billion, according to Refinitiv.
Tesla — Tesla shares jumped 4.8% as Wall Street cheered the company's sales in May. Tesla sales rose 73% last month compared to last year. That outperformed electric vehicle sales from Audi, BMW, Jaguar, Chevrolet and Nissan.
Dermira — Shares of the dermatology drug company rose 4.8% after an analyst at Mizuho upgraded them to buy from neutral. The analyst cited expectations its lebrikizumab will get licensed for commercialization in the European Union later this year.
MongoDB — The database programming company fell 0.8% after its second-quarter guidance disappointed investors. MongoDB expects a to lose between 27 cents and 29 cents per share. FactSet expected guidance of a loss of 27 cents.
Michaels Companies — Shares of the arts and crafts retailer plunged 12.4% after sales disappointed and the company cut its full-year earnings forecast. The company posted revenue of $1.094 billion, missing expectations. It also posted weaker-than-expected same-store sales.
—CNBC's Maggie Fitzgerald contributed to this report.