While markets await a Saudi update, investors are likely asking how the kingdom left itself so vulnerable, and what it means for the future.Energyread more
Of the recessions the U.S. has seen dating back to the early 1980s, none has come without an oil spike of at least 90%.Economyread more
An oil processing facility at Abqaiq and the nearby Khurais oil field was attacked on Saturday.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
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
It's a major comeback for Netflix after the company lost the streaming rights to shows like "Friends" and "The Office."Technologyread more
Democrats running to challenge Trump next year raced to show solidarity with the auto workers striking as they negotiate with General Motors.Politicsread more
Stocks fell on Monday amid fears that a surge in oil prices following an attack in Saudi Arabia could slow down global economic growth.Marketsread more
A year after Nike's "Dream Crazy" campaign featuring former San Francisco 49ers quarterback Colin Kaepernick brought about heavy controversy, the company won the "outstanding...Mediaread more
New research by the Digital Citizens Alliance shows how easy it is to buy illegal steroids and other appearance- and performance-enhancing drugs.Cybersecurityread more
Energy giants Chevron and Exxon Mobil are the best performing Dow stocks a week after oil rises 5% or more in a single day.Investingread more
Check out the companies making headlines before the bell:
Boeing – Boeing faces new delays in returning the 737 Max to service, according to The Wall Street Journal. International regulators are said to be upset over what they perceive as a lack of information from Boeing on its proposed software fixes for the grounded jet.
Spark Therapeutics – Spark and Switzerland's Roche announced another extension of Roche's $4.3 billion takeover bid for the U.S.-based gene therapy company. The extension to October 1 was given to provide more time for regulatory reviews.
Royal Caribbean, Norwegian Cruise Line, Carnival – The cruise lines could see an estimated impact of 5 cents per share from Hurricane Dorian for the current quarter, according to an analyst report from Nomura Instinet.
Las Vegas Sands, Wynn Resorts – These and other casino operators who operate in Macau may be negatively impacted by news of a bigger than expected 8.6% August decline in gaming revenue compared to a year earlier.
Amazon.com – The stock's price target was raised to $2,600 per share from $2,250 by RBC Capital Markets, which also reiterated its "outperform" rating on the stock. The move reflects the expected positive impact of Amazon's new "Prime One-Day Shipping" initiative.
Nexstar Media – Federal Communications Commission Chairman Ajit Pai is seeking approval from his fellow commissioners for Nexstar's proposed $6.4 million acquisition of rival TV station operator Tribune Media. The deal has already gained conditional Justice Department approval, with the companies required to divest TV stations in 13 markets to address antitrust concerns.
Boston Beer – The beer brewer's stock was downgraded to "underperform" from "hold" at Jefferies, which points to increased competition in the alcoholic seltzer drink category. Jefferies also cut its price target on the stock to $332 per share from $360.
Snap – The Snapchat parent's shares were upgraded to "outperform" from "in-line" at Evercore, which is citing Snap's move into gaming.
Western Digital – The disk drive and memory chip maker was upgraded to "in-line" from "underperform at Evercore, which is optimistic about NAND flash memory pricing.
Conn's – The furniture and home appliance retailer reported quarterly profit of 62 cents per share, 11 cents a share above estimates. Revenue also beat Wall Street forecasts, boosted by new stores, which more than made up for a 2.3% decline in same-store sales.