Saudi Arabia has shut down half of its oil production after drones attacked the world's largest oil processing facility in the kingdom.Marketsread more
Yemen's Houthi rebels have claimed responsibility for the attacks, which created a huge fire at a processor essential to global energy supplies.Politicsread 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
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
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
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 before the bell:
Apple — Goldman Sachs lowered its price target for Apple shares to $165 per share from $187 a share, saying that accounting for a planned Apple TV+ free trial is likely to have a material negative impact on average selling prices.
Broadcom – Broadcom reported adjusted quarterly profit of $5.16 per share, beating consensus estimates by 3 cents a share. The chip maker's revenue came in slightly below Wall Street forecasts, however, and Broadcom gave a cautious forecast for semiconductor market demand.
Baker Hughes – Baker Hughes was indicted for allegedly exposing workers to toxic chemicals at a construction site. Two of the oilfield services company's subsidiaries and an employee were also named in the indictment, which involves 25 felony assault charges. Baker Hughes denied the claims and said it was committed to safety for its workers.
SmileDirectClub – Shares of the maker of teeth straightening kits remain on watch, after debuting Thursday with a 28% decline. That was the worst first-day performance of any of the so-called "unicorn" initial public offerings this year.
Merck — News agency Reuters asked a U.S. judge to unseal documents regarding risks related to Merck's Propecia baldness drug. Reuters had published a story revealing accusations that Merck did not fully disclose potential risks related to the drug.
Amazon – Amazon's Whole Foods grocery chain will require part-time employees to work 30 hours per week to receive health benefits beginning January 1, up from the current 20 hours.
Square – The mobile payments company is testing a new feature on its popular Cash App that would enable free stock trades, according to a Bloomberg report. The report said that if the feature is successful, it could pose a challenge to more established online brokers like E*Trade and TD Ameritrade.
General Electric – GE CEO Larry Culp told an investment conference he expects asset sales to bring in about $38 billion in cash, as GE moves to pare down its debt load.
Advance Auto Parts – Citi upgraded the auto parts retailer's stock to "buy" from "neutral," while downgrading rival O'Reilly Automotive to "neutral" from "buy." Citi cited sales momentum and other factors for the Advance Auto Parts upgrade, and said its O'Reilly downgrade was based on valuation.
Southwest Airlines – Macquarie upgraded the airline's stock to "outperform" from "neutral," saying Southwest will be able to more fully utilize its new revenue management system and more efficiently schedule its aircraft once the grounding of its Boeing 737 Max fleet ends.