Options traders are convinced the "SaaS-pocalypse" is over. Whether that's true will likely depend on the market's reaction to Salesforce earnings after the bell Wednesday.Volume ratios in options trading on the iShares Expanded Tech-Software Sector ETF (IGV) have been increasingly bullish throughout this month, including on Tuesday — when more...
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Google employee charged with $1M Polymarket insider trading bet on search term
Signage at the Situation Room by Polymarket pop-up bar in Washington, DC, US, on Friday, March 20, 2026. Graeme Sloan | Bloomberg | Getty ImagesFederal prosecutors charged a Google employee with fraud on Wednesday, alleging that he made $1.2 million off of bets using insider information on Polymarket.Prosecutors claim that...
Energy inflation has been more persistent than expected: Fed’s Goolsbee
Austan Goolsbee, president of the Federal Reserve Bank of Chicago, speaks during the 29th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California, on May 6, 2026. Patrick T. Fallon | AFP | Getty ImagesEnergy inflation tied to the war in Iran has lasted longer than...
Jeff Bezos says there is ‘no truth’ to the ‘buy borrow die’ tax strategy
Amazon executive chairman Jeff Bezos said a controversial tax strategy used by the wealthy to borrow against assets to lower their income taxes is largely a "myth.""There's no truth to this 'buy, borrow, die' thing," Bezos told CNBC's Andrew Ross Sorkin Wednesday in a wide-ranging interview. "I don't even know where this...
Two top Walmart executives leave company under new CEO John Furner
A Walmart store in Austin, Texas, Feb. 3, 2026.Brandon Bell | Getty ImagesTwo top Walmart executives are departing the company, nearly four months after CEO John Furner took over, according to internal memos viewed by CNBC on Friday.Tom Ward, the chief operating officer of Walmart's warehouse chain Sam's Club, is...