Options traders can't get enough of semiconductor stocks. No matter how high they go or how expensive the options get, bulls just keep flooding the space.After a 700% rally the past year, traders poured into Micron options Tuesday, paying expensive premiums to get access to further upside in the legacy...
Category: Finance
Greg Abel earns solid scorecard from Berkshire shareholders after first annual meeting
Greg Abel, CEO of Berkshire Hathaway, speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, NE on May 2, 2026.CNBCOMAHA, Nebraska — In his debut running Berkshire Hathaway's annual meeting, Greg Abel delivered what many shareholders came to see: a steady hand, a firm grasp of the sprawling conglomerate and...
SoFi CEO defends decision to hold guidance steady
Shares of SoFi plunged more than 15% Wednesday after the company declined to raise its full-year outlook — a move CEO Anthony Noto said reflects macro reality, not weakening fundamentals."We did not raise the full-year guidance because when we originally gave the full-year guidance, we were anticipating at least two...
This little-known ETF is up over 600% amid U.S.-Iran war, a better trade than oil or energy stocks
As geopolitical tensions ripple through global energy markets and a deal to end the U.S.-Iran war remains elusive, oil prices have soared, but there's an even better trade on energy volatility that investors have flocked to: the cost of moving crude.The Breakwave Tanker Shipping ETF (BWET), a little-known exchange-traded fund...
Bessent says ‘many’ U.S. allies have asked for currency swaps amid Iran war turbulence
U.S. Treasury Secretary Scott Bessent arrives to testify during a Senate Committee on Appropriations, Subcommittee on Financial Services and General Government hearing in the Dirksen Senate Office Building on April 22, 2026 in Washington, DC. Chip Somodevilla | Getty ImagesTreasury Secretary Scott Bessent said Wednesday that "many" oil-rich U.S. allies...