New bull market in software stocks hinges on this report

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 than twice as many…

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Cook Political Report shifts Texas Senate rating toward Democrats after Paxton runoff victory

Nonpartisan election handicapper Cook Political Report shifted its rating of the Texas Senate race from “Likely Republican” to “Lean Republican” on Tuesday after state Attorney General Ken Paxton (R) defeated Senator John Cornyn (R-Texas) in the GOP runoff of the marquee race. Paxton, who received a last-minute endorsement from President Trump, defeated the senior GOP…

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Russia allows central bank and Sberbank to down drones

A Ukrainian soldier of the 24th brigade prepares equipment of FPV drones as the Russia-Ukraine war continues. Anadolu Agency | Getty Images Russia has passed a law authorizing its central bank and other financial institutions to repel drone attacks with their own defense systems, as the country struggles to defend against Ukrainian strikes. The law,…

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