Costco

The S&P 500 index soared past the 5,150-point mark, reclaiming its record-high territory, driven by comments from Fed Chair Jerome Powell hinting at potential interest rate cuts. The tech-heavy Nasdaq 100 also climbed, rising 1.5% for the day to 16,273.38. The S&P 500 ended the session 1.03...

In a bid to curb unauthorized access to its stores, retail giant Costco Wholesale Corporation (NASDAQ:COST) is implementing new measures, including a trial of a scanning system at store entrances. What Happened: Costco is taking action against non-members who have been using membership cards that...

BlendJet Inc. is recalling approximately 4.8 million blenders sold at Costco Wholesale Corporation (NASDAQ:COST), Target Corp (NYSE:TGT), and Walmart Inc (NYSE:WMT) due to safety concerns. The products are prone to overheating, catching fire, and have been reported to break blades while in use. The...

The stock market witnessed a notable surge today, with the Dow Jones rising 0.43% to 37,248.35 and the S&P 500 gaining 0.26% to 4,719.55. The Nasdaq also ended Thursday in the green appreciating 0.19% to 14,761.56. Transitioning from the broader market, we now turn our focus to individual...

Starlink kits were spotted in Costco (NASDAQ:COST) for $599, as reported by Tesla Investor Sawyer Merritt. What Happened: Merritt took to X, formerly Twitter, to reveal that the satellite broadband services of Elon Musk-led SpaceX are now available in kits at Costco outlets in the U.S. Notably, the...

As the economy teeters on the edge, experts and investors are closely analyzing various indicators to predict the possibility of an impending recession. Recent events, such as the surge in Google searches for the term "recession" and the inversion of Treasury yields, have raised concerns in...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Shares of Costco Wholesale Corporation (NASDAQ: COST) traded today at $469.60, eclipsing its 52-week high. This new high was reached on...

The cover story in this weekend's Barron's offers 42 bargain stock picks from the Barron's Roundtable. Other featured articles discuss disappearing Chinese stocks, the next big thing in biotech and themes to watch for in big tech earnings. Also, see the prospects for a sporting goods...

FedEx Freight (NYSE: FDX) is walking back its recent abrupt suspension of service to a portion of its customer base after ruffling feathers of key stakeholders that made known their displeasure, according to communications from the company and logistics industry executives. The measure, aimed at...

Welcome to the last trading day before a well-deserved holiday break. As investors get ready to leave their desks and fire up their grills, it seems that worries about an overheating economy are taking a back seat to encouragement about the economic recovery. Before jumping in, we’d like to...

The Broader Markets Last Week – SPY finished the week inside its expected move, down about 0.5% vs the 1.5% move options were pricing for the week. The VIX closed just above 20, slightly higher on the week. This Week – SPY options are pricing a 1.4% move (in...

Benzinga has examined the prospects for many investor favorite stocks over the past week. The week's bullish calls included an entertainment giant, a rising cloud play and a semiconductor maker. The electric vehicle leader and a big-box retailer were among the bearish calls that were seen....

As a new month dawns it looks like investors are getting back to work in stocks. Worries about higher interest rates seem to be waning—for now, anyway—as the yield on the 10-year Treasury pulls back, allowing stocks to rally on vaccine and stimulus optimism.   The latest good...

This weekend's Barron's cover story offers 12 alternatives to bonds for income investors. Other featured articles examine values stocks worth a look, parallels between internet and transportations stocks, and how to play a consumer discretionary rebound. Also, the prospects for a luxury...

Costco Wholesale Corporation (NASDAQ: COST) shares are trading higher in Tuesday’s premarket session after announcing a special dividend of $10 dollars per share Monday after-hours. The dividend will be about $4.4B in total and will be eligible to all shareholders as on December 2, payable on...