Tag Archives: costco

Over the past three years, Costco has gained momentum, benefiting from trends such as increased home cooking, millennials moving into larger suburban homes, and inflation driving shoppers to seek value through memberships at warehouse clubs. Membership-based retail giant Costco Wholesale Corp (NASDAQ: COST) recently announced its quarterly earnings and the results were nothing short of impressive. Costco Earnings Surpasses Expectations Costco’s fiscal fourth-quarter earnings have surprised...

The Dow Jones closed approximately 200 points lower in anticipation of Friday’s critical jobs report. The Dow Jones Industrial Average (DJIA) dipped 194.76 points, or 0.56%, to close at 34,395.01 on Thursday ahead of today’s critical jobs report. This nearly 200-point fall was not the only setback recorded among the major indexes yesterday. The S&P 500 also closed lower by 0.09% to 4,076.57 during Thursday’s session. However, the tech-laden Nasdaq Composite gained 0.13% to close at...

Costco stock is directly poised to enjoy a heavy surge in related supplies as the coronavirus outbreak causes people to start bulk buying.Because of the coronavirus epidemic, news about stock crashes are no longer surprising. Many companies have had some losses because the outbreak has serious adverse effects on their books and their general business. What makes the situation worse is that the coronavirus is still spreading and there is little to no hope of a solution anytime soon. However,...

While many stocks are taking a big hit because of the coronavirus, the following 5 are some that are set up to benefit from the outbreak. Let’s have a look at them.The coronavirus outbreak is still driving a deep wedge into the world’s financial markets and stocks. As the situation continues to worsen, some of the world’s biggest companies are shedding significant weight in stocks as a result of the market disruptions from the coronavirus. In addition to that, the world’s richest people are...

The market bounce at the beginning of the week was partly driven by expectations that the Federal Reserve would step in to mitigate the coronavirus impact by cutting the key interest rates.Stocks made quite of a ricochet yesterday after their worst week since the financial crisis back in 2008. The Dow Jones Industrial Average posted its best gain in more than 10 years mostly boosted by the expectation that the Fed will lower interest rates.Dow Jones Industrial Average jumped over 1,290 points...

Walmart’s new shopping platform might be the next big thing. America’s largest retailer has been testing a new shopping platform. The platform referred to as Alphabot has begun trial testing at a supercenter in Salem, New Hampshire. The aim of Alphabot is simple. Grocery shopping can be a chore for many. Automation of the process saves time. Customers’ needs may vary. And Alphabot is a system to automate all customer’s needs. Human interaction is necessary only at the end of the selection...