Costco (COST) earnings Q1 2025 earnings
Costco on Thursday beat Wall Street’s quarterly earnings and sales estimates, as e-commerce sales jumped and shoppers bought jewelry, luggage and furniture. On the membership-based warehouse club’s earnings call, Chief Financial Officer Gary Millerchip said customers have remained selective with purchases. But, he added, they have shown they’re willing to spend, especially as inflation comes […]
Broadcom’s projections show more evidence of the AI boom expanding beyond Nvidia
Broadcom’s stunning projection for its potential opportunity in 2027 is more evidence that the artifical-intelligence boom in semiconductors is expanding beyond Nvidia — but there still is a lot of risk in its forecast.
Warner Bros. announces restructuring into linear, streaming units
President and CEO of Warner Bros. Discovery David Zaslav arrives for the world premiere of “The Flash” at Ovation Hollywood in Hollywood, California, on June 12, 2023. Michael Tran | Afp | Getty Images Warner Bros. Discovery on Thursday announced a restructuring plan to segment its business into linear and streaming units in a move […]
The Fed’s expected rate cut is giving stock traders cover in a choppy market
Positive seasonal conditions prevail — though small caps have yet to rally.
Federal Aviation Administration head Michael Whitaker to step down
Federal Aviation Administration Administrator Mike Whitaker listens to a question during a news conference on the FAA’s work to hold Boeing accountable for safety and production quality issues, at the Federal Aviation Administration Headquarters on May 30, 2024 in Washington, DC. Andrew Harnik | Getty Images The head of the Federal Aviation Administration, Mike Whitaker, […]
I’m a 59-year-old recluse with PTSD, a cancer diagnosis and no living relatives. What should I do with my $900,000 life savings?
“I have a large bank as trustee, and it will take a large chunk to distribute my estate.”
CFPB announces rule limiting bank overdraft fees
Rohit Chopra, director of the CFPB, testifies during a House Financial Services Committee hearing on June 14, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images The Consumer Financial Protection Bureau on Thursday announced the final version of a rule limiting banks’ ability to charge overdraft fees. It says the rule will save American […]
NFL Philadelphia Eagles minority stake sale approved
Philadelphia Eagles quarterback Jalen Hurts (1) looks on in the second half during the game between the Carolina Panthers and Philadelphia Eagles on December 08, 2024 at Lincoln Financial Field in Philadelphia, PA. Icon Sportswire | Icon Sportswire | Getty Images The National Football league has approved the sale of a minority stake in the […]
Welcome to ‘Super Thursday.’ One central bank in Europe has surprised with a 50-basis point cut.
The Swiss National Bank cut interest rates by a bigger-than-expected amount. Onto the ECB decision for later.
Nike renews its contract with the NFL until 2038
Nike football shoes are seen in a store in Krakow, Poland, on Aug. 29, 2024. Jakub Porzycki | Nurphoto | Getty Images Nike has renewed its partnership with the National Football League for another 10 years after the league briefly opened the bidding process to competitors and held talks with other companies. Under the terms […]
