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Costco Wholesale Corp

Wall Street heads into the week ahead as traders worry the rally is running out of steam

by Walter Watson
Wall Street heads into the week ahead as traders worry the rally is running out of steam

Wall Street continues to climb a wall of worry even as investors deliberate how much longer equities can maintain their record run. The stock rally continued on Friday , with …

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Quality stocks are dominating the market, up 25% in the past year

by Walter Watson
Quality stocks are dominating the market, up 25% in the past year

Investors have grown a bit snobbish, insisting on buying the highest quality and willing to pay up lavishly to own and flaunt the best. Among the most broadly played investment …

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Costco not done ‘saturating world’ as China store draws crowds

by Walter Watson
Costco not done ‘saturating world’ as China store draws crowds

Wholesale retailer Costco has a high-quality problem on its hands, CNBC’s Jim Cramer said Friday in response to the “shopping frenzy” at its new China store. Bloomberg reported that tens …

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Walmart looks to lab-grown diamonds this Christmas

by Anas Siddiqui
Walmart looks to lab-grown diamonds this Christmas

Walmart started carrying lab-grown diamonds last year in select stores. Now, it has expanded that to nearly 90 items that range from $78 to $498 available at the majority of …

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Costco sold more than $100 million in gold bars last quarter

by Ron Morgan
Costco sold more than 0 million in gold bars last quarter

Zoom In IconArrows pointing outwards Costco has found a new hit with online shoppers — gold. The retail warehousing giant sold more than $100 million of the precious metal in …

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Stock market today: Live updates

by Walter Watson
Stock market today: Live updates

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 7, 2023.  Brendan Mcdermid | Reuters U.S. stock futures were slightly higher …

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Charlie Munger’s wisdom and irreverence: Investors mourn a legend

by Walter Watson
Charlie Munger’s wisdom and irreverence: Investors mourn a legend

Charlie Munger at Berkshire Hathaway’s annual meeting in Los Angeles California. May 1, 2021. Gerard Miller As Charlie Munger’s admirers around the globe mourn the loss of one of the …

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Wall Street is set to wrap up a strong month next week as stocks gun for new highs

by Walter Watson
Wall Street is set to wrap up a strong month next week as stocks gun for new highs

Wall Street is set to wrap up a strong month next week as stocks gun for new highs heading into year end. Investors have reason to be bullish this month. …

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Morgan Stanley’s Mike Wilson on Magnificent 7 in 2024

by Ron Morgan
Morgan Stanley’s Mike Wilson on Magnificent 7 in 2024

Much of the gains in the S & P 500 this year can be attributed to the “Magnificent Seven” stocks. The group comprises Apple , Amazon , Alphabet , Meta …

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Goldman’s playbook for 5% 10-year yield

by Walter Watson
Goldman’s playbook for 5% 10-year yield

Investors should focus on stocks with strong balance sheets as these companies tend to be more resilient against high interest rates, according to Goldman Sachs. “Amid higher rates, we expect …

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