Business & Economy

Costco beats revenue estimates as record gasoline volumes boost member traffic. AI Could Drive the Next Leg Higher for COST Stock.

amefika12 hours ago05 mins

Costco Wholesale (COST) just reported fiscal third-quarter results that beat Wall Street’s revenue expectations, but the story behind the numbers is even more compelling. Record fuel volumes attracted first-time gasoline customers, pharmacy sales increased due to demand for the drug GLP-1, and digital traffic increased 37%. With membership renewal rates stabilizing and fee refunds to…

NewGen joins investment in K25.ai as AI prediction market momentum deepens

amefika13 hours ago02 mins

NewGenIVF Group (NASDAQ: $NIVF) is turning a small strategic stake in K25.ai into a broader public market push around digital assets, artificial intelligence, and prediction markets. The Nasdaq-listed company said on Thursday it exercised an add-on option to acquire an additional 4% of K25.ai, bringing its total stake to 6% after an initial 2% investment…

KeyBanc increases its price target on American Healthcare REIT (AHR)

amefika14 hours ago02 mins

American Healthcare REIT, Inc. (NYSE:AHR) is one of the The 15 Most Promising Stocks to Buy Right Now. On May 28, 2026, KeyBanc raised the company’s price target for American Healthcare REIT, Inc. (NYSE:AHR) to $58 from $55 and maintained an Overweight rating on the stock. KeyBanc said American Healthcare REIT remains well positioned to…

Does renters insurance cover water damage?

amefika15 hours ago08 mins

If you are facing water damage to your rental, you may be wondering if renters insurance covers it. The quick answer is: it depends on how the water got there in the first place. Here’s when renters insurance covers water damage, when it doesn’t, and who is typically responsible for paying for repairs. What Renters…

Here’s what pressured Cleveland-Cliffs (CLF) in the first quarter

amefika16 hours ago03 mins

Voya Investment Management, an investment management firm, released its Q1 2026 investor letter for its “Voya MI Dynamic Small Cap Fund.” This is an actively managed core US small cap stock strategy. A copy of the letter can be downloaded here. The first quarter of 2026 was challenging for equity markets as declining inflation was…

Analyst Report: Berkshire Hathaway Inc.

amefika17 hours ago01 mins

Analyst Report: Berkshire Hathaway Inc Source link

Daily Focus: The power of payroll increases

amefika18 hours ago01 mins

Daily Focus: Payrolls Get Powerful Source link

Analyst Report: Lyft Inc.

amefika19 hours ago01 mins

Analyst Report: Lyft Inc Source link

Good news for NVIDIA, Amazon and Micron investors: New research shows trillion-dollar stocks set to rise 10x in May

amefika20 hours ago05 mins

Quick reading Coatue’s Thomas Laffont argues that trillion-dollar stocks like NVIDIA and Amazon have a more than 30% chance of reaching $10 trillion, surpassing relative milestones faced by smaller companies. Micron’s cloud memory revenue nearly doubled to $5.28 billion with gross margins of 66%, but analyst targets and recent insider selling indicate near-term caution. Antitrust…

Highlights from Quanex Building Products’ Q2 Earnings Call

amefika21 hours ago07 mins

Key points Are you interested in Quanex Building Products Corporation? Here are five stocks we like best. Quanex’s second-quarter revenue rose 2.2% to $462.4 millionbut profits fell sharply as inflation in raw materials, freight and logistics squeezed margins. Net income fell to $3.4 million from $20.5 million a year earlier, and adjusted EBITDA fell to…