Costco Wholesale Corp
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Costco Wholesale Corp (COST) Stock News
The latest COST headlines and market coverage — 2 recent stories, updated throughout the day.
- The Motley Fool·Neutral
Costco's Digital Sales Jumped 21% and Gas Volumes Hit a Record. So Why Did COST Stock Drop 5%?
Costco reported strong Q3 earnings with 21% digital sales growth and record gas volumes, but the stock fell 5% due to concerns about high valuation (49x earnings), margin compression from price cuts and higher transportation costs, and investor worries that gains were inflated by temporary gas price spikes. A broader market sell-off following a stronger-than-expected jobs report also contributed to the decline.
- Benzinga·
Top 4 S&P 500 Stocks To Watch Next Week: CRM, MRVL, COST, DELL
The S&P 500 Index soared to a record high this week, continuing an uptrend that started in March when it crashed to $6,314. It rallied despite the elevated energy prices and bond yields, and after FOMC minutes showed that officials considered hiking interest rates. This article highlights the top stocks to watch next week, including Salesforce (NYSE: CRM ) , Marvell Technologies (NASDAQ: MRVL ), Costco Wholesale (NASDAQ: COST ) , and Dell Technologies (NASDAQ: DELL ) . Salesforce In Focus Amid SaaSpocalypse Jitters Salesforce, the biggest company in the customer relationship management industry, will be in the spotlight as it releases its earnings on Wednesday. These numbers come as its stock continues to languish after falling by 51% from its highest point in 2025 amid SaaSpocalypse fears. SaaSpocalypse is a fairly new word referring to the potential disruption of companies in the SaaS industry by AI tools. In a note this week, BofA's Tai Liam warned that the company was facing an AI-driven reset . Analysts expect that the company's earnings will show that its revenue rose by 12% last quarter to $11 billion. Part of this growth will be because of its recent acquisitions, including Informatica and Bluebirds. Software companies have reacted differently after ... Full story available on Benzinga.com