Costco continues to post strong sales gains, but one metric has been losing momentum and drawing closer scrutiny from investors. Heading into Thursday evening’s fiscal third-quarter results, shareholders, including the Club, hope to see signs of improvement in the pace of new member additions and renewals, following declines since late 2025. The big box retailer’s…
A person walks outside a Best Buy store on May 29, 2025 in Chicago, Illinois. Scott Olson | Getty Images Best Buy on Thursday reported first fiscal-quarter results that beat expectations on the top and bottom lines as the electronics retailer tries to break out of a sales slump. The company said revenue climbed slightly,…
A Walmart store in Austin, Texas, Feb. 3, 2026. Brandon Bell | Getty Images Two top Walmart executives are departing the company, nearly four months after CEO John Furner took over, according to internal memos viewed by CNBC on Friday. Tom Ward, the chief operating officer of Walmart’s warehouse chain Sam’s Club, is retiring, and…
The Club’s top 10 things to watch Friday, May 22 — Today’s newsletter was written by Jeff Marks, the Club’s director of portfolio analysis. 1. Stocks are poised to extend yesterday’s gains. Oil is slightly higher on Iran war peace deal uncertainty, but bond yields are not following the similar patten and are lower. Stocks…
President Donald Trump suggested last month he would look out for companies that didn’t seek tariff refunds after the Supreme Court struck down his wide-ranging global duties. At first, some major firms like Amazon appeared to be holding off on asking for money back over concerns they’d offend the often transactional president and end up…
President Donald Trump speaks during an announcement with Environmental Protection Agency Administrator Lee Zeldin (not pictured) in the Oval Office at the White House, in Washington, May 21, 2026. Kevin Lamarque | Reuters President Donald Trump on Thursday announced a delay of two Biden-era EPA refrigerant rules, arguing the move will cut costs for companies…
My top 10 things to watch Thursday, May 21 1. Stock futures are lower this morning. Why? Look no further than oil prices and Treasury yields. Both are higher after a reprieve yesterday. U.S. benchmark WTI crude is back above $100 a barrel. The 10-year yield is around 4.6%. Oil is back in control. Real…
Walmart issued a worse-than-expected financial outlook for the year on Thursday as it reported fiscal first-quarter results, raising questions about the health of the U.S. consumer as high gas prices strain shopper budgets. The mega retailer stood by its fiscal 2027 outlook, which disappointed investors last quarter when it was issued. The retailer said it’s…
Here we go again: Nvidia earnings week is upon us. The world’s most valuable company and the leading maker of artificial intelligence chips will deliver first-quarter earnings on Wednesday night. Of course, it will drive a ton of the action on Wall Street this week. But it’s certainly not the only thing on our radar….
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Stocks pulled back on Friday, but the S & P 500 is still on pace for its seventh straight positive week. The market moved lower in…
