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Costco cuts prices on everyday items as inflation wallops shoppers

Costco cuts prices on everyday items as inflation wallops shoppers

Costco is turning tariff refunds into lower prices on coffee and more. Here's what it means for Costco stock investors.
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Nvidia sets biggest-ever buyback plan as AI chip competition weighs on stock performance

Nvidia sets biggest-ever buyback plan as AI chip competition weighs on stock performance

By Anhata Rooprai Sept 28 (Reuters) - Nvidia boosted its share buyback authorization by a record $150 billion, eclipsing Apple's $110 billion approval in 2024, making a big bet on its own stock as intensifying AI-chip competition weighs on its performance relative to peers.
ReutersReuters
Target lowers prices on nearly 2,000 items ahead of holiday season

Target lowers prices on nearly 2,000 items ahead of holiday season

Sept 29 (Reuters) - Target said on Tuesday it is lowering prices on nearly 2,000 home items, apparel and accessories, to attract cash-strapped shoppers ahead of the all-important holiday season.
ReutersReuters
Shares of fast-fashion's Shein plunge 14% to record low after profit slides

Shares of fast-fashion's Shein plunge 14% to record low after profit slides

HONG KONG, Sept 29 (Reuters) - Shares of fast-fashion retailer Shein tumbled as much as 14% on Tuesday after it reported a 67% fall in quarterly profit in its first post-IPO results, fuelling investor concerns over margin pressure and slowing growth.
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Bank of America Downgrades Nike Stock to Underperform Amid Slowing Recovery and Rising Risks

Bank of America Downgrades Nike Stock to Underperform Amid Slowing Recovery and Rising Risks

Bank of America Downgrades Nike Stock to Underperform Amid Slowing Recovery and Rising Risks
TheStreetTheStreet
McDonald's has an inflation problem it can't price away

McDonald's has an inflation problem it can't price away

McDonald's price hikes are starting to create a bigger problem
TheStreetTheStreet
SpaceX top executive makes first major move since IPO

SpaceX top executive makes first major move since IPO

SPCX's sequential 7% tranches are scheduled at 70, 90, and 105 trading days, with the next releases due Oct. 9 and Oct. 24.
TheStreetTheStreet
Michael Dell jumped past Zuckerberg and Brin to No. 4 richest: his fortune rose more than $11 billion in a day to $276.4 billion as Dell Technologi...

Michael Dell jumped past Zuckerberg and Brin to No. 4 richest: his fortune rose more than $11 billion in a day to $276.4 billion as Dell Technologi...

Wall Street is paying up for the company that sells the AI boom its hardware.
ReutersReuters
Shein quarterly profit falls 67% as costs jump, Europe sales slump

Shein quarterly profit falls 67% as costs jump, Europe sales slump

By Helen Reid Sept 28 (Reuters) - Fast-fashion platform Shein reported plunging profit and sliding European sales on Monday in its first results as a public company, feeding investor worries over margin pressure and slowing growth.
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Stitch Fix Reports Full-Year Revenue Growth Amidst Cautious Consumer Outlook

Stitch Fix Reports Full-Year Revenue Growth Amidst Cautious Consumer Outlook

Stitch Fix Reports Full-Year Revenue Growth Amidst Cautious Consumer Outlook
TheStreetTheStreet
UBS makes bold call as CoreWeave faces $35 billion problem

UBS makes bold call as CoreWeave faces $35 billion problem

UBS challenges Wall Street's biggest CoreWeave concern.
TheStreetTheStreet
Bank of America drops bombshell verdict on Nike stock

Bank of America drops bombshell verdict on Nike stock

The bank reset its price target on Nike.