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Issaquah-headquartered Costco Wholesale (COST) ended in the “red” on May 29 after the big-box retailer’s Q3 per-share profit came in shy of Street estimates. The multinational’s total revenue surpassed $70 billion in its fiscal third quarter – handily beating the consensus – but a more than 15% increase in EPS to $4.93 missed expectations. But… Continue reading Forget earnings, Costco stock investors are about to get a special boost

US stocks closed at record highs on Friday, capping a strong month for Wall Street as technology shares rallied on renewed optimism surrounding artificial intelligence and easing concerns over geopolitical tensions in the Middle East. The Nasdaq Composite rose 0.2% to close at 26,972.62, while the S&P 500 gained 0.22% to finish at 7,580.06. The… Continue reading Dow closes above 51,000 as Dell-led AI rally lifts Wall Street

Palantir Technologies (PLTR) shares surged on Friday, marking the company’s strongest single-day gain in more than a year as renewed optimism around artificial intelligence helped fuel a broad rally across software stocks. Palantir stock climbed more than 9% to around $156.54 during Friday trading, making the stock’s biggest daily advance since April 2025. The gains… Continue reading Palantir stock jumps to biggest gain in over a year after AI rally

Shares of Nextpower (NXT) surged to record highs on Friday after the clean energy company announced a deal to acquire battery energy storage firm Prevalon Energy for up to $365 million, a move that deepens its push into AI-driven energy infrastructure markets. Nextpower stock rose as much as 14% during trading to around $156.50, significantly… Continue reading Nextpower stock jumps to record high after $365M Prevalon deal

SpaceX has filed its IPO prospectus, targeting a Nasdaq listing under the ticker symbol SPCX with a valuation floor of $1.8 trillion and a capital raise of $75 billion, which would make it the “largest” public offering in history. And while it’s a seismic moment for the space industry, for those holding Virgin Galactic (SPCE)… Continue reading What SpaceX IPO really means for Virgin Galactic stock

Shares of Autodesk ADSK fell sharply on Friday despite the company reporting stronger-than-expected quarterly earnings, as investors reacted cautiously to its planned $3.6 billion acquisition of maintenance software company MaintainX. Autodesk stock dropped about 4% in trading to around $230 after the company announced the all-cash acquisition, its largest deal to date. The decline extended… Continue reading Autodesk stock falls as $3.6B MaintainX deal worries investors

US stocks climbed on Friday while crude oil prices fell sharply after President Donald Trump signaled that a decision on a potential agreement with Iran could be imminent. In a post on Truth Social, Trump said he was heading into the Situation Room to make a “final determination” regarding a framework aimed at ending the… Continue reading US stocks hit new highs as Trump signals decision on Iran deal nears