Business

Costco (COST) Q1 2026 Earnings

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✨ Check out this awesome post from Business News 📖 📂 Category: 📌 Main takeaway: Customers walk in the parking lot outside a Costco store on December 2, 2025 in Chicago, Illinois. Scott Olson | Getty ImagesCostco It said Thursday that it beat Wall Street's quarterly expectations as its sales rose 8.2% year over year.The Warehouse Club does not share full-year forecasts. The company is expected to share more details about the quarter during the earnings call, which begins at 5 p.m. ET.Here's what Costco did in its fiscal first quarter compared to what Wall Street expected, based on a…

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Home prices went negative for the first time in more than two years

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🚀 Check out this trending post from Business News 📖 📂 Category: 💡 Key idea: Home for sale in The Heights in Houston, Monday, October 27, 2025.Kirk Sides | Houston Chronicle | Getty ImagesHome prices are finally down from a year ago, though only partially, according to daily readings from Parcl Labs, which looks at high-frequency listing data on single-family homes, condos, and townhomes, both new and existing. However, they may still be softer, as house prices have fallen by 1.4% in just the past three months.Nationally, home prices have not gone negative since mid-2023, a year after the Fed…

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Rivian announces new ambitions in AI technology, chips and robotaxis

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🔥 Read this must-read post from Business News 📖 📂 Category: ✅ Here’s what you’ll learn: Rivian debuted new technology at its first Autonomy and AI Day on Thursday in Palo Alto, California.Credit: RivianElectric vehicle maker Rivian Cars Samsung has developed a custom chip, an in-car computer and new artificial intelligence models that will enable it to bring self-driving features to its upcoming vehicles, the company revealed at its first "Autonomy and AI Day" on Thursday in Palo Alto, California.Rivian shares fell nearly 3% during the hour-long event, and fell further as OpenAI made its AI announcement on Thursday, revealing…

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Eli Lilly’s weight-loss drug retatrotide passes first late-stage study

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🔥 Explore this awesome post from Business News 📖 📂 Category: 💡 Here’s what you’ll learn: The Eli Lilly logo appears on the company's office in San Diego, California, US, November 21, 2025.Mike Blake | ReutersEli Lilly The next-generation obesity drug achieved what appears to be the highest weight loss yet in a late-stage trial while reducing osteoarthritis pain in the knee, clearing the first of several upcoming studies on the weekly injection, she said Thursday. The highest dose of the drug helped patients with obesity and a type of knee osteoarthritis lose an average of 23.7% of their body…

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Why do wealthy private investment companies love WhatsApp?

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🔥 Read this insightful post from Business News 📖 📂 Category: 📌 Here’s what you’ll learn: The mobile messaging app WhatsApp is displayed on the Apple iPhoneBrent Lewin | Bloomberg | Getty ImagesFor the investment firms of the ultra-rich, WhatsApp is a one-stop-shop for everything from screening deals to finding the best surgeons. Sam Nalin Copley, an investment adviser at a family office in London, runs a 970-person WhatsApp group for single-family offices and has seen it all, from checking credentials to finding co-investors to selling multi-million-dollar sets of dinosaur bones and Pokemon cards.“If I need something at any time…

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Inside the $500 billion family office network

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🚀 Read this must-read post from Business News 📖 📂 Category: 💡 Key idea: Rob Walton, left, retired Walmart chairman, and Walmart board member Stuart Walton listen at Walmart's annual formal business and shareholder meeting in Rogers, Arkansas, on May 30, 2018. Walmart shareholders from around the world can attend meetings throughout the week.Rick T Wilking | Getty ImagesA version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide for the high-net-worth investor and consumer. subscription To receive future issues, directly to your inbox.Walmart The stock price is up 25% this year, putting…

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Art Basel Miami is witnessing strong attendance and sales

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🔥 Discover this trending post from Business News 📖 📂 Category: 💡 Key idea: Art Basel Miami Beach had strong sales and attendance last week, as the art market benefited from a wave of renewed confidence following strong November auctions in New York.More than 80,000 collectors and art lovers flocked to the Miami Convention Center for the annual art fair, with many works selling for more than $1 million. Collectors from the United States, Europe, Latin America, the Middle East and Africa visited the fair's more than 280 galleries, along with numerous art galleries and pop-up exhibitions throughout Miami.After nearly…

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JetBlue has unveiled its first-ever airport lounge, BlueHouse

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🚀 Check out this trending post from Business News 📖 📂 Category: 📌 Here’s what you’ll learn: JetBlue Airways' new lounge, BlueHouse, in JFK Airport's Terminal 5.Courtesy: JetBlue AirwaysJetBlue Airlines“The first airport lounge since I started flying nearly 26 years ago is here, inspired by a New York City apartment — but bigger. The 9,000-square-foot lounge, called BlueHouse, is scheduled to open Dec. 18 at 5 a.m. ET at the airline's main hub in Terminal 5 at John F. Kennedy International Airport. A seating area in JetBlue's new airport loungeCourtesy: JetBlue AirwaysWith the new space, JetBlue joins the ranks of…

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Coca-Cola names COO Henrique Braun to replace James Quincey as CEO in 2026

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💥 Read this must-read post from Business News 📖 📂 Category: ✅ Here’s what you’ll learn: Henrique Braun becomes the next CEO of Coca-Cola.Courtesy: The Coca-Cola Companycoca cola Chief Operating Officer Henrik Braun will succeed James Quincey as CEO next year, the company said on Wednesday, as Coca-Cola and its rivals struggle with tepid consumer demand for soft drinks.Coca-Cola said the change will take effect on March 31, and Brown will be nominated to serve on the company's board of directors. Quincy will remain with the company as CEO of its Board of Directors.Quincy, 60, has held the top job…

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Southwest’s CEO says the airline is “actively pursuing” the airport lounge network

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✨ Discover this trending post from Business News 📖 📂 Category: 📌 Main takeaway: A Southwest Airlines plane takes off from Minneapolis-Saint Paul International Airport in Minneapolis, Minnesota, US, November 7, 2025. Tim Evans | ReutersSouthwest Airlines The company is "actively pursuing" the possibility of opening a network of airport lounges, CEO Bob Jordan told CNBC on Wednesday, as the airline industry continues to battle for premium travelers.“I think the lounges will be a huge benefit to our customers,” Jordan said in an interview. "And you [would] You have a lounge network that allows you to offer a premium credit…

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