Today: 18 May 2026
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NASDAQ:BJ 16 October 2025 - 29 December 2025

Costco Stock Surges Amid Retail Gloom – Will $900+ Shares Keep Climbing?

Costco (COST) Stock Slides to ~$924: Analyst Takeaways and Competitor Comparison (Oct 16, 2025)

Costco shares fell 3.4% to $924 on Oct. 16 despite fiscal Q4 net sales rising 8% to $84.4 billion and net income reaching $2.61 billion, both above forecasts. Same-store sales excluding gas increased 6.4%, and membership fee revenue jumped 14% to $1.72 billion. Walmart and Target also declined, while BJ’s Wholesale was flat. Wall Street’s 12-month price target for Costco averages $1,054.
16 October 2025
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Stock Market Today

  • Ripple's Bank Deals Surge but XRP Price Declines
    May 17, 2026, 7:40 PM EDT. Ripple has secured ten major banking partnerships in 2024 with firms like Deutsche Bank and JPMorgan, integrating its network but often bypassing its native token, XRP. Despite this growth, XRP's price has dropped by around 41%, as many deals favor RLUSD, Ripple's dollar-pegged stablecoin, over XRP for settlements. RLUSD offers stability without the volatility of cryptocurrencies, meeting institutional demand for low-risk cross-border payment solutions. Ripple continues its monthly XRP escrow releases, using a portion for liquidity and operations. Consequently, XRP holders see limited price impact from Ripple's expanding network usage and partnerships.

Latest articles

Rigetti Stock Struggles, Demand for Answers Grows

Rigetti Stock Struggles, Demand for Answers Grows

18 May 2026
Rigetti shares fell 7.37% Friday to $17.85, down about 5.8% for the week, amid heavy trading after earnings. The company reported Q1 revenue of $4.4 million and an operating loss of $26 million. Nasdaq Composite lost 1.5% Friday, while other quantum stocks also declined. CEO Subodh Kulkarni is set to speak at a virtual symposium May 21.
Super Micro Shares Slip, Eyes on Monday for SMCI

Super Micro Shares Slip, Eyes on Monday for SMCI

18 May 2026
Super Micro Computer shares closed at $31.04 Friday, down 6% on the day and 12.2% since May 8, as the Nasdaq fell 1.54%. The company reports $10.24 billion in March-quarter sales, missing analyst estimates and down from $12.7 billion the prior quarter, with a 9.9% gross margin and $6.6 billion in operating cash outflow. Management will address investors Monday at a J.P. Morgan conference.
Exxon to Be Watched Monday After Oil Rally and Court Ruling

Exxon to Be Watched Monday After Oil Rally and Court Ruling

18 May 2026
Exxon Mobil closed Friday at $157.92, up 3.4%, after a surge in crude prices lifted energy stocks. Brent crude settled at $109.26 a barrel and WTI at $105.42, both jumping on concerns over shipping near the Strait of Hormuz. A Texas jury found Exxon not liable in a long-running investor lawsuit. Trading resumes Monday; U.S. markets are closed for the weekend.
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