Morgan Stanley Keeps a Buy Call on Costco, Sets a $1,130 Price Target
Analyst Simeon Gutman pointed to Costco’s scale, supply-chain efficiency, and value-focused strategy, even as he flagged slower paid membership additions.
Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.
Analyst Simeon Gutman pointed to Costco’s scale, supply-chain efficiency, and value-focused strategy, even as he flagged slower paid membership additions.
THE APEX TIMES
As Coinbase (COIN) weakened, the GraniteShares 2x Long COIN Daily ETF (CONL) showed a wider year-to-date decline - an outcome driven by the fund’s daily reset leverage and the negative effect of volatility over time.
At the American Diabetes Association meeting, Pfizer highlighted Phase 2b results for PF’3944 (berobenatide), an ultra-long-acting GLP-1 receptor agonist designed for once-monthly maintenance dosing - along with early tolerability outlines that will shape how investors weigh Pfizer’s obesity push.
A broad slide in AI-linked chip stocks left AMD caught in the crosscurrents, even as the company’s latest results and outlook point to continued data-center momentum.
AWS growth, a stronger advertising business, and record operating margins are offset by rapidly rising property-and-equipment spending tied to AI infrastructure.
The deals total up to nearly $4 billion in cash, adding shingles, bacterial infection and Epstein-Barr virus vaccine platforms to Lilly’s pipeline.
Ford is launching the Bronco Filson, a “rugged premium” 4x4 designed in partnership with outdoors outfitter Filson, with pricing targeted in the mid-$70,000s and early-sales details pointing to a limited, brand-forward strategy.
A report says Meta is weighing an equity sale that could run into the tens of billions of dollars as the company ramps up compute, custom chips, and energy capacity for artificial intelligence - at a time when investors are focused on what dilution would mean for existing shareholders.
The retailer is funding Matthew 25: Ministries to add trailers and staging capacity - working with Procter & Gamble - to deliver basic personal-care services within the first critical days after disasters.