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Top related persons:
Jim Cramer - 1 Morgan Stanley - 1 Gary Millerchip - 1 Instacart - 1 Jim Cramer's - 1 Jim - 1 John Keeble - 1 — - 1
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Search resuls for: "Silver Bullion"


5 mentions found


☆ How Costco is expanding e-commerce on 3 fronts and what's next for the record-high stock
  + stars: | 2024-06-10 | by ( Paulina Likos | ) www.cnbc.com   time to read: +5 min
Everybody, including Costco, is chasing Amazon, which accounts for 45% of all U.S. e-commerce sales, according to JPMorgan in a research note Monday. While unlikely to compete at the level of Amazon or Walmart online in the near future, Costco could carve out a lucrative e-commerce lane with its loyal, value-orientated customers. Engaged members want to spend more online at Costco "given the value/quality and cash back," the analysts added. Costco has an "incredible opportunity to better target customers and leverage its rich database of perfect data and is still in its early innings" of e-commerce, JPMorgan said. Adding to the e-commerce story, JPMorgan cited the Costco Logistics network, which has amped up "e-commerce fulfillment of bulky items."
Persons: Jim Cramer, Morgan Stanley, Gary Millerchip, Instacart, Jim Cramer's, Jim, John Keeble Organizations: Costco, JPMorgan, Walmart, Amazon, Target, Kroger, Costco Logistics, Logistics, CNBC, Lakeside, Getty Locations: Grays, United Kingdom
☆ You can now get Ozempic at Costco — but don't expect big savings
  + stars: | 2024-04-03 | by ( Alex Bitter | ) www.businessinsider.com   time to read: +3 min
Costco is now selling the weight loss drug Ozempic through a partnership with health startup Sesame. Still, that doesn't cover the cost of the GLP-1 drug, which has gained popularity but can be costly. Now, you can get a prescription for the weight loss drug Ozempic through the retailer, too. For $179, members can get a prescription for the GLP-1 weight loss drug plus a meeting with a doctor or specialist. Ozempic, Wegovy, and other GLP-1 drugs have gained popularity among people trying to lose weight over the last few years.
Persons: —, Michael DiLorenzo, DiLorenzo, Sesame, weren't, Michael Botta Organizations: Costco, Service, CNN, Business, Sesame, Novo Nordisk Locations: Denmark
☆ Silver set for a 'terrific year' and could outperform gold to hit a 10-year high
  + stars: | 2024-02-07 | by ( Lee Ying Shan | ) www.cnbc.com   time to read: +3 min
Global silver demand is forecast to reach 1.2 billion ounces in 2024, which would mark the second-highest level on record, the Silver Institute said in a recent report. "We think silver will have a terrific year, especially in terms of demand," Michael DiRienzo, executive director of the Silver Institute told CNBC. He expects silver prices to reach $30 per ounce, which would be a 10-year high, according to data from LSEG. Silver prices, like gold, tend to have an inverse relationship with interest rates. In contrast, gold prices usually rise during times of economic weakness or uncertainty.
Persons: Nicky Loh, Michael DiRienzo, Randy Smallwood Organizations: Silver Bullion, Bloomberg, Getty, Silver Institute, CNBC, Wheaton, Metals, U.S . Federal Reserve, Wheaton Precious Metals, Vw Locations: Singapore, India, U.S
☆ Euro gains; yen flounders ahead of c.bank bonanza
  + stars: | 2023-09-19 | by ( ) www.cnbc.com   time to read: +3 min
In this photo illustration, banknotes of Euro, Japanese Yen, Chinese Yuan and US dollar bill are placed under one-ounce silver bullion coins arranged on February 20, 2021 in Katwijk, Netherlands. The euro clung to gains on Tuesday following hawkish comments from European Central Bank, or ECB, policymakers, while the yen languished near a 10-month low ahead of a key rate decision from the Bank of Japan, or BOJ, later in the week. In Asia, the yen slipped marginally to 147.64 per dollar and was kept pinned near last week's 10-month low of 147.95 per dollar. Elsewhere, the U.S. dollar edged broadly lower, though strayed not too far from a six-month peak hit against its major peers last week ahead of the Fed's interest rate decision on Wednesday. Sterling edged 0.04% higher to $1.2390, ahead of an interest rate decision from the Bank of England, or BoE, also due this week.
Persons: Yuan, Rodrigo Catril, Kazuo Ueda, Erik Weisman, BoE Organizations: European Central Bank, Bank of Japan, Federal Reserve, ECB, National Australia Bank, Reuters, U.S, New Zealand, Fed, MFS Investment Management, Bank of England Locations: Katwijk , Netherlands, Asia
☆ Gold gains as U.S. dollar eases off one-month peak
  + stars: | 2023-02-08 | by ( ) www.cnbc.com   time to read: +2 min
Gold and Silver bullion is offered for sale at the Chicago Coin Company May 11, 2006 in Chicago, Illinois. Gold prices ticked higher on Wednesday as the dollar retreated from a one-month peak after U.S. Federal Reserve Chair Jerome Powell did not revert to a more hawkish stance despite last week's stronger-than-expected jobs report. Following Powell's remarks, the dollar index eased from a one-month high and was down 0.1% on the day. Minneapolis Fed President Neel Kashkari said the Fed would probably have to raise interest rates to at least 5.4% in order to tame high inflation. Although gold is seen as an inflation hedge, high interest rates lift the opportunity cost of holding the non-yielding asset.
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