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☆ Gold could rally to $3,000 over the next 12-18 months, according to Bank of America
▼ + stars: | 2024-06-24 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

Gold prices could hit $3,000 per ounce over the next 12 to 18 months if demand increases among large institutional investors, according to Bank of America commodity strategists. Central bank demand is also a positive sign, according to Bank of America. Monetary authorities are planning to increase their purchases of gold, according to the World Gold Council's central bank survey . Central banks are increasing gold reserves as a hedge against inflation, according to the survey. Monetary authorities are also reducing U.S. Treasury holdings and increasing gold reserves amid worries about the dominance and health of the dollar, according to Bank of America.

Organizations: Bank of, Federal Reserve, Bullion Market, Bank of America, Monetary, World Gold, Treasury Locations: Central, China, Beijing, @GC

☆ Food hoarding is a problem. Here is what you need to know
▼ + stars: | 2024-06-21 | by ( Madeline Holcombe | ) edition.cnn.com time to read: +6 min

Food hoarding can vary depending on the access the person has to buying food, Daigle said. It is interesting to talk about food hoarding after the lockdowns of the Covid-19 pandemic, because food hoarding served a purpose in that time, Daigle said. Some people engaging in food hoarding behaviors may isolate out of shame or feel more comfortable being around food versus being out in public. Some eating disorders have food hoarding as part of their behaviors, and the same experience may drive people to cope with both hoarding and eating disorder behaviors, she said. But shortages of other things children need may also lead to food hoarding, Daigle said.

Persons: Kimi Ceridon, Ceridon, “ We’ve, ”, Kate Daigle, Alexis Conason, Daigle, “ It’s, ” Daigle, “, Erin Rhinehart, ” Rhinehart, you’re, ” Conason, it’s Organizations: CNN, International, Susquehanna University Locations: Boston, Denver, York, Selinsgrove , Pennsylvania

☆ Opinion: Juneteenth, Haiti and the power of reinvention
▼ + stars: | 2024-06-19 | by ( Opinion Nadine Pinede | ) edition.cnn.com time to read: +11 min

Juneteenth is a celebration of that hard-fought Black freedom, observed in honor of June 19, 1865 when slaves in Galveston, Texas, first learned from Union soldiers that they were free. Like my parents growing up in Haiti, she was used to seeing Black people in positions of power. She had freed herself from unjust rules meant to restrict education for Black Americans. Mark Felix/AFP/Getty ImagesIn Haiti, Hurston’s creative powers had the time and freedom to unfurl. As the author of “Barracoon,” a book based on interviews with one of the last enslaved Black Americans, Hurston almost certainly understood the significance of Juneteenth.

Persons: Nadine Pinede, ”, Nadine Pinede Sophie Kandaouroff, Lincoln, Juneteenth, “, Jim Crow, Zora Neale Hurston, Hurston, Lynne Sladky, she’d, Little, Barnard, Langston Hughes, Hurston unapologetically, Zora, Mark Felix, Lucille, Toussaint Louverture, Jean, Jacques Dessalines, Henri Christophe, Alice Walker, Walker Organizations: Scholastic Education, Haiti Noir, CNN, Union, Black, Black American, La Force, Howard University, Barnard College, Harlem Renaissance, verve, Guggenheim Fellowship, Guggenheim, Getty, La, Magazine Locations: Haiti, ”, Haitian, Galveston , Texas, Africa, Texas, Caribbean, France, United States, Black, American, Eatonville , Florida, Miami , Florida, Little Haiti, Baltimore, Washington, New York City, Jamaica, AFP, Long

☆ After CNN report, White House bringing back program for Gold Star families to honor service members buried abroad
▼ + stars: | 2024-06-19 | by ( Jake Tapper | ) edition.cnn.com time to read: +3 min

CNN —The White House is pushing to reestablish a program for Gold Star families to honor their loved ones buried in American military cemeteries overseas after the shuttered program was featured in a CNN report, a White House official exclusively tells CNN. Biden administration officials have worked with the American Battle Monuments Commission (ABMC) to restore the program, which allows Gold Star families to have flowers placed on their loved one’s grave at US military cemeteries abroad. “The White House worked with the ABMC and this program will now be re-established,” the official said. For years, Gold Star families who lost loved ones in battle could pay for flowers and have the ABMC deliver them to the grave of their fallen family members in, say, Normandy. Rondy Elliott, a Gold Star daughter, lost her father, Corporal Frank Elliott, during the Normandy invasion 80 years ago.

Persons: CNN’s, Jake Tapper ”, Rondy Elliott, Corporal Frank Elliott, ”, Biden, Jeff Zients, John Kelly, ” Kelly, Kelly, “, –, ” “ Organizations: CNN, Gold Star, White House, Biden, Monuments Commission, White, Marine, Star Locations: Normandy, Arlington, America

☆ Caitlin Clark Is a Rorschach Test for Sports Fans
▼ + stars: | 2024-06-19 | by ( Lindsay Gibbs | ) www.businessinsider.com time to read: +9 min

But nothing that Clark does — or that is done to Clark — is treated as normal. That was just the latest bulletin in a months-long news cycle trailing everything Clark does. ESPN's Stephen A. Smith said WNBA players should go easier on Clark in games if they want to keep up record viewership: "Protect the golden goose." Related storiesThese days, watching Caitlin Clark play basketball has become a Rorschach test for a deeply divided country. Four years ago, WNBA players actually helped flip a Senate seat in Georgia.

Persons: Caitlin Clark, —, Clark, Clark —, Angel Reese, ESPN's Stephen A, Smith, Nikki Haley, Cathy Engelbert, Wilson, Michael Jordan Michael Hickey, she's, we've, Megan Rapinoe, Donald Trump, Brittney Griner, Matt Leinart, Reese, Pat McAfee, Eminem, Chennedy Carter, Carter, That's, I'm, Dijonai Carrington, Carrington vocalized, Emilee Chinn, Sabrina Ionescu, Breanna Stewart, A'ja Wilson, Clark Caitlin Clark, — infantilize, James Boyd Organizations: WNBA, Business, Chicago, CNN, Fox News, ESPN, Olympic, GOP, Chicago Sky, That's, Connecticut Sun, Getty, Black, Nike, The Locations: Iowa, Hollywood, Indiana, America, Georgia, Russia, Chicago, Washington ,, Connecticut

☆ Ancient beach destroyed by Mount Vesuvius eruption in AD79 reopens after restoration
▼ + stars: | 2024-06-19 | by ( Sharon Braithwaite | ) edition.cnn.com time to read: +2 min

CNN —An ancient beach that was destroyed by the eruption of Mount Vesuvius nearly 2,000 years ago has reopened to the public after restoration works. It reopened to the public Wednesday following years of archaeological excavations and restoration works, during which human remains and other evidence of the eruption were discovered. A view of the ancient beach, with the skeletons of the fugitive victims of the eruption of Vesuvius in 79AD, open to the public for the first time. “Herculaneum, Pompeii, Oplontis: we are working on many projects”, the Italian Minister of Culture Gennaro Sangiuliano said Wednesday. Because we are convinced that this will represent a opportunity for socio-economic development,” he added.

Persons: Pliny the Elder, Francesco Sirano, Marco Cantile, Gennaro Sangiuliano, ” Organizations: CNN, “, UNESCO Locations: Vesuvius, 79AD, Herculaneum, Oplontis, Italian

☆ Planning for retirement? These stocks make 'great long-term investments,' according to the pros
▼ + stars: | 2024-06-18 | by ( Weizhen Tan | ) www.cnbc.com time to read: +5 min

But investors with a greater risk appetite or a longer runway to retirement can consider stocks. CNBC Pro asked the experts what stocks they would buy that are suited to long-term investing for retirement purposes. Dziubinski named three stocks which she says look undervalued but will make "great long-term investments" at current prices. Starbucks Dziubinski says Starbucks ' brand and pricing power have earned it a wide economic moat rating, which according to the firm refers to a company's durable competitive advantage. Wheaton Precious Metals Regal Point Capital's Marolia named Wheaton Precious Metals as a stock with long-term potential.

Persons: Susan Dziubinski, Dziubinski, Vijay Marolia, Morningstar, Marolia, it's, Wheaton, we've, we're Organizations: Morningstar, CNBC Pro, Regal Point, Consumer, Johnson, Brands, Nike Nike, Nike, Wheaton Precious, Wheaton Precious Metals, Blackstone Group

☆ Split by Politics and Protests, Georgia Lets Soccer Carry the Flag
▼ + stars: | 2024-06-18 | by ( Tariq Panja | Ivan Nechepurenko | ) www.nytimes.com time to read: +1 min

Georgia’s road to its first game in the European soccer championship had been a long one, more than 30 years in the making. So when it finally arrived on Tuesday, no one wanted to miss out. In Tbilisi, thousands more braved the heat to gather in the city’s parks and squares to watch their team play Turkey. More pressed into one of the main stadiums in the capital, where giant video screens had been erected. He had surprised Georgia’s national team at its German training base on Saturday, puttering to a stop after a 12-day journey that had covered more than 4,000 kilometers (about 2,500 miles).

Persons: Georgia’s, puttering Organizations: Turkey Locations: Germany, Dortmund, Tbilisi

☆ Costco sells a surprising variety of gold and silver – we counted 17 different items
▼ + stars: | 2024-06-14 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +1 min

Costco has made headlines selling gold bars from Swiss and South African refineries. Collectors are tracking a dozen or so other gold and silver products the company has sold. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementBy now most folks have heard that Costco sells a lot of gold. But while the coverage has focused largely on gold bars from Swiss and South African refineries, the wholesale club's precious metals offering is much bigger.

Persons: — Organizations: Costco, Service, Business Locations: Swiss

I believe it is profoundly wrong, in difficult times like these, to campaign using a precious forum like the G7,” Meloni told reporters Thursday. Italian Prime Minister Giorgia Meloni welcomes US President Joe Biden to the G7 summit, June 13, 2024. The 2023 G7 communique, released after the last summit in Hiroshima, Japan, called for “access to safe and legal abortion and post abortion care.” Previous summits’ communiques had stopped short of using the word “abortion,” calling instead for access to sexual and reproductive health services. The spat between Meloni and Macron comes after France in March became the world’s first country to enshrine abortion rights in its constitution, the culmination of an effort which began in direct response to the US Supreme Court’s decision to roll back abortion rights in America. The same sensibility is not shared in your country today,” Macron told an Italian journalist at the summit.

Persons: Emmanuel Macron, Georgia Meloni, Macron, ” Meloni, “, ” Italy’s, ”, Giorgia Meloni, Joe Biden, Luca Bruno, communiques, Biden, Meloni, Roe, Wade, Donald Trump, Francesco Lollobrigida, Meloni’s, Pope, ” Macron Organizations: CNN, Seven, “, AP, United, Ukraine Locations: Italy, Italian, France, “ France, Puglia, Ukraine, Hiroshima, Japan, America

☆ UBS says these factors could push gold prices up to $2,600 by end-2024
▼ + stars: | 2024-06-12 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUBS says these factors could push gold prices up to $2,600 by end-2024Joni Teves, gold and precious metals strategist at UBS, discusses the bank's decision to raise its forecast for gold prices.

Persons: Joni Teves Organizations: UBS

☆ Singapore is set to lead the gold market as 'center of gravity' shifts east, World Gold Council says
▼ + stars: | 2024-06-11 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: 1 min

SINGAPORE — Singapore is set to become a leading gold hub as trading shifts east, according to the World Gold Council. Singapore's proximity to these central banks, which are actively snapping up gold, is another factor, he added. "The center of gravity of the gold market has shifted east, with Singapore, fortuitously placed as the potential fulcrum of this new balance," Fan said at the Asia Pacific Precious Metals Conference held in Singapore. China is the world's largest gold consumer, and its central bank is the largest buyer of bullion as the country seeks to boost its gold reserves. Among central banks, the People's Bank of China was the largest buyer of gold in 2023.

Persons: Shaokai Fan, fortuitously, Fan Organizations: World Gold, Asia, Precious Metals Conference, People's Bank of Locations: SINGAPORE — Singapore, Asia, Pacific, Singapore, Singapore . China, People's Bank of China

☆ Gold slips as markets eye outcome of Fed meet, CPI data
▼ + stars: | 2024-06-11 | by ( ) www.cnbc.com time to read: +1 min

India is one of the largest markets for gold as the precious metal plays an important role in the country's culture. Gold prices fell on Tuesday with investors awaiting key U.S. inflation data and the outcome of the Federal Reserve's policy meeting for details of the central bank's plans to cut interest rates against its inflation target. And that could see gold take another dent or two amid rising yields and the U.S. dollar," said City Index senior analyst Matt Simpson. The May consumer price index inflation report due on Wednesday will be the next major data point along with the Fed concluding their two-day meeting on the same day. "The fact that we'll see inflation data just hours ahead of the Fed's interest rate decision means we might see a last-minute panic and elevated levels of volatility should inflation come in hot," Simpson said.

Persons: Matt Simpson, Simpson Organizations: U.S ., Index Locations: India

☆ France’s Macron bets big and stares down the far right
▼ + stars: | 2024-06-10 | by ( Saskya Vandoorne | Joseph Ataman | ) edition.cnn.com time to read: +8 min

When Jordan Bardella, the leader of the far-right National Rally party, called on Macron to dissolve the French national parliament on Sunday night, it seemed like political posturing, riding high on his victory in European polls. Calling the far right’s bluffMacron will try to rally the right and left, urging their supporters to come together and vote against the far right, but there’s no knowing if it’ll pay off. The last time a French president dissolved the country’s lower house, the National Assembly, was in 1997. French far-right leader Marine Le Pen arrives at the National Rally party headquarters on Monday, June 10, 2024 in Paris. This could see voters of different stripes banding together to oppose a candidate from the far right.

Persons: parry, Emmanuel Macron, Jordan Bardella, ”, Macron, Jacques Chirac, Stephane Séjourné, Séjourné, ” Manon Aubry, Jean, Luc Mélenchon, Marine Le Pen, Thomas Padilla, Le Pen, Pen, Bruno Le Maire, Hannah McKay, he’ll, It’ll, ” Macron, Bardella, Yaël Braun Organizations: Paris CNN, National Assembly, French, Radio France, France, National Rally, French Finance, National, RTL, Getty, Macron’s, “ Locations: France, Republic, Macron, Gaza, Paris, Europe, Macron’s, Le Touquet

☆ The Lost Art of the Negative
▼ + stars: | 2024-06-06 | by ( Ali Watkins | ) www.nytimes.com time to read: 1 min

Silvio Cohen has been doing this for years. Soak, rinse, soak, dry, repeat. “When I tell my friends that we still do developing, they laugh,” Cohen said. The finish is a different finish.”Cohen works at 42nd Street Photo, one of a handful of legacy shops in New York City that still develop film. But in this latest renaissance — born of Covid-era lockdowns — Cohen has noticed one of the practice’s most precious components has been lost.

Persons: Silvio Cohen, ” Cohen, “, lockdowns — Cohen Locations: New York City, film’s

☆ How to sleep like a millionaire: a 5-part guide
▼ + stars: | 2024-06-05 | by ( Hilary Brueck | ) www.businessinsider.com time to read: +5 min

Longevity investor and XPrize founder Peter Diamandis uses a relatively elaborate multi-part system for getting better sleep. Martine Paris"The Oura ring doesn't help me sleep better," Diamandis said. "It helps me remain true to my commitment," by encouraging him to get at least seven hours of sleep per night. Carlina Teteris/Getty ImagesThe most important element of Diamandis' sleep routine is the timing. Sticking to this strict sleep schedule is the only way he can guarantee he gets close to eight hours of sleep each night.

Persons: —, Peter Diamandis, it's, Diamandis, you'll, Kim Kardashian, Prince Harry, Mark Zuckerberg, Gwenyth Paltrow, Lance Armstrong, Martine Paris, Oura, Elon Musk, Mark Zuckerburg, Tim Ferriss, Carolyn Van Houten, he's Organizations: Service, Business, Washington, Getty

☆ US and allies warn China is intensifying its efforts to recruit Western military pilots
▼ + stars: | 2024-06-05 | by ( Katie Bo Lillis | Haley Britzky | ) edition.cnn.com time to read: +7 min

Western-trained pilots can teach Chinese military personnel everything from air combat tactics to how to land on an aircraft carrier, according to a US official. Former western pilots — which number at least in the dozens — are training Chinese military officials who then return to China and, in turn, train more pilots there, this person said. An indictment in 2017 alleged that Duggan trained Chinese pilots while he was still a US citizen, between November 2009 and November 2012. That same month, the UK Ministry of Defense issued a security alert after several of its military pilots were also found to have been training the PLA Air Force. Last August, two US Navy sailors were arrested for allegedly sending sensitive military information to Chinese intelligence officers.

Persons: “, ”, Michael Casey, Sabrina Singh, Adm, John Aquilino, Charles Q, Brown —, —, ” Brown, Daniel Duggan, Duggan, Matt Olson Organizations: CNN, Western, Wednesday, Liberation Army, National Counterintelligence and Security Center, PLA, Pentagon, National Intelligence, ” Military, Former, US, Pacific Command, PLA Navy, PLA Air Force, ”, Air Force, NATO, People’s Liberation Army, Air Chiefs, US Marine, UK Ministry of Defense, Australian, Export Control, US Army, People’s Locations: China, Beijing, Taiwan, Western, Canada, Australia, New Zealand, United States, South Africa, Singapore, Laos, Australian, People’s Republic

☆ Elon Musk ordered Nvidia to ship thousands of AI chips reserved for Tesla to X and xAI
▼ + stars: | 2024-06-04 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +12 min

Correspondence from Nvidia staffers also indicates that Musk diverted a sizable shipment of AI processors that had been reserved for Tesla to his social media company X, formerly known as Twitter. "Elon prioritizing X H100 GPU cluster deployment at X versus Tesla by redirecting 12k of shipped H100 GPUs originally slated for Tesla to X instead," an Nvidia memo from December said. In a post on X in November, Musk wrote, "X Corp investors will own 25% of xAI." At Tesla, Musk has promised to build a $500 million "Dojo" supercomputer in Buffalo, New York, and a "super dense, water-cooled supercomputer cluster" at the company's factory in Austin, Texas. WATCH: Musk ordered Nvidia to ship thousands of AI chips to X

Persons: Elon Musk, David Swanson, Reuters Elon Musk, he's, Tesla's, Musk, Tesla, Elon, Critics, OpenAI's ChatGPT, Axios Harris, Jensen Huang, Huang, David Paul Morris, xAI's Grok, xAI, he'd, He's, Leo Koguan, Gerber Kawasaki's Ross Gerber, Joel Fleming, Fleming, hasn't, Ethan Knight Organizations: SpaceX, Tesla, Reuters, Nvidia, Tesla's Texas, CNBC, X Corp, EV, Google, Meta, Microsoft, Blackwell, Nvidia Corp, Technology, Bloomberg, Getty, Twitter, Equity Litigation Locations: Beverly Hills , California, Tesla's, U.S, San Jose , California, Buffalo , New York, Austin , Texas, North Dakota, Delaware, Tesla, xAI, SolarCity, Texas, New York

☆ Gold dips as dollar steadies, focus turns to U.S. jobs data
▼ + stars: | 2024-06-04 | by ( ) www.cnbc.com time to read: +2 min

Pure 1,000-gram gold bars produced by South Korea's LS-Nikko are stacked in a dealers room in Seoul on Jan. 9, 2009. Gold fell more than 1% on Tuesday as the dollar steadied ahead of May's U.S. jobs report, due later this week, which could set the tone for the Federal Reserve's interest rate strategy. Spot gold fell 0.9% to $2,329.10 per ounce. Gold reversed gains from a bounce late in the previous session following weaker U.S. manufacturing data. The dollar index steadied, making gold more expensive for overseas buyers, after falling overnight to its lowest since mid-April.

Persons: Gold, Bart Melek, Jim Wyckoff, Wyckoff, Soni Kumari, Silver Organizations: South Korea's, Nikko, U.S ., TD Securities, Investors, Friday's U.S, Kitco Metals, ANZ Locations: Seoul, May's, U.S, India

☆ Tiananmen Square: How journalists smuggled out the iconic ‘Tank Man’ photo
▼ + stars: | 2024-06-03 | by ( Jessie Yeung | Mike Chinoy | ) edition.cnn.com time to read: +9 min

The photo and footage of the so-called “tank man” became the defining image of the Tiananmen Square crackdown whose 35th anniversary passed on Tuesday. People hold candles at a vigil in Hong Kong to mark the Tiananmen Square anniversary on June 4, 2017. Jeff Widener/AP“I’m biking towards the Beijing Hotel and there’s just debris and charred buses on the ground,” he said. It went out.”A student protester before a burning armored personnel carrier that rammed through student lines, injuring many during an attack on pro-democracy demonstrators in Tiananmen Square, Beijing, on June 4, 1989. Several media outlets took a photo of “Tank Man,” but Widener’s shot was the most used.

Persons: Mike Chinoy, ”, Isaac Lawrence, Jeff Widener, Chinoy, Liu Heung, Widener, ‘, Kirk Martsen –, Jonathan Schaer, He’d, “, ” Schaer, “ I’m, ” Jeff Widener's, I’m, ” Liu, Liu, didn’t, ” Widener Organizations: University of Southern, China Institute, CNN, American Journalists, Chinese Communist Party, Getty, Associated Press, AP, of, People, Beijing, Widener, Sony Locations: University of Southern California’s US, Beijing, Asia, China, People’s Republic, Hong Kong, British, AFP, CNN’s Beijing, –, Bangkok, CNN’s, Tiananmen Square, Beijing –

☆ 3 ways to make your next job hunt easier in the age of AI, from a career coach with 25 years experience
▼ + stars: | 2024-06-02 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +6 min

Career coach Shari Santoriello, who has been working in the industry for 25 years, knows it; she sees it all the time. She noted that nobody likes to hear that, but you can make it easier for yourself by creating what some people call a résumé vault or master résumé. Highlight those things that make you distinctive with regard to what the job description is asking for," Santoriello told Business Insider. Related storiesOn average, Santoriello estimates, job seekers have roughly five seconds when a hiring manager looks at their résumé. "When you write your résumé toward the new industry, you want to use the industry specific language," Santoriello said.

Persons: Shari Santoriello, Santoriello, it's, you've, there's, I'm Organizations: Service, Business, Google, LinkedIn

☆ Sam Butcher, Who Gave the World Precious Moments, Dies at 85
▼ + stars: | 2024-06-01 | by ( Penelope Green | ) www.nytimes.com time to read: +2 min

Mr. Butcher was the Michelangelo of Missouri, and his adorable snub-nosed Precious Moments characters were “the Beanie Babies of porcelain,” as The Wall Street Journal once put it. Their zealous collectors, who numbered in the hundreds of thousands, built rooms for their Precious Moments figurines, convened in regional clubs and made pilgrimages to Carthage, where they slept in the Precious Moments motel or the R.V. park, marveled at the Precious Moments Fountain of the Angels, dined in the Precious Moments food courts and wandered the 30-acre grounds. (Carthage also hosted Precious Moments weddings.) There were hundreds and hundreds of Precious Moments licensees, which made hats, keychains, watches, greeting cards, books and a children’s Bible.

Persons: Sam Butcher, Jon, Mr, Butcher, Michelangelo, Missouri, marveled, Van —, —, . Butcher Organizations: Wall Street, Angels Locations: Carthage, Mo

☆ America's richest self-made woman went from $900,000 in debt to billionaire—without a college degree
▼ + stars: | 2024-06-01 | by ( Megan Sauer | ) www.cnbc.com time to read: +1 min

This week, Hendricks topped Forbes' recent American's Richest Self-Made Women list for the seventh consecutive year. Her estimated $20.9 billion net worth comes largely from her roofing materials company ABC Supply, which she co-founded with her late husband Ken Hendricks in 1982. Roofers often bought directly from individual manufacturers, locking them into an ecosystem and allowing manufacturers to drive up prices. They took out a $900,000 loan from Beloit Savings Bank and pledged everything they owned to launch their company and fill that gap, Hendricks said. "We felt like we [roofers] weren't being treated with respect," said Hendricks.

Persons: Diane Hendricks, Hendricks, Ken Hendricks, Ken, Forbes, Roofers Organizations: Forbes, ABC Supply, Beloit Savings Bank

☆ Here are the next drivers of Costco growth after a great quarter and a stock near records
▼ + stars: | 2024-05-31 | by ( Paulina Likos | ) www.cnbc.com time to read: +5 min

Costco has multiple levers of growth at its disposal, which should lead to a further boost in the stock even after its already impressive year-to-date gains. "If you're disappointed, go to another stock," Jim Cramer said during Friday's Investing Club's Morning Meeting . Jim said investors should not be concerned about the pullback because the stock often drops the day after earnings. COST 1Y mountain COST 1-year stock performance. In addition to exceeding estimates on the top and bottom lines in its fiscal 2024 third quarter, Costco turned in a better-than-expected 6.5% comparable sales increase.

Persons: Jim Cramer, Jim, Costco, Ron Vachris, Gary Millerchip —, Millerchip, Vachris, D.A, Davidson, Redburn, Rich Galanti, it's, Jim Cramer's, John Keeble Organizations: Costco, Walmart, Kroger, Costco Logistics, CNBC, Lakeside, Getty Locations: U.S, Japan, Korea, China, Grays, United Kingdom

Roku 65-inch Pro Series 4K QLED TV Roku's flagship Pro Series TV is a great all-around 4K QLED. AdvertisementShould you buy the Roku Pro Series TV? The Roku Pro series offers good image quality in a convenient, easy to use package. Ryan Waniata/Business InsiderThe Roku Pro Series is a worthy buy for anyone who wants a great midrange QLED TV. We tested a 65-inch Roku Pro Series model, but our overall impressions also apply to the 55- and 75-inch sizes.

Persons: Roku, 120Hz, Ryan Waniata, you've, U8N, Max, Roku's, It's, Hisense's U8N, You'll Organizations: Business, TCL, Shop, Walmart Shop, Dolby, Pro, TCL's, Samsung, Google, Processing Unit, Smart, AMD FreeSync Locations: Moana

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