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☆ Why our stocks tied to AI and dependent on housing are rallying in a mixed market
▼ + stars: | 2024-07-08 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

Monday market: Stocks were mixed with the S & P 500 and Nasdaq hovering around their all-time highs and the Dow off slightly. Last week's rally was driven by the Magnificent Seven stocks, with Club names Apple , Amazon , Alphabet , Meta Platforms , and Microsoft closing at highs. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Corning, Stanley Black, Decker, —, Jim Cramer's, Jim Organizations: CNBC, Nasdaq, Dow, Apple, Microsoft, Nvidia, Broadcom, Dell, Devon Energy, Grayson, Energy, Costco, Telsey, Jim Cramer's Charitable Locations: Meta, Lowe's, Whirlpool, Williams, Sonoma, Williston, Devon

☆ Stop worrying and learn to love the triumph of Big Tech over everything
▼ + stars: | 2024-07-07 | by ( Jim Cramer | ) www.cnbc.com time to read: +9 min

We don't say they have a secular wind at their backs. We don't say: Apple's business is much better than we thought. They keep coming back to one main point: You can't have these companies dominate without something bad happening to the stock market. Let me present a different, factual manifesto: The companies with these amazing gains are companies that just don't stop inventing. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Eli Lilly, Joe Biden, Biden, Lilly, —, Tesla, Elon Musk, Jim Cramer's, Jim Cramer, Jim Organizations: Amazon, Microsoft, Apple, Nvidia, Nasdaq, pharma, Novo Nordisk, National Football League, YouTube, Web Services, Costco, Walmart, Jim Cramer's Charitable, CNBC, Facebook, Google Locations: Lilly

☆ Gen Z's latest hot club is Costco
▼ + stars: | 2024-07-05 | by ( Alex Bitter | ) www.businessinsider.com time to read: +3 min

Read previewOne of Gen Z's biggest tools for fighting persistently high food prices: Sharing a big cart of groceries — and potentially a membership card — from Costco or Sam's Club with roommates or family. Costco and Sam's Club might be happy for the new customers, but they're likely less eager about those who share membership cards to make the purchases. Wholesale retailers like Costco and Sam's Club have long appealed to consumers who shop for big families or parties. But some single people say a Costco membership makes sense for them thanks to benefits like savings on gas. Are you a shopper or employee at Costco or Sam's Club with a story idea to share?

Persons: —, Z, Devak Nanda, Nanda, abitter@businessinsider.com Organizations: Service, Costco, Sam's, Wall Street, Business, Sam's Club, Walmart, of Illinois, Champaign, Devak Locations: of Illinois Urbana

☆ Costco had 100-gram gold bars for $7,600. They sold out in less than a day.
▼ + stars: | 2024-07-05 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +1 min

Costco's largest gold product is a 100-gram bar from PAMP Suisse that last sold for $7,599.99. The jumbo-sized bar was briefly available this week, but sold out in less than a day. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Look no further than this week's sell-off of the company's largest gold product: 100-gram bars of 24-karat gold from PAMP Suisse that last sold for $7,599.99.

Persons: — Organizations: PAMP Suisse, Service, Costco, Business

☆ As heat levels climb, so do power bills. Here’s how you can keep costs down
▼ + stars: | 2024-07-04 | by ( Erika Tulfo | ) edition.cnn.com time to read: +5 min

But on the tail of a record-breaking heatwave that swept the Midwest and Northeast, she’s finding it difficult to keep costs down. Americans’ power bills are expected to soar this summer, as heat waves have already begun baking parts of the country. But keeping your AC off when you’re not home may actually result in higher bills later on. In an aerial view, high voltage power lines run along the electrical power grid on May 16, 2024, in West Palm Beach, Florida. A higher rating indicates lower energy consumption levels and, in turn, lower costs of cooling.

Persons: Emma Corrado, “, ”, Corrado, Annie Carforo, Carforo, Anthony Behar, SIPPL, Jamie McShane, Con Edison, ” Carforo, you’re, Mark Wolfe, Wolfe, Joe Raedle, ” McShane, Con, ” Wolfe Organizations: CNN, University of Wisconsin -, WE ACT, Environmental Justice, Costco, Department of Energy, National Energy Assistance, Association Locations: University of Wisconsin - Madison, Midwest, Madison , Wisconsin, York, Queens, New York City, NY, New York, acclimate, West Palm Beach , Florida, Bronx , Brooklyn, Manhattan, Westchester

☆ Costco has changed the packaging of its $4.99 rotisserie chicken — and some shoppers are voicing their annoyance
▼ + stars: | 2024-07-02 | by ( Grace Dean | ) www.businessinsider.com time to read: +1 min

Costco has gradually been switching the packaging for its rotisserie chicken from trays with lids to plastic bags. "There's just something unappealing about picking up a bagged chicken," a Reddit user wrote. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementCostco has been rolling out new the packaging for its coveted $4.99 rotisserie chicken, and some loyal customers aren't impressed with the change. The warehouse chain previously sold the Kirkland Signature chicken on black plastic trays with transparent plastic lids.

Persons: —, aren't Organizations: Costco, Service, Kirkland, Costco Connection, Business Locations: Australia

☆ I compared Sol de Janeiro's $48 Brazilian Bum Bum Cream to the Costco dupe. The latter is ⅓ of the price, and I prefer it.
▼ + stars: | 2024-07-01 | by ( Meredith Schneider | ) www.businessinsider.com time to read: +1 min

I compared Sol de Janeiro's $48 Brazilian Bum Bum Cream with Nutrius' $22 dupe sold at Costco. The Nutrius brand from Costco was budget-friendly and more comfortable for all-day wear. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementSol de Janeiro has built its identity around its famous Brazilian Bum Bum Cream, which claims to firm and tighten skin over time. This story is available exclusively to Business Insider subscribers.

Persons: Sol, Janeiro's, —, Heela Yang Organizations: Costco, Service, Business Locations: Janeiro

☆ I pay for Costco's $120 executive membership even though I only shop for 2. Here are some of my favorite things to get for easy meals.
▼ + stars: | 2024-06-30 | by ( Dominic Bucca | ) www.businessinsider.com time to read: +1 min

I use my Costco executive membership to pick up easy meal options for my household of two. The Authentic Motor City Pizza Co. deep-dish double-pepperoni pizzas are a delicious, easy dinner. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementDespite not having a large family to feed, I've been shopping at Costco for more than 20 years. I pay $120 annually for an executive membership, which comes with a 2% reward of up to $1,000 on qualified Costco purchases.

Persons: Kirkland, —, we're Organizations: Costco, Co, Service, Business

☆ 33-year-old pays $2,146/month for 556-square-foot studio in California furnished 'almost entirely with Costco': Take a look inside
▼ + stars: | 2024-06-30 | by ( Claudia Chee | ) www.cnbc.com time to read: +6 min

Photo: Bart Vandever for CNBC Make ItWhy Costco means so much to meCostco was a shopping staple for my family when I was growing up. Photo: Bart Vandever for CNBC Make ItI like to lie on my couch and lose myself in classical music on my piano. Photo: Bart Vandever for CNBC Make ItIn woven side baskets, I stash my Costco pajamas, keeping everything neat and organized. An outdoor space with possibility The outdoor space isn't fully furnished yet. I'm very excited to use my outdoor space and my paddle board this summer.

Persons: Bart Vandever, Costco, Costco Claudia, I've, they've, I'm Organizations: Costco, CNBC, Kirkland Locations: San Francisco Bay, Fremont , California

☆ I bought all my furniture at Costco for $5,000: Take a look inside
▼ + stars: | 2024-06-30 | by ( Nina Zipkin | Raffi Paul | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailI bought all my furniture at Costco for $5,000: Take a look insideClaudia Chee, 32, has a love for all things Costco. She's furnishing her new apartment with items from the store. She created the Instagram account @CostcoClaudia, where she models clothing and shares her experiences. She earns about $7,000 a month as an influencer, as well as around $5,000 a month from her job as a piano teacher. 07:17 an hour ago

Persons: Claudia Chee Organizations: Costco

☆ People aren't spending like they used to and it's forcing companies like Nike and Walgreens to make drastic changes
▼ + stars: | 2024-06-29 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +4 min

You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. People are still spending money, but there's an uncomfortable awareness that years of price hikes mean each dollar doesn't go as far as it used to. "This consumer remains very cautious, specifically when you think about larger ticket discretionary purchases," he told Oppenheimer analysts Wednesday. "Why have people who are having a hard time paying their rent have to pay more for our drink?"

Persons: —, they're, Joseph Lewis, Marvin Ellison, Oppenheimer, John David Rainey, Federal Reserve Banks, San Francisco Fed, Don Vultaggio Organizations: Service, Business, Bloomberg, Nike, Walgreens, Walmart, Federal Reserve, San Francisco, Philadelphia Fed, Iced Tea Locations: San Francisco, Philadelphia

☆ Drug store chains pushed out independent pharmacies. Here’s why they’re now closing too
▼ + stars: | 2024-06-28 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +4 min

The latest closures are part of a larger downturn, not just for Walgreens, but for other drug store chains, too, after years of expansion. Shifting trendsDrug store chains are struggling because of falling reimbursement rates for prescription drugs, according to analysts who cover the industry. But their profits from that business have dropped in recent years because of lower reimbursement rates for prescription drugs and higher fees. Dollar General’s growth has also hurt drug store chains in rural areas. When pharmacies close, some patients have to travel farther to get the medications they need.

Persons: Walgreens, Tim Wentworth, “, ” Wentworth, Elizabeth Anderson, PBMs, ” Anderson, VIllageMD Organizations: New, New York CNN, Walgreens, Wall Street, CVS, IRI, Amazon, Walmart, Costco, American Medical Association Locations: New York, United States, VillageMD

☆ I'm pulling out my old hedge fund playbook to see which stocks are working — and which ones are not
▼ + stars: | 2024-06-28 | by ( Jim Cramer | ) www.cnbc.com time to read: +9 min

I found this levered concept incredibly valuable when I ran other peoples' money at my hedge fund years ago. My first question to them, usually interjected, rudely, if I were bored or confused was: "What the heck is this business levered to?" Palo Alto Networks To understand this kind of leverage that I am talking about — as opposed to the kind that involves debt —let's start with something easy, let's start with the stock of Palo Alto Networks . We own Palo Alto because its fortunes are levered to something that has the most explosive growth of an industry I know: cybercrime. If we didn't own Palo Alto we would own CrowdStrike.

Persons: —, Nikesh Arora, Estee Lauder, Wynn, Fabrizio Freda, Jim Cramer's, Jim Cramer, Jim, Virginia Sherwood Organizations: Palo Alto, Palo Alto Networks, Wynn, GE Healthcare, Danaher, Wynn Resorts, Costco TJX Companies, Costco, Jim Cramer's Charitable, CNBC, NYSE Locations: Palo, China, Las Vegas, Macao, Maxx

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow Sam's Club plans to take on Costco's Kirkland SignaturePrivate labels have gained mainstream popularity as price conscious Americans notice the much improved store brands. It is today a $220 billion industry. Costco which built its private label, Kirkland Signature, over the course of two decades is one of the biggest. And club competitor Sam's Club has taken notice by putting a strong emphasis on its private label, Member's Mark.

Persons: Costco's, Kirkland, Mark Organizations: Costco's Kirkland, Costco, Sam's

As Sam's Club opens more locations, it is trying to raise the bar for its own brand, Member's Mark. Net sales for Sam's Club totaled $86.2 billion in its most recent fiscal year, compared with $176.63 billion for Costco's U.S. clubs. Sam's Club CEO Chris Nicholas told CNBC the brand's revamp was inspired, in part, by the retailer's chief rival. Overtaking Costco and its beloved private label won't be easy for Sam's Club, said Michael Baker, a retail analyst for D.A. But he added Costco's success with Kirkland Signature created a formula that Sam's Club can follow.

Persons: Megan Crozier, Crozier, —, kickstart, Mark, Chris Nicholas, Kirkland, Member's Mark, Michael Baker, Davidson Organizations: Sam's Club, Walmart, Costco, Kirkland, Sam's, Costco's U.S, CNBC, D.A

Here's a rapid-fire update on all 33 stocks in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club. Best Buy : Jim said Best Buy's pullback in recent days has created a buying opportunity in the electronics retailer. Salesforce : The stock has in recent weeks clawed back some of its post-earnings plunge , even before Thursday's 6% surge. Wynn Resorts : Wynn is another stock in the portfolio that, it's become increasingly clear, trades based on its exposure to China. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jim Cramer's, Jim, Wall, Abbott, Johnson, We're, haven't, it's, Walt Disney, Estee Lauder, levered, Eli Lilly, Lilly, Morgan Stanley, Goldman Sachs, OpenAI, Jensen Huang, Nikesh Arora's, Stanley Black, Decker, TJX, We've, Wells, Charlie Scharf poaches, Wynn, Jim Cramer, Michael M Organizations: Jim Cramer's Charitable Trust, CNBC, Club, Apple, Abbott Laboratories, Prime, Web, Broadcom, VMWare, Costco Wholesale, Costco, Coterra Energy, DuPont, Walt, Disney, Nvidia, Ford Motor, Ford, Blue, Motors, GE Healthcare, GE, Management, Honeywell, Linde, Microsoft, Palo Alto Networks, Procter & Gamble, Constellation Brands, Modelo, Corona, Fed, TJX, JPMorgan, Wynn Resorts, Wynn, Jim Cramer's Charitable, Traders, New York Stock Exchange, Santiago, Getty Locations: China, Covid, Dover, Eaton, Palo Alto, U.S, Wells Fargo, Las Vegas

☆ Jim Cramer names winning stocks for a more frugal consumer
▼ + stars: | 2024-06-26 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer on Wednesday said most consumers are not necessarily hurting for cash, but are sick of high prices and on the hunt for bargains. "Let's suspend the notion that the consumer's totally strapped for cash, that's wrong," he said. To Cramer, consumers are flocking to bargain outfits like Walmart and Costco , and he pointed out that the latter's low-cost signature brands are especially appealing. He named TJX , Ollie's , Ross Stores and Burlington Stores , all up year-to-date at 17.83%, 29.54%, 7.48% and 23.05% respectively. "We know apparel inflation has been sticky in the consumer price index, but these four off-price chains are cutting the price of apparel aggressively," he said.

Persons: CNBC's Jim Cramer, Let's, Cramer, TJX Organizations: Walmart, Costco, CVS, Walgreens, Ross Stores, Burlington Stores Locations: Ollie's

☆ I spent thousands renovating a 2,000-square-foot home — but these 5 cheap upgrades actually made the biggest difference
▼ + stars: | 2024-06-26 | by ( Katie Cline | ) www.businessinsider.com time to read: +5 min

We spent thousands and flexed our HGTV muscles in every corner of that house, but looking back, I'd say these five cheap upgrades made the biggest difference. Jessica Ulysses GrantPeel-and-stick wallpapers couldn't be easier to install, and the busy patterns are extremely forgiving of uneven walls. Jessica Ulysses GrantThe diverse range of patterns available ensures there is something to suit every taste, every room, and every home. A fresh coat of white paint is an instant facelift for an old houseA coat of paint can make a world of difference in a home. Jessica Ulysses GrantI worked in the hotel industry for many years, so I know how important a good bed is.

Persons: —, we'd, Lake George —, Jessica Ulysses Grant Peel, Jessica Ulysses Grant, Twig, Herringbone, HomeAdvisor, Behr, Jessica Ulysses Grant I'm, Costco's Organizations: Service, Business, Plaid, Sealy Locations: George, Lake, Airbnb, Gliderite, Italian, Kohl's

☆ Jim Cramer's word of caution on Target-Shopify deal — plus, his thoughts on 4 more stocks
▼ + stars: | 2024-06-24 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +2 min

Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. IBM : Shares rose 3% after Goldman Sachs initiated coverage of the stock with a buy rating. "We were surprised last quarter ... how much they're helping companies adjust to the new world" around artificial intelligence, Jim Cramer said. Target : Shares rose 2.5% after the retailer said companies that use Shopify's commerce platform can apply to join its third-party marketplace known as Target Plus. Affirm Holdings : Goldman Sachs assumed coverage of the buy now, pay later company with a buy rating.

Persons: Jim Cramer's, Goldman Sachs, Jim Cramer, Cramer, chipmaker Organizations: CNBC, Club, IBM, Carrier Global, Citigroup, Target, Costco, TJX Companies, Micron, Baird, Nvidia, Apple

☆ Costco CEO says this is the most important item the store sells—it's not the $1.50 hot dog
▼ + stars: | 2024-06-24 | by ( Nicolas Vega | ) www.cnbc.com time to read: 1 min

From gasoline to hot dogs to gold bars, there's no shortage of things you can buy at Costco. But the wholesale chain's CEO says the items you pull off the warehouse's extra-large shelves are of secondary importance to what you carry in your wallet. "The most important item we sell is the membership card," Ron Vachris told Fortune in an interview last month. Costco's has a 130 million-strong membership base, each of whom pays between $60 and $120 per year for access to the chain's stores.

Persons: Ron Vachris, Fortune, Costco's Organizations: Costco

☆ Sam's Club is winning over Gen Z shoppers with convenience, and that could spell trouble for Costco
▼ + stars: | 2024-06-24 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +1 min

Sam's Club has grown its Gen Z membership by 68% in the past two years, CEO Chris Nicholas said. While the main attraction is low prices, the real difference for the club is its tech, he said. That could spell trouble for Costco, which lags far behind when it comes to digital innovation. AdvertisementLong a mainstay for boomers and Gen X shoppers, warehouse clubs increasingly have a new set of fans: Gen Z. "That generation believes it's cool to save money and we agree with them," Sam's Club CEO Chris Nicholas told CNBC last week.

Persons: Chris Nicholas, —, Gen, Nicholas Organizations: Sam's, Costco, Service, CNBC, Walmart, Business

AdvertisementAyomikun Adekaiyero: The series does a great job of showing how this toxic masculinity among the men — particularly Aegon, Daemon, and Criston — escalates this conflict. I think he's a character that — don't get me wrong, I love Daemon — got a little bit muddied in season one. Ayomikun: Also, though I do believe both Aegon and Daemon want war for the wrong reasons, they're kind of right? Ayomikun: Criston and Aegon are really like that "It's always two dumb people telling each other exactlyyyyy" meme. Ayomikun: The fight was a truly brilliant scene, especially since we as the audience can't really tell which twin is which.

Persons: —, Daemon Targaryen, Aemond, Lucerys Velaryon, Jaehaerys, Helaena, she's, Eammon Jacobs, Palmer Haasch, Ayomikun Adekaiyero, Caralynn Matassa, Theo Whitman, Palmer, Alicent, Otto, Phia, Criston, Tom Glynn, Carney, Rhaenyra, Tom, I've, Lucerys, Olivia, Rhaenys, Hugh Hammer, Ollie Upton, we've, Westeros, Hugh, Clinton Liberty, Abubakar Salim, Addam, Alyn, Corlys, it's, Poor, Ewan, It's, Daemon, She's, HBO Palmer, Jace, Baela, Ser Harwin, Bethany Antonia, Harry Collett, Hightower, Rhaenyra Rhaenyra's, Theo Whiteman, they're, Daemon —, Matt, Emma, Viserys, imbeciles, Arryk, Hand, Daeron, Erryk Organizations: Service, Aegon II, Business, Greens, Aegon, HBO, Costco Locations: Driftmark, Westeros, Westerostco, Hull, Aemond, King's, Alicent, Oldtown, Rhaenyra

☆ Companies that give money to Democrats are beating Republican donors in the stock market
▼ + stars: | 2024-06-22 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Driving the outperformance in the DEMZ fund is its concentration in mega-cap technology stocks. The top five stocks owned by the DEMZ fund are Nvidia, Apple, Microsoft, Loews, and Costco. About 36% of the DEMZ fund is invested in technology stocks, compared to just 3% for the MAGA fund. The top five stocks owned by the MAGA fund are Vistra, Howmet Aerospace, Charter Communications, Amgen, and Garmin. Another area where the DEMZ ETF is beating the MAGA ETF is in assets under management, with about $36 million invested in the former and about $21 million invested in the latter.

Persons: MAGA, DEMZ, —, outperformance Organizations: Democratic, Republican, Service, Democrat, Core, GOP, Nvidia, Apple, Microsoft, Loews, Costco, Howmet Aerospace, Charter Communications, Garmin, MAGA

☆ I'm a former TV chef who spends about $150 a week at Costco. Here are 11 things I always get.
▼ + stars: | 2024-06-22 | by ( Leslie Antonoff | ) www.businessinsider.com time to read: +1 min

I'm a former TV chef who spends $150 on tasty ingredients and cooking shortcuts at Costco each week. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementBefore the first season of my aspireTV series, "Butter + Brown," I trained with a chef whose husband was a corporate executive at Costco. This chef gave me the inside scoop on the best items from the store, and since then, I've joined the nearly 35 million customers who have an executive Costco membership.

Persons: I'm, —, Kirkland, I've Organizations: Costco, Kirkland, Service, Business

☆ What's it like to work at Costco? A front-end manager shares what the job entails
▼ + stars: | 2024-06-22 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +1 min

Costco warehouses require a lot of different jobs to run smoothly each day. Few workers have more customer-facing responsibilities than front-end managers. Business Insider spoke with a longtime front-end manager about what the day-to-day is like. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Business Insider spoke with an assistant front-end manager in Texas who has been with the company for more than 20 years to learn what the day-to-day is like.

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

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