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The information for the following product(s) has been collected independently by Business Insider: Costco Anywhere Visa® Business Card by Citi. Costco Anywhere Visa Business Card DetailsThe Costco Anywhere Visa® Business Card by Citi is one of those rare store credit cards that you can use at locations other than the merchant printed on its face. How to earn rewards with the Costco Business CardThe Costco Anywhere Business Card isn't captive to Costco stores and Costco.com. Costco Business credit card frequently asked questions (FAQ)What credit score do you need for the Costco Business credit card? Yes, you can use the Costco Anywhere Visa® Business Card by Citi outside of Costco, as long as the merchant accepts Visa cards.

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☆ Doomsday dinners: Costco sells 'apocalypse bucket' with food that lasts 25 years
▼ + stars: | 2024-07-18 | by ( Marlene Lenthang | ) www.cnbc.com time to read: +2 min

It's the end of the world as we know it and I feed fine — because Costco has an emergency dinner kit, dubbed online as "the apocalypse bucket," that lasts 25 years. The Readywise Emergency Food Bucket boasts 150 freeze-dried and dehydrated meal servings and has caused a stir on social media. And, crucially for those preparing for an apocalypse, the bucket lasts up to 25 years on the shelf. Some talked about if there was a real apocalypse, it could be difficult to get water to prepare the meals. That's more scary than the apocalypse," a commenter wrote, meanwhile another quipped, "So if the apocalypse doesn't kill you, this bucket of chemicals will."

Persons: Alfredo, It's, Jeffrey Eisner Organizations: Costco, Supply Locations: Richmond , California

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Persons: Uber, Banks, You'll, you've Organizations: Business, Business †, U.S . Bank Business, Cash, Mastercard, Costco, Citi, CitiBusiness, eBay, IRS, Social, Facebook Locations: U.S, Chevron

Here's a rapid-fire update on all 34 stocks in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club. Costco : While Costco gets nearly 7% of its sales from China, Jim said it's unlikely its business would be threatened by geopolitics given the company's popularity in the country. Constellation Brands : There's no doubt that the Modelo and Corona parent is a less attractive stock under Trump compared with Biden. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. 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, Donald Trump, Abbott's, Reckitt Benckiser, we're, there's, it's, Biden, Dupont, Trump, Walt Disney, Nelson Peltz, Jim said, Estee Lauder, Eaton, Honeywell's, Washington that's, Eli Lilly, Roche, Eli Lilly's, Lilly, Sen, J.D, Vance of, Morgan Stanley, ChatGPT, chipmaker, Laxman Narasimhan, Stanley Black, Decker, rightsizing, Wells, Wynn, he's, Jim Cramer, Brendan McDermid Organizations: Jim Cramer's Charitable Trust, CNBC, Trump, Abbott Laboratories, AMD, Broadcom, VMWare, Costco, Coterra Energy, White, Bloomberg, Federal, Motors, Ford, GE Healthcare, Big Tech, Honeywell, Air Products, Linde, Meta, Microsoft, Investors, OpenAI, Republican, Palo Alto Networks, Palo, Procter & Gamble, Biden, Constellation Brands, Modelo, The, TJX, Wynn Resorts, Club, Jim Cramer's Charitable, Traders, New York Stock Exchange Locations: China, Dover, U.S, Washington, Vance of Ohio, Meta, Taiwan, Israel, Gaza, Corona, Wells Fargo, Macau, New York City

☆ It’s not just Bob Menendez: Americans really love gold bars
▼ + stars: | 2024-07-16 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +3 min

Menendez maintains his innocence and plans to appeal the verdict, he told reporters outside the Manhattan courtroom on Tuesday. The discovery that Menendez owned a hoard of gold bars stunned many people. And now even Costco sells gold bars. The two kilograms and 11 ounces worth of gold bars Menendez and his wife possessed would have been worth over $185,000 as of Tuesday, according to Goldprice.org data. Other people who prefer to keep gold under their own roof store it in a gun safe or floor safe, he added.

Persons: Sen, Bob Menendez, Menendez, Jonathan Rose, ” Rose, ’, ”, Rose, it’s Organizations: New York CNN, Bank, Genesis Gold, Western Alliance, CNN, Costco, Dow, IRS Locations: New York, Manhattan, Beverly Hills , California

☆ Cramer's Lightning Round: Don't sell Match Group
▼ + stars: | 2024-07-16 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

Stock Chart Icon Stock chart icon Fortinet's year-to-date stock performance. Stock Chart Icon Stock chart icon Sarepta Therapeutics' year-to-date stock performance. Stock Chart Icon Stock chart icon Toast's year-to-date stock performance. Stock Chart Icon Stock chart icon Teva Pharmaceutical's year-to-date stock performance. Stock Chart Icon Stock chart icon Viking Holdings' year-to-date stock performance.

Persons: Palo, Linde's, you've, You've, there's, Teva, Eli Lilly, Jim Cramer's Organizations: Charitable Trust, Products, Air Products, Therapeutics, Sarepta Therapeutics, BJ's Wholesale, Costco, ., Teva, Viking Holdings, Royal Locations: Palo Alto, Linde, Royal Caribbean

☆ JPMorgan’s top tech analyst likes Amazon and 2 other stocks heading into earnings
▼ + stars: | 2024-07-16 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

JPMorgan highlighted Amazon as its best idea going into the second-quarter earnings season for technology stocks, followed by Uber and Google . JPMorgan analyst Doug Anmuth wrote that the Wall Street bank remains bullish on larger players in the industry, for now. The analyst highlighted Amazon as his favorite stock for the near and long term. Amazon stock has gained 27% this year. "Google remains focused on innovation, and we continue to believe there is healthy runway across Search and YouTube ads as AI drives higher ROI & TV dollars shift online," the analyst wrote.

Persons: Uber, Doug Anmuth, Anmuth, Michael Bloom Organizations: JPMorgan, Google, Amazon Web, Costco, YouTube

☆ A Colorado couple with a net worth of $800,000 shares how the FIRE movement is helping them reach their goal of retiring in their 40s
▼ + stars: | 2024-07-15 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +6 min

So when the couple learned about the FIRE movement in their mid-20s, it was music to their ears. They then tried to apply some of that information to their financial strategies. Over the past several years, the couple has grown their combined net worth to more than $800,000, according to documents viewed by BI. To make more money, Arsenault said they've "aggressively pushed for additional income." When their strategies generate extra money, the couple invests as much as possible in their 401(k) plans and low-cost index funds.

Persons: —, Chrissy Arsenault, Ryan, didn't, Arsenault, who've, hasn't, Chrissy Arsenault Arsenault, they've, They've, They're, We've Organizations: Service, FIRE, Business, Facebook, BI Locations: Colorado, Costco, Indiana, Monument , Colorado, Fishers , Indiana

☆ Why Wells Fargo shares will rise once the Fed starts cutting interest rates
▼ + stars: | 2024-07-15 | by ( Morgan Chittum | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Jim Cramer said Wells is a portfolio stock that will rise once the Federal Reserve lowers rates, leading to a rebound in the bank's interest-based revenues. 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, Donald Trump, Morgan Stanley, Monday's, clawing, Wells, Jim, Jim Cramer's Organizations: CNBC, Dow Jones Industrial, Abbott Laboratories, Companies, Wells, Federal, Costco Wholesale, Costco Locations: Wells Fargo, Wells, U.S, Canada

☆ Even though I'm single, I love shopping in bulk at Costco. Here are 8 items I like to buy.
▼ + stars: | 2024-07-14 | by ( Quierra Luck | ) www.businessinsider.com time to read: +1 min

I'm a single woman who loves shopping in bulk at Costco. I love grabbing household items like Kirkland Signature trash bags. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . At the end of every month, I head to the store for free samples, Costco pizza, and household essentials. Here are nine products I love picking up as a single woman who shops at Costco.

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

☆ One likely reason Costco is hiking its membership fee
▼ + stars: | 2024-07-14 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +1 min

Retailers' profits are seeing a pinch as inflation cools — and in some categories, even reverses. For Costco, raising membership fees can offset some of that deflationary bite. The wholesale club prides itself on ultra-low markups, and membership fees help it do that. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . A fall in prices (known as deflation) can put a pinch on retailers' profits as they must offer better promotions and discounts to keep shoppers coming back.

Persons: — Organizations: Costco, Service, Business

☆ Cramer: Here are 5 stocks I would buy right now — plus 3 to keep your eyes on
▼ + stars: | 2024-07-14 | by ( Jim Cramer | ) www.cnbc.com time to read: +18 min

In the meantime, we received some terrific feedback from members after revealing in late May five stocks we would buy right here, right now. So which stocks would I buy right now? And while we expect Monday may not be a good day for tech stocks — remember it is only day three of the rotation — you have to buy AMD before the tide turns back to tech. I said that Best Buy was much more than just a brick-and-mortar company and that its integrity was high. More importantly, like AMD, Best Buy is where people will try out a new AI PC.

Persons: We've, that's, Nvidia's Blackwell, Wells Fargo, Wells, Charlie Scharf, Charlie, Doug Braunstein, Fernando Rivas, Jamie Dimon, there's, Scharf, let's, Ed Breen, Breen, Dennis Kozlowski, Kozlowski, Medtronic, Dupont, China's, Peter Arduini, Wynn, Laxman Narasimhan, Howard Schultz, Laxman, Narasimhan, Schultz, Mellody Hobson, There's, Jim Cramer's, Jim Cramer, Jim, Pual Yeung Organizations: Dow Jones, Devices, Nvidia, Broadcom, Big Tech, AMD, Intel, PC, Microsoft, HP, Wells Fargo, JPMorgan, Costco, Gold, DuPont, Tyco, Tyco Electronics, Johnson Controls, GE Healthcare, Wynn, Starbucks, GE, Philips, Siemens, Management, Caesars, Las, Sands, Biden, Covid, Palestinian, McKinsey, PepsiCo, Jim Cramer's Charitable, CNBC, Wynn Resorts, Bloomberg, Getty Locations: Wells Fargo, Wells, U.S, Canada, Dupont, China, East Germany, Macau, Israel, Jewish, Gaza, Macao

☆ Costco is a master at building customer loyalty
▼ + stars: | 2024-07-13 | by ( Grace Dean | ) www.businessinsider.com time to read: +4 min

Read previewCostco announced this week that it's raising its membership fees — and Reddit users seem indifferent. This story is available exclusively to Business Insider subscribers. Another Redditor wrote that membership prices had only gone up by $10 since they first joined 13 years ago. AdvertisementSuperfan Susan Schwartz previously told Business Insider that the retailer was "inherently modest." AdvertisementCostco also says it will refund membership fees if customers are "dissatisfied."

Persons: —, I've, aren't, Susan Schwartz Organizations: Service, Costco, Business, Gold Star

☆ Costco unexpectedly sold out of chickens this week — 22-inch garden statue roosters, that is
▼ + stars: | 2024-07-12 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +1 min

It's often said that you can buy anything at Costco, and that includes 22-inch chicken statues. A comically proportioned steel garden chicken has apparently struck a chord with Costco shoppers. The $38 product unexpectedly sold out online, leaving some Costco fans feeling left out. AdvertisementIf there are two things Costco is well known for, it's finding items you didn't know you wanted, and selling a lot of chickens. This week, those two things converged — in a way — when the company unexpectedly sold out of a 22-inch tall garden statue of a rooster.

Persons: It's, — Organizations: Costco, Service, Business

Bank of America, meanwhile, raised its price target on Costco after the company announced an increase to its membership fees. Analyst James Heaney assumed coverage of Roblox with a hold rating — down from a buy — and $42 price target, which implies a 5.9% potential increase. Rakers' new target price suggests the stock — which is up 24.8% this year — could gain another 11.4%. Analyst Robert Ohmes upped his price target by $88 to $962 on Costco, suggesting shares could gain 8.8%. Its price target of $385 implies upside of 26.2% from Wednesday's close.

Persons: Jefferies, Roblox, downgrades, James Heaney, Heaney, RBLX, — Pia Singh, Wells, Aaron Rakers, Rakers, Wamsi Mohan, Mohan, There's, Robert Ohmes, Ohmes, Fred Imbert Organizations: CNBC, Spotify Technology, Bank of America, Costco, Silo AI, Silo, AMD, Apple, of America, Apple's, Conference, U.S, Apple Vision, America, Jefferies, Spotify Locations: Wells Fargo, Europe, North America, Nod.ai, U.S, China, India, Canada, Wednesday's

☆ Jim Cramer: Costco's membership fee hike actually signals good news for inflation
▼ + stars: | 2024-07-11 | by ( Paulina Likos | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer said Thursday that Costco 's membership fee hike suggests inflation is becoming more manageable for consumers. The fee increase "is significant because management said it wasn't going to raise its membership fee until they saw inflation under control," Cramer said on " Squawk on the Street ." Costco late Wednesday announced its long-awaited membership fee increase — the first since 2017. The membership fee hike has been a second catalyst the Club has been waiting for. Profits from the fee increase will go into the bottom line while some will be reinvested in the business.

Persons: CNBC's Jim Cramer, Cramer, — Organizations: Costco, Gold, CNBC, Management Locations: U.S, Canada

☆ Costco price increase: Is the $130 Executive Membership still worth the money?
▼ + stars: | 2024-07-11 | by ( Nicolas Vega | ) www.cnbc.com time to read: +1 min

Costco is increasing the price of admission to its warehouse stores for the first time since 2017. Beginning Sept. 1 the members-only chain will raise the price of its $60 Gold Star membership to $65. Its premium $120 Executive Membership will now cost $10 more. And if you're already a Gold Star member, should you upgrade to the $130 tier? On paper, the pricier Executive Membership sounds like a great deal.

Persons: Coke Organizations: Costco, Star

☆ Stocks making the biggest moves premarket: Delta Air Lines, Costco Wholesale, Pfizer and more
▼ + stars: | 2024-07-11 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Delta Air Lines — Shares tumbled 9% after the airline issued a lower-than-expected sales growth forecast in the current quarter. Net income also fell 30% in the second quarter despite revenue reaching record highs. Costco Wholesale — Costco shares added nearly 3% after the wholesale club raised its membership fee for the first time since 2017 . Alcoa — The aluminum producer's shares rose 2.7% after releasing preliminary second-quarter results that came in stronger than expectations. MicroStrategy – MicroStrategy shares rose more than 4% after the bitcoin development company announced a 10-for-1 stock split .

Persons: Morgan Stanley, Jefferies, MicroStrategy, —, Jesse Pound, Tanaya Macheel, Michelle Fox, Alex Harring, Hakyung Kim, Sarah Min Organizations: Delta Air Lines, Costco Wholesale, Costco, Pfizer, PepsiCo —, Pepsi, Semiconductor, Darden, Jefferies, Alcoa, FactSet, FactSet . Revenue, Spotify Locations: U.S, Canada, FactSet .

☆ Stocks making the biggest moves midday: Delta Air Lines, SoundHound AI, WD-40, Tesla and more
▼ + stars: | 2024-07-11 | by ( Sean Conlon | ) www.cnbc.com time to read: +4 min

Check out the companies making headlines in midday trading: Delta Air Lines — The stock fell almost 5% after the airline issued a sales growth forecast for the third quarter that came in below expectations. The company also reported an almost 30% decrease in net income for the second quarter compared to a year ago. Shares of major airline stocks American Airlines and United Airlines also fell around 4.7% and 3.7%, respectively, following the results. WD-40 reported total net sales of $155 million in the fiscal third quarter, up 9% from the year-ago period. Semiconductor names — Investors took a few chips off the table on Thursday, selling high-flying semiconductor stocks.

Persons: QuantumScape, Conagra, Lantheus, Tesla, Horton, —, Alex Harring, Samantha Subin, Yun Li, Lisa Kailai Han, Pia Singh, Tanaya Macheel, Darla Mercado Organizations: Delta Air Lines, American Airlines and United Airlines, Costco, Peugeot, Opel, Vauxhall, Lantheus Holdings, Medicare, Services, PepsiCo, Revenue, Bloomberg News, Bloomberg, Industries, Builders, Semiconductor, —, VanEck Semiconductor, Nvidia Locations: U.S, Canada, Europe

☆ Here are Thursday's biggest analyst calls: Nvidia, Apple, Amazon, Spotify, AMD, Uber, McDonald's, Broadcom & more
▼ + stars: | 2024-07-11 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Thursday's biggest calls on Wall Street: Morgan Stanley reiterates Eli Lilly as overweight Morgan Stanley raised its price target on the stock to $1,083 per share from $1,023. "We are initiating RBBN with a Buy rating and $5 price target because the investment thesis has significantly improved." Rosenblatt reiterates Broadcom as buy Rosenblatt raised its price target on the stock to a Street high $2,400. Morgan Stanley downgrades Microchip to equal weight from overweight Morgan Stanley said the semis company has a "lofty" valuation. Morgan Stanley upgrades Telefonica Brasil to overweight from equal weight Morgan Stanley said it's bullish on shares of the LatAm telecom company.

Persons: Morgan Stanley, Eli Lilly, Rosenblatt, Goldman Sachs, Goldman, Mizuho, Truist, Wells, Guggenheim, it's, Jefferies downgrades Darden, Jefferies, Roblox, VIV, OW, Uber, McDonald's Organizations: Broadcom, AVGO, " Bank of America, Apple, Bank of America, JPMorgan, Nvidia, Digital Realty, Mizuho, Services, AMD, Silo AI, KBW, Guggenheim, Costco, Jefferies, Spotify, Telefonica Brasil, Energy, Uber, CART Locations: NYC, Europe, underperform, Olive, China

☆ Buy Costco stock as shares are poised to rally 10% after the company raises membership fees for the first time since 2017
▼ + stars: | 2024-07-11 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Costco stock has 10% upside after raising its annual membership fees for the first time since 2017, according to Bank of America. Costco stock has been on a tear, rising 35% year-to-date, nearly double the S&P 500's 18% rise. Costco's annual membership fee will jump $5 to $65 for its Gold Star and Business memberships, while its Executive membership fee will increase by $10 to $130. Goldman estimates that Costco's fee increase will add about $400 million to membership fee income over the next two years. On top of the fee increase, Costco also announced June sales data, which saw same-store-sales jump 6.9% on a year-over-year basis to $24.48 billion.

Persons: —, Goldman Sachs Organizations: Costco, Bank of America, Service, Star, Costco's, Goldman Locations: Thursday's

☆ Costco Raises Membership Fees for First Time in 7 Years
▼ + stars: | 2024-07-11 | by ( Hank Sanders | ) www.nytimes.com time to read: +1 min

Costco is increasing its annual fee for members by more than 8 percent in the United States and Canada, the first increase in seven years, the company announced on Wednesday. Beginning Sept. 1, the fee for customers who shop at Costco Wholesale stores will increase by $5 to $65 annually for the basic Gold Star Membership and by $10 to $130 annually for customers with the Executive Membership. “The fee increases will impact about 52 million paid memberships, a little over half of which are Executive,” a spokesman for Costco, the Washington State-based membership wholesale retail store, said in a statement. “As a reminder, we last raised our membership fees in the U.S. and Canada in June 2017.”The announcement did not specify whether people who purchase annual memberships before Sept. 1 will see a charge for the difference or if they can enjoy the lower price until they pay for a second year in 2025. Costco did not immediately respond to requests for comment on Thursday.

Persons: ” Organizations: Costco, Costco Wholesale, Washington State Locations: United States, Canada, U.S

☆ Costco is still a buy despite membership price hike, says Laura Champine
▼ + stars: | 2024-07-11 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCostco is still a buy despite membership price hike, says Laura ChampineLaura Champine, director of research at Loop Capital, joins CNBC's 'The Exchange' to discuss the Costco trade, the company's new membership price hike, and more.

Persons: Laura Champine Laura Champine Organizations: Costco

☆ Momentum rules the market this summer, but let the buyer beware
▼ + stars: | 2024-07-11 | by ( Bob Pisani | ) www.cnbc.com time to read: +4 min

For passive investors, it's the best of times: They're seeing new highs on the two major cap-weighted indexes — S & P 500 and the Nasdaq Composite — with low volatility. One example is the Invesco S & P 500 Momentum ETF (SPMO) , which tracks the S & P 500 Momentum Index. That index follows the performance of stocks in the S & P 500 that have a high "momentum score." Momentum ETFs in 2024 S & P 500 up 18.1% Invesco S & P Momentum ETF (SPMO) up 39.9% iShares USA Momentum Factor (MTUM) up 28.5% Both ETFs also have concentrated bets. Why momentum is a risky strategy Let the buyer beware: Everyone looks like a genius holding on to winners in up markets.

Persons: Staples, Invesco, Eli Lilly, it's, It's, rebalanced, Rebalancing Organizations: Nasdaq, Tech, YTD Technology, Energy, Services, Momentum, Nvidia, Apple, Microsoft, Broadcom, Berkshire Hathaway, JPMorgan, Costco Locations: rebalancing

☆ Here's why the cooler consumer inflation we wanted flipped the stock market on its head
▼ + stars: | 2024-07-11 | by ( Zev Fima | ) www.cnbc.com time to read: +6 min

It also gave investors the green light to rotate out of this year's tech winners and into rate-sensitive stocks. In other words, we're right back to the market expecting as many as three cuts by the end of the year. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

Persons: Jim Cramer, toolmaker Stanley Black, Decker, Jim, Price, That's, We've, we've, Jim Cramer's, Eric Thayer Organizations: Federal Reserve, CNBC, PPI, Walmart, Costco, PepsiCo, CPI, U.S, Nasdaq, Jim Cramer's Charitable, Aldi, Bloomberg, Getty Locations: Alhambra , California

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