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Costco Stocks: $184M Tariff Refund Funds Price Cuts Across Categories

Costco received $184 million in tariff refunds during its fiscal fourth quarter, consisting of approximately $174 million in refunded tariffs and $10 million in interest, and the warehouse retailer is using most of the windfall to lower prices rather than retain it as profit. CEO Ron Vachris
GAS-3.77%
WMT0.39%
LucasBennett·24m ago
Costco Stocks: $184M Tariff Refund Funds Price Cuts Across Categories

Strategy Proposes Daily Dividends on Four Preferred Stocks

Strategy, the software company turned bitcoin treasury giant, confirmed it is asking shareholders to approve daily dividend payments on four preferred stocks: STRF, STRC, STRK, and STRD. The shareholder vote is scheduled for October 28. Strategy says the change would reduce reinvestment lag,
BTC0.25%
STRC0.39%
MSTR-1.81%
LucasBennett·32m ago
Strategy Proposes Daily Dividends on Four Preferred Stocks

Russia Strikes Ukrainian Data Centers, 100,000 Lose Internet Access

Russian military forces struck multiple data centers across Ukraine, including a facility in Kyiv's central business district that killed four people, according to the BBC. President Volodymyr Zelensky stated that Moscow seeks to maximize disruption for ordinary citizens, saying 'for Russia, all ord
NVDA0.23%
MSFT3.71%
AAPL1.52%
GOOGL0.44%
CryptoFrontier·45m ago
Russia Strikes Ukrainian Data Centers, 100,000 Lose Internet Access

SpaceX Starlink Revenue Hits $4.29B as Subscribers Double to 12M

SpaceX's Starlink Connectivity segment generated $4.29 billion in second-quarter revenue, a 66% increase from a year earlier, while operating income rose 79% to $1.66 billion. Subscriber counts doubled year-over-year from 6 million to 12 million, driving the revenue surge despite average revenue per
SPCX0.42%
LucasBennett·1h ago
SpaceX Starlink Revenue Hits $4.29B as Subscribers Double to 12M

Journalist Creates Interactive Digital Avatar with Synthesia AI

When Alexandru Voica, head of corporate affairs at video-generation startup Synthesia, sent a link this summer to an interactive virtual avatar of himself trained to answer press questions, it marked a new frontier in AI-powered public relations. The avatar represented what one journalist called "th
OliverGrant·1h ago
Journalist Creates Interactive Digital Avatar with Synthesia AI

Kraken Opens Ōura IPO Interest Registration via xStocks

Payward Services, the operator of Kraken, has opened non-binding indications of interest for Ōura's expected initial public offering through the xStocks ecosystem. Eligible Kraken users and customers of xStocks Alliance partners in more than 110 countries can register interest before the planned
SPCX0.50%
CryptoFrontier·1h ago
Kraken Opens Ōura IPO Interest Registration via xStocks