Costco January Sales Jump 9.3% to $21.3 Billion as E-Commerce Growth Explodes to 34%
Costco reports January 2026 net sales of $21.33 billion, up 9.3% year-over-year, with comparable store sales rising 7.1% and digital sales surging 34.4%.
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Tapestry Surges as Coach Brand Powers 18% Revenue Growth and Company Raises Full-Year Outlook
Tapestry reports Q2 FY2026 earnings with revenue up 18% to $2.5 billion as Coach brand acquires 2.9 million new customers and adjusted EPS soars 34% to $2.69.
Amazon Stock Crashes 10% After Hours as $200 Billion Capex Bombshell and EPS Miss Overshadow Record Revenue
Amazon shares plunge 10% in extended trading despite record $213.4 billion in Q4 revenue after the company forecasts $200 billion in 2026 capex and misses EPS estimates.
Eli Lilly Defies Market Selloff With 10% Rally as Zepbound Demand Powers Record $19.3 Billion Quarter
Eli Lilly shares surge 10% bucking a broad market selloff after Q4 2025 revenue of $19.3 billion beat estimates by over $1 billion, with full-year 2026 guidance of $81.5 billion.
Roblox Stock Rockets 18% After Hours as Q4 Revenue Crushes Expectations and Daily Users Hit 144 Million
Roblox shares surge 18% in extended trading after reporting Q4 revenue of $2.22 billion, beating estimates by $170 million, as daily active users grew by 60 million year-over-year.
McKesson Soars 16% After Blowout Q3 Earnings as Healthcare Distribution Titan Raises Full-Year Outlook
McKesson stock surges 16% to near $960 after posting Q3 fiscal 2026 EPS of $9.34 on $106 billion in revenue, beating estimates and raising full-year guidance to $39.20 per share.
The 'SaaSpocalypse' Deepens: Software Stocks Shed $1 Trillion as Hedge Funds Cash In on AI Disruption
Software stocks have lost $1 trillion in market value in 2026 as hedge funds make $24 billion shorting the sector. ServiceNow, Salesforce, and Intuit lead the carnage.
Google's Gemini AI Crosses 750 Million Monthly Users, Setting Up the Defining Tech Battle of 2026
Google's Gemini AI app reaches 750 million monthly users after adding 100 million in one quarter, closing the gap with ChatGPT's estimated 810 million users.
Reddit Crushes Q4 Expectations With $726 Million Revenue and Surprise $1 Billion Buyback
Reddit delivers blowout Q4 results with $726M revenue up 70% year-over-year, $252M net income, and authorizes its first-ever $1 billion share repurchase program.
Bitcoin Breaks Below $65,000 and Shatters Historic Trendline as Stifel Warns of Crash to $38,000
Bitcoin crashed below $65,000 on February 5, breaking a key historical trendline, as Stifel analysts warn the cryptocurrency could plunge to $38,000 amid tightening liquidity and ETF outflows.
US Treasury Will Borrow $574 Billion This Quarter as America's Debt Machine Shifts Into Higher Gear
The US Treasury announced plans to borrow $574 billion in Q1 2026 through its quarterly refunding, keeping auction sizes steady but leaning heavily on Treasury bills to finance America's growing debt.
Cardinal Health Posts Record $65.6 Billion Quarter and Raises Full-Year Outlook as Healthcare Distribution Booms
Cardinal Health reports record Q2 revenue of $65.6 billion with 36% EPS growth and raises full-year guidance as the healthcare distribution giant benefits from pharmaceutical demand and strategic acquisitions.