
Costco Stock Sinks 18% From Record Before Q4 Earnings
Costco (COST) has 10.7% US comps in the bag; Thursday earnings will reveal gross margin and membership data.
Daily Digest
Daily Digest
Pomegra Briefs - Page 36 of 52
Short, sourced summaries of the biggest market stories - what happened, why it matters, the key numbers, and what to watch next

Costco (COST) has 10.7% US comps in the bag; Thursday earnings will reveal gross margin and membership data.

The Fifth District composite (Richmond Fed) fell to -2, missing +5 forecasts, as new orders hit -6.

Brent crude (BZ=F) hit $98.78 Wednesday on sixth straight loss after Aramco restart and Iran diplomacy.

S&P Global (SPGI): manufacturing PMI 52.0, services 53.9—both below September forecasts post-rate-hike.
Telix Pharmaceuticals (TLX.AX) pays $1.65B for isotope maker ITM to challenge Novartis in cancer radiotherapy.
Diesel (ULSD) hit a record $6.53/gal, up 77% from last year, as Bessent weighs a full or partial export ban.

Priority Technology Holdings (PRTH) agrees to go private at $8.05 per share, a 38% premium, in a CEO-led deal.

Anthropic (private) cut Opus 5.5 prices 40% first; OpenAI countered 90 min later with GPT-6 Sol and Luna.

SanDisk (SNDK) gets a $2,400 Rosenblatt target as AI demand locks in 65% of its FY2028 output.

Viking Therapeutics (VKTX) shares surged as VK2735 kept 97% of weight loss via less-frequent injection dosing.

Brent (BZ=F) slips to $99.19, still up 60% in 2026, as US-Iran talks and Xi's Washington summit ease oil risk.

Son Howard takes Berkshire Hathaway (BRK.B) chair as Warren, 96, hands off $1.08T empire to CEO Greg Abel.

Innovent (1801.HK) rose 6%, Akeso 8%, as US Treasury drafted rules to preserve most China drug deals
Cintas (CTAS) is set to post $1.36 EPS, up 13%, on $2.98B revenue Wednesday, a proxy for US hiring health.
Paychex (PAYX) posted $1.32 EPS and $1.63B revenue as Paycor cuts and WISE AI drove Q1 payroll gains.
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