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Costco (COST) Pushes Further Into GLP 1 Weight Loss Prescriptions
Simply Wall St.11d agoneutral
Costco (COST) Pushes Further Into GLP 1 Weight Loss Prescriptions

Costco Wholesale is accelerating its entry into the weight loss drug market through GLP-1 prescriptions and related healthcare services. The company is moving alongside Walmart and Amazon as retailers compete to attract customers seeking access to these treatments. Industry cutbacks on employer drug coverage are pushing more patients toward direct-to-consumer fulfillment programs. This shift could influence how Costco uses its membership model and pharmacy network to engage customers and...

The AI Economy Welcomes Its Latest $3 Trillion Club Member
The Wall Street Journal11d agoneutral
The AI Economy Welcomes Its Latest $3 Trillion Club Member

The Wall Street Journal reports on the impact the AI build-out and the AI-fueled stock rally is having on the U.S. economy. Together they helped account for roughly a third of recent U.S. economic growth, according to a report by Oxford Economics. “We have never seen a growth rate this high,” John-David Lovelock, a distinguished VP analyst at Gartner told the WSJ Leadership Institute.

Bloomberg12d agoneutral
Uber’s Robotaxi Ambition to Face Scrutiny as Shares Languish

(Bloomberg) -- The breakdown of Uber Technologies Inc.’s robotaxi partnership with Alphabet Inc.’s Waymo is looming large over the ride-hailing giant’s quarterly results, as investors grow anxious about the stock that has lagged the broader market this year. Most Read from BloombergBeer Dynasty Families Sell €731 Million Stake in AB InBevApple’s New CEO Taps Retired Hardware Executive for Management TeamTaco Bell Met With Michigan on Parasite Weeks Before RecallMamdani Dismisses Business Leaders

Amazon (AMZN) Paid $50 Billion for OpenAI. Microsoft (MSFT) Opened the Door but Kept the Keys
Insider Monkey12d agoneutral
Amazon (AMZN) Paid $50 Billion for OpenAI. Microsoft (MSFT) Opened the Door but Kept the Keys

Amazon.com, Inc. (NASDAQ:AMZN) completed its full $50 billion OpenAI investment and built a roughly 5% stake, the Financial Times reported on July 31. The payment became possible after Microsoft Corporation (NASDAQ:MSFT) revised its OpenAI agreement on April 27 and ended the exclusivity that had constrained rival cloud providers. Amazon originally committed $15 billion immediately and […]

Is Amazon.com (AMZN) A Bargain Following Its Latest Lawsuit And AI Fueled Rally?
Simply Wall St.12d agoneutral
Is Amazon.com (AMZN) A Bargain Following Its Latest Lawsuit And AI Fueled Rally?

Amazon.com (AMZN) stock is in focus after a consumer lawsuit filed on July 31, 2026, alleged the retailer sold Orgain protein powder containing harmful levels of heavy metals and misrepresented the products’ safety and quality attributes. See our latest analysis for Amazon.com. After the latest lawsuit headlines, Amazon.com’s recent share price moves still reflect strong momentum, with a 7 day share price return of 23.03% and a 1 year total shareholder return of 32.87%, which points to...

Jeff Bezos Plans to Sell $4.07 Billion Worth of Amazon Stock as Shares Shoot Up Over 20% After Earnings: Jim Cramer Calls it 'Buzzkill'
Benzinga12d agobearish
Jeff Bezos Plans to Sell $4.07 Billion Worth of Amazon Stock as Shares Shoot Up Over 20% After Earnings: Jim Cramer Calls it 'Buzzkill'

Amazon.com, Inc. (NASDAQ:AMZN) founder and executive chairman Jeff Bezos is planning to sell up to 15 million Amazon shares worth approximately $4.07 billion. Bezos’ Amazon Stock Sale Is Tied to a Prearranged Trading Plan A Form 144 filing submitted to the Securities and Exchange Commission on Monday showed that Bezos intends to sell 15 million shares of Amazon common stock through Morgan Stanley Smith Barney LLC. The proposed transaction was valued at approximately $4.07 billion based on the ma

Stocks mixed as Seoul stabilises, oil prices rise with eyes on Mideast
AFP12d agobearish
Stocks mixed as Seoul stabilises, oil prices rise with eyes on Mideast

Stocks stabilised in Asia on Tuesday after last week's tech-led rollercoaster ride as investors tracked a record day on Wall Street, while oil prices edged up after their recent plunge with Donald Trump and Iran giving conflicting views on peace talks.Oil prices rose around one percent, having plunged five percent Monday, on hopes for a US-Iran deal to reopen the Strait of Hormuz.