Shares of Costco Wholesale Corp. pulled back Tuesday, after Truist analyst Scot Ciccarelli recommended investors stop buying due to concerns that historically rich valuations increase the risk of a selloff.
More Stories
Investors see risks that the inflation battle isn’t over yet
Concerns that inflation might not be so easily defeated are starting to creep back into financial markets
China stock-market jump may be ‘tradable rally’ — but approach with caution
Chinese stocks and the exchange-traded funds that track them surged Tuesday after Beijing announced the biggest stimulus package since the...
How Caroline Ellison almost avoided prison in the criminal collapse of FTX
Prosecutors say Ellison proved essential in unraveling the theft of $8 billion in customer deposits and sending Sam Bankman-Fried to...
KB Home saw better demand for its homes as mortgage rates dropped
That message of optimism was not resonating with investors late Tuesday.
Stitch Fix forecast sinks stock, as CEO says ‘there is a lot of work’ for turnaround
Shares of Stitch Fix Inc. fell after hours on Tuesday after the online styling service forecast quarterly and full-year sales...
Elon Musk says humans could soon be heading to Mars. This former astronaut begs to differ.
“I wish he was right, but the reality is that Mars travel, for people, is very risky right now and...