Client Challenge

Client Challenge

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Why GlobalFoundries Rallied on Friday

Why GlobalFoundries Rallied on Friday

A “Wall Street Journal” report highlighted a new potential semiconductor tariff rule, boosting U.S. chip manufacturers. Shares of U.S.-based semiconductor manufacturing company GlobalFoundries (GFS 7.69%) rallied on Friday, with the stock up 6.7% as of 1:50 p.m. ET. Last night, the Wall Street Journal published an article outlining a new Trump administration proposal to phase…

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Client Challenge

Client Challenge

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Costco sees more growth for its .9 billion real-estate empire and is expanding production of its famous inflation-busting hot dog combo

Costco sees more growth for its $31.9 billion real-estate empire and is expanding production of its famous inflation-busting hot dog combo

Costco pulled back the curtain on its real-estate empire as it announced fourth-quarter earnings on Thursday while marking two milestone anniversaries—the 40th year of its famously inflation-proof $1.50 hot dog-and-soda combo and Kirkland Signature’s 30th birthday. The Issaquah, Washington-based wholesaling giant’s expansion remains robust. In the fourth quarter alone, Costco opened 10 new warehouses, and…

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