Costco Wholesale Corporation (NASDAQ: COST) has reported strong financial results for Q4 2024, driven by double-digit growth in gold bullion and jewelry sales. Gold bullion has become a key contributor to Costco's e-commerce growth, with sales helping to boost comparable e-commerce sales by 18.9%. The company also reported a 9% year-over-year increase in net income, alongside a 40-basis-point improvement in gross margins. Additionally, Costco raised its membership fees in September 2024 and continued its global expansion with 14 new store openings, further strengthening its market position.

This article investigates how global mining companies, traditionally known for other metals, are strategically positioned to capitalize on rising silver prices. It highlights the significant yet often overlooked role these firms play in the silver industry, beyond their primary metal focus. We examine key players like Fresnillo, KGHM, and Southern Copper, revealing their contributions to the silver market.

You are mistaken to think you’ve missed the AI boom. Investors who bet on the right AI stocks now – at the dawn of AI in the early 2020s – are giving themselves the chance to turn thousands into millions.

The demand for EDA software is anticipated to maintain robust growth, with double-digit increases expected to continue throughout the decade as the major semiconductor companies (see list here) begin to require, and acquire, custom-designed chips for their new products.

As the end of April approaches, will 2023 be another year where the “Sell In May” strategy works? While no one knows the answer, historical statistics, current economic indicators, and technical measures suggest some caution is warranted.

BDI is a “leading economic indicator” in that it measures the transportation cost of raw materials used for production of finished goods. Therefore, it is an important input in predicting short-term economic activity.

This infographic, part one in our 2014 Gold Series, introduces the yellow metal and tells the story of how it became the most sought after metal on earth.

There is a significant rise in demand for specialized AI applications, which necessitate the creation of tailored AI chips and this shift has brought Electronic Design Automation (EDA) software to the forefront. Let’s delve into what EDA software is, its projected market growth, and the companies that are likely to benefit from this industry evolution.

You are mistaken to think you’ve missed the AI boom. Investors who bet on the right AI stocks now – at the dawn of AI in the early 2020s – are giving themselves the chance to turn thousands into millions. I hope this article has given you the incentive to get ready NOW and some information that will help you with that.

The BRICS nations are coming of age....The bloc of five emerging countries—Brazil, Russia, India, China and South Africa—  will welcome six new members: Saudi Arabia, Argentina, Egypt, Ethiopia, Iran and the United Arab Emirates (UAE).