The VIX has spiked midday and is now eyeing its best day in nearly a month
Stocks are slumping into the weekend, as the latest large-cap earnings report from Broadcom (AVGO) renews AI valuation concerns. The Dow Jones Industrial Average (DJIA) surged triple digits and topped a fresh record high out of the gate, but has since reversed these gains, now off 324 points. Read More | | | | Costco Stock Brushes Off Quarterly Win; Analysts Chime in. Costco Wholesale Corp (NASDAQ:COST) stock is 1.7% lower to trade at $869.90 at last glance, despite the warehouse club retailer reporting an earnings and revenue beat for the fiscal first quarter. Learn More | | | |
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