Costco’s Earnings Beat, A 5.18% Treasury Yield, Pricier Oil, And AI Infrastructure Risk
Good morning, wolves. The S&P 500 slipped 0.02% Thursday, but the 10-year Treasury climbed to 5.18% and Brent crude settled at $106.60. A quiet index can hide a more expensive operating environment. AI
Costco beat its earnings, which is good news. But bigger things like higher interest rates and oil prices are making business more expensive overall.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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