Author: Admin

Any shareholder of Costco Wholesale (COST +0.18%) will soon have a dividend payout to look forward to. On Nov. 13, it will pay $1.47 per share to shareholders of record at the close of business on Oct. 30. Not known as a pure income stock, Costco’s dividend only yields 0.5%, so it will take a lot of shares to build a steady revenue stream. We’ll take a look at how many are needed to receive $250 every quarter, or $1,000 a year, in Costco dividends, as well as why the stock may be worth considering as an investment beyond its…

If you could have 1 million followers on any social media platform, which would you choose? There is a correct answer, and it’s YouTube, assuming you’d like to get paid for your work. But Instagram’s latest update could upend YouTube’s long-held position as the most lucrative platform for creators, if only Instagram plays its cards right. Instagram announced on Monday that it’s testing a new type of video upload that will allow creators to share “Features,” videos up to 90 minutes long. After years in which every social platform (even LinkedIn!) aggressively pursued short-form video, this is a notable shift…

Shares of French supermarket giant Carrefour plunged 14% on Wednesday after the company cut its full-year profit forecast, citing “an unprecedented situation in France.””In light of the worsening social and security situation, the Group considers that consumption trends and operating conditions in France are facing a deterioration,” the company said in its third-quarter earnings report published late Tuesday.Over the past few days, French cities have been thrown into chaos as hundreds of thousands of protesters took to the streets calling for more spending on public services and expressing discontent over high costs of living. While most protesters were peaceful, over…

Michael Saylor’s Strategy refrained from buying or selling Bitcoin last week, choosing instead to spend $204.9 million on STRC preferred stock buybacks.Strategy repurchased 2.07 million shares between Monday and Friday, reporting no Bitcoin (BTC) transactions or stock sales through its at-the-market offering program, according to its Monday filing with the US Securities and Exchange Commission.The company said its Bitcoin holdings remained at 848,517 BTC, acquired for $64.02 billion at an average price of $75,446 per coin. At Monday’s US equities open, the biggest cryptocurrency was trading hands at roughly $79,992 apiece.Strategy’s US dollar reserve remained unchanged from the previous week,…

In brief OpenAI released GPT-6.1 Terra on October 26, with standard API prices 50% lower than GPT-5.6 Terra. It is available to Plus, Pro, Enterprise and Edu users in ChatGPT Work and Codex, and to developers as gpt-6.1-terra. In OpenAI’s internal test, Terra’s rate of factual errors at low reasoning effort fell from 53.6% to 16.7%, and at maximum effort it solved 50.3% of Terminal-Bench 4.0 tasks versus 21.5% for GPT-5.6 Terra. OpenAI released GPT-6.1 Terra on Monday, an upgrade to the middle model in its lineup that it says costs developers 50% less than GPT-5.6 Terra and handles computer…

Lawmakers in the Canadian government opened a 60-day public consultation on regulations proposed to address non-financial institution stablecoin issuers, including a potential prohibition on yield payments.On Saturday, the government of Canada gave notice that it would be open to public comment on the stablecoin regulations until Dec. 23. The proposed framework cited efforts to be consistent with stablecoin regulations in the United States and other jurisdictions, to “reduce the overall regulatory burden on multi-jurisdictional issuers.”Notably, the proposed regulations said that non-financial institution stablecoin issuers would be restricted from offering interest or yield to discourage HODLing the tokens. They would also…

In brief Canada’s draft stablecoin regulations, published October 24, open a 60-day comment period, with the rules targeted to take effect in fall 2027. Issuers would hold one-to-one reserves with Canadian custodians, redeem within three business days for no more than a 1% fee, and could not pay interest for holding a coin. Penalties run up to C$10 million for very serious violations, with the Bank of Canada supervising issuers. Canada proposed rules on Saturday that would force companies issuing stablecoins—crypto tokens designed to hold a steady value, usually one U.S. dollar—to keep real money behind every coin and hand…

Layer-1 blockchain Injective has launched a perpetual futures market tracking the rental prices of five Nvidia GPUs, allowing traders to bet on changes in AI computing costs with up to 10x leverage.The Super Intelligence Compute Index (SICI) tracks rental prices for Nvidia’s H100, B200, H200, A100 and RTX 4090 chips, using data from compute marketplaces compiled by London-based market data firm LO:TECH.According to Monday’s announcement, the index assigns the largest weight to the H100 at 40%, followed by the B200 at 25%. It is updated hourly using a trailing seven-day average of rental prices. Traders can take positions on whether…

Apple says it will replace iPhone Duo handsets that have developed problems with their screens just days after the highly-anticipated smartphone went on sale. Photos posted by social media users show lines that appeared on the screens of the technology giant’s first ever foldable device, which has a starting price of £1,999 ($2,668) in the UK.Apple said it is aware of “an issue impacting the inner display on a small number” of units and urged affected users to contact the company for a replacement.The Duo’s launch, which attracted long queues at Apple stores around the world last week, comes as…

In regions where economic activity has long revolved around fossil-fuel extraction, ensuring a just transition requires developing alternative livelihoods that account for each community’s specific needs. Regional endowment funds could be a useful vehicle for funding these local initiatives. JAKARTA—When the energy transition confronts difficult economic conditions within a country, addressing the transition’s unequal impact becomes both more challenging and more imperative. In Indonesia, with an economy recently described as a “ticking time bomb,” coal mining has long been the main driver of GDP in certain regencies and provinces. Pursuit of the energy transition in such places raises the tricky…