Search the Newsreel

Costco Adds Infiniti as Partner for Up to $1,250 Off SUVs

Costco has partnered with Infiniti to offer its members discounts of up to $1,250 on new Infiniti SUVs including the QX60, QX65, and QX80. Executive members receive the highest discount, while Gold Star and Business members get $1,000 off. To qualify, members must have …

American Bitcoin Reports Second Quarter 2026 Results

American Bitcoin Corp. (Nasdaq: ABTC) reported its Q2 2026 financial results, highlighting record quarterly Bitcoin production and a significant increase in its strategic reserve to over 8,000 Bitcoin. The company's mining revenue reached $67.0 million, an 8% increase from Q1 2026, while the cost …

Charges filed in Costco 'tap-to-pay fraud scheme'

A California man, Shijian Ni, has been charged in Utah with communications fraud and unlawful use of a bank card for allegedly using stolen card numbers in a "tap-to-pay fraud scheme" at multiple Costco stores. Ni is accused of attempting to purchase high-value electronics …

Costco $14M email settlement: WA shoppers can claim cash

Costco has agreed to a $14 million settlement in a class-action lawsuit alleging the company sent promotional emails with fake deadlines to Washington residents. Shoppers in Washington who received such emails between June 2, 2021, and July 7, 2026, have until August 24, 2026, …

Costco prepares to open next metro Atlanta store

Costco is set to open its newest metro Atlanta store in Stone Mountain on August 27th. This 164,000-square-foot warehouse, located off Highway 78, will feature a food court, pharmacy, tire center, and gas station, employing approximately 300 workers and offering around 4,000 products. This …

MINNEAPOLIMEDIA NEWS | Costco Pays $5.5 Million for Former TGI Fridays Site, Advancing Coon Rapids Expansion

Costco Wholesale has completed its $5.5 million acquisition of the former TGI Fridays property in Coon Rapids, Minnesota, to expand its fuel facility. This purchase, which was part of a redevelopment plan approved by the Coon Rapids City Council in 2025, will allow Costco …

American Bitcoin Names Paul Sacks Interim Chief Financial Officer

American Bitcoin Corp (ABTC) announced the appointment of Paul Sacks as Interim Chief Financial Officer, effective August 4, 2026. Sacks will retain his role as Head of Derivatives without a change in compensation. This follows the voluntary resignation of Matthew Prusak from his position …

Costco Wholesale Corp (COST) Gewinnprognose: Zukünftige EPS & Umsatzwachstumsprognosen

American Bitcoin Q2 Earnings: A Better Miner, Not Yet A Better Investment (NASDAQ:ABTC)

Ritco Logistics appoints Ranu Jain as independent director for five years

TrustCo Bank Corp NY (NASDAQ:TRST) Shares Cross Above Two Hundred Day Moving Average - Here's Why

TrustCo Bank Corp NY (NASDAQ:TRST) shares recently crossed above their 200-day moving average, trading as high as $58.45 before closing at $57.74. The company reported strong quarterly earnings of $0.98 EPS on $51.5 million in revenue and maintains a quarterly dividend of $0.38, representing …

American Bitcoin Corp. (Nasdaq: ABTC) grows BTC reserve to 8,002 with record Q2 mining

American Bitcoin Corp. (ABTC) announced its Q2 2026 results, highlighting a record Bitcoin production and an increase in its Bitcoin reserve to 8,002, up 14% quarter-over-quarter. Despite this growth and increased mining revenue of $67.0 million, the company reported a net loss of $57.151 …

Costco, Sam’s Club or BJ’s: Which One Is Actually the Cheapest?

This article compares Costco, Sam's Club, and BJ's Wholesale Club to determine which offers the best value for shoppers. It analyzes membership fees, grocery prices, and additional benefits like gas discounts and coupon policies. Sam's Club is often the cheapest for staples, BJ's is …

Hut 8’s Stock Falls On Poor Financial Results

Hut 8's Stock Falls On Poor Financial Results Hut 8's (NASDAQ: $HUT) stock is down 5% on Aug.4 after the Bitcoin (CRYPTO: $BTC) miner and artificial intelligence (A.I.) data centre operator reported disappointing financial results. Hut 8 announced a second-quarter net loss of -$1.78 …

Trump-backed Bitcoin company makes key move amid quarterly loss

American Bitcoin appointed Paul Sacks as its interim chief financial officer after President and interim CFO Matthew Prusak resigned, a day after the Trump-backed Bitcoin miner reported its second-quarter earnings. The company said Prusak would step down effective Aug. 4 to pursue a new …

Brea residents ringing alarm bells over proposed Costco and gas station

Residents in Brea, Orange County, are strongly opposing a proposed Costco and gas station development, alleging city officials secretly negotiated a decades-long tax-sharing agreement that heavily favors the developer. The controversy stems from a deal that would deny the city's general fund sales tax …

Pika Cuts AI's 3x Markup to Nearly Zero With a $10-a-Month Membership

The Pika API Club gives builders wholesale-level access to 70+ leading AI models, undercutting rival pricing on select models by up to 80% SAN FRANCISCO, August 04, 2026--(BUSINESS WIRE)--The AI industry has an expensive problem. Startups are now burning 40-50% of revenue just to …

American Bitcoin’s President Resigns

American Bitcoin's President Resigns The president of American Bitcoin (NASDAQ: $ABTC) has resigned from the cryptocurrency mining firm. Matt Prusak, who served as both president and interim chief financial officer (CFO) of American Bitcoin, said he is leaving the company to join artificial intelligence …

Costco keeps its gas super cheap for a very specific reason — and it could cost you every time you fill up

Costco prides itself on its great deals and member satisfaction. But in its Q3 earnings call, company leadership revealed its biggest member draw wasn't its low grocery prices or popular food court: it was gas. The company regularly prices its gas lower than local …

How this health-food retailer differentiates between TikTok trends & teens' real health needs

Thrive Market co-founder, Nick Green, discusses the vision behind the brand's new Teen Shop and how it fits into the larger health-food landscape. Video Transcript 00:00 Speaker A you launch Teen Shop. What is the the idea behind this Nick and and and why …

American Bitcoin Names Paul Sacks Interim CFO Following Matt Prusak’s Exit

American Bitcoin Names Paul Sacks Interim CFO — Source: CoinGape American Bitcoin reported $67 million in Q2 revenue and mined a record 932 BTC, up 14% quarter-over-quarter. As Bitcoin treasury holdings reach 8,002 BTC, Paul Sacks has been appointed Interim CFO, effective August 4. …

Just a little longer, Meridian. Costco construction underway near Kuna border

Construction is well underway for the Treasure Valley's fourth Costco, located at Meridian and Lake Hazel roads in South Meridian, with the 200,000-square-foot store and 16-pump gas station nearing completion. Developers anticipate the store could open before the end of the year, possibly coinciding …

McGrath RentCorp (MGRC) Reports Softer Q2 Results, Is The Valuation Gap Still Compelling?

McGrath RentCorp (MGRC) recently announced Q2 2026 results showing decreased sales, revenue, and net income year-over-year, alongside a narrower full-year revenue forecast. Despite these softer results, the company's share price has maintained gains, with a year-to-date return of 13.71%. Simply Wall St's analysis suggests …

American Bitcoin (ABTC) Stock Rises As Revenue Grows But Losses Deepen

Jatcorp Limited Raises CEO Base Salary and Introduces Performance Incentive Scheme for Dr Xinpeng Li

American Bitcoin (ABTC), a bitcoin mining company founded by two sons of U.S. President Donald Trump

Heartcore Enterprises (HTCR) Surges 15.7% to $2.65 as Momentum Builds - MACD Signal Stocks

First Costco in the Capital Region to open this week

The first Costco in the Capital Region is set to open on August 6th at 1701 Western Ave. Tony Dotson, the general manager, announced that the store will open at 8 a.m. for members. Over 14,000 memberships have already been sold, and Costco plans …

American Bitcoin Corp. Q2 2026: Revenue $67M, EPS $(0.80) — 10-Q Summary

American Bitcoin Corp. reported its Q2 2026 results, showing a significant increase in revenue to $67M from $30.3M year-over-year, driven by expanded mining capacity and higher Bitcoin production. Despite revenue growth, the company posted a net loss of $(57.2)M and diluted EPS of $(0.80), …

A look in the Costco Warehouse opening this week in Guilderland

A new Costco Wholesale store is set to open on Thursday in Guilderland, located next to Crossgates Mall. The store has already seen a record 14,000 membership sign-ups in the Northeast region and expects 20,000 by week's end. General Manager Tony Dotson highlighted the …

Physician's Choice Launches 60 Billion Probiotic Advanced Formula at Costco Wholesale Corporation Warehouses Nationwide

Physician's Choice is introducing its 60 Billion Probiotic Advanced formula to all 625 Costco Wholesale Corporation warehouses across the United States. Starting August 3rd, the probiotic will be available in 75-count bottles for $39.99, marking a significant nationwide retail expansion for the company. This …

Costco's Renewal Trends Point to Lasting Customer Loyalty

Costco Wholesale Corporation COST continues to demonstrate exceptional member retention across its global network, showcasing sustained brand engagement and customer trust. At the close of the third quarter of fiscal 2026, the company reported a robust U.S. and Canada membership renewal rate of 92.2%, …

Matt Prusak departs American Bitcoin, joins Giga Energy as chief business officer and interim CFO

American Bitcoin President and CFO Matt Prusak is joining Giga Energy as chief business officer and interim chief financial officer, according to a LinkedIn post. Giga is an AI/HPC infrastructure provider. Separately, Prusak will leave his positions as president and interim CFO of American …

Costco stock setup remains muted amid overbought signals and uncertain momentum: weekly analysis

Costco (COST) stock is trading near $952, showing muted momentum and conflicting technical signals. The price is consolidating above key support, with analysts expecting a narrow trading range between $932.96 and $970.95 in the coming week. The company's recent dividend hike and sustainability initiatives …

American Bitcoin Stock (ABTC) Opinions on Upcoming Earnings Call

Key Points Interested in American Bitcoin Corp.? Here are five stocks we like better. Record production: American Bitcoin mined 932 Bitcoin in Q2, up 14% sequentially, while revenue rose 8% to approximately $67 million after scaling its Drumheller facility. Profitability affected by Bitcoin prices: …

American Bitcoin Reports Net Loss In Q2; Increases Strategic Reserve To Over 8,000 Bitcoin

(RTTNews) - American Bitcoin Corp. (ABTC) reported a net loss of $57.2 million for the three months ended June 30, 2026. Operating loss was $74.1 million, for the period. Adjusted EBITDA was negative at $45.0 million. Mining revenue was approximately $67.0 million, for the …