Facebook Billionaire Mark Zuckerberg at Costco

Facebook Billionaire Mark Zuckerberg at Costco

Mark Zuckerberg is one of the richest people in the world — but the Facebook founder and CEO apparently shops at bulk, discount mecca Costco. Friday, celebrity news website TMZ published a photo of the 35-year-old tech titan shopping at a Costco, reportedly in Mountain View, California on Dec. 13, according to the site. Zuckerberg, … Read more…

Costco has a China problem — and it's not tariffs

Costco has a China problem — and it’s not tariffs

People shopping at a Costco store Scott McIntyre | Bloomberg | Getty Images Costco has a problem in China, but it has nothing to do with tariffs, CNBC’s Jim Cramer said Friday. The problem is Shanghai, a city of nearly 25 million people, has only one Costco store, the “Mad Money” host said. Pair it … Read more…

Street takes pause after rally

Oracle, Adobe, Broadcom, Costco, Tapestry & more

Check out the companies making headlines before the bell: Oracle (ORCL) – Oracle beat estimates by 2 cents a share, with quarterly profit of 90 cents per share. The business software giant’s revenue fell short of Wall Street estimates and its current-quarter earnings outlook falls largely below Wall Street forecasts. Separately, Chairman Larry Ellison said … Read more…

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Adobe, Oracle, Costco and more

Shantanu Narayen Mark Neuling | CNBC Check out the companies making headlines after the bell: Shares of Adobe jumped more than 2% after the company posted a fourth-quarter earnings beat. The software company posted earnings of $2.29 per share on revenue of $2.99 billion, exceeding the earnings of $2.26 per share and revenue of $2.97 … Read more…