Costco Stock Surges on Strong Retail Earnings

Costco Wholesale Corporation (COST) stock is seeing gains on Thursday, alongside other retail stocks, following robust earnings from Walmart (WMT). Walmart’s strong results have boosted investor confidence in the retail sector, pushing Costco’s stock price above its 50-day moving average. Analysts are also optimistic about Costco’s future, with several issuing price target increases.

Proms Are Still a Nightmare, and Social Media Is Making It Worse

Proms are a rite of passage for high school students, but they can also be a financial and emotional nightmare. In recent years, the pressure to post glamorous prom photos on social media has driven up the cost of prom, with some girls spending $2,000 or more on their custom prom dresses. Promposals have taken on a life of their own as well. This is putting a lot of pressure on teens to spend money they don’t have and to create an image that is not always realistic.

The Staggering Cost of Building a Formula 1 Car

Building a Formula 1 car is an expensive endeavor, with the total cost potentially reaching £18.2 million. The most expensive components include the engine, which can cost between £5-£15 million, and the carbon fiber monocoque, which can cost up to £500,000. Aerodynamic components, gearbox, and hybrid systems also add significantly to the overall cost.

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