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Costco declares $13.3B special dividend and reauthorizes $4B buyback; CoreWeave beats Q3 revenue estimates.

11 Nov 2026, 12:45 WIB
Seeking Alpha
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Bullish
Costco declares $13.3B special dividend and reauthorizes $4B buyback; CoreWeave beats Q3 revenue estimates.

Costco announced a $30 per share special dividend totaling $13.3 billion, payable December 4 to shareholders of record November 24, along with a reauthorization of a $4 billion stock repurchase program. CoreWeave reported Q3 revenue of $3.66 billion, surpassing expectations, and raised its fiscal 2026 revenue guidance to $13–$13.3 billion, above analyst consensus. Meanwhile, 7 Brew has launched a food menu to compete with Starbucks and Dutch Bros, aiming to increase average sales per customer. These developments highlight strong corporate earnings and strategic moves to enhance shareholder value and market competition.

Costco trades at USD 1,064.00 with a slight 0.20% drop as of Nov 11, 2026 18:02 WIB on Pluang. CoreWeave surged 14.69% to USD 55.89, showing strong investor interest. Starbucks is priced at USD 109.33, down 0.56%, with high buy activity on Pluang.

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