Fast Money Blog- 3/6/26

As I’ve said many times, the stock market doesn’t like uncertainty, and we’ve seen this play out over the past 5 trading days. The Dow and S&P dropped in the wake of the U.S.’s involvement in the war in Iran and the subsequent rise in the price of oil, coupled with today’s Labor Department data showing a jump in the unemployment rate. 

Costco Earnings

In other news, Costco Wholesale Corporation (COST) released its Q2 2026 earnings with quarterly revenue of $69.6 billion, up 9.1% year-over-year. 

Overall, comparable store sales rose 7.4% in Q2, led by stores outside America.

Costco also saw strong gains in its online business, which saw sales surge 18.3% year-over-year.  And revenue from Membership fees themselves was $1.36 billion, up about 14% from a year ago.

While other retailers are struggling, Costco’s business model with its loyal members, continues to show that value along with the strong Kirkland brand make this company a winner.   

Because of Costco’s ability to raise their revenue consistently, the stock price has gone from around $318 per share 5 years ago, to today’s price of $995 per share. 

A $10,000 investment in Costco stock 5 years ago

is now worth over $30,000. 

A $100,000 investment in Costco stock 5 years ago

is now worth over $300,000.

If you’re smart about how you invest your call option premiums, over the next 2 years you will produce a lot of wealth.

Tyrone Jackson

The Wealthy Investor