- Emerge
- Posts
- 🚀 Costco Raising Membership Prices
🚀 Costco Raising Membership Prices
Market Overview
Read time 1.4 minutes
Year To Date Performances:
Dow Jones | 39,760.06 | 5.42% |
S&P 500 | 5,584.91 | 17.75% |
Nasdaq | 18,314.16 | 24.03% |
Russell 2000 | 2,119.07 | 5.28% |
TSX | 22,505.91 | 7.83% |
Bitcoin | $57,900.30 | 36.92% |
Ethereum | $3,138.76 | 37.60% |
US to Canadian Dollar | $1.36 | 2.93% |
Costco is raising its membership fees starting September 1. The annual fee will increase by $5, making standard memberships $65 and Executive Memberships $130. This change affects about 52 million members, with more than half being Executive Members. Costco last raised fees in June 2017 and typically does so every five and a half years, but delayed this increase due to high inflation.
Google has abandoned its plans to acquire HubSpot, a potential deal that could have been one of the largest this year. Following this news, HubSpot shares plummeted 19% on Wednesday, closing down 12% at $492.31, with a market value of $25 billion. Earlier this year, Alphabet showed interest in HubSpot, but discussions never progressed to due diligence. HubSpot shares, which peaked at $682 in April, have since fallen 21%, while Alphabet shares have risen 37% this year.
Raise Venture Capital in 2024. Get the course helping top founders raise venture capital. The materials in this course are used by founders pitching a16z, Sequoia, YC and more while raising tens of millions! Get the course now for just $199. *
Headlines
Inflation falls 0.1% in June.
The NFL will allow private equity companies to purchase stakes in NFL teams, up to 10% of any team.
* This is sponsored content.
FREE AI & ChatGPT Masterclass to automate 50% of your workflow
More than 300 Million people use AI across the globe, but just the top 1% know the right ones for the right use-cases.
Join this free masterclass on AI tools that will teach you the 25 most useful AI tools on the internet – that too for $0 (they have 100 free seats only!)
This masterclass will teach you how to:
Build business strategies & solve problems like a pro
Write content for emails, socials & more in minutes
Build AI assistants & custom bots in minutes
Research 10x faster, do more in less time & make your life easier
You’ll wish you knew about this FREE AI masterclass sooner 😉
Are you looking to grow your business? Here is how I can help:
📢 Promote your startup to 2,000+ VCs including investors from a16z, YC, Techstars, Rarebreed, Sequoia and more.
📱 Book a Strategy Call to get 1:1 feedback on your pitch, pitch deck and/or fundraising strategy. (If you need general startup advice, then reply to this email, and I’ll let you know if/how I can help.)
📺 Access FundraiseOS, the ultimate fundraising course with video lessons and practical worksheets helping with everything from deciding how much to raise to understanding a term sheet.
💸 Promote your product or service to 100,000+ entrepreneurs.
🌐 Connect with me on LinkedIn or X (formerly Twitter) to get access to new content about startups, fundraising, venture capital, and more every day.
Onwards and Upwards,
|
|