Nov 11, 2026
Costco class action lawsuit claims retailer overcharged customers for tariff costs
A class action lawsuit has been filed against Costco Wholesale Corp., alleging that the retailer overcharged customers by passing on the costs of tariffs imposed during the Trump administration. The plaintiff claims that Costco raised prices on both imported and U.S.-sourced goods to cover these tariffs, and is now unjustly enriching itself by refusing to refund consumers after the tariffs were invalidated by the Supreme Court. The lawsuit seeks to compel Costco to return these collected funds to consumers.
Company sentiment
Bearish
Overall sentiment
Somewhat-Bearish
Nov 10, 2026
Trade Desk revenue drops 0.5%, its first decline since its 2016 IPO
The Trade Desk reported its first year-over-year revenue decline since its 2016 IPO, with Q3 2026 revenue falling 0.5% to $736 million. Net income plummeted 67% to $38 million due to a significant restructuring charge and a high tax rate. The company's Q4 guidance projects an 11% decline in revenue compared to the previous year, signaling a challenging outlook despite beating its own lowered Q3 expectations.
Company sentiment
Neutral
Overall sentiment
Neutral