WS #16931
Toyota shares rallied after the automaker lifted its annual profit forecast, signaling resilience in the auto sector. Peloton surged 6.6% on earnings that beat expectations, marking its biggest one-day gain since May. Meanwhile, Costco maintained a strong US comp pace of +8% excluding gas, with solid traffic and discretionary spending growth, underscoring continued consumer strength despite macro headwinds.
Earnings Beats & Consumer Strength
Toyota shares rallied after the automaker lifted its annual profit forecast, signaling resilience in the auto sector. Peloton surged 6.6% on earnings that beat expectations, marking its biggest one-day gain since May. Meanwhile, Costco maintained a strong US comp pace of +8% excluding gas, with solid traffic and discretionary spending growth, underscoring continued consumer strength despite macro headwinds.