Akamai-Anthropic Deal; People Inc. Gains as MGM Mulls Making a Bid; Costco Beats

Today's biggest winners and losers in the stock market.

On this episode of Stock Movers:

- Akamai Technologies (AKAM) shares soar after the cloud provider inked a seven-year $11.6 billion deal to provide computing power to Anthropic. Analysts say the deal should boost Akamai’s growth and its profitability profile looks attractive, given the contract is entirely focused on CPUs.

- People (PPLI) shares jump on a report that MGM Resorts is discussing making a bid to purchase the Barry Diller-owned media giant. 

- Costco Wholesale (COST) quarterly profits surpassed Wall Street’s estimates after the company recorded a benefit related to tariff refunds.

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