Akamai Soars; People Inc. Gains; Costco Sales Steady

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

On this episode of Stock Movers:

•  Akamai Technologies (AKAM) shares soar 23% in premarket trading 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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