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CONSUMER DISC
(NY:
XLY
)
218.10
+3.10 (+1.44%)
Official Closing Price
Updated: 8:00 PM EST, Nov 22, 2024
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Stocks Rebound As Rising Jobless Claims Sustain Rate-Cut Hopes, Dollar Falls, Gold Rallies: What's Driving Markets Thursday?
May 09, 2024
Wall Street is seeing a day of gains as all major indices traded in the green around noon in New York, driven by a surprising uptick in unemployment claims prompting speculation over Federal Reserve...
Via
Benzinga
Topics
Economy
Exposures
Interest Rates
Tesla Cuts More Jobs In China As Competition Heats Up
May 09, 2024
Tesla (NASDAQ:TSLA) grapples with mounting job cuts in China amid fierce market competition. Recent layoffs, part of a global downsizing effort exceeding 10%, target various departments at the Shanghai...
Via
Benzinga
Topics
Workforce
Exposures
Layoff
Celsius Stock’s Post-Earnings Morning Dip, Better than Coffee
May 08, 2024
The dip on Celsius stock is one to watch out for, as the company reports blowout financial results, analysts see double-digit growth ahead this year.
Via
MarketBeat
Topics
Economy
Exposures
Economy
Amazon, Telefonica's Bold Venture To Transform Telecommunications - What's On The Cards?
May 08, 2024
Telefonica SA's German branch is set to migrate one million 5G users to Amazon Web Services (AWS) this month, marking a groundbreaking partnership. This move, a first for established mobile operators,...
Via
Benzinga
US Stocks Eye Fourth Positive Session Despite Hawkish Fed Remarks; Disney, Palantir Tumble; Treasury Yields Fall: What's Driving Markets Tuesday?
May 07, 2024
Wall Street experienced a quiet session during morning trading on Tuesday, influenced by a lack of significant economic data and minimal updates on earnings from major large-cap companies.
Via
Benzinga
Topics
Economy
Exposures
Interest Rates
Amazon Storms Into South Africa: Makes Waves With Local And International Brands
May 07, 2024
Discover a world of choice with Amazon.co.za! Explore a vast array of local and global brands across 20 categories, from Electronics to Toys. Enjoy same-day and next-day delivery, plus hassle-free...
Via
Benzinga
Former CEO Schultz Urges Starbucks Overhaul Amid Sales Slump: Report
May 06, 2024
Former Starbucks Chief Executive Howard Schultz reportedly urged the coffee chain to acknowledge its faults and revamp operations following a significant sales decline.
Via
Benzinga
Elon Musk's Tesla Sues Indian Company For Trademark Infringement: Report
May 03, 2024
Tesla escalates legal action against Indian battery manufacturer for unauthorized use of its trademark, "Tesla Power," seeking compensation and a permanent injunction.
Via
Benzinga
Topics
Lawsuit
Exposures
Financial
Legal
Shocker Of 2024: Utilities Overtake Tech Sector — 10 Stocks Behind The Shift
May 02, 2024
Utilities, once the underperformers, have emerged as the surprise winners in S&P 500's first four months. Tech dipped while utilities surged.
Via
Benzinga
Topics
Stocks
Exposures
US Equities
Starbucks CEO's Dilemma Unfolds With Stock Performance, Falling Sales
May 02, 2024
Starbucks' honeymoon with new CEO Laxman Narasimhan ends abruptly as shares plummet 18% post-disappointing quarterly results. Global comparable store sales sink by 4%, with transactions down by 6%....
Via
Benzinga
Topics
Economy
Exposures
Supply Chain
Tesla Interns Face The Heat Of Musk's Budget Squeeze
May 02, 2024
Tesla's abrupt internship offer withdrawals have left students in limbo, scrambling for alternatives. Miami University's Joshua Schreiber shared his shock, losing his offer within hours of receiving...
Via
Benzinga
Topics
Workforce
Exposures
Layoff
2 Consumer Discretionary Funds To Buy As Retail Sales Rise
April 30, 2024
Inflation has the biggest and most far-reaching impact on consumer discretionary. When prices of consumer goods are in a state of continuous increase, people rein in spending on non-essential goods.
Via
Talk Markets
Topics
Economy
Exposures
Interest Rates
How Long Risk-On?
April 27, 2024
While XLF disappointed Friday, it‘s doing really OK considering the rising rates – when it starts to rise, that would be a first confirmation of higher stock prices ahead.
Via
Talk Markets
Tech Stocks Rebound As Magnificent 7 Roar On Strong Earnings, Energy Giants Tumble: What's Driving Markets Friday?
April 26, 2024
Strong earnings reports from Alphabet Inc. (NASDAQ:GOOGL) and Microsoft Corp. (NASDAQ:MSFT) have restored positive sentiment in the market, sweeping away fears of increasing risks of stagflation that...
Via
Benzinga
Topics
Economy
Exposures
Interest Rates
April Showers On Wall Street: Miners, Utilities Emerge As Bright Spots In Gloomy Market
April 30, 2024
Performance in April 2024: Utilities lead, real estate lags. S&P 500, Nasdaq 100, Dow Jones Industrial Average, small-cap and large-cap indices all decline.
Via
Benzinga
Topics
Stocks
Exposures
US Equities
Amazon's AWS Mega Investment Marks Indiana's Biggest Capital Infusion Ever
April 25, 2024
Amazon Web Services (AWS) investing $11B in Indiana to create 1,000 jobs. AWS leads the global cloud market and plans to expand in Southeast Asia.
Via
Benzinga
Stocks Dive On Fears Of Hawkish Fed; Treasury Yields Rise, Bitcoin Tumbles To $60,000: What's Driving Markets Tuesday?
April 30, 2024
Investor apprehension grips Wall Street with major indices showing midday losses on Tuesday in New York trading, ahead of the Federal Reserve’s potentially hawkish pivot in Wednesday’s meeting.
Via
Benzinga
A Pause In The Bounce
April 24, 2024
Preliminary look at the market charts tells me the selling is not over, but we may still get a push higher first, albeit much weaker than the broadly soft-landing-supportive data of yesterday.
Via
Talk Markets
Amazon to Open More Cloud Centers in Southeast Asia for Better Data Protection
April 24, 2024
Amazon plans to establish cloud regions in Southeast Asia to meet customer demands for local data storage, investing $6 billion in Malaysia by 2037.
Via
Benzinga
US Stocks Kick Off The Week In The Green, Tesla Rockets On China's FSD Approval, Yen Rallies: What's Driving Markets Monday?
April 29, 2024
U.S. stocks kicked off the week on a positive note, with all major averages edging higher in anticipation of significant events including earnings reports from tech giants like Amazon.com Inc....
Via
Benzinga
Users Refuse to Give Up On Spotify, So Does Wall Street
April 24, 2024
Spotify earnings showed investors that it's current premium valuation is more than justified, double-digit upside and EPS growth lies ahead for the name
Via
MarketBeat
Topics
Economy
Exposures
Interest Rates
Enhanced Convenience: Amazon Launches New Affordable Grocery Delivery Subscription
April 24, 2024
Amazon.com has launched a new grocery delivery subscription benefit available to Prime members and customers using EBT. The facility will be available in more than 3,500 cities and towns across the...
Via
Benzinga
Treasury Yields Rise, Tesla Jumps On Cheaper Model Pledge, Yen Plummets To 34-Year Lows: What's Driving Markets Wednesday?
April 24, 2024
Rising Treasury yields have investors cautious despite positive news from the earnings season. The yield on the long-dated 30-year Treasury bond has surged to 4.79%. It’s on track to close at the...
Via
Benzinga
Topics
Bonds
Exposures
Debt Markets
Gold Market Update
April 24, 2024
Gold recently became extremely overbought in momentum terms against ALL major fiat currencies.
Via
Talk Markets
Amazon Ends Drone Deliveries in Lockeford, Sets Eye on New Arizona Site for Expansion
April 23, 2024
Amazon has stopped drone delivery in Lockeford, California, but will continue in College Station and plans to expand in Tolleson later this year.
Via
Benzinga
Dollar Slows Down A Bit, But Not Bearish Yet
April 22, 2024
Stocks came down last week due to stucked inflation and conflict in the Middle East between Iran and Israel. However, this escalation calmed down in the last few days, which is also visible through...
Via
Talk Markets
Topics
Economy
Exposures
Fossil Fuels
Interest Rates
Amazon Aims to Outdo Walmart's Retail Game, Boosts Cashierless Tech in Stores
April 18, 2024
Amazon plans to expand its Just Walk Out cashierless shopping technology to more stores, while also testing smart carts and revamping its Fresh locations.
Via
Benzinga
Amazon's Northern Virginia Dream Fades, Job Promises Pushed to 2038 Amid HQ2 Delays
April 17, 2024
Amazon faces delays in workforce expansion at its Virginia headquarters. Despite challenges, it remains committed to creating 25,000 jobs by 2038.
Via
Benzinga
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
April 17, 2024
Lululemon's dip is potentially the best deal in the apparel industry today, analysts and institutions still see double-digit upside for the stock
Via
MarketBeat
Topics
Economy
Exposures
Interest Rates
PayPal’s User Decline Won’t Stop Its Double-Digit Upside
April 16, 2024
PayPal stock is a sitting duck waiting to be shot by value investors. Fundamental KPIs show that a decline in net users isn't as bad as it seems.
Via
MarketBeat
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