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CONSUMER DISC
(NY:
XLY
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187.12
+2.78 (+1.51%)
Official Closing Price
Updated: 8:00 PM EDT, Aug 30, 2024
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Stocks Show Modest Gains Ahead Of Fed's Inflation Report; Chipmakers Struggle, While Gold And Bitcoin Rebound: What's Driving Markets Thursday?
June 27, 2024
Wall Street experienced a subdued trading day on Thursday, as traders likely chose to remain on the sidelines in anticipation of Friday’s release of the Federal Reserve’s preferred inflation gauge.
Via
Benzinga
Topics
Economy
Exposures
Interest Rates
Tesla Ordered To Fix Air Quality Violations At Fremont Factory
June 27, 2024
Bay Area Air Quality Management District has ordered Tesla to address air quality violations at its Fremont factory. The order follows recent accusations of harmful emissions without proper abatement.
Via
Benzinga
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Emissions
Any Pullback in Tech May Signal a Rotation into These 3 Sectors
June 27, 2024
Investors who believe in diversification are waiting for the market to broaden out; instead of watching the Fed, look at the sectors institutions are buying
Via
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Amazon To Challenge Shein And Temu With New Bargain Site: Report
June 27, 2024
Amazon.com is reportedly launching a new marketplace targeting overseas consumers with affordable items shipped directly from China. Competing with sites like Temu and Shein, The platform will feature...
Via
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Wall Street Wavers, Nvidia Resumes Losses, Tesla Eyes 4-Month High Close, Amazon Hits $2 Trillion Value: What's Driving Markets Wednesday?
June 26, 2024
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Via
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Amazon Plans Major Alexa Overhaul With AI-Powered Features: Report
June 21, 2024
Amazon.com is reportedly planning a major overhaul of its Alexa service with conversational generative AI. Known internally as "Banyan," the project will introduce a two-tier system, including a...
Via
Benzinga
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Amazon Expands RxPass To Medicare Members: A Closer Look At Savings
June 18, 2024
Amazon.com Inc. (NASDAQ: AMZN) enhances healthcare accessibility with its RxPass expansion to Medicare beneficiaries, promising an average savings of $70 annually per medication and aiming to reduce...
Via
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Amazon Labor Union Partners With Teamsters To Boost Bargaining Power: Report
June 18, 2024
In a landmark decision, 98% of Amazon Labor Union members voted to align with the International Brotherhood of Teamsters, aiming to boost their influence in negotiations for better employment...
Via
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Tesla Sues Former Supplier Over Trade Secret Theft, Seeks $1B Compensation: Report
June 17, 2024
In a significant legal move, Tesla Inc. is reportedly suing Matthews International, claiming the company misappropriated Tesla's proprietary dry electrode battery technology to the detriment of Tesla's...
Via
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Legal
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Tesla's Largest Outside Investor Vanguard's Vote Switch Helped Pass Elon Musk's $56B Pay Package
June 14, 2024
Vanguard, Tesla Inc.'s largest external investor, played a crucial role in approving CEO Elon Musk's $56 billion pay package at the recent shareholder meeting, reversing their initial stance due to...
Via
Benzinga
5 ETF Zones To Benefit As Inflation Cools In May
June 13, 2024
Here are five ETFs from five sectors that will benefit from easing inflation.
Via
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ETFs
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Exposures
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Nasdaq 100, S&P 500 Close At Record Highs As Tech Stocks Reclaim Dominance: Thursday's Gainers & Losers
June 13, 2024
The Nasdaq 100 index posted its fourth consecutive session in the green on Thursday, closing at 19,576 points and reaching all-time highs.
Via
Benzinga
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US Equities
No Income Tax, Yes To High Import Tariffs? Trump Floats Idea To CEOs, GOP Lawmakers
June 13, 2024
Former President Donald Trump proposed an "all tariff policy" to replace income taxes in a meeting with CEOs and lawmakers, potentially benefiting the wealthy and harming low-income Americans.
Via
Benzinga
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Government
World Trade
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Political
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Starbucks Wins In Supreme Court In Case Involving Fired Memphis Workers
June 13, 2024
In a pivotal decision that may affect labor disputes nationwide, the U.S. Supreme Court has sided with Starbucks, denying the reinstatement of seven employees dismissed during unionization efforts at a...
Via
Benzinga
Here's Why Analysts Boosted Walmart Stock's Valuation
June 13, 2024
After Walmart delivered double-digit growth last quarter, analysts at HSBC think the stock's ceiling could be higher than its recent all-time high
Via
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The Real Reason Yum! Brands Is Outperforming McDonald's Stock
June 13, 2024
Corporate greed may have taken over Mcdonald's stock this cycle, which is why markets prefer to reward Yum! Brands instead.
Via
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Amazon Faces Arbitration From Flex Drivers Demanding Employee Rights: Report
June 12, 2024
Nearly 16,000 Amazon Flex drivers have filed claims with the American Arbitration Association, alleging they are misclassified as independent contractors. The drivers seek compensation for unpaid wages...
Via
Benzinga
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Tesla's Elon Musk Accused Of Insider Trading In New Lawsuit
June 12, 2024
Elon Musk, CEO of Tesla Inc. (NASDAQ: TSLA), is accused in a new lawsuit of using insider information to profit from selling Tesla shares. The Employees' Retirement System of Rhode Island claims these...
Via
Benzinga
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Nordic Brokerages Enable Voting At Tesla's AGM For The First Time
June 11, 2024
Nordic brokerages like Avanza and Nordnet are allowing their clients to vote at Tesla's AGM for the first time, in response to high demand and Elon Musk's proactive stance on shareholder involvement....
Via
Benzinga
Most US Equity Sectors Are Up This Year—With Two Exceptions
June 11, 2024
The US stock market’s strong year-to-date gain so far in 2024 has enjoyed wide support among equity sectors.
Via
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Sector ETFs To Profit As Rate Cut Bets Rise
June 09, 2024
Rate cut bets ramped up again following the latest bouts of data, which signaled a slowdown in the world's largest economy. Here are some ETFs that may benefit from such a scenario.
Via
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Topics
ETFs
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Exposures
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Amazon Strengthens India Presence With MX Player Asset Acquisition: Report
June 06, 2024
Amazon.com is set to acquire assets from India's MX Player to strengthen its foothold in smaller cities. Valued under $100 million, this deal follows two years of negotiations with Times Internet.
Via
Benzinga
Start Of A Market Correction Or A Summer Rally?
June 05, 2024
A look at whether we are at the beginning of a market correction or gearing up for a summer rally.
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Why Altria Stock is Still a Good Dividend Play
June 05, 2024
Altria is a leading sin stock with a market-beating yield and an aggressive repurchase plan that drives value for shareholders today.
Via
MarketBeat
Topics
Economy
Exposures
Interest Rates
Stocks Are Hanging Near Highs, But Bonds Are Flashing Warning Signs
June 04, 2024
Utility stocks seem to have snuffed out any strength in bonds, and if rates keep falling, we could see a boost in the two worst-performing S&P 500 sectors this year: real estate and consumer...
Via
Talk Markets
Topics
Bonds
Stocks
Exposures
Debt Markets
US Equities
Roaring Kitty Goes All In On GameStop
June 04, 2024
GameStop shares traded nearly 100% higher in pre-market trading before Monday’s official opening.
Via
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Ulta Beauty: A Must-Have Stock for Your Watchlist This Quarter
June 04, 2024
Ulta's stock price today seems to be cheap enough for management to start buying it, and analysts still see double-digit upside as the main drivers still rose
Via
MarketBeat
Topics
Economy
Exposures
Economy
Interest Rates
Tesla Argues New Pay Plan For Musk Would Cost More: Report
June 03, 2024
Tesla Inc. (NASDAQ: TSLA) defends Elon Musk's $56 billion pay package, stating that a new compensation plan would be costlier.
Via
Benzinga
Amazon's Drone Program To Expand With New FAA Clearance - What's On The Move?
May 30, 2024
Amazon's Prime Air drone program has received U.S. regulatory approval to operate beyond the visual line of sight of pilots, enhancing delivery range and service areas. This significant milestone...
Via
Benzinga
Amazon Partners With Orange To Launch Cloud Services In Morocco And Senegal: Report
May 29, 2024
Amazon.com and Orange have reportedly partnered to bring AWS Wavelength cloud computing services to Morocco and Senegal. This marks a significant expansion into countries without AWS data centers.
Via
Benzinga
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