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CONSUMER DISC (NY: XLY )

187.63 +3.32 (+1.80%)
Streaming Delayed Price Updated: 11:32 AM EDT, Aug 23, 2024 Add to My Watchlist
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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?
Wall Street experienced a mixed session on Wednesday, as investors adopted a cautious stance following Tuesday’s gains while awaiting key economic data releases later this week, including the Fed’s... 
Via Benzinga
Topics Economy
Exposures Interest Rates
Amazon Plans Major Alexa Overhaul With AI-Powered Features: Report
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
Topics Artificial Intelligence
Exposures Artificial Intelligence
Amazon Expands RxPass To Medicare Members: A Closer Look At Savings
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 Benzinga
Amazon Labor Union Partners With Teamsters To Boost Bargaining Power: Report
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 Benzinga
Tesla Sues Former Supplier Over Trade Secret Theft, Seeks $1B Compensation: Report
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 Benzinga
Topics Lawsuit Supply Chain
Exposures Financial Legal Supply Chain
Tesla's Largest Outside Investor Vanguard's Vote Switch Helped Pass Elon Musk's $56B Pay Package
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
Here are five ETFs from five sectors that will benefit from easing inflation. 
Via Talk Markets
Topics ETFs Economy
Exposures Interest Rates
Nasdaq 100, S&P 500 Close At Record Highs As Tech Stocks Reclaim Dominance: Thursday's Gainers & Losers
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
Topics Stocks
Exposures US Equities
No Income Tax, Yes To High Import Tariffs? Trump Floats Idea To CEOs, GOP Lawmakers
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
Topics Government World Trade
Exposures Political Tariff
Starbucks Wins In Supreme Court In Case Involving Fired Memphis Workers
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
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 MarketBeat
Topics Economy
Exposures Economy
The Real Reason Yum! Brands Is Outperforming McDonald's Stock
Corporate greed may have taken over Mcdonald's stock this cycle, which is why markets prefer to reward Yum! Brands instead. 
Via MarketBeat
Amazon Faces Arbitration From Flex Drivers Demanding Employee Rights: Report
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
Topics Economy
Exposures Economy
Tesla's Elon Musk Accused Of Insider Trading In New Lawsuit
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
Topics Lawsuit Retirement
Exposures Financial Legal Pension
Nordic Brokerages Enable Voting At Tesla's AGM For The First Time
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
The US stock market’s strong year-to-date gain so far in 2024 has enjoyed wide support among equity sectors. 
Via Talk Markets
Sector ETFs To Profit As Rate Cut Bets Rise
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 Talk Markets
Topics ETFs Economy
Exposures Economy
Amazon Strengthens India Presence With MX Player Asset Acquisition: Report
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?
A look at whether we are at the beginning of a market correction or gearing up for a summer rally. 
Via Talk Markets
Why Altria Stock is Still a Good Dividend Play
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
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
GameStop shares traded nearly 100% higher in pre-market trading before Monday’s official opening. 
Via Talk Markets
Ulta Beauty: A Must-Have Stock for Your Watchlist This Quarter
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
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?
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
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
Starbucks Plagued With Long Wait Times, Staffing Issues: Report
Starbucks baristas are struggling with rapid drink orders and reduced staff, as an algorithm-driven approach to staffing fails to account for special requests and promotions. 
Via Benzinga
This Nasdaq-100 Growth Stock Just Hit a New 52-Week Low. Here's Why It's Worth Buying Now
Lululemon stock ran up too far too fast, but the sell-off is starting to get excessive. 
Via The Motley Fool
Nike Wins Partial Victory in Three-Stripe Trademark Battle with Adidas
Nike Inc. (NYSE: NKE) has won the right to feature three stripes on some trouser designs in Germany, following a significant court ruling. The Duesseldorf regional court partially overturned its... 
Via Benzinga
US Stocks Waver, Nvidia Lifts Chipmakers, GameStop Spikes, Moderna Tumbles: What's Driving Markets Tuesday?
Wall Street resumed trading after the Memorial Day holiday with a familiar trend, as major chipmaker stocks significantly outperformed the broader market. 
Via Benzinga
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