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CONSUMER DISC (NY: XLY )

200.88 +0.34 (+0.17%)
Streaming Delayed Price Updated: 2:15 PM EDT, Sep 27, 2024 Add to My Watchlist
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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
Nasdaq 100 Eyes Record High Close, Fifth Positive Week As Traders Flock To AI-Linked Stocks: What's Driving Markets Friday?
Technology stocks surged on Friday, rebounding sharply after Thursday’s decline, as investor confidence in the artificial intelligence-driven rally remained high. 
Via Benzinga
Has Tesla Re-prioritized Its EV Goal? A Change In Current Report Says So
Tesla Inc. (NASDAQ: TSLA) has shifted focus from selling 20 million vehicles annually to emphasizing autonomy. The 2023 impact report highlights Tesla's goal to displace fossil fuels without the... 
Via Benzinga
Amazon and AI startup Hugging Face Partner to Enhance AI Model Efficiency
Amazon's cloud unit partners with AI startup Hugging Face to simplify running thousands of AI models on AWS's custom chips, valued at $4.5B. 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
Amazon Inks 'Largest Technology Investment' In Spain, Pours $17B Into Cloud Infrastructure
Amazon isn't the only tech giant looking abroad. Various cloud service providers, including Microsoft, are aggressively expanding in Europe. 
Via Benzinga
Amazon's Generative AI Upgrade For Alexa: What Investors Need to Know
Amazon will reportedly launch a more conversational version of Alexa later this year, potentially positioning it to better compete with Google and OpenAI. 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
Stocks Hold Steady On Mixed Fed Remarks, First Solar Rallies, Bitcoin Falls Below $70,000: What's Driving Markets Tuesday?
It’s a rather quiet session on Tuesday, with major U.S. averages trading around the flatline at midday trading in New York. 
Via Benzinga
Topics Economy
Exposures Interest Rates
Stocks, Gold Reach New Record Highs, Cruise Stocks Rally, GameStop Sinks: What's Driving Markets Monday?
Wall Street rallies on Monday as major US indices reach fresh record highs. Metal commodities surge, Treasury yields stay stable. Cruise stocks soar. 
Via Benzinga
Tesla Layoffs To Continue Through June, Morale Low Among Workers
Tesla Inc. (NASDAQ: TSLA) employees live in fear as layoffs continue through June. CEO Elon Musk's plan to cut at least 10% of the workforce has left employees anxious, uncertain of their job security.... 
Via Benzinga
Topics Workforce
Exposures Layoff
Tesla Eyes Chinese Data Center To Boost Autonomous Driving Tech: Report
Tesla, led by Elon Musk, is reportedly eyes a data center in China to enhance its self-driving technology. This move aligns with their strategy to locally process data for the Full Self-Driving (FSD)... 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
Tesla Told To Face Autopilot Lawsuit In The Wake Of Safety Probes- Report
Tesla Inc. (NASDAQ: TSLA) faces a class-action lawsuit for allegedly misleading consumers about its self-driving technology. The lawsuit claims Tesla falsely stated in 2016 that future cars would have... 
Via Benzinga
Topics Fraud Lawsuit
Exposures Financial Legal
Amazon AWS To Pump €7.8B Into German Cloud Expansion: Details
AWS announces a €7.8 billion investment to boost its cloud infrastructure in Germany, aiming to complete new data centers in Brandenburg by 2025. 
Via Benzinga
Tesla Sued In California For Environmental Violations
Tesla Inc (NASDAQ:TSLA) faces mounting legal woes as an environmental nonprofit, the Environmental Democracy Project, files a lawsuit alleging violations of the Clean Air Act. The suit accuses Tesla's... 
Via Benzinga
Topics Lawsuit
Exposures Financial Legal
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