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CONSUMER DISC (NY:XLY)

116.53 -2.14 (-1.80%)

Streaming Delayed Price Updated: 12:06 PM EDT, May 15, 2026 Add to My Watchlist

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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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

5 ETFs To Tap Amazon's Growth Story ↗

April 13, 2024

Amazon registered its first new all-time high in almost three years during Thursday's trading session, and it was seen edging close to the $2 trillion mark. Here is a closer look at some ETFs that may...

Via Talk Markets

Topics ETFs

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