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CONSUMER DISC (NY:XLY)

124.79 +0.38 (+0.31%)

Streaming Delayed Price Updated: 11:50 AM EST, Jan 12, 2026 Add to My Watchlist

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This Nasdaq-100 Growth Stock Just Hit a New 52-Week Low. Here's Why It's Worth Buying Now ↗

May 29, 2024

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 ↗

May 28, 2024

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? ↗

May 28, 2024

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? ↗

May 24, 2024

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 ↗

May 23, 2024

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 ↗

May 23, 2024

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

Amazon Inks 'Largest Technology Investment' In Spain, Pours $17B Into Cloud Infrastructure ↗

May 22, 2024

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 ↗

May 22, 2024

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

Stocks Hold Steady On Mixed Fed Remarks, First Solar Rallies, Bitcoin Falls Below $70,000: What's Driving Markets Tuesday? ↗

May 21, 2024

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

Stocks, Gold Reach New Record Highs, Cruise Stocks Rally, GameStop Sinks: What's Driving Markets Monday? ↗

May 20, 2024

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 ↗

May 20, 2024

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

Tesla Eyes Chinese Data Center To Boost Autonomous Driving Tech: Report ↗

May 17, 2024

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

Tesla Told To Face Autopilot Lawsuit In The Wake Of Safety Probes- Report ↗

May 16, 2024

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

Amazon AWS To Pump €7.8B Into German Cloud Expansion: Details ↗

May 15, 2024

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 ↗

May 14, 2024

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

Amazon Web Services Undergoes Leadership Change, Matt Garman to Take Over as CEO ↗

May 14, 2024

Amazon (AMZN) stock down as Matt Garman replaces Adam Selipsky as AWS CEO. AWS's 2021 job cuts aimed for digital self-service training. $143.3B Q1 sales, $100B annual run rate. Dominant in cloud market...

Via Benzinga

Topics Artificial Intelligence

GameStop Up Triple Digits Premarket: Is 2021 Meme Stock Rally Back? ↗

May 14, 2024

GameStop and AMC stocks surge by 147% and 121% respectively, driven by retail investors coordinating through online platforms. Market volatility expected.

Via Benzinga

Tech Stocks Inch Higher Ahead Of Key Inflation Data, GameStop Skyrockets, Tencent Fuels China Rally: What's Driving Markets Monday? ↗

May 13, 2024

Wall Street kicked off a data-heavy week on a mixed note as traders await key inflation updates and remarks from Fed Chair Jerome Powell in the coming days.

Via Benzinga

Topics Economy

Auxly Cannabis Achieves Record Q1: Adjusted EBITDA Soars 1,523%, Revenue Grows 5%, Strong 2024 Ahead ↗

May 13, 2024

Auxly Cannabis reports a record Q1 with 5% revenue growth and a 1,523% surge in adjusted EBITDA. Explore these impressive results.

Via Benzinga

Topics Cannabis

Amazon Pours ~$1.3B Investment Into French Operations: Report ↗

May 13, 2024

Amazon's €1.2 billion investment marks a significant stride in bolstering its French presence, promising 3,000 new jobs. The move aligns with France's push for tech investment, showcased at the 'Choose...

Via Benzinga

Topics Artificial Intelligence

The Debate Continues - Will They, Or Won’t They? ↗

May 12, 2024

I could write about many topics this week, as there were more than a handful of newsworthy items. But given the amount of time, space, and energy that the media has been giving to whether or not the...

Via Talk Markets

Topics Economy

Kashkari Vs. Goolsbee, Hawk Vs. Dove: What's Next For The Fed? ↗

May 10, 2024

Fed official Kashkari says "this is about equivalent to as much tightening as we did in the 1994 timing cycle." Goolsbee agrees.

Via Benzinga

Topics Economy

Stocks Pause On Dismal Consumer Confidence; Yields, Dollar Rise As Inflation Expectations Kick Higher, Bitcoin Sinks: What's Driving Markets Friday? ↗

May 10, 2024

A worse-than-expected University of Michigan’s May consumer report halted stock gains on Friday, sparking worries about a potential decline in consumer health amid perceived rising price pressures.

Via Benzinga

Topics Economy

Tesla Charging Shakeup May Disrupt Biden EV Plans ↗

May 10, 2024

Tesla CEO Elon Musk reportedly cut about 500 people from the company's supercharger group as part of a restructuring.

Via Benzinga

Mind Those “Defensive” Equities ↗

May 09, 2024

In the first quarter of 2024, Canadian business insolvencies climbed 87.2% higher than the same quarter last year.

Via Talk Markets

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

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

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

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