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CONSUMER DISC (NY:XLY)

233.40 +4.89 (+2.14%)

Official Closing Price Updated: 8:00 PM EST, Nov 25, 2025 Add to My Watchlist

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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 Benzinga

Topics Lawsuit Supply Chain

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 Talk Markets

Topics ETFs Economy

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

Topics Stocks

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

Topics Government World Trade

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 MarketBeat

Topics Economy

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 MarketBeat

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

Topics Economy

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

Topics Lawsuit Retirement

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 Talk Markets

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 Talk Markets

Topics ETFs Economy

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.

Via Talk Markets

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

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

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 Talk Markets

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

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

Starbucks Plagued With Long Wait Times, Staffing Issues: Report ↗

May 29, 2024

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 ↗

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

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