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CONSUMER DISC (NY:XLY)

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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

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

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