03:49 PM EDT, 09/11/2025 (MT Newswires) -- Consumer stocks rose late Thursday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) advancing 1.9%.
In corporate news, Paramount Skydance ( PSKY ) is readying a majority cash bid backed by the Ellison family for Warner Bros. Discovery ( WBD ) , The Wall Street Journal reported. Paramount shares jumped 14%, and Warner surged 27%.
Uber ( UBER ) was sued by the US Department of Justice over claims that it discriminates against people with physical disabilities, Bloomberg reported. Uber ( UBER ) shares rose 0.4%.
Kroger ( KR ) shares added 0.4%. The company raised its full-year guidance for identical sales growth as the metric topped market estimates in fiscal Q2, while earnings exceeded expectations.
Celsius (CELH) shares climbed 3.2% after Goldman Sachs started coverage of the company at buy with a $72 price target.