financetom
Business
financetom
/
Business
/
Sector Update: Consumer
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Consumer
Jun 5, 2024 12:52 PM

03:29 PM EDT, 06/05/2024 (MT Newswires) -- Consumer stocks were mixed in late Wednesday afternoon trading, with the Consumer Staples Select Sector SPDR Fund (XLP) slipping 0.5% and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 0.4%.

In corporate news, Walt Disney ( DIS ) is close to finalizing an agreement with a Florida oversight board that could include a $17 billion investment by the company in its Florida resort and possible fifth theme park at Walt Disney World, the Associated Press reported Wednesday. Disney ( DIS ) shares were falling 1.9%.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
SoftBank in talks to invest up to $25 billion into OpenAI, FT reports
SoftBank in talks to invest up to $25 billion into OpenAI, FT reports
Jan 29, 2025
(Reuters) -Japan's SoftBank is in talks to invest as much as $25 billion into ChatGPT maker OpenAI, the Financial Times reported on Wednesday. SoftBank could invest $15 billion to $25 billion directly into Microsoft ( MSFT )-backed OpenAI on top of its commitment of more than $15 billion to Stargate, the report said, citing multiple people with direct knowledge of...
Nissan cuts shifts, offers employee buyouts at 3 US plants in bid to shed jobs
Nissan cuts shifts, offers employee buyouts at 3 US plants in bid to shed jobs
Jan 29, 2025
TOKYO, Jan 30 (Reuters) - Japan's Nissan Motor ( NSANF ) is offering buyouts to workers and cutting back shifts at three U.S. factories, a company spokesperson said on Thursday, as the automaker pushes to slash $2.6 in costs globally. Nissan ( NSANF ) will offer the separation packages to workers at its vehicle assembly plants in Smyrna, Tennessee, and...
Sensitive DeepSeek data exposed to web, cyber firm says
Sensitive DeepSeek data exposed to web, cyber firm says
Jan 29, 2025
WASHINGTON, Jan 29 (Reuters) - New York-based cybersecurity firm Wiz says it has found a trove of sensitive data from the Chinese artificial intelligence startup DeepSeek inadvertently exposed to the open internet. In a blog post published Wednesday, Wiz said that scans of DeepSeek's infrastructure showed that the company had accidentally left more than a million lines of data available...
Sensitive DeepSeek data exposed to web, cyber firm says
Sensitive DeepSeek data exposed to web, cyber firm says
Jan 29, 2025
WASHINGTON (Reuters) - New York-based cybersecurity firm Wiz says it has found a trove of sensitive data from the Chinese artificial intelligence startup DeepSeek inadvertently exposed to the open internet. In a blog post published Wednesday, Wiz said that scans of DeepSeek's infrastructure showed that the company had accidentally left more than a million lines of data available unsecured. Those...
Copyright 2023-2026 - www.financetom.com All Rights Reserved