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
Sep 5, 2024 8:58 PM

08:49 AM EDT, 09/05/2024 (MT Newswires) -- Consumer stocks advanced pre-bell Thursday with the Consumer Staples Select Sector SPDR Fund (XLP) up 0.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) 0.8% higher recently.

BRC (BRCC) shares were up over 3% amid a sales and distribution agreement with Keurig Dr Pepper ( KDP ) under which the latter will sell and distribute Black Rifle Energy beverages in its company-owned direct store territories across the US.

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 >
Stellantis launches first in-house automated driving technology
Stellantis launches first in-house automated driving technology
Feb 20, 2025
(Reuters) - Stellantis ( STLA ) announced on Thursday the launch of its first in-house-developed automated driving system, STLA AutoDrive, designed to allow urban commuters to momentarily engage in non-driving tasks. The carmaker said its new system enables hands-free and eyes-off driving at speeds of up to 60 kilometres per hour (37 miles per hour). The system can take over...
Amazon's MGM Studios to take creative control over 'James Bond' franchise
Amazon's MGM Studios to take creative control over 'James Bond' franchise
Feb 20, 2025
(Reuters) -Amazon MGM Studios will take creative control of the James Bond franchise under a new joint venture with longtime rights holders Michael Wilson and Barbara Broccoli, the tech giant said on Thursday. Amazon ( AMZN ) bought MGM Studios in 2022 as a part of its media push, which had granted the company distribution rights to the long-running action...
AI-Powered Pet Wellness: Tuya Smart Integrates DeepSeek's Advanced Models
AI-Powered Pet Wellness: Tuya Smart Integrates DeepSeek's Advanced Models
Feb 20, 2025
Shares of global cloud platform provider Tuya Smart Inc. are trading higher in premarket on Thursday. The company said it is integrating its AIoT platform with AI models such as DeepSeek. The development merges natural language processing with multimodal scene recognition, advancing smart devices from simple functionalities to “active intelligence.” Tuya’s initiatives are expected to drive the transition toward more...
US IRS expected to fire 6,700 employees on Thursday in Trump downsizing spree
US IRS expected to fire 6,700 employees on Thursday in Trump downsizing spree
Feb 20, 2025
* Planned cuts are part of drastic effort to downsize government * Cuts will focus on those hired during Biden administration * Probationary workers needed for processing tax returns will stay By Nathan Layne Feb 20 (Reuters) - The U.S. Internal Revenue Service is expected to fire about 6,700 employees on Thursday, a person familiar with the matter said, eliminating...
Copyright 2023-2026 - www.financetom.com All Rights Reserved