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
Dec 19, 2024 6:05 AM

08:49 AM EST, 12/19/2024 (MT Newswires) -- Consumer stocks were advancing pre-bell Thursday with the Consumer Staples Select Sector SPDR Fund (XLP) up 0.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) 1.2% higher recently.

Soho House ( SHCO ) shares surged past 65% after the company said it received a $9-per-share acquisition offer from a consortium earlier this week.

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 >
Lululemon's Cautious Guidance Reflects Tariff Risks While Opportunity Remains, Oppenheimer Says
Lululemon's Cautious Guidance Reflects Tariff Risks While Opportunity Remains, Oppenheimer Says
Jun 6, 2025
11:19 AM EDT, 06/06/2025 (MT Newswires) -- Lululemon (LULU) modestly exceeded expectations with its fiscal Q1 results but lowered full-year guidance, citing the potential impact of tariffs and ongoing consumer softness, Oppenheimer said in a Friday note. Fiscal Q1 EPS rose to $2.60 from $2.54 a year earlier, slightly ahead of the $2.58 consensus. Revenue climbed 7.3% to $2.37 billion,...
Exclusive-China issues rare earth licenses to suppliers of top 3 US automakers, sources say
Exclusive-China issues rare earth licenses to suppliers of top 3 US automakers, sources say
Jun 6, 2025
BEIJING/WASHINGTON (Reuters) -China has granted temporary export licenses to rare-earth suppliers of the top three U.S. automakers, two sources familiar with the matter said, as supply chain disruptions begin to surface from Beijing's export curbs on those materials. At least some of the licenses are valid for six months, the two sources said, declining to be named because the information...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Tesla Navigates Shifting Political Tides, Challenges in Autonomy Platform, Oppenheimer Says
Tesla Navigates Shifting Political Tides, Challenges in Autonomy Platform, Oppenheimer Says
Jun 6, 2025
11:18 AM EDT, 06/06/2025 (MT Newswires) -- Tesla (TSLA) is facing a challenging period, with investors expected to be less forgiving of product delays following the recent public falling out between Chief Executive Elon Musk and President Donald Trump, Oppenheimer said in a note Friday. Concerns also persist around Tesla's photon counting cameras for autonomous driving, as analysts reiterated their...
Copyright 2023-2026 - www.financetom.com All Rights Reserved