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
May 26, 2025 7:39 AM

08:54 AM EDT, 05/14/2025 (MT Newswires) -- Consumer stocks were mixed premarket Wednesday, with The Consumer Staples Select Sector SPDR Fund (XLP) down 0.2% and The Consumer Discretionary Select Sector SPDR Fund (XLY) 0.4% higher.

Global-e Online ( GLBE ) shares were down more than 13% even after the company posted a narrower Q1 loss and higher revenue. Separately, Global-e Online ( GLBE ) said it has extended its partnership with Shopify (SHOP).

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 >
Impinj Soars 23% After Hours On 'Strong' Q2 Report
Impinj Soars 23% After Hours On 'Strong' Q2 Report
Jul 30, 2025
Impinj Inc. ( PI ) witnessed a 22.67% surge in its stock price after-hours, after the company released its second-quarter financial results. Check out how PI stock is trading here. What Happened: The stock of the Seattle-based company specializing in connecting everyday objects to the internet closed at $122.21, marking a 0.49% decline on Wednesday. According to the Benzinga pro...
Aker, Nscale, OpenAI to build Norway AI facility
Aker, Nscale, OpenAI to build Norway AI facility
Jul 30, 2025
OSLO, July 31 (Reuters) - Aker ASA ( AKAAF ) said on Thursday it has partnered with Nscale Global Holdings and OpenAI to build an artificial intelligence facility in northern Norway, aiming to install 100,000 NVIDIA ( NVDA ) graphics processing units by the end of 2026. ...
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,...
Consumer companies confront tariff pricing dilemma
Consumer companies confront tariff pricing dilemma
Jul 30, 2025
(Reuters) -From toys to sneakers and diapers, consumer goods are the focus of a range of company strategies to blunt the impact of U.S. tariffs - depending on the size of their customers' wallets. Adidas said it could launch new products at higher prices in the U.S., Levi Strauss will cut back on promotions, and packaging giant Proctor & Gamble...
Copyright 2023-2025 - www.financetom.com All Rights Reserved