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
Aug 13, 2025 12:46 PM

03:19 PM EDT, 08/13/2025 (MT Newswires) -- Consumer stocks were mixed late Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 1.4%.

In corporate news, Crocs ( CROX ) shares climbed 6% after director John Replogle bought 3,261 shares worth $250,084 and WIT Partners Advisory disclosed late Tuesday it holds a 5.2% stake in the footwear company, according to filings with the US Securities and Exchange Commission.

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 >
Italy's iGenius launches Nvidia-powered AI language model for highly regulated industries
Italy's iGenius launches Nvidia-powered AI language model for highly regulated industries
Jan 16, 2025
MILAN, Jan 16 (Reuters) - Italian startup iGenius said on Thursday it was releasing Colosseum 355B, a large language model built with the latest Nvidia ( NVDA ) technology for customers in highly regulated industries with special data protection needs. Tight legislation and compliance requirements hamper the use of artificial intelligence (AI) technology in regulated industries. CEO Uljan Sharka told...
Market Chatter: Apple in Talks With Barclays and Synchrony for Credit Card Partnership
Market Chatter: Apple in Talks With Barclays and Synchrony for Credit Card Partnership
Jan 16, 2025
07:32 AM EST, 01/16/2025 (MT Newswires) -- Apple ( AAPL ) is in discussions with Barclays ( JJCTF ) to replace Goldman Sachs ( GS ) as its credit card partner, Reuters reported Thursday, citing two sources familiar with the matter. Goldman Sachs ( GS ) has a deal with Apple ( AAPL ) until 2030, however, the bank is...
Goodfood Market Invests in Bitcoin as Long-Term Strategy
Goodfood Market Invests in Bitcoin as Long-Term Strategy
Jan 16, 2025
07:29 AM EST, 01/16/2025 (MT Newswires) -- Goodfood Market ( GDDFF ) on Thursday said it is adopting Bitcoin investment as a treasury reserve asset to strengthen its balance sheet and create long-term shareholder value. The company completed an initial Bitcoin investment of about $1 million through a spot Exchange-Traded Fund and plans to strategically increase holdings by investing part...
Polestar expects delayed profitability as demand for EVs weakens, competition hurts
Polestar expects delayed profitability as demand for EVs weakens, competition hurts
Jan 16, 2025
Jan 16 (Reuters) - Polestar CEO said it would take longer for the Swedish EV maker to be profitable after the company reported it sold fewer cars in 2024 than it had projected, sending the company's U.S.-listed shares down about 8% in premarket trading. The company, backed by China's Geely, has struggled to scale up its business amid weakening demand...
Copyright 2023-2025 - www.financetom.com All Rights Reserved