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 8, 2025 10:35 AM

01:23 PM EDT, 09/08/2025 (MT Newswires) -- Consumer stocks were mixed Monday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) decreasing 0.8% and the Consumer Discretionary Select Sector SPDR Fund (XLY) up 0.3%.

In corporate news, Tesla's (TSLA) share of total electric vehicle sales in the US in August has fallen to 38% in August, the first time its market share has dropped below 40% since October 2017, Reuters reported, citing early data from research firm Cox Automotive. Tesla shares were down 1.1%.

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 >
Form 8.3 - Dowlais Group PLC
Form 8.3 - Dowlais Group PLC
Oct 22, 2025
LONDON--(BUSINESS WIRE)--   FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser: Polar Asset Management Partners Inc. (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of...
Marex Agrees to Acquire Swiss Fixed-Income Market Maker Valcourt
Marex Agrees to Acquire Swiss Fixed-Income Market Maker Valcourt
Oct 22, 2025
07:44 AM EDT, 10/22/2025 (MT Newswires) -- Marex ( MRX ) said Wednesday it has agreed to acquire Valcourt, a fixed-income market maker based in Geneva, Switzerland. Valcourt specializes in trading high-yield, subordinated, emerging market, private, illiquid, and sustainable debt instruments, Marex ( MRX ) said. The acquisition will bring around 700 new clients to Marex ( MRX ), including...
United Community Banks beats Q3 revenue, adjusted EPS estimates
United Community Banks beats Q3 revenue, adjusted EPS estimates
Oct 22, 2025
Overview * United Community Banks ( UCB ) Q3 revenue grows 27% yr/yr, beating analysts' expectations * Adjusted EPS for Q3 beats consensus, rising 32% yr/yr Outlook * Company did not provide specific guidance for future quarters or the full year Result Drivers * LOAN AND DEPOSIT GROWTH - Loans grew by $254 mln while customer deposits, excluding seasonal outflow...
BioVaxys Technology Announces Conversion of Debentures
BioVaxys Technology Announces Conversion of Debentures
Oct 22, 2025
07:44 AM EDT, 10/22/2025 (MT Newswires) -- BioVaxys Technology ( BVAXF ) , which gained more than 17% Tuesday, earlier Wednesday announced the conversion of outstanding unsecured convertible debentures of the company pursuant to notices of conversion received from certain holders of the debentures. A statement noted that, on Sept. 15, 2025, the company issued debentures for an aggregate principal...
Copyright 2023-2026 - www.financetom.com All Rights Reserved