financetom
Business
financetom
/
Business
/
Sector Update: Consumer Stocks Mixed Premarket Tuesday
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Consumer Stocks Mixed Premarket Tuesday
Apr 8, 2025 6:41 AM

09:08 AM EDT, 04/08/2025 (MT Newswires) -- Consumer stocks were mixed premarket Tuesday, with the Consumer Discretionary Select Sector SPDR Fund ( XLY ) down 2.6% and the Consumer Staples Select Sector SPDR Fund ( XLP ) 1.6% higher recently.

Levi Strauss (LEVI) shares were up over 14% after the company reported higher Q1 adjusted earnings and revenue.

Amazon.com's ( AMZN ) Project Kuiper low-Earth orbit satellite network will be part of Airbus' future onboard satellite inflight connectivity offering, Airbus said. Shares of Amazon.com ( AMZN ) advanced by over 4% premarket.

Interactive Strength ( TRNR ) shares rose by over 19% after the company said it has agreed to acquire 100% of Wattbike, an indoor performance training bike business, in an all-stock transaction.

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 >
Oil eases on possible Gaza ceasefire, dollar strength
Oil eases on possible Gaza ceasefire, dollar strength
Mar 21, 2024
SINGAPORE (Reuters) -Oil prices slipped on Friday on the possibility of a nearing Gaza ceasefire that could ease geopolitical concerns in the Middle East, while a stronger dollar and faltering U.S. gasoline demand also weighed on prices. Brent crude futures fell 42 cents, or 0.5%, to $85.36 a barrel by 0203 GMT. U.S. crude futures shed 40 cents, or 0.5%,...
Meta's Instagram down for thousands, Downdetector shows
Meta's Instagram down for thousands, Downdetector shows
Mar 21, 2024
March 21 (Reuters) - Meta Platforms's ( META ) Instagram was down for thousands of users on Thursday, according to outage tracking website Downdetector.com. ...
Hong Kong-listed Samsonite plans dual listing in hunt for investors
Hong Kong-listed Samsonite plans dual listing in hunt for investors
Mar 21, 2024
(Reuters) -Luggage maker Samsonite International ( SMSOF ) on Friday said it plans to pursue a dual listing in addition to its listing on the Hong Kong Stock Exchange to increase the liquidity of its shares and reach investors in more markets. Samsonite ( SMSOF ) did not provide details of the exchanges it is considering for the second listing,...
Ecopetrol's Reficar refinery awarded nearly 20% of McDermott common capital, company says
Ecopetrol's Reficar refinery awarded nearly 20% of McDermott common capital, company says
Mar 21, 2024
BOGOTA, March 21 (Reuters) - The Reficar oil refinery belonging to Colombia's Ecopetrol was awarded 19.9% of the common capital in infrastructure firm McDermott in preferential shares by a judge in Amsterdam, Ecopetrol said in a statement on Thursday. The refinery is located in the Colombian city of Cartagena. ...
Copyright 2023-2025 - www.financetom.com All Rights Reserved