03:03 PM EDT, 06/04/2026 (MT Newswires) -- Walmart ( WMT ) investors voted against a proposal asking the retailer to report on how its use of artificial intelligence is affecting worker well-being, Reuters reported Thursday, citing preliminary voting results from the shareholder meeting. The shareholder proposal was filed by United for Respect, the report noted. Shareholders also rejected a separate...

02:58 PM EDT, 06/04/2026 (MT Newswires) -- Costco Wholesale's ( COST ) sales results in May demonstrate steady execution amid concerns about higher energy costs, elevated interest rates and less benefit from tax refunds, UBS Securities said in a note emailed Thursday. At least for Costco, this isn't occurring, UBS said, referring to fears of a weakening consumer. In fact,...

03:02 PM EDT, 06/04/2026 (MT Newswires) -- Price: 8.90, Change: -0.03, Percent Change: -0.34 ...

03:09 PM EDT, 06/04/2026 (MT Newswires) -- Consumer stocks were mixed late Thursday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) decreasing 0.3% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) adding 0.4%. In corporate news, General Motors ( GM ) has rehired more than 100 members of its Cruise unit's team 18...