03:50 PM EDT, 08/04/2025 (MT Newswires) -- Consumer stocks rose late Monday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.6% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 1.1%.

In corporate news, BT Brands ( BTBD ) shares climbed 80%. The company said it has been working with an investment banking and advisory firm to assist with evaluating and pursuing strategic initiatives, including a potential merger deal.

Amazon ( AMZN ) is closing its Wondery podcast studio, a move that will result in about 110 job cuts, Bloomberg reported. Amazon ( AMZN ) shares shed 1.4%.

Tesla (TSLA) awarded Elon Musk 96 million restricted shares as it seeks to keep the chief executive focused on the firm. Tesla shares rose 2.1%.

Wayfair ( W ) shares jumped past 11% after the online furniture and home goods retailer reported a surprise increase in Q2 earnings as revenue came in stronger than expected.

Tyson Foods ( TSN ) raised its full-year revenue guidance as the meat producer's fiscal Q3 results exceeded Wall Street's expectations. Tyson shares climbed 2.5%.