State Street Consumer Discretio News - May 7, 2026
Whirlpool plunges 12%, warning appliance demand hit 2008 crisis levels
Whirlpool shares fell more than 12% in morning trading following a warning that appliance demand reached levels not seen since the 2008 financial crisis. The...
DoorDash Shares Jump 10%, Driven by Upbeat $33.4 Billion Order Forecast
DoorDash shares rose more than 10% on May 7, 2026. The company projects second-quarter gross order value (GOV) between $32.4 billion and $33.4 billion. This...
Peloton Swings to Surprise Profit, Shares Surge on Raised Outlook
Peloton Interactive reported fiscal third-quarter revenue of $631 million. This figure surpassed Wall Street expectations and signaled that the company's...
McDonald's Beats Profit Estimates, as Strained U.S. Consumers Spend Less
McDonald's Corporation reported mixed first-quarter 2026 results. Total revenue rose 9% during the quarter. Revenue reached $6.52 billion. This figure exceeded...
Amazon Opens Logistics Network to All Businesses, Seeking Next AWS Growth
Amazon launched Amazon Supply Chain Services (ASCS) to provide logistics and fulfillment to all businesses. The offering extends beyond platform sellers to...
Honda Freezes $11 Billion EV Plant, Pivots to Hybrids
Honda Motor is indefinitely freezing construction of its C$15 billion ($11 billion USD) electric vehicle and battery plant in Ontario. The automaker cited a...