State Street Consumer Discretio News - May 9, 2026

Tesla and SpaceX launch $119 billion Terafab, securing AI chip supply

Tesla and SpaceX announced plans to construct Terafab, a multibillion-dollar semiconductor facility in Texas. The plant will produce advanced chips for...

McDonald's Beats Estimates, Warns of Slowing Low-Income Traffic

McDonald’s (MCD) topped first-quarter analyst expectations despite growing signs of consumer financial stress. Management reported a tangible traffic slowdown...