State Street Consumer Discretionary Select Sector SPDR ETF News - April 2026
Amazon Beats Q1 Estimates, Driven by 28% Cloud Growth and AI Gains
Amazon reported first-quarter net sales of $181.5 billion. This total represents a 17% increase year-over-year. Earnings per share reached $2.78. This result...
Amazon Sales Jump 17% to $181.5 Billion, Fueled by Cloud and Advertising
Amazon (NASDAQ: AMZN) reported first-quarter financial results after the market close on April 29. Net sales reached $181.5 billion, a 17% increase from...
Amazon Targets $177 Billion Revenue, Fueled by AWS and AI Growth
Amazon (AMZN) will release first-quarter 2026 financial results on April 29. The report will be issued after the market closes. Wall Street expects revenue to...
Amazon targets Q1 growth, fueled by surging AWS and AI demand
Amazon releases first-quarter 2026 financial results after the market closes on April 29. Analysts forecast revenue to reach approximately $177 billion,...
Amazon reports Q1 earnings, betting $200 billion on AI-driven AWS growth
Amazon reports first-quarter 2026 financial results after today’s market close. Investors in the technology and consumer discretionary sectors are monitoring...
Tesla registers Musk’s $56 billion pay package, ending long legal dispute
Tesla filed an S-8 registration with the SEC to deliver CEO Elon Musk's 2018 compensation package. The filing registers more than 303 million shares. This move...
Tesla triples 2026 budget to $25B, fueling AI and Optimus robot pivot
Tesla increased its 2026 capital expenditure forecast to over $25 billion. This target represents a nearly threefold increase from projected 2025 spending...
Michigan Consumer Sentiment Hits Record Low 47.6, Driven by Iran Conflict
The University of Michigan’s Consumer Sentiment Index fell 11% in April 2026. The final reading reached a record low of 47.6. This figure significantly missed...
U.S. Retail Sales Surge 1.7%, Prompting Wall Street GDP Upgrades
U.S. retail sales rose by a seasonally adjusted 1.7% in March. This represents the largest increase since March 2025. The growth significantly exceeded the...
University of Michigan Sentiment Plunges 11%, Pressuring Discretionary Stocks and XLY
The University of Michigan’s final consumer sentiment index for April dropped to 47.6. This represents an 11% decline from the 53.3 level recorded in March....
Tesla bets $25B on AI and robotics, warns of negative cash flow
Tesla increased its 2026 capital expenditure forecast to approximately $25 billion. This planned spending represents a threefold increase over the company's...
Tesla sinks, pressured by $25B spending forecast and surprise AI acquisition
Tesla reported Q1 adjusted earnings of $0.41 per share, beating the $0.35 analyst forecast. Gross margin reached 21.7%, significantly higher than the expected...
Tesla reports Q1 2026 earnings, pivoting to AI after delivery miss
Tesla will release first-quarter 2026 financial results on April 22 after market close. Investors seek commentary to justify the company's high valuation. This...
Tesla Reports Q1 Earnings, Pivoting to AI After Delivery Miss
Tesla will release its first-quarter 2026 earnings after the market closes on Wednesday, April 22. The company recently reported Q1 vehicle deliveries of...
Tesla reports Q1 earnings, betting on AI to offset delivery slump
Tesla releases its Q1 2026 earnings report after market close on April 22. The announcement serves as a pivotal indicator for the consumer discretionary...
Tesla Reports Q1 Results, Balancing AI Ambitions Against 50,000-Unit Inventory Glut
Tesla reports first-quarter 2026 financial results after today's market close. Wall Street is evaluating whether a pivot toward AI and robotics can offset...
Amazon expands Anthropic partnership, securing $100 billion in AWS cloud spending
Amazon expanded its partnership with AI startup Anthropic today. Amazon will invest up to an additional $25 billion into the company. This investment builds...
Amazon acquires Globalstar, challenging Starlink with direct-to-device services
Amazon entered a definitive agreement to acquire satellite operator Globalstar. The deal expands Amazon Leo satellite connectivity services to offer...
Amazon acquires Globalstar for $11.6B to challenge Starlink and power iPhones
Amazon signed a definitive agreement to acquire satellite operator Globalstar for approximately $11.6 billion. The cash-and-stock transaction strengthens...
Amazon buys Globalstar for $11.57B, challenging Starlink in satellite market
Amazon is acquiring satellite operator Globalstar for approximately $11.57 billion. This move bolsters the Amazon Leo initiative, formerly known as Project...
Amazon acquires Globalstar for $11.5B, challenging Starlink and powering Apple SOS
Amazon entered a definitive agreement to acquire satellite operator Globalstar for approximately $11.57 billion. The acquisition aims to accelerate the...
Amazon acquires Globalstar, partnering with Apple to challenge SpaceX Starlink
Amazon entered a definitive agreement to acquire satellite services provider Globalstar. The deal values Globalstar at approximately $90 per share in cash or...
Amazon Nears Globalstar Acquisition, Challenging Musk’s Starlink
Amazon.com Inc. is in advanced negotiations to acquire satellite operator Globalstar. An official announcement could arrive as early as April 14, 2026. The...
University of Michigan Sentiment Hits Record Low, Fueling Retail Sector Fears
The University of Michigan's preliminary consumer sentiment index fell to a record low of 47.6 in April. This reading marks a sharp decline from the 53.3 level...
US Inflation Surges 0.9% in March, Driven by Iran Conflict Energy Spike
The U.S. Labor Department reported a 0.9% surge in consumer prices on Friday. This March increase represents the largest monthly jump in nearly four years....
March CPI report threatens Fed rate cuts, following Iran war energy spike
The U.S. Bureau of Labor Statistics releases the March Consumer Price Index (CPI) today. This report provides the first full measure of the Iran war’s impact...
US Inflation Surges to 3.3% in March, Driven by Energy Price Spike
The U.S. Bureau of Labor Statistics reported that the Consumer Price Index (CPI) rose to 3.3% year-over-year in March. This figure represents a sharp increase...
Starbucks Cedes China Control in $4B Deal, Targeting 20,000 Stores
Starbucks finalized a $4 billion joint venture with private equity firm Boyu Capital. Boyu Capital acquired a 60% controlling stake in the China retail...