State Street Consumer Discretionary Select Sector SPDR ETF News - April 23, 2026
Tesla Shares Sink, Following $25 Billion AI and Robotics Spending Surge
Tesla reported first-quarter profits of $477 million, representing a 17% increase. Revenue rose 16% to $22.4 billion. Both metrics surpassed analyst...
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...
Keurig Dr Pepper Sales Surge 9.4%, Squeezed by Rising Inflationary Costs
Keurig Dr Pepper (KDP) reported first-quarter net sales of $4.0 billion. Net sales increased 9.4% during the period. The U.S. Refreshment Beverages portfolio...
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 Hikes 2026 Spending to $25 Billion, Targeting AI and Robotics
Tesla raised its 2026 capital expenditure forecast to more than $25 billion. This figure marks a significant increase from the previous $20 billion estimate....
Walmart launches Upstream Facility Services, selling in-house maintenance to other businesses
Walmart launched Upstream Facility Services to sell its internal maintenance and repair expertise to external businesses. The new enterprise business offers...
Tesla Hikes 2026 Spending to $25B, Pivoting to AI and Robotics
Tesla raised its 2026 capital expenditure forecast to more than $25 billion. This update marks a $5 billion increase from previous estimates. The company is...
Tesla Surges After Profit Beat, Defying Revenue and Delivery Misses
Tesla reported Q1 2026 earnings after the market close on April 22. Adjusted earnings per share reached 41 cents. This result exceeded Wall Street expectations...