State Street Consumer Discretionary Select Sector SPDR ETF News - May 2026
Walmart reports Q1 earnings, gauging consumer health after 21% stock rally
Walmart will report first-quarter fiscal 2027 earnings on May 21 before the market opens. Wall Street projects revenue of approximately $174.8 billion....
Congress moves to ban Chinese vehicles, citing national security risks
US lawmakers introduced the bipartisan Connected Vehicle Security Act to prohibit the importation, manufacturing, and sale of Chinese vehicles. The legislation...
US Lawmakers Propose Ban on Chinese Vehicles, Citing National Security Risks
U.S. lawmakers introduced the bipartisan Connected Vehicle Security Act to prohibit the importation, manufacturing, and sale of Chinese vehicles. The...
Tesla retires Model S and X, prioritizing high-volume mass-market models
Tesla officially ended production of the Model S and Model X electric vehicles. The company will sell the final manufactured units to a select group of its...
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...
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...
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...
Disney shares jump 5.5%, fueled by streaming surge and record park revenue
The Walt Disney Company surpassed Wall Street expectations for the fiscal second quarter. Revenue rose 7% year-over-year. Total revenue reached $25.2 billion....
Amazon launches supply chain services, sending FedEx and UPS shares tumbling
Amazon launched Amazon Supply Chain Services to open its logistics and fulfillment network to all businesses. The service bundles freight, distribution, and...
US threatens 25% EU vehicle tariffs, citing 2025 trade deal non-compliance
The U.S. administration proposed raising tariffs on European Union vehicle imports from 15% to 25%. Officials allege the EU failed to comply with the 2025...
Amazon launches Supply Chain Services, pressuring UPS and FedEx shares
Amazon launched Amazon Supply Chain Services (ASCS) to make its end-to-end logistics network available to all businesses. The service provides external...
Amazon Launches Supply Chain Services, Challenging FedEx and UPS
Amazon launched Amazon Supply Chain Services (ASCS) to provide end-to-end logistics to businesses of all sizes. The service manages freight, distribution,...
Spirit Airlines Collapses, Cutting 17,000 Jobs After Failed Government Bailout
Spirit Airlines announced an immediate and orderly wind-down of all operations on May 2, 2026. The sudden collapse of the ultra-low-cost carrier resulted in...
Berkshire Hathaway reports $9,671 earnings, as Greg Abel leads first meeting
Berkshire Hathaway reported first-quarter 2026 earnings of $9,671.40 per share. CEO Greg Abel presided over the annual meeting in Omaha, marking the first...
Amazon Crushes Q1 Estimates, Boosting Sector Sentiment on Accelerating AWS Growth
Amazon.com Inc. reported first-quarter 2026 financial results after the market closed on April 29. Net sales rose 17% year-over-year. The company reported...