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CONSUMER DISC
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181.46
+3.13 (+1.76%)
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Updated: 8:00 PM EDT, Jun 17, 2024
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Amazon's Generative AI Upgrade For Alexa: What Investors Need to Know
May 22, 2024
Amazon will reportedly launch a more conversational version of Alexa later this year, potentially positioning it to better compete with Google and OpenAI.
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
Stocks Hold Steady On Mixed Fed Remarks, First Solar Rallies, Bitcoin Falls Below $70,000: What's Driving Markets Tuesday?
May 21, 2024
It’s a rather quiet session on Tuesday, with major U.S. averages trading around the flatline at midday trading in New York.
Via
Benzinga
Topics
Economy
Exposures
Interest Rates
Stocks, Gold Reach New Record Highs, Cruise Stocks Rally, GameStop Sinks: What's Driving Markets Monday?
May 20, 2024
Wall Street rallies on Monday as major US indices reach fresh record highs. Metal commodities surge, Treasury yields stay stable. Cruise stocks soar.
Via
Benzinga
Tesla Layoffs To Continue Through June, Morale Low Among Workers
May 20, 2024
Tesla Inc. (NASDAQ: TSLA) employees live in fear as layoffs continue through June. CEO Elon Musk's plan to cut at least 10% of the workforce has left employees anxious, uncertain of their job security....
Via
Benzinga
Topics
Workforce
Exposures
Layoff
Tesla Eyes Chinese Data Center To Boost Autonomous Driving Tech: Report
May 17, 2024
Tesla, led by Elon Musk, is reportedly eyes a data center in China to enhance its self-driving technology. This move aligns with their strategy to locally process data for the Full Self-Driving (FSD)...
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
Tesla Told To Face Autopilot Lawsuit In The Wake Of Safety Probes- Report
May 16, 2024
Tesla Inc. (NASDAQ: TSLA) faces a class-action lawsuit for allegedly misleading consumers about its self-driving technology. The lawsuit claims Tesla falsely stated in 2016 that future cars would have...
Via
Benzinga
Topics
Fraud
Lawsuit
Exposures
Financial
Legal
Amazon AWS To Pump €7.8B Into German Cloud Expansion: Details
May 15, 2024
AWS announces a €7.8 billion investment to boost its cloud infrastructure in Germany, aiming to complete new data centers in Brandenburg by 2025.
Via
Benzinga
Tesla Sued In California For Environmental Violations
May 14, 2024
Tesla Inc (NASDAQ:TSLA) faces mounting legal woes as an environmental nonprofit, the Environmental Democracy Project, files a lawsuit alleging violations of the Clean Air Act. The suit accuses Tesla's...
Via
Benzinga
Topics
Lawsuit
Exposures
Financial
Legal
Amazon Web Services Undergoes Leadership Change, Matt Garman to Take Over as CEO
May 14, 2024
Amazon (AMZN) stock down as Matt Garman replaces Adam Selipsky as AWS CEO. AWS's 2021 job cuts aimed for digital self-service training. $143.3B Q1 sales, $100B annual run rate. Dominant in cloud market...
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
GameStop Up Triple Digits Premarket: Is 2021 Meme Stock Rally Back?
May 14, 2024
GameStop and AMC stocks surge by 147% and 121% respectively, driven by retail investors coordinating through online platforms. Market volatility expected.
Via
Benzinga
Tech Stocks Inch Higher Ahead Of Key Inflation Data, GameStop Skyrockets, Tencent Fuels China Rally: What's Driving Markets Monday?
May 13, 2024
Wall Street kicked off a data-heavy week on a mixed note as traders await key inflation updates and remarks from Fed Chair Jerome Powell in the coming days.
Via
Benzinga
Topics
Economy
Exposures
Interest Rates
Auxly Cannabis Achieves Record Q1: Adjusted EBITDA Soars 1,523%, Revenue Grows 5%, Strong 2024 Ahead
May 13, 2024
Auxly Cannabis reports a record Q1 with 5% revenue growth and a 1,523% surge in adjusted EBITDA. Explore these impressive results.
Via
Benzinga
Topics
Cannabis
Exposures
Cannabis
Amazon Pours ~$1.3B Investment Into French Operations: Report
May 13, 2024
Amazon's €1.2 billion investment marks a significant stride in bolstering its French presence, promising 3,000 new jobs. The move aligns with France's push for tech investment, showcased at the 'Choose...
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
The Debate Continues - Will They, Or Won’t They?
May 12, 2024
I could write about many topics this week, as there were more than a handful of newsworthy items. But given the amount of time, space, and energy that the media has been giving to whether or not the...
Via
Talk Markets
Topics
Economy
Exposures
Interest Rates
Kashkari Vs. Goolsbee, Hawk Vs. Dove: What's Next For The Fed?
May 10, 2024
Fed official Kashkari says "this is about equivalent to as much tightening as we did in the 1994 timing cycle." Goolsbee agrees.
Via
Benzinga
Topics
Economy
Exposures
Interest Rates
Stocks Pause On Dismal Consumer Confidence; Yields, Dollar Rise As Inflation Expectations Kick Higher, Bitcoin Sinks: What's Driving Markets Friday?
May 10, 2024
A worse-than-expected University of Michigan’s May consumer report halted stock gains on Friday, sparking worries about a potential decline in consumer health amid perceived rising price pressures.
Via
Benzinga
Topics
Economy
Exposures
Interest Rates
Tesla Charging Shakeup May Disrupt Biden EV Plans
May 10, 2024
Tesla CEO Elon Musk reportedly cut about 500 people from the company's supercharger group as part of a restructuring.
Via
Benzinga
Mind Those “Defensive” Equities
May 09, 2024
In the first quarter of 2024, Canadian business insolvencies climbed 87.2% higher than the same quarter last year.
Via
Talk Markets
Stocks Rebound As Rising Jobless Claims Sustain Rate-Cut Hopes, Dollar Falls, Gold Rallies: What's Driving Markets Thursday?
May 09, 2024
Wall Street is seeing a day of gains as all major indices traded in the green around noon in New York, driven by a surprising uptick in unemployment claims prompting speculation over Federal Reserve...
Via
Benzinga
Topics
Economy
Exposures
Interest Rates
Tesla Cuts More Jobs In China As Competition Heats Up
May 09, 2024
Tesla (NASDAQ:TSLA) grapples with mounting job cuts in China amid fierce market competition. Recent layoffs, part of a global downsizing effort exceeding 10%, target various departments at the Shanghai...
Via
Benzinga
Topics
Workforce
Exposures
Layoff
Celsius Stock’s Post-Earnings Morning Dip, Better than Coffee
May 08, 2024
The dip on Celsius stock is one to watch out for, as the company reports blowout financial results, analysts see double-digit growth ahead this year.
Via
MarketBeat
Topics
Economy
Exposures
Economy
Amazon, Telefonica's Bold Venture To Transform Telecommunications - What's On The Cards?
May 08, 2024
Telefonica SA's German branch is set to migrate one million 5G users to Amazon Web Services (AWS) this month, marking a groundbreaking partnership. This move, a first for established mobile operators,...
Via
Benzinga
US Stocks Eye Fourth Positive Session Despite Hawkish Fed Remarks; Disney, Palantir Tumble; Treasury Yields Fall: What's Driving Markets Tuesday?
May 07, 2024
Wall Street experienced a quiet session during morning trading on Tuesday, influenced by a lack of significant economic data and minimal updates on earnings from major large-cap companies.
Via
Benzinga
Topics
Economy
Exposures
Interest Rates
Amazon Storms Into South Africa: Makes Waves With Local And International Brands
May 07, 2024
Discover a world of choice with Amazon.co.za! Explore a vast array of local and global brands across 20 categories, from Electronics to Toys. Enjoy same-day and next-day delivery, plus hassle-free...
Via
Benzinga
Former CEO Schultz Urges Starbucks Overhaul Amid Sales Slump: Report
May 06, 2024
Former Starbucks Chief Executive Howard Schultz reportedly urged the coffee chain to acknowledge its faults and revamp operations following a significant sales decline.
Via
Benzinga
Elon Musk's Tesla Sues Indian Company For Trademark Infringement: Report
May 03, 2024
Tesla escalates legal action against Indian battery manufacturer for unauthorized use of its trademark, "Tesla Power," seeking compensation and a permanent injunction.
Via
Benzinga
Topics
Lawsuit
Exposures
Financial
Legal
Shocker Of 2024: Utilities Overtake Tech Sector — 10 Stocks Behind The Shift
May 02, 2024
Utilities, once the underperformers, have emerged as the surprise winners in S&P 500's first four months. Tech dipped while utilities surged.
Via
Benzinga
Topics
Stocks
Exposures
US Equities
Starbucks CEO's Dilemma Unfolds With Stock Performance, Falling Sales
May 02, 2024
Starbucks' honeymoon with new CEO Laxman Narasimhan ends abruptly as shares plummet 18% post-disappointing quarterly results. Global comparable store sales sink by 4%, with transactions down by 6%....
Via
Benzinga
Topics
Economy
Exposures
Supply Chain
Tesla Interns Face The Heat Of Musk's Budget Squeeze
May 02, 2024
Tesla's abrupt internship offer withdrawals have left students in limbo, scrambling for alternatives. Miami University's Joshua Schreiber shared his shock, losing his offer within hours of receiving...
Via
Benzinga
Topics
Workforce
Exposures
Layoff
April Showers On Wall Street: Miners, Utilities Emerge As Bright Spots In Gloomy Market
April 30, 2024
Performance in April 2024: Utilities lead, real estate lags. S&P 500, Nasdaq 100, Dow Jones Industrial Average, small-cap and large-cap indices all decline.
Via
Benzinga
Topics
Stocks
Exposures
US Equities
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