XLY State Street Consumer Discretionary Select Sector SPDR ETF

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Latest News

Dollar General expands AI audio to 6,000 stores, boosting ad revenue

Dollar General expands AI audio to 6,000 stores, boosting ad revenue

Dollar General is expanding its in-store media capabilities through a partnership with advertising provider QSIC. The retailer will deploy an AI-enabled audio...

Tesla Wins Dutch Approval for FSD Supervised, Marking First European Milestone

Tesla Wins Dutch Approval for FSD Supervised, Marking First European Milestone

Dutch vehicle authority RDW approved Tesla’s Full Self-Driving Supervised software for public roads. This decision marks the technology’s first official...

Tesla Wins Dutch FSD Approval, Launching European Expansion

The Netherlands' vehicle authority (RDW) granted Tesla the first European approval for its Full Self-Driving (FSD) Supervised software. This permit allows FSD...

LVMH reports Q1 revenue, following record 28% stock price decline

LVMH reports its first-quarter 2026 revenue today. This release kicks off the European earnings season. Investors are monitoring the results to gauge the...

Tesla faces JP Morgan warning over record inventory of 50,000 unsold cars

JP Morgan reiterated its Underweight rating on Tesla (TSLA) on April 12, 2026. Analyst Ryan Brinkman flagged a record inventory of over 50,000 unsold vehicles...

Dolce & Gabbana Chairman resigns as brand prepares for lender talks

Stefano Gabbana resigned as chairman of Dolce & Gabbana on April 12, 2026. The Italian luxury house announced the move as part of a governance and...

Tesla secures first European FSD approval, targeting 2026 expansion across EU

Tesla secures first European FSD approval, targeting 2026 expansion across EU

The Dutch vehicle authority (RDW) granted Tesla its first European type approval for Full Self-Driving (FSD) Supervised. This decision was announced on Friday,...

Tesla Secures First European Self-Driving Approval in the Netherlands

Tesla Secures First European Self-Driving Approval in the Netherlands

Dutch regulators approved Tesla’s supervised self-driving software for highways and city streets. This decision marks the first European approval for the...

U.S. Consumer Sentiment Hits Record Low, Driven by Surging Gas Prices

The University of Michigan’s preliminary April consumer sentiment index plunged to a record low of 47.6. This figure marks a sharp decline from the 53.3...

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...

Levi Strauss Hikes 2026 Outlook, Fueled by 16% Direct-to-Consumer Growth

Levi Strauss & Co. (LEVI) exceeded analyst expectations for the first quarter of fiscal 2026. Adjusted earnings per share reached 42 cents, surpassing the...

Ford Denied Aluminum Tariff Relief, Straining EV Production

Ford Denied Aluminum Tariff Relief, Straining EV Production

The U.S. government rejected Ford Motor Company’s request for aluminum tariff relief. This decision intensifies financial pressure during an ongoing supply...

Tesla Ends Model S and X Production, Pivoting to Optimus Robots

Tesla Ends Model S and X Production, Pivoting to Optimus Robots

Tesla CEO Elon Musk announced the company is phasing out its flagship Model S and Model X vehicles. Only a few hundred units remain in current inventory....

Tesla Ends Model S and X Production, Shifting to Optimus Robots

Tesla Ends Model S and X Production, Shifting to Optimus Robots

Tesla CEO Elon Musk confirmed the end of production for the Model S and Model X. Current inventory for these flagship vehicles has dropped to a few hundred...

Amazon Renews USPS Delivery Deal, Retaining 80% of Parcel Volume

Amazon Renews USPS Delivery Deal, Retaining 80% of Parcel Volume

Amazon secured a new package delivery agreement with the United States Postal Service (USPS). The USPS will retain approximately 80% of current delivery volume...

Trump Announces Iran Ceasefire, Crashing Oil Prices Below $100

President Trump announced a ceasefire between the U.S. and Iran today. Oil prices plunged 15% following the de-escalation. Crude prices dropped below $100 a...

Amazon Secures USPS Deal for 1 Billion Packages, Stabilizing Delivery Network

Amazon Secures USPS Deal for 1 Billion Packages, Stabilizing Delivery Network

Amazon and the United States Postal Service (USPS) finalized a new delivery agreement following tense negotiations. The USPS will continue handling...