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XLY News30 articles
Ford Stock Slips Despite Quality Gains as Recall Woes Persist
Ford Motor Company (NYSE:F) stock declined 0.7% to $14.02, underperforming the broader market, despite a 21% improvement in J.D. Power initial quality scores. The company continues to lead the industry with 51 recalls in 2026.
S&P 500 at High Valuations Stirs Crash Fears Amid Mixed Signals
The S&P 500's high valuation and mixed historical signals have sparked talk of a potential 2026 stock market crash, with AI-driven profits under pressure from rising rates.
Nike Posts Mixed Q3, Beats Sales Forecasts Amid China and Margin Pressures
Nike reported third-quarter revenue of $11.28 billion, matching year-ago levels and exceeding analyst forecasts, though net income dropped 35% to $520 million. The company continues to face headwinds in Greater China and from higher tariffs.
JB Hi-Fi Soars on Strong Earnings and Dividend Boost
JB Hi-Fi shares jumped 8.1% following robust first-half results, with sales rising 7.3% to A$6.10 billion and profit up 7.1%. The retailer also raised its interim dividend and payout ratio target.
Home Depot Eyes $391 as Packed Week Brings Fed Minutes, Inflation Data
Home Depot shares edged higher to $391.05 Friday. Markets face a compressed week with critical Fed minutes and economic data ahead of the retailer's quarterly report.
Nike Shares Slide Below Key Technical Levels Amid Focus on Upcoming Product Launches
Nike shares declined 1.1% in extended trading Wednesday, falling below critical 50- and 200-day moving averages. Investors are monitoring upcoming Jordan Brand and Levi's collaborations for demand signals.
Gap Shares Retreat as Strong Jobs Data Clouds Rate Cut Outlook
Gap stock closed lower after a robust U.S. jobs report tempered expectations for near-term Federal Reserve rate cuts, with investors shifting focus to upcoming inflation data.
McDonald's Shares Dip Pre-Earnings Amid Focus on Consumer Trends, Costs
McDonald's stock declined slightly ahead of its quarterly results, with investors assessing consumer resilience and rising beef costs. Options markets anticipate a 3% price swing.
May PCE Inflation Hits 4.1%, Consumer Demand Weakens, Fed Under Pressure
US PCE inflation rose 4.1% in May, the highest since April 2023, as consumer spending gains were driven by higher prices. Real spending grew only 0.3%, signaling weakening demand.
BofA CEO: Consumers Shift to Bargain Hunting Amid Inflation Squeeze
Bank of America card spending grew 5.1% YoY in May, fastest in nearly four years, but CEO Brian Moynihan warns consumers are trading down on purchases like pet food as inflation outpaces wage growth.
Consumers Energy Seeks $456M Annual Rate Hike, Citing Grid Upgrades
Consumers Energy has filed for a $456 million annual rate hike that could boost residential bills by 9.8%, drawing criticism from Michigan's attorney general and consumer advocates.
Amazon Stock Dips 3% as Early Prime Day Tests Consumer Spending
Amazon shares dropped 3.2% as the June 23-26 Prime Day, moved from July, becomes a key gauge of consumer demand amid inflation and rising competition.
Costco's Strong Sales Signal Resilient US Consumer Spending
Costco's Q3 net sales rose 11.6% to $69.15B, beating expectations, as US shoppers prioritize value. Digital sales surged 21.5% and memberships grew 4.1%.
Walmart Maintains $140 Target Despite Consumer Caution
Walmart shares fell 1.1% to $118.91 after Q1 revenue rose 7.3% to $177.8B. Analysts maintain $140 targets but flag consumer caution and potential inflation.
Chewy Stock Tumbles as CEO Cites Worsening Consumer Strain
Chewy shares dropped 9.1% Tuesday after CEO Sumit Singh said U.S. consumers are more financially strained than earlier this year, pushing the stock near its 52-week low.
Chewy Shares Tumble 7.8% After CEO Warns of Consumer Stress
Chewy shares dropped 7.8% after CEO Sumit Singh warned of consumer spending pressure. The pet retailer reports Q1 earnings on June 10.
Costco Shares Surge Amid Consumer Caution; Valuation Stays Elevated
Costco shares climbed to $1,064.98 as April sales rose 13% to $23.92B. The company raised its dividend and will report fiscal Q3 earnings on May 28.
McDonald's Shares Dip as Consumer Strain Challenges Value Strategy
McDonald's shares slipped 0.4% to $274.60 after JPMorgan cut its price target to $305, even as Q1 profit and revenue beat estimates. April sales turned negative as high gas prices and tighter budgets weighed on lower-income customers.
Kohl's Plunges 9.8% as Rising Gas Costs Squeeze Consumer Spending
Kohl's shares dropped 9.8% as higher gas prices strain household budgets, with the retailer's turnaround efforts under pressure. The stock hit an intraday low of $12.88.
Intuit Opens Credit Karma to Credit-Invisible Consumers, Launches QuickBooks HCM
Intuit opens Credit Karma to 17M credit-invisible adults and debuts QuickBooks Workforce HCM. Shares fell 4.4% ahead of fiscal Q3 results on May 20.
Visa Earnings Preview: Analysts Eye Consumer Spending Trends
Visa reports fiscal Q2 earnings April 28. Truist cuts price target to $361 but maintains Buy rating. Analysts expect $3.10 EPS on $10.74B revenue.
Michigan Regulators Approve $276M Consumers Energy Rate Increase
Michigan regulators have granted Consumers Energy a $276.6 million annual rate increase, raising typical residential bills by $6.46 per month starting May 1. The decision funds grid upgrades but drew criticism from the state's attorney general.
FTSE 100 Flat Amid Consumer Weakness, AstraZeneca Gains
The FTSE 100 was little changed, up just 0.1%, as disappointing UK economic data weighed on sentiment. AstraZeneca shares rose on positive trial results.
Walmart Shares Dip on Cautious Consumer Outlook Despite Strong Digital Growth
Walmart shares declined 1.5% in early trading Friday as the retailer's cautious outlook regarding budget-conscious consumers offset strong digital sales growth and a dividend increase.
Wesfarmers Shares Slip Despite Profit Beat as Investors Eye Consumer Outlook
Wesfarmers reported higher first-half earnings and raised its dividend, but shares declined as management warned of patchy consumer demand and outlined price investment plans funded by productivity gains.
Wesfarmers Shares Slide Despite Profit Beat as Consumer Spending Concerns Mount
Wesfarmers shares tumbled over 5% despite reporting a half-year profit beat, as management flagged patchy consumer spending and upcoming price investments, overshadowing solid financial results.
Walmart Earnings Loom as Investors Gauge Consumer Health
Walmart shares approach $134 as the retail giant prepares to report quarterly earnings, offering a crucial snapshot of consumer demand ahead of key economic data.
Chipotle Shares Slide Amid Insider Transactions and Consumer Spending Concerns
Chipotle Mexican Grill stock fell 3.5% as insider filings revealed share sales and tax withholdings by top executives, while weak restaurant spending data weighed on sentiment ahead of key inflation data.
PepsiCo Shares Dip Amid Consumer Spending Concerns and Rival's Revenue Miss
PepsiCo stock declined slightly as weak retail sales data and Coca-Cola's disappointing revenue forecast fueled worries about consumer demand. The company plans snack price cuts and will detail strategy at an upcoming conference.
Visa Shares Gain Amid Ex-Dividend Trading, Consumer Spending in Focus
Visa stock advanced about 1% as it traded ex-dividend, with investors weighing flat U.S. retail sales data. The payments giant remains 13% below its 52-week high.