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Fidelity Consumer Disc MSCI ETF
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+1.79 (+2.18%)
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Updated: 8:00 PM EDT, Aug 23, 2024
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Headline News about Fidelity Consumer Disc MSCI ETF
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ETFs To Tap As Consumer Sentiment Improves
August 21, 2024
Rising consumer sentiment bodes well for household spending in the coming months. Investors can tap the encouraging trend in the basket form through consumer discretionary ETFs.
Via
Talk Markets
Topics
ETFs
Home Depot Sales Fall Short As Consumers 'Become Increasingly Cautious': Analyst
August 13, 2024
Home Depot's revenue declined in Q2 due to cautious consumers and tough market trends. Analysts predict lower financing costs and maintain $360 target.
Via
Benzinga
Starbucks Appoints Chipotle Mexican Grill Veteran As New CEO, Stock Soars
August 13, 2024
Starbucks shares rise 13% as Chipotle veteran Brian Niccol is appointed CEO, succeeding Laxman Narasimhan.
Via
Benzinga
Amazon's Weak Sales Spoil Investors' Mood: ETFs In Focus
August 02, 2024
Shares of Amazon dropped as much as 8% in aftermarket hours on elevated volume. ETFs having a substantial allocation to this online behemoth have been in focus.
Via
Talk Markets
Topics
ETFs
Tesla Sees 24% Drop In California Registrations As EV Competition Heats Up
July 19, 2024
Tesla Inc. (NASDAQ: TSLA) saw a 24% drop in California car registrations in Q2, marking the third consecutive quarter of declining sales. High interest rates and increased competition have driven...
Via
Benzinga
Tesla To Supply Megapacks To Intersect Power: Solar Storage Franchise 'Is The Perfect Complement'
July 18, 2024
Tesla, Inc. shares are trading higher today after the Austin, Texas-based company inked a contract with Intersect Power.
Via
Benzinga
Tesla Extends Model 3 Delivery Times In China: Report
July 17, 2024
Tesla Inc (NASDAQ: TSLA) has increased the delivery wait times for its Model 3 sedan in China to 3-5 weeks. The previous wait time was 2-4 weeks. The Model Y crossover's delivery time remains at 1-3...
Via
Benzinga
Tesla's 5G Patent License Lawsuit In UK Court Dismissed
July 15, 2024
Tesla Inc. (NASDAQ: TSLA) lost its lawsuit in London against InterDigital Inc. (NASDAQ: IDCC) and Avanci, seeking a patent license for 5G vehicles in the UK. The High Court ruled in favor of...
Via
Benzinga
Topics
Intellectual Property
Lawsuit
Exposures
Financial
Intellectual Property
Legal
What's Going On With Sneaker Giant Nike's Shares Today?
July 09, 2024
Tom Peddie reportedly rejoins Nike as vice president of marketplace partners to mend retail relationships and address sales decline. With CEO John Donahoe, Nike seeks to reconnect with retailers such...
Via
Benzinga
Tesla Ordered To Fix Air Quality Violations At Fremont Factory
June 27, 2024
Bay Area Air Quality Management District has ordered Tesla to address air quality violations at its Fremont factory. The order follows recent accusations of harmful emissions without proper abatement.
Via
Benzinga
Topics
Emissions
Tesla Sues Former Supplier Over Trade Secret Theft, Seeks $1B Compensation: Report
June 17, 2024
In a significant legal move, Tesla Inc. is reportedly suing Matthews International, claiming the company misappropriated Tesla's proprietary dry electrode battery technology to the detriment of Tesla's...
Via
Benzinga
Topics
Lawsuit
Supply Chain
Exposures
Financial
Legal
Supply Chain
Tesla's Largest Outside Investor Vanguard's Vote Switch Helped Pass Elon Musk's $56B Pay Package
June 14, 2024
Vanguard, Tesla Inc.'s largest external investor, played a crucial role in approving CEO Elon Musk's $56 billion pay package at the recent shareholder meeting, reversing their initial stance due to...
Via
Benzinga
Nike's Bid To Trademark 'Footware' Thwarted By EU Court
June 13, 2024
Nike loses EU trademark case for 'footware' to Puma SE, ordered to pay legal fees. Can still appeal to higher court. Stock down 12% in past year.
Via
Benzinga
Amazon's $3.6B Pledge To Create 14K Affordable Homes in Key Metro Areas
June 12, 2024
Amazon commits $1.4 billion to Housing Equity Fund, creating 14,000 affordable units in Seattle, Nashville, and Washington metro areas. Also invests in Taiwan for cloud services.
Via
Benzinga
Tesla's Elon Musk Accused Of Insider Trading In New Lawsuit
June 12, 2024
Elon Musk, CEO of Tesla Inc. (NASDAQ: TSLA), is accused in a new lawsuit of using insider information to profit from selling Tesla shares. The Employees' Retirement System of Rhode Island claims these...
Via
Benzinga
Topics
Lawsuit
Retirement
Exposures
Financial
Legal
Pension
Nordic Brokerages Enable Voting At Tesla's AGM For The First Time
June 11, 2024
Nordic brokerages like Avanza and Nordnet are allowing their clients to vote at Tesla's AGM for the first time, in response to high demand and Elon Musk's proactive stance on shareholder involvement....
Via
Benzinga
Nike's Multiyear Cost-Cutting Strategy Leads To Layoffs In Europe: Report
June 05, 2024
Nike has reportedly initiated workforce reductions at its European headquarters in Hilversum, Netherlands, as part of a global cost-saving strategy to trim $2 billion. The company is cutting...
Via
Benzinga
Topics
Workforce
Exposures
Layoff
Tesla Argues New Pay Plan For Musk Would Cost More: Report
June 03, 2024
Tesla Inc. (NASDAQ: TSLA) defends Elon Musk's $56 billion pay package, stating that a new compensation plan would be costlier.
Via
Benzinga
Has Tesla Re-prioritized Its EV Goal? A Change In Current Report Says So
May 23, 2024
Tesla Inc. (NASDAQ: TSLA) has shifted focus from selling 20 million vehicles annually to emphasizing autonomy. The 2023 impact report highlights Tesla's goal to displace fossil fuels without the...
Via
Benzinga
Amazon and AI startup Hugging Face Partner to Enhance AI Model Efficiency
May 23, 2024
Amazon's cloud unit partners with AI startup Hugging Face to simplify running thousands of AI models on AWS's custom chips, valued at $4.5B.
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
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's Upfront Presentation Highlights Strong Push into Movies and Sports Advertising: Analyst
May 15, 2024
Oppenheimer analyst reiterates Outperform rating on Amazon, highlighting pricey talent, heavy movie focus, and potential for ad revenue growth.
Via
Benzinga
Nike's Converse Brand Slashes Jobs As Part Of Cost-Cutting Move: Report
May 15, 2024
Converse is reportedly reducing its workforce as part of Nike's $2 billion cost-saving plan. The layoffs, affecting 2% of Nike's global workforce, include cuts at Converse's Boston base. This move aims...
Via
Benzinga
Topics
Workforce
Exposures
Layoff
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
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
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
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
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