Should You Invest in the iShares U.S. Consumer Discretionary ETF (IYC)?

Tesla Rises on Future EV Plans Despite Q1 Miss: ETFs in Focus

Amazon to Open More Cloud Centers in Southeast Asia for Better Data Protection

Amazon.Com, Inc. Is establishing cloud regions in Southeast Asia in response to customer demands for secure local data storage. Amazon Web Services (AWS) led the global cloud service market in the fourth quarter, capturing 31% of total cloud spending. In November, Amazon announced the launch of a new AWS Region in Malaysia.

Enhanced Convenience: Amazon Launches New Affordable Grocery Delivery Subscription

Amazon.com Inc has launched a new grocery delivery subscription benefit available to Prime members and customers using EBT. The facility will be available in more than 3,500 cities and towns across the U.S. The subscription provides unlimited grocery delivery on orders over $35 for $9.99 per month.

Amazon Ends Drone Deliveries in Lockeford, Sets Eye on New Arizona Site for Expansion

Amazon.com has discontinued its Prime Air drone delivery operations in Lockeford, California. Lockeford was Amazon.com’s second U.S. Drone delivery location after College Station, Texas. The company began operations in the town in June 2022. Amazon assured that it will continue to serve customers through alternative delivery methods.

Should You Invest in the Vanguard Consumer Discretionary ETF (VCR)?

Tesla Layoffs Hit Marketing Team, Retracts Advertising Push

Tesla eliminated a marketing team as part of broader company layoffs. CEO Elon Musk approved a move towards traditional advertising less than a year ago. Tesla maintains a smaller marketing team in Europe. The U.S. "growth content" team of 40 employees was cut as a result of the layoffs.

Weekly Report: what happened at VCR last week (0415-0419)?

Shares of VCR Now Oversold

Wells Fargo sees growing concerns about consumers as key earnings takeaway

Amazon's Northern Virginia Dream Fades, Job Promises Pushed to 2038 Amid HQ2 Delays

Amazon.Com Inc (NASDAQ:AMZN) has encountered delays in expanding its workforce at its Northern Virginia headquarters. The company's workforce in Arlington experienced a reduction last year despite a commitment to add 25,000 new jobs by the end of the decade. The reduction in job creation could decrease the financial incentives Amazon receives from Virginia.

Consumers Binge Despite Higher Interest Rates, And The Fed Watches Them Nervously

Retail sales in March increased by 0.7% seasonally adjusted, with a year-over-year jump of 4.0%. Total retail sales jumped 10.1% in March from February to $712 billion. Ecommerce, food services, and general merchandise retailers were the biggest drivers of growth.

U.S. Retail Sales Rack Up Solid March Numbers

U.S. Retail sales smashed expectations in March, with total sales up 0.7% and ex-autos up 1.1%. Non-store retailers and bars and restaurants saw the biggest year/year increase. Five out of the 10 consumer-related industries have turned positive. The latest retail sales data reflects strong consumer buying.

U.S. Household Spending Holds Firm

Retail sales beat all expectations. US retail sales rose a very robust 0.7% month-on-month in March versus 0.4% expected. With jobs, inflation, and activity all beating expectations, the Federal Reserve is in no position to cut interest rates. We expect spending and inflation to slow, but the Fed won't be contemplating rate cuts.

Weekly Report: what happened at VCR last week (0408-0412)?

Amazon Invests in Tech to Uplift Workers: New Robotics and AI Create Jobs and Improve Efficiency Across Europe

Over 1,000 new technologies have been introduced across Amazon’s European fulfillment centers in the past five years. Stefano La Rovere, the Director of Global Robotics, argues that robots and advanced technology do not lead to job losses. Amazon stock has gained over 92% in the last 12 months.

5 ETFs to Tap Amazon's Growth Story

Top Seeking Alpha Quant picks in S&P 500 Consumer Discretionary sector ahead of earnings

Consumer Discretionary Select Sector SPDR Fund ETF (XLY) has underperformed the S&P 500 in the past 12 months. The consumer discretionary sector had the largest net selling and was among the worst-performing sectors last week. Goldman Sachs expects strong 1Q EPS growth in the consumer discretionary industry. The sector's growth has been slower than other industries due to inflation and interest rate spikes.

Amazon Phases Out Developer Incentives, Embraces AI to Revitalize Alexa's Competitive Edge

Amazon.com Inc will discontinue its Alexa Developer Rewards Program by the end of June. The move marks a shift in Amazon's strategy towards its voice-activated digital assistant platform. Amazon is phasing out a support program offering free Amazon Web Services credits to Alexa developers. Developers will still be able to earn through in-app purchases.

The Implied Analyst 12-Month Target For VCR