CONSUMERS STA (XLP)

The full impact of tariffs — including shifts in consumer buying habits and pressure on corporate balance sheets — is expected to unfold gradually over several months.

The latest ruling is part of a retrial. Zest first sued Walmart in 2018 for unfairly copying its food preservation tech, and won a $115 million award in 2021.

The capital expenditure will help the company develop and ship products faster.

Goldman Sachs strategists are calling for as much as a 20% decline in the S&P 500 index from where it trades today, and there are some signs to back this view.

Wall Street expects Walmart’s revenue to rise 2.8% in Q1, while profit is expected to drop.

As volatility starts to creep up again on the S&P 500 index, a few areas of the market become clear targets for investors to consider hedging into.

The company attributed the decline to changes in ordering patterns of bottlers and distributors in the U.S. and Europe and foreign currency headwinds.

With dour projections continuing and another bankruptcy too, it was a significant news week for the retail sector.

Wall Street traded slightly lower by midday Friday, as investors adopted a wait-and-see stance ahead of a potential trade breakthrough, with high-stakes negotiations between U.S. officials—led by Treasury Secretary Scott Bessent—and Chinese authorities set to unfold over the weekend.

The food giant has also urged suppliers to hike prices only if the tariffs become permanent.

Big money did not participate in the bear market rally this time around, reiterating the belief that downside isn't over yet, though not everything is doomed.

Sales grew year on year in April, but the pace was less than that in March.

The beverage giant raised its quarterly dividend by 5% to $1.4225 per share.

Utility stocks hit new highs amid trade policy uncertainty, with Utilities Select Sector SPDR Fund up 6.3% YTD. Constellation Energy Corp. jumps 11.87%.

CEO Donnie King said several of its products do not contain dyes and will remove them from the few that do by the end of the month.

Tyson Foods generated $13.07 billion in revenue during the quarter, missing analyst expectations of $13.14 billion.