Consumer Staples Surge 7.5% in Strongest Start Since 2022 as Investors Flee to Safety
The Consumer Staples Select Sector SPDR Fund posts its best short-term performance since 2022 as investors rotate from high-growth tech into defensive stocks.
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The Consumer Staples Select Sector SPDR Fund posts its best short-term performance since 2022 as investors rotate from high-growth tech into defensive stocks.
ADM shares fall 5% after the agribusiness giant reports revenue miss and issues weak 2026 guidance, citing persistent uncertainty in U.S. biofuel policy.
Western Digital's new $4 billion stock buyback program signals confidence in the AI-driven storage boom, with fiscal Q1 revenue surging 27% as data centers scramble for capacity.
Amazon reports Q4 2025 earnings Thursday with an unprecedented $200 billion AWS backlog. Wall Street expects the retail giant to cross $700 billion in annual revenue for the first time.
Walt Disney shares fell 7.4% after management warned that international visitor declines have hit U.S. theme parks, with tourism down for eight consecutive months.
The IRS has raised 401(k) contribution limits to $24,500 for 2026, with a new 'super catch-up' provision allowing workers ages 60-63 to contribute up to $35,750 annually.
Auto loan delinquencies have reached their highest levels since the Great Recession, with 5% of outstanding auto debt at least 90 days late as record vehicle prices squeeze household budgets.
The IRS 2026 filing season opened January 26, but staffing reductions, government shutdown impacts, and new direct deposit rules could delay tax refunds for millions of Americans.
PayPal shares plunge after the board removes CEO Alex Chriss citing slow pace of change, appoints HP CEO Enrique Lores to lead the struggling fintech giant.
Pfizer reports Q4 revenue of $17.6 billion and full-year 2025 sales of $62.6 billion, with CEO Bourla pointing to 20 pivotal study starts as catalysts for 2026.
Mortgage industry experts project rates averaging between 5.99% and 6.125% in February, with a sub-6% rate representing a major psychological catalyst for sidelined buyers.
Uber reports Q4 2025 earnings Wednesday with analysts expecting $14.28B revenue amid growing pressure from Waymo's explosive robotaxi growth.