Vanguard Consumer Discretion ETF (ARCA: VCR)

에 대한 최신 뉴스 Vanguard Consumer Discretion ETF (ARCA:VCR)

Vanguard Consumer Discretion ETF

Vanguard Consumer Discretion ETF - DNQ

Consumer Cyclical

Consumer Defensive

Technology

Communication Services

Industrials

Energy

Healthcare

Financial Services

The fund employs an indexing investment approach designed to track the performance of the MSCI US Investable Market Index/Consumer Discretionary 25/50, an index made up of stocks of large, mid-size, and small U.S. companies within the consumer discretionary sector, as classified under the Global Industry Classification Standard. The Advisor attempts to replicate the target index by seeking to invest all, or substantially all, of its assets in the stocks that make up the index, in order to hold each stock in approximately the same proportion as its weighting in the index. It is non-diversified.

Amazon.Com Inc

Tesla, Inc.

Home Depot Inc/The

Mcdonald'S Corp

Booking Holdings, Inc.

Lowes Cos., Inc.

Tjx Cos., Inc.

Nike Inc

Starbucks Corp

Chipotle Mexican Grill Inc. Class A

Mercadolibre Inc

O'reilly Automotive, Inc.

Vanguard Consumer Discretionary ETF

0x0-Megapack_09

Specialty ETFs

Global

Trading Ideas

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NITE

TESL

TSLA

Select Sector SPDR-Consumer Discretionary

테슬라 주가가 연초 대비 33% 하락한 상황에서 투자자들은 잔해를 헤쳐나가면서 앞으로 어떤 일이 일어날지 파악하려고 노력하고 있다. 최근 테슬라에 주로 노출된 여러 ETF가 화제가 되고 있는데, 일부는 반등을 기대하는 반면 다른 일부는 더 큰 타격을 입을 것을 대비 중이다.

테슬라의 에너지 부문 실적 호조···광범위한 어려움으로 관련 ETF의 리스크는 상승

New,York,-,May,22:,New,York,Stock,Exchange,May

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Fidelity NASDAQmposite Index Fund ETF-Tracking NASDAQmposite Index

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XLRE

2024년은 이정표를 세운 한 해였다. 현재의 강세장은 거의 26개월이 지났지만 흔들림 없는 상승세를 보이고 있다. 이는 2022년 10월 중순의 저점 대비 70% 이상 상승한 수치다. 한 해를 마무리하며 &#39;산타 랠리&#39;의 가능성을 염두에 두고 2024년의 중요한 시점을 정리해 보려고 한다.

2024년 S&amp;P 500 지수는 57회 사상 최고치 경신, 나스닥 급등의 30%는 &#39;매그 7&#39; 그룹이 주도

xr:d:DAE9HpS4rJc:9334,j:46081936958,t:23042814

Tech

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AMZN

CLIX

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ONLN

아마존닷컴(NASDAQ:AMZN)은 미국 주문 처리 센터와 운송 사업부의 시간제 근로자에 ​​대한 급여를 인상했다고 수요일에 발표했다. &#34;오늘 일찍 저는 솔트레이크시티 근처에 있는 회사 현장 중 한 곳을 방문하여 그곳의 팀원들과 몇 가지 소식을 나누었다. 우리는 주문 처리 및 운송 네트워크 전반에 걸쳐 시간제 일선 직원의 급여 및 복리후생에 상당한 신규 투자를 하고 있다 &#34;고 아마존 전 세계 운영(Amazon Worldwide Operations) 부사장인 우딧 마단(Udit Madan)이 회사 뉴스레터에 썼다.

근로자 보상 추세 상승에 따라 아마존 시간당 급여 인상으로 UPS에 합류

Vanguard Core Bond ETF

VCREDIT HLDGS LTD by VCREDIT HLDGS LTD

Vanguard Tax-Managed Funds Vanguard Core Tax-Exempt Bond ETF

What President Donald Trump announced Friday on Truth Social may mark the sharpest escalation yet in transatlantic trade tensions: a sweeping 50% tariff on all European Union imports starting June 1, blaming a record U.S.-EU trade deficit and what he called &#8220;unfair and unjustified&#8221; <a href="https://www.benzinga.com/economics/macro-economic-events/25/05/45585283/trump-tariff-threat-hits-europe-stocks-sink-as-50-duties-loom">barriers to American goods.</a>
Trump said the EU had been "very difficult to deal with," referencing trade deficits of over $250 billion a year and blaming Europe for high corporate penalties, value-added taxes, monetary manipulation and aggressive lawsuits against American companies. 
He indicated that unless goods are produced in the U.S., they should face tariffs of 50%, calling it "totally unacceptable" that such deficits persist.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The European Union, which was formed for the primary purpose of taking advantage of the United States on TRADE, has been very difficult to deal with. Their powerful Trade Barriers, Vat Taxes, ridiculous Corporate Penalties, Non-Monetary Trade Barriers, Monetary Manipulations,…
&mdash; Trump Posts on &#120143; (@trump_repost) <a href="https://twitter.com/trump_repost/status/1925880933044912276?ref_src=twsrc%5Etfw">May 23, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
<h2 class="wp-block-heading">What The US Buys From Europe</h2>
In 2024, the U.S. imported $687 billion worth of goods from the European Union, according to International Trade Centre data. 
The trade deficit reached $236 billion, the largest on record. In March 2025 alone, U.S. imports from the EU were $91.9 billion, with a single-month deficit of $47 billion, nearly double January's, which was the second largest. 
<h3 class="wp-block-heading">Top 10 US Imports From The EU </h3>
In 2024, the top 10 U.S. imports from the European Union included: 
<ol class="wp-block-list">
<li>Pharmaceutical products – $134.7 billion</li>
<li>Machinery and mechanical appliances – $105.1 billion</li>
<li>Vehicles and parts – $72.9 billion</li>
<li>Electrical machinery – $43.6 billion</li>
<li>Commodities (not specified) – $43.5 billion</li>
<li>Optical and medical instruments – $41.2 billion</li>
<li>Organic chemicals – $36.6 billion</li>
<li>Aircraft and spacecraft – $16.9 billion</li>
<li>Mineral fuels and oils – $15.3 billion</li>
<li>Beverages and spirits – $14.2 billion </li>
</ol>
Pharmaceuticals and cars are among the most exposed sectors, with many U.S. firms depending on EU-made inputs. The rising cost of imported components could erode profit margins across industries.
<h3 class="wp-block-heading">Watch These ETFs</h3>
U.S. ETFs exposed to either European stocks or sectors sensitive to import prices could face pressure:
<ul class="wp-block-list">
<li>SPDR EURO STOXX 50 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FEZ#NYSE">FEZ</a>)</li>
<li>Vanguard Consumer Discretionary ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VCR#NYSE">VCR</a>)</li>
<li>iShares MSCI Europe Financials ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EUFN#NYSE">EUFN</a>)</li>
<li>Themes European Luxury ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FINE#NYSE">FINE</a>)</li>
<li>Select STOXX Europe Aerospace &amp; Defense ETF (CBOE: EUAD)</li>
</ul>
<h3 class="wp-block-heading">Could US Services Be The Next Target?</h3>
While Trump's move covers physical goods, the broader U.S.-EU economic relationship is also affected by services. 
According to the European Commission, in 2023:
<ul class="wp-block-list">
<li>The EU imported €427 billion ($478 billion) in U.S. services</li>
<li>The U.S. imported €318 billion ($356 billion) in EU services</li>
</ul>
In a note last month, Goldman Sachs economist Filippo Taddei said the EU could target U.S. digital and pharma services through tools like the Digital Services Act, Enforcement Regulation, and the Anti-Coercion Instrument.
Last week, Goldman Sachs economist Giovanni Pierdomenico said a U.S.-EU deal might be more likely in the final stretch of negotiations.
The U.S. raised three demands: lower EU tariffs and non-tariff barriers, fairer digital regulations, and increased EU purchases of U.S. goods. The EU has responded with zero-for-zero industrial tariffs and offers to cut the trade imbalance.
Still, Pierdomenico estimated that if the U.S. imposed 20% tariffs, Eurozone GDP could drop by 0.4% to 1% by end-2026. A 50% tariff would have far more severe implications.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/25/05/45584696/trump-threatens-tim-cook-to-manufacture-iphones-in-the-us-or-face-at-least-25-tariffs">Trump Threatens Tim Cook To Manufacture iPhones In US Or Face &#8216;At Least 25%&#8217; Tariffs: AAPL Stock Slides Over 3% In Premarket </a></li>
</ul>
Photo: Shutterstock

Government

Macro Economic Events

Regulations

Sector ETFs

Eurozone

Economics

Analyst Ratings

EUAD

iShares MSCI Europe Financials Sector Index Fund

EUFN

FINE

Trump Sparks New Chapter In Transatlantic Trade War: What The US Buys From Europe

Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) is still one of Wall Street&#8217;s most-watched names, but now it&#8217;s less about innovation and more about crash landings — figuratively speaking. 
With the stock off 33% year-to-date, investors are picking through the wreckage, trying to discern what comes next. A number of <a href="https://www.benzinga.com/etfs">ETFs with major Tesla exposure</a> have been in the hot seat lately, some expecting a bounce, others preparing for more bruises.
Simplify Volt TSLA Revolution ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TESL#NYSE">TESL</a>) is arguably the most Tesla-heavy of them all, with a 54% weightage. It actively manages Tesla volatility through options overlays — imagine a high-risk Tesla with a parachute. Whether that parachute deploys in time is anyone&#8217;s guess.
Nightview Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NITE#NYSE">NITE</a>) contains a Tesla weighting of 18.4%, ranking as one of the most exposed to Tesla of all the mainstream funds. For holders of this ETF, headlines on Tesla are more than mere news, these are portfolio-forming events.
Vanguard Consumer Discretionary ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VCR#NYSE">VCR</a>) isn&#8217;t far behind either, with Tesla contributing 13.3% to its portfolio.
As the stock plunges further and Wall Street analysts cut price targets in anticipation of every earnings season, these ETFs are traversing a rather Musk-ified market risk, one part fundamentals, one part drama.
Also Read: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/04/44957724/tesla-stock-faces-demand-political-tariff-pressure-why-analysts-focus-on-multiple-generational-growth-drivers">Tesla Stock Faces Demand, Political, Tariff Pressure: Why Analysts Focus On &#8216;Multiple Generational Growth Drivers&#8217;</a>
<h1 class="wp-block-heading">Tariffs, Trouble &amp; Tesla&#8217;s Energy Mirage</h1>
Below the stock chart and into the details, Tesla&#8217;s most recent earnings report was a mixed bag. One welcome silver lining? The company&#8217;s energy and storage division, which reported $2.7 billion in revenue, up 67% from last year, with gross profit up a healthy 82%. But the celebration was short-lived.
<a href="https://www.benzinga.com/25/04/44942968/teslas-energy-business-carried-q1now-tariffs-could-kill-the-momentum-as-cfo-says-the-impact-will-be-outsized">CFO Vaibhav Taneja also identified a huge threat</a>: the <a href="https://www.benzinga.com/topic/tariffs">tariff headwinds</a> that endanger the segment. &#8220;The impact of tariffs on the energy business will be outsized since we source LFP battery cells from China,&#8221; he pointed out on the call.
Tesla&#8217;s alternative plan is to commission battery cell production in the country and search for outside-China suppliers. But Taneja conceded, &#8220;it will take time,&#8221; words not necessarily reassuring for investors eager to feed growth.
At the same time, Tesla&#8217;s brand-new <a href="https://in.benzinga.com/25/02/43519412/teslas-first-megafactory-outside-us-to-start-production-on-feb-11-report?_gl=1&#x2A;7umjf6&#x2A;_gcl_au&#x2A;OTE5OTY0NTM4LjE3NDM0MTQxMTE.&#x2A;_ga&#x2A;ZGVsZXRlZA..&#x2A;_ga_V7ZK73W7N0&#x2A;MTc0NTQzNTIyNy4xLjAuMTc0NTQzNTIyNy4wLjAuMA..">megafactory in Shanghai</a> — designed to turbocharge global energy storage manufacturing — has already hit turbulence. New tariffs have thrown a wrench into those overseas expansion plans just months after opening, potentially sidelining the company&#8217;s ambitious 50% growth projection for 2025.
And then there&#8217;s the &#8220;Elon&#8221; of all things. Musk&#8217;s polarizing political image, particularly his heightened profile in the Trump administration, has ignited vitriol — protests, boycotts, even crimes — against the brand. Sales suffered, analysts were doubtful and the company leadership&#8217;s priority seems, well, unfocused.
As Musk publicly attacks tariffs, ironically the same instrument ruining his own company&#8217;s drive into energy, one might have assumed his political stance would finally win out over criticism, and settle down to tidy up the perception mess around core customer segments.
<h1 class="wp-block-heading">What To Watch</h1>
ETF Tweaks: Will high-exposure ETFs rebalance or double down on Tesla? Monitor quarterly reshuffles and options activity.
Energy Segment Headwinds: Advancement on U.S.-based battery manufacturing and alternative suppliers will be paramount to keeping the energy segment afloat.
Geopolitical Shockwaves: Additional tariff ramp-ups or political noises surrounding China-U.S. trade could amplify risks for Tesla — and transmit through ETFs.
Elon&#8217;s Impact: Never underestimate the market-moving ability of a Musk tweet or political shift.
For investors, it&#8217;s a high-voltage waiting game. Whether Tesla recovers or ignites further volatility, one thing&#8217;s certain — the ETFs riding its fate will be anything but dull.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/etfs/specialty-etfs/25/04/44962489/vix-is-still-wild-but-not-for-long-3-volatility-etfs-to-grab-before-calm-returns">VIX Is Still Wild, But Not for Long: 3 Volatility ETFs To Grab Before Calm Returns</a></li>
</ul>
Photo: Courtesy Tesla Inc.

Tesla's Energy Division Shines, But ETF Risks Mount Amid Broader Challenges

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Shares of companies in the broader consumer discretionary sector are trading higher after President Trump indicated tariffs against China will be lowered and trade tensions may de-escalate. Tariff concerns have weighed on the sector this year due to their expected impact on consumer spending.

ALUR

CHWY

EXPE

FNKO

KAVL

MULN

STLA

YUMC

Shares of companies in the broader consumer discretionary sector are trading higher amid Treasury Secretary Scott Bessent's remarks about trade de-escalation with China, which may relieve potential cost pressures for the consumer and lead to an uptick in spending.

In February, <a href="https://www.benzinga.com/topic/third-point">Third Point Investors</a> Limited's share price returned 1.2%, reflecting a narrowing of the discount to NAV from 22.3% to 19.6%.
Meanwhile, Third Point Investors Limited <a href="https://assets.thirdpointlimited.com/f/166217/x/e2eedff364/third-point-investors-limited-february-2025-monthly-report.pdf">returned </a>-2.3% on a NAV basis, underperforming the MSCI World Index (-0.7%) and the S&amp;P 500 Index (-1.3%) for the month. 
Three of Dan Loeb&#8216;s key holdings contributed to February&#8217;s underperformance:
Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) shares dropped around 40% compared to Vanguard Consumer Discretion ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VCR#NYSE">VCR</a>) decline of about 14% YTD.
Third Point LLC held 500,000 shares <a href="https://www.sec.gov/Archives/edgar/data/1040273/000108514625001713/xslForm13F_X02/infotable.xml" target="_blank" rel="noreferrer noopener">as </a>of the fourth quarter of 2024, an increase from 400,000 shares <a href="https://www.sec.gov/Archives/edgar/data/1040273/000108514624005927/xslForm13F_X02/infotable.xml" target="_blank" rel="noreferrer noopener">in </a>the third quarter of 2024.
Major events:
<ul>
<li>In January, Tesla reported fourth-quarter revenue of $25.71 billion, which missed a consensus of $27.26 billion and EPS of 73 cents, <a href="https://www.benzinga.com/news/earnings/25/01/43321103/tesla-q4-earnings-highlights-revenue-miss-eps-miss-ev-updates-automaker-says-2025-will-be-a-seminal" target="_blank" rel="noreferrer noopener">came below estimate of 76 cents</a>.</li>
<li>According to the Wall Street consensus, Tesla is expected to record 422,000 deliveries, up 9% year-on-year in March. However,&nbsp;Gene Munster, the managing partner at Deepwater Asset Management has highlighted in an X post that the &#8220;whisper number&#8221; stands at <a href="https://www.benzinga.com/25/03/44374442/tesla-investors-advised-to-fasten-their-seatbelts-as-this-analyst-expects-march-deliveries-to-take-a-hit-its-still-best-positioned-company-in-physical-ai" target="_blank" rel="noreferrer noopener">375,000, down 3% year-on-year</a>.</li>
<li>Mizuho analysts cut price forecasts from $515 to $430, citing weakening demand and revising delivery forecasts to 1.8 million and 2.3 million for 2025 and 2026, respectively. Analysts also noted significant underperformance in the <a href="https://www.benzinga.com/markets/equities/25/03/44368812/tesla-drops-nearly-5-as-mizuho-cuts-price-target-to-430-peter-schiff-asks-why-is-it-bad-news" target="_blank" rel="noreferrer noopener">U.S., China, and Europe last month</a>.</li>
</ul>
Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) stock has fallen 12% YTD compared to a decrease of 3.7% in ProShares Online Retail ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ONLN#NYSE">ONLN</a>).
Third Point LLC lowered its stake from 3.70 million shares in the third quarter of 2024. to 3.45 million shares in the fourth quarter of 2024.
Major events:
<ul>
<li>On Feb. 6, the company reported fourth-quarter net sales of $187.8 billion, up 10% year-over-year (Y/Y), which beat a Street consensus estimate of $187.3 billion. EPS of $1.86 also beat a&nbsp;<a href="https://www.benzinga.com/25/02/43545590/amazoncom-q4-earnings-highlights-revenue-beat-eps-beat-most-successful-holiday-shopping-season-in-company-history" target="_blank" rel="noreferrer noopener">consensus estimate of $1.48</a>.</li>
<li>RBC Capital analyst Brad Erickson raised the price forecast from $255 to $265 and said, "While the name is crowded and the AI ‘spend money to make money' debate will undoubtedly continue, the combo of AWS's high margin growth and further network cost efficiencies have the company poised to continue growing earnings <a href="https://www.benzinga.com/news/large-cap/25/02/43673006/dan-loebs-amazon-stake-moves-a-look-at-his-trading-shifts" target="_blank" rel="noreferrer noopener">at a level supportive of this valuation</a>." </li>
</ul>
Pacific Gas &amp; Electric Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PCG#NYSE">PCG</a>) shares dipped around 14% so far in 2025 compared to VanEck Uranium and Nuclear ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NLR#NYSE">NLR</a>) decline of 7.8%.
Loeb cut the stake from 49.75 million shares in the third quarter of 2024 to 48.5 million in the fourth quarter of 2024.
Major events:
<ul>
<li>In February, the company reported&nbsp;fourth-quarter&nbsp;results, with an adjusted EPS of&nbsp;$0.31, <a href="https://www.benzinga.com//node/43738960" target="_blank" rel="noreferrer noopener">which&nbsp;was in line with the consensus</a>.</li>
<li>PG&amp;E raised its 2025 adjusted EPS guidance to $1.48 – $1.52 from its previous estimate of $1.47 – $1.51,&nbsp;vs. the&nbsp;<a href="https://www.benzinga.com/calendars/guidance" target="_blank" rel="noreferrer noopener">consensus estimate of $1.49</a>.</li>
<li>The company targets a dividend payout ratio of around 20% of core earnings by 2028.</li>
<li>Morgan Stanley analyst Stephen Byrd downgraded PG&amp;E from Equal-Weight to Underweight and lowered the price <a href="https://www.benzinga.com/quote/PCG/analyst-ratings">forecast from&nbsp;$20&nbsp;to&nbsp;$16.5</a>.</li>
<li>The company stated that it is planning to support approximately 5.5 gigawatts (GW) of new data center energy&nbsp;<a href="https://www.benzinga.com/pressreleases/25/02/n43713032/pg-e-accelerating-connection-of-new-data-centers-throughout-northern-and-central-california" target="_blank" rel="noreferrer noopener">demand over the next decade</a>.&nbsp;</li>
</ul>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/mid-cap/25/03/44261077/dan-loeb-pulls-the-plug-on-bath-body-works-stake-as-sales-decline" target="_blank" rel="noreferrer noopener">Dan Loeb Pulls Plug On Bath &amp; Body Works Stake As Sales Decline</a></li>
</ul>
Image created using artificial intelligence via Midjourney.

Large Cap

Hedge Funds

Dan Loeb's Portfolio Feels The Strain As Tesla, Amazon, PG&E Lose Ground

The U.S. retail market had a bit of a rollercoaster start to 2025. February <a href="https://www.benzinga.com/economics/macro-economic-events/25/03/44355195/retail-sales-rebound-less-than-expected-in-february-online-healthcare-spending-show-strong-gains">retail sales</a> <a href="https://www.benzinga.com/economics/macro-economic-events/25/03/44355195/retail-sales-rebound-less-than-expected-in-february-online-healthcare-spending-show-strong-gains">edged up a modest 0.2%</a>, but that came after a steep downward revision for January, which now clocks in at a 1.2% decline. Economists were looking for a more robust bounce-back of about 0.6%, but consumer spending couldn&#8217;t quite match it.
For investors, this is a key question: what does this imply for <a href="https://www.benzinga.com/etfs">retail-oriented ETFs</a>? Because these ETFs follow the performance of retail stocks, they can take a hit from changes in consumer consumption. Let&#8217;s look at how recent retail data may affect these ETFs and what to expect next.
How Retail ETFs Are Reacting
Retail ETFs such as the SPDR S&amp;P Retail ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XRT#NYSE">XRT</a>) and VanEck Retail ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RTH#NASDAQ">RTH</a>) provide investors with broad exposure to the industry. When consumers are spending more, these ETFs perform well. But when sales are weak, the effect can be uneven based on what is behind the numbers. In the past month, XRT has dipped as much as 13.93% and RTH, 7.42%.
February&#8217;s softer-than-expected growth might cause some short-term volatility, but not every sector of retail is suffering. Online shopping and health-related retail strength might see some ETFs perform better than others.
Also Read: <a href="https://www.benzinga.com/personal-finance/25/03/44360075/retail-giant-target-which-relies-on-china-for-30-of-its-merchandise-warns-of-profit-hit-as-trumps-trade-war-bites">Retail Giant Target, Which Relies On China For 30% Of Its Merchandise, Warns Of Profit Hit As Trump&#8217;s Trade War Bites</a>
Here&#8217;s a closer examination:
XRT, an equal-weighted fund, might come under some pressure because it distributes investments among a broad spectrum of retailers, some of which are suffering.
RTH, which relies more heavily on the likes of Amazon and Walmart, might fare better with the continued e-commerce strength.
Vanguard Consumer Discretionary Index Fund ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VCR#NYSE">VCR</a>), which is exposed to brick-and-mortar as well as online stores, may have mixed results based on how various retail categories perform.
Dissecting The Retail Sales Figures
Based on the most recent U.S. Census Bureau report, here&#8217;s how retail sales held up:
<ul>
<li>February sales increased 0.2%—a modest increase but not the recovery economists were looking for.</li>
<li>January sales were revised to a 1.2% decline, emphasizing a softer beginning to the year.</li>
<li>Year-over-year, retail sales increased 3.1%, decelerating from the prior 3.9%.</li>
</ul>
Not all categories fared poorly, however. Online stores experienced a 2.4% increase in sales, demonstrating ongoing demand for e-commerce.
Health and personal care stores reported a 1.7% increase.
Excluding auto sales and gasoline stations, retail sales actually increased 0.5%, higher than the expected 0.4%.
The control group measure, which removes more erratic sectors, increased 1%, a robust bounce back from January&#8217;s 1% fall.
A number of factors probably held down consumer spending. 
<ul>
<li>Inflation is continuing to nibble at purchasing power, so shoppers are being more careful. </li>
<li>Increased interest rates might be deterring major purchases.</li>
<li>January&#8217;s weakness might have lingered, as shoppers pulled back after the holidays. </li>
<li>Changing consumer spending, with greater emphasis on necessities over discretionary goods.</li>
</ul>
While the disappointing top-line number is concerning, there are some silver linings in sight. The fact that online sales were strong indicates that e-commerce retailers continue to draw shoppers. That&#8217;s a plus for ETFs that have heavy exposure to e-commerce stocks.
What&#8217;s Next For Retail ETFs?
While retail sales missed the mark, sector-specific strength—particularly in e-commerce—may cushion the blow for some ETFs. Investors will want to watch inflation, interest rates, and overall consumer sentiment in the months ahead.
For those who want to ride out possible volatility, diversification within the retail space may be the way to go. Although broad retail ETFs may face some stress, those funds that have greater exposure to well-performing sub-sectors such as e-retail and medical products could be in better shape in the near term.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/25/03/44363430/covered-call-etfs-a-smart-income-play-in-volatile-markets">Covered Call ETFs: A Smart Income Play In Volatile Markets</a></li>
</ul>
Photo: Shutterstock

Merrill Lynch Retail HOLDRS Trust due 12/31/41

Consumer Spending Stumbles: Time To Buy The Dip In Retail ETFs?

Tesla Inc.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) stock is facing a sharp decline, and <a href="https://www.benzinga.com/etfs">ETFs with significant exposure</a> to the EV giant are experiencing pressure. With declining European sales, earnings below expectations, and scrutiny on CEO Elon Musk's leadership, Tesla&#8217;s challenges are impacting many ETFs and testing investor confidence.
Leveraged ETFs have taken an especially hard hit. For instance, the Simplify Volt TSLA Revolution ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TESL#NYSE">TESL</a>) has tumbled 44% since Dec. 17, 2024, when Tesla last peaked.
While leveraged products are seeing the most dramatic swings, broad-market and sector ETFs with significant Tesla holdings are also feeling the pain. Here are some of the hardest-hit funds:
Vanguard Consumer Discretionary ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VCR#NYSE">VCR</a>) has tumbled 12.2% since Dec. 17. The ETF has a 17.30% weighting in Tesla.
With a 15.9% weighting in Tesla, Nightview Fund NITE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NITE#NYSE">NITE</a>) has been affected by Tesla's recent decline. The ETF has fallen 10.3% during the same period.
Consumer Discretionary Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLY#NYSE">XLY</a>) has allocated 13.32% of its assets under management to Tesla. This ETF has seen an 11.3% decline since the EV maker&#8217;s December peak.
Another group facing the fallout? Investors in South Korea, who have heavily bet on leveraged Tesla products. According to Bloomberg News, Korean <a href="https://www.bloomberg.com/news/articles/2025-02-28/tesla-s-40-plunge-burns-koreans-who-plowed-into-leveraged-etfs">investors </a>were the largest holders of the Leverage Shares 3x Tesla ETP, a product designed to deliver three times Tesla's daily returns. The catch? The ETP has lost more than 80% since its December high, mirroring Tesla's 41% plunge over the same period. The losses have prompted local brokerage Mirae Asset Securities Co. to suspend orders for some of the riskiest leveraged ETPs.
What's Driving Tesla's Decline?
Shares of Tesla have fallen roughly 40% from their late 2024 high, including a 17% drop this week. The downturn comes as Tesla faces declining European sales, earnings below expectations, and investor concerns over CEO Elon Musk's political involvement. The broader market has also been under pressure.
What's Next for Tesla And Affected ETFs?
For now, <a href="https://www.benzinga.com/trading-ideas/technicals/25/02/44043021/tesla-the-only-magnificent-seven-stock-in-freefall-can-it-reverse-course">catalysts for a Tesla turnaround appear scarce</a>. Analysts don't expect any major updates on its fully self-driving vehicle plans soon, and competition is heating up, said another <a href="https://finance.yahoo.com/news/tumbling-tesla-shares-leave-investors-103000445.html">report </a>by Bloomberg. China's BYD Co. recently announced it would offer advanced driver-assistance features on nearly all future models at no extra cost.
The significant overvaluation of the stock is another worry. Tesla is trading at 95.24 times forward earnings (per&nbsp;<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent022825&amp;t=be2bearmibe3na1" target="_blank" rel="noreferrer noopener">Benzinga Pro</a>&nbsp;data), far above the S&amp;P 500's 21x average, and this is keeping investors cautious. Options traders are also bracing for more downside, as they are now paying the highest premium for protection against further declines since last August's market rout, noted Bloomberg.
Still, Tesla has a history of defying expectations. As David Mazza, CEO of Roundhill Financial, told Bloomberg, "We expect Tesla to remain under near-term pressure as investors weigh the benefits of Musk's ‘First Buddy' premium with the reality of their EV business struggling in strategically important markets."
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/etfs/sector-etfs/25/02/43986236/how-nvidias-q4-earnings-could-impact-major-etfs">How Nvidia&#8217;s Q4 Earnings Could Impact Major ETFs</a></li>
</ul>
Image created using artificial intelligence via Midjourney.

Broad U.S. Equity ETFs

Tesla's Sharp Drop Sends Shockwaves Through These ETFs

Shares of retail and consumer discretionary ETFs are trading lower following weaker-than-expected consumer confidence data. The sector was also under pressure last week following weak outlook from Walmart.

With Tesla Inc's (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) fourth-quarter earnings set to be unveiled after the market closes Wednesday, all eyes are on how the electric carmaker's performance <a href="https://www.benzinga.com/etfs">might affect the ETFs</a> with large allocations in the company. 
Tesla has been a powerhouse for several high-profile ETFs, and as it prepares to report its latest results, these funds are drawing investor attention.
Simplify Volt TSLA Revolution ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TESL#NYSE">TESL</a>) employs an active management strategy focused on capturing Tesla's price movements while managing downside risks with advanced options. It has $20.8 million in assets and a 1.20% expense ratio. The ETF&#8217;s price has returned 131.58% in the past year.
Another fund closely watching Tesla is the ARK Autonomous Technology &amp; Robotics ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKQ#BATS">ARKQ</a>), which focuses on companies benefiting from technological advancements in energy, automation, and transportation. Tesla, holding a dominant 13.7% of the fund, leads a basket of 36 stocks. This fund charges a fee of 0.75%. 
Also noteworthy is the Vanguard Consumer Discretionary ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VCR#NYSE">VCR</a>), which allocates about 11% of its assets to Tesla. This ETF, charges a mere 0.10% annual fee.
These ETFs will be keenly watching the company's upcoming earnings to gauge the stock&#8217;s next move.
Also Read: <a href="https://www.benzinga.com/news/global/25/01/43251316/tesla-faces-boycott-call-in-poland-over-musks-wwii-comments">Tesla Faces Boycott Call In Poland Over Musk&#8217;s WWII Comments: &#8216;No Normal Pole Should Buy&#8217;</a>
<h3 class="wp-block-heading">Tesla's Q4 Earnings Preview</h3>
Tesla has been riding high, with shares soaring about 51% over the past three months.
Tesla&#8217;s fourth-quarter revenues are expected to come at $27.13 billion, up from $25.17 billion in last year&#8217;s fourth quarter, and earnings per share at 74 cents, up from 71 cents, according to data&nbsp;<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent012825&amp;t=be2bearmibe3na1" target="_blank" rel="noreferrer noopener">from Benzinga Pro</a>.
At this point, it is important to recall that Tesla&#8217;s delivery numbers missed analyst expectations for the fourth quarter, with the company delivering 495,570 vehicles—just shy of <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/01/42777950/teslas-first-sales-drop-splits-wall-street-2025-will-be-the-prove-it-year">the 498,000 expected.</a>
The company&#8217;s delivery shortfall marked the first-ever year-over-year decline in its full-year vehicle deliveries.
The rollout of cheaper EV models and investments in AI projects further bolster Tesla's long-term prospects, even as the company faces increased competition and a challenging global market.
<a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/01/43289930/tesla-q4-earnings-preview-2025-delivery-growth-fsd-model-y-refresh-new-vehicles-among-key-topics">Tesla's upcoming results</a> are crucial not just for the company itself, but also for the ETFs heavily invested in its stock.
Read Next:
<ul>
<li> <a href="https://www.benzinga.com/etfs/broad-u-s-equity-etfs/25/01/43307113/2-etfs-that-help-investors-avoid-sanctioned-securities">2 ETFs That Help Investors Avoid Sanctioned Securities</a></li>
</ul>
Image created using artificial intelligence via Midjourney.

ARKQ

Tesla's Q4 Results Could Shake Up These 3 ETFs

On Wednesday, Amazon.com&nbsp;Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>)&nbsp;<a target="_blank" href="https://www.benzinga.com/topic/amazon" rel="noreferrer noopener">announced that it</a> was withdrawing its operations in Quebec, Canada, and losing about 1,700 full-time jobs.
The move will also affect approximately 250 seasonal workers. Amazon agreed to compensate for the loss with a package including up to 14 weeks&#8217; pay and job placement resources, Reuters cites Amazon spokesperson Barbara Agrait.
The American e-commerce giant&#8217;s move followed U.S. President Donald Trump&#8217;s threat to slap <a target="_blank" href="https://www.benzinga.com/25/01/43101141/chinese-stocks-rally-after-trump-skips-tariff-threats-boosting-market-optimism" rel="noreferrer noopener">25% tariffs on</a> imports from Canada and Mexico on February 1.
Also Read: <a target="_blank" href="https://www.benzinga.com/24/11/42216863/nvidia-intel-suppliers-rethink-mexico-operations-amid-trumps-tariff-threat" rel="noreferrer noopener">Nvidia, Intel Suppliers Rethink Mexico Operations Amid Trump&#8217;s Tariff Threat</a>
Amazon has seven sites in Quebec, including sorting centers and warehouses, most of which are in the Montreal area.
Over the next two months, Amazon will phase out operations across seven sites in the province, the only location in Canada with unionized Amazon employees. To save costs, it will return to a third-party delivery model.
According to a CTV news report, Amazon <a target="_blank" href="https://www.ctvnews.ca/montreal/article/amazon-is-ceasing-operations-in-quebec/" rel="noreferrer noopener">had lost the challenge</a> against workers to unionize in the labor tribunal in October.
In 2023, Amazon Web Services (AWS) launched <a target="_blank" href="https://www.benzinga.com/news/23/12/36321525/amazons-aws-unveils-major-expansion-in-canada-a-gateway-to-unprecedented-growth-and-opportunities" rel="noreferrer noopener">its second infrastructure</a> region in Canada, the AWS Canada West (Calgary) Region.&nbsp;
The Amazon cloud unit released an economic impact study projecting a $17.9 billion investment in Canada through 2037, surrounding the new Calgary region and the existing Quebec region, supporting over 9,300 full-time equivalent jobs annually.&nbsp;
Amazon stock surged 51% in the last 12 months. Investors can gain exposure to the stock through Vanguard Consumer Discretion ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VCR#NYSE">VCR</a>) and SPDR Select Sector Fund &#8211; Consumer Discretionary (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLY#NYSE">XLY</a>).
Price Action: AMZN stock traded lower by 0.32% to $234.25 premarket at the last check on Thursday.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/25/01/43139410/softbanks-role-in-500-billion-stargate-ai-venture-seen-as-major-growth-driver-analyst-says" target="_blank" rel="noreferrer noopener">SoftBank&#8217;s Role in $500 Billion Stargate AI Venture Seen as Major Growth Driver, Analyst Says</a></li>
</ul>
Image Via Shutterstock

Media

Amazon To Shut 7 Quebec Fulfillment Centers, Axe Around 2,000 Jobs

Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>)&nbsp;paused <a href="https://www.benzinga.com/topic/drones" target="_blank" rel="noreferrer noopener">commercial drone</a> delivery last Friday in Texas and Arizona to fix the aircraft&#8217;s software.
The suspension followed the crash of two of its latest models at a testing facility in rainy weather, Bloomberg <a target="_blank" href="https://www.bloomberg.com/news/articles/2025-01-17/amazon-pauses-drone-deliveries-after-aircraft-crashed-in-rain?sref=TBDibEcD" rel="noreferrer noopener">reports</a>.
Amazon and Walmart Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>) have <a target="_blank" href="https://www.benzinga.com/top-stories/24/06/39192891/amazon-vs-walmart-who-will-be-the-first-to-conquer-the-skies-with-drone-delivery" rel="noreferrer noopener">splurged billions to</a> develop drone delivery technology. Amazon created the technology in-house while Walmart collaborated with Zipline and Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google&#8217;s Wing.
Also Read: <a href="https://www.benzinga.com/tech/25/01/43008511/broadcoms-latest-san-switch-offers-scalable-energy-efficient-solution-for-growing-storage-demands" target="_blank" rel="noreferrer noopener">Broadcom&#8217;s Latest SAN Switch Offers Scalable, Energy-Efficient Solution for Growing Storage Demands</a>
Drone delivery services will likely become a&nbsp;$10 billion industry&nbsp;by the decade&#8217;s end.
Amazon&#8217;s drone operation <a target="_blank" href="https://www.benzinga.com/markets/equities/24/05/39093895/amazons-drone-program-to-expand-with-new-faa-clearance-whats-on-the-move" rel="noreferrer noopener">aims to deliver</a> 500 million packages annually by the decade&#8217;s end.
Eleven years ago, Amazon founder&nbsp;Jeff Bezos&nbsp;shared plans to build drones capable of delivering products to customers in less than half an hour.
In December, two MK30 drones crashed during flights at the airport in Pendleton, Oregon, which Amazon uses for testing.
The company later discovered a software issue that caused the accident.
The MK30 drones, cleared to commence operations by the Federal Aviation Administration in October, have delivered packages to customers&#8217; homes in College Station, Texas, and Tolleson, Arizona.
Amazon representative Sam Stephenson told Bloomberg that deliveries will resume after the FAA approval.
Stephenson emailed Bloomberg, stating Amazon&#8217;s drones continued to deliver safely and within federal guidelines between the December crashes and Friday&#8217;s halt.
In December, the company completed its <a href="https://www.benzinga.com/news/23/10/35323630/amazons-drone-delivery-service-to-extend-to-uk-and-italy" target="_blank" rel="noreferrer noopener">first test flight</a> in Italy and plans to expand its service this year. It is also targeting the start of deliveries in the U.K.
Goldman Sachs&#8217; Eric Sheridan <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/01/42899163/goldman-sachs-analyst-is-bullish-on-amazon-but-not-ebay-or-etsy" target="_blank" rel="noreferrer noopener">expressed optimism about</a> Amazon&#8217;s customer loyalty, backed by its subscription. The analyst flagged Amazon&#8217;s exposure to less discretionary categories (experiencing volatility in online spending from lower incomes) with high repeat behavior through subscriptions and essentials purchasing.
Amazon stock surged over 48% in the past 12 months. Investors can gain exposure to the stock through ProShares Online Retail ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ONLN#NYSE">ONLN</a>) and Vanguard Consumer Discretion ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VCR#NYSE">VCR</a>).
AMZN Price Action: Amazon stock is up 2.42% at $231.42 last check Tuesday.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/media/25/01/43004444/intel-plans-to-spin-off-5-billion-venture-capital-segment-will-remain-anchor-investor" target="_blank" rel="noreferrer noopener">Intel Plans To Spin Off $5 Billion Venture Capital Segment, Will Remain Anchor Investor</a></li>
</ul>
Photo: Shutterstock

Amazon Pauses Drone Deliveries In Texas, Arizona After Crashes, Plans Safety Upgrades

The year of milestones, 2024, has seen an unperturbed rise in the current bull market, which is nearly <a href="https://www.benzinga.com/24/12/42430296/carson-researchs-50-year-study-suggests-that-the-26-months-old-bull-market-is-far-from-over">26 months</a> old. It is higher by more than 70% from the mid-October 2022 lows. As we wrap up the year with the possibility of a &#8216;Santa Rally,&#8217; let&#8217;s recap 2024&#8217;s landmark junctures.
<h3 class="wp-block-heading">Major U.S. Benchmarks Scale Fresh Records</h3>
The S&amp;P 500 Index has made 57 new all-time highs this year, hitting the last one on Dec. 6, 2024. Also, &#8220;2024 would go down as the best election year return ever,&#8221; said Ryan Detrick, the chief market strategist at Carson Research in a note.
&#8220;Going back 50 years, we found five other bull markets that had lasted at least this long and the shortest any of them lasted was five total years. Think of it like a cruise ship — once it gets moving, it can be quite hard to stop,&#8221; added Detrick
While the S&amp;P 500 index was up 25.96% on a year-to-date basis as of Dec. 23 close, the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) rose by 25.82% in the same period.
The Dow Jones Industrial Average index, on the other hand, hit a record eight 1,000-point milestones this year. It started the year around the 37,000 level and breached the 45,000 level at the beginning of December. It took only seven trading days for the index to go from 44,000 to 45,000, the second fastest 1,000-point milestone ever. Following that the index also saw one of its longest 10-day losing streak, the first ever since 1974.
Dow was up 13.77% year-to-date as of the Dec. 23 close, whereas the SPDR Dow Jones Industrial Average ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) gained 13.74% in the same period.
The Nasdaq 100 index which includes all the &#8216;magnificent seven&#8217; stocks, unlike Dow, rose 29.98% year-to-date as Dec. 23 close. The ETF tracking the index, Fidelity NASDAQ Composite Index ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ONEQ#NASDAQ">ONEQ</a>) rose by 33.85% in the same period. Whereas, the Invesco QQQ Trust, Series 1 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) rose by 29.88% in 2024.
The smallcap index Russell 2000 was up 11.16% over the year, while iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) was up 10.97% in the same period as of the Dec. 23 close.
<figure class="wp-block-image size-large"><a href="https://pro.benzinga.com/dashboard"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24021350/CHARt-1-INDICES-1024x576.png" alt="" class="wp-image-705432" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24021350/CHARt-1-INDICES-1024x576.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24021350/CHARt-1-INDICES-300x169.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24021350/CHARt-1-INDICES-768x432.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24021350/CHARt-1-INDICES-1536x864.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24021350/CHARt-1-INDICES.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
See Also: <a href="https://www.benzinga.com/24/12/42430296/carson-researchs-50-year-study-suggests-that-the-26-months-old-bull-market-is-far-from-over">Is The 26-Month Bull Market Over? Here Is What Carson Research&#8217;s 50-Year Old Study Tells Us</a>
<h3 class="wp-block-heading">U.S. Market Trumps The World</h3>
Among the developed economies, the S&amp;P 500 remains the best index with a 25.96% gain on a year-to-date basis, outperforming all the other developed market indices.
While the <a href="https://x.com/RyanDetrick/status/1871317802306707882">first </a>year of a new president&#8217;s term has usually been strong since 1897, the returns during year one of a second term haven&#8217;t been very good overall, said Detrick.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Returns during year one of a second term haven&#39;t been very good overall, but way better lately. Down 5 in a row, but now up 4 in a row. &#x1f914; <a href="https://t.co/aUrCbf22Gw">pic.twitter.com/aUrCbf22Gw</a>
&mdash; Ryan Detrick, CMT (@RyanDetrick) <a href="https://twitter.com/RyanDetrick/status/1871320275129967103?ref_src=twsrc%5Etfw">December 23, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Developed Markets</td>
<td>Indices</td>
<td>YTD Performance</td>
</tr>
<tr>
<td>United States</td>
<td>S&amp;P 500</td>
<td>25.96%</td>
</tr>
<tr>
<td>Germany</td>
<td>DAX</td>
<td>18.36%</td>
</tr>
<tr>
<td>Japan</td>
<td>Nikkei 225</td>
<td>17.27%</td>
</tr>
<tr>
<td>Hong Kong</td>
<td>Hang Seng</td>
<td>19.71%</td>
</tr>
<tr>
<td>Spain</td>
<td>IBEX 35</td>
<td>12.31%</td>
</tr>
<tr>
<td>United Kingdom</td>
<td>FTSE 100</td>
<td>4.94%</td>
</tr>
<tr>
<td>Switzerland</td>
<td>Swiss Market</td>
<td>2.85%</td>
</tr>
<tr>
<td>France</td>
<td>CAC 40</td>
<td>-3.43%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">(As Of Dec. 23 Close)</figcaption></figure>
<h3 class="wp-block-heading">Communication, Consumer Discretionary, And Technology Lead Gains In 2024</h3>
Tracking the exchange-traded funds that track the major sectors in the U.S. market, communication services emerged as the top sector for the year, followed by consumer discretionary and technology. The information technology sector has the highest weight of 31.3% in the S&amp;P 500, followed by financials a t13.9%.
BlackRock said that they see technology companies&#8217; earnings performing well in 2025. &#8220;We are overweight as the AI theme and earnings growth broaden. Valuations for AI beneficiaries are supported by tech companies delivering on earnings.&#8221;
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Cyclical Sectors</td>
<td>ETFs</td>
<td>YTD Performance</td>
</tr>
<tr>
<td>Communication Services</td>
<td>Communication Services Select SPDR ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLC#NYSE">XLC</a>)</td>
<td>35.97%</td>
</tr>
<tr>
<td>Consumer Discretionary</td>
<td>Vanguard Consumer Discretionary ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VCR#NYSE">VCR</a>)</td>
<td>27.21%</td>
</tr>
<tr>
<td>Technology</td>
<td>Technology Select Sector SPDR ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLK#NYSE">XLK</a>)</td>
<td>27.01%</td>
</tr>
<tr>
<td>Financials</td>
<td>Invesco S&amp;P 500 Equal Weight Financial ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RSPF#NYSE">RSPF</a>)</td>
<td>23.48%</td>
</tr>
<tr>
<td>Industrials</td>
<td>Vanguard Industrials ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VIS#NYSE">VIS</a>)</td>
<td>17.80%</td>
</tr>
<tr>
<td>Real Estate</td>
<td>Real Estate Select Sector SPDR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLRE#NYSE">XLRE</a>)</td>
<td>0.27%</td>
</tr>
<tr>
<td>Materials</td>
<td>Materials Select Sector SPDR Fund (ARC: XLB)</td>
<td>-0.37%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">(As Of Dec. 23 Close)</figcaption></figure>
<figure class="wp-block-image size-large"><a href="https://pro.benzinga.com/dashboard"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24021831/Chart-2.1-cyclical-sectors-1024x576.png" alt="" class="wp-image-705439" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24021831/Chart-2.1-cyclical-sectors-1024x576.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24021831/Chart-2.1-cyclical-sectors-300x169.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24021831/Chart-2.1-cyclical-sectors-768x432.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24021831/Chart-2.1-cyclical-sectors-1536x864.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24021831/Chart-2.1-cyclical-sectors.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
See Also: <a href="https://www.benzinga.com/markets/equities/24/11/42383725/trump-administrations-deregulation-efforts-to-lift-energy-oil-and-gas-sectors-ai-frenzy-to-aid-faang-stocks-and-nvidia-says-fintech-insider">Trump&#8217;s Deregulation Efforts To Benefit Energy, Oil And Gas Sectors, While AI Frenzy Will Boost FAANG Stocks And Nvidia, Says Fintech Insider</a>
Among the defensive sectors, utilities emerged as a winner, whereas energy was an underperformer. Consumer staples, energy, and utilities take up 5.7%, 3.4%, and 2.5% weight, respectively in the S&amp;P 500 index.
As per Morgan Stanley, the energy sector faces a divided future. Trump's deregulation could benefit traditional energy, but the outlook for oil is uncertain due to potential oversupply and weak global demand, especially from China. In contrast, natural gas may see growth from strong European demand and increased domestic use for electrification and AI-powered data centers. The clean energy sector could face challenges, if Trump rollbacks Biden's 2022 Inflation Reduction Act tax credits. However, a full repeal seems unlikely due to the benefits for Republican states.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Defensive Sectors</td>
<td>ETFs</td>
<td>YTD Performance</td>
</tr>
<tr>
<td>Utilities</td>
<td>Vanguard Utilities ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VPU#NYSE">VPU</a>)</td>
<td>18.23%</td>
</tr>
<tr>
<td>Consumer Staples</td>
<td>Vanguard Consumer Staples ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VDC#NYSE">VDC</a>)</td>
<td>10.04%</td>
</tr>
<tr>
<td>Healthcare</td>
<td>Vanguard Health Care ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VHT#NYSE">VHT</a>)</td>
<td>0.63%</td>
</tr>
<tr>
<td>Energy</td>
<td>The Energy Select Sector SPDR ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLE#NYSE">XLE</a>)</td>
<td>-0.96%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">(As Of Dec. 23 Close)</figcaption></figure>
<figure class="wp-block-image size-large"><a href="https://pro.benzinga.com/dashboard"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24022041/Chart-2.2-defensive-sectors-1024x576.png" alt="" class="wp-image-705442" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24022041/Chart-2.2-defensive-sectors-1024x576.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24022041/Chart-2.2-defensive-sectors-300x169.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24022041/Chart-2.2-defensive-sectors-768x432.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24022041/Chart-2.2-defensive-sectors-1536x864.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24022041/Chart-2.2-defensive-sectors.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
<h3 class="wp-block-heading">Top S&amp;P 500 Performers In 2024</h3>
Palantir was the top performer within the S&amp;P 500 index this year, as it zoomed 386.67% year-to-date, as of Dec. 23 close. Vistra and Nvidia followed Palantir to advance 269.82% and 189.95% in the same period.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>S&amp;P 500 Stocks</td>
<td>YTD Performance</td>
</tr>
<tr>
<td>Palantir Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>)</td>
<td>386.67%</td>
</tr>
<tr>
<td>Vistra Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VST#NYSE">VST</a>)</td>
<td>269.82%</td>
</tr>
<tr>
<td>NVIDIA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)</td>
<td>189.95%</td>
</tr>
<tr>
<td>GE Vernova Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEV#NYSE">GEV</a>)</td>
<td>162.80%</td>
</tr>
<tr>
<td>Axon Enterprise Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AXON#NASDAQ">AXON</a>)</td>
<td>148.04%</td>
</tr>
<tr>
<td>United Airlines Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>)</td>
<td>144.30%</td>
</tr>
<tr>
<td>Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>)</td>
<td>114.07%</td>
</tr>
<tr>
<td>Texas Pacific Land Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPL#NYSE">TPL</a>)</td>
<td>113.03%</td>
</tr>
<tr>
<td>Targa Resources Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRGP#NYSE">TRGP</a>)</td>
<td>106.40%</td>
</tr>
<tr>
<td>Howmet Aerospace Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HWM#NYSE">HWM</a>)</td>
<td>105.73%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">(As Of Dec. 23 Close)</figcaption></figure>
<figure class="wp-block-image size-large"><a href="https://pro.benzinga.com/dashboard"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24022228/Chart-3-top-performers-of-SPY-1024x576.png" alt="" class="wp-image-705446" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24022228/Chart-3-top-performers-of-SPY-1024x576.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24022228/Chart-3-top-performers-of-SPY-300x169.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24022228/Chart-3-top-performers-of-SPY-768x432.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24022228/Chart-3-top-performers-of-SPY-1536x864.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24022228/Chart-3-top-performers-of-SPY.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
<h3 class="wp-block-heading">U.S. Dollar Surges Over 6% In 2024</h3>
The Dollar index was up 6.72% year-to-date with a 52-week range of 100.1570 to 108.5410 per unit. If the Greenback can hold on to these gains, the currency would leave behind the second-best year since 2015.
The UDS&#8217;s demand has been rising due to the &#8220;Uncertainties arising from expected Trump's policies and hawkish comments from the Fed towards rate cycle,&#8221; said Kunal Sodhani, vice president of the global trading center at Shinhan Bank.
According to Franklin Templeton, &#8220;The Fed easing cycle will be a dominant factor for the USD. The two main comparisons we draw against the Fed cyclically, interest-rate-wise, are emerging markets, and Japan.&#8221;
WisdomTree Bloomberg US Dollar Bullish Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USDU#NYSE">USDU</a>) was up 13.24% on a year-to-date basis, as of Dec. 23 close, where as Invesco DB US Dollar Index Bullish Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UUP#NYSE">UUP</a>) advanced by 7.21% in the same period.
<figure class="wp-block-image size-large"><a href="https://pro.benzinga.com/dashboard"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24022447/Chart-4-Dollar-ETFs-1024x576.png" alt="" class="wp-image-705448" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24022447/Chart-4-Dollar-ETFs-1024x576.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24022447/Chart-4-Dollar-ETFs-300x169.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24022447/Chart-4-Dollar-ETFs-768x432.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24022447/Chart-4-Dollar-ETFs-1536x864.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24022447/Chart-4-Dollar-ETFs.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
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</ul>
Photo courtesy: Shutterstock

S&P 500 Hits 57 All-Time Highs In Record-Breaking 2024: Magnificent 7 Drive 30% Of Nasdaq's Surge

Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) has raised the <a href="https://www.benzinga.com/markets/equities/24/09/40912814/amazon-told-its-staff-they-must-come-to-office-five-days-a-week-but-its-primary-healthcare-subsi">pay for hourly workers</a> at its U.S. fulfillment centers and transportation operations, the retail giant announced on Wednesday.
&#8220;Earlier today,&nbsp;I visited one of our sites near Salt Lake City to share some news with our teammates there—that we're making a significant new investment in pay and benefits for the hourly front-line employees across our fulfillment and transportation network,&#8221; Udit Madan, vice president of Amazon Worldwide Operations, wrote in the company&#8217;s newsletter.
He said Amazon&#8217;s front-line team will receive an hourly pay raise of $1.50 starting this month to bring the average base wage to $22 per hour. This will bring average total compensation, which includes benefits, to $29 per hour, he said.
&#8220;This is an increase of $3,000 a year on average for full-time employees who work a 40-hour week,&#8221; he wrote.
Read Also: <a href="https://www.benzinga.com/news/large-cap/24/09/40904271/whats-going-on-with-amazon-stock">What&#8217;s Going On With Amazon Stock?</a>
&#8220;And as one of the largest private employers in the country (we now have more than 800,000 people in these roles across the U.S.), this pay increase equals a total investment of more than $2.2 billion in our team.&#8221;
Amazon&#8217;s benefits include pre-paid college tuition, flexible working hours, a Prime membership, health insurance from the first day on the job and dental coverage.
&#8220;As I told the team this morning, this is just one way to say thank you for all they do,&#8221; Madan wrote.
Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), Microsoft Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NYSE">MSFT</a>) and Google, which is owned by Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) offer <a href="https://www.benzinga.com/news/23/06/32679188/silicon-valleys-salary-showdown-unveiling-how-much-top-talent-at-apple-microsoft-and-google-get-paid-1">six-figure salaries</a> for managers and engineers.
Just over a year ago, the United Parcel Service, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UPS#NYSE">UPS</a>) and the Teamsters Union ratified a <a href="https://www.benzinga.com/news/large-cap/23/08/33995076/ups-and-teamsters-seal-the-deal-ensures-170-000-per-year-for-drivers-the-next-5-years">five-year contract</a> that ensures $170,000 per year for drivers over the next five years.
Price Action: Amazon gained 0.1% to $187.11 at the time of publication Wednesday.
Exchange-traded funds that hold the stock also trended upward.
<ul>
<li>ProShares Online Retail ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ONLN#NYSE">ONLN</a>) gained 1.32%.</li>
<li>Fidelity MSCI Consumer Discretionary Index ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDIS#NYSE">FDIS</a>) rose 0.72%.</li>
<li>Vanguard Consumer Discretionary ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VCR#NYSE">VCR</a>) went up 0.81%.</li>
<li>Consumer Discretionary Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLY#NYSE">XLY</a>) gained 0.67%.</li>
<li>ProShares Long Online/Short Stores ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLIX#NYSE">CLIX</a>) ticked up 0.68%.</li>
</ul>
Read Next:
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<li><a href="https://www.benzinga.com/top-stories/24/09/40887347/amazon-to-cut-management-layers-end-work-from-home">Amazon To Cut Management Layers, End Work From Home</a></li>
</ul>
Photo: Shutterstock

Amazon Joins UPS In Raising Hourly Pay As Worker Compensation Trends Upward

Launched on 10/21/2013, the Fidelity MSCI Consumer Discretionary Index ETF (ARCA:FDIS) is a passively managed exchange traded fund designed to provide a broad exposure to the Consumer Discretionary - Broad segment of the equity market.
An increasingly popular option among retail and institutional investors, passively managed ETFs offer low costs, transparency, flexibility, and tax efficiency; they are also excellent vehicles for long term investors.
Additionally, sector ETFs offer convenient ways to gain low risk and diversified exposure to a broad group of companies in particular sectors. Consumer Discretionary - Broad is one of the 16 broad Zacks sectors within the Zacks Industry classification. It is currently ranked 11, placing it in bottom 31%.
<h2>Index Details</h2>
The fund is sponsored by Fidelity. It has amassed assets over $1.70 billion, making it one of the largest ETFs attempting to match the performance of the Consumer Discretionary - Broad segment of the equity market. FDIS seeks to match the performance of the MSCI USA IMI Consumer Discretionary Index before fees and expenses.
The MSCI USA IMI Consumer Discretionary Index represents the performance of the consumer discretionary sector in the U.S. equity market.
<h2>Costs</h2>
Cost is an important factor in selecting the right ETF, and cheaper funds can significantly outperform their more expensive counterparts if all other fundamentals are the same.
Annual operating expenses for this ETF are 0.08%, making it the least expensive product in the space.
It has a 12-month trailing dividend yield of 0.58%.
<h2>Sector Exposure and Top Holdings</h2>
ETFs offer a diversified exposure and thus minimize single stock risk but it is still important to delve into a fund&#39;s holdings before investing. Most ETFs are very transparent products and many disclose their holdings on a daily basis.
This ETF has heaviest allocation in the Consumer Discretionary sector--about 100% of the portfolio.
Looking at individual holdings, Amazon.com Inc accounts for about 20.67% of total assets, followed by Tesla Inc and Home Depot Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hd#NYSE">HD</a>).
The top 10 holdings account for about 55.60% of total assets under management.
<h2>Performance and Risk</h2>
The ETF return is roughly 8.30% so far this year and it&#39;s up approximately 15.69% in the last one year (as of 09/17/2024). In that past 52-week period, it has traded between $64.24 and $86.11.
The ETF has a beta of 1.28 and standard deviation of 25.14% for the trailing three-year period, making it a medium risk choice in the space. With about 275 holdings, it effectively diversifies company-specific risk.
<h2>Alternatives</h2>
Fidelity MSCI Consumer Discretionary Index ETF carries a Zacks ETF Rank of 3 (Hold), which is based on expected asset class return, expense ratio, and momentum, among other factors. Thus, FDIS is a sufficient option for those seeking exposure to the Consumer Discretionary ETFs area of the market. Investors might also want to consider some other ETF options in the space.
Vanguard Consumer Discretionary ETF (ARCA:VCR) tracks MSCI US Investable Market Consumer Discretionary 25/50 Index and the Consumer Discretionary Select Sector SPDR ETF (ARCA:XLY) tracks Consumer Discretionary Select Sector Index. Vanguard Consumer Discretionary ETF has $5.67 billion in assets, Consumer Discretionary Select Sector SPDR ETF has $18.49 billion. VCR has an expense ratio of 0.10% and XLY charges 0.09%.
<a href="https://www.zacks.com/stock/news/2336918/should-you-invest-in-the-fidelity-msci-consumer-discretionary-index-etf-fdis?cid=CS-BENZ-FT-sector_etf-2336918">To read this article on Zacks.com click here.</a>

Dividends

Should You Invest in the Fidelity MSCI Consumer Discretionary Index ETF?

Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) CEO Andy Jassy&nbsp;is <a href="https://finance.yahoo.com/news/amazon-ceo-andy-jassy-says-213018283.html?fr=yhssrp_catchall">slashing management layers </a>and making employees to return to the office five days a week beginning in January at the world's largest online retailer and cloud-computing company founded by billionaire Jeff Bezos.
The changes, sent in a memo to employees on Monday, would address what company veterans see as unnecessary meetings and layers of approvals just to get things done, Bloomberg <a href="https://www.bloomberg.com/news/articles/2024-09-16/amazon-ceo-wants-workers-in-five-days-a-week-leaner-management?srnd=homepage-americas&amp;sref=TBDibEcD">reported</a>.
Each major entity within Amazon must increase the ratio of individual contributors to managers by 15% by the end of March 2025, Jassy said. Changes also include a bureaucracy tipline for employees to raise concerns about unnecessary processes.
Since the pandemic ended, Amazon had required workers to badge in at least three days a week, depending on their team needs. Amazon's new return to office policy will make exceptions for extenuating circumstances or previously approved remote jobs, Jassy said.
Read Also: <a href="https://www.benzinga.com/news/24/09/40877089/jeff-bezos-and-elon-musk-set-to-battle-for-dominance-in-the-sky-amazon-gears-up-to-launch-over-3-000">Jeff Bezos And Elon Musk Set To Battle For Dominance In The Sky: Amazon Gears Up To Launch Over 3,000 Low-Earth Orbit Satellites</a>
Most of Amazon's roughly 1.5 million employees worldwide are hourly employees who retrieve items and ship packages, people for whom remote work was never an option, but the company employs hundreds of thousands of office workers.
The changes may boost downtown foot traffic in cities where Amazon operates, such as Seattle; Bellevue, Washington; Arlington, Virginia; San Francisco; Austin, Texas; Boston; and Nashville, Tennessee.
The company has already tried to get workers back in the office, an effort that workers resisted by arguing the company was inflexible and failed to show data that working in person created better outcomes.
Exchange-traded funds that hold the stock also went down.
<ul>
<li>ProShares Online Retail ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ONLN#NYSE">ONLN</a>) declined 0.24%.</li>
<li>Fidelity MSCI Consumer Discretionary Index ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDIS#NYSE">FDIS</a>) fell 1.33%.</li>
<li>Vanguard Consumer Discretionary Index Fund ETF Shares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VCR#NYSE">VCR</a>) slipped 0.16%.</li>
</ul>
Price Action: Amazon slipped 0.86% to close at $184.89 on Monday.
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Photo: Shutterstock

Amazon To Cut Management Layers, End Work From Home

Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) may be regarded by consumers primarily as <a href="https://www.benzinga.com/news/24/09/40751108/whats-going-on-with-amazon-stock-friday">an e-commerce company</a>, given its blue delivery trucks are constantly dropping off packages at people&#8217;s doorsteps, but an analyst begs to differ.
&#8220;Our view is that eCommerce does NOT drive AMZN&#8217;s share price,&#8221; Needham analyst Laura Martin wrote in a note Thursday.
 &#8220;We believe AMZN is a Services company (ie, Advertising, Cloud, Prime Video, etc), NOT a products company, and eCommerce is all about products. Every quarter, we calculate a sum-of-the-parts valuation, and in most quarters we conclude that investors are paying almost nothing for AMZN&#8217;s eCommerce.&#8221;
She noted Amazon&#8217;s net revenue for this year&#8217;s second quarter grew 15% year-over-year to $86.4 billion, accounting for 58% of the company&#8217;s revenue of $148 billion in a three-month period and growing four timers faster than product sales revenue.
She said that quarterly product sales have stagnated at around $61 billion for every quarter since the first quarter of 2021, excluding the fourth quarter of every year.
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&#8220;AMZN&#8217;s services revs have been higher than its product sales for the past 11 quarters, and the gap is widening,&#8221; Martin wrote.
&#8220;We believe that eCommerce is where AMZN came from, but high margin businesses such as Advertising, Cloud, GenAI and other Services are where AMZN is going,&#8221; she added.
Martin pointed out that Amazon&#8217;s eCommerce business is very adaptable to meeting customer needs and is committed to constantly shortening delivery speeds with its &#8220;enormous&#8221; logistics network, but the company realizes significant costs in maintaining same-day delivery.
She attributed the higher costs to fewer items getting sent in a single box, running empty delivery trucks and requiring more gas and trips to pull off the same-day delivery.
&#8220;We believe the financials support the view that AMZN uses its eCommerce business as a loss-leader,&#8221; she said.
&#8220;This notion was supported by several experts who mentioned that AMZN&#8217;s retail strategy has historically centered around maintaining low margins for both 1P and 3P eCommerce business, and then adding higher-margin revenue streams such as Prime subscriptions and advertising, in order to improve profit margins.&#8221;
AMZN Price Action: Amazon gained 0.18% to $184.86 Thursday at publication.
Exchange traded funds that hold the stock mostly trended upwards on Thursday.
<ul>
<li>ProShares Online Retail ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ONLN#NYSE">ONLN</a>) rose 0.12%</li>
<li>Fidelity MSCI Consumer Discretionary Index ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDIS#NYSE">FDIS</a>) went up 0.16%</li>
<li>Vanguard Consumer Discretionary ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VCR#NYSE">VCR</a>) gained 0.28%</li>
<li>Consumer Discretionary Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLY#NYSE">XLY</a>) edged up 0.24%</li>
<li>ProShares Long Online/Short Stores ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLIX#NYSE">CLIX</a>) slipped 0.38%</li>
</ul>
Read Now:
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<li><a href="https://www.benzinga.com/24/01/36488214/jeff-bezos-encouraged-his-brother-and-sister-to-invest-10-000-in-amazon-their-stake-grew-10-249-900">Jeff Bezos Encouraged His Brother And Sister To Invest $10,000 In Amazon — Their Stake Grew 10,249,900% And Now Potentially Is Worth Over $1 Billion</a></li>
</ul>
Photo: Shutterstock

Retail Sales

Amazon E-Commerce Is A 'Loss-Leader' … Its Real Money Is In 'Services,' Says Analyst

Launched on 06/12/2000, the iShares U.S. Consumer Discretionary ETF (ARCA:IYC) is a passively managed exchange traded fund designed to provide a broad exposure to the Consumer Discretionary - Broad segment of the equity market.
Passively managed ETFs are becoming increasingly popular with institutional as well as retail investors due to their low cost, transparency, flexibility and tax efficiency. They are excellent vehicles for long term investors.
Additionally, sector ETFs offer convenient ways to gain low risk and diversified exposure to a broad group of companies in particular sectors. Consumer Discretionary - Broad is one of the 16 broad Zacks sectors within the Zacks Industry classification. It is currently ranked 11, placing it in bottom 31%.
<h2>Index Details</h2>
The fund is sponsored by Blackrock (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/blk#NYSE">BLK</a>). It has amassed assets over $1.06 billion, making it one of the larger ETFs attempting to match the performance of the Consumer Discretionary - Broad segment of the equity market. IYC seeks to match the performance of the Dow Jones U.S. Consumer Services Index before fees and expenses.
The Russell 1000 Consumer Disc 40 Act 15/22.5 Daily Capped Index measures the performance of the consumer services sector of the U.S. equity market.
<h2>Costs</h2>
Cost is an important factor in selecting the right ETF, and cheaper funds can significantly outperform their more expensive counterparts if all other fundamentals are the same.
Annual operating expenses for this ETF are 0.40%, making it one of the cheaper products in the space.
It has a 12-month trailing dividend yield of 0.62%.
<h2>Sector Exposure and Top Holdings</h2>
It is important to delve into an ETF&#39;s holdings before investing despite the many upsides to these kinds of funds like diversified exposure, which minimizes single stock risk. And, most ETFs are very transparent products that disclose their holdings on a daily basis.
This ETF has heaviest allocation in the Consumer Discretionary sector--about 68.90% of the portfolio. Telecom and Consumer Staples round out the top three.
Looking at individual holdings, Amazon Com Inc accounts for about 13.24% of total assets, followed by Tesla Inc and Home Depot Inc.
The top 10 holdings account for about 50.07% of total assets under management.
<h2>Performance and Risk</h2>
So far this year, IYC has gained about 9.43%, and was up about 20.46% in the last one year (as of 08/29/2024). During this past 52-week period, the fund has traded between $63.10 and $84.94.
The ETF has a beta of 1.16 and standard deviation of 22.22% for the trailing three-year period, making it a medium risk choice in the space. With about 182 holdings, it effectively diversifies company-specific risk.
<h2>Alternatives</h2>
IShares U.S. Consumer Discretionary ETF carries a Zacks ETF Rank of 3 (Hold), which is based on expected asset class return, expense ratio, and momentum, among other factors. Thus, IYC is a reasonable option for those seeking exposure to the Consumer Discretionary ETFs area of the market. Investors might also want to consider some other ETF options in the space.
Vanguard Consumer Discretionary ETF (ARCA:VCR) tracks MSCI US Investable Market Consumer Discretionary 25/50 Index and the Consumer Discretionary Select Sector SPDR ETF (ARCA:XLY) tracks Consumer Discretionary Select Sector Index. Vanguard Consumer Discretionary ETF has $5.55 billion in assets, Consumer Discretionary Select Sector SPDR ETF has $18.51 billion. VCR has an expense ratio of 0.10% and XLY charges 0.09%.
<a href="https://www.zacks.com/stock/news/2328673/should-you-invest-in-the-ishares-u-s-consumer-discretionary-etf-iyc?cid=CS-BENZ-FT-sector_etf-2328673">To read this article on Zacks.com click here.</a>

Mid Cap

iShares Trust Dow Jones USnsumer Services Sector Index Fund

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

Amazon.com, Inc.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) Amazon Web Services (AWS) plans to <a href="https://www.benzinga.com/pressreleases/24/08/b40497938/aws-launches-infrastructure-region-in-malaysia">invest</a> $6.2 billion (about MYR 29.2 billion) in <a href="https://www.benzinga.com/topic/malaysia">Malaysia through 2038</a>.
The new AWS Region in Malaysia is expected to contribute around $12.1 billion (MYR 57.3 billion) to the country&#8217;s GDP and support over 3,500 full-time equivalent jobs annually through 2038.
Notable AWS customers in Malaysia include Bursa Malaysia, CelcomDigi, GX Bank Berhad, PayNet, Petroliam Nasional Berhad, the Department of Broadcasting Malaysia and Tenaga Nasional Berhad.
Also Read:&nbsp;<a target="_blank" href="https://www.benzinga.com/markets/equities/24/05/38783794/amazon-pours-1-3b-investment-into-french-operations-report" rel="noreferrer noopener">Amazon Pours ~$1.3B Investment Into French Operations: Report</a>
&#8220;The new AWS Region in Malaysia enables organizations across Asia Pacific to unlock the full potential of the world&#8217;s most extensive and reliable cloud, helping customers deploy advanced applications with a broad set of AWS technologies like AI and ML,&#8221; Prasad Kalyanaraman, vice president of Infrastructure Services at AWS, said. 
Tengku Zafrul, Malaysia&#8217;s Minister of Investment Trade &amp; Industry (MITI), called it &#8220;a significant step&#8221; toward building a sustainable economy and ensuring Malaysia &#8220;remains competitive on the global stage.&#8221;
Bursa Malaysia, the country&#8217;s national exchange, has launched the Centralized Sustainability Intelligence (CSI) platform on AWS to aid Malaysia&#8217;s shift towards a lower carbon economy.
Datuk Muhamad Umar Swift, CEO at Bursa Malaysia, said the collaboration with AWS gives Malaysian companies and their suppliers &#8220;an impetus to standardize ESG reporting and decarbonize their supply chain.&#8221; 
This year, AWS has been on an expansion spree. In May, AWS planned to invest billions in both the AWS European Sovereign <a href="https://www.benzinga.com/markets/equities/24/05/38843214/amazon-aws-to-pump-7-8b-into-german-cloud-expansion-details" target="_blank" rel="noreferrer noopener">Cloud in Germany through 2040</a> and <a href="https://www.benzinga.com/markets/asia/24/06/39284404/amazon-to-invest-billions-in-taiwan-cloud-infrastructure-expanding-aws-presence-in-asia" target="_blank" rel="noreferrer noopener">in Taiwan over the next 15 years</a>.
AWS had earlier disclosed plan to spend $9 billion on expanding its cloud services in Singapore and a $15 billion investment in Japan to build cloud capacity.
Investors can gain exposure to the stock via&nbsp;ProShares Online Retail ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ONLN#NYSE">ONLN</a>) and Vanguard Consumer Discretion ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VCR#NYSE">VCR</a>).
Price Action: AMZN shares are up 0.39% at $180.82 premarket at the last check Wednesday.
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<li><a href="https://www.benzinga.com/m-a/24/08/40495264/jeff-bezos-has-no-plans-to-buy-nbas-boston-celtics-could-nfl-team-ownership-still-be-in-the-cards" target="_blank" rel="noreferrer noopener">Jeff Bezos &#8216;Has No Plans&#8217; To Buy NBA&#8217;s Boston Celtics, Could NFL Team Ownership Still Be In The Cards?</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Amazon Web Services Commits Over $6B To Malaysia With New Cloud Region

As the <a href="https://www.benzinga.com/earnings">earnings season</a> unfolds, more businesses are sharing perspectives on consumer trends. 
According to a Bloomberg <a href="https://www.bloomberg.com/opinion/articles/2024-07-16/us-consumer-health-is-fine-shoppers-are-just-getting-pickier?sref=TBDibEcD">analysis</a>, retailers are frustrated over the lack of spending on the part of shoppers. And yet, retail sales soared by 1%<a href="https://www.benzinga.com/economics/macro-economic-events/24/08/40393687/retail-sales-soar-in-july-weekly-jobless-claims-undercut-expectations-traders-lea"> month-over-month in July</a>.
The sharp rebound from stagnation in June surprised economists who expected an uptick of just 0.3%. The data also threw off analysts who expected consumers to pull back on spending <a href="https://www.benzinga.com/topic/inflation">due to stubborn inflation</a>.
Turns out, consumers are spending &#8212; they&#8217;re just picky <a href="https://www.benzinga.com/topic/retail">about where they shop</a>. 
For example, spending intentions for leisure and housing are on the rise, according <a href="https://www2.deloitte.com/us/en/insights/economy/consumer-pulse/state-of-the-us-consumer.html">to</a> Deloitte. Sectors like clothing, however, are experiencing low intention levels compared to 2021.
"Consumer spending has been muted this year due to volatile goods spending, with overall spending going up by only 0.3% since year-end 2023," said the report.
The University of Michigan&#8217;s monthly consumer sentiment index proclaimed <a href="https://www.benzinga.com/markets/equities/24/07/39750466/us-consumer-morale-dips-more-than-expected-in-july-sentiment-remains-stubbornly-subdued">July as the worst month</a> for consumers since November 2023. However,<a href="https://www.benzinga.com/news/econ-s/24/08/40419637/us-consumer-confidence-rebounds-in-august-expectations-are-subject-to-change-as-presidential-campaig"> sentiment picked up in August</a>.

<h2 class="wp-block-heading">What Companies Are Saying </h2>
Home Depot Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HD#NYSE">HD</a>) felt the sting of <a href="https://www.benzinga.com/24/08/40381559/home-depot-ceo-says-inflation-keeps-eating-away-at-disposable-income-are-home-repairs-being-put-off">homeowners holding off on renovations until interest rates come down</a>. The company&#8217;s second-quarter comparable sales decreased 3.3%, with U.S. comparable sales down 3.6%, <a href="https://www.benzinga.com/news/earnings/24/08/40334855/home-depot-q2-earnings-customer-transactions-decline-cites-weaker-home-improvement-spending-but-rai">reflecting weaker consumer demand</a>.
Macy&#8217;s Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/M#NYSE">M</a>) also saw consumers turning away from more expensive items. Second-quarter sales hovered at around $4.94 billion — down 3.8% year over year.
Macy&#8217;s CEO Tony Spring <a href="https://www.cnbc.com/2024/08/21/macys-m-q2-2024-earnings.html">told</a> CNBC that "a softness, a carefulness, a delay in the conversion of purchasing&#8221; are to blame.
&#8220;Even the affluent consumer is not spending like they were a year ago,&#8221; he added.
Macy&#8217;s released mixed second-quarter results that <a href="https://www.benzinga.com//node/40484046">missed analyst consensus and forced it to lower its guidance</a>. 
Other retailers had better luck. 
TJX Companies Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TJX#NYSE">TJX</a>) shares jumped by over 6% on Wednesday. The company, which owns TJ Maxx, Marshalls, HomeGoods and Sierra, among other brands, <a href="https://www.benzinga.com/news/earnings/24/08/40484279/tjx-companies-q2-earnings-strong-sales-higher-margins-invests-in-dubais-brands-for-less">posted a 4% increase in store sales</a>. 
The jump in sales was driven entirely by a net rise in customer transactions, said the company, which was surprised by the results and raised its guidance for next year. 
A sales uptick for TJX might mean consumers are choosing to direct their discretionary spending toward discount prices found in stores like TJ Maxx and Marshalls.
An earnings report from Ross Stores Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROST#NASDAQ">ROST</a>), scheduled for Thursday, might confirm the trend. Analysts from Zachs expect the company to post revenues of $5.25 billion, representing a year-over-year increase of 6.3%.
Strong quarterly results from Walmart Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>) took shares 9% higher after the company's <a href="https://www.benzinga.com/news/earnings/24/08/40391777/walmart-q2-earnings-e-commerce-and-advertising-businesses-fuel-revenue-and-profit-beat-hikes-annual">earnings results were posted Thursday</a>. 
Sales for the quarter totaled $169.34 billion, up 4.8% year-over-year, beating expectations and pushing the company to raise its guidance.
"So far, we aren&#8217;t experiencing a weaker consumer overall," said CEO C. Douglas McMillon. The retail exec also reported a deflationary trend in its U.S. store prices. Walmart shares <a href="https://www.benzinga.com//node/40486532">rose on Wednesday</a> in response to positive results from 
Walmart CFO John David Rainey said: &#8220;Everyone is looking for some piece of information that maybe indicates further weakness with our members and our customers, <a href="https://www.benzinga.com//node/40446780">we&#8217;re not seeing it</a>.&#8221; 
Rainey said his company is not immune to the volatility of the day, especially when considering the geopolitical backdrop. &#8220;Other economic data out there, as well as the state of affairs globally, would suggest that it&#8217;s prudent to remain appropriately cautious,&#8221; he said. 
Target Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGT#NYSE">TGT</a>) sales <a href="https://www.benzinga.com/news/earnings/24/08/40482203/target-q2-earnings-revenue-and-profit-beat-digital-sales-boost-annual-profit-outlook-hiked">were up by 2.7% and also beat market expectations</a>. CEO Brian Cornell noted improving trends across discretionary categories, most notably in apparel and beauty products.
Consumers have shown remarkable resilience in the face of multiple challenges over the last several years, and they remain resilient today, he said, adding:&nbsp;"Given the significant headwinds they faced with inflation over the last few years, consumers continue to focus on value as they work hard to manage their household budgets.&#8221;
Chief Commercial Officer Rick Gomez said that while economic data remains mixed, American families continue to deal with a lot but are still "willing and able to spend."&nbsp;
"Yes, they&#8217;re still being choiceful. Yes, they&#8217;re budget conscious. And yes, they&#8217;re hunting for deals and everyday value. But they&#8217;re also willing to shop when they find that right combination of fashion and newness at the right price. This was on full display in our second quarter results," said Gomez.
<h2 class="wp-block-heading">ETFs To Watch </h2>
<ul>
<li>Consumer Discretionary Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLY#NYSE">XLY</a>), an ETF that follows the performance of major companies in industries such as retail, automobiles, consumer durables, apparel, hotels and restaurants, is up by 1.1% on Wednesday and down 1.3% in the last month.</li>
<li>Vanguard Consumer Discretionary Index Fund ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VCR#NYSE">VCR</a>) presents a similar performance, up 1.3% on Wednesday and down 0.5% in the last month.</li>
</ul>
Now read:
<ul>
<li><a href="https://www.benzinga.com//node/40492530">Fed Minutes Reveal &#8216;Plausible Case&#8217; For Interest Rate Cut As Policymakers Cheer Inflation Progress</a></li>
</ul>
Shutterstock image.

General

ROST

Is The Consumer OK? What We Know From Retailers About Spending In 2024

Americans are feeling optimistic about the economy given stabilizing inflation and shifting election sentiments. This is especially true as consumer sentiment rose in early August for the first time in five months. Rising consumer sentiment bodes well for household spending in the coming months. It is expected to have a positive impact on the consumer discretionary sector, which attracts a major portion of consumer spending.
Investors can tap the encouraging trend in the basket form through consumer discretionary ETFs like Consumer Discretionary Select Sector SPDR Fund (ARCA:XLY), Vanguard Consumer Discretionary ETF (ARCA:VCR), Fidelity MSCI Consumer Discretionary Index ETF (ARCA:FDIS), First Trust Consumer Discretionary AlphaDEX Fund (ARCA:FXD) and iShares U.S. Consumer Services ETF (ARCA:IYC). These funds have a Zacks ETF Rank #3 (Hold).
The latest University of Michigan consumer sentiment index climbed from 66.4 in July to 67.8, marking the highest reading of consumer sentiment since June. This has sparked strong optimism surrounding the economy and the stock market, which eased concerns about a cooling labor market in early August.
According to the survey, inflation expectations remained stable at 2.9% over the next year and 3% over the next five to 10 years. Consumers&#39; expectations of inflation over the next year remain at their lowest level since December 2020.
Most of the rise in confidence came from presidential election developments. Sentiment for Democrats rose 6% as Vice President Kamala Harris gained ground in public polling while sentiment for Republicans fell 5%. The survey showed that 41% of consumers believe Harris is the better candidate for the economy, while 38% said Trump is better.
Consumer Discretionary Select Sector SPDR Fund
Consumer Discretionary Select Sector SPDR Fund offers exposure to the broad consumer discretionary space and tracks the Consumer Discretionary Select Sector Index. It holds 52 securities in its basket, with key holdings in specialty retail, hotels, restaurants and leisure, broadline retail, and automobiles with a double-digit allocation each.
Consumer Discretionary Select Sector SPDR Fund is the largest and most popular product in this space, with AUM of $18.6 billion and an average daily volume of around 3 million shares. It charges 0.09% in expense ratio.
Vanguard Consumer Discretionary ETF
Vanguard Consumer Discretionary ETF follows the MSCI U.S. Investable Market Consumer Discretionary 25/50 Index and holds 302 stocks in its basket. In terms of industrial exposure, broadline retail, automobile manufacturers and restaurants occupy the top three spots.
Vanguard Consumer Discretionary ETF is the low-cost choice in the space, charging investors only 10 bps in annual fees while volume is good at nearly 61,000 shares a day. The fund has managed $5.4 billion in its asset base so far.
Fidelity MSCI Consumer Discretionary Index ETF
Fidelity MSCI Consumer Discretionary Index ETF tracks the MSCI USA IMI Consumer Discretionary Index, holding 274 stocks in its basket. It has key holdings in broadline retail, specialty retail, hotels, restaurants and leisure, and automobiles.
Fidelity MSCI Consumer Discretionary Index ETF has amassed $1.6 billion in its asset base while trading in a good volume of around 137,000 shares a day on average. It charges 8 bps in annual fees from investors.
First Trust Consumer Discretionary AlphaDEX Fund
First Trust Consumer Discretionary AlphaDEX Fund follows an AlphaDEX methodology and ranks stocks in the space by various growth and value factors, eliminating the bottom-ranked 25% of the stocks. This approach results in a basket of 120 stocks with retailers, travel and leisure, media&nbsp;&nbsp;&nbsp; and personal goods taking double-digit exposure each.
First Trust Consumer Discretionary AlphaDEX has an AUM of $1.5 billion and trades in a volume of 47,000 shares per day on average. It charges a higher 61 bps in annual fees.
iShares U.S. Consumer Services ETF
iShares U.S. Consumer Discretionary ETF offers exposure to U.S. companies that distribute food, drugs, general retail items and media by tracking the Russell 1000 Consumer Disc 40 Act 15/22.5 Daily Capped Index. It holds 176 stocks in its basket, with key holdings in consumer discretionary, consumer services, media &amp; entertainment, consumer staples distribution &amp; retail, and autos &amp; components.
iShares U.S. Consumer Discretionary ETF has amassed $1 billion in its asset base and trades in a moderate volume of 123,000 shares a day on average. It charges 40 bps in annual fees from investors.
<a href="https://www.zacks.com/stock/news/2324514/etfs-to-tap-as-consumer-sentiment-improves?cid=CS-BENZ-FT-etf_news_and_commentary-2324514">To read this article on Zacks.com click here.</a>

First Trustnsumer Discretionary AlphaDEX Fund

ETFs to Tap as Consumer Sentiment Improves

테슬라(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)는 여전히 월가에서 가장 주목받는 기업 중 하나이지만, 지금은 혁신보다는 불시착(비유적으로 말하면 추락)에 더 관심이 쏠리고 있다.
테슬라 주가가 연초 대비 33% 하락한 상황에서 투자자들은 잔해를 헤쳐나가면서 앞으로 어떤 일이 일어날지 파악하려고 노력하고 있다. 최근 <a href="https://www.benzinga.com/etfs" target="_blank" rel="noopener">테슬라에 주로 노출된 여러 ETF</a>가 화제가 되고 있는데, 일부는 반등을 기대하는 반면 다른 일부는 더 큰 타격을 입을 것을 대비 중이다.
Simplify Volt TSLA Revolution ETF(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TESL#NYSE">TESL</a>)는 테슬라 비중이 54%로 가장 높다. 옵션 오버레이를 통해 테슬라 변동성을 적극적으로 관리한다. 낙하산이 달린 고위험 테슬라를 상상해 보면, 낙하산이 제때 펼쳐질지는 아무도 모른다.
나이트뷰 펀드(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NITE#NYSE">NITE</a>)의 테슬라 비중은 18.4%로, 모든 주류 펀드 중 테슬라에 가장 많이 노출된 펀드 중 하나다. 이 ETF 보유자에게 테슬라 관련 헤드라인은 단순한 뉴스가 아니라 포트폴리오를 구성하는 이벤트가 된다.
Vanguard Consumer Discretionary ETF(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VCR#NYSE">VCR</a>)도 테슬라가 포트폴리오의 13.3%를 차지하고 있어 그다지 뒤지지 않는다.
주가가 더 폭락하고 월가 애널리스트들이 실적 시즌마다 목표주가를 낮추면서 이들 ETF는 펀더멘털과 드라마의 한 부분으로 다소 머스크화된 시장 리스크를 가로지르고 있다.
<h3>관세, 어려움 그리고 테슬라의 에너지 신기루</h3>
주식 차트 아래에서 세부 사항을 살펴보면 테슬라의 가장 최근 실적 보고서는 엇갈린 모습을 보였다. 한 가지 반가운 소식이 있다면, 테슬라의 에너지 및 저장 사업부는 작년보다 67% 증가한 27억 달러의 매출을 기록했으며, 매출 총이익은 82%나 증가했다. 하지만 축하는 잠시뿐이었다.
테슬라 CFO인 바이브하브 타네자는 에너지 부문을 위협하는 <a href="https://www.benzinga.com/25/04/44942968/teslas-energy-business-carried-q1now-tariffs-could-kill-the-momentum-as-cfo-says-the-impact-will-be-outsized" target="_blank" rel="noopener">관세 역풍이라는 큰 위협</a>도 발견했다. 그는 "중국에서 LFP 배터리 셀을 공급받기 때문에 관세가 에너지 사업에 미치는 영향은 엄청날 것"이라고 지적했다.
테슬라의 대안은 중국에서 배터리 셀 생산을 위탁하고 중국 이외의 공급업체를 찾는 것이다. 그러나 타네자는 "시간이 걸릴 것"이라고 인정했는데, 이는 성장에 대한 열망을 가진 투자자들에게 안심할 수 있는 말은 아니다.
동시에 글로벌 에너지 저장장치 제조를 강화하기 위해 설계된 <a href="https://in.benzinga.com/25/02/43519412/teslas-first-megafactory-outside-us-to-start-production-on-feb-11-report?_gl=1&#x2A;7umjf6&#x2A;_gcl_au&#x2A;OTE5OTY0NTM4LjE3NDM0MTQxMTE.&#x2A;_ga&#x2A;ZGVsZXRlZA..&#x2A;_ga_V7ZK73W7N0&#x2A;MTc0NTQzNTIyNy4xLjAuMTc0NTQzNTIyNy4wLjAuMA.." target="_blank" rel="noopener">상하이의 새로운 메가팩토리</a>는 이미 난기류를 맞이했다. 새로운 관세로 인해 개장 후 불과 몇 달 만에 해외 확장 계획에 차질이 생겨 2025년 야심찬 50% 성장 계획이 차질을 빚을 가능성이 있다.
그리고 무엇보다도 모든 것에는 일론 머스크가 관련되어 있다. 머스크의 양극화된 정치적 이미지, 특히 트럼프 행정부에서 높아진 그의 위상은 브랜드에 대한 시위, 불매운동, 심지어 범죄까지 불러일으켰다. 매출은 감소했고 애널리스트들은 의구심을 품었으며 회사 경영진의 우선 순위는 초점이 맞지 않는 것처럼 보였다.
머스크가 공개적으로 관세를 공격하면서 아이러니하게도 같은 도구가 에너지에 대한 회사의 추진력을 망치고 있는 상황에서, 그의 정치적 입장이 마침내 비판을 이겨내고 핵심 고객층에 대한 인식 혼란을 정리할 것으로 예상했을 수도 있다.
<h3>주목해야 할 내용</h3>
<ul>
<li>ETF 조정: 노출도가 높은 ETF가 테슬라에 대해 리밸런싱을 할 것인가, 아니면 두 배로 줄일 것인가? 분기별 개편 및 옵션 활동을 모니터링해야 한다.</li>
<li>에너지 부문의 역풍: 미국에 기반을 둔 배터리 제조 및 대체 공급업체의 발전이 에너지 부문을 유지하는 데 가장 중요할 것이다.</li>
<li>지정학적 충격파: 추가적인 관세 인상이나 미중 무역을 둘러싼 정치적 잡음은 테슬라의 리스크를 증폭시킬 수 있으며, 이는 ETF를 통해 전달될 수 있다.</li>
<li>일론 머스크의 영향: 머스크의 X 게시물이나 정치적 변화가 시장을 움직일 수 있는 능력을 과소평가해서는 안 된다.</li>
</ul>
투자자에게는 테슬라가 회복하든 변동성이 더 커지든, 한 가지 확실한 것은 테슬라의 운명을 타고 있는 ETF가 결코 지루하지 않을 것이라는 점이다.
사진: 테슬라(Tesla Inc.) 제공
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2024년은 이정표를 세운 한 해였다. 현재의 강세장은 거의 <a href="https://www.benzinga.com/24/12/42430296/carson-researchs-50-year-study-suggests-that-the-26-months-old-bull-market-is-far-from-over">26개월이 지났지만</a> 흔들림 없는 상승세를 보이고 있다. 이는 2022년 10월 중순의 저점 대비 70% 이상 상승한 수치다. 한 해를 마무리하며 &#8216;산타 랠리&#8217;의 가능성을 염두에 두고 2024년의 중요한 시점을 정리해 보려고 한다.
<h3>미국 주요 벤치마크의 기록 경신</h3>
S&amp;P 500 지수는 올해 57번 사상 최고치를 경신했으며, 2024년 12월 6일에 마지막 최고치를 기록했다. 또한, 카슨 리서치의 수석 시장 전략가인 라이언 디트릭은 메모에서 "2024년은 역대 최고의 선거 연도 수익률로 기록될 것"이라고 말했다.
"50년 전으로 거슬러 올라가면 적어도 이만큼 오래 지속된 강세장은 5번 있었고, 그중 가장 짧게 지속된 강세장은 총 5년이었다. 유람선처럼 한 번 움직이기 시작하면 멈추기가 매우 어려울 수 있다.&#8221;
12월 23일 종가 기준으로 S&amp;P 500 지수는 연초 대비 25.96% 상승한 반면, SPDR S&amp;P 500 ETF Trust(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>)는 같은 기간 25.82% 상승했다.
반면 다우존스 산업평균 지수는 올해 1,000포인트 돌파 기록을 8번이나 세웠다. 37,000선에서 출발해 12월 초에 45,000선을 돌파했다. 지수가 44,000포인트에서 45,000포인트까지 도달하는 데 단 7거래일밖에 걸리지 않았으며, 이는 역대 두 번째로 빠른 1,000포인트 돌파 기록이다. 그 후 지수는 1974년 이후 사상 최초로 최장 10일 연속 하락세를 기록하기도 했다.
12월 23일 종가 기준으로 다우존스 지수는 연초 대비 13.77% 상승한 반면, 같은 기간 SPDR 다우존스 산업평균 ETF Trust(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>)는 13.74% 상승했다.
다우 지수와 달리 &#8216;매그니피센트 7&#8217; 종목이 모두 포함된 나스닥 100 지수는 12월 23일 종가 기준으로 연초 대비 29.98% 상승했다. 이 지수를 추종하는 ETF인 Fidelity NASDAQ Composite Index ETF(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ONEQ#NASDAQ">ONEQ</a>)는 같은 기간 동안 33.85% 상승했다. 반면, Invesco QQQ Trust, Series 1(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>)은 2024년 동안 29.88% 상승했다.
소형주 지수인 러셀 2000 지수는 1년 동안 11.16% 상승했고, 12월 23일 종가 기준으로 같은 기간 iShares Russell 2000 ETF(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>)는 10.97% 상승했다.
<img loading="lazy" decoding="async" class="alignnone size-medium" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24021350/CHARt-1-INDICES-1024x576.png?optimize=medium&amp;dpr=2&amp;auto=webp&amp;width=2048" width="1024" height="576" />
<h3>세계를 압도하는 미국 시장</h3>
선진국 지수 중 S&amp;P 500 지수는 연초 대비 25.96% 상승하며 다른 모든 선진국 지수를 능가하는 최고의 지수로 남아 있다.
디트릭은 1897년 이후 새 대통령의 임기 <a href="https://x.com/RyanDetrick/status/1871317802306707882">첫해</a>에는 일반적으로 강세를 보였지만, 재임 첫해의 수익률은 전반적으로 좋지 않았다고 말했다.
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">
Returns during year one of a second term haven&#39;t been very good overall, but way better lately. 
Down 5 in a row, but now up 4 in a row. &#x1f914; <a href="https://t.co/aUrCbf22Gw">pic.twitter.com/aUrCbf22Gw</a>
&mdash; Ryan Detrick, CMT (@RyanDetrick) <a href="https://twitter.com/RyanDetrick/status/1871320275129967103?ref_src=twsrc%5Etfw">December 23, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
<table class="block core-block table" style="height: 249px;" width="715">
<tbody>
<tr>
<td>선진국 시장</td>
<td>지수</td>
<td>2024년 성과 (2024년 12월 23일 종가 기준)</td>
</tr>
<tr>
<td>미국</td>
<td>S&amp;P 500</td>
<td>25.96%</td>
</tr>
<tr>
<td>독일</td>
<td>DAX</td>
<td>18.36%</td>
</tr>
<tr>
<td>일본</td>
<td>Nikkei 225</td>
<td>17.27%</td>
</tr>
<tr>
<td>홍콩</td>
<td>Hang Seng</td>
<td>19.71%</td>
</tr>
<tr>
<td>스페인</td>
<td>IBEX 35</td>
<td>12.31%</td>
</tr>
<tr>
<td>영국</td>
<td>FTSE 100</td>
<td>4.94%</td>
</tr>
<tr>
<td>스위스</td>
<td>Swiss Market</td>
<td>2.85%</td>
</tr>
<tr>
<td>프랑스</td>
<td>CAC 40</td>
<td>-3.43%</td>
</tr>
</tbody>
</table>
<h3>2024년 통신, 임의소비재 및 기술 섹터가 상승세 주도</h3>
미국 시장의 주요 섹터를 추종하는 상장지수펀드를 추적한 결과 통신 서비스가 올해 최고의 섹터로 부상했고, 임의소비재와 기술 섹터가 그 뒤를 이었다. 정보 기술 섹터는 S&amp;P 500에서 31.3%로 가장 높은 비중을 차지하고 있으며, 금융이 13.9%로 그 뒤를 잇고 있다.
블랙록은 2025년에도 기술 기업의 실적이 양호할 것으로 전망했다. "AI 테마와 수익 성장세가 확대됨에 따라 비중확대를 유지한다. AI 수혜주에 대한 밸류에이션은 기술 기업의 실적에 의해 뒷받침된다."
<table class="block core-block table" style="height: 403px;" width="832">
<tbody>
<tr>
<td>경기순환 섹터</td>
<td>ETF</td>
<td>2024년 성과 (12월 23일 종가 기준)</td>
</tr>
<tr>
<td>커뮤니케이션 서비스</td>
<td>Communication Services Select SPDR ETF (<a class="items-end ticker-link-wrapper inline-flex" style="font-family: inherit; font-size: inherit; font-weight: inherit;" href="https://www.benzinga.com/quote/xlc" target="_blank" rel="dofollow noopener" aria-label="Go to Quote Page for XLC">XLC)</a>
<div class="ticker-wrapper">
<div class="sc-icgYrN hngKKh ticker-box-wrapper"></div>
</div>
</td>
<td>35.97%</td>
</tr>
<tr>
<td>임의소비재</td>
<td>Vanguard Consumer Discretionary ETF (<a class="items-end ticker-link-wrapper inline-flex" href="https://www.benzinga.com/quote/vcr" target="_blank" rel="dofollow noopener" aria-label="Go to Quote Page for VCR">VCR</a>)</td>
<td>27.21%</td>
</tr>
<tr>
<td>기술</td>
<td>Technology Select Sector SPDR ETF (<a class="items-end ticker-link-wrapper inline-flex" href="https://www.benzinga.com/quote/xlk" target="_blank" rel="dofollow noopener" aria-label="Go to Quote Page for XLK">XLK</a>)</td>
<td>27.01%</td>
</tr>
<tr>
<td>금융</td>
<td>Invesco S&amp;P 500 Equal Weight Financial ETF (<a class="items-end ticker-link-wrapper inline-flex" href="https://www.benzinga.com/quote/rspf" target="_blank" rel="dofollow noopener" aria-label="Go to Quote Page for RSPF">RSPF</a>)</td>
<td>23.48%</td>
</tr>
<tr>
<td>산업재</td>
<td>Vanguard Industrials ETF (<a class="items-end ticker-link-wrapper inline-flex" href="https://www.benzinga.com/quote/vis" target="_blank" rel="dofollow noopener" aria-label="Go to Quote Page for VIS">VIS</a>)</td>
<td>17.80%</td>
</tr>
<tr>
<td>부동산</td>
<td>Real Estate Select Sector SPDR (<a href="https://www.benzinga.com/quote/xlre" target="_blank" rel="dofollow noopener" aria-label="Go to Quote Page for XLRE">XLRE</a>)</td>
<td>0.27%</td>
</tr>
<tr>
<td>소재</td>
<td>Materials Select Sector SPDR Fund (<a class="items-end ticker-link-wrapper inline-flex" href="https://www.benzinga.com/quote/xlb" target="_blank" rel="dofollow noopener" aria-label="Go to Quote Page for XLB">XLB</a>)</td>
<td>-0.37%</td>
</tr>
</tbody>
</table>
<img loading="lazy" decoding="async" class="alignnone size-medium" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24021831/Chart-2.1-cyclical-sectors-1024x576.png?optimize=medium&amp;dpr=2&amp;auto=webp&amp;width=2048" width="1024" height="576" />
경기방어 섹터 중에서는 유틸리티 섹터가 승자로 부상한 반면 에너지가 저조한 성과를 보였다. S&amp;P 500 지수에서 필수소비재, 에너지, 유틸리티는 각각 5.7%, 3.4%, 2.5%의 비중을 차지한다.
모건스탠리에 따르면 에너지 섹터는 엇갈린 미래에 직면해 있다. 트럼프의 규제 완화는 전통적인 에너지에 도움이 될 수 있지만, 잠재적 공급 과잉과 특히 중국의 글로벌 수요 약세로 인해 석유에 대한 전망은 불확실하다.
반면 천연가스는 유럽의 강력한 수요와 전기화 및 AI 기반 데이터 센터에 대한 국내 사용 증가로 인해 성장할 수 있다. 트럼프가 바이든의 2022년 인플레이션 감축법 세액공제를 철회할 경우 청정 에너지 부문은 어려움에 직면할 수 있다. 그러나 공화당 주에 대한 혜택으로 인해 전면적인 폐지는 어려울 것으로 보인다.
<table class="block core-block table" style="height: 139px;" width="752">
<tbody>
<tr>
<td>경기방어 섹터</td>
<td>ETF</td>
<td>2024년 성과 (2024년 12월 23일 종가 기준)</td>
</tr>
<tr>
<td>유틸리티</td>
<td>Vanguard Utilities ETF (<a class="items-end ticker-link-wrapper inline-flex" href="https://www.benzinga.com/quote/vpu" target="_blank" rel="dofollow noopener" aria-label="Go to Quote Page for VPU">VPU</a>)</td>
<td>18.23%</td>
</tr>
<tr>
<td>필수소비재</td>
<td>Vanguard Consumer Staples ETF (<a class="items-end ticker-link-wrapper inline-flex" href="https://www.benzinga.com/quote/vdc" target="_blank" rel="dofollow noopener" aria-label="Go to Quote Page for VDC">VDC</a>)</td>
<td>10.04%</td>
</tr>
<tr>
<td>헬스케어</td>
<td>Vanguard Health Care ETF (<a class="items-end ticker-link-wrapper inline-flex" href="https://www.benzinga.com/quote/vht" target="_blank" rel="dofollow noopener" aria-label="Go to Quote Page for VHT">VHT</a>)</td>
<td>0.63%</td>
</tr>
<tr>
<td>에너지</td>
<td>The Energy Select Sector SPDR ETF (<a class="items-end ticker-link-wrapper inline-flex" href="https://www.benzinga.com/quote/xle" target="_blank" rel="dofollow noopener" aria-label="Go to Quote Page for XLE">XLE</a>)</td>
<td>-0.96%</td>
</tr>
</tbody>
</table>
<img loading="lazy" decoding="async" class="alignnone size-medium" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24022041/Chart-2.2-defensive-sectors-1024x576.png?optimize=medium&amp;dpr=2&amp;auto=webp&amp;width=2048" width="1024" height="576" />
<h3>2024년 S&amp;P 500 최대 상승 기업</h3>
12월 23일 종가 기준으로 올해 S&amp;P 500 지수에서 386.67% 상승한 팔란티어는 올해 최고 수익률을 기록했다. 팔란티어의 뒤를 이어 비스트라와 엔비디아가 같은 기간 동안 각각 269.82%와 189.95%의 상승률을 기록했다.
<table class="block core-block table" style="height: 310px;" width="563">
<tbody>
<tr>
<td>S&amp;P 500 주식</td>
<td>2024년 성과 (2024년 12월 23일 종가 기준)</td>
</tr>
<tr>
<td>팔란티어 테크놀로지스 (<a class="items-end ticker-link-wrapper inline-flex" href="https://www.benzinga.com/quote/pltr" target="_blank" rel="dofollow noopener" aria-label="Go to Quote Page for PLTR">PLTR</a>)</td>
<td>386.67%</td>
</tr>
<tr>
<td>비스트라 (<a class="items-end ticker-link-wrapper inline-flex" href="https://www.benzinga.com/quote/vst" target="_blank" rel="dofollow noopener" aria-label="Go to Quote Page for VST">VST</a>)</td>
<td>269.82%</td>
</tr>
<tr>
<td>엔비디아 (<a class="items-end ticker-link-wrapper inline-flex" href="https://www.benzinga.com/quote/nvda" target="_blank" rel="dofollow noopener" aria-label="Go to Quote Page for NVDA">NVDA</a>)</td>
<td>189.95%</td>
</tr>
<tr>
<td>GE 버노바 (<a class="items-end ticker-link-wrapper inline-flex" href="https://www.benzinga.com/quote/gev" target="_blank" rel="dofollow noopener" aria-label="Go to Quote Page for GEV">GEV</a>)</td>
<td>162.80%</td>
</tr>
<tr>
<td>액손 엔터프라이즈 (<a class="items-end ticker-link-wrapper inline-flex" href="https://www.benzinga.com/quote/axon" target="_blank" rel="dofollow noopener" aria-label="Go to Quote Page for AXON">AXON</a>)</td>
<td>148.04%</td>
</tr>
<tr>
<td>유나이티드항공 (<a class="items-end ticker-link-wrapper inline-flex" href="https://www.benzinga.com/quote/ual" target="_blank" rel="dofollow noopener" aria-label="Go to Quote Page for UAL">UAL</a>)</td>
<td>144.30%</td>
</tr>
<tr>
<td>브로드컴 (<a class="items-end ticker-link-wrapper inline-flex" href="https://www.benzinga.com/quote/avgo" target="_blank" rel="dofollow noopener" aria-label="Go to Quote Page for AVGO">AVGO</a>)</td>
<td>114.07%</td>
</tr>
<tr>
<td>텍사스 퍼시픽 랜드 (<a class="items-end ticker-link-wrapper inline-flex" href="https://www.benzinga.com/quote/tpl" target="_blank" rel="dofollow noopener" aria-label="Go to Quote Page for TPL">TPL</a>)</td>
<td>113.03%</td>
</tr>
<tr>
<td>타르가 리소시스 (<a class="items-end ticker-link-wrapper inline-flex" href="https://www.benzinga.com/quote/trgp" target="_blank" rel="dofollow noopener" aria-label="Go to Quote Page for TRGP">TRGP</a>)</td>
<td>106.40%</td>
</tr>
<tr>
<td>하우멧 에어로스페이스 (<a class="items-end ticker-link-wrapper inline-flex" href="https://www.benzinga.com/quote/hwm" target="_blank" rel="dofollow noopener" aria-label="Go to Quote Page for HWM">HWM</a>)</td>
<td>105.73%</td>
</tr>
</tbody>
</table>
<img loading="lazy" decoding="async" class="alignnone size-medium" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24022228/Chart-3-top-performers-of-SPY-1024x576.png?optimize=medium&amp;dpr=2&amp;auto=webp&amp;width=2048" width="1024" height="576" />
<h3>2024년 미국 달러, 6% 이상 급등</h3>
달러 지수는 52주 100.1570~108.5410 범위에서 연초 대비 6.72% 상승했다. 달러가 이러한 상승세를 유지할 수 있다면 2015년 이후 두 번째로 좋은 한 해가 될 것이다.
쿠날 소다니 신한은행 글로벌 트레이딩 센터 부사장은 "트럼프의 정책 기대감과 연준의 금리 사이클에 대한 매파적 발언으로 인한 불확실성 때문에 달러 수요가 증가하고 있다"고 말했다.
프랭클린 템플턴은 "연준의 양적완화 사이클이 달러화의 지배적인 요인이 될 것이고, 금리 측면에서 연준과 주기적으로 비교하는 두 가지 주요 국가는 신흥시장과 일본&#8221;이라고 했다.
12월 23일 종가 기준 WisdomTree Bloomberg U.S. Dollar Bullish Fund(<a href="https://www.benzinga.com/quote/usdu">USDU</a>)는 연초 대비 13.24% 상승한 반면, Invesco DB USD Index Bullish Fund ETF(<a href="https://www.benzinga.com/quote/uup">UUP</a>)는 같은 기간 7.21% 상승했다.
<img loading="lazy" decoding="async" class="alignnone size-medium" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24022447/Chart-4-Dollar-ETFs-1024x576.png?optimize=medium&amp;dpr=2&amp;auto=webp&amp;width=2048" width="1024" height="576" />
사진: Shutterstock
Benzinga Pro의 독점 뉴스 및 도구로 수익률을 높이세요.
독점 속보 및 스캐너와 같은 Benzinga Pro의 강력한 도구 세트로 다른 트레이더보다 우위를 점하세요. <a href="https://www.benzinga.com/pro/register?t=be2bewe5mibe3bz3&amp;utm_source=bz-kor">여기를 클릭</a>하여 14일 무료 체험을 시작하세요.
<div class="flex items-center gap-3 mt-1"></div>

2024년 S&P 500 지수는 57회 사상 최고치 경신, 나스닥 급등의 30%는 '매그 7' 그룹이 주도

아마존닷컴(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>)은 미국 주문 처리 센터와 운송 사업부의 <a href="https://www.benzinga.com/markets/equities/24/09/40912814/amazon-told-its-staff-they-must-come-to-office-five-days-a-week-but-its-primary-healthcare-subsi" target="_blank" rel="noopener" data-google-interstitial="false">시간제 근로자에 ​​대한 급여</a>를 인상했다고 수요일에 발표했다.
"오늘 일찍 저는 솔트레이크시티 근처에 있는 회사 현장 중 한 곳을 방문하여 그곳의 팀원들과 몇 가지 소식을 나누었다. 우리는 주문 처리 및 운송 네트워크 전반에 걸쳐 시간제 일선 직원의 급여 및 복리후생에 상당한 신규 투자를 하고 있다 "고 아마존 전 세계 운영(Amazon Worldwide Operations) 부사장인 우딧 마단(Udit Madan)이 회사 뉴스레터에 썼다.
그는 아마존의 일선 팀이 이번 달부터 시간당 1.50달러 인상을 받아 평균 기본 임금을 시간당 22달러로 끌어올릴 것이라고 말했다. 이로 인해 혜택을 포함한 평균 총 보상은 시간당 29달러가 될 것이라고 그가 말했다.
&#8220;이는 주 40시간 근무하는 정규직 직원에게 평균적으로 연간 3,000달러의 인상이 된다&#8221;고 그가 썼다.
읽어보세요: <a href="https://www.benzinga.com/news/large-cap/24/09/40904271/whats-going-on-with-amazon-stock">아마존 주식에 무슨 일이 일어나고 있나요?</a>
&#8220;그리고 우리는 현재 미국 전역에서 이러한 역할을 맡고 있는 직원이 800,000명 이상으로 나라에서 가장 큰 민간 고용주 중 하나로서, 이 급여 인상은 우리 팀에 22억 달러 이상의 총 투자를 의미한다.&#8221;
아마존의 복리후생에는 선불 대학 등록금, 유연한 근무 시간, 프라임 멤버십, 입사 첫 날부터 제공되는 건강 보험 및 치과 보험이 포함된다.
&#8220;오늘 아침 이 팀에게 말했듯이, 이것은 그들이 하는 모든 일에 대한 감사의 한 방법일 뿐이다&#8221;라고 마단이 썼다.
애플(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), 마이크로소프트(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NYSE">MSFT</a>) 및 알파벳(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>)이 소유한 구글은 관리자와 엔지니어에게 <a href="https://www.benzinga.com/news/23/06/32679188/silicon-valleys-salary-showdown-unveiling-how-much-top-talent-at-apple-microsoft-and-google-get-paid-1">여섯자리 연봉</a>를 제공한다.
약 1년 전, 유나이티드 파슬 서비스(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UPS#NYSE">UPS</a>)와 팀스터스 노조(Teamsters Union)는 <a href="https://www.benzinga.com/news/large-cap/23/08/33995076/ups-and-teamsters-seal-the-deal-ensures-170-000-per-year-for-drivers-the-next-5-years">5년 계약</a>을 체결하여 향후 5년간 운전사에게 연간 170,000달러를 보장하는 5년 계약을 비준했다.
주가 움직임: 아마존은 수요일 0.24% 하하여 186.43달러에 마감되었다.
해당 주식을 보유한 상장지수펀드(ETF)도 대부분 소폭 하락세를 보였다.
<ul>
<li>ProShares Online Retail ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ONLN#NYSE">ONLN</a>)는 0.057% 하락했다.</li>
<li>Fidelity MSCI Consumer Discretionary Index ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDIS#NYSE">FDIS</a>)는 0.058% 하락했다.</li>
<li>Vanguard Consumer Discretionary ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VCR#NYSE">VCR</a>)는 0.18% 하락했다.</li>
<li>Consumer Discretionary Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLY#NYSE">XLY</a>)는 0.20% 하락했다.</li>
<li>ProShares Long Online/Short Stores ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLIX#NYSE">CLIX</a>)는 0.17% 상승했다.</li>
</ul>
다음 읽어볼 기사:
<ul>
<li><a href="https://kr.benzinga.com/news/usa/stocks/%EC%95%84%EB%A7%88%EC%A1%B4-%EA%B4%80%EB%A6%AC-%EA%B3%84%EC%B8%B5-%EC%B6%95%EC%86%8C-%EB%B0%8F-%EC%9E%AC%ED%83%9D-%EA%B7%BC%EB%AC%B4-%EC%A4%91%EB%8B%A8-%EC%98%88%EC%A0%95/" target="_blank" rel="noopener">아마존, 관리직 축소 및 재택근무 종료 발표</a></li>
</ul>
사진: Shutterstock
Benzinga Pro의 독점 뉴스 및 도구로 더 많은 승리를 거두세요 
독점 속보 및 스캐너와 같은 Benzinga Pro의 강력한 도구 세트로 다른 트레이더보다 우위를 점하세요. 
<a href="https://www.benzinga.com/pro/register?t=be2bewe5mibe3bz3&amp;utm_source=bz-kor" target="_blank" rel="noreferrer noopener">여기를 클릭</a>하여 14일 무료 체험을 시작하세요.

아마존닷컴(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>)의 CEO인 앤디 제시(Andy Jassy) 가 <a href="https://finance.yahoo.com/news/amazon-ceo-andy-jassy-says-213018283.html?fr=yhssrp_catchall">관리 계층을 축소</a>하고 직원을 내년 1월부터 주 5일 사무실로 복귀하게 할 것이라고 발표했다. 세계 최대의 온라인 소매업체이자 클라우드 컴퓨팅 회사인 아마존은 억만장자 제프 베이조스에 의해 설립된 기업이다.
이 변경 사항은 월요일 직원들에게 보낸 메모에서 회사의 베테랑들이 불필요한 회의와 승인 단계를 없애고 일을 더 쉽게 처리할 수 있도록 하려는 것이라고 블룸버그가 <a href="https://www.bloomberg.com/news/articles/2024-09-16/amazon-ceo-wants-workers-in-five-days-a-week-leaner-management?srnd=homepage-americas&amp;sref=TBDibEcD">보도</a>했다.
제시는 아마존의 각 주요 부서가 2025년 3월 말까지 관리자 대비 개별 기여자의 비율을 15% 증가시켜야 한다고 말했다. 변경 사항에는 불필요한 프로세스에 대한 우려를 제기할 수 있는 관료주의 신고 전화도 포함되어 있다.
팬데믹이 끝난 이후 아마존은 직원들이 팀의 필요에 따라 주 3일 이상 출근해야 한다고 요구했다. 제시는 아마존의 새로운 사무실 복귀 정책은 특별한 사정이나 이전에 승인된 원격 근무 직무에 대한 예외를 둘 것이라고 말했다.
읽어보세요: <a href="https://www.benzinga.com/news/24/09/40877089/jeff-bezos-and-elon-musk-set-to-battle-for-dominance-in-the-sky-amazon-gears-up-to-launch-over-3-000">제프 베이조스와 일론 머스크가 우주에서의 지배권을 놓고 경쟁: 아마존, 3,000개 이상의 저궤도 위성 발사를 준비 중</a>
전 세계 약 150만 명의 아마존 직원 대부분은 물품을 검색하고 패키지를 배송하는 시간제 직원으로, 원격 근무가 결코 선택 사항이 아닌 사람들이지만, 이 회사는 수십만 명의 사무직 직원을 고용하고 있다.
이 변화는 아마존이 운영되는 도심의 유동인구를 증가시킬 수 있다. 예를 들어, 시애틀, 워싱턴주 벨뷰, 버지니아주 알링턴, 샌프란시스코, 텍사스주 오스틴, 보스턴, 테네시주 내슈빌 등이 있다.
이 회사는 이미 직원들을 사무실로 복귀시키려는 노력을 시도했지만, 직원들은 회사가 융통성이 없고 대면 근무가 더 나은 결과를 가져온다는 데이터를 제시하지 못했다고 주장하며 저항했다.
이 주식을 보유한 상장지수펀드(ETF)도 하락했다.
<ul>
<li>ProShares Online Retail ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ONLN#NYSE">ONLN</a>)가 0.24% 하락했다.</li>
<li>Fidelity MSCI Consumer Discretionary Index ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDIS#NYSE">FDIS</a>)가 0.13% 하락했다.</li>
<li>Vanguard Consumer Discretionary Index Fund ETF Shares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VCR#NYSE">VCR</a>)가 0.18% 하락했다.</li>
</ul>
주가 움직임: 아마존의 주가는 월요일에 0.86% 하락하여 184.89달러에 마감되었다.
지금 읽기:
<ul>
<li><a href="https://www.benzinga.com/24/01/36488214/jeff-bezos-encouraged-his-brother-and-sister-to-invest-10-000-in-amazon-their-stake-grew-10-249-900">제프 베이조스가 그의 형제와 자매에게 아마존에 $10,000를 투자하도록 권장했다 — 그들의 지분은 10,249,900% 증가했으며 현재 잠재적으로 10억 달러 이상이 될 수 있다.</a></li>
</ul>
사진 출처: Shutterstock
Benzinga Pro의 독점 뉴스 및 도구로 더 많은 승리를 거두세요 
독점 속보 및 스캐너와 같은 Benzinga Pro의 강력한 도구 세트로 다른 트레이더보다 우위를 점하세요. 
<a href="https://www.benzinga.com/pro/register?t=be2bewe5mibe3bz3&amp;utm_source=bz-kor" target="_blank" rel="noreferrer noopener">여기를 클릭</a>하여 14일 무료 체험을 시작하세요.

아마존, 관리 계층 축소 및 재택 근무 중단 예정

아마존닷컴(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>)은 파란색 배달 트럭들이 사람들의 문앞에 지속적으로 패키지를 배달하고 있다는 점을 감안할 때 소비자들이 주로 <a href="https://www.benzinga.com/news/24/09/40751108/whats-going-on-with-amazon-stock-friday">전자 상거래 회사</a>로 간주할 수 있지만, 한 애널리스트 다르게 주장한다.
&#8220;우리의 관점은 전자 상거래가 아마존의 주가를 주도하지 않는다는 것이다&#8221;고 니덤(Needham)의 애널리스트인 로라 마틴(Laura Martin)이 목요일 메모에서 말했다.
"우리는 아마존이 제품 회사가 아닌 서비스 회사(예: 광고, 클라우드, 프라임 비디오 등)라고 믿으며, 전자 상거래는 제품에 관한 것이다. 매 분기마다 우리는 부분합(Sum-of-Parts) 가치 평가를 계산하며, 대부분의 분기에 투자자들이 아마존의 전자 상거래에 대해 거의 비용을 지불하지 않고 있다고 결론을 내린다.&#8221;
그녀는 올해 2분기 아마존의 순수익이 전년 동기 대비 15% 증가한 864억 달러로 3개월 동안 회사 매출 1,480억 달러의 58%를 차지했으며 제품 판매 매출보다 4배 빠른 속도로 성장했다고 언급했다.
그녀는 분기별 제품 매출이 2021년 1분기부터 매년 4분기를 제외하고 매 분기 약 610억 달러 수준으로 정체됐다고 말했다.
마틴은 "아마존의 서비스 매출은 지난 11분기 동안 제품 매출보다 높았으며 그 격차가 확대되고 있다"고 썼다.
&#8220;우리는 전자 상거래가 아마존의 출발점이라고 믿지만 광고, 클라우드, GenAI 및 기타 서비스와 같은 고마진 사업은 아마존이 가는 방향이다&#8221;고 그녀가 덧붙였다.
마틴은 Amazon의 전자상거래 비즈니스가 고객의 요구에 매우 적응력이 뛰어나고 배송 속도를 지속적으로 단축하기 위해 &#8220;거대한&#8221; 물류 네트워크에 전념하고 있지만, 당일 배송을 유지하는 데 상당한 비용이 소요된다고 지적했다.
그녀는 높은 비용이 단일 박스에 보내는 품목 수가 적고, 빈 배송 트럭이 운영되며, 당일 배송을 위해 더 많은 연료와 이동이 필요하기 때문이라고 설명했다.
&#8220;우리는 재무가 아마존이 전자 상거래 비즈니스를 손실 우선 전략으로 사용한다고 지원한다고 믿고 있다&#8221;고 그녀가 말했다.
&#8220;이 개념은 여러 전문가들이 아마존의 소매 전략이 역사적으로 1P 및 3P 전자 상거래 비즈니스 모두에서 낮은 마진을 유지한 다음, 프라임 구독 및 광고와 같은 고마진 수익원을 추가하여 이익 마진을 개선하려고 시도했다고 언급한 것으로 뒷받침된다.&#8221;
AMZN 주가 움직임: 아마존의 주식은 목요일 1.34% 상승한 187.00달러에 마감되었다.
주식을 보유한 상장지수펀드(ETF)들도 목요일에 대체로 상승세를 보였다.
<ul>
<li>ProShares Online Retail ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ONLN#NYSE">ONLN</a>)는 1.44% 상승했다.</li>
<li>Fidelity MSCI Consumer Discretionary Index ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDIS#NYSE">FDIS</a>)는 1.70% 상승했다.</li>
<li>Vanguard Consumer Discretionary ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VCR#NYSE">VCR</a>)는 1.31% 상승했다.</li>
<li>Consumer Discretionary Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLY#NYSE">XLY</a>)는 1.13% 상승했다.</li>
<li>ProShares Long Online/Short Stores ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLIX#NYSE">CLIX</a>)는 1.61% 상승했다.</li>
</ul>
사진: Shutterstock
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아마존의 전자 상거래는 '로스리더'이며, 그 실질적인 수익은 '서비스'에 있다: 분석가

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