🛒 Mattel Drops on New Barbie Launch and Acquisition Interest, Hilton Gains on Target Raise, Amazon Surges on Strategic Updates | Retail Sector Insights
Amazon (AMZN) with a 3.5% stock increase due to an updated Prime Video interface and acquiring Bray Film Studios. Carnival Corp (CCL) surged by 4.0% following orders for new LNG-powered ships. Hilton Worldwide Holdings (HLT) maintained a buy rating with a price target increase.
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Below are AI-generated insights on moves in the consumer discretionary sector, powered by MarketReader technology.
Tuesday, July 23
XLY [+0.3%]
The Consumer Discretionary Select Sector SPDR Fund is moving higher in line with the broader market. Key contributors to the ETF's performance include Amazon (AMZN) with a 3.5% stock increase due to an updated Prime Video interface and acquiring Bray Film Studios. Royal Caribbean (RCL) saw a 1.9% rise after a positive price target revision by Melius Research. Carnival Corp (CCL) surged by 4.0% following orders for new LNG-powered ships, aligning with growth plans. Hilton Worldwide Holdings (HLT) maintained a buy rating with a price target increase amidst average performance. These movements coincide with the ETF's overall positive trajectory, reflecting the market sentiment and sector dynamics influencing its current uptrend.