From NASDAQ:

Consumer stocks were mixed on Thursday, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.5% and the Consumer Discretionary Select Sector SPDR Fund (XLY) declining 1.6%.

Tesla (TSLA) shares fell more than 12% after posting lower-than-expected Q4 results late Wednesday. The company reported Q4 non-GAAP earnings of $0.71 per share, down from $1.19 a year earlier. Revenue for the quarter was $25.17 billion, up from $24.32 billion a year ago.

Comcast (CMCSA) reported better-than-expected Q4 results and increased its quarterly dividend, leading to a 3.8% increase in its shares.

ADT (ADT) shares jumped 10.7% after announcing plans to exit the residential solar space and focus on its core security and smart-home businesses.



Read more: Consumer Sector Update for 01/25/2024: TSLA, CMCSA, ADT