IYC

iShares U.S. Consumer Discretionary ETF

Investing.com -- Bank of America (BofA) clients turned net sellers of U.S. equities last week, pulling $1.4 billion from the market despite a 1.5% gain in the S&P 500.

CEO Antonio Filosa, who took over the reins in late May, said, “2025 is turning out to be a tough year, but also one of gradual improvement.”

The Quark AI glasses would be sleek, lightweight, and equipped with useful features such as hands-free calling, real-time translation, music streaming, and even meeting transcription capabilities.

The YoY revenue drop, the biggest since the third quarter of 2012, came about due to declines in EV deliveries and the average selling price, as well as lower regulatory credit.

According to Fiscal.ai-compiled consensus, Tesla is expected to report adjusted earnings per share of $0.41 and revenue of $22.13 billion for the second quarter of the fiscal year 2025.

Investing.com -- Bank of America (BofA) Securities reported broad-based equity inflows last week among its clients as the market edged higher, with the S&P 500 gaining 0.6%.

Sector ETF report for IYC

Investing.com -- Last week, clients were net sellers of U.S. equities for the first time in three weeks, even as the S&P 500 rallied to new record highs.

Investing.com -- RBC Capital Markets reshuffled its U.S. sector recommendations in its mid-year “Global Sector Navigator” report, upgrading Materials to Overweight while cutting Consumer Discretionary to Underweight.