David Marino-Nachison

Shares of Paramount Global dropped Thursday morning, extending their losses since Shari Redstone ended talks to sell her controlling stake in the company to Skydance Media. Paramount's stock was recently off more than 6%.

Key Takeaways Consumers are stretched, choosing essential spending over discretionary items, Helen of Troy executives said Tuesday. “The macro environment and the health of consumers and retailers has worsened,” Helen of Troy CEO Noel Geoffroy said on a conference call. The news comes ahead of other high-profile earnings reports set for release this week, including announcements from PepsiCo, Conagra, and Delta Air Lines.

Shares of Rice Krispies and Special K maker WK Kellogg slipped Wednesday after Bank of America put a bearish rating on the cereal company’s shares.

Investors will watch closely for clues to the health of the consumer as the second-quarter earnings season picks up steam. Bank earnings, starting Friday, will offer more financial context.

Shares climb ahead of start of Republican National Convention By David Marino-Nachison

STRINGER / AFP via Getty Images Key Takeaways Stocks fell broadly across the solar-energy sector Monday, weighed down by a warning from SolarEdge.

Consumer staples stocks have struggled lately as consumers reassess their spending amid stubborn inflation. However, staple stocks rose Wednesday as investors moved out of technology stocks. Investors could be looking to hedge against economic weakness and capitalize on the sector's recent underperformance.

Key Takeaways Shares of Reddit jumped Monday, outpacing those of other social media companies. The company announced a partnership with the NBA, NFL, and other major U.S. sports leagues. Social media earnings season starts next week, with Pinterest reporting July 30.

Key Takeaways Earlier this year, diners and social media users began to complain about portion sizes at Chipotle restaurants. On Wednesday, executives at Chipotle said there was never a "directive" to make portions smaller and that the company is working to address quantity issues at some restaurants. Those efforts will hit Chipotle's costs for a while, executives said.

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