<div id="readability-page-1">04:01 PM EST, 12/05/2025 (MT Newswires) -- Consumer stocks were mixed late Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 0.5%.In corporate news, Southwest Airlines ( LUV ) said bookings have rebounded after lowering its outlook for 2025 core profit, citing the impact of the recent US federal government shutdown and higher fuel costs. Its shares rose 6%.Netflix ( NFLX ) has agreed to buy Warner Bros. Discovery ( WBD ) for an equity value of $72 billion in a cash-and-stock deal that the companies said would strengthen the entertainment industry. Separately, CNBC reported Friday, citing an unnamed senior administration official, that the deal is being viewed with &#34;heavy skepticism&#34; by the White House. Netflix ( NFLX ) shares were down 3.1%, and Warner Bros. spiked 6.3%.Victoria's Secret (VSCO) shares jumped past 17% after the company raised its full-year guidance amid a strong start to the holiday season and reported better-than-expected Q3 results.The New York Times ( NYT ) and the Chicago Tribune have sued Perplexity AI for allegedly copying and distributing their exclusive content, Bloomberg reported. New York Times ( NYT ) shares were up 1.2%. MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.</div>

NFLX

Consumer stocks were mixed with XLP down 0.1% and XLY up 0.5%. Southwest Airlines shares rose 6% after bookings rebounded. Netflix agreed to buy Warner Bros. Discovery for $72 billion, but the deal faces skepticism from the White House. Netflix shares fell 3.1%, Warner Bros. rose 6.3%. Victoria's Secret shares jumped 17% after raising guidance. NYT and Chicago Tribune sued Perplexity AI for content copying; NYT shares up 1.2%.

- Consumer stocks showed mixed results, with the Consumer Staples Select Sector SPDR Fund down 0.1% and the Consumer Discretionary Select Sector SPDR Fund up 0.5%.  
- Southwest Airlines reported a rebound in bookings despite lowering its 2025 core profit outlook, leading to a 6% rise in its shares.  
- Netflix's acquisition of Warner Bros. Discovery for $72 billion faced skepticism from the White House, resulting in a 3.1% drop in Netflix shares, while Warner Bros. shares increased by 6.3%.

Sector Update: Consumer Stocks Mixed Late Afternoon