Reported 4 months ago
Abercrombie & Fitch CEO discusses the company's strong first quarter results, attributing success to their operating model and customer satisfaction. Cruise stocks saw movement, with upgrades for Norwegian Cruise Line and Royal Caribbean Cruises, and a price target cut for Carnival. In the energy sector, Chevron's deal with Hess was approved, while ConocoPhillips acquired Marathon Oil. Analysts weigh in on the industry's consolidation and future prospects. Yahoo Finance also covers earnings reports from companies like Chewy, Dick's Sporting Goods, and UnitedHealth Group, along with insights on Netflix's growth potential and potential advisory role for Elon Musk in a Trump administration. Exxon's annual shareholder meeting saw directors reapproved as shareholders sided with the company against activist investors. The show concludes with a look at the latest market action post-closing bell, including updates on Salesforce, American Eagle, and Capri Holdings' earnings.
Source: YAHOO