Kraft Heinz rises on strong first-quarter sales. Carnival gets a lift from Saudi Arabia’s sovereign wealth fund. Quibi makes its video debut. And SeaWorld says goodbye to another CEO. Motley Fool analyst Dan Kline tackles those stories and weighs in on whether we’ve reached peak mac and cheese consumption.
Shares of Coty rise as the cosmetics company gets its 4th CEO in four years. Bain & Company believes mergers and acquisition activity in the tech industry is poised to soar. Jason Moser analyzes those stories, and we dip into the Fool Mailbag to discuss whether it’s worth taking a short-term capital gains tax hit.
Dollar General and Dollar Tree post stronger-than-expected 1st-quarter reports. Boeing announces layoffs and a restarting of 737 Max production. Amazon commits to long-term hiring. Regal Cinemas expects to reopen movie theaters in July. Motley Fool contributor Dan Kline analyzes those stories and shares the summer blockbuster film he’s most looking forward to.
Tractor Supply updates guidance, much to the delight of Wall Street. Domino’s latest same-store sales numbers are good, but Papa John’s posts an even bigger number. The Wall Street Journal believes the RV industry is having a moment. Bill Barker analyzes those stories and critiques a scene in the most recent episode of Showtime’s series Billions.
Hertz Global files for chapter 11 bankruptcy protection, sending shares of Avis Budget Group up 15%. Jason Moser analyzes the increasingly changing automotive landscape, including AutoZone’s strong 3rd-quarter report. Crocs rises 10% on the news it’s the only top-30 footwear brand to see an increase in monthly sales.
Boeing shares rise on an upgrade. Mastercard becomes the latest big company to let employees work from home indefinitely. Keurig Dr. Pepper and Ruth’s Hospitality Group announce secondary offerings, sending shares down. Jim Gillies analyzes those stories and the potential for Chinese stocks being delisted in the U.S.