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Yahoo Finance host Josh Lipton tracks today's top moving stocks and biggest market stories in this Market Minute, including Royal Caribbean's (RCL) latest full-year outlook figures, United Parcel Service (UPS) plans to cut 20,000 jobs in this year as part of a cost-cutting initiative, and Sherwin-Williams (SHW) posting a first quarter earnings beat.
Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.
It's time for Yahoo! Finance's market minute. Stocks looking for gains amid a rush of earnings and hopes for auto tariff relief. Royal Caribbean reporting a beat on earnings in the first quarter and lifting its profit outlook for the full year. Second quarter earnings guidance also beating Wall Street's expectations, Stifel noting a surprise, the cruise operator was not more conservative with its second half guidance. The United Parcel Service expects to cut 20,000 jobs this year and plans to close 73 leased and owned buildings by the end of June 2025. UPS anticipating $3.5 billion of total cost savings to be delivered in 2025. And lastly, Sherwin-Williams reporting an earnings beat for the first quarter. KeyBank highlighting strong margins against a challenging building and construction backdrop. Sherwin-Williams also expecting second quarter consolidated net sales to be up or down a low single-digit percentage compared to last year. And that's Yahoo! Finance market minute.
