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The action quickly and sharply reversed back to the upside Friday after blowout earnings reports from Alphabet and Microsoft . In the week ahead, earnings are likely to drive the action again, though we'll get a few important macroeconomic reports. Earnings: We've got the biggest week of the earnings season ahead of us, with 12 Club holdings set to report. Eli Lilly 's report Tuesday morning continues to be all about sales of type-2 diabetes treatment Mounjaro and weight-loss drug Zepbound. In DuPont 's report Wednesday morning, we're looking for a continued rebound in its semiconductor business following a sequential increase last quarter.
Persons: Ford, we'll, Dow Jones, We've, Buckle, Eaton, Eli Lilly, Lilly, We're, Estee Lauder, Fabrizio Freda, we've, Linde, Bausch, Royal Philips, Woodward, SIRI, Archer, Johnson, Stanley Black, Decker, BAX, Cardinal Health, Parker, Belden, Jim Cramer's, Jim Cramer, Jim Organizations: Nasdaq, Microsoft, Meta, Google Search, Big Tech, Nvidia, Broadcom, Ford Motor, Honeywell, Danaher, Labor Department, Labor, PMI, Services PMI, GE Healthcare, Amazon Web Services, Starbucks, Deutsche Bank, DuPont, Bausch Health, U.S ., Appeals, Apple, iPhones, Vision, ON Semiconductor, Resource Partners, Franklin Resources, Paramount, Transocean Ltd, Semiconductors, Arch Capital, Logitech International, Lattice Semiconductor, F5 Networks, Sanmina Corporation, GE HealthCare, PayPal, 3M Company, McDonalds, Enterprise Products Partners, Cola Company, Melco Resorts, Entertainment, SiriusXM Holdings, Oatly, American Electric Power Company, Leidos Holdings, Marathon Petroleum, Daniels, Midland Co, Equitrans Midstream Corporation, HSBC Holdings, HSBC, Devices, Caesars Entertainment, Lumen Technologies, Mondelez, Pfizer, CVS Health, Barrick, Mastercard Inc, Cruise Line Holdings Ltd, Kraft Heinz Company, Marriott International, Ares, Generac Holdings, Johnson Controls, Cenovus Energy Inc, Qualcomm, Devon Energy, Paycom, Axcelis Technologies, Coeur D'Alene Mines, Sunnova Energy International, MGM Resorts International, MGM, Solar Inc, Oil, Allstate, Co, Tenable Holdings, Enovix Corporation, Gladstone Capital, Avis Budget Group, eBay, EBAY, LIN, Novo Nordisk, Natural Resources, PENN Entertainment, Apache, ConocoPhillips, InMode Ltd, Baxter International, Cardinal, Regeneron Pharmaceuticals, Apollo Global Management, LLC, Cinemark Inc, Dominion Energy, Coterra Energy, Coinbase, Bill.com Holdings, Booking Holdings, United States Steel, AXT Inc, Materials, Energy, Hershey Company, XPO Logistics, Cboe, American Pipeline, Amneal Pharmaceuticals, Brookfield Business Partners, Brookfield Renewable Corporation, Magna International, Jim Cramer's Charitable, CNBC, Traders, New York Stock Exchange, Bloomberg, Getty Locations: U.S, megaprojects, China, Eaton, Corning, Coeur D'Alene, Albemarle, ALB, Novo, New York
On top of that, the latest U.S. jobs market scorecard will be released along with more mega-cap earnings. This week, the U.S. 10-year Treasury yield briefly climbed above 4.7% for the first time since November. That's down sharply from the six or seven rate cuts investors were anticipating coming into the year. April jobs Investors will also get an update on the labor picture next week, with the release of the April nonfarm payrolls report set for Friday. Corporate earnings season will also ramp up in the week ahead with a slew of consumer-facing companies set to report.
Persons: Stocks, Powell, David Alcaly, Jerome Powell's, we've, they're, Brian Nick, Matt Stucky, it's, Stucky, Dow Jones, Nick, Archer, Eli Lilly, Kraft, Estee, Ingersoll Rand, Stanley Black, Decker, Hershey Organizations: Nasdaq, Google, Microsoft, Treasury, Lazard Asset Management, Macro, Northwestern Mutual Wealth Management Company, Fed, Apple, Micro Computer, Dallas Fed, Paramount, ON Semiconductor, Chicago PMI, Prudential Financial, Devices, Storage, Diamondback Energy, Caesars Entertainment, Corning, Daniels, Midland, Molson Coors Beverage, Marathon Petroleum, GE Healthcare Technologies, PayPal, ADP, P Global, Manufacturing, Oil, MGM Resorts International, Allstate, Etsy, eBay, Qualcomm, MetLife, First, Devon Energy, Cruise Line Holdings, Brands, Marriott International, Kraft Heinz, Pfizer, Companies, CVS Health, Generac, Mastercard, Labor, Nation Entertainment, Booking Holdings, Natural Resources, Motorola Solutions, Expedia, EOG, Coterra Energy, Dominion Energy, Howmet Aerospace, ConocoPhillips, Moderna, PMI, Services PMI Locations: U.S, Chicago, McDonald's, Albemarle, EOG Resources
We live in an Orlando rental, but I run the travel-planning business from a cruise ship for three months out of the year. Video calls can be dicey, but voice calls over WiFi work wellMost of my work is using emails, social media apps, and a web browser, so I don't tend to have problems. The upload speed is the most difficult thing about working on a cruise ship. Cruise ships are comparable to remote working spaces, but they offer so much more. Meeting places are usually free on a cruise ship.
Persons: , Walter Biscardi, Walter Travel, I'd, we'll, I've, Lady Organizations: Service, Business, Royal, Voyages, Virgin Voyages, YouTube, Virgin Locations: Orlando, Atlanta, Royal Caribbean, Oceania
And if you're looking for high-end sailing to unique destinations, I'd suggest avoiding Royal Caribbean's mega-ships. Brittany Chang/Business InsiderAccording to its current expansion plan, by 2028, about a third of Royal Caribbean's fleet will consist of mega-ships. Wonder of the Seas (left) and Icon of the Seas (right) both have Sorrento's, a complimentary grab-and-go pizza shop. If you plan on cruising with your children — and if they, like me, love activities like rock climbing and mini-golfing — Royal Caribbean's mega-ships could be your best option. After all, like most of Royal Caribbean's largest vessels, both Icon and Wonder are exclusively sailing in the Caribbeans.
Persons: , Brittany Chang, I've, Sharon Yattaw Organizations: Service, Oceania Cruises, Business, Royal, Regent Seven Locations: Royal Caribbean, CocoCay, Polynesia, Caribbean, Oceania
Companies that are spending big internally to grow their businesses should start outperforming if the economy remains on strong footing, according to Goldman Sachs. The Wall Street bank is advising clients consider buying companies with a high level of capital expenditure and research and development expenses. Those companies have outperformed those returning cash to shareholders via buybacks and dividends this year by 2 percentage points, Goldman said. In this environment, investors typically reward companies investing for growth when economic growth is accelerating, if history is any guide, Goldman said. The firm found a slew of stocks in the S & P 500 with the highest percentage of capex and R & D per market cap.
Persons: Goldman Sachs, Goldman, David Kostin Organizations: Norwegian Cruise Line, United Airlines, American Airlines, Delta Air Lines, Meta, Intel, HP, Western Digital Locations: Norwegian, United
CNN —In travel news this week: the world’s best and busiest airports, the European capital banning new hotels, the Hawaiian attraction being removed because of bad tourist behavior, plus the real-life animal crossing being built over a California freeway. Snakes will, however, be very welcome on “the world’s largest wildlife crossing,” under construction over the major 101 Freeway in Los Angeles. The Wallis Annenberg overpass will span 10 lanes and provide safe passage for mountain lions, coyotes, bobcats, toads and even ants. World’s best and busiest airportsThe world’s busiest airports were revealed in an annual ranking released Monday, with Atlanta’s Hartsfield-Jackson International holding strong in the No. US National Park Week starts April 20, kicking off with a free entry day on Saturday to all NPS sites.
Persons: Wallis, It’s, Alyssa Kopp, Mary Gomes Kopp, Doha’s, Florence’s, it’s, America’s Organizations: CNN, Aegean Airlines, Atlanta’s Hartsfield, Jackson International, UAE, Qatar, Doha’s Hamad international Airport Locations: California, Tokyo, Osaka, Los Angeles, Crete, Europe, Dubai, Amsterdam, Netherlands, Canary, Spanish, Africa, Italy, Ponte, Lake Mead, Hawaii
I spent seven days eating on a luxury Virgin Voyages cruise ship. The cruise ship offered over 20 eateries with menus crafted by Michelin-starred chefs. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementLast summer, I sailed the Mediterranean Sea for seven days on a luxury Virgin Voyages cruise ship. Every Virgin Voyages ship has the same 20 restaurants and eateries on board with menus designed by Michelin-starred chefs, according to the cruise line's website.
Persons: Organizations: Virgin, Michelin, Service, Business
Royal Caribbean's Icon of the Seas could be an expensive vacation compared to other cruise ships. Sailing on the mega-ship without paying for any of its upcharged amenities is possible. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA budget vacation on Royal Caribbean's new wildly popular Icon of the Seas is possible.
Persons: Organizations: Service, Business
Here are six things I'd never do on a cruise after working on them for three years. So, even though I enjoy lobster, I stick with the items without the upcharges. Related storyI prefer to buy as I go and take advantage of happy hour and other drink specials that are available on certain cruise lines. AdvertisementSome cruise lines are better than others at wiping down commonly touched surfaces, but I don't take any chances. Wear my room key around my neckI never walk around the ship with my room key around my neck, and I especially never do this when on land.
Persons: , it's, I've, norovirus, I'd, Tammy Barr Organizations: Service, Business Locations: Manhattan
AdvertisementWhile the chances of falling overboard on a cruise ship are extremely low , a cruise ship expert told Business Insider that the industry's safety protocols needed updating. Sophie Elizabeth Blythe-Tinker told the court her father "wasn't himself" and had become "increasingly abnormal" during his time on board, per the Telegraph. Cruise ship safetyRoss Klein, an international authority on the cruise ship industry, told BI he believes cruise ship safety rules are outdated. He said no substantial changes have been made to cruise ship safety since the Cruise Vessel Security and Safety Act of 2010. AdvertisementKlein is "not very hopeful" about actionable change regarding cruise safety in the near future "because nobody's pushing for changes."
Persons: , Nigel Blythe, Blythe, William Hill, Tinker, Sophie Elizabeth Blythe, wasn't, I'm, Karen Shuman, Mr Blythe, Ross Klein, Klein, Levion Parker, Francel Parker, ideation Organizations: Service, London's, of Justice, The Telegraph, Seven Seas, Business, Seven Seas Cruises, Cruise Vessel Security, Royal Caribbean, New York Post, Sun Locations: England, Australia, Blythe, Marseille, Barcelona, Florida, Port
Read previewCruise bookings are predicted to reach record highs this year, but not all itineraries are created equally — especially if you're looking to sail with Disney Cruise Line. When I book, I always make sure Disney's private island in the Bahamas, Castaway Cay, is on the port of call. AdvertisementCharacters usually meet in the morning from around 9 a.m. until 11 a.m., but exact times can always be found on the Disney Cruise Line app. AdvertisementAnd, before I head back to the ship, I stop at the Castaway Cay post office to send postcards back home. Megan duBoisThe postcards I use can be found in the desk drawer of Disney Cruise Line staterooms, and are free to take.
Persons: , I've, Megan duBois, Megan duBois Castaway, it's, Mickey, Mickey Mouse, Minnie Mouse, Megan duBois There's Organizations: Service, Disney Cruise, Disney, Business Locations: Bahamas, Castaway, Megan duBois Castaway Cay, Disney
Goldman's top trades for earnings
  + stars: | 2024-04-12 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGoldman's top trades for earningsJohn Marshall, Goldman Sachs head of derivatives research, joins 'Money Movers' to discuss the top idea from Goldman's list of top tactical trades, the cruise lines Goldman favors, and much more.
Persons: John Marshall, Goldman Sachs, Goldman
Read previewRoyal Caribbean's family-friendly private island is about to get a bit more crowded — with Gen Xers. Royal Caribbean's private island is a tropical dream for cruising families dotted with sprawling beaches, clubs, a zipline, and a waterpark. Royal Caribbean goes after multi-generational families, while Celebrity's target demographic is Gen Xers, Lisa Lutoff-Perlo, the then-CEO of Celebrity Cruises, told Business Insider in 2021. Celebrity sails to 300 ports on all seven continents — why this sudden push for the private Caribbean island? Brittany Chang/Business InsiderBut for the two brands' parent company, there are more benefits to private island cruising besides guest satisfaction.
Persons: , Gen Xers, Gen X, Brittany Chang, Xers, Lisa Lutoff, Michael Bayley, CocoCay, Patrick Scholes, Bayley Organizations: Service, Cruises, Royal, Business, Royal Caribbean Group, Apex, Celebrity Cruises, Royal Caribbean International, Truist Securities, Coco Locations: CocoCay, Fort Lauderdale , Florida, Royal Caribbean, that's, Royal, Caribbean, Brittany, cabanas
Two months ago, I wrote a story entitled, "The IPO market is looking very shaky and facing challenges galore." Two months later, the IPO market is still shaky, but there are definite signs of improvement. Second, three $100 million IPOs have filed to go public in the past week, including Viking (the cruise line operator) and Rubrik, a data management platform. Greg Martin at Rainmaker Securities told me that the recent performance of Reddit and Astera Labs, "Were nice shots in the arm for the IPO market. Even with markets at new highs, the specter of interest rates creeping up is still hanging over the IPO market.
Persons: Matt Kennedy, Reddit, Greg Martin, Ibotta, Ingram, Del, Viking, Howe Ng, I'm, Martin, Rainmaker, Santosh Rao Organizations: IPOs, Viking, Renaissance Capital, Astera Labs, Rainmaker Securities, NYSE, UL Solutions, Underwriters Laboratories, Nursing, Centuri Holdings, Labs, Companies, Ingram Micro, Epic, Manhattan Venture Partners Locations: IPOs, Del Monte
Royal Caribbean's Icon of the Seas has high-end upcharge options like a $200-per-person dinner. See what a vacation on the world's largest cruise ship is like for affluent travelers. AdvertisementAre you looking to ball out on your weeklong vacation aboard the world's largest cruise ship? And there's likely no better example of this than Royal Caribbean's new world's largest cruise ship. On the 9,950-person Icon of the Seas, affluent travelers could have a vacation that rivals even the most luxurious small-ship cruise.
Persons: Organizations: Royal, Service
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNorwegian Cruise Line CEO on why they are 'the biggest growth story' in the cruise sectorHarry Sommer, CEO of Norwegian Cruise Line, joins CNBC's 'The Exchange' to discuss Norwegian's new ship order, travel trends, and more.
Persons: Harry Sommer Organizations: Cruise, Norwegian Cruise
It had been more than a year since the Covid pandemic had forced Disney's domestic parks to shutter, but D'Amaro, chair of Disney's experiences division, was confident guests would flood back in when the gates reopened. Revenues fell 35% in 2020, a nearly $10 billion decrease from the $26.2 billion the experiences division had tallied in the year before the pandemic. The experiences division posted record revenue of $32.5 billion in fiscal 2023, a 16% increase from the prior year. Its innovations, from ride mechanics and animatronics to creature design and immersive architecture, have made Disney's parks a standout in the industry. Storytelling is at the heart of everything across Disney's experiences division.
Persons: Mickey Mouse, Ian Langsdon, Josh D'Amaro, D'Amaro, Bob Chapek, D'Amaro —, Walt Disney, King Arthur Carousel, Christian Thompson, you've, it's, Bob Iger, Nelson, Walt Disney Imagineering, Rey, Kylo Ren, Judy Hopps, Imagineers, CNBC —, Lewis, Disney, Imagineering, Matt Stroshane, Alan Bergman Organizations: Paris, Afp, Getty, Gibson, Disney, Walt Disney Imagineering, Hong Kong Disneyland, Walt Disney, Guardians, Magic Kingdom, Epcot, Star Wars, California Disneyland's, Walt Disney Imagineering's, Disney Engineers, Force, Southwest, CNBC, Galactic, Marvel Locations: California, Burbank, Disneyland, Hong Kong, Shanghai Disneyland, Florida, Epcot, Magic, Wharf, Disneyland's, Disney's, Edge
Virgin Voyages is targeting a new type of traveler: remote workers. In March, the Miami-based cruise line owned by Sir Richard Branson introduced a month-long cruise called the "Scarlet Summer Season Pass." It's essentially four week-long cruises packaged together to appeal to remote workers who want to spend a month at sea in southern Europe. That prompted Virgin Voyages to open additional spots for remote workers on a second cruise ship this summer. The "Season Pass" cruises will sail on Virgin's Scarlet Lady and Resilient Lady ships, each of which can accommodate around 2,700 guests.
Persons: Sir Richard Branson, It's, Nirmal Saverimuttu, Virgin Organizations: Voyages, CNBC Travel, Virgin Voyages, Cruises Locations: Miami, Europe, Cannes, Rome, Ibiza
The cruise continued sailing, and the tour company said they left her with other stranded cruisers. AdvertisementIt wasn't a surprise to Julie Lenkoff's family that she was going on another cruise. During the tour, she passed out and fell, Diogo Beirão, the chief operating officer of the tour company, confirmed to BI. Kurt said he and the rest of Lenkoff's family had no idea this was happening since Norwegian hadn't contacted them. Kurt GiesToday, Lenkoff is in critical conditionSince arriving at the hospital in California, Kurt told BI that Lenkoff has undergone numerous tests and scans.
Persons: Julie Lenkoff, Lenkoff, , Julie Lenkoff's, Kurt Gies, Lenkoff's, Lana Gies, Kurt, Navetur, Diogo Beirão, Beirão, hadn't, São, Jay Campbell, should've, WRAL, Jill Campbell, Lana, Julie, gurney, Kurt Gies Kurt, would've Organizations: Service, Stanford Medical Center, BI, Campbells, North, Apple, Lenkoff Locations: Norwegian, Africa, São, Gambia, African, American, Lisbon, Portugal, United States, Toronto, San Francisco, California
Riverside is operated by Seaside Collection, a European hotelier. Seaside Collection owns 11 properties and five cruise ships. Its vessels' open-air Vista Deck has a "lounge feel" with couches, music, a bar, and high-end meals like grilled lobster. Riverside Luxury CruisesThe firm had its sights set on a river cruise venture since 2018, Jen Halboth, CEO of Riverside Luxury Cruises, told Business Insider. The other two are being leased to competitor Uniworld River Cruises.
Persons: Jen Halboth Organizations: Riverside, Seaside Collection, Seaside, Luxury Cruises, Riverside Luxury Cruises, Crystal Cruises, Cruises Locations: European, COVID
Eight passengers were left stranded on São Tomé and Príncipe after missing a cruise ship's boarding deadline. After missing the boarding deadline, the eight people were stuck in São Tomé and Príncipe, an island nation of some 220,000 people off West Africa. It took them six days to get back on the Norwegian Dawn cruise ship, as they missed a chance to re-embark in Gambia before finally getting on board in Senegal. AdvertisementShe explained that cruise lines will hold the ship for passengers on an excursion organized by the company. Jill Campbell, one of the stranded passengers, told NBC News she believed Norwegian Cruise Line had fallen short in a '"basic duty of care."
Persons: , Gracie O'Connor, O'Connor, Tomé, you've, Jill Campbell Organizations: Service, Norwegian, NBC News, Norwegian Cruise Locations: Norwegian, West Africa, Gambia, Senegal
Mizuho is out with its top stock picks for April, and the selections include home retailers and an energy company. The newest additions for April include Lowe's Companies and Wayfair , as well as cruise line operator Carnival . Energy giant Chevron was one company where Mizuho said its bullish outlook is greater than the rest of the Street. The $280 price target represents about 16% upside from Lowe's closing price on Wednesday. Other top picks include Intuit and Meta Platforms .
Persons: It's, Mizuho, Piper Sandler, it's, David Bellinger, Nitin Kumar, Vijay Rakesh Organizations: Mizuho, Nvidia, Lowe's, Energy, Chevron, Hess Corp, Intuit, Meta Locations: North Carolina
Eight passengers chased their cruise ship around Africa for six days. They were stranded in São Tomé and Príncipe and missed a chance to re-embark in Gambia. AdvertisementA group of passengers left stranded on a small African island after missing a boarding deadline finally managed to rejoin their cruise ship on Tuesday after chasing it for almost a week. The couple had considered not rejoining the ship, believing that Norwegian Cruise Line had fallen short in a '"basic duty of care," Campbell told NBC News. But, six days after being left behind in São Tomé and Príncipe, the cruise line confirmed the eight passengers, including the Campbells, finally re-embarked in Senegal on Tuesday.
Persons: , São, Jill Campbell, Campbell Organizations: Norwegian Cruise Line, Service, Business, Príncipe Coast Guard, ABC, NBC News, Cruise, NBC, Campbells Locations: Africa, Norwegian, Senegal, Gambia, West Africa, Banjul, São, Dakar
Read previewA couple says they were stranded on a small African island after they missed a cruise ship's boarding deadline, according to local media. Jay and Jill Campbell, from Garden City, South Carolina, described their ordeal with a Norwegian Cruise Line ship in an interview with WPDE, their local ABC affiliate. The cruise line said the passengers missed the "all aboard time of 3 p.m. local time." AdvertisementThough cruise ships need to stay punctual, ruined-vacation stories like this are a reputational risk and might put people off. Last September, more than 200 people got stuck in a remote part of Greenland after their cruise ship ran aground.
Persons: , Jay, Jill Campbell, WPDE, Campbells, São, Jay Campbell, concussed Organizations: Service, Norwegian Cruise Line, ABC, Business, Norwegian Dawn, Príncipe Coast Guard, Campbells, Norwegian Cruise, MSC, Royal Locations: Garden City , South Carolina, West Africa, Norwegian, Gambia, Senegal, Greenland, Brisbane, Royal Caribbean
The S & P 500 jumped 10.2% in the first quarter, while the Dow Jones Industrial Average and Nasdaq Composite gained 5.6% and 9.1% each, respectively. With this in mind, CNBC Pro screened for stocks that can give investors "growth at a reasonable price," or GARP. The screener showed that GARP opportunities exist in a diverse array of sectors across the S & P 500. RCL LVS,.SPX YTD mountain Royal Caribbean and Las Vegas Sands versus the S & P 500 in 2024 Restaurant chain Yum! The stock is lagging the S & P 500 in 2024, rising 6.8% compared to the broader market's 8.8% increase.
Persons: RCL LVS, Cardinal Health's Organizations: CNBC Pro, Dow Jones Industrial, Nasdaq, Sands, Royal, Las Vegas, Vegas Sands, Brands, Taco, Cigna, Cardinal Health Locations: That's, Caribbean, Royal Caribbean, Las, Taco Bell
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