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Royal Caribbean's Icon of the Seas will begin its first seven-night sailings in JanuaryThe new world's largest cruise ship has unprecedented features like a six-slide water park. These are the nine things travelers should know about what it's like on the new mega-ship. AdvertisementI was one of the first guests to sail on Royal Caribbean's newest vessel : The $2 billion Icon of the Seas , the world's largest cruise ship. The Icon of the Seas ship is unlike any existing floating resort. As the first ship in Royal Caribbean's new Icon class, the 250,800-gross-ton vessel overshadows virtually all of its predecessors — in size and in the number of water slides, pools, dining venues, and stateroom options.
Persons: , I've Organizations: Service, Royal Locations: Royal Caribbean
Mars Perseverance rover loses its trusty scout
  + stars: | 2024-01-27 | by ( Ashley Strickland | ) edition.cnn.com   time to read: +7 min
And it’s time to bid farewell to one of the most delightfully plucky robots ever to explore Mars. Other worldsThe Ingenuity helicopter, seen here on Mars in an image taken by the Perseverance rover on August 2, 2023, has flown for the last time. Ingenuity served as the Perseverance rover’s faithful companion and aerial scout for nearly three years since its maiden flight on April 19, 2021. A long time agoAiming to trace syphilis' origins, researchers used paleopathology techniques to study ancient human bones at the site Jabuticabeira II in Brazil's Santa Catarina state. They find wonder in planets beyond our solar system and discoveries from the ancient world.
Persons: , Theodore Roosevelt, Teddy Tzanetos, Thomas Jefferson, it’s, Jose Filippini, Samson Acoca, Pierre, Olivier Cheptou, Ashley Strickland, Katie Hunt Organizations: CNN, Jet Propulsion Laboratory, European Space Agency, NASA, JPL, Caltech, University of Montpellier, Hubble, , CNN Space, Science Locations: Pasadena , California, United States, Brazil's Santa Catarina, Brazil, France, British
In turn, Wall Street analysts made a slew of bullish calls on five of our portfolio names — all of which report earnings next week SBUX YTD mountain Starbucks (SBUX) year-to-date performance Wall Street's call: Wells Fargo forecasted an improved backdrop for Starbucks. Although the stock's been a portfolio laggard, we're bullish on management's plans to progressively expand margins in the years to come. MSFT YTD mountain Microsoft (MSFT) performance year-to-date Wall Street's call: Morgan Stanley boosted Microsoft's price target to $450 per share from $415, citing the company's strength from generative artificial intelligence efforts. Analysts issued a slew of downbeat calls at the start of 2024, causing the stock to sell off. AMZN YTD mountain Amazon (AMZN) year-to-date performance Wall Street call: Jefferies said Amazon stock has even more room to run after a great 2023.
Persons: Wells Fargo, we're, Morgan Stanley, Goldman Sachs, refreshes, Jefferies, AMZN, Twitch, they're, Jim Cramer's, Jim Cramer, Jim, Brendan Mcdermid Organizations: Dow Jones, Wall Street, Club, Microsoft, Big Tech, Bank of America's, Apple, Analysts, MGM Studios, Management, Bank of America, CNBC, Traders, New York Stock Exchange Locations: Fargo, China, Tuesday's, Copilot, F1Q24E, Thursday's, New York City, U.S
Among the most broadly played investment "factors" — including value, momentum, low volatility, dividend yield — quality has dominated the market, the representative iShares MSCI USA Quality ETF (QUAL) up 25% in the past year, compared to 13% for S & P 500 value and less than 5% for the equal-weighted S & P 500. Even within industry sectors, the stocks with higher quality scores have sped ahead ( Costco in retail, WW Grainger in industrials, etc.). The quality label is based on strong balance sheets, high and steady profit margins, consistency of earnings growth and the like. Sure, there are multi-year secular growth stories animating the AI innovators and weight-loss-drug developers, but most quality stocks stand out for steadiness. Any give-back of the leading quality growth names wouldn't be easily absorbed by the broader market.
Persons: iShares, WW Grainger, Berkshire Hathaway, Goldman Sachs, FactSet, Michael Gates, Ed Yardeni, it's, Jerome Powell Organizations: Costco, Nasdaq, Nvidia, Microsoft, Apple, Visa, Mastercard, Nike, Bank of America, Citi, Invest, BlackRock's, Yardeni Research Locations: industrials, Berkshire
All three major averages posted gains for the third consecutive week, lifted by solid quarterly earnings and positive economic data. Earnings season ramps up next week, with five of the Super Six mega-cap stocks delivering results. Employment numbers are the most important economic data, with Friday's January nonfarm payrolls report carrying the most weight. The January ISM Manufacturing report on Thursday and December's factory orders report Friday are expected to show the sector still in contraction mode. But earnings and commentary this week from peer Sartorious made us encouraged about a return to growth in 2024.
Persons: nonfarm, December's, Sartorious, We've, Stanley Black, Decker, We're, We'd, Royal Philips, Crane, Woodward, ServisFirst, Cadence Bancorporation, CADE, Johnson, Phillips, Avery Dennison, Columbus McKinnon, Robinson, SIRI, Cardinal Health, Parker, DOV, Pitney Bowes, Ferrari N.V, CSW, COLM, W.W, Grainger, Dwight Co, Jim Cramer's, Jim Cramer, Jim, Tim Cook, Justin Sullivan Organizations: Gross, Procter, Gamble, Gillette, Super, Consumer, JPM Healthcare, Amazon, Microsoft, Honeywell, Aerospace, Solutions, Apple Watch, Masimo, Vision Pro, Franklin Resources, Resource Partners, Bank of Marin Bancorp, Bank7 Corp, Pacific Premier Bancorp Inc, Provident Financial Holdings, Dynex, Cliffs Inc, Nucor Corp, Whirlpool Corp, F5 Networks, Capital Southwest Corp, Harbors Investment Corp, Crane Co, Payne, Equity, Heartland Financial, Cadence, FinWise Bancorp, Five Star Bancorp, PotlatchDeltic Corporation, Sanmina Corporation, Pfizer, General Motors Corp, United Parcel Service, JetBlue Airways Corporation, Smith Corp, Marathon Petroleum Corp, HCA Healthcare, Oshkosh Corporation, SYSCO Corp, Danaher Corp, Johnson Controls, M.D.C . Holdings, Commvault Systems Inc, Hope Bancorp, Hubbell Incorporated, Malibu Boats, Polaris Industries, Inc, Camden National Corp, Cambridge Bancorp, Microsoft Corp, Starbucks Corp, Devices, Electronic Arts Inc, Juniper Networks, Stryker Corp, Lending, Canadian, Canadian Pacific Kansas City Limited, Mondelez, Chubb Corporation, Modine Manufacturing, Partners, Management, Hawaiian Holdings, Manhattan Associates, Unum Group, UNM, Axos, Enova, Boston Properties, Boeing Co, Novo Nordisk, Mastercard Inc, Roper Technologies, Boston Scientific Corporation, MarketAxess Holdings, Fisher, Aptiv PLC, Hess Corp, Nasdaq, United Microelectronics Corp, Rockwell Automation, Teva Pharmaceutical Industries, Ltd, Avery, Avery Dennison Corp, Extreme Networks, Otis Worldwide Corporation, OTIS, Columbus, Columbus McKinnon Corp, Central Pacific Financial Corp, Brinker International, Fortive Corporation, Qualcomm, Technology, Metlife, Hanover Insurance, Barn Holdings, CONMED Corporation, DLH Holdings Corp, Meritage Homes Corporation, Honeywell International, Eaton Corp, Altria, Royal Caribbean Cruises Ltd, Merck, Co, Enterprise Products Partners, Dorian LPG, SiriusXM Holdings, Cardinal, Hannifin Corporation, Allegheny Technologies Incorporated, Tractor Supply Company, Trane Technologies, Dover Corp, Huntington Ingalls Industries, Brunswick Corporation, Dickinson, Canada Goose Holdings, Kirby Corp, WEC Energy Group, WestRock Company, Allegro MicroSystems, Ball Corporation, Broadridge Financial, BrightSphere Investment Group, CMS Energy Corp, Lancaster Colony Corp, Rogers Communications Inc, Sanofi, Apple, Atlassian Corporation, United States Steel Corp, Corp, Adtalem Global, Homes, DXC Technology Company, Eastman Chemical Company, Gen, Post Holdings, America, Columbia Sportswear Company, Exxon Mobil Corp, Chevron Corporation, Myers Squibb Co, CIGNA Corp, Regeneron Pharmaceuticals, Charter Communications, AON, Cboe, Dwight, Banco Santander, Jim Cramer's Charitable, CNBC, Apple Vision, Getty Locations: China, East, United States, Europe, Cleveland, Alexandria, California, Corning, Canadian Pacific, Teradyne, TER, Novo, Hanover, PBI, Skechers U.S.A, Bristol, Chile
Advertisement"I don't want to doubt this market," Salama said. Stocks will pause soon but still have upsideFollowing a brief consolidation period in early January, the S&P 500 has taken off again and set a streak of record highs. Chances are, the S&P 500 will top out around current levels of 4,900, Salama said. Even if the S&P 500 takes a hit, Salama doesn't think it will be down for long. Within the consumer discretionary sector, Salama expressed interest in e-commerce, cloud computing, and media powerhouse Amazon ( AMZN ).
Persons: , John Salama, wasn't, Salama, we've, Stocks, It's, Salama doesn't, Russell, he's Organizations: Service, Business, Dow Jones, Microsoft, Netflix, Nvidia, Devices, Apple, AMD, Communication, Healthcare Locations: what's
The FAA subsequently grounded all models of the Boeing 737 Max 9 after the incident, leading to flight cancellations and frustration among airline executives. "Let me be clear: This won't be back to business as usual for Boeing," FAA Administrator Mike Whitaker said in a Wednesday statement. The agency has halted all further expansion production on Boeing 737 Max 9s until it is "satisfied" that the aircraft's quality control issues are resolved. In-house safety inspections of Alaska Airlines's fleet of Boeing 737 Max 9s following the initial incident revealed that there were "many" loose bolts found on the jets. The FAA's new safety guidelines for the 737 Max 9s come after a review of data stemming from 40 inspections of the grounded planes, the agency said.
Persons: , Mike Whitaker, Max, Whitaker, Stan Deal Organizations: Service, Boeing, Max, Alaska Airlines, Business, Federal Aviation Authority, FAA, National Transportation Safety Locations: Alaska Airlines's, Alaska
Only a few torn pieces of the crime scene tape around Lorenza Cano’s house are left. All that remains is the hope that Ms. Cano will be found. The 55-year-old activist is one of hundreds of women in Mexico who became advocates for the country’s disappeared population after their own loved ones went missing. Ms. Cano’s brother, José Francisco, was abducted in 2018 and never found. The abduction has highlighted one of Mexico’s most haunting national tragedies: a crisis of disappearances.
Persons: Cano, Cano’s, José Francisco Locations: Mexico, Salamanca, Mexico’s, Guanajuato
The S&P 500 rose for nine straight weeks, its longest winning streak since 2004, as optimism built about future interest rate cuts. Stoltzfus predicted that S&P 500 earnings will end 2024 between $240 and $250. "Just about everything that you buy costs more today than it cost in 2019, 2020, before 2021 when this started taking hold, except for stocks," Stoltzfus said. Another argument that's more widely discussed is that last year's gains were driven by a handful of large growth stocks. "Some, on a multiple basis, are considerably cheaper outside of Big Tech," Stoltzfus said.
Persons: John Stoltzfus, Stoltzfus, he's, It's, Ameriprise's Anthony Saglimbene, DWS Group's David Bianco, Goldman Sachs, Tesla, , Oppenheimer, Stocks, that's, it's Organizations: Business, Oppenheimer Asset Management, University of Michigan, Stoltzfus, Apple, Microsoft, Netflix, Nvidia, Big Tech, Software, isn't, Facebook, Google Locations: industrials
Alphabet shares climbed to a record on Thursday, joining Microsoft and Meta , which have continued to rally since reaching fresh all-time highs earlier this month. Shares of Alphabet rose 2.1% to close at $151.87. The rally comes ahead of quarterly earnings reports next week from the mega-cap tech companies. Alphabet shares jumped 58% last year and are now up 8.7% to start 2024. Microsoft leads Alphabet in the cloud-computing market, though it still trails Amazon Web Services.
Persons: Meta, Piper Sandler Organizations: Microsoft, Meta, Apple, Investors, Mizuho Securities, LSEG, Nvidia
Every weekday the CNBC Investing Club with Jim Cramer releases the Homestretch audio feature in time for the last hour of trading on Wall Street. Since there's no specific news on the stock moves and it could be that investors were taking some profits after their big runs. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, Stocks, Eli Lilly, Estee Lauder, LVMH, Ford, Tesla, Jim, Dupont, it's, Jim Cramer's Organizations: CNBC, Broadcom, Tesla, Federal Trade Commission, Microsoft, Wynn Resorts, Vegas Sands, Macao, ICE, Costco, Dow Inc, Dow, Jim Cramer's Charitable Locations: China, Palo Alto
In an hour long video presentation, Publicis execs laid down the AI gauntlet to its competitors as Madison Avenue reckons with how AI technology will transform — and challenge — the ad business. It bought first-party data platform Epsilon in a $4.4 billion 2019 acquisition. "We're in such a fantastic position to leverage AI better than our competition," said Carla Serrano, Publicis Groupe global chief strategy officer in an interview. "There's no such thing as AI without great data and we have connected, proprietary data, and we're a platform company," she added. Publicis said it plans to invest 100 million euros, around $109 million, in building the AI platform in 2024.
Persons: Groupe, execs, Publicis, CoreAI, Sapient, Carla Serrano, Serrano, Michael Farmer Organizations: Business, Madison, reckons, Microsoft, Labs, Epsilon, WPP, Havas, Publicis Groupe, Google, Tech
Right now, they are the most attractive part of the market, trading at a 25% discount, he noted. "Initially, small caps were hit the hardest during the early stages of the pandemic," Sekara said. "I think a lot of people just worried if those companies would actually survive the pandemic or not, just because as small-cap stocks, they didn't have the same financial wherewithal as large-cap stocks." AdvertisementWhy small caps now? AdvertisementBelow are seven stocks from Morningstar's list of small-cap value stocks with five-star ratings.
Persons: , it's, Dave Sekara, Sekara, Morningstar Organizations: Service, Business, Google, Apple, Microsoft, Nvidia, Morningstar
Here then are our top stocks since our last meeting, from the Dec. 19 market close through Tuesday's trading session. NVDA YTD mountain Nvidia (NVDA) year-to-date performance Coming in at No. META YTD mountain Meta Platforms year-to-date performance Meta finished third, with shares rising 9.9% as Wall Street analysts anticipate a brighter outlook for the digital advertising market in 2024. LLY YTD mountain Eli Lilly (LLY) year-to-date performance Fourth on our list of top performers is Eli Lilly . GOOGL YTD mountain Alphabet (GOOGL) year-to-date performance Alphabet and Broadcom shares both jumped 7.6% over the last month, tying for No.
Persons: Dow, Bausch, Mark Zuckerberg, We're, Exchange Commission's, Palo, Jim Cramer, Meta, Cowen, there's, Jim, Eli Lilly, LLY, David Ricks, Jim Cramer's, Stocks, Spencer Platt Organizations: Big, Apple, Barclays, Bausch Health, Nvidia, Meta, Palo Alto Networks, Palo, Securities, Exchange, SEC, Microsoft, JPMorgan, Microsoft's, Wall, U.S, Facebook, Jefferies, Broadcom, CNBC, Traders, New York Stock Exchange, Getty Locations: Big Tech, U.S, Palo, New York City
Takeaways from Netflix's playbook
  + stars: | 2024-01-24 | 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 EmailTakeaways from Netflix's playbookCNBC's Deirdre Bosa joins 'The Exchange' to report on Netflix's business strategy, mega-cap Q4'23 earnings anticipations, and more.
Persons: playbook, Deirdre Bosa
Trade Tracker: Stephanie Link buys more Amazon
  + stars: | 2024-01-24 | 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 EmailTrade Tracker: Stephanie Link buys more AmazonStephanie Link, Hightower chief investment strategist and portfolio manager, joins CNBC's "Halftime Report" to share her latest mega-cap move.
Persons: Stephanie Link, Hightower
But geopolitical tensions are growing and Wall Street appears to be underestimating their potential impact on the global economy and markets. The United States and China are squabbling about trade, particularly high-powered AI chips that both believe carry consequences for national security. Less trade could mean lower supplies to meet demand — and that could be bad news for inflation around the world. Bank of America also gave geopolitical risk a top spot on its list of surprises that could affect markets in 2024. It’s the worst start to a year for Chinese stocks since 2016, when investors were ditching their holdings following a market crash in 2015.
Persons: , , Jamie Dimon, dory, he’s, Anna Cooban, Laura He, Hong, Premier Li Qiang, Ken Cheung, Catherine Thorbecke Organizations: New, New York CNN, Dow Jones, Federal Reserve, BlackRock, Shipping, CNBC, Economic, Bank of America, Center for Strategic, International Studies, Apple, Google, Microsoft, Meta, Nvidia, , Shenzhen Component, Premier, Mizuho Bank, MIT’s Computer, Artificial Intelligence Locations: New York, Russia, Ukraine, United States, China, Taiwan, Suez, Iranian, Pakistan, Iran, Europe, Asia, Drewry, Yemen, Davos, Switzerland, Wall, Shanghai, Shenzhen
The Dow Jones and S&P both hit all time highs with the Dow Jones closing over 38,000 points for the first time ever as stocks continue to rise. Futures tied to the tech-heavy Nasdaq 100 climbed Tuesday evening after Netflix reported its subscriber count reached a new record in the fourth quarter. Nasdaq 100 futures rose 0.26%, while S&P 500 futures gained 0.19%. Dow Jones Industrial Average futures inched up just 24 points, or 0.06%. Fourth quarter gross domestic product will also be released later in the week.
Persons: Dow Jones, Jamie Lumley, Dow Organizations: New York Stock Exchange, Futures, Netflix, Nasdaq, Dow Jones Industrial, Revenue, Third Locations: New York City
Logo for ZEE5, an over-the-top platform of Zee Entertainment Enterprises. Shares of India's Zee Entertainment fell 31% on Tuesday after a division of Japanese tech giant Sony scrapped plans for a merger. Sony first proposed to combine its India entertainment business with Zee in December 2021. Those negotiations collapsed after more than two years. On Monday, Sony said that it terminated the merger because "among other things, the closing conditions to the Merger were not satisfied" by the agreed closing date.
Organizations: Zee Entertainment Enterprises, India's Zee Entertainment, Sony, Zee Locations: India
He also secures full ownership of his stage name, “The Rock,” as part of the deal. I’ve been there, I’m still there and this is for them.”The TKO board now has 13 members, following Tuesday’s appointment of Groupon co-founder Brad Keywell as well. “Very few people on the planet understand the convergence of sports, entertainment, media, and business like Rock,” Vince McMahon, executive chairman of TKO’s board said. The show will begin streaming live January 2025. WWE had an early foray into the streaming business but largely failed to win enough subscribers to support itself.
Persons: New York CNN — Dwayne “, ” Johnson, , Johnson, Johnson’s, I’ve, I’m, Groupon, Brad Keywell, ” Vince McMahon, , Mark Shapiro Organizations: New, New York CNN, Holdings, WWE, UFC, Netflix, ZOA Energy, Seven Bucks, United Football League, World Wrestling Entertainment, Endeavor Group, Endeavor, Comcast’s USA, NBC Locations: New York
There's another reason to be bullish on Royal Caribbean , according to several Wall Street analysts. Morgan Stanley analyst Jamie Rollo called Icon of the Seas a "record-busting spectacle of superlatives," and believes it will be a big driver of profits. That implies a 50% yield premium to the broader Royal Caribbean fleet, Rollo wrote in a note Monday. Morgan Stanley has an equal weight rating on Royal Caribbean. RCL 1Y mountain Royal Caribbean's one-year performance It is also another step by Royal Caribbean to tap into the ongoing trend of multigenerational travel.
Persons: Morgan Stanley, Jamie Rollo, Rollo, James Hardiman, it's, Matthew Boss, Robin Farley, Farley, — CNBC's Michael Bloom Organizations: Royal, cabanas, Royal Caribbean, Citi, JPMorgan, UBS, Royal Beach Club Locations: Hideaway, Royal Caribbean, Bahamas
But the criticism of millennial management may be a bit unfair, experts say. Many self-described millennial managers also seemed to identify with the behavior, saying they tried not to pass down any negativity to their workers. The verdict seemed to be in: "millennial managers" are the worst. AdvertisementIyyani told BI that he thinks some aspects of the "millennial manager" stereotype may actually be welcomed by some workers. "While I won't daresay all millennial managers have this approach, this sure seems to be the desired change on the ground from leaders.
Persons: , Rob, , — Dimitrius Jones, Vivek Iyyani, Zs, Gen X, Christopher Littlefield, Littlefield, It's, Gen, Iyyani Organizations: Service
Two sets of twins who married one another have riveted TikTok with their unique love story. The relationships progressed "really quickly," Kerissa told BI, chalking the connections up to "destiny," adding that she moved in with Jacob and Lucas three months after meeting. "We only went on one date before we all were like, 'Yep, we're together, this is it,'" Kerissa told BI. Kerissa told BI that while Adrian doesn't necessarily feel like her own daughter, it's strange to think both girls share the same DNA. "If you were on Ancestry.com and you put our DNA in, Adrian would come up as my child as well, which is weird," Kerissa told BI.
Persons: they're, , Sealby, nabbing, Jacob, Lucas, Kerissa, Venessa, Sophie, They're, Adrian, Adrian doesn't, I'm Organizations: Service, Olympic Locations: Southern Oregon, New York
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. The S & P 500 started the new week building on Friday's record high. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, Dow, Jim, Tesla, Eli Lilly, Lilly, Linde, Stifel, Jim Cramer's Organizations: CNBC, Nasdaq, Apple, Microsoft, Nvidia, Jim Cramer's Charitable
The long wait between S & P 500 all-time highs is a friendly factor for forward performance, as far as historical observations go. John Kolovos of Macro Risk Advisors says, "It is OK to be bullish on the stock market (S & P 500) just not the market of stocks (everything else)," from a trend-following perspective. Barry Knapp of Ironsides Macroeconomics calculates that the equal-weight S & P is one standard deviation cheap versus the market-cap-weighted index. Remarkably, the S & P 500 first pushed above 19-times forward earnings exactly four years ago, right before the Covid crash. Well, the S & P 500 has delivered an annualized total return near 11% in the four years since.
Persons: Ned Davis, Wayne Whaley, Whaley, I've, haven't, John Kolovos, Barry Knapp, Knapp, USTs, it's, hasn't Organizations: Ned Davis Research, Foresight, Federal, noncommittal, Nvidia, Nasdaq, Deutsche Bank
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