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☆ Here are Wednesday's biggest analyst calls: Micron, Meta, McDonald's, Tesla, Apple, Amazon & more
▼ + stars: | 2023-03-29 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Goldman Sachs upgrades Hartford to buy from neutral Goldman the insurance company could "surprise to the upside." Goldman Sachs upgrades Marathon Petroleum to buy from neutral Goldman said the petroleum company has a "best-in-class capital returns story." Bernstein reiterates Apple as market perform Bernstein said it's standing by its market perform rating after Apple debuted Apple Pay Later on Tuesday. Guggenheim reiterates McDonald's as buy Guggenheim says it sees "substantial" near-term and long-term upside for McDonald's. Goldman Sachs reiterates Regions Financial and Fifth Third as buy Goldman said in a note Wednesday that several regional banks are key beneficiaries of the larger bank fallout.

☆ Stocks making the biggest moves midday: Lululemon, Micron, Carnival, Foot Locker & more
▼ + stars: | 2023-03-29 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

Micron Technology — The semiconductor manufacturer added 5.3% after management said it was planning a bigger headcount reduction than previously expected. Carnival — Shares gained 3.6% after being upgraded by Susquehanna to positive from neutral. The move comes a day after the stock gained 6.1% following an upgrade by Wells Fargo to equal weight from underweight. Urban Outfitters , Burlington Stores , Foot Locker , Ross Stores — Shares of major retailers declined Wednesday after UBS downgraded the group to sell from neutral. Petco — Shares of the pet health and wellness company gained 5% after CEO & Chairman Ron Coughlin disclosed a 61,000 share purchase.

☆ Republicans are more likely to go on a cruise right now than Democrats
▼ + stars: | 2023-03-28 | by ( Hannah Towey | ) www.businessinsider.com time to read: +3 min

A recent survey suggests Republicans are more likely to take a cruise right now than Democrats. In a December 2022 survey of 1000 US adults, 35% of Republican respondents said they were "very comfortable" going on a cruise today, a level of enthusiasm shared by only 12% of Democrats. On the flip side, 40% of Democrat respondents said they were "very uncomfortable" going on a cruise ship, nearly double that of Republican respondents. Taking a cruise vacation wasn't always politically polarized — 16% of Democrat respondents said they had gone on a cruise prior to the COVID-19 pandemic, just a few percentage points less than Republican respondents. With this month marking three years since the onset of the pandemic, industry executives claim cruise demand has officially returned to 2019 levels.

☆ Stocks making the biggest moves midday: Micron, Paramount, McCormick and more
▼ + stars: | 2023-03-28 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

Check out the companies making headlines in midday trading Tuesday. Micron Technology — The semiconductor stock was down 2.8% ahead of its scheduled second-quarter earnings report after the bell on Tuesday. Paramount — Shares of the media giant gained 3.6% during midday trading on a rating upgrade from Bank of America from neutral to buy. McCormick & Company — The spice maker's stock price jumped about 10% during midday trading after reporting better-than-expected earnings for the first quarter. Walgreens posted revenue of $34.86 billion for the most recent quarter, compared to analysts' estimates of $33.53 billion, according to Refinitiv.

☆ Here are Tuesday's biggest analyst calls: Apple, Tesla, Dick's, Ulta, Bowlero, Carnival & more
▼ + stars: | 2023-03-28 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Here are Tuesday's biggest calls on Wall Street: Barclays reiterates Apple as equal weight Barclays said Apple advertising on its own apps is very underappreciated. Bank of America upgrades Paramount to buy from neutral Bank of America said the media company has a "unique collection of assets." Bank of America downgrades Fox to neutral from buy Bank of America said it sees a lack of near-term catalysts for Fox . Wells Fargo upgrades Carnival to equal weight from underweight Wells said it sees a more balanced risk/reward for the cruise operator. Morgan Stanley reiterates Dick's as overweight Morgan Stanley said shares of Dick's are undervalued. "

☆ Carnival’s Ship Will Come In Eventually
▼ + stars: | 2023-03-27 | by ( Spencer Jakab | ) www.wsj.com time to read: 1 min

The outlook for Carnival presented Monday was encouraging. Unlike its customers, Carnival Corp. shareholders should focus on the destination, not the journey. Many expected the world’s largest cruise line to be profitable again three years after the arrival of the Covid-19 pandemic with so much of the tourism and leisure sector booming. They will have to wait a little bit longer for this very capital-intensive business to get there. The company lost money in its fiscal first quarter ended Feb. 28 and might still be in the red for the year as a whole as it unloads the financial ballast picked up since the global health emergency.

March 27 (Reuters) - Cruise operator Carnival Corp (CCL.N), (CCL.L) on Monday reported a smaller-than-expected quarterly loss and beat estimates for revenue, helped by resilient demand for leisure travel, higher ticket prices and strong on-board spending. Carnival also benefited from easing of on-board COVID-19 protocols that ensured strong spending in casinos and spas. On-board and other revenue came in at $1.56 billion and accounted for 35% of the total revenue in the first quarter. The company posted an adjusted net loss of 55 cents per share in the quarter, compared with estimates of a loss of 60 cents per share, according to Refinitiv. The company expects an annual loss between 28 cents per share and 44 cents per share, compared with estimates of a loss of 8 cents.

☆ We've seen no sign of slowdown, says Carnival Corp CEO Josh Weinstein
▼ + stars: | 2023-03-27 | 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 EmailWe've seen no sign of slowdown, says Carnival Corp CEO Josh WeinsteinCNBC's Sara Eisen talks to Carnival Corp CEO Josh Weinstein on 'Squawk on the Street' to discuss his thoughts on the company's future as it beat Q1 estimates.

☆ A credit crunch could worsen the bank turmoil and commercial real estate could be next domino to fall
▼ + stars: | 2023-03-27 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

Odds are, commercial real estate is the next shoe to drop for the banking sector after this month's unrest. "Commercial real estate [is] widely seen as next shoe to drop as lending standards for CRE loans to tighten further," BofA's Michael Hartnett said. Regional banks have enormous exposure to commercial real estate loans. But this time around, it is commercial rather than residential real estate that may be in trouble. Are you worried about the impact of commercial real estate on the banking sector and the economy?

☆ Stocks making the biggest midday moves: Coinbase, First Citizens, Roku and more
▼ + stars: | 2023-03-27 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

First Citizens BancShares — The Raleigh, NC-based bank soared 50% after agreeing to buy Silicon Valley Bank's deposits and loans. Roku — Shares of the media platform jumped more than 4% after Susquehanna upgraded it to positive from neutral. The Wall Street firm said it continues to see Roku as "a prime beneficiary of the secular shift of linear budgets." It reaffirmed revenue of $2.95 billion to $3 billion, compared to $3 billion expected by analysts, per StreetAccount. Marqeta — The payments stock jumped nearly 10% after Wolfe Research upgraded it to outperform from peer perform.

☆ Morning Bid: Brittle banks find a berth
▼ + stars: | 2023-03-27 | by ( ) www.reuters.com time to read: +4 min

With few fresh weekend developments on the European bank stock rigor late last week, European bourses and bank stocks found a level too. Deutsche Bank, whose stock lurched lower on Friday amid fears about rising bank funding costs, regained about 3% on Monday. Deposits at small banks fell by $120 billion in the week to March 15, while borrowing jumped $253 billion. Economists polled by Reuters expect the headline year-on-year inflation rate to have cooled to 7.2% from 8.5% in February. * U.S. Treasury auctions 2-year notes* U.S. corporate earnings: CarnivalReuters GraphicsReuters Graphics Reuters GraphicsReuters GraphicsReuters GraphicsBy Mike Dolan, editing by Ed Osmond, <a href="mailto:mike.dolan@thomsonreuters.com" target="_blank">mike.dolan@thomsonreuters.com</a>.

☆ The Street awaits key inflation report next week as banking worries persist
▼ + stars: | 2023-03-25 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

The personal spending and income report, out this coming Friday, has the Federal Reserve's preferred measure of inflation: the core personal consumption expenditure (PCE) price index. In comparison, the consumer price index (CPI), released this past week, only tracks price changes over time. It was a positive week for the major averages, despite some midweek volatility driven by comments from Treasury officials. The PCE price index and other inflation reports face heightened scrutiny in the coming months as the market is becoming more at odds with the Fed's base case. ET: Gross Domestic Product; Price Index Friday, March 31 Before the bell: 8:30 a.m.

☆ Buy this risky cruise stock before earnings next week, Stifel says
▼ + stars: | 2023-03-24 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

The recent sell off in Carnival Corp. has created an opportunity before the cruise operator reports earnings on Monday, according to Stifel. The cruise line operator's stock was down 13.2% this month, through Thursday's close. Based on Carnival's history of providing super-conservative initial guidance, Wieczynski is forecasting the cruise line's full-year EBITDA forecast will be $4.0 billion-$4.3 billion. CCL 5Y mountain Carnival's five-year performance Carnival's stock has been volatile since the start of the Covid pandemic, which shut down the cruise industry. But long term, he also believes Carnival is a buy, based on the resilience of core consumer demand for the global cruise industry's offerings.

☆ Bank fears will likely lead to even more market volatility in the week ahead
▼ + stars: | 2023-03-24 | by ( Patti Domm | In | ) www.cnbc.com time to read: +8 min

Market turbulence could reign supreme once again in the week ahead, as investors worry about the potential for more trouble rippling through the banking system. The broader market was initially under pressure Friday as investors became jittery about Deutsche Bank . "The market is saying: 'You, the Fed, do not appreciate the slowdown that is going to hit us,'" Chandler said. "The market is going to do a lot better and it held onto its gains despite all the things that rocked the market. He added that market concern about banks has risen, and there is concern credit tightening will hurt the economy.

☆ Hyundai, Kia warn 570,000 U.S. owners to park outside until recalls completed
▼ + stars: | 2023-03-23 | by ( David Shepardson | ) www.reuters.com time to read: +1 min

WASHINGTON, March 23 (Reuters) - Hyundai (005380.KS) and Kia (000270.KS) are recalling just over 570,000 U.S. vehicles over fire risks and urged owners to park outside and away until getting repairs. The automakers said some vehicles with a tow hitch harness could catch fire due to a short circuit. The models covered are 2022-2023 model year Hyundai Santa Cruz, 2019-2023 Santa Fe, 2021-2023 Santa Fe Hybrid, 2022-2023 Santa Fe Plug-in Hybrid, and 2022-2023 Kia Carnival. Hyundai and Kia dealers will install new fuse and wire extension kits to address the issue. Hyundai said as an interim repair, dealers will inspect the tow hitch module and remove the fuse as necessary.

☆ UBS' uber-rich clients don't want to share the wealth (managers)
▼ + stars: | 2023-03-23 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

Among the key things to remember was reopening the steam room at exactly 3:30 p.m. after its cleaning. Hayley has all the details from rich clients as well as industry analysts about why this whole thing could spell disaster. It's still early days, but the UBS-Credit Suisse deal might be the best example of something that makes sense on paper, but doesn't work in reality. Read more about why UBS acquiring Credit Suisse could lead to more headaches than huge wins for the Swiss wealth behemoth. And since we're talking BBQ, I'm required to share the funniest tweet in the history of Twitter.

☆ Top 10 things to watch in the stock market Monday: Banks, Nvidia, Starbucks
▼ + stars: | 2023-03-20 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

The market puts about 60% odds on a quarter-point rate hike and 40% odds on no hike as policymakers watch of the unfolding banking struggles. Sign up for my Top 10 morning thoughts on the market email newsletter for free 2. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

☆ Here are Monday's biggest analyst calls: UBS, Netflix, First Republic, Carnival, Meta, Amazon & more
▼ + stars: | 2023-03-20 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Morgan Stanley reiterates Match as a top pick Morgan Stanley said it sees more industry growth for stocks such as Match. Deutsche Bank upgrades Kimberly-Clark and Conagra to hold from sell Deutsche upgraded several staples manufacturers mainly on valuation. Deutsche Bank upgrades Dow to buy from hold Deutsche said the "worst is behind us." Morgan Stanley reiterates First Republic as underweight Morgan Stanley said it sees too many negative outcomes for First Republic. Bank of America reiterates Nvidia as buy Bank of America said it's bullish heading into Nvidia's flagship AI and tech conference this week.

☆ These are our two preferred scenarios for the Fed's big March meeting next week
▼ + stars: | 2023-03-18 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

Two things will capture all the market's attention in the coming week: The Federal Reserve's March meeting and the government's ongoing attempt to quell worries about the banking system. If it raises, Powell should speak softly; no raise and Powell should strongly remind the market that the work isn't done. Still, for the week, U.S. stocks fared better, with the S & P 500 rising 1.5% and the Nasdaq gaining 4.5%. On Thursday, initial jobless claims for the week ended March 11 came in at 192,000, a decrease of 20,000 from the prior week and below the expected 205,000. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ I took a cruise around the Mediterranean. Here are 5 things that surprised me — from the coffee to the navigation.
▼ + stars: | 2023-03-16 | by ( Christian Mayer | Nathan Rennolds | Business Insider Deutschland | ) www.businessinsider.com time to read: +4 min

Insider's Christian Mayer took a trip around the Mediterranean on the AIDAblu cruise ship. I recently booked a spontaneous weeklong cruise with the German cruise line Aida Cruises, a subsidiary of Carnival Corporation and PLC, one of the largest cruise companies in the world. The cruise sailed around Italy and Malta, starting off in Civitavecchia, a town on the west coast of Italy near Rome. A tiny ship approached the outer wall of our huge cruise ship, and, in whipping winds, the pilot climbed an outer ladder onto our ship. The ship served Starbucks coffeeThe price of the cruise included filter coffee with breakfast.

☆ Themed cruises are more popular than ever and it's leading to ships selling out in record time
▼ + stars: | 2023-03-16 | by ( Brittany Chang | ) www.businessinsider.com time to read: +6 min

Norwegian Cruise Line's themed cruises have been selling out in record time and Holland America plans to grow its partnership with charter companies. The passionate fans help cruise lines fill up ships and are some of the most loyal in the industry. Will ByingtonThese repeat bookings are music to the cruise lines' ears — it's a mutually beneficial operation for both the themed cruise production companies and the cruise lines themselves. To pull off these festivals at sea, themed cruise providers charter full ships from various cruise lines. "I think the themed cruise industry is going to grow even faster [than the general cruise industry]," Hearing said.

☆ I designed the hat Beyoncé wore in the Renaissance tour promo. Now I'm working up to 15 hours a day to meet my Etsy waitlist of 6,000.
▼ + stars: | 2023-03-14 | by ( Jenny Powers | ) www.businessinsider.com time to read: +6 min

Now Misbin works 12 to 15 hours a day to keep up with the waitlist of 6,000 for the disco-ball hat. On February 1, I sold 70 disco-ball hats at an increased price of $350 each. I'm a hat decorator first and foremost, and I'm not willing to sacrifice the quality of my product to sell more of them. Thanks to their help, I've cut about an hour off the process of making a disco-ball hat, so at five hours per hat, I can usually make around 15 a week. At the end of the day, I didn't create the disco-ball hat.

☆ Holland America has unveiled more extended itineraries up to 59 nights long as travelers flock to longer cruises — see what they'll be like
▼ + stars: | 2023-03-10 | by ( Brittany Chang | ) www.businessinsider.com time to read: 1 min

And despite only being three months into the new year, major cruise lines like Carnival and MSC have already unveiled new extended cruises this year. The MSC Magnifica in Auckland in 2019. MSC CruisesSource: Insider, Insider

☆ Artists and labels are sliding songs into augmented-reality filters on TikTok, Snapchat, and Instagram to promote music
▼ + stars: | 2023-03-03 | by ( Dan Whateley | ) www.businessinsider.com time to read: +7 min

AR effects are on the rise on Snapchat, TikTok, and Instagram, appearing across billions of videos. Artists, labels, and music marketers are finding new ways to promote tracks via these AR filters. "If you do come up with a cool AR filter, it's easier for the regular user to create a TikTok with than to create a dance." "Artists will hire AR creators to make effects for specific pieces of music," Chris Barbour, Meta's AR partnerships director, told Insider. As with any trend on social media, originality is important for helping an AR effect spread, Yoder said.

☆ 5 major cruise liners say Elon Musk's Starlink internet will roll out on their ships this year for guest WiFi
▼ + stars: | 2023-03-03 | by ( Kate Duffy | ) www.businessinsider.com time to read: 1 min

Carnival Corporation in January announced it had agreed to install Starlink across its global fleet. Carnival cruise ship. Chiyacat/ShutterstockCarnival said in a statement it began rolling out Starlink on Carnival Cruise Line and AIDA Cruises ships in December last year. The company wants to expand Starlink to its other brands, including Princess Cruises, Holland America Line, P&O Cruises, and Seabourn, it added. The company said Starlink would provide faster and more reliable internet on its ships.

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