With consumers getting more selective on how and where they vacation, cruise lines are fighting for Americans’ tourist budgets. Royal Caribbean thinks shortening trips and packing the days with activities and exclusive opportunities will keep customers hooked. “I think we are an experience-driven mindset,” Royal Caribbean CEO Jason Liberty told CNBC’s “Squawk on the Street” … Read more
CNBC’s Jim Cramer guided investors through this week’s most important Wall Street action, highlighting earnings reports from Micron, Walgreens and General Mills. Cramer said Monday was tough for Big Tech, but he expressed continued faith in the success of the mega caps in the sector. “The reason why we pay so much for the mega … Read more
A customer walks through The Home Depot store on February 20, 2024 in Austin, Texas. Brandon Bell | Getty Images The state of the consumer in 2024 is already taking shape — even before the country’s major retailers begin to report first-quarter earnings, starting with Home Depot and Walmart next week. There are signs that … Read more
Aerial view of the Viking Jupiter cruise ship anchored in the port of Montevideo, on January 5, 2022. Ivan Pisarenko | AFP | Getty Images Viking is not your typical cruise operator. Aboard its smaller, upscale vessels, you won’t find any kids. In fact, the cruise line doesn’t hide the fact that it is going … Read more
Americans are cruising again — and at record-breaking levels. Carnival, Norwegian and Royal Caribbean all reported entering the year with record highs for individual bookings and cruise pricing. It’s an impressive turnaround after the industry was largely halted for 15 months after the Centers for Disease Control and Prevention issued a no-sail order in March … Read more
The Norwegian Viva is docked at PortMiami’s Terminal B ahead of its christening ceremony on Nov. 29, 2023, in Miami. Richard Tribou | Tribune News Service | Getty Images Norwegian Cruise Line Holdings on Tuesday reported its first profitable year since 2019 as fourth-quarter losses narrowed dramatically. The cruise company reported strong growth and ticket … Read more
CNBC’s Jim Cramer on Friday guided investors through next week’s market action, advising them to pay attention to earnings reports from companies including Salesforce, Snowflake and Domino’s. “I don’t know if the rosy hue from Nvidia has staying power for next week,” Cramer said. “But there are plenty of good companies here that can carry … Read more
The Carnival Radiance cruise ship at the Avalon, California, harbor on May 19, 2023. Aaronp/bauer-griffin | Gc Images | Getty Images Carnival announced Tuesday it would reroute cruise itineraries for a dozen ships scheduled to transit the Red Sea as tensions rise in the Middle East. “Given recent developments and in close consultation with global … Read more
