In a Thursday interview with CNBC’s Jim Cramer, Viking Holdings CEO Torstein Hagen said his cruise line’s target audience — people 55 and over — has served the company well. “Of course, it’s great to take your grandkids…on the big ship,” Hagen said. “Our guests are people who are tired of all that. They’re tired … Read more
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
Wells Fargo is breaking out of its lending roots. The bank has quietly gone on a hiring spree to grab a bigger slice of the profitable investment banking business long dominated by its Wall Street rivals. Since the start of 2023, a CNBC analysis found that Wells Fargo made at least 17 senior-level hires in … Read more
CNBC’s Jim Cramer on Thursday reviewed the initial public offering of Viking, a cruise line whose market debut this week was the biggest of the year so far. And despite its hefty price tag, Cramer said he’s willing to endorse the stock. “Even though Viking’s somewhat hot start has made its stock more expensive than … Read more
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We’re no longer recording the audio, so we can get this new written feature to members as quickly as possible.) Market check: Stocks surged Wednesday afternoon … 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
