Royal Caribbean rides ‘wave’ to record bookings after smaller loss
Royal Caribbean Group (RCL.N) said on Tuesday it was set for record bookings during the January-March period after the company posted a smaller-than-expected quarterly loss on pent-up travel demand. Shares of the company rose about 5% in early trade as investors were encouraged by the latest sign of the industry sailing out of the pandemic-induced…
Read articleTesla gains amid M Science report on high demand for Model Y in U.S.
Tesla (NASDAQ:TSLA) rose 11% after a similar gain on Thursday amid a research report about high demand for the EV maker’s Model Y in the U.S.Tesla total configurations (ex-Cybertruck) are on track to be up Y/Y and M/M based on data through Jan. 23, primarily driven primarily by high demand for the Model Y, according…
Read articleEatertainment is ‘a little weird and playful’ — and ready to explode
It’s the middle of the afternoon on a workday — not quite peak lunch hour, yet the new, massive Topgolf in Louisville, Ky., is packed. Nearly all of the hitting bays throughout the three-floor facility are filled with consumers across demographics who are either there to celebrate something, or just because. The building and driving…
Read articlePeloton: The Problem is The Product
Peloton is a company that has been criticized heavily for its solvency issues.With a debt/equity ratio of 9.3, those criticisms have certainly been merited.However, its real problem is that it launched a product that only made sense in the context of COVID-19 lockdowns.The pandemic resulted in gyms shutting down, leading many people to buy home…
Read articleThis Is My Highest-Conviction Stock to Buy Before 2022 Ends
It’s disrupting a huge industry, and it just hit a new all-time low.Picking market-beating stocks in a volatile economic environment is no easy feat, especially as some economists are calling for a deep recession next year. In an uncertain environment, though, it’s always smart to look for stocks with sustainable competitive advantages, attractive valuations, and…
Read articleActivision ticks higher amid positive `Call of Duty’ data points
Activision (NASDAQ:ATVI) ticked up almost 1% at least partly after a report that’s positive on the latest “Call of Duty” release. M Science sees “Call of Duty” capturing share and creating headwinds for Electronic Arts’ (EA) Apex Legends and others.
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