Group 1: Cruise Industry Performance - Cruise spending remains strong, with a year-over-year increase of 11.2% in November, while total travel spending fell by 2.0% [2] - Major cruise lines such as Royal Caribbean Cruises (RCL), Norwegian Cruise Line Holdings (NCL), and Carnival (CCL) saw stock increases of 5.5%, 5%, and 4.5% respectively, indicating positive market sentiment [1] Group 2: Oracle's Financial Performance - Oracle's stock dropped nearly 14% after reporting fiscal second-quarter revenue of $16.06 billion, which, despite being a 14% increase from the previous year, fell short of analysts' expectations [5][28] - The company achieved a record backlog of $523 billion due to new agreements with AI companies like Meta Platforms (META) and Nvidia (NVDA), but concerns about reliance on a few large customers persisted [4][28] Group 3: Micron Technology's Growth - Micron Technology's shares have surged over 200% this year, reaching record highs as analysts raise their price targets, driven by increasing demand for advanced memory chips used in AI applications [15][16] Group 4: Eli Lilly's Drug Trial Results - Eli Lilly's shares rose 2.5% following positive Phase 3 trial results for its obesity drug retatrutide, which showed significant weight loss and improvements in physical function for patients with knee osteoarthritis [24][25][26]
Dow Jones Today: Dow Sets All-Time High But Nasdaq, S&P 500 Fall as Oracle Results Drag AI Shares