Joining us now is David Steinberg. He's the CEO of Zeta Global. David, we're gonna maybe brand this as David Zeta data.What do you think. >> I don't know. My my wife and kids might like it, but the uh you know, as you've said, in the current environment, getting access to data is getting harder.And what we're seeing is more and more people looking at private indicacies like the Zeta Economic Index. Yeah, because with you know and now there's all this also it's not just that government data may not happen Da ...

Joining us now is David Steinberg. He's the CEO of Zeta Global. David, we're gonna maybe brand this as David Zeta data.What do you think. I don't know. My my wife and kids might like it, but the uh you know, as you've said, in the current environment, getting access to data is getting harder.And what we're seeing is more and more people looking at private indicacies like the Zeta Economic Index. Yeah, because with you know and now there's all this also it's not just that government data may not happen David ...

Core Insights - Carnival Corporation (CCL) raised its full-year outlook for the third time in 2025 after reporting better-than-expected third-quarter results, with booking volumes significantly outpacing capacity growth [1][8]. Financial Performance - Carnival reported third-quarter adjusted earnings per share (EPS) of $1.43 on revenue of $8.15 billion, surpassing analyst expectations of $1.32 EPS and $8.11 billion in revenue [9]. - The company anticipates adjusted net income to be nearly 55% higher than in 2024, amounting to $235 million more than its previous guidance in June [9]. - Adjusted EBITDA is projected to be around $7.05 billion, reflecting a 15% increase compared to 2024 and exceeding the June guidance of $6.9 billion [9]. Market Trends - Booking trends have strengthened since May, with higher booking volumes compared to the previous year, significantly outpacing capacity growth [5][4]. - Carnival has nearly half of 2026 booked, aligning with record levels from 2025 but at historically high prices in constant currency for both North America and Europe segments [4]. Revenue Projections - Despite strong bookings, Carnival's projection for passenger revenue fell short of analysts' estimates, with expected net yields rising by 5.3% in 2025, compared to the 5.79% increase anticipated by analysts [3][8]. - Net yields increased by 4.6% year-over-year in the third quarter [5].

Core Insights - Costco's stock experienced a 2.5% decline following the release of its fourth-quarter results, which, while solid, did not meet the high expectations set by its valuation [2][5] - Management's comments regarding a decrease in discretionary spending raised concerns among investors [2][5] Financial Performance - Same-store sales increased by 6.4% after adjusting for fuel prices and currency exchange, leading to total revenue of $86.2 billion, an 8% increase year-over-year, surpassing estimates of $86.1 billion [4] - Membership fee income rose by 14% to $1.72 billion, supported by a fee increase implemented a year ago, with global renewal rates at 90% [5] - Earnings per share grew by 11% to $5.87, exceeding the consensus estimate of $5.81 [5][6] Market Position and Valuation - Costco primarily generates revenue from essential items, but higher margins are associated with discretionary products such as electronics and furniture [7] - The company's price-to-earnings (P/E) ratio is around 50, which may exert pressure on the stock and create elevated expectations for future earnings reports [6][8] Future Outlook - Although management does not provide specific guidance, Costco's results are typically stable from quarter to quarter [8] - The company remains resilient, but it is not immune to potential economic downturns [8]

Las Vegas has seen a 7% decline in visitors through the first half of this year, a potential warning sign for the economy due to the discretionary nature of spending that make up much of the city's tourism. https://t.co/QNZVSVzCnQ ...

The pandemic-fueled boom in retro video game collecting appears to be over, leaving sellers struggling to move inventory and raising questions about the broader economic climate. What was once a red-hot market for classic games like Super Metroid and other nostalgic titles has cooled dramatically, with collectors on Reddit reporting difficulty selling items even below average market prices, according to discussions on the platform. The Pandemic Bubble Bursts The retro gaming market experienced explosive ...

Consumer Spending Trends - Bank of America Institute data indicates a 2% increase in debit and credit card spending in June [1] - While consumer spending rebounded in June, it didn't fully offset earlier declines, suggesting a cooling trend [2] - Lower-income households are primarily driving the pullback in spending, while higher-income household spending accelerated by 1.2% [5] - Discretionary travel spending is declining, but restaurant spending shows a dichotomy, with fewer households dining out but spending more per transaction [6][7] Income and Wage Growth - Higher-income households experienced accelerated after-tax wage growth, nearing 3%, for the third consecutive month [9] - Lower-income households saw decelerated after-tax wage growth, increasing by 1.6% compared to 1.8% previously [10] Credit Card Usage - Younger generations entering a challenging labor market are a focal point regarding credit card usage [11]

Core Insights - Target reported a 3.8% decrease in comparable sales for Q1 and anticipates a low single-digit decline in sales for fiscal 2025 [1] - The decline in sales is attributed to five consecutive months of declining consumer confidence and uncertainty regarding tariffs [2] - Target's comparable digital sales grew by 4.7%, while comparable store sales fell by 5.7% [4] Sales Performance - The company experienced a decline in both traffic and sales, particularly in discretionary categories [1] - Comparable store sales fell by 5.7%, contributing to the overall decline in sales [4] - Same-day delivery grew by 36%, and curbside pickup now accounts for nearly half of digital sales [5] Consumer Behavior - Consumers are becoming more cautious and focused on saving as they manage their budgets, influenced by declining consumer confidence [3] - There is a noticeable shift from discretionary spending to needs-based categories due to high inflation [2] Strategic Responses - To mitigate tariff impacts, Target is negotiating with vendors, reevaluating product assortments, changing production locations, and adjusting pricing as a last resort [3][4] - The company has reduced the share of its own brand products made in China from 60% in 2017 to 30% currently, with a goal of lowering it to under 25% by the end of 2026 [4] Financial Position - Target maintains a strong balance sheet and ample cash, allowing it to navigate near-term challenges while continuing to invest in new stores, remodels, and technology [6]

Core Insights - Two major retailers, Target Corp and Lowe's Companies Inc, reported mixed earnings results, leading to declines in their stock prices due to cautious outlooks and macroeconomic challenges [1] Target Corp - Target's stock decreased by 7% to $91.32 after missing first-quarter revenue estimates and lowering its full-year sales outlook [2] - The retailer reported earnings of $2.03 per share, exceeding estimates, but revenue of $24.53 billion fell short of the $24.52 billion consensus [2] - Year-to-date, Target's stock is down 32.4%, with its 50-day moving average hindering any rallies this month [2] Lowe's Companies Inc - Lowe's stock fell by 1.4% to $227.79, despite beating earnings expectations with first-quarter earnings of $2.92 per share, compared to the expected $2.88 [3] - Revenue for Lowe's was $20.93 billion, slightly missing expectations [3] - The company reaffirmed its full-year outlook, projecting earnings between $12.15 and $12.40 per share and comparable sales growth between flat and 1% [3] Options Activity - Both Target and Lowe's are experiencing heightened intraday options activity, with volumes at four times the average pace for each [4] - Target has seen 2,884 calls and 2,063 puts traded, while Lowe's has recorded 2,908 calls and 2,075 puts [4]

Talk about tariffs and the impact on the world economy seemingly appears in the news daily. The policy keeps changing, making it difficult for investors to assess companies' prospects. The world's economic health affects the cruise industry. After all, people aren't likely to shell out money for a vacation when they've either lost or fear losing their jobs. However, while it's difficult to block out current events, it's important for investors to think long-term. On that basis, which stock, Carnival (CCL 2. ...