Carnival Cruise Line - Carnival reported adjusted earnings per share (EPS) of $1.43, exceeding the expected $1.32, with revenue surpassing $8 billion at $8.2 billion, marking a record quarter for the company [2][3] - This marks the 10th consecutive quarter of record numbers for Carnival, indicating strong consumer spending on cruise experiences [3] - Bookings for Carnival are robust, with 2026 already about 50% booked, leading to a raised full-year profit forecast for the third time this year [4] - The company expects profits to increase by more than 50% year-over-year, with fourth-quarter profits anticipated to rise over 60% [5][6] - Carnival is also focusing on debt reduction and has improved fuel efficiency by 5%, which enhances margins and supports sustainability efforts [6][7] - The cruise industry, particularly Carnival, has shown significant stock performance, with Carnival up over 70% in the past year [8] Novo Nordisk - Novo Nordisk faced a downgrade from Morgan Stanley, moving from equal weight to underweight, with a price target cut to $47 [9][10] - The downgrade is attributed to expected downside revisions for 2026 and 2027 consensus estimates, particularly concerning the drug simaglatide [11] - Concerns arise from the anticipated failure of trials for simaglatide in treating Alzheimer's, with a 75% chance of failure expected [12] - Prescription trends for Ozempic have been declining, while rival Eli Lilly is gaining market share, raising concerns about Novo's momentum [13] Defense Stocks - The Pentagon is urging missile suppliers to significantly increase production of key munitions, driven by potential future conflicts with China [15] - This initiative is part of a broader effort to enhance US stockpiles, leading to increased interest in defense stocks such as Lockheed Martin and General Dynamics [15][16]

Financial Performance - Achieved an all-time high quarterly Adjusted Net Income of $2 billion[1,9] - Adjusted EBITDA reached $3 billion in 3Q 2025[10] - Full year 2025 Adjusted Net Income guidance raised to $29 billion[1,11] - Net Yields increased by 46% in 3Q 2025 compared to 2024[10] - Adjusted cruise costs excluding fuel per ALBD decreased by 55% compared to 2024[10] - Customer deposits increased by $22 billion compared to 3Q 2019[12] Strategic Initiatives & Expansion - Celebration Key welcomed nearly half a million guests[20] - Nearly 3 million guests are expected to visit Celebration Key in 2026[21] - The company has the most assets and capacity dedicated to Alaska[26] - The company's leading brands hold the 1 or 2 market position in every established cruise market in Europe[33] Financial Strategy - The company repaid over $5 billion of debt using proceeds from financings and cash on hand[37] - The company is targeting a Net Debt to Adjusted EBITDA ratio of under 30x[44]

US stocks mostly climbed on Monday as investors eyed a looming US government shutdown that risks delaying the release of the all-important monthly jobs report later in the week. The S&P 500 (^GSPC) added 0.4%, while the tech-heavy Nasdaq Composite (^IXIC) popped nearly 0.9%, with the the two gauges poised to build on Friday's rebound. Meanwhile, the Dow Jones Industrial Average (^DJI) slipped more than 0.1%. Markets are assessing the odds of a US government shutdown on Wednesday this week, as a standoff ...

Market Overview - US stocks experienced a rise on Monday, with the Dow Jones Industrial Average and S&P 500 increasing by approximately 0.3%, while the Nasdaq Composite rose by 0.5% [1] - The market is currently assessing the likelihood of a US government shutdown, with odds exceeding 70% according to Polymarket [2] Economic Data Impact - The potential government shutdown raises concerns about the timely release of key economic data, including the crucial monthly jobs report scheduled for Friday [3] - Recent economic indicators showed a decline in jobless claims and an upward revision in GDP growth, leading to speculation that the Federal Reserve may not cut interest rates as aggressively as previously anticipated [4] Sector Performance - Despite recent challenges in AI-focused stock trading and new tariff announcements from President Trump, the S&P 500 has gained 2.8% month-to-date, the Dow has increased by 1.5%, and the Nasdaq has rallied by 2.9% [5] - Carnival (CCL) is set to report quarterly results, while Nike (NKE) is expected to be the highlight of the earnings reports this week [6]

Group 1 - Carnival Corp raised its annual profit forecast, driven by strong demand and increased onboard spending and ticket pricing for cruise vacations [1][2] - The company reported adjusted profit per share of $1.43 for the quarter ended August 31, exceeding analysts' estimates of $1.32 [3] - Carnival's quarterly sales reached $8.15 billion, surpassing analysts' expectations of $8.10 billion [3] Group 2 - Carnival has invested $600 million in Celebration Key, a private resort destination on Grand Bahama, to enhance its competitive position [2] - Bundled packages that include perks like drinks, Wi-Fi, and excursions have led to increased onboard spending, contributing to higher revenue for cruise lines [2] - The company forecasts fiscal 2025 adjusted earnings per share of approximately $2.14, an increase from previous expectations of about $1.97 [2]

Elevating recognition and rewarding brand loyalty, Norwegian Cruise Line Holdings Ltd. unlocks more ways for guests to explore the world across its three award-winning brands: Norwegian Cruise Line®, Oceania Cruises®, and Regent Seven Seas Cruises® NCLH Loyalty Status Honoring Program - Status Chart NCLH Loyalty Status Honoring Program - Status Chart. Please see website for more details. MIAMI, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH), a leading global cruise c ...

Group 1: Market Performance - Wall Street's major equity averages ended in the green, with Electronic Arts (EA) surging over +14% after reports of advanced talks to go private in a roughly $50 billion deal [1] - Chip stocks rallied, with GlobalFoundries (GFS) climbing more than +8% and Intel (INTC) rising over +4% following news of potential U.S. policy requiring domestic chip manufacturing [1] - Paccar (PCAR) advanced more than +5% after President Trump announced a 25% tariff on heavy truck imports [1] - Costco Wholesale (COST) fell over -2% after reporting weaker-than-expected FQ4 U.S. comparable sales growth, making it the top percentage loser on the S&P 500 and Nasdaq 100 [1] Group 2: Economic Indicators - The core PCE price index rose +0.2% month-over-month and +2.9% year-over-year in August, aligning with expectations [5] - U.S. personal spending climbed +0.6% month-over-month, exceeding expectations of +0.5% [5] - Personal income rose +0.4% month-over-month, stronger than the expected +0.3% [5] - The University of Michigan's consumer sentiment index for September was unexpectedly revised lower to a 4-month low of 55.1, weaker than expectations of 55.5 [5] Group 3: Federal Reserve Insights - Richmond Fed President Tom Barkin noted limited risk of further deterioration in unemployment and inflation despite divergence from targets [7] - Fed Vice Chair for Supervision Michelle Bowman emphasized the need for decisive action to address labor market fragility [7] - Cleveland Fed President Beth Hammack stated the necessity of maintaining a restrictive monetary policy to achieve the 2% inflation target [7] Group 4: Upcoming Economic Data - The U.S. September Nonfarm Payrolls report is anticipated, with expectations of a "soft" report that could support further rate cuts [9] - Additional insights into the labor market will come from JOLTs Job Openings, ADP Nonfarm Employment Change, and Initial Jobless Claims [9][10] - Notable data releases include the Consumer Confidence Index, Chicago PMI, and various PMIs related to manufacturing and services [10] Group 5: Corporate Earnings and Market Movements - Several notable companies, including Nike (NKE), Carnival (CCL), and Paychex (PAYX), are set to release quarterly results this week [12] - Merus N.V. (MRUS) jumped over +38% in pre-market trading after Genmab agreed to acquire the company for $8 billion [20] - U.S.-listed cannabis-related companies saw significant gains in pre-market trading following President Trump's comments on hemp-derived cannabidiol [20]

U.S. stock futures rose on Monday following Friday’s advances. Futures of major benchmark indices were higher.As the futures advanced, gold prices also hit a new all-time high on Monday morning, with the investors overlooking the possibility of a Donald Trump-led government shutdown. While the market appears calm, a key risk that looms with the near-certainty of the shutdown is a potential blackout of crucial economic data that could leave investors and policymakers flying blind. Meanwhile, the 10-year Trea ...

Earnings Expectations - Carnival Corp (NYSE: CCL) is expected to report quarterly earnings of $1.32 per share on revenue of $8.10 billion [2] - Progress Software Corp (NASDAQ: PRGS) is anticipated to post earnings of $1.30 per share on revenue of $240.11 million [2] - Jefferies Financial Group Inc (NYSE: JEF) is projected to report quarterly earnings of 80 cents per share on revenue of $1.92 billion [2] - Vail Resorts Inc (NYSE: MTN) is expected to report a quarterly loss of $4.75 per share on revenue of $273.91 million [2] Stock Movements - Carnival shares increased by 0.1% to $30.65 in after-hours trading [2] - Progress Software shares rose by 0.4% to $42.20 in after-hours trading [2] - JFB Construction Holdings (NASDAQ: JFB) shares surged by 95.5% to $13.39 following a $44 million private placement announcement [2] - Vail Resorts shares gained 0.6% to $148.58 in after-hours trading [2] - Jefferies Financial shares slightly declined to $66.70 in after-hours trading [2]

US stock futures climbed early Monday as investors eyed a looming US government shutdown. Contracts tied to the Dow Jones Industrial Average (YM=F) and the S&P 500 (ES=F) both rose around 0.4%. Futures on the tech-heavy Nasdaq 100 (NQ=F) popped 0.5%. A US government shutdown remains possible by Wednesday this week, leaving an air of doubt over whether the government will release key economic data. That includes the highly anticipated monthly jobs report on Friday, key to the Federal Reserve's picture of ...