Joe Hendrickson Norwegian Cruise Line Holdings ( NCLH ) fell in early trading after reporting mixed first-quarter results. The cruise line operator saw total revenue rise 9.4% year over year during the quarter to $2.3B, driven by increased capacity days. Net yield decreased approximately 0.3% on an as reported basis and 1.0% on a constant currency basis, above the set guidance for a decline of 1.6...
Joe Hendrickson Norwegian Cruise Line Holdings ( NCLH ) fell in early trading after reporting mixed first-quarter results. The cruise line operator saw total revenue rise 9.4% year over year during the quarter to $2.3B, driven by increased capacity days. Net yield decreased approximately 0.3% on an as reported basis and 1.0% on a constant currency basis, above the set guidance for a decline of 1.6%. Adjusted EBITDA increased 18% to $533M. Adjusted EPS increased 121% from a year ago to $0.23 and was ahead of the consensus estimate by $0.09. On the balance sheet, the company had total debt of $15.2B on March 31 and net debt of $15.0B. Net leverage ended the quarter at 5.3X. Liquidity was $1.6B at the end of the quarter, including approximately $185.0M of cash and $1.4B of availability under the revolving loan facility. Looking ahead, the cruise line operator noted that it is experiencing headwinds related to disruptions in the Middle East, including higher fuel expenses and signs of softer demand as consumers reevaluate travel plans, particularly to Europe. As noted previously, the company entered 2026 behind its targeted booking curve, and the new headwinds have hindered its ability to accelerate bookings and close the gap. "These external pressures come as the company continues to enhance its revenue management system and improve execution, resulting in additional pressure on the business and a reduction in its full-year guidance," warned NCLH. Norwegian Cruise Line Holdings ( NCLH ) expects Q3 net yields to fall 3.6% and EPS of $0.38 vs. $0.53 consensus. Adjusted EBITDA of $632M is anticipated in Q2 vs. $701M consensus. Shares of Norwegian Cruise Line Holdings ( NCLH ) were down 6.0% in premarket action to $17.69. More on Norwegian Cruise Line Holdings Norwegian Cruise Line Holdings: Execution Mistakes To Weigh On Stock Multiple Norwegian Cruise Line: Clear Commercial Improvements Needed Norwegian Cruise Line: I'm Buying The Q4 Post-Earnings Pullback Norwegian Crui...
US President Donald Trump announced a fresh plan to help vessels through the Strait of Hormuz as attacks continue and traffic remains at a near standstill. Meanwhile, Tasnim reports that Iran “redefined the control zone” in the Strait of Hormuz on Monday. Tyler Kendall reports on Bloomberg Television. (Source: Bloomberg)
US President Donald Trump announced a fresh plan to help vessels through the Strait of Hormuz as attacks continue and traffic remains at a near standstill. Meanwhile, Tasnim reports that Iran “redefined the control zone” in the Strait of Hormuz on Monday. Tyler Kendall reports on Bloomberg Television. (Source: Bloomberg)
4kodiak/iStock Unreleased via Getty Images Amazon ( AMZN ) launched Amazon Supply Chain Services, or ASCS, extending its freight, distribution, fulfillment, and parcel shipping solutions to businesses beyond its marketplace sellers. Starting today, businesses can access a centralized console to discover, select, and sign up for the various ASCS solutions. “Amazon is bringing the infrastructure, in...
4kodiak/iStock Unreleased via Getty Images Amazon ( AMZN ) launched Amazon Supply Chain Services, or ASCS, extending its freight, distribution, fulfillment, and parcel shipping solutions to businesses beyond its marketplace sellers. Starting today, businesses can access a centralized console to discover, select, and sign up for the various ASCS solutions. “Amazon is bringing the infrastructure, intelligence, and scale of its supply chain services—proven over decades—to businesses everywhere, much like Amazon Web Services did for cloud computing,” said Peter Larsen, vice president of Amazon Supply Chain Services. The service offers a transportation network spanning ocean, air, ground, and rail freight. Amazon’s transportation network spans ocean, air, ground, and rail freight, supported by a fleet of 80,000+ trailers, 24,000+ intermodal containers, and 100+ aircraft, Procter & Gamble ( PG ), 3M ( MMM ), Lands’ End ( LE ), and American Eagle ( AEO ) already signed up, Amazon said. More on Amazon Amazon: Why Is There No Focus On The Chip Business, Mr. Market? Amazon Has Broken Out After Q1 Earnings (Rating Upgrade) Amazon: The Market Is Missing What AWS Just Confirmed Quant check on e-commerce names as GameStop offers to buy eBay ‘The Devil Wears Prada 2’ catwalks to $77M opening, lifting box office
4kodiak/iStock Unreleased via Getty Images Amazon ( AMZN ) launched Amazon Supply Chain Services, or ASCS, extending its freight, distribution, fulfillment, and parcel shipping solutions to businesses beyond its marketplace sellers. Starting today, businesses can access a centralized console to discover, select, and sign up for the various ASCS solutions. “Amazon is bringing the infrastructure, in...
4kodiak/iStock Unreleased via Getty Images Amazon ( AMZN ) launched Amazon Supply Chain Services, or ASCS, extending its freight, distribution, fulfillment, and parcel shipping solutions to businesses beyond its marketplace sellers. Starting today, businesses can access a centralized console to discover, select, and sign up for the various ASCS solutions. “Amazon is bringing the infrastructure, intelligence, and scale of its supply chain services—proven over decades—to businesses everywhere, much like Amazon Web Services did for cloud computing,” said Peter Larsen, vice president of Amazon Supply Chain Services. The service offers a transportation network spanning ocean, air, ground, and rail freight. Amazon’s transportation network spans ocean, air, ground, and rail freight, supported by a fleet of 80,000+ trailers, 24,000+ intermodal containers, and 100+ aircraft, Procter & Gamble ( PG ), 3M ( MMM ), Lands’ End ( LE ), and American Eagle ( AEO ) already signed up, Amazon said. More on Amazon Amazon: Why Is There No Focus On The Chip Business, Mr. Market? Amazon Has Broken Out After Q1 Earnings (Rating Upgrade) Amazon: The Market Is Missing What AWS Just Confirmed Quant check on e-commerce names as GameStop offers to buy eBay ‘The Devil Wears Prada 2’ catwalks to $77M opening, lifting box office
Kevin Warsh, President Donald Trump's nominee to be the next chair of the Federal Reserve Board of Governors, is one step closer to being confirmed. Along partisan lines, the U.S. Senate Banking Committee voted 13-11 to advance Warsh's nomination, setting the stage for a full Senate vote during the week of May 11, CNBC reported. It seems increasingly likely that Warsh will get approved and replace...
Kevin Warsh, President Donald Trump's nominee to be the next chair of the Federal Reserve Board of Governors, is one step closer to being confirmed. Along partisan lines, the U.S. Senate Banking Committee voted 13-11 to advance Warsh's nomination, setting the stage for a full Senate vote during the week of May 11, CNBC reported. It seems increasingly likely that Warsh will get approved and replace current Chair Jerome Powell, who has led the Fed for the past eight years and intends to stay on the board. Continue reading
Angel Delgado/Getty Images Entertainment With fans marking Star Wars Day and The Mandalorian and Grogu set to hit theaters later this month, the Star Wars film series is back in focus, and its box office history shows a clear arc from record highs to more uneven recent performance. Star Wars films ranked by global box office 1. Star Wars Episode VII: The Force Awakens (2015) — ~$2.07B The franchis...
Angel Delgado/Getty Images Entertainment With fans marking Star Wars Day and The Mandalorian and Grogu set to hit theaters later this month, the Star Wars film series is back in focus, and its box office history shows a clear arc from record highs to more uneven recent performance. Star Wars films ranked by global box office 1. Star Wars Episode VII: The Force Awakens (2015) — ~$2.07B The franchise peak, driven by nostalgia and a decade-long theatrical gap. 2. Star Wars Episode VIII: The Last Jedi (2017) — ~$1.33B A strong but lower follow-up, signaling early audience division. 3. Star Wars Episode IX: The Rise of Skywalker (2019) — ~$1.07B Closed the sequel trilogy with declining momentum. 4. Rogue One: A Star Wars Story (2016) — ~$1.06B The top-performing spin-off, crossing the billion-dollar mark. 5. Star Wars Episode I: The Phantom Menace (1999) — ~$1.03B A hype-fueled return after 16 years away from theaters. 6. Star Wars Episode III: Revenge of the Sith (2005) — ~$850M A late prequel-era rebound with stronger reception. 7. Star Wars Episode IV: A New Hope (1977) — ~$775M A record-setting original that defined blockbuster cinema. 8. Star Wars Episode II: Attack of the Clones (2002) — ~$650M A notable drop from Episode I amid weaker audience response. 9. Star Wars Episode V: The Empire Strikes Back (1980) — ~$550M Critically revered but below its predecessor commercially. 10. Star Wars Episode VI: Return of the Jedi (1983) — ~$475M A solid close to the original trilogy. 11. Solo: A Star Wars Story (2018) — ~$393M The franchise’s weakest performer and only clear box office miss. More related stories Disney: Take A 'Wait And See' Approach Ahead Of Earnings Disney And Netflix: Both Names Look Attractive Disney: Succession Plan Underway SA Asks: What happens if Disney loses its FCC licenses? ‘The Devil Wears Prada 2’ catwalks to $77M opening, lifting box office
Tellus Power has introduced the Nexus Megawatt Charging System (MCS), a high-power distributed charging platform aimed at fleet and commercial applications, amid the expanding need for robust electrification infrastructure. Capable of delivering between 600 kW and 1.2 MW of power output, the system supports multiple charging standards, thereby facilitating energy management across large-scale site...
Tellus Power has introduced the Nexus Megawatt Charging System (MCS), a high-power distributed charging platform aimed at fleet and commercial applications, amid the expanding need for robust electrification infrastructure. Capable of delivering between 600 kW and 1.2 MW of power output, the system supports multiple charging standards, thereby facilitating energy management across large-scale sites. As electrification of transport scales, particularly with autonomous and heavy-duty vehicles,...
Truist Financial (NYSE:TFC) held its 2026 annual meeting of shareholders virtually, with Chief Legal Officer and Corporate Secretary Scott Stengel opening the session and noting that meeting materials—including the proxy statement, annual report, Form 10-K, and rules of conduct—were available online
Truist Financial (NYSE:TFC) held its 2026 annual meeting of shareholders virtually, with Chief Legal Officer and Corporate Secretary Scott Stengel opening the session and noting that meeting materials—including the proxy statement, annual report, Form 10-K, and rules of conduct—were available online
primeimages William Blair updated its 2026 conviction stock list, swapping in three new names. Additions Somnigroup International Inc. ( SGI ) : Added to the Consumer sector by analyst Phillip Blee . The rationale is based on constructive survey results showing a rise in mattress replacement intent and an expected inflection in the category . Devon Energy Corporation ( DVN ) : Added to the Energy ...
primeimages William Blair updated its 2026 conviction stock list, swapping in three new names. Additions Somnigroup International Inc. ( SGI ) : Added to the Consumer sector by analyst Phillip Blee . The rationale is based on constructive survey results showing a rise in mattress replacement intent and an expected inflection in the category . Devon Energy Corporation ( DVN ) : Added to the Energy and Power Technologies sector by analyst Neal Dingmann . The company is expected to drive incremental free cash flow through operational efficiencies following its merger and likely adopt an aggressive share repurchase plan . Amazon.com, Inc. ( AMZN ) : Added intramonth on April 9, replacing Klaviyo ( KVYO ) . The addition is driven by "line of sight" to $30\%$ growth for AWS following reflections on the 2025 shareholder letter . Removals Viper Energy, Inc. ( VNOM ) : Removed from the Energy and Power Technologies sector . While its financial position is noted as strong, the removal is due to a lack of accelerated activity by upstream E&Ps and potential headwinds from parent company share sales . Compass Therapeutics, Inc. ( CMPX ) : Removed from the Biotechnology sector . Although updated study results showed a progression-free survival benefit, the overall survival results were considered confounded by high crossover . Klaviyo ( KVYO ) : Removed on April 9 to make room for Amazon . Despite a positive fundamental setup, the analyst cited persistent sentiment headwinds and multiple compression in the software sector as the market struggles to define the role of such companies in an AI-driven environment . Here is the list with return since the date the stock was added and return relative to the S&P 500 ( SPY ) ( IVV ) ( VOO ) Consumer Ross Stores ( ROST ) 5.2%. -5.3% SharkNinja ( SN ) 3.2%. -2.1% Somnigroup International ( SGI ) 0.0%. 0.0% Chewy ( CHWY ) -23.1%. -28.4% CAVA Group ( CAVA ) 13.3%. 8.5% Energy and Power Technologies Devon Energy ( DVN ) 0.0%. 0.0% NioCorp Deve...
CGI ( GIB ) on Monday said that it has achieved the Microsoft Copilot ( MSFT ) specialization in Modern Work within the Microsoft AI Cloud Partner Program. Through its global collaboration with Microsoft, CGI helps organizations operationalize cloud and AI investments securely at scale, while navigating complexity, compliance and cybersecurity challenges. More on CGI, Microsoft Microsoft FY Q3 202...
CGI ( GIB ) on Monday said that it has achieved the Microsoft Copilot ( MSFT ) specialization in Modern Work within the Microsoft AI Cloud Partner Program. Through its global collaboration with Microsoft, CGI helps organizations operationalize cloud and AI investments securely at scale, while navigating complexity, compliance and cybersecurity challenges. More on CGI, Microsoft Microsoft FY Q3 2026: Multi-Model Mirage, Copilot Momentum Microsoft Doesn't Need To Win The AI Race, It Needs The AI Race To Be Brutal Microsoft Corporation 2026 Q3 - Results - Earnings Call Presentation AI boom lifts big tech earnings, but Wall Street is picking winners and losers Earnings Scoreboard: 82% of S&P 500 reporting firms top EPS estimates as 78% of firms post Y/Y earnings growth
The value of WNBA teams is escalating rapidly, as evidenced by the sharp increase in expansion fees and team purchases. CNBC calculates that the WNBA's current 15 teams are worth an average of $460 million, 84% more than the league's most recent expansion fee of $250 million, with average revenue for the 13 teams that participated in the 2025 season at $31 million. The Golden State Valkyries, whic...
The value of WNBA teams is escalating rapidly, as evidenced by the sharp increase in expansion fees and team purchases. CNBC calculates that the WNBA's current 15 teams are worth an average of $460 million, 84% more than the league's most recent expansion fee of $250 million, with average revenue for the 13 teams that participated in the 2025 season at $31 million. The Golden State Valkyries, which joined the league in 2025, lead the pack at a valuation of $1 billion. It's the first time a women's team in any sport has been valued at $1 billion. The landmark valuation for the Valkyries may not be an outlier for long. "Well-run WNBA teams will be worth $1 billion within five years," a person looking to invest in a franchise said in mid-April. The person asked not to be named because the matter is private. The league's latest expansion teams — Cleveland, Detroit and Philadelphia — which were announced last June and will start play from 2028 to 2030, have agreed to pay expansion fees of $250 million. In contrast, Valkyries owners Joe Lacob and Peter Guber paid the league a fee of $50 million in 2023. And the Portland Fire paid $75 million to join this season, according to people with firsthand knowledge of the agreements who asked not to be named because the matter is private. CNBC puts the value of the Portland Fire at $380 million. Based on where the team stands with season ticket sales and sponsorships, revenue for the team could approach $50 million this season, according to a person familiar with the team's operations who asked not to be named because they are not authorized to speak about the matter publicly. In March, the Mohegan Tribal Gaming Authority, which purchased the Connecticut Sun for $10 million in 2003, announced it would be selling the team to Houston Rockets owner Tilman Fertitta for $300 million , pending league approval. Fertitta plans to move the team to the Toyota Center, home of the NBA's Rockets, where the Sun will become the Houston Comets st...