By Michael Tedder Major CEO in hospitality industry sees strong pricing power for several reasons. We may enter a recession next year, according to some economic forecasters. Then again, we might not. Helpful, right? In an effort to tame the effects of…
Carnival Cruise Line Makes a Major Beverage Change
By Daniel Kline Carnival limits how much alcohol passengers can drink with its “unlimited” package. It’s now making another change that’s not going to be popular. Entire social-media groups are devoted to the various all-you-can-drink packages offered …
Unusual Options Activity 1 Day Before Shopify Q3 Earnings
By Market Rebellion While Microsoft and Alphabet were plummeting on poor earnings, someone was betting big on Shopify call options. Shopify has been an underloved, underperformer for a while. The drop-shipping, “start your own business” style company w…
JetBlue Plans a Big Move
By Michael Tedder Can you ever have too many Airbuses? Recently, JetBlue has been having the kinds of headlines no company likes to have You know, the type of headlines that involve the phrases “the Justice Department,” “lawsuit” and “antitrust violati…
Ford Stock Lower After Q3 Earnings Beat, Narrowed 2022 Profit Guidance; Plans Argo AI Wind-Down
By Martin Baccardax “Winning for customers is driving a re-founding of the company through Ford+, with high ambitions for quality, innovation, profitability and growth,” said CEO Jim Farley. Ford Motor Co (F) – Get Ford Motor Company Report reported be…
Climate Activists Arrested At Investment Firm Headquarters in NYC
By Jeffrey Quiggle Ten arrested on third day of protests as New York climate activists occupy investment company’s offices. It’s the third day of protests by climate change action advocates in New York City. New York Communities for Change (NYCC) activ…
Mark Cuban Says He Won’t Run for President in 2024
By Luc Olinga The investor is one of the most popular personalities, an important asset in the current climate of division. He is popular. He is a household name. He is as comfortable on television as on social networks and sports venues. Mark Cuban, 6…
Valero Refineries to Operate at 95% Capacity
By Ellen Chang Refinery capacity can impact the supply of gasoline in the U.S. and prices that consumers pay at the pump. Valero (VLO) – Get Valero Energy Corporation Report, the second largest U.S. crude oil refiner, plans to run its refineries at 95%…
Meta Stock Tumbles After Q3 Earnings Miss; Sees ‘Significantly’ More Metaverse Losses
By Martin Baccardax “While we face near-term challenges on revenue, the fundamentals are there for a return to stronger revenue growth,” said CEO Mark Zuckerberg. Meta Platforms (META) – Get Meta Platforms Inc. Report posted weaker-than-expected second…
American Express Wants to Give You a Cheap Royal Caribbean Cruise
By Michael Tedder But you only have until the end of the year to claim it. There’s a ton of credit card companies out there, and each one of those companies think they offer something different and unique to their customers. Sometimes they really are c…