The Street: Stock Market
Stock futures rose on Monday after a softer-than expected April jobs report on Friday prompted hopes that inflation might ease and the Federal Reserve might cut interest rates. At last check futures on the Dow Jones Industrial Average indicated an open 136 points higher to 38,968, while those on the S&P 500 rose 18 to 5,173.75. The Nasdaq Composite...
MSC Cruises has been expanding its presence in Florida, steadily adding more ships including some of its higher-end hardware. The company isn't as well known as its rivals including Royal Caribbean (RCL) , Carnival (CCL) , and Norwegian (NCLH) .With cruises in the Caribbean selling very well, Royal Caribbean, Carnival, and Norwegian have been able...
Glen Taylor bought the Minnesota Timberwolves in 1994 and has been at the helm ever since. But there have been a lot of ownership changes in the NBA since then. Taylor sat down with TheStreet and explained why he thought so many teams have changed hands, and what he looks for in a potential owner.Related: What could happen to Charles Barkley, 'Inside...
You'll have to scroll a little bit to find Marcos Galperin, but he's definitely on the list.He's not up there in the top 10 with Tesla's (TSLA) Elon Musk, or Amazon's (AMZN) Jeff Bezos, or Mark Zuckerberg, the CEO of Facebook parent's Meta Platforms (META) . Related: Analysts revisit Apple stock price targets after earningsBut keep going. You'll...
Royal Caribbean, Carnival, MSC Cruises, Disney Cruise Line, and Norwegian Cruise Line have bet big on the Caribbean. All of the major cruise lines have multiple ships sailing in that region due to passenger demand out of Florida.The Caribbean isn't far from Miami, Port Canaveral, and Fort Lauderdale. That makes it easy for all the major cruise lines...
Sometimes bad news is good news. It certainly seemed that way on Friday. The Labor Department reported job growth in April waned from a big jump reported in March. Investors pushed shares of Apple (AAPL) up 6% on Friday and 8.3% on the week, thrilled that the tech giant's second-quarter earnings report, released late Thursday, wasn't a bust. Oil prices...
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