Tag: lockdown

The cruise industry got hit by a perfect storm when the covid pandemic hit.  For an industry vulnerable to storms in general, it was a terrible combination of events that left the industry shuttered, while hotels, theme parks, arenas, and other venues all remained closed for much less time. That’s because the United States government…

Netflix  (NFLX) – Get Netflix, Inc. Report has work to do.  The streaming giant is having a brutal start to the year.  The overall picture is dark. The entertainment-streaming company reported in April that in the first quarter it lost 200,000 global subscribers and expects to lose another 2 million in the current quarter ending in…

On May 24, 2021, Peloton Interactive’s  (PTON) – Get Peloton Interactive, Inc. Class A Report then-President William Lynch had exciting news. Lynch announced the interactive fitness company’s plan to build Peloton Output Park, or  the “POP”, its first dedicated Peloton factory in the U.S. in Troy Township, Ohio.  ‘We Have Big Plans'”We’ll be breaking ground later this summer and…

Here are five things you must know for Monday, May 2: 1. — Stock Futures  Nudge Higher Ahead of Fed Meeting, Jobs DataU.S. equity futures bumped higher Monday, following-on from the largest single-session decline in more than two years Friday, as investors looked to add some beaten down tech names heading into an active week…

The volatility in the number of new Covid-19 cases since Oct. 31, 2021, has swung wide over the past six months with remarkably high and low numbers being reported by the Centers for Disease Control and Prevention. The U.S. has recorded a total of 81.17 million cases during over two years of the pandemic through…

Alphabet  (GOOGL) – Get Alphabet Inc. Class A Report, parent company of Google, was one of the big beneficiaries of the economy of the Covid-19 pandemic. The firm has indeed taken advantage of the restriction measures which have forced millions of consumers to stay at home and communicate or stay in touch with the rest…

Cruise lines have slowly returned to normal, or at least to near-normal, as vaccines and testing make the covid pandemic a less critical concern.  It’s not that the coronavirus pandemic has ended — it most certainly hasn’t and scary new variants are always possible. But Royal Caribbean (RCL) – Get Royal Caribbean Group Report, Carnival…

Updated at 11:28 am EST U.S. stocks slumped lower Monday, while the dollar soared and oil prices retreated sharply, as investors pulled back from risk markets amid a renewal of Covid restrictions in China and concerns over the impact on consumer demand from the Federal Reserve’s hawkish inflation stance. Officials in China ordered millions of…

The cruise industry is truly a global industry. Cruise ships such as those operated by Royal Caribbean sail all around the world, and therefore have to deal with different health and safety protocols around the world.  That’s certainly been the case since cruise ships were cautiously allowed to reopen last year, as every country has…

Updated at 9:04 am EST Johnson & Johnson  (JNJ) – Get Johnson & Johnson Report posted stronger-than-expected first quarter earnings Tuesday but lowered its full-year profit forecast, and suspended its guidance for vaccine sales amid what it called a global surplus and waning demand.  Johnson & Johnson said adjusted earnings for the three months ending in…