(Reuters) -Royal Caribbean said on Tuesday that 2025 was shaping up "to be another great year", with a near 23% jump expected in adjusted earnings, as it benefits from record prices and new river cruise itineraries. Its shares jumped 12% in early trading after the company also forecast full-year adjusted earnings of $14.35 to $14.65 per share, largely above analysts' estimates of $14.41, according to data compiled by LSEG. Royal Caribbean said its "WAVE" season -- a period at the start of a year when cruise companies offer deals and promotions to drive bookings -- was off to a record start, with bookings in line with the prior years despite higher prices.
XPLR Infrastructure said on Tuesday it will suspend its distribution to unitholders for an indefinite period, sending the company's shares down 30%. The move comes as XPLR looks to reinvest most of its cash flow to fund its renewable energy investments. "The changes we are announcing today are intended to eliminate the need to issue equity," said Chairman John Ketchum.
General Motors (GM) is falling 8% today after the automaker provided higher-than-expected 2025 profit guidance, but stated that its outlook excludes the impact from the tariffs that President Donald Trump is expected to impose. Additionally, GM CEO Mary Barra suggested that she had discussed the negative impact of tariffs with the president, but did not […]
The carrier forecast first-quarter revenue per available seat mile (RASM), an industry metric commonly known as unit revenue, a proxy for pricing power, to range from a 0.5% decline to 3.5% growth, compared with analysts' average expectations of 6.88% growth, according to data compiled by LSEG. JetBlue said it expects the shift of Easter, which typically sees a strong holiday rush, to the second quarter will reduce its unit revenue by about 1.5% this quarter. It also expects unit costs, excluding fuel, to increase by 8% to 10% in the current quarter.
The Nasdaq Composite is bouncing back. The Dow, which actually rose on Monday because it lacked many of the independent utility and chip stocks caught up in the DeepSeek selloff, was up another 250 points, or 0.6%. Wall Street is trying its best to keep up with the latest developments surrounding DeepSeek, a Chinese AI program that sent tech stocks reeling on Monday.