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- Why Royal Caribbean Stock Climbed Today
Royal Caribbean shares rallied Tuesday after the cruise operator reported higher-than-expected profit and raised its full-year earnings forecast. Third-quarter revenue rose 9% year over year to $5.6 billion. Adjusted net income climbed 12% to $1.8 billion, or $6.57 per share, beating analysts' estimate of $6.38. The company now expects full-year adjusted EPS of $17.85 to $17.95, up from $17.73 to $17.87. In September it agreed to acquire a 50% stake in Sandals and Beaches Resorts, giving access to 18 Caribbean resorts with more under construction. CEO Jason Liberty said 2027 bookings are pacing ahead of historical levels at higher rates.
- Royal Caribbean Surges 8% as Earnings Beat Lifts Full-Year Outlook; Norwegian Climbs 3%, Carnival Edges Higher
Royal Caribbean (RCL) shares rose 8% to $302.74 after third-quarter 2026 results beat company guidance, with adjusted EPS of $6.57 versus the $6.38 consensus estimate, while revenue of $5.59 billion rose 8.8% but came in slightly below estimates. The company raised its full-year adjusted EPS outlook to $17.85–$17.95, even though fuel costs and currency exchange rates ran above plan, and guided fourth-quarter adjusted EPS to $3.48–$3.58. Booking volumes have grown since the prior earnings call, and reservations for next year are running ahead of historical levels at higher prices, though part of the cost benefit reflects expenses shifting into the fourth quarter. Norwegian Cruise Line Holdings (NCLH) rose 3% to $15.71 and Carnival (CCL) rose 2% to $27.36, while the Energy Select Sector SPDR ETF (XLE) fell 0.6%. The article says the rally appears largely company-specific, with rival cruise stocks rising far less.
- Cruise Stocks Rally While Energy Shares Slip: Norwegian, Royal Caribbean and Carnival Rise 3%
Norwegian Cruise Line Holdings, Royal Caribbean and Carnival shares each rose about 3% in afternoon trading, to $15.70, $289.20 and $27.17, while the Energy Select Sector SPDR ETF (XLE) slipped 0.2% to $67.67 and the S&P 500 ETF (SPY) gained 0.3% to $768.82. The article ties the group's move to shared exposure to travel demand and operating costs, noting that fuel is one of cruise lines' largest expenses, so energy prices feed directly into costs. Carnival's Q3 FY2026 results, released on September 29, gave a positive read on demand, with CEO Josh Weinstein saying booking volumes were meaningfully ahead of last year and far outpacing capacity growth. Norwegian, the smallest of the three and the most indebted relative to its size, may be more sensitive to demand or financing swings, and its upcoming quarterly report will show whether results support the rally.
- Travelzoo Q3 Earnings Call Highlights
Travelzoo's third-quarter revenue rose 3% year over year to $22.9 million, but the company posted a $2.6 million loss, compared with a $0.5 million operating profit a year earlier, as it accelerated marketing to add paid Club Members. Club Members grew 65% year over year, the largest quarterly addition to date, while the average acquisition cost fell to $54 from $62 in the prior quarter. Management estimates the membership push could add $1.20 to 2027 earnings per share, although acquisition costs are expensed immediately while subscription revenue is recognized over the membership period. Deferred revenue stands at about $13 million, and the company projects membership revenue above $30 million in 2027. Revenue at Jack's Flight Club declined in the quarter.
- Booking Holdings (BKNG) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Wall Street expects Booking Holdings (BKNG) to report higher year-over-year earnings on higher revenue for the quarter ended September 2026, with consensus EPS of $4.48 (up 12.6%) and revenue of $9.56 billion (up 6.2%). The report is expected on November 3, and the consensus EPS estimate has risen 0.05% over the last 30 days. The Earnings ESP is +1.22%, but the stock carries a Zacks Rank of #4, which the article says makes it difficult to conclusively predict a beat. Last quarter, Booking posted EPS of $2.54 versus an expected $2.45, a surprise of +3.67%, and it has beaten consensus EPS four times over the last four quarters. The article notes that the stock's reaction will also depend on management commentary and other factors beyond the earnings surprise.
- MakeMyTrip Shares Rise 4.8% as Q2 Profit Improves Despite Revenue Missing Estimates
MakeMyTrip (NASDAQ: MMYT) reported second-quarter fiscal 2027 adjusted EPS of $0.47, in line with analyst estimates, but revenue of $235.2 million, up 2.5% year on year, fell short of the $267.4 million expected. On a constant currency basis, revenue rose 11.2%; the company said the Indian rupee depreciated about 10% against the US dollar during the quarter. Demand for international long-haul outbound travel from India weakened due to higher travel costs from elevated fuel prices and the weaker rupee, while domestic travel demand grew strongly and partly offset the decline. Adjusted net profit before tax rose 27% to $46.2 million, and gross bookings reached $2.72 billion, up 11.3% (20.9% at constant currency). Adjusted margin for hotels and packages reached $116.8 million, up 10.4%, supported by an 18.5% increase in hotel room nights booked.
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- TSLA Stock Rises As Cybercabs Overtake Model Ys In Authorized Texas Robotaxi Fleet
Data from the Texas Department of Motor Vehicles shows Tesla's purpose-built Cybercab, a steering-wheel-free robotaxi, has become the majority of its authorized robotaxi fleet in Texas for the first time, with 544 of 1,051 vehicles. Model Y accounts for 507, a shift from early October when the registry showed 319 Cybercabs against 420 Model Ys. The data covers authorization only, not whether vehicles are operating or carrying riders. Cybercabs currently run only in Austin, while Tesla's robotaxis operate in Austin, Houston, Dallas and parts of Florida; Tesla said it is looking to add Cybercabs in Dallas next month. TSLA closed 4% higher on Tuesday but is down 9% year to date.
- Why Brown & Brown Stock Slumped by 5% Today
Brown & Brown's third-quarter revenue was almost $1.73 billion, up more than 7% from a year earlier but below the analyst average of $1.76 billion. GAAP net income rose almost 6% to $240 million, while adjusted earnings per share inched up nearly 2% to $1.07, short of the $1.09 consensus. The company cited a challenging rate environment of softening insurance premiums and said the Accession Risk Management Group acquisition, a $9.8 billion deal in 2025, helped results. Organic revenue, which excludes acquisitions, rose barely over 1% to $1.46 billion, pointing to weakness in the legacy business. The stock closed nearly 5% lower on Tuesday amid a broad investor sell-off.
- Penguin Solutions, Broadcom, FormFactor, Lattice Semiconductor, and AMD stocks trade up, what you need to know
Several chip and AI hardware stocks rose in the afternoon session after Broadcom reportedly secured $63 billion in bank financing to develop proprietary AI chips for Anthropic. Anthropic's IPO filing and Meta's equity offering were seen as signs that tech capital spending remains robust. PENG rose 7.8%, AVGO 3.8%, FORM 5.9%, LSCC 5.2% and AMD 5.3%. The article notes PENG had dropped 9.4% five days earlier after warnings that component shortages and cleanroom constraints would limit chip equipment makers through 2027, citing Lam Research. PENG has had 69 moves greater than 5% over the past year.
- Investing $1,000 in Each of These 3 Stocks 20 Years Ago Would Have Created a Portfolio Worth $674,000 Today
The article calculates that a $1,000 investment in each of Nvidia, Netflix and Amazon 20 years ago would be worth about $674,000 combined as of October 26. Nvidia's stake would be worth about $383,000, with most gains coming in the past couple of years as generative AI took off; the chipmaker's operating profit totaled nearly $200 billion over the past four quarters, its market cap is around $5.3 trillion, and it trades at 28 times trailing earnings. Netflix's stake would be worth more than $161,000, but its stock has fallen this year on concerns about slowing growth and is trading near its 52-week low. Amazon's stake would be worth about $130,000, and its operating income last year reached $80 billion, more than six times the $12 billion of three years earlier; the stock trades at around 20 times trailing earnings. The author argues these growth stocks can still be good buys today.
- Western Digital, Allegro MicroSystems, Amtech, and Teradyne shares skyrocket, what you need to know
Several semiconductor stocks rose sharply in the afternoon session after Broadcom obtained $63 billion in bank financing to develop proprietary AI chips for Anthropic. Alongside Anthropic's IPO filing and Meta's equity offering, the news signaled that tech capital spending remains robust. Among the gainers, Western Digital (WDC) rose 8.1%, Allegro MicroSystems (ALGM) gained 6.4%, Amtech (ASYS) added 5.1% and Teradyne (TER) climbed 5.6%. The article notes WDC has had 79 moves greater than 5% over the past year, and about 22 hours earlier the stock had gained 5.2% after Bank of America projected memory chip supplies would stay tight through 2028. Citing CNBC, the article says semiconductor fabrication equipment spending is projected to exceed $200 billion in 2027, as demand outpaces clean-room capacity and the availability of critical parts.
- Is Benz Mining (TSXV:BZ) Cheap On Icon Drilling Results Or Already Priced In?
Benz Mining (TSXV:BZ) reported extensive drilling results from the Icon gold camp at its Glenburgh Gold Project in Western Australia, confirming repeated stacked high-grade gold lenses. The share price rose 11.03% on the day and 10.47% over the past week, but fell 15.62% over 30 days; it is up 180.38% year to date and returned 205.52% over 12 months. A valuation narrative cited in the article puts fair value at CA$6.28 versus a last close of CA$4.43, implying 29% undervaluation. The article notes the market values Benz above C$1 billion without a current maiden Mineral Resource, and the stock trades at 26.4 times book value versus 2.2 times for the Canadian metals and mining group. Risks include less of the Exploration Target converting into compliant ounces than hoped or weaker project economics in future studies.
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