Norwegian Cruise Line could be the most reliable cruise stock during a broader economic slowdown, according to Jefferies. Analyst David Katz initiating coverage of the cruise line operator with a buy rating and $25 price target, which implies shares could jump 30.5%. Although Norwegian Cruise Line is the smaller operator of its peers, Katz added that the company trades at a premium valuation against its peers, and could also “weather downside in the macro better than most.” “As the fourth largest cruise line in the world (behind CCL, RCL, and MSC), there is a lot to like about NCLH,” Katz…
Author: usaeverydaylife
Protesters gather in front of the U.S. consulate during a demonstration, under the slogan, “Greenland belongs to the Greenlandic people”, in Nuuk, Greenland, March 15, 2025.Christian Klindt Soelbeck | Via ReutersThe battle over Greenland is set to intensify this week as Denmark’s prime minister travels to the Arctic island just days after U.S. Vice President JD Vance visited and lambasted the Scandinavian country for neglecting the vast territory.The Danish government announced at the weekend that Prime Minister Mette Frederiksen will visit Greenland from Wednesday to Thursday. Her visit comes amid continuing U.S. interest in the island, which U.S. President Donald…
The logo of an Aston Martin car is being seen at the 14th annual Yorkville Exotic Car Show on Fathers Day, June 16, 2024, in Toronto, Ontario.Nurphoto | Nurphoto | Getty ImagesShares of Britain’s Aston Martin jumped 13% on Monday after the luxury carmaker said it will raise more than £125 million ($161.7 million) through funding from Chairman Lawrence Stroll’s investment vehicle and the sale of a minority stake in the Formula One racing team.Yew Tree Consortium, an investment vehicle led by Canadian billionaire Stroll, is paying around £52.5 million to increase its stake in the storied British carmaker.Stroll’s stake…
U.S. President Donald Trump walks towards Marine One on the South Lawn of the White House on March 28, 2025 in Washington, DC. Andrew Harnik | Getty ImagesU.S. President Donald Trump said on Sunday that reciprocal tariffs he is set to announce this week will include all nations, not just a smaller group of 10 to 15 countries with the biggest trade imbalances.Trump has promised to unveil a massive tariff plan on Wednesday, which he has dubbed “Liberation Day.” He has already imposed tariffs on aluminum, steel and autos, along with increased tariffs on all goods from China.”You’d start with all…
The French naval patrol plane descended rapidly through the clouds, leveling off at 900 feet above the Baltic Sea, practically skimming the waves. The target was a Russian warship, which came into view off the plane’s port side, dark gray against a light gray horizon.The aircraft, an Atlantique 2 of the French Navy, was designed to hunt submarines and other enemy naval craft, but on this day its torpedo bay was empty and its only weapons were a high-resolution camera and other sophisticated surveillance instruments. The goal was to observe, and be seen observing.“We are to show that we are…
The Huawei booth at the Mobile World Congress in Barcelona, 2025.Arjun Kharpal | CNBCHuawei on Monday reported a sharp jump in 2024 revenue as its core telecommunications and consumer businesses accelerated.Huawei reported revenue for 2024 of 862.1 billion Chinese yuan ($118.2 billion), a 22.4% year-on-year rise.It is the company’s second-highest revenue figure ever, according to CNBC calculations, just shy of the record 891.4 billion yuan reported for 2020.Net profit fell, however, to 62.6 billion yuan, a decline of 28% versus 2023. Huawei said this was a result of increasing investments.It comes as the Chinese technology giant tries to adapt its…
European markets opened sharply lower on Monday as global investors braced for U.S. President Donald Trump’s trade tariffs to come into force.The regional Stoxx 600 index was 1% lower shortly after the opening bell, with all sectors and major bourses firmly in negative territory. Germany’s DAX index led losses, shedding 1.2% during early trade.The sell-off comes ahead of a raft of Trump tariffs set to come into effect on Wednesday, including a 25% levy on “all cars that are not made in the United States.”By 8:18 a.m. in London on Monday, Europe’s Stoxx Automobiles and Parts index was 1.7% lower. Volkswagen was…
Marine Le Pen, member of parliament and French far-right National Rally (Rassemblement National – RN) party leader, arrives at the RN party headquarters in Paris, France, July 1, 2024.Benoit Tessier | ReutersThe political future of France’s far-right National Assembly leader Marine Le Pen hangs in the balance with judges in Paris set to deliver their verdict in an embezzlement trial Monday.If found guilty, Le Pen could face a 300,000 euro ($325,000) fine, prison term and an immediate five-year ban from public office — which would prevent her from running in the 2027 presidential election.This outcome would throw France’s powerful right…
Prime Minister Benjamin Netanyahu of Israel named a new chief of the domestic intelligence service on Monday, moving his government closer to a showdown with the Supreme Court, which temporarily suspended the dismissal of the current spy chief earlier this month.Mr. Netanyahu’s office announced that Eli Sharvit, a former head of the Navy, would succeed Ronen Bar, the current head of the Shin Bet, Israel’s domestic spy agency. Mr. Netanyahu’s cabinet decided earlier in March that Mr. Bar would be dismissed early from his post, as soon as a successor was installed.The prime minister’s move on Monday narrowly averted a…
Battling a yearslong economic crisis and persistent accusations of corruption, Zimbabwe’s president faces the greatest threat to his power since taking office in a coup nearly eight years ago, with members of his own party calling for mass demonstrations in the streets on Monday to unseat him.The president, Emmerson Mnangagwa, has vowed to crack down on dissent, saying in a speech at a meeting of his party, ZANU-PF, that calls for him to step down were a “treasonous” plot driven by “chameleon-like characters.”The tensions over the president’s future have pushed this southern African nation, which has suffered decades of political…
