meta, lam research, royal caribbean with an amazing report there.kings were strong textron, that's a new 52-week high why are we rallying? what is going on i think the important thing is to note top stocks still strong earnings still enough to impress. and the consensus is, the soft landing is winning the day that's a major point here. we see great economic numbers today. of course, this fwrbroadening ot story, energy stocks, health care, all moving forward where are we on this earnings story? about 43% through earnings season, 219 companies reporting. 80% are beating, slightly better than normal. the average beat is almost 6%. if you go back prior to covid, that's pretty good normally the beats are 3% to 6%, so we're at the high end of the average here revenue beats are a little lower, because corporations are having trouble raising prices right now. one important point here, tyler. look at the volatility index we are below13 that's a new multiyear low for the volatility index lower volatility means a little less trading but generally, that's posit

that is why royal caribbean, stock broke out $80 and went to 110, a lot of coin on it.e the ship gets out. the amount of money florida makes off of the cruise lines, 8 trillion a year helps, 200,000 jobs and feeds into the theme parks and everything else that goes on. gangbusters ahead. there will be a lot more ships going forward. neil: just to win you over they had two helicopters, if you are working. you are the best, thank you very much. what if you had friends, we are on the 17th. this is something jackie would deal with. jackie: we have a big show coming up, charles payne talking about what we heard from banks, how to invest on it. kayleigh mcenany will tell us about the democrats quiet plan to replace sleepy joe and a-list actors striking in hollywood. will backfire? more coast-to-coast after this. ♪ the biggest ideas inspire new ones. 30 years ago, state street created an etf that inspired the world to invest differently. it still does. what can you do with spy? ♪ ♪ your record label is taking off. but so is your sound engineer. you need to hire. i need indeed.

two travel stocks taking off in different directions today starting with royal caribbean.s highest level since february 2020 after topping q-2 estimates, upping eps guidance meantime, shares of southwest airlines falling 9% today after the airline missed on the bottom line said it expects unit revenue to tumble 7% in the current quarter. and that seems like a departure -- >> departure, nice >> i didn't realize. >> should expect nothing less than that from you yeah, rising costs, there's a dynamic of efficiency in airlines, peel always hold it out during the best of times, is usually when airlines begin to be inefficient, overreach on capacity, and there's still a lot of skepticism there. if you think about the stock, though, it had a 37% move up until the point where all the airline stocks pulled back there was -- there was the boeing announcement, there was the alaska air dynamics, the pr pratt & whitney. not my favorite airline of the group, but i think this was probably overdone. >> karen, you are highlighting royal caribbean. >> yeah. first of all, going into earnings,

consumer destruction did you see royal caribbean?et energy was the new leadership group, energy materials. that's also moving ahead a little bit here comes the people keep messaging me, why are we up 13 days ago and the dow jones industrial hours? it's kind of silly. we had better than expected earnings. a soft landing has become the consensus but have you seen the economic numbers? storable goods were great. the jobless claims numbers were strong. fomo is still out here, at this broadening out story we are talking about is finally working . a simple way to look at it is the s&p 500, the rsp is finally barely outperforming the market capital snp this month, only this month. not on the year. it's only have as good in the year, but it's finally actually working. the headwinds are there. we keep talking about the high valuations that's not preventing the market going oversold. seasonal weakness, yes did not preventing the market from going forward. earnings people kept say you're not going to be able to move before because it will be ha

. >> the royal caribbean's icon of the seas will take its maiden voyage in january.rd, would you do it? now wait before you answer because it's 22 stories. it carries 10,000 people. it's a pass for me. but what about you? there's still time to weigh in, twitter and instagram at trace gallagher. the nightcap crew is next. and a live look at what is already friday afternoon, 1:45 in sydney, australia. good day mate where the women's world cup is underway, team usa opens their tournament schedule friday night our time versus vietnam and it's on fox. ♪ >> i'm meteorologist steve bender your fox weather friday forecast. the heat continues out west. seattle getting into the lower 80s, northern california into the triple digits along with el paso. all of texas. but severe weather stretching into the southeast. dynamic weather in the northeast where we could actually be seeing more flash flooding. you can download the fox weather app or extreme fox weather from your favorite connected tv device. i'm a bear. i'm coming out of hibernation after the best nap of my life... and p

. >> even royal caribbean. carnival was the poster child during the pandemic and maybe now that the tide has turned, so to speak. >> the financial health rating on carnival and royal caribbean is 36 and 31 they're not strong companies in that sense 40 and below is where most defaults have happened over the last 20 years, but they are, as you say, emblematic of companies that have been able to refinance and kick the debt can down the road others like right aid and amc and others that have had financial health deterioration, but don't have immediate short term maturity that will trip up and cause a default, but everyone needs to pay attention how they are improving if they improve operationally because when it comes time to have to refinance, it's going to be the critical issue >> it's fascinating because it means more shorts and more momentum traders every time there is a pop and inimportant to get the bigger picture. james gallagher with rapid rating >> coming up, one gaming reit can go up according to mizuho.

congratulations royal congratulations on royal caribbean. to say, caribbean.i've got to say, haviinice they're caribbean. i've got to say, haviinice people. they're caribbean. i've got to say, haviinice people. i'd they're caribbean. i've got to say, haviinice people. i'd like y're caribbean. i've got to say, haviinice people. i'd like a'e very nice people. and i'd like a free cabin . it's going to be me free cabin. it's going to be me and begins and a few seamen got and begins and a few seamen got a bit. >> captain, do you know what i fancy? >>a fancy? >> a bit of. a bit of rear admiral. oh stephen sondheim. >> that too. you're right. >> that too. you're right. >> we'd better move on. my mark meets guest is 80s pop icon one half of dollar theresa bazaar, who's making a welcome return to the stage with a brand new tour. and following on from my big opinion, we asked on twitter if society is too hard on males. the results are in. i'll reveal that straight after this. and don't forget, at 10:00, i'll be deaung don't forget, at 10:00, i'll be dealing with creepy

congratulations royal congratulations on royal caribbean. to say, caribbean. caribbean. i've got to say, haviinice they're caribbean. i've got to say, haviinice people. they're caribbean. i've got to say, haviinice people. and they're caribbean. i've got to say, haviinice people. and i'd they're caribbean. i've got to say, haviinice people. and i'd like y're caribbean. i've got to say, haviinice people. and i'd like a'e very nice people. and i'd like a free cabin . it's going to be me free cabin. it's going to be me and begins and a few seamen got and begins and a few seamen got a bit. >> captain, do you know what i fancy? >>a fancy? >> a bit of. a bit of rear admiral. oh stephen sondheim. >> that too. you're right. >> that too. you're right. >> we'd better move on. my mark meets guest is 80s pop icon one half of dollar theresa bazaar, who's making a welcome return to the stage with a brand new tour. and following on from my big opinion, we asked on twitter if society is too hard on males. the results are in. i'll reveal that straight after this. and don't for

a discussion among hedge funds saying, look, if you want to have the travel economy, don't go royal caribbeandelta go american express. and it failed to fulfill -- >> the commentary on the call was quite positive >> that's why i want to talk about it >> they did have a provision but nothing seemed to be completely awry, and yet, to your point, the stock was down sharply. >> that's why the stock is now looking badly down and i happened to question whether it deserves that discount, given the fact there really was an okay quarter >> it was. >> it was. and it's the key to this market in the sense of what, then >> people are saying -- well, people are saying that he can't do -- that steve can't do the 10% growth and the 15% sales that have been their algorithm i think that he can do a lot of levers, and i think that american express, which just became a victim of what people felt was the greatest story of all time, which is no more buy of services, lot of buy of travel lot of going out to dinner you know, let's watch it if it's down again today, then people are going to start questioning the trav

jonathan: royal caribbean, the stock is up 9%.n the most important theme, discretionary spending. discretionary spending has been a massive theme for this year. the airlines are up big. american, united, delta. the cruise line operators, three of the top performing 10 stocks on the s&p 500, royal caribbean, carnival. there was a third in their -- a third in there as well. does that last beyond the summer? and as we get to the back end of the year, things like student loan repayments resume, do we take that hit two discretionary spending a lot of people are expecting? if we don't, that inflation story starts to bite back and we have a different conversation about the federal reserve. lisa: if you see that start to fall off, all of a sudden is recession back on the table? is the concept of soft landing not preeminent? which raises this tension at a moment where the fed was embracing the soft landing, saying we are seeing strength and this is a good thing and inflation should fall off? is there an inherent conflict here as we look at

i have to tell you, looking at cruise lines, royal caribbean and gangbusters, i mentioned something iee today, facebook, matter, research supports down 30% revenue, down 31%, and stock is up $55. and artificial intelligence deal is for real at least for stock prices. where it stops we don't know. the reactions, anything a i have been gargantuan especially with companies with terrible earnings and revenue growth, stocks skyrocketing. we will see how far and how long they go. stuart: i don't care what you said about microsoft. i think you are all right. as you just heard, gary likes the cruise lines. on the left-hand side of the screen, what's going on? lauren: three of the top ten stocks in the s&p 500 this year our respondents. they reported today, they raised their annual profit forecast on demand from their outgoing customers. not only one but two. one girlfriend is flying to seattle, taking a 7-day trip and then another 2 alaska, two cruzs. never heard of that. stuart: hurts is a travel company of sorts and they are down. lauren: travel demand is prudential. airports and vacations,

royal caribbean, the stock on pace for a record year >>> three more names getting ready to rep

royal caribbean posted earnings per share 17% above wall street estimates with more growth expected this-- a step change in booking volumes leading us to expect double digit net growth. carnival and caribbean growing. >> kristina, thank you. >>> it's the last chance to weigh in on our twitter question we ask with the dow on this historic run, which stock in that index are you most optimistic about for the rest of the year is it microsoft, jpmorgan, apple or boeing? with that, closing bell on twitter, think about the stocks that have rey aladhad huge gains, too, not just the ones you like the best. the results are after the break. you get listening more than talking, and a personalized plan built on insights and innovative technology. you get grit, vision, and the creativity to guide you through a changing world. ♪ >>> to the results of our twitter question which stock in the index are you most optimistic about for the rest of the year microsoft, jpmorgan, apple or boeing apple is already up 50%. nonetheless, it is still leading slightly ahead of microsoft. >>> up next your earnings rundo

>> joey: we were on a cruise in haiti a beach for royal caribbean there. my son is 14 years old. took him to do a zip line. she and i rolled around in my wheelchair and found places to take pictures of her. she was as happy as can be. >> ainsley: you have your little girl. that's great. former president donald trump hit with three new charges and special counsel jack smith's classified records probe. >> joey: the 2020 republican frontrunner now facing up to 140 years from prison as is he accused of attempting to delete surveillance footage at mar-a-lago. >> lawrence: mark meredith is live with the latest from the white house. what can you tell us. >> good morning to all three of you and has been friday. the justice department is adding new charges against former president donald trump as the special counsel continues to prosecute both trump and top staffers for allegedly holding ton classified materials for mar-a-lago. a look at some of the additional charges being filed. late thursday special counsel jack smith adding charges of obstruction and willful destruction of defense inf

look to hilton and wyndham on wednesday and royal caribbean.fares anticipated to increase the next couple months. >> limited questions to ask. stock side of things you mentioned operators. management companies that manage the hotels that reits own. the real estate of. >> yeah. >> where has there been better performance? has it been in real estate side of things people who own the properties or those who make the money selling hotel rooms managing those properties? >> great question. hotel brands, marriott, hilton, hyatt outperformed real estate investment trust higher cost of capital and sitting on properties in a lot of destinations prices are coming down. >> vacation hot spots. maybe news you can use here, seema? if i was to take a more discounted vacation from where it has been over the last couple years where would i go >> tell you, just look at data looking to check into a hotel for $200 or less look at myrtle beach. san diego, galveston, texas. beachy destinations to find good value as prices go down. new york not so much prices going up.

are we seeing meta jump 5%, royal caribbean shares pop all these stocks staging these mammoth moves whilelow and the index suggests that traders are betting on that to continue in coming months. >> all right stay with us we will talk to you before the end of the program phil lebeau is taking a look at the moves in ford and lucid. phil, on the phone, they are going in opposite directions today? >> all about electric vehicles, scott. and getting hit with a double-whammy when it comes to evs. they disclosed they are going to be spending at least 1.5 billion more this year with their evs while at the same time slowing down production. and that's too much for the investors the a this point that's why the stock is getting hit by 4% today. is that making people think twice about specific ev names? those companies that are just building evs no all of them, tesla, rivian, fisker, lucid, they are all higher >> what does to tell you, phil, when ford raises guidance, the outlook was good for traditional vehicles and the stock goes down 3.5%, as to where investor expectations and hopes have gone as it

post-pandemic revenge spending on travel has royal caribbean stock of 120% this year. so far, it is almost back to where it was in february of 2020 shares of carnival have doubled this year in a region. cruise lines up by 76% from the nasdaq market site. i'm jane king. thank you. alright, incredible things are going back to know thanks to >> 7.18, and a developing story. the trucking company, yellow corps, which site in hayward, is shutting down operations. and that means 33,000 workers across the country will lose their jobs. it said 99 year-old company that has received a 700 million dollars bailout from the federal government just 3 years ago. and now yellow cord has more than a billion and a half dollars that they're in the red for according to wall street jury yellows collapse is the biggest in the history of the american trucking industry. >> really? poor you know, we're going to see where everything takes us. so i'm i'm pretty confident they'll be able to find something quickly with with what i was doing here. >> as the rumors of yellows bankruptcy went through

everywhere you go, royal caribbean, norwegian cruise, delta, american, we're filled, because we are travelingmorrow. >> yeah. that's one thing that rates really can't move is your appetite to travel >> no, and that's because we didn't get a lot of money in, and we have a huge amount of money coming from infrastructure you see these articles periodically, battling factories everywhere a lot of this is the success of the commerce secretary, raimondo, which is basically, before we got through all this, she's one of the last people -- no, she's the only person in the administration that actually understands business the other people understand foreign policy she knows how to hurt china. >> well, there's talk now or some expectation that she may also follow yellen in going to china at some point. >> if she goes to china, she would be, here's the way it's going to be. we don't need you. we're not selling prell anymore, we're not selling diapers or soft drinks. we are selling the things you need to have your military take over taiwan, and it's not going to happen. >> there's a look at the open. at t

hilton on wednesday, wyndham and royal caribbean on thursday.ere is one chart that the travel industry is watching very closely, it is marriott, the largest hotel operator versus airbnb, the largest home rental operator last year, marriott led by a mile and this year you're seeing the opposite with airbnb guys up 74% versus marriott up 30% and the big question is, as we continue to the second half of this year if that will change. if you look across vacation rentals, they're coming down at a faster pace than hotels. >> a value indicator toward airbnb. >> looking for value absolutely. when you look across, you can find those properties a lot easier when it comes to airbnb versus hotels. >> seema, thank you. seema mody. >> stocks up 0.2%. nasdaq calls are strong. we're back right after this. [phone: starting route.] technology helps us navigate to work. [phone: go straight.] but, to navigate the complexities of modern work... [phone: turn left.] ...you need more than technology. you need cdw. [phone: you have arrived.] so we'll implement cloud bas

bank, union square hospitality group and that's not the half of it same for the exchange, royal cari caribbean, frost bank, golden corral ceos and more back after this. >>> welcome back to "power lunch," everybody. the fed raising rates by 25 basis points or a quarter of one percentage point interest rates at the highest level in 22 years. let's get reaction from richard clarida. richard, welcome it's good to have you with us as always i think in the statement, the key word here or phrase maybe is that the chair and the committee referred to the extent of policy firming that may be indicated not whether more policy firming is indicated. >> exactly that language was introduced in the june statement and i think at the time was maybe a touch dovish and in the june meeting we had the skip but the more hawkish elevation of the dots no dots today. but looking at the statements there's a decision to leave wording unchanged and i think i take that as the chair wants to leave all of his options open for the rest of the year and i'm sure we'll hear something on that in the press conference. >> one of ou

through the top 10 on the s&p 500, nvidia, meta, and you have cruise operators, carnival up 135%, royal caribbean norwegian up 79%, and there is a homebuilder up close to 70%. what is that about? david: this is the big question and part of why so many people have gotten the market wrong this year. it feels like we are seeing rolling recessions in the economy, where first it was procyclical and rate sensitive parts like housing, services were shut down during the pandemic and things that continue to bounce nicely there. the path to a soft landing is that everything fails to roll over at the same time, and we see these many explosions and soft patches, which is not unfeasible, but i think what you are seeing in terms of top performers outside of tech, services, people are still going on vacation. i was in orlando the other weekend the airport was full. you look at homebuilders, when it comes to mortgage rates, it is the big move that puts things on ice. people look at the numbers and say rates and the houses are more expensive, but i don't think they will continue to rise. you are beginning to seek

a versus jpm has never been bigger >>> still ahead, the travel trade, shares of carnival and royal caribbeanga hot tech nesam can the trend continue we will ask one of the top analysts on the street that is next, don't go away. what's up my trade dogs? you should be listening to me. you want to be rich like me? you want to trust me on this one. [inaudible] wow! yeah! it's time to take control of your investing education. cut through the noise with best-in-class education resources that match your preferred style of learning. learn your way. not theirs. td ameritrade. where smart investors get smarter℠. (vo) this is sadie, she's on verizon. the network she can count on. td ameritrade. and now she's got myplan, the game-changing new plan that lets her pick exactly what she wants and save on every perk. sadie is getting her plan ready for a big trip. travel pass, on. nice iphone. cute couple. trips don't last forever, neither does summer love. so, sadie is moving on. apple music, check! introducing myplan. get exactly what you want, only pay for what you need. switch now and get iphone 14 pro m

royal. >> the scene on the caribbean soul was somber, shelley was laying in the cockpit. very destroyed. >> back on island, shelley was pronounced dead. an autopsy was conducted at a local funeral home. the cause of death, drowning. the coroner ruled it an accident. swain was free to return to tortola, in return to his own island of jamestown, rhode island, to try to settle back into the routine he held for years, running his dive shop. but now, without his shelley. years later, though, he would return to tortola. this time, in handcuffs. >> coming up, call it an accident, could that jury have been deliberate? a dramatic reenactment, on tape of that day in the deep. >> we found out what we wanted to find out. >> when "dateline" continues. craig melvin: when dateline continues. ms. tondorf: when we came home and looked at the phone power e*trade's award-winning trading app makes trading easier. with its customizable options chain, easy-to-use tools and paper trading to help sharpen your skills, you can stay on top of the market from wherever you are. e*trade from morgan st

, but also gave the caribbean, but also gave grist to the republicans in australia that somehow now the royald . but in the everyone believed. but in the end, i do think this comes down to king charles's leadership, that he has not been able to assert himself as a great commonwealth leader and the great misfortune is that the leadership of the commonwealth under patricia scotland is deeply contaminated. the secretariat is always very controversial and somehow under the queen, who is passionate about the commonwealth, the late queen, the late queen, there was always, always a great loyalty and that has disappeared. well i've been thinking about this, tom, this week. >> it feels like there >> it really feels like there has a shift, because the has been a shift, because the remarkable about queen remarkable thing about the queen and include the late and i also include the late queen sorry, and i also include prince as it, is prince philip as part of it, is that matter their age, no that no matter their age, no matter their health, they remained the undisputed stars of the royal family. i guess m

, but also gave the caribbean, but also gave grist to the republicans in australia that somehow now the royal but in the everyone believed. but in the end, i do think this comes down to king charles's leadership, that he has not been able to assert himself as a great commonwealth leader and the great misfortune is that the leadership of the commonwealth under patricia scotland is deeply contaminated. the secretariat is always very controversial and somehow under the queen, who is passionate about the commonwealth, the late queen, the late queen, there was always, always a great loyalty and that has disappeared. well i've been thinking about this, tom, this week. >> it really feels like there has a shift, because has been a shift, because the remarkable queen remarkable thing about the queen and include the late and i also include the late queen sorry, and i also include prince philip part of it, is prince philip as part of it, is that matter their age, no that no matter their age, no matter their health, they remained the undisputed stars of the royal family. i guess maybe the royal family. i

caribbean tour for william and kate. and to an extent, it worked out. >> yeah. and i think that meghan and harry have certainly an anti royalenda. they have an anti—british agenda, frankly, as well. and they are, i think, two of the most, you know, incredibly miserable and narcissistic individuals on the face of the earth. and they dedicate themselves basically to undermine earning the royal family. the royal family is actually very, very popular in the vast majority of commonwealth countries. most people in the commonwealth admire family and so i admire the royal family and so i think that this idea that, you know , meghan and harry will know, meghan and harry will succeed in their nefarious is deeply unpleasant mission. they're not going to succeed at all. i think they're already sinking in failures and they are going to fail spectacularly in terms of their attacks on the royal family and their attacks on the commonwealth as well. >> okay. fascinating debate. nigel peter tatchell, nigel gardiner, peter tatchell, kara kennedy speaking kara kennedy love speaking to you who do you agree you always. who do you agree with? wil

caribbean tour for william and kate. and to an extent, it worked out. >> yeah. and i think that meghan and harry have certainly an anti royalenda. they have an anti—british agenda, frankly, as well. and they are, i think, two of the most, you know, incredibly miserable and narcissistic individuals on the face of the earth. and they dedicate themselves basically to undermine earning the royal family. the royal family is actually very, very popular in the vast majority of commonwealth countries. most people in the commonwealth admire family and so i admire the royal family and so i think that this idea that, you know , meghan and harry will know, meghan and harry will succeed in their nefarious is deeply unpleasant mission. they're not going to succeed at all. i think they're already sinking in failures and they are going to fail spectacularly in terms of their attacks on the royal family and their attacks on the commonwealth as well. >> okay. fascinating debate. nigel peter tatchell, nigel gardiner, peter tatchell, kara kennedy speaking kara kennedy love speaking to you who do you agree you always. who do you agree with? wil