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🦧 cruising on a 9-month high
📝 a post-earnings +7% rush
RCL 0.00%↑ (royal caribbean cruises) reported expectation-beating numbers by a huge margin for q4 2022
revenue jumped 165% to ~$2.6b from a year ago – this was partly because cruising activities were just that low in 2021 (the factset consensus was pretty much around the same at $2.6b)
but it's the net loss figure that came in at $500.2m – net loss per share (yes, despite the killer report, the company is still at a loss) went down from $5.33 to $1.96 a share
💪 cruise is finally coming back
ceo jason liberty said on tuesday that they are experiecing "a booked position approaching previous record highs and at higher prices"
sure, that’s just the company management saying it, so we may need to take it with a grain of salt, but cfo of AXP 0.00%↑ (american express) gave a hint in january that spending on travel and entertainment (aka pandemic-deferred vacations" is "just off the charts"
👀 so far this year
*as of writing
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💡 something im thinking about
instagram co-founders are building artifact, "tiktok for text" (click image)