Norwegian Cruise Line Holdings Ltd (NCLH) News & EventsNCLHNorwegian Cruise Line Holdings Ltd

Major Averages Decline as Bond Yields Surge

The major averages were broadly lower as a surge in sovereign bond yields arrives amid concerns around inflation and higher oil prices. Semiconductor weakness also appears to be weighing on the broader market, with big chip stocks such as Western Digital, SanDisk, Marvell, and Seagate are all slipping.Meanwhile, the Federal Reserve's July meeting minutes, due Wednesday, are another catalyst. After the recent weak labor-market data and relatively benign inflation reports, investors have been looking for evidence that policymakers are becoming more comfortable with eventual rate cuts. However, the renewed rise in oil prices and long-term Treasury yields could complicate that outlook.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Home Depotreportedand reiterated its outlook for FY26Baidureported downbeatTeslais preparing for an August launch of its Cybercab,KKRhas offered to acquire UGI Corporationfor $9B,Anthropic is seeking to expand its pre-IPO credit facility beyond $10B,2. WALL STREET CALLS:DA DavidsonDuolingoto Buy from NeutralBath & Body Worksto Buy at Citi on a favorable risk/rewardMizuhoNorwegian Cruise Lineto Neutral from OutperformCraig-HallumGlobalstarto Hold from BuyAutohometo Underperform at BofA3. AROUND THE WEB:Disney'sABC is suing the FCC, arguing that its efforts to challenge ABC's broadcast licenses and regulate The View are unconstitutional attempts to suppress speech, WSJ reportsGoldman Sachswill pay as much as $410M to buy LCN Capital Partners, a commercial real estate investor, Bloomberg reportsParamount Skydanceasked a U.S. judge to require states challenging the acquisition of Warner Bros.to post a $1.88B bond to address the costs caused by the delays, Reuters reportsCostcoplans to soon rollout Costco-branded Medicare plans, working with SCAN Group, WSJ saysInvestors are concerned about Mark Walter selling Carvana, Bloomberg reports4. MOVERS:Amylyxgains after announcing its Lucidity Phase 3 trialWeaveincreases after announcing itfor $7.40 per share in cashDuos Technologieshigher afterand backing its outlook for FY26Klarnafalls after, lowering its guidance for FY26, and announcing planned executive transitionsiQiyilower in New York after5. EARNINGS/GUIDANCE:Amer Sportsand raised its outlook for FY26, with CEO James Zheng commenting, "Our global momentum continued through the second quarter with over 30% revenue growth and strong operating margin expansion"Pony AI, with EPS beating consensusDocGoand narrowed its guidance for FY26Fabrinet, with EPS and revenue beating consensusYalla, with EPS lower year-over-yearINDEXES:The Dow fell 116.38, or 0.22%, to 53,343.40, the Nasdaq lost 355.20, or 1.33%, to 26,289.71, and the S&P 500 declined 53.30, or 0.69%, to 7,691.76.

Major Averages Decline as Bond Yields Surge

The major averages were broadly lower near noon as a surge in sovereign bond yields arrives amid concerns around inflation and higher oil prices. Semiconductor weakness also appears to be weighing on the broader market, with big chip stocks such as Western Digital, SanDisk, Marvell, and Seagate are all slipping.Meanwhile, the Federal Reserve's July meeting minutes, due Wednesday, are another catalyst. After the recent weak labor-market data and relatively benign inflation reports, investors have been looking for evidence that policymakers are becoming more comfortable with eventual rate cuts. However, the renewed rise in oil prices and long-term Treasury yields could complicate that outlook.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Home Depotreportedand reiterated its outlook for FY26Baidureported downbeatTeslais preparing for an August launch of its Cybercab,KKRhas offered to acquire UGI Corporationfor $9B,Disney'sABC is suing the FCC, arguing that its efforts to challenge ABC's broadcast licenses and regulate The View are unconstitutional attempts to suppress speech,2. WALL STREET CALLS:DA DavidsonDuolingo (DUOL) to Buy from NeutralBath & Body Worksto Buy at Citi on a favorable risk/rewardMizuhoNorwegian Cruise Lineto Neutral from OutperformCraig-HallumGlobalstarto Hold from BuyAutohometo Underperform at BofA3. AROUND THE WEB:Metaand BlackRock'snew $14bn data center in El Paso, Texas has secured hundreds of millions of dollars of insurance coverage, but the purchase leaves the facility exposed to billions of dollars in losses above those caps on insurance coverage, FT saysGoldman Sachswill pay as much as $410M to buy LCN Capital Partners, a commercial real estate investor, Bloomberg reportsThe Vineland Planning Board voted to approve Phase 2 of Nebius'sdata center already under construction in the South Jersey, NBC saysParamount Skydanceasked a U.S. judge to require states challenging the acquisition of Warner Bros.to post a $1.88B bond to address the costs caused by the delays, Reuters reportsCostcoplans to soon rollout Costco-branded Medicare plans, working with SCAN Group, WSJ says4. MOVERS:Amylyxgains after announcing its Lucidity Phase 3 trialWeaveincreases after announcing it will befor $7.40 per share in cashDuos Technologieshigher afterand backing its outlook for FY26Klarna (KLAR) falls after, lowering its guidance for FY26, and announcing planned executive transitionsiQiyilower in New York after5. EARNINGS/GUIDANCE:Amer Sports (AS)and raised its outlook for FY26, with CEO James Zheng commenting, "Our global momentum continued through the second quarter with over 30% revenue growth and strong operating margin expansion"Pony AI, with EPS beating consensusDocGoand narrowed its guidance for FY26Fabrinet, with EPS and revenue beating consensusYalla (YALA), with EPS lower year-over-yearINDEXES:Near midday, the Dow was down 111.93, or 0.21%, to 53,347.85, the Nasdaq was down 294.51, or 1.11%, to 26,350.40, and the S&P 500 was down 41.37, or 0.53%, to 7,703.69.

Microsoft's Strong Earnings Boosts Stock Futures Rebound

Stock futures are rebounding Thursday after Wednesday's volatile session, as a strong earnings report from Microsoft helped restore confidence in the artificial intelligence trade and offset lingering uncertainty following the Federal Reserve's latest policy decision.The Federal Reserve left interest rates unchanged on Wednesday, as widely expected, but markets were unsettled by signs of growing disagreement among policymakers and Fed Chair Kevin Warsh's reluctance to provide clear forward guidance on the path of monetary policy. Treasury yields climbed following the decision, with the 30-year Treasury yield reaching its highest level in nearly two decades, reflecting persistent concerns about inflation and the outlook for rates.Corporate earnings remain the primary catalyst for markets. Microsoft shares are surging in premarket trading after the software giant reported stronger-than-expected quarterly results, projected robust current-quarter sales and cloud growth, and reassured investors with a lower-than-feared capital expenditure outlook. The results helped ease recent concerns that soaring AI-related spending was outpacing returns. Not all technology earnings were well received, however, as Meta Platforms is trading sharply lower after reporting a steep decline in free cash flow tied to heavy AI investment.In pre-market trading, S&P 500 futures rose 0.58%, Nasdaq futures rose 1.60% and Dow futures rose 0.35%.Check out this morning's top movers from around Wall Street, compiled by The Fly.HIGHER -MarketAxessup 30% after Intercontinental Exchangeannounced a definitive agreement to acquire the company for $167 per share in cashUP AFTER EARNINGS -Baxterup 14%Quanta Servicesup 13%Lam Researchup 13%Fortinetup 12%Microsoftup 9%Chipotleup 7%ING Groepup 5%Lloyds Bankingup 4%Starbucksup 4%Oil Statesup 3%Shellup 2%Wescoup 1%Bristol Myersup 1%DOWN AFTER EARNINGS -Teladocdown 19%Meta Platformsdown 9%Sirius XMdown 8%Check Pointdown 8%Carvanadown 8%AMC Networksdown 6%Norwegian Cruise Linedown 6%Sanofidown 5%Altria Groupdown 3%Qualcommdown 3%AB InBevdown 2%