On Wednesday Morgan Stanley analyst Jamie Rollo resumed coverage of Royal Caribbean underweight ratings.Rollo gave Carnival a underweight rating, and downgraded Norwegian to underweight as well. RCL's 10-day Moving Average broke above its 50-day Moving Average on May 08, 2020 This price move may be construed as a buy signal, indicating that the trend is shifting higher.

American flew just 20% in May. “Our July schedule includes the smallest year-over-year capacity reduction since March", said Vasu Raja, senior vice president of network strategy.Raja mentioned “a slow but steady rise in domestic demand”. Last week, American Airlines said it planned to cut its management and support staff by about -30%. AAL in +6.66% Uptrend, growing for three consecutive days on June 03, 2020 As a Bullish sign, keep an eye on this company's ticker for future growth.

China has used grand ambitions and careful government planning to create powerful, profitable companies uniquely positioned to take advantage of their market – and beyond. Home to the largest internet and mobile markets in the world, Chinese companies tend to be more transaction-based than their Western counterparts.and internet services (including the largest search engine in China). While the trade wars and questions about Chinese technology companies’ ability to innovate remain, many economic experts see a positive future, driven in part by the impending arrival of 5G technology.

Apple  is reportedly preparing to begin production of its 6.1-inch iPhone models in July or August. The tech behemoth is planning  to launch four new iPhone models in three sizes this fall.It will likely introduce these devices in October versus September, Digitimes reported. MacRumors said Samsung will supply the displays for three of the models: the 5.4-inch entry-level ‌‌iPhone 12‌‌, and the 6.1-inch and 6.7-inch ‌‌iPhone 12‌‌ Pro units. LG and China's BOE could be supplying displays for the fourth one (6.1-inch ‌‌iPhone 12‌‌). No official statement from Apple has come yet on the news report. Tickeron's A.I.-powered scorecard rates Apple as a STRONG BUY. Current price $320.76 crossed the support line at $314.97 and is trading between $323.99 resistance and $314.97 support lines. Throughout the month of 04/28/20 - 05/29/20, the price experienced a +14% Uptrend.

Coty Inc. announced its new CEO, following allegations that Kylie Jenner had overstated her personal wealth to inflate the value of a brand sold to the cosmetics company. Coty Chairman Peter Harf is set to replace the outgoing Pierre Laubies as CEO .The company will form a three-person executive committee intended to ensure  that Coty takes the right steps towards becoming a more profitable business and delivering on its commitments. On Friday, a report from Forbes suggested that Jenner, who sold 51% of her 'Kyle Cosmetics' line to Coty last year for around $600 million, had inflated its value to the media. Jenner said the report was full of "a number of inaccurate statements and unproven assumptions.The odds of a continued Downtrend are 75%. The Aroon Indicator entered a Downtrend today.

Williams-Sonoma  got their price target hikes, following higher-than-expected same-store sales growth amid covid-19 crisis. The retailer of home furnishings and kitchenware reported same-store sales growth of +2.6% in the first quarter, crushing analysts’ anticipation of a - 11.5% decline.  Comparable sales in the e-commerce segment increased +31%. Wedbush analyst Seth Basham affirmed his outperform rating, and boosted his price target to $90 from $80.He also mentioned that consumers have been shifting their spending online, and also shifting spending to their homes as they reduce travel and entertainment. RBC Capital analyst Scot Ciccarelli hiked the price target on Williams-Sonoma to $76 from $70, and said that the first-quarter earnings beat was supported by "home-centric purchases," and e-commerce generating an even bigger sales growth than expected.

 The average transaction climbed +9.3% from last year.Membership revenues increased+ 5% to $815 million The company’s U.S. stores remained open during the pandemic since it sells essential goods (among other items). Tickeron's A.I.-powered scorecard rates Costco as HOLD. Current price $306.00 crossed the resistance line at $300.88 and is trading between $309.90 support and $300.88 resistance lines. Throughout the month of 04/27/20 - 05/28/20, the price experienced a +0.48% Uptrend.

Canopy Growth reported a wider-than-anticipated loss for its fiscal fourth quarter. The cannabis company’s  net loss for the quarter came in at - C$3.72 a share, compared to the -44 cents a share loss expected by analysts polled by FactSet.The year-ago quarter’s loss was -C$1.10 a share. However, sales increased to C$115.1 million (from the year-ago quarter’s C$106.5 million). Due to the coronavirus pandemic, Canopy is withdrawing its prior guidance for positive adjusted EBITDA and net income. Tickeron's A.I.-powered scorecard rates Canopy Growth a STRONG BUY. Current price $17.18 crossed the support line at $17.64 and is trading between $17.64 support and $15.10 support lines. Throughout the month of 04/27/20 - 05/28/20, the price experienced a +24% Uptrend.

Apple got price target hikes from two analysts. Deutsche Bank analyst Jeriel Ong boosted his  target to $320 from $305 on the iPhone maker’s shares, citing the company’s store reopenings as a “directional sign” of improvement and a movement toward a more normalized demand environment for the company.Despite the optimistic outlook, Ong warned about the effects of high unemployment and “smaller consumer pockets” on the next-generation iPhone launch that is expected in September/October. Jefferies analyst Kyle McNealy lifted his price target to $370 from $350, on what he perceives  to be Apple’s strong growth through online channels since the beginning of covid-19 crisis.

Tesla  got a healthy price-target hike from Wedbush Securities analyst Dan Ives. Ives cited  the electric carmaker’s “turning the corner” in demand and production recovery,  following the covid-19 crisis. Ives boosted his one-year price target on Tesla’s shares to $800, around a third higher than his prior target. Amidst the challenges posed by the global pandemic, the company took a “major step forward” around addressing demand and production concerns with the Fremont artery now up and running following the resolution of Musk vs. Alameda County stand-off – according to Ives. The analyst mentioned that while 2Q delivery numbers remain uncertain due to logistical issues in the pandemic, and with lockdown restrictions beginning to ease across the U.S. and Europe, the underlying demand for Model 3 in China seems strong, with a “solid” May and June likely and clear momentum heading into 2H. TSLA enters an Uptrend as Momentum Indicator exceeded the 0 level on May 26

Deep discount retail chains Dollar General (NYSE: DG) and Dollar Tree (Nasdaq: DLTR) are both set to release fiscal first quarter earnings results before the market opens on Thursday, May 28.This means the companies have seen similar sales growth, similar return on equity readings and profit margins. Dollar General's Price Growth Rating (41) in the Discount Stores industry is in the same range as Dollar Tree (54).

Deere & Co.  posted second quarter sales that surpassed  estimates.The company however warned of a possible blow to full-year sales amid global coronavirus pandemic.  The agricultural equipment maker’s diluted earnings for the three months ending on May 3, came in at $2.11 per share, down -40% year-over-year. Revenue dropped -18% year-over-year to $9.253 billion, but beat the Street forecast of $7.7 billion. Looking ahead, Deer projects fiscal 2020 net income in the range of $1.6 billion to $2 billion. The company anticipates global agriculture and turf equipment sales to fall between -10% to -15% in 2020 fiscal year, and construction and forestry equipment sales to plunge by as much as -40%.  

Alibaba Group Holding Co. reported fourth quarter earnings that surpassed analysts’ expectations.The pandemic-induced lockdown seemed to boost online consumer spending. The e-commerce behemoth’s  diluted non-GAAP earnings for the three months ending in March, came in at $1.30 per share, exceeding the Street's estimate of around 86 cents per share. Revenue increased +22% year-over-year to $16.144 billion, also beating analysts' estimates of a $15.28 billion. Cloud computing revenues surged +58% to a record $1.725 billion. "The pandemic has fundamentally altered consumer behavior and enterprise operations, making digital adoption and transformation a necessity", said CEO Daniel Zhang. Meanwhile, potential risks to China shares trading on U.S. exchanges have emerged following the recently passed Holding Foreign Companies Accountable Act by U.S. Senate lawmakers.

Nvidia Corp  reported  first quarter earnings that beat analysts’ expectations. The semiconductor company’s  non-GAAP earnings for the three months ending April 26 came in at $1.80 per share, exceeding the Street consensus estimate of $1.69 per share.The figure is more than double the year-ago quarter. Revenue surged +38.7% to $3.08 billion, above analysts’ estimate. The company experienced a +80% year-on-year surge in data center chip sales. Nvidia ha projected current quarter revenue of  $3.65 billion (higher than expected),  plus or minus 2% - partly due to last year's $6.9 billion purchase of Mellanox Technologies.

Some $17.8 billion has been poured into  bond markets over the past week, the biggest move in more than three months.Around $3.5 billion has been invested into gold, the second largest on record. 

But its CEO hinted at early signs of optimism from store re-openings. In the fiscal first quarter ended May 2, the  off-price department store company's revenue of $4.409 billion was less than half the year-ago level of $9.278 billion.The figure came in lower than the $5.82 billion predicted by analysts polled by Investing.com .  The company reported a net loss of - 74 cents a share, compared to analysts’ expectation of a loss of -2 cents a share.

The retail company, however, suspended its full-year guidance. The company’s  non-GAAP earnings for the three months ending on May 2 came in at 67 cents per share, exceeding the the Street estimate of 43 cents per share .Online sales, surged +155.4% year-over-year,  while comparable physical store sales dropped -5.3% amid the COVID-19 pandemic Best Buy suspended its full-year earnings forecast.

AstraZeneca  received more than $1 billion funding from the U.S. government for expanding the manufacturing of an experimental coronavirus vaccine from the University of Oxford. The U.K.-based company said it received the amount from the U.S. Biomedical Advanced Research and Development Authority for the development, production, and delivery of the vaccine.The vaccine is being developed by Oxford and the U.K. government. The development includes a phase 3 clinical trial consisting of 30,000 participants and a pediatric trial. AstraZeneca  has secured a total manufacturing capacity for 1 billion doses.

Search engine/cloud company Baidu Inc.  could leave the Nasdaq, as US lawmakers press for tighter restrictions on  listing requirements.   According to Reuters,  Baidu CEO Robin Li told the state-controlled China Daily newspaper that there are 'many choices' for a good company to list and that they're 'not limited' to the U.S. On Wednesday, Senate lawmakers said non-U.S. companies listed on domestic exchanges will be required to prove  "they are not owned or controlled by a foreign government.” The Nasdaq indicated that it will tighten IPO rules for foreign companies. Baidu shares were down -0.75% in early trading Thursday.

Lowe's Companies reported first quarter earnings that exceeded analysts’ expectations. The home improvement/decor retail company’s  adjusted earnings for the three months ending on May 1 came in at $1.77 per share, surpassing  the Street estimate of $1.22 per share. Online sales surged around +80%. "Our strong first-quarter performance, which continues into May, also reflects the benefits of our retail fundamentals strategy, the improvement in our execution, and the resiliency of our home improvement business model," said CEO Marvin Ellison.