Carnival Just Dunked on the "Recession" Narrative

😎 Market Vibes

Markets are spinning their wheels and investors are getting whiplash.
Wall Street's lighting sparklers and popping champagne - Q2 earnings are bringing the heat. From cruise ships to chips, the numbers are torching expectations and singeing recession fears along the way. Looks like the fireworks aren't over - they just moved to the earnings reports. We’re sharing some notable earnings from Q2 - let’s dive in.

🎆 Fireworks Earnings

• 🛳️ Carnival Cruises to Record Haul: $6.3B in Q2 revenue, net income tripled, and guidance smashed. Apparently, the only thing sinking is the idea of a travel recession.

• 📊 Progress Software Prints Gains: 36% revenue growth to $237M and ARR up 46%. SaaS might be boring, but boring is rich.

• 🌶️ McCormick Serves Up Flavor and Profits: $1.66B in sales with a 6% EPS beat - because Wall Street still respects spice.

• 🔌 Broadcom Rides the AI Chip Wave: 20% revenue pop as silicon demand keeps surging. Who needs a Plan B when AI is Plan A to Z?

• 💳 Visa Still on a Swipe Spree: $9.55B in revenue with 13% growth in cross-border volume. Consumers are spending like it's pre-pandemic spring break.

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💸 Trade Talk

Q2 was a rollercoaster: markets flirted with bear territory in April, then soared to record highs by June. AI mania and resilient earnings fueled the rebound, but trade wars and inflation fears loom large. Q3 could be the hangover after the party.

🧠 Big Brain Energy

$6.3B in Q2 Revenue? Carnival Just Dunked on the "Recession" Narrative.
The cruise line tripled net income and beat guidance by $185M. Apparently, consumers will skip dental visits, rent, and retirement savings - but not balcony suites with unlimited shrimp.

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🧨The Outrage Meter

Tesla's Q2 has been a full-blown meme loop. Deliveries dropped 13.5% year-over-year, missing the mark, yet the stock popped anyway-because why not. Elon teased cheaper models (again), reignited his feud with Trump over subsidy cuts, and still managed to keep traders hopeful. At this point, "soon" might be Tesla's most valuable asset.

🤔What Do You Think?

✌️ Thanks for vibing with us. The market's still hot, the shrimp's still unlimited - let's see how long the party lasts.

⚠️ WARNING: Market data is subject to rapid change. Verify current information before making trading decisions.

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