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Bloomberg Intelligence
Apple EU Warning, Carnival Earnings
Jun 28, 2024
Guests discuss Apple facing EU warning over App store abuses, China's perks for German carmakers to stop EV levies, midyear outlook for North America Restaurants, Archegos' last 72 hours, Carnival earnings, global carbon market trends
37:39
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Quick takeaways
- Apple faces EU warnings for alleged App store abuses, while China offers perks to German carmakers to prevent EV levies.
- Carbon markets are crucial for global emission reductions, but Wall Street's lack of oversight poses financial risks.
Deep dives
Carnival Sees Sustained Demand Boosting Earnings Despite Challenges
Carnival is experiencing sustained and broad-based demand growth, not only from traditional cruising customers but also from new entrants. Both European and North American markets are showing growth in onboard spending and ticket fares. While facing challenges like fuel and labor costs, the company is strategically managing costs and benefiting from robust demand.
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