Weekly Roundup: Equinix Shares Rebound, Royal Caribbean Hits Record, Enphase's Strong Week

On this episode of Stock Movers:

- Equinix (EQIX) shares ended the week higher after seeing two days of consecutive losses. It was the second-best performing stock in the S&P 500 on Friday, following shares falling nearly 20% in the previous two trading sessions.

- Royal Caribbean (RCL) shares ended the week higher, driven by Carnival Cruise, which raised its guidance for the second time this year. Carnival CEO Josh Weinstein told analysts in the earnings call that he sees no signs that demand in the travel sector will slow.

- Enphase Energy (ENPH) shares, along with other US solar companies saw their shares rise as investors keep close tabs on how the clean energy industry could be impacted by regulatory changes as President Donald Trump's tax bill makes its way through Congress.

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Episode Transcript

Speaker 1 (00:02):
Bloomberg Audio Studios podcasts, radio news, The.

Speaker 2 (00:08):
Stock Movers podcast, your roundup of companies making moves in
the stock market, harnessing the power of Bloomberg Data.

Speaker 1 (00:17):
Let's take a look at some stocks on the move
this week. I Ami Morris. We're joined by Bloomberg's Red
Brown Read. Let's start in the real estate sector. A
stock we don't talk about all that often, Equinix.

Speaker 2 (00:28):
What do we need to know?

Speaker 3 (00:29):
Yeah, I know, you're right. It is one of those
stocks we don't talk about, maybe enough in their mind,
but it's got attached to artificial intelligence, so we will
be talking about it. Of course. Down ten point six
percent this week. Shares actually fell eleven percent yesterday after
the data Center Read gave disappointing long term outlook. Gained

(00:50):
some some of that back today, but you know, it's
one of those things with any company that's been attached
to AI, the expectations go way up. So even though
the company forecast that sales excuse me, the business would
grow by five percent next year before accelerating to nine
percent by the end of the decade, investors punished it

(01:12):
just because kind of below the expectations are around seven
percent growth this year. So yeah, one of those stories
that we continue to see coming up when companies can't
hit those lofty expectations once they are part of the
AI crowd.

Speaker 1 (01:26):
Absolutely the Equinex ticker by the way EQIX, And moving
to the travel and leisure industry, smooth sailing for one
of the world's biggest cruise operators, Royal Caribbean.

Speaker 3 (01:36):
Yeah, Royal Caribbean, the ticker on this one is ourcl
hit record highs today and had its best week since January,
up thirteen percent. Carnival as well following actually ahead of
Royal a little bit but fourteen percent, and then Norwegian
lagging by about five percent. And really it's Carnival that's
driving these performance this week they raise their guidance for

(01:57):
a second time already this year. Woke with the CFO
of Carnival after their earnings event on Tuesday and he said, really,
no signs of demand slowing at all. On board spending
still very strong. Cancelation rates are normal and that's even
with some of this geopolitical and economic jitters earlier this year.
So really kind of like you said, smooth sailing and yeah,

(02:21):
all systems go for Royal Caribbean. And the cruise industry
in general.

Speaker 1 (02:25):
And read any indication what's driving this demand.

Speaker 3 (02:29):
Yeah, No, it seems like it's just that people still
want to travel and they're you know, they're looking for
a cheap alternative to maybe a hotel or a long flight,
and cruises offer a really great option for people. Still
to this day, it seems like there's still kind of
around a thirty percent discount for cruising as compared to

(02:50):
maybe a land base getaway.

Speaker 1 (02:53):
Going for the experiences and not just the stuff. And
now finally you look at some clean energy. What's going
on with en Phase Energy this week?

Speaker 3 (03:02):
En Phase Energy, Yes, this is a stock that's kind
of been pingponged around over the last few weeks. The
ticker on this one is e NPH, down seven percent today,
but had a really strong week up around eleven percent.
Had it kept all of its gain, it would have
had its best week since July of twenty twenty four.
The reason that these stocks en Phase for solar, some

(03:22):
of these same names keep kind of bouncing around, so
much has to do if it's sol Energy has become
this political football. So it seems like every time a
new draft of the tax bill comes out, Republicans say
either they're cutting the subsidies earlier than expected, or they're
going to be softer on the subsidies this time around.
So for this week, sounds like Republicans are going to
be kinder to the clean energy industry then first expected,

(03:46):
maybe keep some of these subsidies around longer than was feared.
And yeah, we'll probably continue to see this situation in
the future, as you know, they change their mind week
to week about exactly what they'd like to do with
clean energy.

Speaker 2 (04:03):
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