Watch Paul and Scarlet LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu -Brian Egger, Bloomberg Intelligence Senior Gaming and Lodging Analyst, discusses Carnival earnings. According to Bloomberg Intelligence: Carnival&#x27;s outlook for 1.75% constant-currency full-year revenue-yield growth (2.25% excluding deployment and loyalty-program changes) reflects a 100-bp guidance reduction since March, due to higher airfare and gas prices amid disruption from conflict in the Middle East. -Robert Schiffman, Senior Tech Credit Analyst for Bloomberg Intelligence, discusses SpaceX’s historic bond debut. According to Bloomberg Intelligence: SpaceX&#x27;s inaugural high grade bond offering could draw heavy demand, aided by first-time issuer scarcity and demand for diversified AI-linked credit exposure. Key-person risk, large funding needs and execution challenges tied to space and AI expansion may raise questions about balance-sheet strength and cash-flow generation over time. -Mandeep Singh, Global Tech Research Head at Bloomberg Intelligence, discusses SpaceX. After pulling off a record $86 billion IPO in mid-June and riding an initial surge, enthusiasm waned for the stock that’s been at the forefront of a retail frenzy in speculative space and AI trades. -Madison Muller, Bloomberg News Health Reporter, discusses the Bloomberg Big Take: “How Eli Lilly&#x27;s CEO Plans to Keep the GLP-1 Boom Going.” When Dave Ricks became chief executive officer of Eli Lilly &amp; Co. in 2017, he was facing an industry under siege. Americans held drug companies in lower esteem than airlines, law firms and even the federal government. President Donald Trump, then starting his first term, was excoriating them for their high prices. A mounting number of reports showed that soaring costs were even forcing some diabetics to ration insulin. See omnystudio.com/listener for privacy information.

Carnival Leads Cruise Stocks Lower on Weak 3Q Outlook 

Bloomberg Intelligence

# Full Transcript

**Podcast:** Bloomberg Intelligence

## Participants

- **Paul Sweeney** (Bloomberg Intelligence)
- **Scarlet Fu** (Bloomberg Intelligence)
- **Brian Negri** (Bloomberg Intelligence)
- **Mandeep Singh** (Bloomberg Intelligence)
- **Robert Shiffman** (Bloomberg Intelligence)
- **Madison Muller** (Bloomberg News)

## Transcript

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Business app. Listen on demand wherever you get your podcasts or watch us live on YouTube. Carnival Cruise Lines reported some numbers a little bit disappointing. Stock trading down about 5% here today. I think Michael Barr. Bloomberg's Michael Barr was on a Carnival Cruise Line trip last week, and he goes crazy there. We know Charlie Pellett, big cruise guy himself. So there's a lot of cruises around here in Bloomberg. Brian Negri joins us here, Senior Gaming and Lodging

Analyst for Bloomberg Intelligence. Talk to us about Carnival Cruise Lines. What did you learn on the earnings report? So, I mean, they're still looking for some yield growth, positive yield growth this year. I think the change, perhaps, was the war in Iran clearly had an effect. Affected gas prices, affected air travel, and the perception of the ease of air travel, and some itineraries in the eastern Medi...

Carnival Leads Cruise Stocks Lower on Weak 3Q Outlook

Transcript

Built for investment professionals

Every day you wait, your competitors are finding
edge in conversations you're not hearing.

Carnival Leads Cruise Stocks Lower on Weak 3Q Outlook

Transcript

Built for investment professionals

Every day you wait, your competitors are findingedge in conversations you're not hearing.

Every day you wait, your competitors are finding
edge in conversations you're not hearing.