Royal Caribbean Cruises Rises, Hilton Worldwide Falls, Sherwin-Williams Drops as EPS Misses on Costs

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0:15 Let's take a look at some of the stocks on the move today. We can do that with Avalon Purnell. She's an equities reporter for Bloomberg News joining us here in studio. Avalon, what are you looking at today? We have to start off with Royal Caribbean. That's ticker RCL.

0:26 It's currently jumping about 7.4%. And that's after reports that Iranian leaders are discussing an end to the war, which has triggered a dip in oil prices. Fuel costs understandably represent a pretty large headwind for cruise line operators like Royal. And Stiefel also noting that Royal Caribbean's booking commentary remains incredibly upbeat as well, with pacing still ahead of historical levels.

0:49 Even despite higher rates. That's interesting.

0:52 I feel like we've been having so much focus on these cruise lines, airlines, any sort of industry that's really been impacted by the higher fuel costs. So Nice to see a bit of a lift when it comes to the Royal Caribbean. Where else are you keeping your eyes?

1:03 Hilton, that's ticker HLT. It's currently falling about 2.8% most intraday since July.

1:09 And that's after the hotel chain's third quarter results failed to meet pretty.

1:13 Outsized expectations from investors.

1:16 BMO's Ari Klein highlighting that while fundamentals remain healthy, the flow through from the quarterly beat was a little bit less than expected.

1:24 He expects this to.

1:25 Weigh on shares in the near term, given the incredibly high expectations going into the print. Worth noting that Hilton did touch an all-time record high just last week. There you go.

1:35 Wow.

1:35 All right, very good.

1:36 Sherman Williams.

1:38 Yes, ticker SHW currently slipping now about 1.6%. And that's after the paint maker reported profit that missed expectations and also narrowed its full year earnings forecast as higher raw material costs continue to eat into their profits. Cities, Patrick Cunningham noting that while sales did increase this quarter, that the earnings did miss again on those higher costs. Also worth noting that negative housing data continues to weigh on Sherwin's Paint Stores Group.

2:06 I mean, we just saw today that U.S.

2:08 New home sales did fall again last month amid a surge in mortgage rates.

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