00:00Speaking of higher, we've got StubHub. That stock is up 15% this morning, which is welcome news for
00:06investors because it's been down year to date, down about 44%. So StubHub swung to a first
00:11quarter profit. Sales climbed on strong ticket demand. It posted first quarter profit of $32.5
00:17million. That's reversing a year earlier loss. Revenue climbed 12%. And gross merchandise sales
00:24rose 7% to over $2 billion. The CEO, Eric Baker, he's citing healthy trends in live events. He says
00:31people, quote, love live events and also their resale marketplace. Because look, StubHub's core
00:37business involves collecting fees on tickets to concerts, sporting events, and also that resale
00:43market where there's a big markup, as we know. Including at the Bell Center in Montreal. Thank
00:48you. Exactly. They also back their full year guidance. So apparently people are still spending
00:53on events and live events at that and they're benefiting from it. Like Bruce Springsteen
00:58at the UBS forum. Yeah. Niels Lofkin. Excuse me. Oh, I stand corrected. In the control room,
01:06the UBS arena, Niels Lofkin was unreal. Yep. To say the least. All right, let's stick with some
01:13entertainment services and do a little Viking holdings. This one's for you, Paul. I know you're
01:17taking your Viking cruise coming up. So the stock is up 7%, up 15% year to date. And I
01:23looked at the
01:24past year, up 75%. So way to go for Viking. Reported strong first quarter results with over
01:30a billion dollars in revenue. That beat estimates. They did post a first quarter net loss of 54 million
01:35or 12 cents a share. So Viking says passengers are increasingly booking cruises further out
01:40while it is making more money from each passenger per day at sea. I wonder if how much of that
01:47is
01:47alcohol. I think we go to our control room right now. Cy, help me here as well on cruises. Is
01:52there
01:52like levels? Is there like a fancy cruise line? Is Viking like deluxe or are they like, they're a good
01:58one. Okay. Get this capacity for the current season is sold for 92%. They're at 92% of capacity. So
02:07at
02:07least that luxury cruise line is not, they got my money like six months ago. Exactly. We should do
02:12a surveillance cruise thing. I should talk to Sparta. I'll see if I can get mine sponsored in
02:17October. Let's go do that. January, Turkey. Well, we could do Europe as well to bring Francine
02:23LaCroix along. It'd be great. All right. And then let's, let's stick with Europe and talk a little
02:28watches of Switzerland. So this stock up more than 16% in London, up 30% year to date. So
02:35in case you
02:35don't know, they're one of the world's top sellers of Rolex watches. And they said revenue
02:39surge to a record last year and profit is expected to come in higher than estimates. That's after
02:47strong sales, believe it or not, right here in the U S I was a little surprised to hear that
02:51they entered watches of Switzerland, entered the U S market eight years ago, and it now accounts for
02:57more than half of their group sales. And this is an important milestone for a company that's pledged
03:02to double sales and profit by 2028. That's pretty ambitious, but it looks like they are
03:07well on their way. I mean, they, they cratered and they've come back. Yeah, basically. And you know,
03:13in the beginning of the year, they said, look, we've got these tariffs from president Trump,
03:16higher raw materials. So don't expect much, but it looks like business is strong and watchmakers in
03:22general are just facing higher costs like gold, for instance, right? The gold is a, you know,
03:27high and you've got consumer uncertainty, retail sales today, pulling back from, uh, from last
03:33month's or previous months. Uh, high Alexis Christoffers. Thank you so much. It's stock
03:37movers. It's a podcast that we do any number of times a day, but nobody does it like Alexis. I
03:42mean,
03:42it's just all there is to it as well.
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