MAR Jan 2025 360.000 call
| Previous Close | 1.3500 |
| Open | 1.3500 |
| Bid | 0.7000 |
| Ask | 1.0500 |
| Strike | 360.00 |
| Expire Date | 2025-01-17 |
| Day's Range | 1.3500 - 1.3500 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 11 |
- Yahoo Finance Video
May's PMI data and OPEC's production cuts: Catalysts
On today's episode of Catalysts, co-hosts Seana Smith and Madison Mills delve into various pivotal market developments, dissecting the ISM's manufacturing PMI data for the month of May, oil price dynamics (CL=F, BZ=F), and the top trending stocks. The Institute for Supply Management's (ISM) manufacturing Purchasing Managers' Index report revealed a slight decline in May. Saxo Bank Chief Global Equity Strategist Peter Garnry joins the show to provide insights on how markets are digesting this print and its implications for future interest rate cuts by the Federal Reserve. Meanwhile, OPEC+ extended its oil production cuts until 2025. Bob McNally, the founder and president of Rapidan Energy, joins the show to discuss the impact of this decision and delve into the macroeconomic factors currently influencing oil prices. Shifting gears, the show dives into the stock reactions of Yahoo Finance's top trending stocks, including tech titan Nvidia (NVDA), music streaming platform Spotify (SPOT), and aviation giant JetBlue (JBLU). This post was written by Angel Smith
- Yahoo Finance Video
Debt market access a challenge for hotel owners: Marriott CEO
Leisure and international travel continue to be two of the biggest drivers for Marriott International (MAR), as the hotel operator expects 3 to 5% in worldwide revenue growth and 5.5 to 6% in net growth in its full-year guidance. Mariott International CEO and President Anthony Capuano sits down with Yahoo Finance Executive Editor Brian Sozzi, outlining the hotel chain's expansion and conversion plans as well as how the company sees pricing and inflation fit into its 2024 forecasts. "The vast majority of our owners and franchisees are long-term investors in the sector, they understand that it's cyclical. I don't think they're hesitant because of interest rates, to be sure, that squeezes the returns. But their bigger challenge is just accessing debt," Capuano explains. "The debt markets for new hotel construction are very constricted in the US and in western Europe. There's plenty of available debt capital for existing assets, but the irony is, when you talk to these lenders, especially regional lenders, their hospitality portfolios are the best-performing assets in their commercial real estate portfolio." For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Luke Carberry Mogan.
SkiftMarriott Reveals First Look at Its Newest Hotel Brand
Marriott has unveiled details about its newest hotel brand, temporarily named Project Mid-T. It is mainly designed for converting existing hotels or reusing office spaces and is aimed at middle-class travelers.
