Operator Greetings, and welcome to the Dow fourth quarter 2024 earnings conference call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation.

Tesla just released its Q4 2024 earnings results, and the stock is reacting in after-hours trading. The EV company reported earnings-per-share (EPS) of $0.73/share and revenues of $25.7 billion, missing Wall Street analyst estimates of $0.76/share and $27.3 billion.

Royal Caribbean said on Tuesday that 2025 was shaping up "to be another great year", with a near 23% jump expected in adjusted earnings, as it benefits from higher bookings at record prices and new river cruise itineraries.

At this time, I would like to welcome everyone to the Royal Caribbean Group fourth-quarter and full-year 2024 earnings conference call. [Operator instructions] I would now like to introduce Blake Vanier,

Royal Caribbean Cruises Ltd.’s shares climbed after it reported a full-year profit forecast that blew past expectations as cruise demand continues to ramp up.