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Shubhangi Goel   


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Carnival posts $2.8 billion loss in third quarter after the COVID-19 Delta variant caused a slump in summer cruise sales

Carnival Corp, which posted a significant third-quarter loss, said the average ship was only 59% fu…

Zahra Tayeb   


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Reopening stocks from airlines to cruise operators are getting hammered as Delta strain drives surge of infections

The CDC on Monday advised Americans to avoid traveling to the UK because of rising coronavirus case…

Carla Mozée   


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Airline and cruise stocks rally as Pfizer drug progress spurs hope for travel-industry recovery

United Airlines surged as much as 27%, while Delta Air Lines and American Airlines climbed 23% and …

Ben Winck   


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Cruise stocks surge after Bank of America lifts price targets on vaccine hopes

Carnival and Norwegian Cruise Line Holdings soared as much as 11.1% and 9.9%, respectively. Royal C…

Ben Winck   


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Travel stocks surge as new COVID cases decline and treatment updates raise hopes for demand rebound

Daily new cases in the US reached 34,567 on Sunday, the lowest level in more than two months and th…

Ben Winck   


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Cruise stocks extend plunge after CDC lengthens no-sail order through September

The CDC cited "ongoing" COVID-19 outbreaks aboard ships in its decision. The sailing ban was schedu…

Ben Winck   


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The spending slowdown is coming. The stock market should brace for impact.

Americans are facing many reasons to tighten their belts. That could spell trouble for 2023's red-h…

Phil Rosen   


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Billionaire investor Stanley Druckenmiller loaded up on Palantir, added bank stocks, and sold Carnival Cruise Line in the 1st quarter of 2021

Druckenmiller's Duquesne Family Office started a $139 million position in Palantir during the first…

Emily Graffeo   


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Cruise lines surge after Carnival reports 2021 demand "within historical ranges"

Carnival secured $10 billion of additional liquidity, which will "sustain another full year with ad…

Matthew Fox   


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Amazon, Flipkart and Myntra sales – all unaffected by low consumer sentiment

India’s e-commerce titans — Amazon, Flipkart and Myntra — are all hosting their mid-year sales at t…

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From Tesla to PayPal, Carnival to Occidental, here are the 5 best and worst performing stocks in the S&P 500 in 2020

Tech stocks led the market higher in 2020 as companies within the sector were best equipped to faci…

Matthew Fox   


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Hedge funds are being forced to cover their bearish bets, as the stock market continues to defy doubters

Hedge funds have been caught off-guard by the market's rally, losing over $175 million this year, p…

Joseph Wilkins   


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These were the top 10 performing stocks in the S&P 500 in the first half of 2023

Stocks have surged this year as investors gain hope that inflation is easing and a potential recess…

Matthew Fox   


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Carnival has its credit rating slashed as its return to the seas is likely crippled by an uptick in COVID-19 cases

Carnival's credit measures are expected to "remain very weak through 2021 because of its plans for …

Shalini Nagarajan   


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Carnival Cruise Lines will only serve bacon to guests on alternate days as it's struggling with a shortage of the breakfast-buffet staple

A new schedule for serving bacon is aimed at preventing Carnival's ships from running out of the br…

Zahra Tayeb   


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US stocks close mixed as Fed Chair Powell says more rate hikes could be coming

"Although policy is restrictive, it may not be restrictive enough and it has not been restricted fo…

Matthew Fox   


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US stocks fall after the White House considers new curbs on China's access to AI chips

Nvidia is unable to sell China its most advanced H100 GPU chipset, and has instead had to sell the …

Matthew Fox   


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Betting against cruise ship and hotel stocks backfired and cost hedge funds more than $6 billion, report says

Three of the biggest cruise liners have cost hedge funds almost $3 billion in bad bets, the Financi…

Joseph Wilkins   


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Cruise stocks buck market sell-off and move higher after Carnival plans first European voyage since COVID-19 pandemic this weekend

Cruise line stocks are a key pillar of Tom Lee's "epicenter" stocks, which he expects to surge high…

Matthew Fox