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2 mins read
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
2 mins read
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
2 mins read
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
2 mins read
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
2 mins read
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
1 min read
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
2 mins read
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
2 mins read
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
2 mins read
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
3 mins read
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…
2 mins read
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
2 mins read
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
1 min read
The so-called reopening trade surges on Moderna vaccine trial success
The reopening trade consists of stocks that would benefit from the US economy returning to normal f…
Carmen Reinicke
3 mins read
US stocks close at record highs on renewed hopes for fast-tracked virus treatments
The S&P 500 and Nasdaq composite notched new record highs yet again as tech and travel stocks surge…
Ben Winck
2 mins read
3 of the most popular stay-at-home stocks hit all-time highs as coronavirus cases climb
Shares of Netflix, Zoom, and Peloton all surged to fresh highs on Monday as investors weighed growi…
Carmen Reinicke
3 mins read
Carnival's stock has jumped almost 150% in the last 2 months, but one money manager says it's set for a fresh crash
Carnival's stock rallied on Monday after a US jobs report showed that US had added 2.5 million jobs…
Saloni Sardana
2 mins read
US stocks edge higher, on track for mild weekly gain as Netflix tumbles
The streaming giant Netflix missed estimates for second-quarter earnings and its third-quarter subs…
Ben Winck
2 mins read
Here are the kinds of stocks set to rally as the stock market changes its character amid inflation 'falling like a rock', according to Fundstrat's Tom Lee
"The Fed and bond market are no longer acting as if inflation is as sticky as many expect," Fundstr…
Matthew Fox
3 mins read
Opening Bell: Friday stock bullishness
JPMorgan is optimistic for the stock market in 2022, and a final dispatch from NFT.NYC. This and mo…
Phil Rosen
2 mins read
These were the 10 worst performing stocks in the S&P 500 in its worst half since 1970
Concerns about high inflation, aggressive rate hikes by the Federal Reserve, and the potential for …