|Day's range||2.3200 - 2.3700|
It's important to take a look at the company's long-term prospects and its path to get there. The other is an innovative biotech with potentially exciting news on the horizon. Carnival (NYSE: CCL) (NYSE: CUK) is bouncing back after a tough time during the early pandemic days.
Citi Leisure & Travel Analyst James Hardiman joins Yahoo Finance Live to discuss Carnival Corp's latest stock upgrade, the state of cruise lines as travel demand is expected to rebound this summer, and examines the state of the consumer through the lens of experiential spending.
As we can see in the chart below, putting money into the stock market before the recession would have been a wise idea. Earlier, I briefly mentioned the idea of low valuations being a reason to invest.
PVH Q1 results are expected to reflect gains from momentum in core brands, pricing actions and strong consumer engagement, offset by rising inflation and the impacts of the Ukraine war.
Nordstrom's (JWN) Q1 results are likely to reflect impacts of decelerating demand trends due to reduced consumer spending amid lower income groups, as well as closure of the Canada business.
Here is your Pro Recap of the biggest analyst picks you may have missed since yesterday: upgrades at NVIDIA, Carnival, Toll, and Futu. NVIDIA (NASDAQ:NVDA) was upgraded at three Wall Street firms after the company reported its Q1 results, beating the Street estimates and providing significantly better-than-expected guidance, as InvestingPro reported in real time. Q1 EPS came in at $1.09 on revenue of $7.19 billion, compared to the consensus estimates of $0.92 and $6.52B, respectively.
Carnival Corp. (NYSE: CCL) was decimated by the coronavirus pandemic, as demand became nonexistent due to health concerns, and the business was faced with financial difficulties. This trend has been a boon for investors. Shares of Carnival are experiencing a bit of a resurgence, up 41% this year.
Investing.com -- Carnival Corp.'s (NYSE:CCL) balance sheet is at a "turning point" as the cruise industry recovers from pandemic-era restrictions, analysts at Citi said in a note upgrading its rating of the stock to buy from neutral.
Following a successful prebooking period, Holland America Line officially opened bookings to the public today, May 24, for its two newest Grand Voyages. With the Grand Voyage: Pole-to-Pole and Grand World Voyage both departing in January 2025, this will be the first time that Holland America Line is offering two Grand Voyages of more than 120 days simultaneously.
Ralph Lauren's (RL) Q4 results are expected to reflect the continued benefits of brand strength, robust demand, growth across channels and regions, and enhanced digital sales.
Carnival (NYSE: CCL) (NYSE: CUK), the world's biggest cruise ship operator, shifted from healthy profits to a loss -- and debt ballooned. Considering the full picture, is it time to buy, sell, or hold Carnival stock? Finally, after more than a year of ships anchored, Carnival set sail again.
The earliest days of the pandemic hurt travel and entertainment companies, and giants Walt Disney (NYSE: DIS) and Carnival (NYSE: CCL) (NYSE: CUK) felt the impact in a big way. For a time, Disney had to shut down its parks and halt its cruises.
Holland America Line guests and crew have begun using next generation internet with the introduction of SpaceX's Starlink on its Pinnacle Class ship Koningsdam, now sailing in Alaska. The technology was installed during an April drydock and has been operating for four weeks.
This underperformance can happen for several reasons, including unsustainable cash burn and weak balance sheets. Let's discuss why Carnival Corporation (NYSE: CCL) (NYSE: CUK) and Lucid Group (NASDAQ: LCID) could hurt your portfolio this week and beyond. Founded in 1972, Carnival helped popularize the vacation cruise industry in the United States and other countries.
For its 2023 Alaska cruise season, Holland America Line will donate proceeds from its "On Deck for a Cause" event aboard ships in the region to Alaska Geographic, the nonprofit education partner of Alaska's parks, forests, refuges and conservation lands. Holland America Line has six ships exploring the spectacular landscapes of Alaska from May through September 2023.
Carnival Corporation's (NYSE: CCL) CEO recently made a surprising announcement. Hence, the question for investors is whether this decision not to add shares makes Carnival a buy. The surprising news came when CEO Josh Weinstein told Yahoo!
Carnival CEO Josh Weinstein joins Yahoo Finance Live’s Brian Sozzi at the Milken Institute’s 26th annual Global Conference in Beverly Hills, CA, to discuss the state of the cruise industry, cruise travel demand, pricing, debt levels, macroeconomic headwinds, and the outlook for the cruise industry.
It's fair to say that ten bucks won't take you a long way these days, but that doesn't always apply to the stock market. There's no shortage of interesting investments trading in the single digits. Carnival (NYSE: CCL) (NYSE: CUK) and Nu Holdings (NYSE: NU) are both trading under $10 right now.
Iconic luxury cruise brand Cunard celebrated a momentous construction milestone today with the float out of Queen Anne at the Fincantieri Marghera shipyard in Venice, Italy.
Cunard joins the celebration in marking the historic coronation of His Majesty The King and Her Majesty The Queen Consort with a range of coronation-themed activities planned on all three of its Queens.
Holland America Line kicked off its 2023 Alaska cruise season today with the arrival of Eurodam at Port of Seattle. Known as "Seattle's Hometown Cruise Line," Holland America Line marked the day with a welcome celebration at Pier 91 that included a ribbon-cutting ceremony with Miss Washington Regan Gallo and Miss Alaska Jessica Reisinger.
The Cruise Lines International Association (CLIA) projects cruise tourism to exceed 2019 levels by 6% this year, with an estimated 31.5 million guests expected to travel aboard. Generating higher revenue in the fourth quarter of 2022 than in Q4 2019, Norwegian Cruise Line (NYSE: NCLH) looks determined to come back from its pandemic crash. Despite operating at a loss in the last reported quarter, Norwegian Cruise Line expects an easing of costs this year -- and an increase in passengers.
Carnival (NYSE: CCL) is facing challenges getting back on its feet, despite a sharp increase in revenue recently. Can it overcome a ballooning debt load? Travis Hoium digs into that question in the video below.
Despite clear signs of recovery from Carnival Corporation (NYSE: CCL)(NYSE: CUK), the cruise line stock is still down 87% from its 2018 all-time high on investor concerns about the travel industry and the economy. Here are my top four reasons to be bullish on Carnival stock today. For Carnival's fiscal Q1, which ended on Feb. 28, adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) exceeded company expectations, hitting $382 million.
With pandemic-era restrictions gone and revenue soaring back to 2019 levels, Carnival (NYSE: CCL) is likely on the radar of deal-hungry investors. In 2019, Carnival had a bright future. In Carnival's most recent earnings call, the year 2019 was mentioned 37 times.