The Latest Breaking News from CCL

While the cruise shipping industry has been able to stage a post-pandemic recovery, many industry participants are yet to return to profitability. With inflation, rising interest rates, fears of recession, and unenviable unit economics, cruise shipping companies are struggling to keep themselves afloat. So, let’s take a closer look at…

The stock market has been witnessing a rally lately, with robust economic data and a decline in inflation in July boosting investors' sentiment. However, as inflation remains elevated and geopolitical issues continue, the market could witness volatility in the months ahead. Therefore, fundamentally weak stocks AMC Entertainment (AMC), Carnival Corporation…

Cruise stock Carnival Corporation (CCL) made a strong recovery from the near-shutdown stage of its business during the height of the COVID-19 pandemic. However, despite the strong pick-up in bookings and operations, CCL has lost more than 50% year-to-date. So, will it be wise to invest in the stock now?…

Cruise lines Carnival (CCL) and Norwegian Cruise Line (NCLH) sank after a Morgan Stanley analyst report suggested that CCL’s price could nosedive to $0 during an economic downturn. So, will it be wise to buy these stocks now? Read on….

The entertainment industry witnessed a strong recovery after the reopening of the economy, but the current macroeconomic headwinds are hurting entertainment stocks. Wall Street analysts are still bullish on entertainment stocks Six Flags Entertainment (SIX), Norwegian Cruise Line Holdings (NCLH), and Carnival Corporation & plc (CCL). But considering their fundamental…

Analysts have provided the following ratings for Carnival (NYSE:CCL) within the last quarter:

Carnival Corp (NYSE:CCL) (NYSE:CUK) reported second-quarter FY22 sales growth of 50% Q/Q to $2.4 billion, missing the consensus of $2.62 billion. The operating costs and expenses rose 132% to $3.9 billion. The operating loss narrowed to $(1.4) billion from $(1.6) billion a year earlier. Occupancy in the second quarter of 2022 was 69%…

Rising inflation and the Fed’s potential interest rate hikes to control it, combined with other economic uncertainties, have led to massive stock market sell-offs. Consequently, many fundamentally weak stocks have lost significantly. Carnival Corporation (CCL), NIO Inc. (NIO), and Shopify (SHOP), which are down more than 30% year-to-date, may not…

As families confront the horror of loved ones killed by Russian forces, investigators grapple with thousands of cases.