15 hours ago
Rising crude oil sends NCLH down 5%, CCL down 4%, and RCL down 3%, as higher fuel costs flow straight through to cruise margins with no company-specific news driving the moves.
Royal Caribbean's $78 billion market cap and 9% year-to-date gain cushion the oil shock far better than Norwegian's smaller, more leveraged balance sheet.
Act now: the **** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Royal Caribbean Cruises didn't make the cut. Grab the names FREE today.
Cruise operators are falling in step with rising crude oil, a rare case where a same-day macro move maps straight to an operating cost line. Fuel is a direct operating cost for cruise ships, so higher oil prices flow straight through to margins.
Norwegian Cruise Line (NYSE:NCLH) stock is down 5% to $16.50 by midday Thursday. Carnival (NYSE:CCL) shares are down 4% to $25.65, while Royal Caribbean Group (NYSE:RCL) stock is sliding 3% to $290.76.
#down #cruise #straight
Royal Caribbean's $78 billion market cap and 9% year-to-date gain cushion the oil shock far better than Norwegian's smaller, more leveraged balance sheet.
Act now: the **** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Royal Caribbean Cruises didn't make the cut. Grab the names FREE today.
Cruise operators are falling in step with rising crude oil, a rare case where a same-day macro move maps straight to an operating cost line. Fuel is a direct operating cost for cruise ships, so higher oil prices flow straight through to margins.
Norwegian Cruise Line (NYSE:NCLH) stock is down 5% to $16.50 by midday Thursday. Carnival (NYSE:CCL) shares are down 4% to $25.65, while Royal Caribbean Group (NYSE:RCL) stock is sliding 3% to $290.76.
#down #cruise #straight
1 day ago
Target (TGT) shares are inching lower ahead of the Q2 earnings scheduled to be released before the market opens on Aug. 19, and options traders believe they're unlikely to recover following the print.
Consensus is for TGT to record $2.30 in earnings per share (EPS) for its second financial quarter, which would represent a 12.2% increase on a year-over-year basis.
Silver Price Predictions: Why Citi **** ysts See Silver Prices Soaring to $90 Soon
Barron Trump, 20, Now Worth $150 Million — More Than Mom, Melania — From Crypto And $39 Energy Drink
Huge Unusual Long-Dated Call Options in Oracle Corp - A Covered Call ORCL Play?
#earnings #year #citi
Consensus is for TGT to record $2.30 in earnings per share (EPS) for its second financial quarter, which would represent a 12.2% increase on a year-over-year basis.
Silver Price Predictions: Why Citi **** ysts See Silver Prices Soaring to $90 Soon
Barron Trump, 20, Now Worth $150 Million — More Than Mom, Melania — From Crypto And $39 Energy Drink
Huge Unusual Long-Dated Call Options in Oracle Corp - A Covered Call ORCL Play?
#earnings #year #citi
