Articles by Daniel Marsh
Cruise Stocks Sink as Oil Price Spike Fuels Fuel Cost Fears
Shares of major cruise operators declined Monday, led by Norwegian Cruise Line after it warned of uncertain fuel costs and issued a below-consensus profit outlook for 2026. The selloff coincided with a sharp jump in oil prices due to Middle East tensions.
Cruise Stocks Sink as Oil Price Spike Fuels Fuel Cost Fears
Shares of major cruise operators declined Monday, led by Norwegian Cruise Line, after the company issued a cautious profit forecast citing volatile fuel expenses. The sell-off coincided with a sharp jump in oil prices following escalated geopolitical tensions.
Tesla Shares Edge Higher Amid Mixed European Sales Signals
Tesla shares closed marginally higher on Monday following the release of mixed European vehicle registration data for February. Key markets like France and Spain posted significant gains, while others saw declines.
Tesla's European Demand Shows Mixed Signals in February Data
Tesla stock closed slightly higher after European February sales data showed a mixed picture, with sharp increases in some countries and notable drops in others. Investors await further reports from major markets and U.S. jobs data.
Bloom Energy Rebounds on Heavy Trading as Insider Sales Surface
Bloom Energy shares climbed 6.2% to $165.39, recovering from a 7.65% drop Friday. The move came after SEC filings revealed significant insider sales by top executives last week.
Bloom Energy Rebounds on Heavy Insider Selling, Wall Street Downgrade
Bloom Energy shares climbed over 6% Monday, recovering from a sharp Friday decline. The move followed SEC filings showing significant insider stock sales by top executives, including the CEO.
MercadoLibre Gains Despite JPMorgan Target Cut Amid Brazil Margin Concerns
MercadoLibre stock edged higher Monday, shrugging off a price target reduction by JPMorgan, which maintained an Overweight rating but flagged competitive margin pressures in Brazil.
MercadoLibre Gains Despite JPMorgan Target Cut Amid Brazil Margin Concerns
MercadoLibre stock advanced 0.9% to $1,773.22 Monday, even as JPMorgan reduced its price target to $2,650, highlighting competitive margin pressures in Brazil. Investors are monitoring inflation and upcoming corporate events.
Travel Stocks Slide on Geopolitical Tensions, Oil Spike
Booking Holdings shares fell alongside the broader travel sector Monday, pressured by surging oil prices and widespread flight cancellations linked to Middle East tensions. The company's 25-for-1 stock split is scheduled for early April.
Travel Stocks Lose $22.6B as Oil Spike, Flight Cancellations Mount
Booking Holdings declined 0.7% as the broader travel sector shed $22.6 billion in market value. The selloff was driven by a 13% spike in oil prices and major flight disruptions linked to Middle East conflict.