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CCL News12 articles
Markets Rally on Geopolitical De-escalation, Oil Plunges 8%
U.S. equity markets staged a powerful rebound Monday, with the Dow Jones Industrial Average surging more than 1,000 points. The rally followed a decision to postpone military action against Iran, which triggered a sharp decline in crude oil prices.
Leadership Shuffle at Pro Medicus Amid Valuation Debate
Pro Medicus announces new CFO amid a steep year-to-date stock decline, with analysts split on its valuation. Meanwhile, U.S. markets extend weekly losses on Middle East tensions.
Cruise Stocks Sink as Oil Surge Fuels Fuel Cost Fears
Shares of major cruise operators declined sharply Thursday, led by Carnival and Royal Caribbean, as a spike in oil prices above $99 renewed investor anxiety over rising fuel costs and future profitability.
Royal Caribbean Unveils 2028 Galapagos Sailings Amid Premium Push
Royal Caribbean Group has launched reservations for over 50 Celebrity Cruises Galapagos voyages set for 2028, emphasizing its upscale, destination-focused strategy. The company's stock declined 1.9% alongside peers, while oil prices fell sharply.
Oil Surge to $100 Rattles Markets, Delays Fed Rate Cut Bets
U.S. stocks declined Monday as a sharp rise in oil prices renewed inflation concerns, hitting airlines and banks. Chipmakers rebounded, leaving the Nasdaq nearly flat.
Stocks Sink as Oil Surge and Jobs Data Fuel Stagflation Worries
U.S. stocks dropped sharply Monday as oil prices neared $120 per barrel and a surprise loss of 92,000 jobs in February intensified concerns about stagflation. The Dow, S&P 500, and Nasdaq each fell roughly 1.3%.
Oil Spike, Rate Fears Drive Sharp Selloff; Target Gains on Earnings
Major U.S. equity indices fell sharply Tuesday, pressured by a surge in oil prices and rising Treasury yields that dampened expectations for near-term Federal Reserve rate cuts. Retailer Target posted gains following its quarterly report.
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.
ISM Price Surge Stirs Inflation Fears as Stocks Await Jobs Data
Manufacturing input costs surged to their highest level since October 2022, according to the ISM report, while the S&P 500 ended nearly flat. Investors are now focused on key labor market data due later this week.
ISM Price Surge Stirs Inflation Fears as Stocks Await Jobs Data
Manufacturing input costs surged in February, raising inflation concerns as oil prices jumped over 7%. The S&P 500 was flat, supported by Nvidia and Microsoft while travel stocks fell.
Carnival CFO Plans $11.6 Million Stock Sale Ahead of Dividend Date
Carnival shares declined 0.7% in premarket trading after a regulatory filing revealed CFO David Bernstein intends to sell approximately 361,790 shares. The cruise operator's upcoming dividend record date is February 13, with earnings scheduled for March 20.