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CCL Jun 2024 13.500 call
- Yahoo Finance Video
Nvidia, EU targets Microsoft, reactions to Yellen: Morning Brief
It's Tuesday in the final trading week of June 2024 and stocks (^DJI, ^IXIC, ^GSPC) are roaring to give it the old college try after tech-heavy indexes have been dragged down by Nvidia's (NVDA) recent sell-off. The Morning Brief Co-Hosts Seana Smith and Brad Smith guide investors through the market open, reporting on the leading business stories and stock trends of the day. Kace Capital Advisors Founder and CEO Kenny Polcari believes Nvidia's downturn and the market's reaction to it is "way overblown," telling the Morning Brief team that investors should focus on the chip company's long-term story. Bank of America Securities Managing Director and Chief US Economist Michael Gapen sits down to talk about US Secretary of Treasury Janet Yellen's comments on the Federal Reserve's inflation target and the likelihood of a recession made in an exclusive interview with Yahoo Finance. European Union regulators are targeting yet another tech giant, this time it's Microsoft (MSFT), alleging the company breached antitrust laws by bundling its Microsoft Teams software with other programs. Other stocks trending on Yahoo Finance include Boeing (BA) and Spirit AeroSystems (SPR), Airbus (AIR.PA, EADSY), and Carnival Corporation (CCL) as the cruise line operator reports fiscal second-quarter earnings results. Watch Yahoo Finance's full, exclusive interview with US Secretary of the Treasury Janet Yellen. This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
Carnival stock rises on positive Q2 earnings, 2024 guidance
Shares of Carnival Corporation (CCL) are trading higher on Tuesday after the cruise line operator posted its fiscal second-quarter earnings results. The results revealed a resilient demand for its services, as revenue increased 18% year over year. In addition, the company raised its full-year adjusted EBITDA forecast. Market Domination Anchors Julie Hyman and Josh Lipton break down Carnival's earnings figures and what it signifies for the full-year consumer travel demand. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino and updated by Luke Carberry Mogan.
- StockStory
Why Are Carnival (CCL) Shares Soaring Today
Shares of cruise ship company Carnival (NYSE:CCL) jumped 8.1% in the afternoon session after the company reported earnings results that blew past analysts' EPS expectations. Its operating margin also outperformed Wall Street's estimates. The company observed continued strong demand trends during the quarter. As a result, the net yield forecast was raised to 10+%, and this is expected to drive double-digit returns on invested capital. Zooming out, we think this was a fantastic quarter that should
