FINWIRES · TerminalLIVE
FINWIRES

$CCL

30 stories mentioning CCLUpdated 20d ago

Every FINWIRES story that references CCL, newest first.

Wire

Carnival Keeps Quarterly Dividend at $0.15 a Share, Payable Aug. 28 to Holders of Record as of Aug. 7

Carnival Keeps Quarterly Dividend at $0.15 a Share, Payable Aug. 28 to Holders of Record as of Aug. 7

$CCL
Research

BMO Capital Initiates Carnival at Market Perform With $30 Price Target

Carnival (CCL) has an average rating of overweight and mean price target of $34.75, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

$CCL
Wire

Carnival is Unlikely to Benefit From any Improvement in Booking Trends in 2026, UBS Says

Carnival's (CCL) financials are unlikely to benefit from any improvement in booking trends this year, considering that Europe is almost entirely booked and a full quarter of headwinds from the prolonged Middle East crisis, UBS said in a research report emailed Wednesday.The company had trimmed its fiscal 2026 yield guidance by 100 basis points at the top end, amid the Middle East conflict that drove airfare higher and subsequently impacted the cost of a cruise to a customer, analysts wrote.The downwardly revised guidance is also due to changes on the remaining 15% of inventory for 2026, indicating that yield change on those remaining cruises is 600 bps to 700 bps worse than expected earlier, according to the note.The company highlighted that since March, booking volumes are tracking ahead from a year earlier, and the geopolitical impact on demand seems transitory, according to UBS.The brokerage said it reiterated its buy rating on the stock and price target of $35 per share.Price: $28.95, Change: $+0.23, Percent Change: +0.80%

$CCL
Sectors

Sector Update: Consumer Stocks Mixed Late Afternoon

Consumer stocks were mixed late Tuesday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) rising 2% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) falling 0.9%.Redbook US same-store sales last week jumped 10% from a year earlier after a 9.4% increase in the previous week.In corporate news, Walmart (WMT) is paying $1.4 billion to buy French advertising-technology firm Vibe.co, The Wall Street Journal reported. Separately, Walmart will buy nuclear power from Constellation Energy (CEG) under a long-term agreement split into two 15-year terms. Walmart shares rose 2%.Domino's Pizza (DPZ) shares fell 3.5% after the company said CEO Russell Weiner intends to retire, with Chief Operating Officer Joe Jordan to succeed him later this year.Carnival (CCL) provided a fiscal Q3 earnings outlook below Wall Street's estimates, though the cruise operator posted a surprise profit increase in Q2 and forecast robust demand and booking trends. The shares dropped 4.6%.Amazon.com (AMZN) and competing retailers are expected to generate record US online sales of $26.3 billion during the four-day Prime Day event beginning Tuesday, representing a 9% increase from last year's event, Bloomberg reported, citing Adobe (ADBE) data. Amazon shares were up 0.8%.

$AMZN$CCL$DPZ$WMT
Wire

Carnival Stock Might be Pressured by Lower Second Half Guidance, Truist Says

Carnival's (CCL) fiscal Q2 earnings exceeded guidance and Street expectations due to better-than-expected cost controls, but the stock may be pressured by lower second half guidance tied to weaker net yield growth estimates, Truist Securities said in a report Tuesday.Heading into fiscal Q2 earnings, many sell-side bulls expected the company to lift the net yield forecast, while Carnival reduced the full-year net yield growth guidance to about 3.2% from 4.1%, according to the note.Carnival raised its full-year adjusted earnings per share guidance to $2.22 from $2.21, compared with Street consensus of $2.23, the note added.For fiscal Q3, the company guided to adjusted earnings before interest, taxes, depreciation, and amortization of $2.89 billion and adjusted EPS of $1.35, falling short of Street estimates of $3.04 billion and $1.42, respectively, the brokerage said.Truist kept a hold rating on Carnival with a price target of $29.Price: $28.39, Change: $-1.81, Percent Change: -5.98%

$CCL
Wire

Top Midday Decliners

Wheeler Real Estate Investment Trust (WHLR) said in a regulatory filing that it is marketing 35 of its 59 properties for sale and has engaged CBRE's National Retail Partners to pursue a portfolio transaction.Shares slumped 32%, with intraday trading volume of more than 375,000 versus a daily average of roughly 315,000.Nexentis Technologies (NXTS) said it is offering 410,998 shares at $7.056 a share to some institutional investors. It will also issue warrants to buy up to 410,998 shares to the investors.Shares sank 52% following a surge in intraday trading volume to over 1.7 million from a daily average of about 1.2 million.Carnival (CCL) provided a fiscal Q3 earnings outlook below Wall Street's estimates, though the cruise operator posted a surprise profit rise in Q2 and forecast robust demand and booking trends.Shares declined 5.1%, with intraday trading volume of over 26.5 million against a daily average of about 27.8 million.Price: $2.56, Change: $-1.24, Percent Change: -32.63%

$CCL$NXTS$WHLR
Sectors

Sector Update: Consumer Stocks Mixed Tuesday Afternoon

Consumer stocks were mixed Tuesday afternoon with the State Street Consumer Staples Select Sector SPDR ETF (XLP) rising 1.6% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) falling 0.6%.Redbook US same-store sales last week jumped 10% from a year earlier after a 9.4% increase in the previous week.In corporate news, Walmart (WMT) will buy nuclear power from Constellation Energy (CEG) under a long-term agreement split into two 15-year terms. Walmart shares rose 2%.Domino's Pizza (DPZ) shares fell 3.2% after the company said CEO Russell Weiner intends to retire, with Chief Operating Officer Joe Jordan to succeed him later this year.Carnival (CCL) provided a fiscal Q3 earnings outlook below Wall Street's estimates, though the cruise operator posted a surprise profit increase in Q2 and forecast robust demand and booking trends. The shares dropped 5.1%.

$CCL$DPZ$WMT
Wire

Top Midday Stories: Energy Department to Provide $17.5 Billion in Loans for Nuclear Reactors; Oracle Shrank Workforce by 13% in Fiscal 2026

The Nasdaq Composite and S&P 500 Index were down in late-morning trading Tuesday, while the Dow Jones Industrial Average was roughly flat, as chip-related shares tumbled.The Trump administration is expected to announce a new deal Tuesday through which the Department of Energy will make available low-interest loans amounting to $17.5 billion for utilities to finance equipment orders for Westinghouse Electric's flagship nuclear reactor, The Wall Street Journal reported, citing the DOE and Energy Secretary Chris Wright. The loans are intended to accelerate the construction of 10 reactors in the US, and five loans will be available for projects with two reactors each, the report said, citing the DOE.In company news, Oracle's (ORCL) total workforce fell by about 21,000 employees, or 13%, in fiscal 2026 to 141,000 as of May 31, Reuters reported Monday. Oracle shares were down 3.5% around midday.SpaceX (SPCX) is set to launch the first mission of its Starfall program on Tuesday, sending a reusable capsule into orbit that can be recovered on Earth, Bloomberg reported Tuesday. The capsule will launch aboard a Falcon 9 from Florida and is expected to splash down off the West Coast of the US, the report said. SpaceX shares were up 2.4%.Carnival (CCL) reported fiscal Q2 adjusted earnings Tuesday of $0.41 per diluted share, up from $0.35 a year earlier and above the FactSet consensus analyst estimate of $0.34. Fiscal Q2 revenue was $6.66 billion, up from $6.33 billion a year ago but below the FactSet consensus of $6.69 billion. For fiscal Q3, the company said it expects adjusted EPS of about $1.35, below the FactSet consensus of $1.42. For fiscal 2026, Carnival expects adjusted diluted EPS of about $2.22, up from its previous guidance of $2.21 but below the FactSet consensus of $2.23. Carnival shares were down 6.0%.The US Supreme Court on Tuesday reversed and remanded ruling by lower courts, reviving Exxon Mobil's (XOM) lawsuit seeking more than $1 billion in damages from Cuban government-owned companies over assets confiscated following Fidel Castro's seizure of power in 1959. Separately, the Supreme Court sided with Cisco Systems (CSCO), reversing a federal appeals court ruling that had allowed claims that the company aided human-rights abuses in China to proceed. Exxon shares were up 1.2%, while Cisco shares down 1.2%.Amazon (AMZN) must bargain with warehouse workers at a California delivery facility after a US labor board judge ruled that the tech giant violated federal labor law by refusing to recognize the Teamsters union after it secured majority support among employees in 2024, Bloomberg reported Tuesday. Separately, Amazon and competing retailers are expected to generated record US online sales of $26.3 billion during the four-day Prime Day event starting Tuesday, representing a 9% increase from last year's event, Bloomberg reported Monday, citing Adobe (ADBE) data. Amazon shares were up 0.3%.Price: $157.67, Change: $+3.07, Percent Change: +1.98%

$ADBE$AMZN$CCL$CSCO$ORCL$SPCX$XOM
Carnival Issues Downbeat Fiscal Third-Quarter Earnings Outlook; Sees Robust Demand, Booking Trends
US Markets

Carnival Issues Downbeat Fiscal Third-Quarter Earnings Outlook; Sees Robust Demand, Booking Trends

Carnival (CCL) provided a fiscal third-quarter earnings outlook below Wall Street's estimates on Tuesday, although the cruise operator recorded a surprise year over year profit increase in the previous three-month period and forecast robust demand and booking trends.The company anticipates adjusted earnings of about $1.35 a share for the ongoing quarter, while the current consensus on FactSet is for $1.42. Capacity is pegged to grow by 1.5% from the prior-year period.Carnival shares dropped 5.8% in Tuesday trade. The stock has lost 6.8% so far this year.However, Chief Executive Josh Weinstein said the company's booked position for the second half is higher than last year, "at historically high prices" in constant currency, despite operating amidst extreme geopolitical headwinds that mainly impacted its booking trends for European deployments especially in the Mediterranean region, which was closest in proximity to the Middle East conflict."The US and Iran last week signed a memorandum of understanding to end their war and reopen the crucial Strait of Hormuz."We are now 93% booked for the year with less inventory remaining for sale than this time last year and are on track for record net yields in the second half of 2026," according to Weinstein.For the quarter ended May, Carnival's adjusted EPS rose to $0.41 from $0.35 the year before, defying the Street's view for a decline to $0.34. Overall revenue improved to $6.66 billion from $6.33 billion, but fell short of the average analyst estimate of $6.69 billion."We achieved another quarter of record results, marking our twelfth consecutive quarter of record net yields and delivering over 20% more to the bottom line, overcoming extreme geopolitical headwinds and nearly 30% higher fuel costs," Weinstein said.Occupancy remained flat at 104% on a yearly basis. Customer deposits reached an "all-time high" of $9 billion, amid robust demand, according to the company.For fiscal 2026, Carnival now expects adjusted EPS of around $2.22, up from its prior guidance of $2.21. The Street is looking for $2.23. Capacity growth is seen at 1%, compared with the previous outlook for an increase of 0.9%."As conditions continue to normalize, we expect to benefit from the strong demand, pricing and operational improvements embedded throughout our business," according to Weinstein. "Recent booking trends already suggest that we are beginning to see a reversal of these headwinds, reinforcing our confidence in both the near-term outlook and the long-term earnings power of the business."Looking further ahead, the company sees strong demand for 2027 and beyond, the CEO added. Booking volumes and prices for future sailings have been "running ahead" of last year's levels since March, including a "substantial increase in bookings for our European deployments next year," Weinstein noted.Price: $28.36, Change: $-1.83, Percent Change: -6.06%

$CCL
Wire

Carnival Fiscal Q2 Adjusted Earnings, Revenue Increase; Raises Fiscal 2026 Adjusted EPS Outlook

Carnival (CCL) reported fiscal Q2 adjusted earnings Tuesday of $0.41 per diluted share, up from $0.35 a year earlier.Analysts polled by FactSet expected $0.34.Revenue for the quarter ended May 31 was $6.66 billion, compared with $6.33 billion a year earlier.Analysts expected $6.69 billion.The company expects fiscal Q3 adjusted EPS of about $1.35 per diluted share. Analysts estimate $1.42.For fiscal 2026, Carnival now expects adjusted diluted EPS of about $2.22, up from $2.21 previously. Analysts expect $2.23.Shares of Carnival were down more than 9% in early Tuesday trading.Price: $27.43, Change: $-2.77, Percent Change: -9.17%

$CCL
Stock Futures Down as Tech Sell-Off Weighs on Sentiment
US Markets

Stock Futures Down as Tech Sell-Off Weighs on Sentiment

US equity futures were tracking in the red on Tuesday amid a broader tech sell-off despite signs of easing tensions between the US and Iran.The S&P 500 declined 1.4%, the Dow Jones Industrial Average was off 0.7% and the Nasdaq dropped 2.3% in premarket activity. The indexes finished the previous trading session mixed, with the Nasdaq closing the day down 1.3%.Shares of several major technology companies, including Alphabet (GOOG, GOOGL), Amazon (AMZN) and Meta Platforms (META), were down pre-bell, after closing the previous session in the red. SpaceX (SPCX) fell 3.7% following a 16% fall at the end of the previous session.Super Micro Computer (SMCI) fell about 5%, reversing a 16% gain on Monday.The sell-off is driven by concerns over AI valuations, with South Korean memory chipmakers SK Hynix and Samsung Electronics also falling sharply, CNBC reported."Clearly this will cause selling pressure and white knuckles for tech stocks in the US this morning as investors worry the overheated (Korea Composite Stock Price Index) sell-off has a spillover impact to US tech stocks," Wedbush Securities said in a Tuesday client note.Treasury yields declined in premarket action, with the two-year rate retreating 4.2 basis points to 4.19% and the 10-year rate sliding 2.2 basis points to 4.49%.The US Treasury on Monday issued a broad 60-day exemption allowing Iran to produce and sell crude oil, petrochemical and petroleum products in US dollars, effectively easing key sanctions restrictions, CNBC reported.West Texas Intermediate crude oil slipped 0.5% to $73.49 a barrel before the opening bell, while Brent decreased 0.7% to $77.38.US Vice President JD Vance reportedly said Monday that Iran agreed to admit International Atomic Energy Agency inspectors into the country. On the status of the Strait of Hormuz, Vance said the crucial waterway is open, and negotiations with Iran are focused on setting up a "coordination mechanism" for demining and resuming trade, CNN reported.Tuesday's economic calendar has the S&P Global's (SPGI) flash purchasing managers' index for June at 9:45 am ET, followed by the Federal Reserve Bank of Richmond manufacturing index for the same month at 10 am.Parcel delivery giant FedEx (FDX) is scheduled to report its latest financial results after the markets close, along with KB Home (KBH). Carnival (CCL) and Korn Ferry (KFY) post earnings before the bell, among others.Gold fell 1.4% to $4,145 per troy ounce, while bitcoin dropped 3.1% to $62,354.

Dow JonesNasdaq CompositeS&P 500$AMZN$CCL$FDX$GOOG$GOOGL$IBM$KBH$KFY$META$SMCI$SPCX
Sectors

Sector Update: Consumer Stocks Decline Late Afternoon

Consumer stocks were lower late Monday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) decreasing 0.4% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) falling 1.6%.In corporate news, Carnival (CCL) is under investigation following an April data breach that compromised personal information of about 6 million people, Texas Attorney General Ken Paxton said in a statement Monday. Carnival shares fell 2.8%.Uber (UBER) was sued Monday by shareholders who accused the ride-sharing company's board of ignoring warnings about compliance failures that allegedly contributed to thousands of sexual assault and harassment lawsuits, Reuters reported. Separately, Uber is expected to invest a "meaningful" amount and be named as an anchor investor for Lime's IPO, The Information reported. Uber shares were down 0.3%.Lucid (LCID) shares fell 3.9% after the company said Monday it plans to cut 18% of its workforce as part of a plan to streamline its structure and boost profitability.Walt Disney's (DIS) ABC broadcast network launched an on-air commercial campaign urging viewers to submit comments to the Federal Communications Commission as the agency reviews ABC's petition regarding "The View," its daily talk show. Disney shares shed 1.7%.

$CCL$DIS$LCID$UBER
Wire

Update: Carnival Under Investigation by Texas Attorney General Over Data Breach

(Updates with Carnival's response in the last two paragraphs.)Carnival (CCL) is under investigation following an April data breach that compromised personal information of about 6 million people, Texas Attorney General Ken Paxton said in a statement Monday.On April 14, Carnival's security team determined that social engineering techniques were used to deceive an employee and the unauthorized actor gained access to consumers' personal information, according to the statement.Carnival submitted a data breach notification to the Office of the Attorney General 44 days after the breach, indicating that 800,060 Texas consumers were affected by the breach, per the statement.A Carnival spokesperson said the company identified unauthorized access to a limited part of its IT system caused by a social engineering attack on a single user account in April. The company immediately blocked the activity, engaged third-party security experts and alerted law enforcement, the spokesperson added."We're notifying affected individuals and deeply regret any concern this causes. Protecting the privacy and security of personal data is a priority for us, and we've added new layers of security and monitoring on top of the comprehensive protections already in place. We'll also continue advancing our defenses against evolving threats. We will cooperate fully with the Attorney General's office and provide whatever information is needed," the spokesperson said.Price: $30.33, Change: $-0.55, Percent Change: -1.77%

$CCL
Wire

Carnival Under Investigation by Texas Attorney General Over Data Breach

Carnival (CCL) is under investigation following an April data breach that compromised personal information of about 6 million people, Texas Attorney General Ken Paxton said in a statement Monday.On April 14, Carnival's security team determined that social engineering techniques were used to deceive an employee and the unauthorized actor gained access to consumers' personal information, according to the statement.Carnival submitted a data breach notification to the Office of the Attorney General 44 days after the breach, indicating that 800,060 Texas consumers were affected by the breach, per the statement.Carnival did not immediately respond to a request for comment from.Price: $30.54, Change: $-0.33, Percent Change: -1.07%

$CCL
Asia Markets

US Equity Investors to Watch Out for Micron Technology's Earnings, PCE Inflation, Iran Peace Talks This Week

US equity investors will focus this week on quarterly earnings from Micron Technology (MU) and inflation, while keeping a close eye on progress in talks between Iran and the US.* Earnings due this week include Micron Technology (MU), FedEx (FDX), Cerebras Systems (CBRS), Carnival (CCL), Trip.com (TCOM), Darden Restaurants (DRI), and Paychex (PAYX).* Looking ahead to Q2, consensus estimates call for earnings growth of more than 22%, according to a note from DA Davidson late Thursday. All of the S&P 500 constituents have reported Q1 results. Earnings surged almost 29% year-over-year, versus nearly 13% expected as of March 31, the strongest growth since Q4 2021. Information technology and communication services led the growth. Health Care was the only sector to see earnings fall in Q1.* Macroeconomic data due this week includes personal consumption expenditures, or PCE, price index, final read on Q1 gross domestic product, ADP employment change, S&P global composite PMI, durable goods orders, and Michigan consumer sentiment final, as well as inflation expectations.* "We used to think [PCE] was the Federal Reserve's favourite inflation gauge but now we're less sure given the arrival of a new Chair [Kevin Warsh] who launched five taskforces this past week including one to look at different measures of inflation," a Scotiabank note said late Thursday.* The US and Iran agreed to create a "de-confliction cell," facilitated by Qatar and Pakistan to ensure the end of military operations in Lebanon, CNN cited mediators in a news report early Monday. Fighting between Israel and Iran-backed Hezbollah has been a key obstacle to a deal, with Tehran insisting that deadly Israeli strikes must stop.* Iran's foreign minister, Abbas Araghchi, said sanctions on Tehran's oil were waived and some of its frozen assets released, CNN reported. Araghchi was also cited as saying a "reconstruction and development plan" was launched.

Dow JonesNasdaq CompositeS&P 500$CBRS$CCL$DRI$FDX$MU$PAYX$TCOM
Sectors

Sector Update: Consumer Stocks Mixed Pre-Bell Thursday

Consumer stocks were mixed pre-bell Thursday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) slipping by 0.1% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) up 0.6%.Carnival (CCL) Holland America Line unit has opened bookings for Rotterdam's first Mediterranean cruise season in fall 2027, the company said. Shares of Carnival were up more than 2% premarket.Diageo (DEO) Chief Executive Dave Lewis has ordered senior executives to implement broad cost-cutting measures as part of a major restructuring effort at the spirits giant, the Financial Times reported, citing people familiar with the matter. Diageo stock was up 1% pre-bell.Kroger (KR) shares were down more than 9% after the company reported fiscal Q1 adjusted earnings per share that narrowly missed analysts' estimates.

$CCL$DEO$KR$XLP$XLY
Sectors

Sector Update: Consumer

Consumer stocks were edging higher pre-bell Thursday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) advancing by 0.1% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) up 0.5%.Carnival (CCL) Holland America Line unit has opened bookings for Rotterdam's first Mediterranean cruise season in fall 2027, the company said. Shares of Carnival were up more than 2% premarket.

$CCL
Sectors

Sector Update: Consumer Stocks Rise Pre-Bell Tuesday

Consumer stocks rose pre-bell Tuesday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) marginally up and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) 0.7% higher.United Natural Foods (UNFI) stock was down more than 13% after the company reported a decline in fiscal Q3 net sales, also missing analysts' expectations.Carnival (CCL) deployed Konami Gaming's Synkros casino management system across the Carnival Cruise Line fleet, Konami said. Carnival shares were up more than 1% premarket.Academy Sports and Outdoors (ASO) stock was up more than 3% after the company posted higher fiscal Q1 adjusted earnings and net sales, and raised its fiscal 2026 outlook.

$ASO$CCL$UNFI$XLP$XLY
Commodities

Exchange-Traded Funds, Equity Futures Higher Pre-Bell Tuesday Amid Inflation Data

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 0.4% and the actively traded Invesco QQQ Trust (QQQ) advanced 0.9% in Tuesday's premarket activity, amid key inflation data releasing this week.US stock futures were also higher, with S&P 500 Index futures up 0.5%, Dow Jones Industrial Average futures advancing 0.3%, and Nasdaq futures gaining 0.8% before the start of regular trading.The US trade deficit narrowed to $55.9 billion in April from $56.6 billion in March, coming in slightly below economists' expectations of a $56.1 billion gap.The existing home sales data for May and the wholesale inventory data for April will be released at 10:00 am ET.In premarket action, bitcoin was down by 1.2%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 1% lower, Ether ETF (EETH) retreated by less than 1%, and Bitcoin & Ether Market Cap Weight ETF (BETH) was flat.Power Play:IndustrialThe State Street Industrial Select Sector SPDR ETF (XLI) advanced 0.05%, while the Vanguard Industrials Index Fund (VIS) retreated by 0.8% and the iShares US Industrials ETF (IYJ) was 0.9% higher.CECO Environmental (CECO) stock was up more than 10% before market open after the company said it now expects 2026 revenue of about $1.28 billion to $1.38 billion from its acquisition of Thermon Group, up from $940 million to $1 billion it projected previously.Winners and Losers:Health CareThe State Street Health Care Select Sector SPDR ETF (XLV) advanced 0.5%, the Vanguard Health Care Index Fund (VHT) was up 0.3%, while the iShares US Healthcare ETF (IYH) was flat. The iShares Biotechnology ETF (IBB) was 0.9% higher.IDEAYA Biosciences (IDYA) stock was down more than 7% premarket after the company said late Monday it priced an underwritten public offering expected to raise about $300 million in gross proceeds.FinancialThe State Street Financial Select Sector SPDR ETF (XLF) advanced 0.2%. Direxion Daily Financial Bull 3X Shares (FAS) was up 0.7%, while its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), was 0.7% lower.UBS Group (UBS) shares were up more than 2% pre-bell after Reuters reported that Swiss lawmakers are considering proposals that would reduce the capital burden facing UBS under planned banking reforms introduced after the collapse of Credit Suisse.TechnologyThe State Street Technology Select Sector SPDR ETF (XLK) advanced 1.3%, and the iShares US Technology ETF (IYW) was 1.1% higher, while the iShares Expanded Tech Sector ETF (IGM) was up 1.5%. Among semiconductor ETFs, the State Street SPDR S&P Semiconductor ETF (XSD) increased by 2.6%, while the iShares Semiconductor ETF (SOXX) rose by 2.5%.Cipher Digital (CIFR) shares were up more than 3% in premarket activity, following a 8.2% rise at the prior close. The company said late Monday that its Stingray Compute unit has priced an $810 million private offering of 6.0% senior secured notes due 2031 at 99.75% of face value.ConsumerThe State Street Consumer Staples Select Sector SPDR ETF (XLP) was down 0.1% and the Vanguard Consumer Staples Index Fund ETF Shares (VDC) was up 0.1%. The iShares US Consumer Staples ETF (IYK) retreated by 0.3%. The State Street Consumer Discretionary Select Sector SPDR ETF (XLY) advanced 0.4%. The VanEck Retail ETF (RTH) increased by 0.7%, while the State Street SPDR S&P Retail ETF (XRT) was 0.5% higher.Carnival (CCL) shares were up more than 1% pre-bell after the company deployed Konami Gaming's Synkros casino management system across the Carnival Cruise Line fleet.EnergyThe iShares US Energy ETF (IYE) was down 0.9%, while the State Street Energy Select Sector SPDR ETF (XLE) retreated by 0.5%.Uranium Energy (UEC) stock was down more than 4% before the opening bell after the company reported a wider fiscal Q3 net loss.CommoditiesFront-month US West Texas Intermediate crude oil retreated by 1.9% to $89.57 per barrel on the New York Mercantile Exchange. Natural gas was up 0.8% to $3.17 per 1 million British Thermal Units. The United States Oil Fund (USO) lost 2%, while the United States Natural Gas Fund (UNG) was 1.1% higher.Gold futures for July advanced by 0.1% to $4,365.80 an ounce on the Comex. Silver futures fell by 0.2% to $68.48 an ounce. SPDR Gold Shares (GLD) was up by 0.3%, and the iShares Silver Trust (SLV) increased by 0.7%.

Dow JonesNasdaq CompositeS&P 500$BETH$BITO$CCL$CECO$CIFR$EEM$EETH$EXI$FAS$FAZ$GLD$IBB$IDYA$IGM$IGV$IPK$IVV$IWM$IYE$IYH$IYJ$IYK$IYW$PMR$QQQ$RTH$SLV$SOXX$SPY$UBS$UEC$UNG$USO$VDC$VHT$VIS$XLE$XLF$XLI$XLK$XLP$XLV$XLY$XRT$XSD
Research

Loop Capital Initiates Carnival at Buy With $36 Price Target

Carnival (CCL) has an average rating of buy and mean price target of $34.06, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

$CCL

Showing 1-20 of 30

Track with the FINWIRES app suite