Escalating US-Israel-Iran conflict sparks market turmoil: airlines and cruises drop 5-7% on fuel fears, while defense firms like Lockheed soar amid rising geopolitical tensions. Oil jumps sharply.
Activist investor Elliott Investment Management has grabbed over 10% of Norwegian Cruise Line shares and wants big changes to boost performance and guest fun.
Carnival reinstates quarterly dividend and plans corporate restructuring after Q4 profit jump. Revenue rises to $6.33B as cruise operator eyes 12% income growth in 2026.
