Carnival Misses Estimates as Fuel Costs and Middle East Tensions Hurt Results
Carnival missed Q2 revenue estimates and lowered its Q3 profit outlook due to higher fuel costs and Middle East tensions.
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Middle East Conflict Hits Travel Stocks Hard, Boosts Defense and Oil
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.
Elliott Grabs 10%+ Stake in Norwegian Cruise Line, Eyes Major Turnaround
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 Brings Back Dividend After Record Profit Year
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.