The Latest Breaking News from PO Cruises

Raging inflation and the Fed’s hawkish stance have kept the stock market under tremendous pressure. Moreover, a third-consecutive rate hike last week has caused the major benchmark indexes to plunge. So, we think fundamentally weak stocks Las Vegas Sands (LVS), Roblox Corporation (RBLX), Carnival Corporation (CCL), Marathon Digital Holdings (MARA),…

Take That's Gary Barlow and TV host Ben Shephard have been involved in creating entertainment experience for new Arvia ship

Airlines also among organisations voicing sadness at death of Queen Elizabeth and praising her life of service

From sunkissed Caribbean shores to the beautiful Norwegian Fjords, we explore the best cruise destinations to set sail for this winter

The stock market has been witnessing a rally lately, with robust economic data and a decline in inflation in July boosting investors' sentiment. However, as inflation remains elevated and geopolitical issues continue, the market could witness volatility in the months ahead. Therefore, fundamentally weak stocks AMC Entertainment (AMC), Carnival Corporation…

Inflation declined slightly from the 40-year high in July. However, it remained elevated, which could encourage the Fed Reserve to maintain its hawkish stance on tightening monetary policy, driving the market volatility further. Amid this scenario, we think it could be wise to avoid struggling stocks Carnival Corporation & plc…

Claire and Keith Bromley are now heading to Blackpool for a break instead

The skyrocketing inflation, rising borrowing costs, and recession fears are restricting cruise operators’ return to pre-pandemic levels. Amid this backdrop, the leisure travel company Carnival Corporation (CCL) is down more than 50% this year and might be best avoided now. Read on….

Morgan Stanley has decided to maintain its Underweight rating of Carnival (NYSE:CCL) and lower its price target from $13.00 to $7.00. Shares of Carnival are trading down 14.21% over the last 24 hours, at $8.86 per share. A move to $7.00 would account for a 21.01% decrease from the current…

Stifel has decided to maintain its Buy rating of Carnival (NYSE:CCL) and lower its price target from $30.00 to $20.00. Shares of Carnival are trading down 2.69% over the last 24 hours, at $10.56 per share. A move to $20.00 would account for a 89.44% increase from the current share…

Rising inflation and the Fed’s potential interest rate hikes to control it, combined with other economic uncertainties, have led to massive stock market sell-offs. Consequently, many fundamentally weak stocks have lost significantly. Carnival Corporation (CCL), NIO Inc. (NIO), and Shopify (SHOP), which are down more than 30% year-to-date, may not…