The Latest Breaking News from Royal Caribbean Cruises Ltd

Persistently high inflation and the Fed’s aggressive stance to combat it have increased recession fears. While the cruise industry barely recovered from the pandemic-led disruptions, a downturn in the economy could wipe out its liquidity. So, it may be prudent to avoid fundamentally weak cruise ship stocks Carnival Corporation (CCL),…

High inflation, rising interest rates, increased borrowing costs, and recession fears have posed significant challenges for the cruise shipping industry. With the macroeconomic environment expected to remain uncertain, fundamentally weak cruise shipping stocks Carnival Corporation (CCL) and Royal Caribbean Cruises (RCL) are expected to remain under pressure. So, we think…

Concerns over a possible recession because of the Fed’s aggressive interest rate hike to control the surging inflation have led to massive selling pressure in the stock market over the past few weeks. Despite significant price declines, large-cap stocks Uber Technologies (UBER), NIO (NIO), Snap (SNAP), Lucid Group (LCID), and…

Many U.S. stocks dipped in price considerably last month on a widespread market sell-off amid rising macro headwinds. Furthermore, the Fed this week raised interest rates by 50 basis points to tame inflationary pressures, which could potentially spook all equities into correction territory this month. With this potential in mind,…

Royal Caribbean Cruises Ltd (NYSE:RCL) reported first-quarter FY22 sales of $1.06 billion versus $42 million last year, missing the consensus of $1.15 billion. Passenger ticket revenues rose to $651.8 million versus $20.8 million last year. Cruise operating expense for the quarter was $1.2 billion compared to $283 million last year. The operating loss…

Shares of several companies in the hotels, restaurants and leisure sectors, including Royal Caribbean Cruises Ltd (NYSE: RCL), are trading higher amid overall market strength as stocks rebound following Tuesday weakness.

On CNBC’s “Halftime Report Final Trades,” Jon Najarian said there was “unusual activity” in Royal Caribbean Cruises Ltd (NYSE: RCL). “I bought that,” he added.

Shares of tarvel-related stocks including Airbnb Inc (NASDAQ: ABNB), Carnival Corp (NYSE: CCL) and Royal Caribbean Cruises Ltd (NYSE:

Royal Caribbean Cruises Ltd (NYSE:RCL) reported fourth-quarter FY21 sales of $982.25 million, missing the analyst consensus of $1.04 billion. The passenger ticket revenue for the quarter amounted to $617.4 million. Total cruise operating expenses totaled $1.14 billion. The operating loss for the quarter was $(1.03) billion. The cruise operator registered a 59.3%…