Stock Alert: Royal Caribbean Surpasses $250 on Strong Earnings
The stock’s bullish 50-day moving average has been providing strong trend support for the last two weeks as shares were leaking to lower prices at $225. Today’s response to the earnings report fortifies the stock’s short- and long-term trend as even more bullish.
Consumer Cos Up After Strong Earnings From LVMH, Royal Caribbean -- Consumer Roundup
Shares of luxury conglomerate LVMH Moet Hennessy Louis Vuitton rose after it posted fourth-quarter sales ahead of the average Wall Street target, despite a broad slowdown in demand for premium consumer goods. Shares of LVMH fell after executives forecast a slow grind to recover its momentum in the Chinese market.
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Come Cruise With Me on MSN1d
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Travel + Leisure on MSN3h
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Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories.
Stocks traded higher Tuesday following a deep selloff in shares of technology companies after China’s DeepSeek rattled ...
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