The biggest move day and night, Carnival-Cruise Line jumped nearly 7% after shattering second quarter revenue and revenue that surpassed analyst expectations. Carnival reported adjusted earnings of 35 cents per share against revenues of $6.333 billion. According to FactSet, analysts had expected a profit of $6.21 billion with revenue of 25 cents per share. Other cruise operators have elevated the carnival. Norwegian cruise line scored almost 5%, while Royal Caribbean and Viking Holdings both advanced by more than 2%. Uber – Rideshare platform rose nearly 8%. Waymo currently offers Atlanta Robotaxi rides to the public through the Uber app. Airlines – Airlines rose in the wake of falling oil prices after President Donald Trump announced a ceasefire in Iran and Israel. Frontier Group rose 6%, while Alaska Airlines and American Airlines scored around 4%. United Airlines, along with Delta, won around 2%. JetBlue Advanced 4%. Advance Auto Parts – Specialist retail inventory fell nearly 9% after being downgraded to sell from Goldman Sachs’ Neutral. The investment company said advanced auto parts may have lost market share of its major rivals, and it appears that the stock is trading in an extension valuation. CleanSpark – Bitcoin Miner stocks jumped over 9%. On Tuesday, CleanSpark announced it had achieved an operational hashrate target of 50 exahash per second. Operational hashrates are measures of computing power for mining Bitcoin. Coinbase – As cryptocurrency rose, stocks in crypto exchange operators rose 10%, demonstrating the reactivity of the digital asset market to global geopolitical events and leading other providers of crypto trading services. Robin Hood and Etro each earned about 6%. Galaxy Digital, a crypto-focused financial services company, rose 5%. Defense Stocks – Defense stocks fell after Trump said Tuesday a ceasefire in the Iran-Israel conflict was in effect. Stocks in Lockheed Martin and RTX fell 2.6% and 3.2% respectively. Kratos Defense & Security Solutions slid almost 6%. Oil – Oil stocks were modestly low after Trump announced an effective ceasefire between Israel and Iran. Exxon Mobil has dropped by over 2%, while Chevron has soaked 1.8%. Energy Select Sector SPDR Fund (XLE) has decreased by 1%. Visa, MasterCard – After Wells Fargo repeated ratings for payment providers overweight, Visa and MasterCard both rose by more than 2%, saying investors should take advantage of the latest pullback. First Financial Bancorp – Shares rose 1.7% after the Cincinnati-based bank agreed to buy Westfield Bancorp from Ohio Farmers Insurance Company with $325 million in cash and shares. Thor Industries – The owner of the RV brand won nearly 2% after allowing a $400 million buyback. Snowflake – Cloud-based online data storage company rose 4% after Morgan Stanley upgraded from equal weight to overweight. Investment banks, who say Snowflake has more than 22% advantages, believe that the growth of artificial intelligence will increase stock prices. – CNBC’s Michelle Fox, Alex Hurling, Jesse Pound, Sean Conlon, Sarah Minh and Tanaya Machel contributed the report.
