Recovery in the cruise industry may take longer than expected as fuel costs rise and omicron surges, and that could hurt Carnival shares, according to Argus.
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Argus downgrades Carnival as fuel costs rise and omicron surges
Travel
Trip.com shares plunge more than 20% as China opens antitrust probe into company
Signage at the Trip.com Group Ltd. headquarters building in Shanghai, China, on Monday, Aug. 28, 2023. Bloomberg | Bloomberg | Getty Images Shares of Chinese online travel services provider Trip.com plunged nearly 22% in Hong Kong on Thursday after Beijing opened an antitrust probe into the company. China’s State Administration for Market Regulation late Wednesday said […]
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Travel
Trip.com shares plunge more than 20% as China opens antitrust probe into company
Signage at the Trip.com Group Ltd. headquarters building in Shanghai, China, on Monday, Aug. 28, 2023. Bloomberg | Bloomberg | Getty Images Shares of Chinese online travel services provider Trip.com plunged nearly 22% in Hong Kong on Thursday after Beijing opened an antitrust probe into the company. China’s State Administration for Market Regulation late Wednesday said […]
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Travel
Airbnb CEO Brian Chesky on new CTO: We have an opportunity to do AI right for travel and e-commerce
Airbnb CEO Brian Chesky joins ‘Squawk Box’ to discuss the hiring of Meta’s former head of GenAI, Ahmad Al-Dahle, as its new Chief Technology Officer, how the move came about, what it means for the company’s AI ambitions, his thoughts on the CA wealth tax, and more. Source
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