Diamonds and Dogs
The cruise industry is finally getting some good news. The CDC removed its travel health notice for cruise ships for the first time since March 2020. Carnival (CCL), the world's largest cruise company, is up 3%. The company has 66 ships currently in service, but anticipates it will have all 94 of its vessels sailing by June. Just not to Russia.
Profit-taking in Walgreens (WBA). The drugstore retailer is down 5% following earnings. The company easily beat expectations due to Covid-19 vaccinations and testing along with sales for cough, cold, and flu remedies. However, looking forward, Walgreens could see a significant drop in sales and earnings the second half of the year and into 2023 as vaccinations slow.
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