Alexander Creutzmann | Mambo photo | Getty Images– Shares of Carnival Cruise Lines jumped 11% after the travel company said it had its best booking volumes since the start of the pandemic during the second quarter. Carnival's results missed estimates on top and bottom lines.
The company also reported that cash from operations turned positive in April and was positive for the second quarter.– The logistics and delivery stock rose nearly 7% after FedEx said it expected adjusted earnings to rise in its current fiscal year. FedEx reported mixed results for its fiscal fourth quarter, with adjusted earnings of $6.87 per share on $24.39 billion of revenue. Analysts surveyed by Refinitiv were looking for $6.86 in earnings per share of $24.56 billion of revenue.
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