Some of the world's most well-known companies are already seeing the Israel-Hamas war weighing on operations.
Corporations that do business or have operations in the region have already begun seeing the war change their financial outlooks as the unrest weighs on everything from advertising dollars to tourism to supply chains. These early admissions come as world leaders grow increasingly concerned that the conflict will further intensify, with international calls for asaid fourth-quarter performance could vary depending on the length of flight suspensions in Tel Aviv.
Still, Liberty said the cruise line's customer base is sticky, so it may become more of a question of where they are going to travel rather than if they are going to cancel their plans.that it saw pauses in spending from a"large number of primarily brand-oriented advertising campaigns" immediately after the war began. That has weighed on revenue quarter to date.
Meta finance chief Susan Li said the Facebook and Instagram parent has seen softer advertising spending so far in the quarter, correlating in timeline with the start of the conflict. Li noted that it isn't necessarily due to any one event, but cooler spending has aligned in the past with the start of conflicts such as the Russian invasion of Ukraine last year.