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Why It Moves

Why Is Carnival (CCL) Stock Rocketing Higher Today

Shares of cruise ship company Carnival (NYSE:CCL) jumped 7.8% in the afternoon session after its rival, Royal Caribbean, reported strong results and an upbeat full-year profit forecast, driven by record booking demand. Royal Caribbean's outlook for 2026 was above what Wall Street had expected. The company noted that since the start of the key "wave" booking period, it had seen the seven highest booking weeks in its history. A significant portion of its 2026 cruise capacity was already booked at record rates. The strong results from a major competitor provided a boost to rivals, suggesting very strong consumer demand across the entire cruise industry. This investor optimism lifted shares of other cruise lines, including Carnival.

Jan 29, 2026
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Why It Moves

Why Is A. O. Smith (AOS) Stock Rocketing Higher Today

Shares of water heating and treatment solutions company A.O. Smith (NYSE:AOS) jumped 5.9% in the afternoon session after its fourth-quarter 2025 earnings surpassed Wall Street's expectations, signaling strong profitability to investors. 

Jan 29, 2026
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Why It Moves

Washington Trust Bancorp (WASH) Shares Skyrocket, What You Need To Know

Shares of regional bank Washington Trust Bancorp (NASDAQ:WASH) jumped 11.6% in the afternoon session after the company posted strong fourth-quarter 2025 earnings that surpassed analyst expectations for both revenue and profit. 

Jan 29, 2026
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