Shares of Royal Caribbean have risen 52% so far this year and jumped more than 125% in the last 12 months, driven by steady cruise demand and higher ticket prices.
In early July, Exxon had forecast that the lower oil and gas prices could reduce its second-quarter earnings by about $1.5 billion from the prior quarter's level.
Shares of athletic apparel brand Nike (NYSE:NKE)
jumped 4.3% in the morning session after J.P. Morgan upgraded the stock to Overweight from a Neutral rating, citing a potential multi-year recovery.
Wall Street opened the week slightly higher, led by gains in energy stocks, while the U.S. dollar posted its strongest performance in over two months, as markets reacted to the U.S.-EU trade deal struck over the weekend.
Tesla’s shares continued to rise on Monday, extending the surge from Friday after the company announced a $16.5 billion partnership with Samsung Electronics for semiconductor chips.
Deckers' CEO stated that since increasing prices on July 1, the company has not experienced any material decline in performance for the products on which prices were raised.
NIKE and Target have undergone less-than-ideal price action over recent years, underperforming in a big way and regularly posting weaker-than-expected results.
Academy Sports & Outdoors shares dip 2.8% as the company leans on enhanced merchandising, RFID rollout and operational upgrades to stabilize performance.
