Airbnb has delivered strong profitability growth since 2021, but revenue growth has moderated, leading to lackluster stock market returns since my first bullish call in September 2021. As we approach Q3 earnings, I am keeping a close eye on management commentary on three future growth drivers that could determine Airbnb's stock price movements in the foreseeable future. In the short term, the p...
Airbnb is making a big push to loosen the regulatory noose around its neck in the Big Apple – before it's too late and a Mamdani administration takes over.
Amazon is beginning a round of layoffs that are expected to amount to the company's largest corporate cuts in its history. Qualcomm will release artificial intelligence accelerator chips in a bid to compete with Nvidia and AMD.
Airbnb said its plans to use anti-party technology this Halloween weekend to stop large gatherings at bookings in the U.S. and Canada. The tech factors in the length of a stay, the distance from a guest's location, property type and timing of a booking to block reservations deemed "higher risk.
It is difficult to find cheap growth stocks today. Remitly's stock is down because of various bear cases, but the company is growing quickly and can keep taking market share.
Upcoming third quarter earnings reports from major online travel companies Airbnb Inc (NASDAQ:ABNB, ETR:6Z1), Booking Holdings Inc (NASDAQ:BKNG, ETR:PCE1), and Expedia Group Inc (NASDAQ:EXPE, ETR:E3X1) will underscore a growing divergence in performance between the US and international markets, according to Wedbush analysts. In a note to clients, the firm wrote that the overall backdrop for the...
Airbnb CEO Brian Chesky told CNBC's “Squawk Box” on Wednesday that he wants to integrate ChatGPT artificial intelligence capabilities into the travel platform but the software isn't ready. The comments followed the launch of new social features and a more personalized AI chatbot on Airbnb's app earlier this week.
In the most recent quarter, Wynn's shares increased 37.3% following strong second quarter results and better-than-expected performance in both Macau and Las Vegas. Leading commercial real estate service company Jones Lang LaSalle Incorporated contributed positively to performance during the third quarter. The shares of Airbnb detracted from performance in the most recent quarter despite reporti...
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