Airbnb stock price crashed by over 7% on Wednesday as travel companies plunged after a major policy change by the Donald Trump administration. ABNB plunged to a low of $130, down by nearly 8% from its highest point this year.
Airbnb has named a former Meta AI executive to lead its tech operations. Ahmad Al-Dahle, who previously oversaw Meta's generative artificial intelligence (AI) efforts, has been hired as chief technology officer of the short-term rental platform the company announced Wednesday (Jan. 14).
Airbnb hired Meta's former head of GenAI, Ahmad Al-Dahle, as its news technology chief. Former tech chief Ari Balogh stepped down in December after more than seven years at the company.
A low valuation is not enough in the REIT sector. Many of the cheapest REITs are also the worst investments. I highlight many REIT value traps to avoid going into 2026.
Airbnb's brand and network effect are key competitive strengths that support its industry position. The scalable business model has helped generate significant amounts of free cash flow.
Microsoft shares underperformed due to concerns about its relationship with OpenAI following the Oracle/OpenAI deal announcement. Vertex Pharmaceuticals lost value following disappointing clinical trial results in one of its pain therapy programs. We initiated a position in Advanced Micro Devices (AMD), a leading provider of high-performance computing and AI solutions.
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