Travel is booming, even as discretionary spending is constantly in flux. Airbnb is generating substantial growth from both short and long-term stays, and hosts are joining the platform in droves.
Airbnb beat estimates on the top and bottom lines in its first-quarter earnings report. However, its Q2 outlook called for slower growth due in part to the shift of the Easter holiday to Q1.
DFW housing and macro econ analyst Amy Nixon discusses whether the Fed's housing dilemma can be solved by monetary policy on 'Making Money.'
Airbnb's (ABNB) first-quarter 2024 results benefit from continuous improvement in Nights and Experiences Booked and growing GBV.

Why Airbnb is in a 'transition year': Analyst

01:18pm, Thursday, 09'th May 2024
Shares of Airbnb (ABNB) are trading lower on Thursday morning after the company posted its first quarter results, which beat revenue expectations but revealed weaker-than-expected guidance for its sec

5 Stocks to Buy Immediately, According to AI

12:50pm, Thursday, 09'th May 2024
In the late 1970s, Louis Navellier – then a college student, now a senior analyst at InvestorPlace – accidentally beat the market. By running financial data through a Wells Fargo mainframe compute
The S&P 500 Information Technology Sector Index lost ground intraday Thursday, edging 0.2% lower as of 11:15 a.m. ET. The broader S&P 500 was up 0.4%, while the tech-heavy Nasdaq gained 0.2%.

Airbnb Shares Slide on Weak Travel Outlook

11:49am, Thursday, 09'th May 2024
Airbnb said revenue for the current quarter ending in June will be $2.68 billion to $2.74 billion. Analysts had been expecting $2.74 billion.
Airbnb co-founder and CEO Brian Chesky joins 'Squawk on the Street' to discuss the company's quarterly earnings results, the launch of 'Icons', growth outlook, international expansion, and more.

Weak Outlook Overshadows Airbnb's Quarterly Win

11:00am, Thursday, 09'th May 2024
Despite first-quarter earnings and revenue beats, Airbnb Inc (NASDAQ:ABNB) stock is down 6% to trade at $148.51 after the company issued a  lackluster fiscal second-quarter outlook.
First-quarter earnings are arguably the most important reports for any stock to release, as they set the tone for the rest of the year and give investors insight into their current—and potential—h
Airbnb's profit more than doubled last quarter, but management's disappointing revenue forecast sparked a roughly 7% drop fort its stock in after-market trading Wednesday.
Shares in short-term accommodation marketplace Airbnb (ABNB) slid more than 8% in extended trading on Wednesday after the company issued a weaker-than-expected current-quarter outlook, overshadowing i
Airbnb's first quarter results showed growth in listings and in nights booked. And per management commentary on the conference call, demand for international travel remains robust — enough so that
Over the past week or so of trading, the major indices have been treading water.
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