Vacation-home rental platform Airbnb Inc. on Thursday reported second-quarter results and a third-quarter sales forecast that topped Wall Street's estimates, as people sought longer stays and bigger p
Airbnb's second-quarter results beat expectations on the top and bottom lines, and the company issued promising guidance lifted by increasing international travel.  The property rental company posted
Airbnb said that nights and experiences booked grew 11%, missing estimates. But the number improved in June in comparison with April, the company said.

2 Big Tech Giants Reporting Earnings Tonight

01:42pm, Thursday, 03'rd Aug 2023
A few tech giants are slated to step into the earnings confessional this week, and investors are hopeful that the reports can help the tech-heavy Nasdaq Composite Index (IXIC) step out of its slump.
Investors should have been looking at travel stocks to buy over the last few months, given the move we've seen in this group. Whether there's a recession coming or not, consumers don't seem to be worr

Earnings Previews: Airbnb, Amazon, Apple

10:03am, Wednesday, 02'nd Aug 2023
After U.S. markets closed on Tuesday, AMD beat both earnings per share (EPS) and revenue estimates and issued third-quarter guidance in line with Wall Street estimates.
Melius Research analysts start coverage of Hilton, Hyatt and Marriott with Buy ratings but are more cautious on Airbnb and Expedia.
Beleaguered airline Southwest has failed to recapture prepandemic level margins like many of its competitors. One observer finds that traffic is up more than 5% for major hotel websites.
Airbnb is expected to report a year-over-year drop in bookings and average daily rates (ADR) for the second quarter when it hands down its latest financial results on August 3 after the market close.

Airbnb: The Runway Is Still Long

03:36am, Sunday, 30'th Jul 2023
Despite an 80% boost in share price year to date, Airbnb's strong fundamentals give the stock plenty of runway to rise higher. Airbnb continues to enjoy double-digit growth in revenue, nights booked,
Airbnb is now lapping tough comparables. ADR is likely to come down as supply increases. The company has a net cash balance sheet and is GAAP profitable.
A slew of strong economic and earnings data points this week “could be the catalyst to send the market to new highs,” according to one strategist.
UBER's order volumes are expected to have surged in second-quarter 2023.
As Argentina's inflation rate soared past 100% and the value of the currency slid, IT worker Luis, 33, found an economic lifeline: renting out his apartment on Airbnb for coveted dollars and finding a

2 Growth Stocks on My Buy List

05:30am, Tuesday, 25'th Jul 2023
Airbnb is going strong with the recovery in travel demand. Pinterest is thriving even in the post-pandemic market.
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