Brian Chesky, Airbnb co-founder and CEO, joins ‘Squawk on the Street’ to examine the firm’s weaker than expected steerage, the pricing method for Airbnb and if legacy lodging is making a oversight on their pricing.
Customers surface much more concentrated than at any time on affordability right now, says Airbnb CEO
Travel
Expedia stock soars on recent quarter
CNBC’s Contessa Brewer breaks down the latest earnings from Expedia. Source
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Travel
American adds Budapest, Prague and Buenos Aires flights for summer 2026
An American Airlines Boeing 787-9 Dreamliner lands at the Miami International Airport on December 10, 2021 in Miami, Florida. Joe Raedle | Getty Images American Airlines is reviving some of its pre-pandemic destinations like Prague and Budapest, Hungary, as international travel continues to hold up better than domestic demand. Other additions include its first-ever Dallas […]
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Travel
We’re upgrading our rating on Disney thanks to a misguided market reaction to earnings
Disney shares are under pressure Wednesday after the entertainment giant reported mixed quarterly results. We think it’s an opportunity. Revenue in the three months ended June 28 increased 2% year over year to $23.65 billion, missing expectations of $23.73 billion, according to LSEG. Adjusted earnings per share (EPS) in the fiscal 2025 third quarter totaled […]
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