Airbnb Inc
Zoom investor tells startup founders: ‘Forget the past three years’ and accept 50% valuation hit
Eugene Zhang, founding partner of Silicon Valley VC firm TSVC Spencer Greene, general partner of TSVC Courtesy: TSVC Eugene Zhang, a veteran Silicon Valley investor, recalls the exact moment the market for young startups peaked this year. The firehose of money from venture capital firms, hedge funds and wealthy families pouring into seed-stage companies was […]
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Gig economy stocks pop after companies show strong demand for their services
Air travelers wait in the ride share lot near a sign for Uber at Los Angeles International Airport (LAX) on August 20, 2020 in Los Angeles, California. Mario Tama | Getty Images Shares of gig economy companies Uber, Lyft, DoorDash and Airbnb popped this week after the companies posted quarterly reports that showed strong demand. […]
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These companies are still flexing pricing power amid strong consumer demand
If you haven’t heard a lot about pricing power this earnings season, there’s a good reason: There hasn’t been a lot of it to go around. Many of the companies that have opted to pass along higher costs to consumers in the form of price increases are seeing lower volumes. There are a number of […]
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We’re adding four stocks to our Bullpen, including Starbucks and Airbnb
As the baseball metaphor suggests, the Bullpen consists of stocks in reserve that we might consider buying and adding our portfolio. Source
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Stocks making the biggest moves midday: Gilead Sciences, CVS, Electronic Arts and more
A customer walks towards the entrance of a CVS Health Corp. store in downtown Los Angeles, California, U.S., on Friday, Oct. 27, 2017. Christopher Lee | Bloomberg | Getty Images Check out the companies making headlines in midday trading Wednesday. Gilead Sciences — Shares of the biopharma company rose 6.6% after quarterly revenue of $6.26 […]
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Stocks making the biggest moves premarket: CVS, Under Armour, Moderna and more
Check out the companies making headlines before the bell: CVS Health (CVS) – The drugstore operator and pharmacy benefits manager saw its shares rise 3.8% in the premarket after beating top- and bottom-line estimates and raising its full-year earnings forecast. Results were helped by strong sales of over-the-counter Covid-19 tests as well as an upbeat […]
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Airbnb stock slumps despite record-breaking bookings
Brian Chesky, CEO and Co-founder of Airbnb Mike Segar | Reuters Airbnb beat Wall Street estimates for earnings and posted revenue that was in line with estimates for the second quarter. The company also announced a $2 billion share buyback program. Shares were down about 9% after hours, despite what appeared to be a strong report, […]
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Stocks making the biggest moves after hours: PayPal, Airbnb, Match Group, Caesars and more
A sign is posted outside of the PayPal headquarters in San Jose, California. Justin Sullivan | Getty Images Check out the companies making headlines in extended trading. Match Group — Shares of the dating app operator tumbled as much as 23% after the company reported revenue of $795 million for the second quarter, compared with […]
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Cramer’s week ahead: Jobs report on Friday will make or break July’s rally
CNBC’s Jim Cramer on Monday said the most important data this week is the Bureau of Labor Statistics release of the July nonfarm payrolls report on Friday morning. “If it shows some job growth with no wage inflation, then the fabulous July rally can stand. But if it shows booming hiring with exceptionally large wage […]
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Amazon’s PR and policy chief Jay Carney leaves to join Airbnb
Senior Vice-President of Worldwide Corporate Affairs at Amazon James Carney speaks with EU officials on February 1, 2018 in Brussels, Belgium. Thierry Monasse | Corbis News | Getty Images Airbnb has tapped Jay Carney, Amazon’s top spokesperson, to serve as its new head of policy and communications. Carney will start at Airbnb in September, and […]
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