Airbnb Inc
Airbnb shares drop 14% on earnings miss as company warns of slowing U.S. demand
Airbnb CEO and co-founder Brian Chesky speaks at The Fast Company Innovation Festival on September 21, 2022, in New York. Eugene Gologursky | Getty Images Entertainment | Getty Images Airbnb shares dropped 14% in after-hours trading after the company reported second-quarter earnings that missed analyst expectations and warned that it’s seeing signs of slowing demand […]
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Airbnb supply is outstripping demand, says Needham’s Bernie McTernan
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Closing Bell: Overtime Bernie McTernan, Needham Senior Analyst, joins ‘Closing Bell Overtime’ to talk Airbnb’s quarterly results and stock reaction. 03:18 4 minutes ago Source
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Stocks making the biggest moves after hours: Airbnb, Super Micro Computer, Tripadvisor, Wynn Resorts and more
Check out the companies making headlines in midday trading. Airbnb — The online booking company plunged 13% after second-quarter earnings missed Wall Street estimates. Airbnb reported earnings of 86 cents per share, while analysts polled by LSEG were looking for 92 cents. The company also said it’s seeing signs of slowing demand from its U.S. […]
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Microsoft’s cloud is ‘no-brainer’ for some AI startups, helping Azure gain ground on AWS
EzDubs founders Amrutavarsh Kinagi (left), Kareem Nassar and Padmanabhan Krishnamurthy pose for a photo in Palo Alto, California, in August 2023. EzDubs, a developer of language-translation technology, got started the way many tech startups get off the ground. It launched on public clouds from Amazon and Google. However, after EzDubs went through the Y Combinator […]
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The Olympic Games attract huge numbers, but they also repel many visitors too
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Many people — including residents — avoided Paris in the build-up to the Olympic Games, despite prognostications that a travel boom was all but assured. Source
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LVMH CEO Bernard Arnault says Olympics sponsorship honors the spirit of France
For the first time a luxury brand is an Olympic sponsor. And it’s not just one brand, it’s the empire of LVMH. “We tried to find a way with the Olympic Committee – to be able to show maybe something that has never been done before with the Olympics,” LVMH Chairman and CEO Bernard Arnault […]
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San Francisco’s AI increase can’t quit authentic estate slide, as workplace vacancies access new record
Synthetic intelligence has been a big boon for San Francisco actual estate. But not enough of a person to make up for the broader struggle throughout the market. The vacancy charge for San Francisco place of work space attained a new file of 34.5% in the 2nd quarter, in accordance to a report Monday from […]
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The sting of an Airbnb rejection: Hosts explain why they transform down all types of vacationers
When a girl in her early twenties requested to ebook Vicky Borman’s one-bed room Heritage-detailed cottage in the English village of St Neots very last summertime, some thing failed to experience appropriate. The consumer had no evaluations on her Airbnb profile, so Borman, who has ‘Superhost’ position on the platform, took to social media to […]
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Shares generating the most important moves midday: GameStop, U.S. Cellular, Nvidia, Norwegian Cruise Line and additional
Look at out the firms creating the most important moves midday: GameStop — Shares jumped almost 23% next the movie recreation retailer’s announcement on Friday that it created about $933 million from a stock sale. Gambling shares — DraftKings and U.S.-traded shares of FanDuel father or mother Flutter Enjoyment shares fell 10% and 7%, respectively. […]
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Stocks making the biggest moves premarket: GameStop, Nvidia, Airbnb, Viking and more
Check out the companies making headlines before the bell. GameStop — Shares surged nearly 27% following the company’s announcement Friday that it had made around $933.4 million from a stock sale. The company sold 45 million common shares. Nvidia — The chipmaker jumped 3% premarket, continuing its post-earnings rally after its quarterly earnings report Wednesday. Shares […]
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